La 90's: 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.
La 90's
Largest movements
- Deferred charges and accrued income -€6,018
down €6,018 (-95.3%), from €6,317 to €298
- Receivables within one year +€3,308
new in 2025: €3,308
of which Trade receivables: +€3,224
- Tangible fixed assets -€1,189
down €1,189 (-15.0%), from €7,917 to €6,728
of which Furniture and vehicles: -€796
- Cash -€630
down €630 (-70.0%), from €900 to €270
mainly Net result for the year (-€25,000) and Accrued charges and deferred income (-€6,000)
- Formation expenses -€244
no longer reported in 2025 (was €244)
- Profit (loss) carried forward -€25,000
down €25,000 (-133%), from -€18,761 to -€43,761
- Other debts +€22,950
up €22,950 (+249%), from €9,210 to €32,160
- Trade debts +€6,390
up €6,390 (+76.8%), from €8,316 to €14,706
- Accrued charges and deferred income -€6,000
no longer reported in 2025 (was €6,000)
- Tax, wage and social debts -€3,113
no longer reported in 2025 (was €3,113)
- Gross operating margin -€584
down €584 (-89.8%), from €650 to €66
- Depreciation +€530
up €530 (+28.9%), from €1,832 to €2,363
- Financial charges -€348
down €348 (-71.3%), from €488 to €140
- Financial income +€14
up €14 (+259%), from €5 to €19
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 | €15,378 | €10,605 | -€4,773 | -31.0% |
| Formation expenses | 20 | €244 | - | -€244 | |
| Fixed assets | 21/28 | €7,917 | €6,728 | -€1,189 | -15.0% |
| Tangible fixed assets | 22/27 | €7,917 | €6,728 | -€1,189 | -15.0% |
| Plant, machinery and equipment | 23 | €5,184 | €4,791 | -€393 | -7.6% |
| Furniture and vehicles | 24 | €2,733 | €1,937 | -€796 | -29.1% |
| Current assets | 29/58 | €7,217 | €3,877 | -€3,340 | -46.3% |
| Amounts receivable within one year | 40/41 | - | €3,308 | +€3,308 | |
| Trade receivables | 40 | - | €3,224 | +€3,224 | |
| Other amounts receivable | 41 | - | €85 | +€85 | |
| Cash at bank and in hand | 54/58 | €900 | €270 | -€630 | -70.0% |
| Deferred charges and accrued income | 490/1 | €6,317 | €298 | -€6,018 | -95.3% |
| Total equity and liabilities | 10/49 | €15,378 | €10,605 | -€4,773 | -31.0% |
| Equity | 10/15 | -€11,261 | -€36,261 | -€25,000 | -222% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,761 | -€43,761 | -€25,000 | -133% |
| Amounts payable | 17/49 | €26,639 | €46,866 | +€20,228 | +75.9% |
| Amounts payable within one year | 42/48 | €20,639 | €46,866 | +€26,228 | +127% |
| Trade debts | 44 | €8,316 | €14,706 | +€6,390 | +76.8% |
| Suppliers | 440/4 | €8,316 | €14,706 | +€6,390 | +76.8% |
| Taxes, remuneration and social security | 45 | €3,113 | - | -€3,113 | |
| Taxes | 450/3 | €3,113 | - | -€3,113 | |
| Other amounts payable | 47/48 | €9,210 | €32,160 | +€22,950 | +249% |
| Accrued charges and deferred income | 492/3 | €6,000 | - | -€6,000 | |
| Non-recurring operating income | 76A | - | €1,770 | +€1,770 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,832 | €2,363 | +€530 | +28.9% |
| Non-recurring operating charges | 66A | - | €22,582 | +€22,582 | |
| Gross operating margin | 9900 | €650 | €66 | -€584 | -89.8% |
| Operating profit (loss) | 9901 | -€1,182 | -€24,879 | -€23,697 | -2,005% |
| Financial income | 75/76B | €5 | €19 | +€14 | +259% |
| Recurring financial income | 75 | €5 | €19 | +€14 | +259% |
| Financial charges | 65/66B | €488 | €140 | -€348 | -71.3% |
| Recurring financial charges | 65 | €488 | €140 | -€348 | -71.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,665 | -€25,000 | -€23,335 | -1,402% |
| Profit (loss) for the period | 9904 | -€1,665 | -€25,000 | -€23,335 | -1,402% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,665 | -€25,000 | -€23,335 | -1,402% |
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 30 October 2026 via checked.be.