IS&BOU: 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.
IS&BOU
Largest movements
- Tangible fixed assets +€6,485
new in 2025: €6,485
- Cash -€1,737
down €1,737 (-66.2%), from €2,626 to €889
mainly Investment in fixed assets (net) (-€7,390) and Net result for the year (-€1,526)
- Stocks and contracts +€211
up €211 (+93.9%), from €225 to €436
- Other debts +€8,518
up €8,518 (+2,044%), from €417 to €8,935
- Profit (loss) carried forward -€1,526
down €1,526 (-10.0%), from -€15,219 to -€16,745
- Trade debts -€1,020
down €1,020 (-62.2%), from €1,640 to €620
- Tax, wage and social debts -€1,013
no longer reported in 2025 (was €1,013)
- Gross operating margin +€2,064
up €2,064, from -€1,760 to €304
- Depreciation +€904
new in 2025: €904
- Other operating charges -€550
no longer reported in 2025 (was €550)
- Financial charges -€54
down €54 (-8.4%), from €651 to €597
- Taxes +€21
up €21 (+6.8%), from €308 to €329
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 | €2,851 | €7,810 | +€4,959 | +174% |
| Fixed assets | 21/28 | - | €6,485 | +€6,485 | |
| Tangible fixed assets | 22/27 | - | €6,485 | +€6,485 | |
| Furniture and vehicles | 24 | - | €6,485 | +€6,485 | |
| Current assets | 29/58 | €2,851 | €1,325 | -€1,526 | -53.5% |
| Stocks and contracts in progress | 3 | €225 | €436 | +€211 | +93.9% |
| Stocks | 30/36 | €225 | €436 | +€211 | +93.9% |
| Cash at bank and in hand | 54/58 | €2,626 | €889 | -€1,737 | -66.2% |
| Total equity and liabilities | 10/49 | €2,851 | €7,810 | +€4,959 | +174% |
| Equity | 10/15 | -€219 | -€1,745 | -€1,526 | -697% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,219 | -€16,745 | -€1,526 | -10.0% |
| Amounts payable | 17/49 | €3,070 | €9,555 | +€6,485 | +211% |
| Amounts payable within one year | 42/48 | €3,070 | €9,555 | +€6,485 | +211% |
| Trade debts | 44 | €1,640 | €620 | -€1,020 | -62.2% |
| Suppliers | 440/4 | €1,640 | €620 | -€1,020 | -62.2% |
| Taxes, remuneration and social security | 45 | €1,013 | - | -€1,013 | |
| Taxes | 450/3 | €1,013 | - | -€1,013 | |
| Other amounts payable | 47/48 | €417 | €8,935 | +€8,518 | +2,044% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €904 | +€904 | |
| Other operating charges | 640/8 | €550 | - | -€550 | |
| Gross operating margin | 9900 | -€1,760 | €304 | +€2,064 | |
| Operating profit (loss) | 9901 | -€2,309 | -€600 | +€1,709 | +74.0% |
| Financial charges | 65/66B | €651 | €597 | -€54 | -8.4% |
| Recurring financial charges | 65 | €651 | €597 | -€54 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,961 | -€1,197 | +€1,764 | +59.6% |
| Income taxes | 67/77 | €308 | €329 | +€21 | +6.8% |
| Profit (loss) for the period | 9904 | -€3,268 | -€1,526 | +€1,743 | +53.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,268 | -€1,526 | +€1,743 | +53.3% |
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 25 October 2026 via checked.be.