LAENEN IT: 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.
LAENEN IT
Largest movements
- Cash -€17,960
down €17,960 (-46.3%), from €38,750 to €20,791
mainly Net result for the year (-€22,102) and Receivables within one year (-€4,903)
- Tangible fixed assets -€9,855
down €9,855 (-94.9%), from €10,381 to €527
of which Furniture and vehicles: -€8,815
- Receivables within one year +€4,903
up €4,903 (+21.5%), from €22,832 to €27,735
of which Other amounts receivable: +€4,032
- Deferred charges and accrued income +€1,640
up €1,640 (+962%), from €170 to €1,810
- Reserves -€22,102
down €22,102 (-34.0%), from €65,087 to €42,985
of which Distributable reserves: -€22,102
- Trade debts +€841
up €841 (+101%), from €837 to €1,678
- Gross operating margin -€16,037
down €16,037 (-493%), from -€3,253 to -€19,291
- Depreciation -€2,833
down €2,833 (-96.6%), from €2,933 to €100
- Financial charges +€1,046
up €1,046 (+324%), from €323 to €1,368
- Other operating charges +€406
up €406 (+39.8%), from €1,020 to €1,427
- Taxes -€277
down €277 (-100%), from €277 to €0
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 | €72,134 | €50,863 | -€21,271 | -29.5% |
| Fixed assets | 21/28 | €10,381 | €527 | -€9,855 | -94.9% |
| Tangible fixed assets | 22/27 | €10,381 | €527 | -€9,855 | -94.9% |
| Plant, machinery and equipment | 23 | €1,567 | €527 | -€1,040 | -66.4% |
| Furniture and vehicles | 24 | €8,815 | €0 | -€8,815 | -100% |
| Current assets | 29/58 | €61,753 | €50,336 | -€11,416 | -18.5% |
| Amounts receivable within one year | 40/41 | €22,832 | €27,735 | +€4,903 | +21.5% |
| Trade receivables | 40 | €0 | €871 | +€871 | |
| Other amounts receivable | 41 | €22,832 | €26,864 | +€4,032 | +17.7% |
| Cash at bank and in hand | 54/58 | €38,750 | €20,791 | -€17,960 | -46.3% |
| Deferred charges and accrued income | 490/1 | €170 | €1,810 | +€1,640 | +962% |
| Total equity and liabilities | 10/49 | €72,134 | €50,863 | -€21,271 | -29.5% |
| Equity | 10/15 | €71,287 | €49,185 | -€22,102 | -31.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €65,087 | €42,985 | -€22,102 | -34.0% |
| Tax-exempt reserves | 132 | €6,011 | €6,011 | = | 0.0% |
| Distributable reserves | 133 | €59,076 | €36,974 | -€22,102 | -37.4% |
| Amounts payable | 17/49 | €847 | €1,678 | +€831 | +98.1% |
| Amounts payable within one year | 42/48 | €847 | €1,678 | +€831 | +98.1% |
| Financial debts | 43 | €10 | €0 | -€10 | -100% |
| Credit institutions | 430/8 | €10 | €0 | -€10 | -100% |
| Trade debts | 44 | €837 | €1,678 | +€841 | +101% |
| Suppliers | 440/4 | €837 | €1,678 | +€841 | +101% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €8,245 | +€8,245 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,933 | €100 | -€2,833 | -96.6% |
| Other operating charges | 640/8 | €1,020 | €1,427 | +€406 | +39.8% |
| Gross operating margin | 9900 | -€3,253 | -€19,291 | -€16,037 | -493% |
| Operating profit (loss) | 9901 | -€7,207 | -€20,818 | -€13,611 | -189% |
| Financial income | 75/76B | €206 | €84 | -€122 | -59.4% |
| Recurring financial income | 75 | €206 | €84 | -€122 | -59.4% |
| Financial charges | 65/66B | €323 | €1,368 | +€1,046 | +324% |
| Recurring financial charges | 65 | €323 | €1,368 | +€1,046 | +324% |
| Profit (loss) for the period before taxes | 9903 | -€7,324 | -€22,102 | -€14,778 | -202% |
| Income taxes | 67/77 | €277 | €0 | -€277 | -100% |
| Profit (loss) for the period | 9904 | -€7,601 | -€22,102 | -€14,502 | -191% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,601 | -€22,102 | -€14,502 | -191% |
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.