LES PLANCHES: 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.
LES PLANCHES
Largest movements
- Receivables within one year -€41,565
down €41,565 (-94.4%), from €44,007 to €2,443
- Cash -€9,231
down €9,231 (-34.9%), from €26,435 to €17,205
mainly Advances received (-€23,086) and Trade debts (-€16,896)
- Tangible fixed assets -€6,305
down €6,305 (-30.8%), from €20,481 to €14,177
- Stocks and contracts +€3,150
up €3,150 (+170%), from €1,850 to €5,000
- Advances received -€23,086
down €23,086 (-93.1%), from €24,806 to €1,720
- Trade debts -€16,896
down €16,896 (-76.8%), from €22,001 to €5,105
- Other debts -€14,692
down €14,692 (-39.0%), from €37,692 to €23,000
- Profit (loss) carried forward +€1,459
up €1,459 (+11.8%), from -€12,377 to -€10,919
- Gross operating margin -€40,913
down €40,913 (-78.1%), from €52,372 to €11,459
- Staff costs -€20,852
no longer reported in 2025 (was €20,852)
- Depreciation -€646
down €646 (-7.8%), from €8,236 to €7,590
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 | €92,774 | €38,824 | -€53,950 | -58.2% |
| Fixed assets | 21/28 | €20,481 | €14,177 | -€6,305 | -30.8% |
| Tangible fixed assets | 22/27 | €20,481 | €14,177 | -€6,305 | -30.8% |
| Land and buildings | 22 | €11,171 | €9,001 | -€2,170 | -19.4% |
| Plant, machinery and equipment | 23 | €3,241 | €1,794 | -€1,447 | -44.6% |
| Furniture and vehicles | 24 | €6,069 | €3,381 | -€2,688 | -44.3% |
| Current assets | 29/58 | €72,293 | €24,647 | -€47,645 | -65.9% |
| Stocks and contracts in progress | 3 | €1,850 | €5,000 | +€3,150 | +170% |
| Stocks | 30/36 | €1,850 | €5,000 | +€3,150 | +170% |
| Amounts receivable within one year | 40/41 | €44,007 | €2,443 | -€41,565 | -94.4% |
| Trade receivables | 40 | €44,007 | €2,443 | -€41,565 | -94.4% |
| Cash at bank and in hand | 54/58 | €26,435 | €17,205 | -€9,231 | -34.9% |
| Total equity and liabilities | 10/49 | €92,774 | €38,824 | -€53,950 | -58.2% |
| Equity | 10/15 | €6,223 | €7,681 | +€1,459 | +23.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,377 | -€10,919 | +€1,459 | +11.8% |
| Amounts payable | 17/49 | €86,551 | €31,143 | -€55,409 | -64.0% |
| Amounts payable within one year | 42/48 | €86,551 | €31,143 | -€55,409 | -64.0% |
| Trade debts | 44 | €22,001 | €5,105 | -€16,896 | -76.8% |
| Suppliers | 440/4 | €22,001 | €5,105 | -€16,896 | -76.8% |
| Advances received on contracts in progress | 46 | €24,806 | €1,720 | -€23,086 | -93.1% |
| Taxes, remuneration and social security | 45 | €2,052 | €1,317 | -€734 | -35.8% |
| Taxes | 450/3 | €2,052 | €1,317 | -€734 | -35.8% |
| Other amounts payable | 47/48 | €37,692 | €23,000 | -€14,692 | -39.0% |
| Remuneration, social security and pensions | 62 | €20,852 | - | -€20,852 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,236 | €7,590 | -€646 | -7.8% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €52,372 | €11,459 | -€40,913 | -78.1% |
| Operating profit (loss) | 9901 | €22,898 | €3,469 | -€19,428 | -84.8% |
| Financial income | 75/76B | €0 | €14 | +€14 | +15,622% |
| Recurring financial income | 75 | €0 | €14 | +€14 | +15,622% |
| Financial charges | 65/66B | €1,849 | €2,025 | +€176 | +9.5% |
| Recurring financial charges | 65 | €1,849 | €2,025 | +€176 | +9.5% |
| Profit (loss) for the period before taxes | 9903 | €21,049 | €1,459 | -€19,590 | -93.1% |
| Profit (loss) for the period | 9904 | €21,049 | €1,459 | -€19,590 | -93.1% |
| Profit (loss) for the period to be appropriated | 9905 | €21,049 | €1,459 | -€19,590 | -93.1% |
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 14 October 2026 via checked.be.