L'OBJET DU DESIR: 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'OBJET DU DESIR
Largest movements
- Receivables within one year +€1.2m
up €1.2m (+33.8%), from €3.6m to €4.8m
of which Other amounts receivable: +€1.2m
- Cash +€294,316
up €294,316 (+1,858,056%), from €16 to €294,332
mainly Other debts (+€800,616) and Tax, wage and social debts (+€307,728)
- Tangible fixed assets -€85,084
down €85,084 (-18.6%), from €458,484 to €373,400
of which Furniture and vehicles: -€85,238
- Other debts +€800,616
up €800,616 (+47.7%), from €1.7m to €2.5m
- Tax, wage and social debts +€307,728
up €307,728 (+8,666%), from €3,551 to €311,278
- Profit (loss) carried forward +€192,580
up €192,580 (+35.3%), from -€545,775 to -€353,195
- Accrued charges and deferred income +€87,429
up €87,429 (+23.5%), from €372,709 to €460,137
- Gross operating margin +€351,178
up €351,178, from -€33,534 to €317,643
- Financial charges -€37,875
down €37,875 (-28.9%), from €131,162 to €93,287
- Depreciation -€22,532
down €22,532 (-19.8%), from €113,555 to €91,023
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 | €4,132,245 | €5,509,577 | +€1.4m | +33.3% |
| Fixed assets | 21/28 | €458,484 | €373,400 | -€85,084 | -18.6% |
| Tangible fixed assets | 22/27 | €458,484 | €373,400 | -€85,084 | -18.6% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €259,151 | €173,913 | -€85,238 | -32.9% |
| Leasing and similar rights | 25 | €199,333 | €191,667 | -€7,667 | -3.8% |
| Other tangible fixed assets | 26 | - | €7,820 | +€7,820 | |
| Current assets | 29/58 | €3,673,761 | €5,136,177 | +€1.5m | +39.8% |
| Stocks and contracts in progress | 3 | €65,885 | €13,408 | -€52,477 | -79.6% |
| Stocks | 30/36 | €65,885 | €13,408 | -€52,477 | -79.6% |
| Amounts receivable within one year | 40/41 | €3,607,727 | €4,828,288 | +€1.2m | +33.8% |
| Trade receivables | 40 | €179,671 | €163,812 | -€15,860 | -8.8% |
| Other amounts receivable | 41 | €3,428,055 | €4,664,476 | +€1.2m | +36.1% |
| Cash at bank and in hand | 54/58 | €16 | €294,332 | +€294,316 | +1,858,056% |
| Deferred charges and accrued income | 490/1 | €133 | €149 | +€16 | +11.9% |
| Total equity and liabilities | 10/49 | €4,132,245 | €5,509,577 | +€1.4m | +33.3% |
| Equity | 10/15 | €1,955,532 | €2,148,113 | +€192,580 | +9.8% |
| Contributions | 10/11 | €2,500,000 | €2,500,000 | = | 0.0% |
| Reserves | 13 | €1,308 | €1,308 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,308 | €1,308 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,308 | €1,308 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€545,775 | -€353,195 | +€192,580 | +35.3% |
| Amounts payable | 17/49 | €2,176,713 | €3,361,464 | +€1.2m | +54.4% |
| Amounts payable within one year | 42/48 | €1,804,004 | €2,901,327 | +€1.1m | +60.8% |
| Trade debts | 44 | €121,910 | €110,890 | -€11,021 | -9.0% |
| Suppliers | 440/4 | €121,910 | €110,890 | -€11,021 | -9.0% |
| Taxes, remuneration and social security | 45 | €3,551 | €311,278 | +€307,728 | +8,666% |
| Taxes | 450/3 | €3,551 | €311,278 | +€307,728 | +8,666% |
| Other amounts payable | 47/48 | €1,678,543 | €2,479,159 | +€800,616 | +47.7% |
| Accrued charges and deferred income | 492/3 | €372,709 | €460,137 | +€87,429 | +23.5% |
| Non-recurring operating income | 76A | €24,535 | €211,048 | +€186,513 | +760% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €113,555 | €91,023 | -€22,532 | -19.8% |
| Other operating charges | 640/8 | €11,939 | €9,757 | -€2,181 | -18.3% |
| Non-recurring operating charges | 66A | €3,509 | €43,118 | +€39,609 | +1,129% |
| Gross operating margin | 9900 | -€33,534 | €317,643 | +€351,178 | |
| Operating profit (loss) | 9901 | -€162,537 | €173,744 | +€336,281 | |
| Financial income | 75/76B | €112,582 | €112,338 | -€244 | -0.2% |
| Recurring financial income | 75 | €112,582 | €112,338 | -€244 | -0.2% |
| Financial charges | 65/66B | €131,162 | €93,287 | -€37,875 | -28.9% |
| Recurring financial charges | 65 | €131,162 | €93,287 | -€37,875 | -28.9% |
| Profit (loss) for the period before taxes | 9903 | -€181,117 | €192,795 | +€373,912 | |
| Income taxes | 67/77 | €255 | €215 | -€41 | -15.9% |
| Profit (loss) for the period | 9904 | -€181,372 | €192,580 | +€373,953 | |
| Profit (loss) for the period to be appropriated | 9905 | -€181,372 | €192,580 | +€373,953 |
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 22 October 2026 via checked.be.