LATERAL: 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.
LATERAL
Largest movements
- Cash -€36,779
down €36,779 (-31.8%), from €115,495 to €78,717
mainly Other debts (-€29,634) and Receivables within one year (-€9,511)
- Receivables within one year +€9,511
up €9,511 (+53.5%), from €17,779 to €27,290
of which Trade receivables: +€9,500
- Tangible fixed assets -€7,750
down €7,750 (-56.6%), from €13,697 to €5,947
- Other debts -€29,634
down €29,634 (-61.6%), from €48,128 to €18,494
- Profit (loss) carried forward -€6,057
down €6,057 (-18.8%), from €32,179 to €26,122
- Trade debts +€4,755
up €4,755 (+58.5%), from €8,127 to €12,882
- Tax, wage and social debts -€4,598
down €4,598 (-29.7%), from €15,487 to €10,889
of which Taxes: -€5,748
- Gross operating margin -€5,451
down €5,451 (-65.4%), from €8,334 to €2,883
- Taxes -€915
down €915 (-86.6%), from €1,055 to €141
- Depreciation +€623
up €623 (+8.7%), from €7,127 to €7,750
- Financial income -€100
down €100 (-99.0%), from €101 to €1
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 | €157,677 | €122,144 | -€35,533 | -22.5% |
| Fixed assets | 21/28 | €22,447 | €14,697 | -€7,750 | -34.5% |
| Tangible fixed assets | 22/27 | €13,697 | €5,947 | -€7,750 | -56.6% |
| Furniture and vehicles | 24 | €13,697 | €5,947 | -€7,750 | -56.6% |
| Financial fixed assets | 28 | €8,750 | €8,750 | = | 0.0% |
| Current assets | 29/58 | €135,230 | €107,447 | -€27,783 | -20.5% |
| Amounts receivable within one year | 40/41 | €17,779 | €27,290 | +€9,511 | +53.5% |
| Trade receivables | 40 | €17,776 | €27,276 | +€9,500 | +53.4% |
| Other amounts receivable | 41 | €3 | €14 | +€11 | +342% |
| Cash at bank and in hand | 54/58 | €115,495 | €78,717 | -€36,779 | -31.8% |
| Deferred charges and accrued income | 490/1 | €1,956 | €1,440 | -€515 | -26.4% |
| Total equity and liabilities | 10/49 | €157,677 | €122,144 | -€35,533 | -22.5% |
| Equity | 10/15 | €85,934 | €79,878 | -€6,057 | -7.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €35,155 | €35,155 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €33,295 | €33,295 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,179 | €26,122 | -€6,057 | -18.8% |
| Amounts payable | 17/49 | €71,742 | €42,266 | -€29,476 | -41.1% |
| Amounts payable within one year | 42/48 | €71,742 | €42,266 | -€29,476 | -41.1% |
| Trade debts | 44 | €8,127 | €12,882 | +€4,755 | +58.5% |
| Suppliers | 440/4 | €8,127 | €12,882 | +€4,755 | +58.5% |
| Taxes, remuneration and social security | 45 | €15,487 | €10,889 | -€4,598 | -29.7% |
| Taxes | 450/3 | €15,237 | €9,489 | -€5,748 | -37.7% |
| Remuneration and social security | 454/9 | €250 | €1,400 | +€1,150 | +460% |
| Other amounts payable | 47/48 | €48,128 | €18,494 | -€29,634 | -61.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,127 | €7,750 | +€623 | +8.7% |
| Other operating charges | 640/8 | €727 | €781 | +€54 | +7.4% |
| Gross operating margin | 9900 | €8,334 | €2,883 | -€5,451 | -65.4% |
| Operating profit (loss) | 9901 | €480 | -€5,648 | -€6,128 | |
| Financial income | 75/76B | €101 | €1 | -€100 | -99.0% |
| Recurring financial income | 75 | €101 | €1 | -€100 | -99.0% |
| Financial charges | 65/66B | €212 | €269 | +€57 | +26.7% |
| Recurring financial charges | 65 | €212 | €269 | +€57 | +26.7% |
| Profit (loss) for the period before taxes | 9903 | €369 | -€5,916 | -€6,285 | |
| Income taxes | 67/77 | €1,055 | €141 | -€915 | -86.6% |
| Profit (loss) for the period | 9904 | -€686 | -€6,057 | -€5,371 | -783% |
| Profit (loss) for the period to be appropriated | 9905 | -€686 | -€6,057 | -€5,371 | -783% |
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 18 October 2026 via checked.be.