L'antidote: 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.
L'antidote
Largest movements
- Cash +€10,634
up €10,634 (+85.6%), from €12,417 to €23,051
mainly Net result for the year (+€47,570) and Other debts (+€17,397)
- Intangible fixed assets -€7,000
down €7,000 (-10.3%), from €68,240 to €61,240
- Financial fixed assets +€3,000
up €3,000 (+634%), from €473 to €3,473
- Deferred charges and accrued income -€1,743
down €1,743 (-90.9%), from €1,918 to €175
- Stocks and contracts +€1,700
up €1,700 (+213%), from €800 to €2,500
- Profit (loss) carried forward +€47,570
up €47,570 (+51.7%), from -€92,089 to -€44,518
- Current portion of long-term debt -€46,067
no longer reported in 2025 (was €46,067)
- Other debts +€17,397
up €17,397 (+19.1%), from €91,116 to €108,513
- Tax, wage and social debts -€10,505
down €10,505 (-54.2%), from €19,392 to €8,887
of which Taxes: -€6,065
- Accrued charges and deferred income -€1,360
no longer reported in 2025 (was €1,360)
- Staff costs -€16,217
down €16,217 (-19.5%), from €82,967 to €66,750
- Gross operating margin +€8,965
up €8,965 (+7.7%), from €115,743 to €124,708
- Depreciation +€5,811
up €5,811 (+276%), from €2,105 to €7,916
- Other operating charges -€1,268
down €1,268 (-50.6%), from €2,503 to €1,235
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 | €89,911 | €96,793 | +€6,881 | +7.7% |
| Fixed assets | 21/28 | €71,338 | €67,578 | -€3,760 | -5.3% |
| Intangible fixed assets | 21 | €68,240 | €61,240 | -€7,000 | -10.3% |
| Tangible fixed assets | 22/27 | €2,624 | €2,864 | +€240 | +9.2% |
| Land and buildings | 22 | €1,544 | €836 | -€707 | -45.8% |
| Plant, machinery and equipment | 23 | €1,081 | €910 | -€171 | -15.8% |
| Furniture and vehicles | 24 | - | €1,118 | +€1,118 | |
| Financial fixed assets | 28 | €473 | €3,473 | +€3,000 | +634% |
| Current assets | 29/58 | €18,573 | €29,214 | +€10,641 | +57.3% |
| Stocks and contracts in progress | 3 | €800 | €2,500 | +€1,700 | +213% |
| Stocks | 30/36 | €800 | €2,500 | +€1,700 | +213% |
| Amounts receivable within one year | 40/41 | €3,438 | €3,488 | +€51 | +1.5% |
| Trade receivables | 40 | €3,210 | €3,056 | -€154 | -4.8% |
| Other amounts receivable | 41 | €227 | €432 | +€205 | +90.1% |
| Cash at bank and in hand | 54/58 | €12,417 | €23,051 | +€10,634 | +85.6% |
| Deferred charges and accrued income | 490/1 | €1,918 | €175 | -€1,743 | -90.9% |
| Total equity and liabilities | 10/49 | €89,911 | €96,793 | +€6,881 | +7.7% |
| Equity | 10/15 | -€71,662 | -€24,091 | +€47,570 | +66.4% |
| Contributions | 10/11 | €18,570 | €18,570 | = | 0.0% |
| Reserves | 13 | €1,857 | €1,857 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,857 | €1,857 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,857 | €1,857 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€92,089 | -€44,518 | +€47,570 | +51.7% |
| Amounts payable | 17/49 | €161,573 | €120,884 | -€40,689 | -25.2% |
| Amounts payable within one year | 42/48 | €160,213 | €120,884 | -€39,329 | -24.5% |
| Current portion of amounts payable after more than one year | 42 | €46,067 | - | -€46,067 | |
| Trade debts | 44 | €3,637 | €3,484 | -€153 | -4.2% |
| Suppliers | 440/4 | €3,637 | €3,484 | -€153 | -4.2% |
| Taxes, remuneration and social security | 45 | €19,392 | €8,887 | -€10,505 | -54.2% |
| Taxes | 450/3 | €8,047 | €1,982 | -€6,065 | -75.4% |
| Remuneration and social security | 454/9 | €11,346 | €6,906 | -€4,440 | -39.1% |
| Other amounts payable | 47/48 | €91,116 | €108,513 | +€17,397 | +19.1% |
| Accrued charges and deferred income | 492/3 | €1,360 | - | -€1,360 | |
| Remuneration, social security and pensions | 62 | €82,967 | €66,750 | -€16,217 | -19.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,105 | €7,916 | +€5,811 | +276% |
| Other operating charges | 640/8 | €2,503 | €1,235 | -€1,268 | -50.6% |
| Gross operating margin | 9900 | €115,743 | €124,708 | +€8,965 | +7.7% |
| Operating profit (loss) | 9901 | €28,168 | €48,806 | +€20,638 | +73.3% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,229 | €1,237 | +€8 | +0.7% |
| Recurring financial charges | 65 | €1,229 | €1,237 | +€8 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | €26,939 | €47,570 | +€20,631 | +76.6% |
| Profit (loss) for the period | 9904 | €26,939 | €47,570 | +€20,631 | +76.6% |
| Profit (loss) for the period to be appropriated | 9905 | €26,939 | €47,570 | +€20,631 | +76.6% |
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 20 October 2026 via checked.be.