LET ME KNOW: 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.
LET ME KNOW
Largest movements
- Tangible fixed assets -€45,136
down €45,136 (-18.3%), from €246,885 to €201,748
- Receivables within one year -€31,338
down €31,338 (-57.0%), from €54,948 to €23,610
of which Other amounts receivable: -€30,012
- Intangible fixed assets -€5,333
down €5,333 (-100.0%), from €5,333 to €0
- Other debts +€227,447
new in 2025: €227,447
- Debts after one year -€125,992
down €125,992 (-46.0%), from €274,031 to €148,038
- Profit (loss) carried forward -€113,364
down €113,364 (-112.3%), from -€100,914 to -€214,278
- Current portion of long-term debt -€44,633
down €44,633 (-66.8%), from €66,823 to €22,190
- Trade debts -€11,194
down €11,194 (-28.3%), from €39,583 to €28,389
of which Suppliers: -€15,993
- Gross operating margin -€67,659
down €67,659, from €23,077 to -€44,582
- Other operating charges -€17,404
down €17,404 (-76.7%), from €22,690 to €5,285
- Depreciation -€8,385
down €8,385 (-14.2%), from €58,855 to €50,470
- Financial charges +€2,882
up €2,882 (+19.0%), from €15,183 to €18,066
- Financial income -€1,745
down €1,745 (-25.7%), from €6,783 to €5,039
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 | €337,370 | €257,696 | -€79,674 | -23.6% |
| Fixed assets | 21/28 | €282,218 | €231,748 | -€50,470 | -17.9% |
| Intangible fixed assets | 21 | €5,333 | €0 | -€5,333 | -100.0% |
| Tangible fixed assets | 22/27 | €246,885 | €201,748 | -€45,136 | -18.3% |
| Land and buildings | 22 | €149,477 | €134,170 | -€15,307 | -10.2% |
| Plant, machinery and equipment | 23 | €31,217 | €18,770 | -€12,447 | -39.9% |
| Furniture and vehicles | 24 | €66,190 | €48,808 | -€17,382 | -26.3% |
| Financial fixed assets | 28 | €30,000 | €30,000 | = | 0.0% |
| Current assets | 29/58 | €55,152 | €25,948 | -€29,204 | -53.0% |
| Amounts receivable within one year | 40/41 | €54,948 | €23,610 | -€31,338 | -57.0% |
| Trade receivables | 40 | €23,013 | €21,687 | -€1,326 | -5.8% |
| Other amounts receivable | 41 | €31,935 | €1,923 | -€30,012 | -94.0% |
| Cash at bank and in hand | 54/58 | €2 | €2,338 | +€2,336 | +134259.8% |
| Deferred charges and accrued income | 490/1 | €202 | €0 | -€202 | -100.0% |
| Total equity and liabilities | 10/49 | €337,370 | €257,696 | -€79,674 | -23.6% |
| Equity | 10/15 | -€50,261 | -€168,664 | -€118,403 | -235.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€100,914 | -€214,278 | -€113,364 | -112.3% |
| Investment grants | 15 | €28,653 | €23,615 | -€5,039 | -17.6% |
| Amounts payable | 17/49 | €387,631 | €426,360 | +€38,729 | +10.0% |
| Amounts payable after more than one year | 17 | €274,031 | €148,038 | -€125,992 | -46.0% |
| Financial debts | 170/4 | €274,031 | €148,038 | -€125,992 | -46.0% |
| Amounts payable within one year | 42/48 | €113,600 | €278,322 | +€164,721 | +145.0% |
| Current portion of amounts payable after more than one year | 42 | €66,823 | €22,190 | -€44,633 | -66.8% |
| Financial debts | 43 | €6,783 | €0 | -€6,783 | -100.0% |
| Credit institutions | 430/8 | €6,783 | €0 | -€6,783 | -100.0% |
| Trade debts | 44 | €39,583 | €28,389 | -€11,194 | -28.3% |
| Suppliers | 440/4 | €29,488 | €13,496 | -€15,993 | -54.2% |
| Bills of exchange payable | 441 | €10,095 | €14,893 | +€4,798 | +47.5% |
| Advances received on contracts in progress | 46 | €0 | €295 | +€295 | |
| Taxes, remuneration and social security | 45 | €411 | €0 | -€411 | -100.0% |
| Taxes | 450/3 | €411 | €0 | -€411 | -100.0% |
| Other amounts payable | 47/48 | - | €227,447 | +€227,447 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,855 | €50,470 | -€8,385 | -14.2% |
| Other operating charges | 640/8 | €22,690 | €5,285 | -€17,404 | -76.7% |
| Non-recurring operating charges | 66A | €4,320 | €0 | -€4,320 | -100.0% |
| Gross operating margin | 9900 | €23,077 | -€44,582 | -€67,659 | |
| Operating profit (loss) | 9901 | -€62,787 | -€100,337 | -€37,550 | -59.8% |
| Financial income | 75/76B | €6,783 | €5,039 | -€1,745 | -25.7% |
| Recurring financial income | 75 | €6,783 | €5,039 | -€1,745 | -25.7% |
| Financial charges | 65/66B | €15,183 | €18,066 | +€2,882 | +19.0% |
| Recurring financial charges | 65 | €15,183 | €18,066 | +€2,882 | +19.0% |
| Profit (loss) for the period before taxes | 9903 | -€71,187 | -€113,364 | -€42,178 | -59.2% |
| Income taxes | 67/77 | €0 | €0 | -€0 | -50.0% |
| Profit (loss) for the period | 9904 | -€71,187 | -€113,364 | -€42,178 | -59.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€71,187 | -€113,364 | -€42,178 | -59.2% |
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 9 October 2026 via checked.be.