j'ai soif: 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.
j'ai soif
Largest movements
- Tangible fixed assets +€96,586
up €96,586 (+115%), from €84,335 to €180,920
of which Plant, machinery and equipment: +€52,978
- Stocks and contracts +€24,450
new in 2025: €24,450
- Receivables within one year -€3,883
down €3,883 (-96.1%), from €4,042 to €159
of which Other amounts receivable: -€3,688
- Debts after one year +€116,403
up €116,403 (+1,137%), from €10,237 to €126,640
- Trade debts -€20,568
down €20,568 (-33.6%), from €61,290 to €40,722
- Current portion of long-term debt +€12,280
new in 2025: €12,280
- Short-term financial debts +€5,113
up €5,113 (+226%), from €2,263 to €7,376
- Profit (loss) carried forward +€3,819
up €3,819 (+22.6%), from -€16,911 to -€13,092
- Gross operating margin +€32,172
up €32,172, from -€13,464 to €18,707
- Depreciation +€6,662
up €6,662 (+247%), from €2,694 to €9,357
- Financial charges +€4,710
up €4,710 (+626%), from €753 to €5,463
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 | €90,500 | €206,982 | +€116,483 | +129% |
| Formation expenses | 20 | €490 | €0 | -€490 | -100% |
| Fixed assets | 21/28 | €84,335 | €180,920 | +€96,586 | +115% |
| Tangible fixed assets | 22/27 | €84,335 | €180,920 | +€96,586 | +115% |
| Land and buildings | 22 | €82,095 | €125,857 | +€43,763 | +53.3% |
| Plant, machinery and equipment | 23 | €1,563 | €54,540 | +€52,978 | +3,390% |
| Furniture and vehicles | 24 | €677 | €523 | -€154 | -22.8% |
| Current assets | 29/58 | €5,675 | €26,062 | +€20,387 | +359% |
| Stocks and contracts in progress | 3 | - | €24,450 | +€24,450 | |
| Stocks | 30/36 | - | €24,450 | +€24,450 | |
| Amounts receivable within one year | 40/41 | €4,042 | €159 | -€3,883 | -96.1% |
| Trade receivables | 40 | €221 | €25 | -€196 | -88.7% |
| Other amounts receivable | 41 | €3,821 | €134 | -€3,688 | -96.5% |
| Cash at bank and in hand | 54/58 | €136 | €1,076 | +€940 | +689% |
| Deferred charges and accrued income | 490/1 | €1,497 | €377 | -€1,120 | -74.8% |
| Total equity and liabilities | 10/49 | €90,500 | €206,982 | +€116,483 | +129% |
| Equity | 10/15 | -€13,911 | -€10,092 | +€3,819 | +27.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,911 | -€13,092 | +€3,819 | +22.6% |
| Amounts payable | 17/49 | €104,411 | €217,075 | +€112,664 | +108% |
| Amounts payable after more than one year | 17 | €10,237 | €126,640 | +€116,403 | +1,137% |
| Financial debts | 170/4 | €10,237 | €126,640 | +€116,403 | +1,137% |
| Amounts payable within one year | 42/48 | €93,423 | €88,834 | -€4,589 | -4.9% |
| Current portion of amounts payable after more than one year | 42 | - | €12,280 | +€12,280 | |
| Financial debts | 43 | €2,263 | €7,376 | +€5,113 | +226% |
| Other loans | 439 | €2,263 | €7,376 | +€5,113 | +226% |
| Trade debts | 44 | €61,290 | €40,722 | -€20,568 | -33.6% |
| Suppliers | 440/4 | €61,290 | €40,722 | -€20,568 | -33.6% |
| Advances received on contracts in progress | 46 | €267 | €0 | -€267 | -100% |
| Taxes, remuneration and social security | 45 | €1,222 | €2,335 | +€1,113 | +91.1% |
| Taxes | 450/3 | €223 | €2,335 | +€2,111 | +945% |
| Remuneration and social security | 454/9 | €999 | €0 | -€999 | -100% |
| Other amounts payable | 47/48 | €28,382 | €26,122 | -€2,259 | -8.0% |
| Accrued charges and deferred income | 492/3 | €750 | €1,600 | +€850 | +113% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,694 | €9,357 | +€6,662 | +247% |
| Other operating charges | 640/8 | - | €69 | +€69 | |
| Gross operating margin | 9900 | -€13,464 | €18,707 | +€32,172 | |
| Operating profit (loss) | 9901 | -€16,159 | €9,281 | +€25,440 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €753 | €5,463 | +€4,710 | +626% |
| Recurring financial charges | 65 | €753 | €5,463 | +€4,710 | +626% |
| Profit (loss) for the period before taxes | 9903 | -€16,911 | €3,819 | +€20,730 | |
| Profit (loss) for the period | 9904 | -€16,911 | €3,819 | +€20,730 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,911 | €3,819 | +€20,730 |
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 28 October 2026 via checked.be.