INTEXT: what changed
INTEXT
Largest movements
- Receivables within one year +€5,387
up €5,387 (+29.5%), from €18,281 to €23,668
of which Trade receivables: +€4,598
- Cash -€1,798
down €1,798 (-58.3%), from €3,084 to €1,286
mainly Receivables within one year (-€5,387) and Net result for the year (-€297)
- Tangible fixed assets -€790
down €790 (-9.2%), from €8,545 to €7,755
- Tax, wage and social debts +€2,427
up €2,427 (+149%), from €1,627 to €4,054
of which Remuneration and social security: +€2,437
- Trade debts +€668
up €668 (+115%), from €583 to €1,251
- Gross operating margin -€6,446
down €6,446 (-79.6%), from €8,102 to €1,656
- Taxes -€1,295
down €1,295 (-93.6%), from €1,384 to €89
- Other operating charges -€90
down €90 (-8.0%), from €1,119 to €1,029
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,911 | €32,709 | +€2,798 | +9.4% |
| Fixed assets | 21/28 | €8,545 | €7,755 | -€790 | -9.2% |
| Tangible fixed assets | 22/27 | €8,545 | €7,755 | -€790 | -9.2% |
| Land and buildings | 22 | €8,545 | €7,755 | -€790 | -9.2% |
| Current assets | 29/58 | €21,366 | €24,954 | +€3,588 | +16.8% |
| Amounts receivable within one year | 40/41 | €18,281 | €23,668 | +€5,387 | +29.5% |
| Trade receivables | 40 | €242 | €4,840 | +€4,598 | +1,900% |
| Other amounts receivable | 41 | €18,039 | €18,828 | +€789 | +4.4% |
| Cash at bank and in hand | 54/58 | €3,084 | €1,286 | -€1,798 | -58.3% |
| Total equity and liabilities | 10/49 | €29,911 | €32,709 | +€2,798 | +9.4% |
| Equity | 10/15 | €27,701 | €27,404 | -€297 | -1.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €14,989 | €14,989 | = | 0.0% |
| Distributable reserves | 133 | €14,989 | €14,989 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,513 | €6,215 | -€297 | -4.6% |
| Amounts payable | 17/49 | €2,209 | €5,305 | +€3,095 | +140% |
| Amounts payable within one year | 42/48 | €2,209 | €5,305 | +€3,095 | +140% |
| Trade debts | 44 | €583 | €1,251 | +€668 | +115% |
| Suppliers | 440/4 | €583 | €1,251 | +€668 | +115% |
| Taxes, remuneration and social security | 45 | €1,627 | €4,054 | +€2,427 | +149% |
| Taxes | 450/3 | €1,627 | €1,617 | -€10 | -0.6% |
| Remuneration and social security | 454/9 | - | €2,437 | +€2,437 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €790 | €790 | = | 0.0% |
| Other operating charges | 640/8 | €1,119 | €1,029 | -€90 | -8.0% |
| Gross operating margin | 9900 | €8,102 | €1,656 | -€6,446 | -79.6% |
| Operating profit (loss) | 9901 | €6,193 | -€163 | -€6,356 | |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.4% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €6,150 | -€208 | -€6,358 | |
| Income taxes | 67/77 | €1,384 | €89 | -€1,295 | -93.6% |
| Profit (loss) for the period | 9904 | €4,765 | -€297 | -€5,063 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,765 | -€297 | -€5,063 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.