Let's Get Lost: 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.
Let's Get Lost
Largest movements
- Tangible fixed assets -€24,522
down €24,522 (-85.5%), from €28,697 to €4,175
- Receivables within one year +€11,408
up €11,408 (+3146.2%), from €363 to €11,770
of which Trade receivables: +€11,642
- Cash +€8,443
up €8,443 (+47.9%), from €17,633 to €26,076
mainly Investment in fixed assets (net) (+€20,324) and Net result for the year (+€12,018)
- Intangible fixed assets -€637
no longer reported in 2025 (was €637)
- Debts after one year -€20,234
down €20,234 (-25.6%), from €79,024 to €58,790
- Profit (loss) carried forward +€12,018
up €12,018 (+13.8%), from -€86,936 to -€74,918
- Other debts -€9,521
down €9,521 (-49.4%), from €19,287 to €9,765
- Tax, wage and social debts +€6,548
up €6,548 (+105.2%), from €6,224 to €12,772
- Trade debts +€5,308
up €5,308 (+2208.6%), from €240 to €5,549
- Depreciation -€25,781
down €25,781 (-84.2%), from €30,616 to €4,835
- Gross operating margin -€2,617
down €2,617 (-11.0%), from €23,884 to €21,267
- Financial charges -€914
down €914 (-21.1%), from €4,330 to €3,416
- Other operating charges +€415
up €415 (+70.0%), from €593 to €1,009
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 | €49,322 | €44,192 | -€5,130 | -10.4% |
| Fixed assets | 21/28 | €30,774 | €5,615 | -€25,159 | -81.8% |
| Intangible fixed assets | 21 | €637 | - | -€637 | |
| Tangible fixed assets | 22/27 | €28,697 | €4,175 | -€24,522 | -85.5% |
| Furniture and vehicles | 24 | €28,697 | €4,175 | -€24,522 | -85.5% |
| Financial fixed assets | 28 | €1,440 | €1,440 | = | 0.0% |
| Current assets | 29/58 | €18,548 | €38,577 | +€20,029 | +108.0% |
| Amounts receivable within one year | 40/41 | €363 | €11,770 | +€11,408 | +3146.2% |
| Trade receivables | 40 | €125 | €11,767 | +€11,642 | +9313.9% |
| Other amounts receivable | 41 | €238 | €3 | -€235 | -98.8% |
| Cash at bank and in hand | 54/58 | €17,633 | €26,076 | +€8,443 | +47.9% |
| Deferred charges and accrued income | 490/1 | €553 | €731 | +€178 | +32.2% |
| Total equity and liabilities | 10/49 | €49,322 | €44,192 | -€5,130 | -10.4% |
| Equity | 10/15 | -€74,936 | -€62,918 | +€12,018 | +16.0% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€86,936 | -€74,918 | +€12,018 | +13.8% |
| Amounts payable | 17/49 | €124,258 | €107,111 | -€17,148 | -13.8% |
| Amounts payable after more than one year | 17 | €79,024 | €58,790 | -€20,234 | -25.6% |
| Financial debts | 170/4 | €79,024 | €58,790 | -€20,234 | -25.6% |
| Amounts payable within one year | 42/48 | €45,234 | €48,321 | +€3,087 | +6.8% |
| Current portion of amounts payable after more than one year | 42 | €19,483 | €20,234 | +€752 | +3.9% |
| Trade debts | 44 | €240 | €5,549 | +€5,308 | +2208.6% |
| Suppliers | 440/4 | €240 | €5,549 | +€5,308 | +2208.6% |
| Taxes, remuneration and social security | 45 | €6,224 | €12,772 | +€6,548 | +105.2% |
| Taxes | 450/3 | €6,224 | €12,772 | +€6,548 | +105.2% |
| Other amounts payable | 47/48 | €19,287 | €9,765 | -€9,521 | -49.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,616 | €4,835 | -€25,781 | -84.2% |
| Other operating charges | 640/8 | €593 | €1,009 | +€415 | +70.0% |
| Gross operating margin | 9900 | €23,884 | €21,267 | -€2,617 | -11.0% |
| Operating profit (loss) | 9901 | -€7,325 | €15,424 | +€22,749 | |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €4,330 | €3,416 | -€914 | -21.1% |
| Recurring financial charges | 65 | €4,330 | €3,416 | -€914 | -21.1% |
| Profit (loss) for the period before taxes | 9903 | -€11,655 | €12,018 | +€23,672 | |
| Profit (loss) for the period | 9904 | -€11,655 | €12,018 | +€23,672 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,655 | €12,018 | +€23,672 |
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 7 October 2026 via checked.be.