Kill the Dinosaur: 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.
Kill the Dinosaur
Largest movements
- Receivables after one year -€19,998
down €19,998 (-66.7%), from €29,998 to €10,000
- Receivables within one year +€1,788
up €1,788 (+20.6%), from €8,689 to €10,477
of which Other amounts receivable: +€2,696
- Tangible fixed assets +€1,678
up €1,678 (+71.6%), from €2,343 to €4,021
of which Furniture and vehicles: +€3,182
- Profit (loss) carried forward -€14,479
down €14,479, from €416 to -€14,062
- Debts after one year -€6,024
down €6,024 (-28.5%), from €21,124 to €15,100
- Tax, wage and social debts +€2,969
up €2,969 (+8,595%), from €35 to €3,003
- Trade debts -€2,933
down €2,933 (-84.0%), from €3,494 to €561
- Current portion of long-term debt +€2,149
up €2,149 (+55.4%), from €3,876 to €6,024
- Gross operating margin -€13,619
down €13,619, from €3,897 to -€9,722
- Depreciation +€1,525
up €1,525 (+106%), from €1,445 to €2,970
- Other operating charges -€936
down €936 (-88.6%), from €1,056 to €120
- Financial charges +€656
up €656 (+64.7%), from €1,013 to €1,669
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 | €85,205 | €68,229 | -€16,976 | -19.9% |
| Fixed assets | 21/28 | €2,868 | €4,546 | +€1,678 | +58.5% |
| Tangible fixed assets | 22/27 | €2,343 | €4,021 | +€1,678 | +71.6% |
| Plant, machinery and equipment | 23 | €2,343 | €839 | -€1,504 | -64.2% |
| Furniture and vehicles | 24 | - | €3,182 | +€3,182 | |
| Financial fixed assets | 28 | €525 | €525 | = | 0.0% |
| Current assets | 29/58 | €82,337 | €63,683 | -€18,654 | -22.7% |
| Amounts receivable after more than one year | 29 | €29,998 | €10,000 | -€19,998 | -66.7% |
| Other amounts receivable | 291 | €29,998 | €10,000 | -€19,998 | -66.7% |
| Stocks and contracts in progress | 3 | €5,008 | €4,918 | -€91 | -1.8% |
| Stocks | 30/36 | €5,008 | €4,918 | -€91 | -1.8% |
| Amounts receivable within one year | 40/41 | €8,689 | €10,477 | +€1,788 | +20.6% |
| Trade receivables | 40 | €7,901 | €6,994 | -€908 | -11.5% |
| Other amounts receivable | 41 | €788 | €3,483 | +€2,696 | +342% |
| Cash at bank and in hand | 54/58 | €37,931 | €37,884 | -€47 | -0.1% |
| Deferred charges and accrued income | 490/1 | €711 | €404 | -€307 | -43.2% |
| Total equity and liabilities | 10/49 | €85,205 | €68,229 | -€16,976 | -19.9% |
| Equity | 10/15 | €51,004 | €36,525 | -€14,479 | -28.4% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €30,128 | €30,128 | = | 0.0% |
| Distributable reserves | 133 | €30,128 | €30,128 | = | 0.0% |
| Profit (loss) carried forward | 14 | €416 | -€14,062 | -€14,479 | |
| Amounts payable | 17/49 | €34,200 | €31,703 | -€2,497 | -7.3% |
| Amounts payable after more than one year | 17 | €21,124 | €15,100 | -€6,024 | -28.5% |
| Financial debts | 170/4 | €21,124 | €15,100 | -€6,024 | -28.5% |
| Amounts payable within one year | 42/48 | €13,076 | €15,920 | +€2,844 | +21.7% |
| Current portion of amounts payable after more than one year | 42 | €3,876 | €6,024 | +€2,149 | +55.4% |
| Trade debts | 44 | €3,494 | €561 | -€2,933 | -84.0% |
| Suppliers | 440/4 | €3,494 | €561 | -€2,933 | -84.0% |
| Taxes, remuneration and social security | 45 | €35 | €3,003 | +€2,969 | +8,595% |
| Taxes | 450/3 | €35 | €3,003 | +€2,969 | +8,595% |
| Other amounts payable | 47/48 | €5,672 | €6,331 | +€659 | +11.6% |
| Accrued charges and deferred income | 492/3 | - | €684 | +€684 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,445 | €2,970 | +€1,525 | +106% |
| Other operating charges | 640/8 | €1,056 | €120 | -€936 | -88.6% |
| Gross operating margin | 9900 | €3,897 | -€9,722 | -€13,619 | |
| Operating profit (loss) | 9901 | €1,396 | -€12,812 | -€14,209 | |
| Financial income | 75/76B | €33 | €2 | -€31 | -93.9% |
| Recurring financial income | 75 | €33 | €2 | -€31 | -93.9% |
| Financial charges | 65/66B | €1,013 | €1,669 | +€656 | +64.7% |
| Recurring financial charges | 65 | €1,013 | €1,669 | +€656 | +64.7% |
| Profit (loss) for the period before taxes | 9903 | €416 | -€14,479 | -€14,895 | |
| Profit (loss) for the period | 9904 | €416 | -€14,479 | -€14,895 | |
| Profit (loss) for the period to be appropriated | 9905 | €416 | -€14,479 | -€14,895 |
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 19 October 2026 via checked.be.