KA 4: what changed
Two fiscal 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.
KA 4
Largest movements
- Receivables within one year -€2.4m
down €2.4m (-97.5%), from €2.5m to €60,999
- Contributions -€2.4m
down €2.4m (-96.8%), from €2.5m to €80,000
- Gross operating margin +€1,470
up €1,470, from -€1,470 to €0
- Other operating charges +€23
up €23 (+2.1%), from €1,086 to €1,108
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.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,765,988 | €5,364,869 | -€2.4m | -30.9% |
| Fixed assets | 21/28 | €5,303,870 | €5,303,870 | = | 0.0% |
| Financial fixed assets | 28 | €5,303,870 | €5,303,870 | = | 0.0% |
| Current assets | 29/58 | €2,462,118 | €60,999 | -€2.4m | -97.5% |
| Amounts receivable within one year | 40/41 | €2,462,118 | €60,999 | -€2.4m | -97.5% |
| Other amounts receivable | 41 | €2,462,118 | €60,999 | -€2.4m | -97.5% |
| Total equity and liabilities | 10/49 | €7,765,988 | €5,364,869 | -€2.4m | -30.9% |
| Equity | 10/15 | €340,091 | -€2,061,028 | -€2.4m | |
| Contributions | 10/11 | €2,480,000 | €80,000 | -€2.4m | -96.8% |
| Capital | 10 | €2,480,000 | €80,000 | -€2.4m | -96.8% |
| Issued capital | 100 | €2,480,000 | €80,000 | -€2.4m | -96.8% |
| Profit (loss) carried forward | 14 | -€2,139,909 | -€2,141,028 | -€1,118 | -0.1% |
| Amounts payable | 17/49 | €7,425,897 | €7,425,897 | = | 0.0% |
| Amounts payable within one year | 42/48 | €7,425,897 | €7,425,897 | = | 0.0% |
| Other amounts payable | 47/48 | €7,425,897 | €7,425,897 | = | 0.0% |
| Other operating charges | 640/8 | €1,086 | €1,108 | +€23 | +2.1% |
| Gross operating margin | 9900 | -€1,470 | €0 | +€1,470 | |
| Operating profit (loss) | 9901 | -€2,556 | -€1,108 | +€1,447 | +56.6% |
| Financial charges | 65/66B | - | €10 | +€10 | |
| Recurring financial charges | 65 | - | €10 | +€10 | |
| Profit (loss) for the period before taxes | 9903 | -€2,556 | -€1,118 | +€1,437 | +56.2% |
| Profit (loss) for the period | 9904 | -€2,556 | -€1,118 | +€1,437 | +56.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,556 | -€1,118 | +€1,437 | +56.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.