LE PLAN B: what changed
Two fiscal 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 PLAN B
Largest movements
- Receivables within one year -€20,185
down €20,185 (-90.8%), from €22,229 to €2,044
of which Trade receivables: -€14,465
- Stocks and contracts -€3,987
down €3,987 (-42.5%), from €9,376 to €5,389
- Deferred charges and accrued income -€964
down €964 (-97.3%), from €991 to €27
- Other debts -€22,824
down €22,824 (-53.1%), from €43,000 to €20,176
- Tax, wage and social debts -€3,728
down €3,728 (-80.6%), from €4,623 to €895
- Trade debts +€2,315
up €2,315 (+140.1%), from €1,653 to €3,968
- Gross operating margin -€11,436
down €11,436 (-70.6%), from €16,195 to €4,759
- Taxes -€2,800
down €2,800 (-68.6%), from €4,081 to €1,281
- Financial charges +€1,232
up €1,232 (+603.9%), from €204 to €1,436
- Depreciation -€1,008
down €1,008 (-89.3%), from €1,129 to €121
- Other operating charges -€462
down €462 (-49.9%), from €925 to €463
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.
Cash bridge derived
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 | €70,193 | €45,499 | -€24,694 | -35.2% |
| Fixed assets | 21/28 | €121 | - | -€121 | |
| Tangible fixed assets | 22/27 | €121 | - | -€121 | |
| Furniture and vehicles | 24 | €121 | - | -€121 | |
| Current assets | 29/58 | €70,072 | €45,499 | -€24,573 | -35.1% |
| Stocks and contracts in progress | 3 | €9,376 | €5,389 | -€3,987 | -42.5% |
| Stocks | 30/36 | €9,376 | €5,389 | -€3,987 | -42.5% |
| Amounts receivable within one year | 40/41 | €22,229 | €2,044 | -€20,185 | -90.8% |
| Trade receivables | 40 | €14,759 | €294 | -€14,465 | -98.0% |
| Other amounts receivable | 41 | €7,470 | €1,750 | -€5,720 | -76.6% |
| Cash at bank and in hand | 54/58 | €37,476 | €38,039 | +€563 | +1.5% |
| Deferred charges and accrued income | 490/1 | €991 | €27 | -€964 | -97.3% |
| Total equity and liabilities | 10/49 | €70,193 | €45,499 | -€24,694 | -35.2% |
| Equity | 10/15 | €20,917 | €20,460 | -€457 | -2.2% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €457 | - | -€457 | |
| Amounts payable | 17/49 | €49,276 | €25,039 | -€24,237 | -49.2% |
| Amounts payable within one year | 42/48 | €49,276 | €25,039 | -€24,237 | -49.2% |
| Trade debts | 44 | €1,653 | €3,968 | +€2,315 | +140.1% |
| Suppliers | 440/4 | €1,653 | €3,968 | +€2,315 | +140.1% |
| Taxes, remuneration and social security | 45 | €4,623 | €895 | -€3,728 | -80.6% |
| Taxes | 450/3 | €4,623 | €895 | -€3,728 | -80.6% |
| Other amounts payable | 47/48 | €43,000 | €20,176 | -€22,824 | -53.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,129 | €121 | -€1,008 | -89.3% |
| Other operating charges | 640/8 | €925 | €463 | -€462 | -49.9% |
| Gross operating margin | 9900 | €16,195 | €4,759 | -€11,436 | -70.6% |
| Operating profit (loss) | 9901 | €14,141 | €4,175 | -€9,966 | -70.5% |
| Financial income | 75/76B | €425 | - | -€425 | |
| Recurring financial income | 75 | €425 | - | -€425 | |
| Financial charges | 65/66B | €204 | €1,436 | +€1,232 | +603.9% |
| Recurring financial charges | 65 | €204 | €1,436 | +€1,232 | +603.9% |
| Profit (loss) for the period before taxes | 9903 | €14,362 | €2,739 | -€11,622 | -80.9% |
| Income taxes | 67/77 | €4,081 | €1,281 | -€2,800 | -68.6% |
| Profit (loss) for the period | 9904 | €10,281 | €1,458 | -€8,822 | -85.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,281 | €1,458 | -€8,822 | -85.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.