LE 32: 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.
LE 32
Largest movements
- Cash +€3,759
up €3,759 (+273%), from €1,377 to €5,136
mainly Net result for the year (+€17,313) and Receivables within one year (+€2,420)
- Receivables within one year -€2,420
down €2,420 (-99.5%), from €2,432 to €12
of which Trade receivables: -€2,420
- Tangible fixed assets -€95
down €95 (-4.5%), from €2,091 to €1,996
- Profit (loss) carried forward +€17,313
up €17,313 (+86.9%), from -€19,914 to -€2,601
- Other debts -€15,000
down €15,000 (-83.0%), from €18,082 to €3,082
- Tax, wage and social debts -€1,469
no longer reported in 2025 (was €1,469)
- Trade debts +€400
up €400 (+635%), from €63 to €463
- Gross operating margin -€8,746
down €8,746 (-33.3%), from €26,281 to €17,535
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 | €5,900 | €7,144 | +€1,244 | +21.1% |
| Fixed assets | 21/28 | €2,091 | €1,996 | -€95 | -4.5% |
| Tangible fixed assets | 22/27 | €2,091 | €1,996 | -€95 | -4.5% |
| Land and buildings | 22 | €2,091 | €1,996 | -€95 | -4.5% |
| Current assets | 29/58 | €3,809 | €5,148 | +€1,339 | +35.2% |
| Amounts receivable within one year | 40/41 | €2,432 | €12 | -€2,420 | -99.5% |
| Trade receivables | 40 | €2,420 | - | -€2,420 | |
| Other amounts receivable | 41 | €12 | €12 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,377 | €5,136 | +€3,759 | +273% |
| Total equity and liabilities | 10/49 | €5,900 | €7,144 | +€1,244 | +21.1% |
| Equity | 10/15 | -€13,714 | €3,599 | +€17,313 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Profit (loss) carried forward | 14 | -€19,914 | -€2,601 | +€17,313 | +86.9% |
| Amounts payable | 17/49 | €19,614 | €3,545 | -€16,069 | -81.9% |
| Amounts payable within one year | 42/48 | €19,614 | €3,545 | -€16,069 | -81.9% |
| Trade debts | 44 | €63 | €463 | +€400 | +635% |
| Suppliers | 440/4 | €63 | €463 | +€400 | +635% |
| Taxes, remuneration and social security | 45 | €1,469 | - | -€1,469 | |
| Taxes | 450/3 | €1,469 | - | -€1,469 | |
| Other amounts payable | 47/48 | €18,082 | €3,082 | -€15,000 | -83.0% |
| Remuneration, social security and pensions | 62 | -€146 | - | +€146 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94 | €95 | +€1 | +1.1% |
| Gross operating margin | 9900 | €26,281 | €17,535 | -€8,746 | -33.3% |
| Operating profit (loss) | 9901 | €26,333 | €17,440 | -€8,893 | -33.8% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €129 | €127 | -€2 | -1.6% |
| Recurring financial charges | 65 | €129 | €127 | -€2 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €26,214 | €17,313 | -€8,901 | -34.0% |
| Profit (loss) for the period | 9904 | €26,214 | €17,313 | -€8,901 | -34.0% |
| Profit (loss) for the period to be appropriated | 9905 | €26,214 | €17,313 | -€8,901 | -34.0% |
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 16 October 2026 via checked.be.