JUST FOR FUN: 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.
JUST FOR FUN
Largest movements
- Cash -€69,113
down €69,113 (-16.9%), from €408,640 to €339,527
mainly Net result for the year (-€24,061) and Other debts (-€22,656)
- Tangible fixed assets -€15,376
down €15,376 (-6.4%), from €239,114 to €223,738
of which Land and buildings: -€15,376
- Receivables within one year -€8,419
down €8,419 (-59.8%), from €14,081 to €5,661
- Reserves -€28,167
down €28,167 (-8.8%), from €321,521 to €293,353
of which Distributable reserves: -€21,005
- Other debts -€22,656
down €22,656 (-45.6%), from €49,719 to €27,063
- Tax, wage and social debts -€22,327
down €22,327 (-57.8%), from €38,646 to €16,319
of which Taxes: -€22,327
- Profit (loss) carried forward -€16,899
down €16,899 (-5.6%), from €300,000 to €283,101
- Gross operating margin -€63,072
down €63,072, from €53,456 to -€9,617
- Taxes -€16,324
down €16,324 (-99.8%), from €16,351 to €27
- Financial income -€1,930
down €1,930 (-76.7%), from €2,515 to €585
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 | €789,491 | €694,987 | -€94,504 | -12.0% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €363,525 | €348,150 | -€15,376 | -4.2% |
| Tangible fixed assets | 22/27 | €239,114 | €223,738 | -€15,376 | -6.4% |
| Land and buildings | 22 | €239,114 | €223,738 | -€15,376 | -6.4% |
| Furniture and vehicles | 24 | - | €0 | = | |
| Financial fixed assets | 28 | €124,411 | €124,411 | = | 0.0% |
| Current assets | 29/58 | €425,966 | €346,837 | -€79,129 | -18.6% |
| Amounts receivable within one year | 40/41 | €14,081 | €5,661 | -€8,419 | -59.8% |
| Other amounts receivable | 41 | €14,081 | €5,661 | -€8,419 | -59.8% |
| Cash at bank and in hand | 54/58 | €408,640 | €339,527 | -€69,113 | -16.9% |
| Deferred charges and accrued income | 490/1 | €3,245 | €1,649 | -€1,596 | -49.2% |
| Total equity and liabilities | 10/49 | €789,491 | €694,987 | -€94,504 | -12.0% |
| Equity | 10/15 | €640,113 | €595,047 | -€45,066 | -7.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €321,521 | €293,353 | -€28,167 | -8.8% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €109,814 | €102,652 | -€7,162 | -6.5% |
| Distributable reserves | 133 | €209,848 | €188,842 | -€21,005 | -10.0% |
| Profit (loss) carried forward | 14 | €300,000 | €283,101 | -€16,899 | -5.6% |
| Provisions and deferred taxes | 16 | €56,546 | €52,858 | -€3,688 | -6.5% |
| Deferred taxes | 168 | €56,546 | €52,858 | -€3,688 | -6.5% |
| Amounts payable | 17/49 | €92,833 | €47,082 | -€45,751 | -49.3% |
| Amounts payable within one year | 42/48 | €92,833 | €47,082 | -€45,751 | -49.3% |
| Trade debts | 44 | €4,468 | €3,701 | -€767 | -17.2% |
| Suppliers | 440/4 | €4,468 | €3,701 | -€767 | -17.2% |
| Taxes, remuneration and social security | 45 | €38,646 | €16,319 | -€22,327 | -57.8% |
| Taxes | 450/3 | €38,646 | €16,319 | -€22,327 | -57.8% |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Other amounts payable | 47/48 | €49,719 | €27,063 | -€22,656 | -45.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,376 | €15,376 | = | 0.0% |
| Other operating charges | 640/8 | €2,904 | €2,929 | +€26 | +0.9% |
| Gross operating margin | 9900 | €53,456 | -€9,617 | -€63,072 | |
| Operating profit (loss) | 9901 | €35,176 | -€27,922 | -€63,098 | |
| Financial income | 75/76B | €2,515 | €585 | -€1,930 | -76.7% |
| Recurring financial income | 75 | €2,515 | €585 | -€1,930 | -76.7% |
| Financial charges | 65/66B | €249 | €385 | +€136 | +54.7% |
| Recurring financial charges | 65 | €249 | €385 | +€136 | +54.7% |
| Profit (loss) for the period before taxes | 9903 | €37,442 | -€27,721 | -€65,164 | |
| Transfer from deferred taxes | 780 | €3,688 | €3,688 | = | 0.0% |
| Income taxes | 67/77 | €16,351 | €27 | -€16,324 | -99.8% |
| Profit (loss) for the period | 9904 | €24,779 | -€24,061 | -€48,840 | |
| Transfer from tax-exempt reserves | 789 | €7,162 | €7,162 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €31,941 | -€16,899 | -€48,840 |
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 17 October 2026 via checked.be.