INZICHT: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
INZICHT
Largest movements
- Cash -€20,594
down €20,594 (-23.6%), from €87,349 to €66,755
mainly Contributions, distributions and other (-€30,000) and Tax, wage and social debts (-€7,797)
- Receivables within one year -€5,392
down €5,392 (-15.4%), from €35,065 to €29,674
of which Trade receivables: -€19,395
- Reserves -€30,000
down €30,000 (-23.7%), from €126,609 to €96,609
- Profit (loss) carried forward +€10,203
up €10,203, from -€3,792 to €6,411
- Tax, wage and social debts -€7,797
down €7,797 (-61.5%), from €12,680 to €4,883
of which Taxes: -€7,797
- Trade debts -€2,197
down €2,197 (-35.8%), from €6,133 to €3,936
- Other debts +€1,642
up €1,642, from €0 to €1,642
- Staff costs -€59,172
down €59,172, from €59,127 to -€45
- Gross operating margin -€18,517
down €18,517 (-59.2%), from €31,257 to €12,739
- Other operating charges -€1,196
down €1,196 (-67.9%), from €1,761 to €565
- Depreciation -€659
down €659 (-32.8%), from €2,011 to €1,353
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €141,630 | €113,480 | -€28,149 | -19.9% |
| Fixed assets | 21/28 | €16,857 | €15,504 | -€1,353 | -8.0% |
| Tangible fixed assets | 22/27 | €12,357 | €11,004 | -€1,353 | -10.9% |
| Furniture and vehicles | 24 | €53 | €0 | -€53 | -100% |
| Other tangible fixed assets | 26 | €12,304 | €11,004 | -€1,300 | -10.6% |
| Financial fixed assets | 28 | €4,500 | €4,500 | = | 0.0% |
| Current assets | 29/58 | €124,773 | €97,976 | -€26,797 | -21.5% |
| Amounts receivable within one year | 40/41 | €35,065 | €29,674 | -€5,392 | -15.4% |
| Trade receivables | 40 | €33,136 | €13,741 | -€19,395 | -58.5% |
| Other amounts receivable | 41 | €1,930 | €15,933 | +€14,004 | +726% |
| Cash at bank and in hand | 54/58 | €87,349 | €66,755 | -€20,594 | -23.6% |
| Deferred charges and accrued income | 490/1 | €2,358 | €1,547 | -€811 | -34.4% |
| Total equity and liabilities | 10/49 | €141,630 | €113,480 | -€28,149 | -19.9% |
| Equity | 10/15 | €122,817 | €103,020 | -€19,797 | -16.1% |
| Reserves | 13 | €126,609 | €96,609 | -€30,000 | -23.7% |
| Distributable reserves | 133 | €126,609 | €96,609 | -€30,000 | -23.7% |
| Profit (loss) carried forward | 14 | -€3,792 | €6,411 | +€10,203 | |
| Amounts payable | 17/49 | €18,813 | €10,461 | -€8,352 | -44.4% |
| Amounts payable within one year | 42/48 | €18,813 | €10,461 | -€8,352 | -44.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €6,133 | €3,936 | -€2,197 | -35.8% |
| Suppliers | 440/4 | €6,133 | €3,936 | -€2,197 | -35.8% |
| Taxes, remuneration and social security | 45 | €12,680 | €4,883 | -€7,797 | -61.5% |
| Taxes | 450/3 | €12,680 | €4,883 | -€7,797 | -61.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | €1,642 | +€1,642 | |
| Remuneration, social security and pensions | 62 | €59,127 | -€45 | -€59,172 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,011 | €1,353 | -€659 | -32.8% |
| Other operating charges | 640/8 | €1,761 | €565 | -€1,196 | -67.9% |
| Non-recurring operating charges | 66A | €0 | €99 | +€99 | |
| Gross operating margin | 9900 | €31,257 | €12,739 | -€18,517 | -59.2% |
| Operating profit (loss) | 9901 | -€31,643 | €10,768 | +€42,410 | |
| Financial income | 75/76B | €108 | €110 | +€3 | +2.5% |
| Recurring financial income | 75 | €108 | €110 | +€3 | +2.5% |
| Financial charges | 65/66B | €233 | €108 | -€125 | -53.6% |
| Recurring financial charges | 65 | €233 | €108 | -€125 | -53.6% |
| Profit (loss) for the period before taxes | 9903 | -€31,768 | €10,770 | +€42,538 | |
| Income taxes | 67/77 | €556 | €567 | +€11 | +1.9% |
| Profit (loss) for the period | 9904 | -€32,324 | €10,203 | +€42,527 | |
| Profit (loss) for the period to be appropriated | 9905 | -€32,324 | €10,203 | +€42,527 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.