IO: 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.
IO
Largest movements
- Intangible fixed assets +€49,500
new in 2025: €49,500
- Receivables within one year -€1,744
down €1,744 (-86.8%), from €2,010 to €266
- Trade debts +€54,491
new in 2025: €54,491
- Profit (loss) carried forward -€6,450
down €6,450 (-694%), from -€930 to -€7,380
- Depreciation +€5,500
new in 2025: €5,500
- Gross operating margin +€103
up €103 (+11.0%), from -€930 to -€827
- Other operating charges +€98
new in 2025: €98
- Financial charges +€26
new in 2025: €26
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 | €2,070 | €50,111 | +€48,041 | +2,320% |
| Fixed assets | 21/28 | - | €49,500 | +€49,500 | |
| Intangible fixed assets | 21 | - | €49,500 | +€49,500 | |
| Current assets | 29/58 | €2,070 | €611 | -€1,459 | -70.5% |
| Amounts receivable within one year | 40/41 | €2,010 | €266 | -€1,744 | -86.8% |
| Other amounts receivable | 41 | €2,010 | €266 | -€1,744 | -86.8% |
| Cash at bank and in hand | 54/58 | €61 | €345 | +€285 | +470% |
| Total equity and liabilities | 10/49 | €2,070 | €50,111 | +€48,041 | +2,320% |
| Equity | 10/15 | €2,070 | -€4,380 | -€6,450 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€930 | -€7,380 | -€6,450 | -694% |
| Amounts payable | 17/49 | - | €54,491 | +€54,491 | |
| Amounts payable within one year | 42/48 | - | €54,491 | +€54,491 | |
| Trade debts | 44 | - | €54,491 | +€54,491 | |
| Suppliers | 440/4 | - | €54,491 | +€54,491 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,500 | +€5,500 | |
| Other operating charges | 640/8 | - | €98 | +€98 | |
| Gross operating margin | 9900 | -€930 | -€827 | +€103 | +11.0% |
| Operating profit (loss) | 9901 | -€930 | -€6,425 | -€5,495 | -591% |
| Financial charges | 65/66B | - | €26 | +€26 | |
| Recurring financial charges | 65 | - | €26 | +€26 | |
| Profit (loss) for the period before taxes | 9903 | -€930 | -€6,450 | -€5,521 | -594% |
| Profit (loss) for the period | 9904 | -€930 | -€6,450 | -€5,521 | -594% |
| Profit (loss) for the period to be appropriated | 9905 | -€930 | -€6,450 | -€5,521 | -594% |
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 29 October 2026 via checked.be.