JUST THAT: 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 THAT
Largest movements
- Intangible fixed assets -€13,455
down €13,455 (-34.0%), from €39,595 to €26,140
- Cash -€7,557
down €7,557 (-98.9%), from €7,641 to €84
mainly Net result for the year (-€22,868) and Receivables within one year (-€7,371)
- Receivables within one year +€7,371
up €7,371 (+40.3%), from €18,291 to €25,662
of which Trade receivables: +€7,965
- Tangible fixed assets -€3,415
down €3,415 (-100%), from €3,415 to €0
- Profit (loss) carried forward -€22,868
down €22,868, from €2,770 to -€20,098
- Other debts +€5,230
up €5,230 (+14.7%), from €35,566 to €40,796
- Tax, wage and social debts -€1,535
down €1,535 (-22.1%), from €6,929 to €5,394
of which Taxes: -€3,435
- Accrued charges and deferred income +€942
up €942 (+65.0%), from €1,450 to €2,392
- Trade debts +€883
up €883 (+5.6%), from €15,645 to €16,528
- Gross operating margin -€19,466
down €19,466, from €16,610 to -€2,856
- Write-downs +€679
new in 2025: €679
- Financial charges -€236
down €236 (-13.5%), from €1,742 to €1,507
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 | €72,360 | €55,012 | -€17,348 | -24.0% |
| Fixed assets | 21/28 | €43,410 | €26,540 | -€16,870 | -38.9% |
| Intangible fixed assets | 21 | €39,595 | €26,140 | -€13,455 | -34.0% |
| Tangible fixed assets | 22/27 | €3,415 | €0 | -€3,415 | -100% |
| Furniture and vehicles | 24 | €3,415 | €0 | -€3,415 | -100% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €28,951 | €28,472 | -€479 | -1.7% |
| Amounts receivable within one year | 40/41 | €18,291 | €25,662 | +€7,371 | +40.3% |
| Trade receivables | 40 | €16,717 | €24,682 | +€7,965 | +47.6% |
| Other amounts receivable | 41 | €1,574 | €981 | -€593 | -37.7% |
| Cash at bank and in hand | 54/58 | €7,641 | €84 | -€7,557 | -98.9% |
| Deferred charges and accrued income | 490/1 | €3,018 | €2,726 | -€293 | -9.7% |
| Total equity and liabilities | 10/49 | €72,360 | €55,012 | -€17,348 | -24.0% |
| Equity | 10/15 | €12,770 | -€10,098 | -€22,868 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,770 | -€20,098 | -€22,868 | |
| Amounts payable | 17/49 | €59,590 | €65,110 | +€5,520 | +9.3% |
| Amounts payable within one year | 42/48 | €58,141 | €62,718 | +€4,578 | +7.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €15,645 | €16,528 | +€883 | +5.6% |
| Suppliers | 440/4 | €15,645 | €16,528 | +€883 | +5.6% |
| Taxes, remuneration and social security | 45 | €6,929 | €5,394 | -€1,535 | -22.1% |
| Taxes | 450/3 | €6,929 | €3,494 | -€3,435 | -49.6% |
| Remuneration and social security | 454/9 | - | €1,900 | +€1,900 | |
| Other amounts payable | 47/48 | €35,566 | €40,796 | +€5,230 | +14.7% |
| Accrued charges and deferred income | 492/3 | €1,450 | €2,392 | +€942 | +65.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,009 | €16,870 | -€139 | -0.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €679 | +€679 | |
| Other operating charges | 640/8 | €850 | €805 | -€45 | -5.3% |
| Gross operating margin | 9900 | €16,610 | -€2,856 | -€19,466 | |
| Operating profit (loss) | 9901 | -€1,249 | -€21,209 | -€19,960 | -1,598% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €1,742 | €1,507 | -€236 | -13.5% |
| Recurring financial charges | 65 | €1,742 | €1,507 | -€236 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,991 | -€22,716 | -€19,724 | -659% |
| Income taxes | 67/77 | €100 | €152 | +€53 | +52.8% |
| Profit (loss) for the period | 9904 | -€3,091 | -€22,868 | -€19,777 | -640% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,091 | -€22,868 | -€19,777 | -640% |
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 16 October 2026 via checked.be.