KILL THE REPTILE: what changed
KILL THE REPTILE
Largest movements
- Cash -€13,760
down €13,760 (-18.8%), from €73,109 to €59,349
mainly Other debts (-€22,439) and Receivables within one year (-€1,938)
- Receivables within one year +€1,938
up €1,938 (+501%), from €387 to €2,325
- Tangible fixed assets -€1,166
down €1,166 (-45.4%), from €2,571 to €1,405
of which Furniture and vehicles: -€870
- Other debts -€22,439
down €22,439 (-20.8%), from €108,015 to €85,576
- Profit (loss) carried forward +€9,981
up €9,981 (+18.5%), from -€53,960 to -€43,978
- Tax, wage and social debts -€1,795
down €1,795 (-20.6%), from €8,719 to €6,924
- Trade debts +€1,052
up €1,052 (+39.8%), from €2,645 to €3,697
- Financial charges -€27,096
down €27,096 (-48.8%), from €55,473 to €28,378
- Depreciation -€6,012
down €6,012 (-83.8%), from €7,178 to €1,166
- Gross operating margin -€3,488
down €3,488 (-7.6%), from €46,014 to €42,525
- Taxes +€2,427
up €2,427 (+691%), from €351 to €2,778
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €77,479 | €64,279 | -€13,200 | -17.0% |
| Fixed assets | 21/28 | €2,571 | €1,405 | -€1,166 | -45.4% |
| Tangible fixed assets | 22/27 | €2,571 | €1,405 | -€1,166 | -45.4% |
| Furniture and vehicles | 24 | €2,003 | €1,133 | -€870 | -43.4% |
| Other tangible fixed assets | 26 | €568 | €272 | -€296 | -52.2% |
| Current assets | 29/58 | €74,908 | €62,874 | -€12,034 | -16.1% |
| Amounts receivable within one year | 40/41 | €387 | €2,325 | +€1,938 | +501% |
| Other amounts receivable | 41 | €387 | €2,325 | +€1,938 | +501% |
| Cash at bank and in hand | 54/58 | €73,109 | €59,349 | -€13,760 | -18.8% |
| Deferred charges and accrued income | 490/1 | €1,412 | €1,200 | -€212 | -15.0% |
| Total equity and liabilities | 10/49 | €77,479 | €64,279 | -€13,200 | -17.0% |
| Equity | 10/15 | -€41,900 | -€31,918 | +€9,981 | +23.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €5,860 | €5,860 | = | 0.0% |
| Distributable reserves | 133 | €5,860 | €5,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,960 | -€43,978 | +€9,981 | +18.5% |
| Amounts payable | 17/49 | €119,378 | €96,197 | -€23,182 | -19.4% |
| Amounts payable within one year | 42/48 | €119,378 | €96,197 | -€23,182 | -19.4% |
| Trade debts | 44 | €2,645 | €3,697 | +€1,052 | +39.8% |
| Suppliers | 440/4 | €2,645 | €3,697 | +€1,052 | +39.8% |
| Taxes, remuneration and social security | 45 | €8,719 | €6,924 | -€1,795 | -20.6% |
| Taxes | 450/3 | €8,719 | €6,924 | -€1,795 | -20.6% |
| Other amounts payable | 47/48 | €108,015 | €85,576 | -€22,439 | -20.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,178 | €1,166 | -€6,012 | -83.8% |
| Other operating charges | 640/8 | €747 | €767 | +€20 | +2.6% |
| Gross operating margin | 9900 | €46,014 | €42,525 | -€3,488 | -7.6% |
| Operating profit (loss) | 9901 | €38,088 | €40,592 | +€2,504 | +6.6% |
| Financial income | 75/76B | €663 | €545 | -€118 | -17.8% |
| Recurring financial income | 75 | €663 | €545 | -€118 | -17.8% |
| Financial charges | 65/66B | €55,473 | €28,378 | -€27,096 | -48.8% |
| Recurring financial charges | 65 | €55,473 | €28,378 | -€27,096 | -48.8% |
| Profit (loss) for the period before taxes | 9903 | -€16,723 | €12,759 | +€29,482 | |
| Income taxes | 67/77 | €351 | €2,778 | +€2,427 | +691% |
| Profit (loss) for the period | 9904 | -€17,074 | €9,981 | +€27,055 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,074 | €9,981 | +€27,055 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.