LE 1908: what changed
LE 1908
Largest movements
- Cash -€29,316
down €29,316 (-97.4%), from €30,111 to €795
mainly Net result for the year (-€41,845) and Tax, wage and social debts (-€8,284)
- Receivables within one year -€25,385
down €25,385 (-100.0%), from €25,396 to €11
of which Other amounts receivable: -€25,396
- Stocks and contracts -€2,653
down €2,653 (-21.6%), from €12,301 to €9,648
- Tangible fixed assets +€1,632
up €1,632 (+331%), from €494 to €2,126
- Profit (loss) carried forward -€41,845
down €41,845 (-126%), from -€33,251 to -€75,096
- Tax, wage and social debts -€8,284
down €8,284 (-9.5%), from €87,226 to €78,942
of which Taxes: -€9,672
- Trade debts -€6,459
down €6,459 (-58.2%), from €11,107 to €4,648
- Turnover +€88,137
up €88,137 (+21.5%), from €410,011 to €498,148
- Purchases and services +€84,696
up €84,696 (+24.9%), from €339,844 to €424,540
- Staff costs +€41,308
up €41,308 (+57.7%), from €71,594 to €112,902
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €70,182 | €14,156 | -€56,026 | -79.8% |
| Fixed assets | 21/28 | €2,374 | €3,701 | +€1,327 | +55.9% |
| Intangible fixed assets | 21 | €305 | - | -€305 | |
| Tangible fixed assets | 22/27 | €494 | €2,126 | +€1,632 | +331% |
| Furniture and vehicles | 24 | €494 | €2,126 | +€1,632 | +331% |
| Financial fixed assets | 28 | €1,575 | €1,575 | = | 0.0% |
| Current assets | 29/58 | €67,808 | €10,455 | -€57,353 | -84.6% |
| Stocks and contracts in progress | 3 | €12,301 | €9,648 | -€2,653 | -21.6% |
| Stocks | 30/36 | €12,301 | €9,648 | -€2,653 | -21.6% |
| Amounts receivable within one year | 40/41 | €25,396 | €11 | -€25,385 | -100.0% |
| Trade receivables | 40 | - | €11 | +€11 | |
| Other amounts receivable | 41 | €25,396 | - | -€25,396 | |
| Cash at bank and in hand | 54/58 | €30,111 | €795 | -€29,316 | -97.4% |
| Total equity and liabilities | 10/49 | €70,182 | €14,156 | -€56,026 | -79.8% |
| Equity | 10/15 | -€28,251 | -€70,096 | -€41,845 | -148% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,251 | -€75,096 | -€41,845 | -126% |
| Amounts payable | 17/49 | €98,433 | €84,252 | -€14,181 | -14.4% |
| Amounts payable within one year | 42/48 | €98,433 | €84,252 | -€14,181 | -14.4% |
| Trade debts | 44 | €11,107 | €4,648 | -€6,459 | -58.2% |
| Suppliers | 440/4 | €11,107 | €4,648 | -€6,459 | -58.2% |
| Taxes, remuneration and social security | 45 | €87,226 | €78,942 | -€8,284 | -9.5% |
| Taxes | 450/3 | €35,413 | €25,741 | -€9,672 | -27.3% |
| Remuneration and social security | 454/9 | €51,813 | €53,202 | +€1,389 | +2.7% |
| Other amounts payable | 47/48 | €100 | €661 | +€561 | +561% |
| Turnover | 70 | €410,011 | €498,148 | +€88,137 | +21.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €339,844 | €424,540 | +€84,696 | +24.9% |
| Remuneration, social security and pensions | 62 | €71,594 | €112,902 | +€41,308 | +57.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €375 | €805 | +€430 | +114% |
| Other operating charges | 640/8 | €1,098 | €1,765 | +€667 | +60.7% |
| Gross operating margin | 9900 | €72,726 | €74,089 | +€1,363 | +1.9% |
| Operating profit (loss) | 9901 | -€341 | -€41,382 | -€41,041 | -12,020% |
| Financial income | 75/76B | €3 | €6 | +€3 | +121% |
| Recurring financial income | 75 | €3 | €6 | +€3 | +121% |
| Financial charges | 65/66B | €223 | €469 | +€246 | +110% |
| Recurring financial charges | 65 | €223 | €469 | +€246 | +110% |
| Profit (loss) for the period before taxes | 9903 | -€562 | -€41,845 | -€41,283 | -7,347% |
| Profit (loss) for the period | 9904 | -€562 | -€41,845 | -€41,283 | -7,347% |
| Profit (loss) for the period to be appropriated | 9905 | -€562 | -€41,845 | -€41,283 | -7,347% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.