LEVEL A: 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.
LEVEL A
Largest movements
- Cash +€3,810
up €3,810, from €0 to €3,810
mainly Receivables within one year (+€2,131) and Trade debts (+€1,714)
- Receivables within one year -€2,131
down €2,131 (-23.2%), from €9,205 to €7,073
of which Other amounts receivable: -€2,479
- Deferred charges and accrued income +€1,014
up €1,014, from €0 to €1,014
- Trade debts +€1,714
up €1,714 (+229.2%), from €748 to €2,462
- Profit (loss) carried forward +€1,201
up €1,201 (+3.7%), from -€32,094 to -€30,893
- Short-term financial debts -€210
no longer reported in 2025 (was €210)
- Depreciation -€1,386
no longer reported in 2025 (was €1,386)
- Gross operating margin -€68
down €68 (-4.4%), from €1,537 to €1,469
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 | €9,205 | €11,898 | +€2,693 | +29.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €9,205 | €11,898 | +€2,693 | +29.3% |
| Amounts receivable within one year | 40/41 | €9,205 | €7,073 | -€2,131 | -23.2% |
| Trade receivables | 40 | €6,362 | €6,710 | +€348 | +5.5% |
| Other amounts receivable | 41 | €2,843 | €364 | -€2,479 | -87.2% |
| Cash at bank and in hand | 54/58 | €0 | €3,810 | +€3,810 | |
| Deferred charges and accrued income | 490/1 | €0 | €1,014 | +€1,014 | |
| Total equity and liabilities | 10/49 | €9,205 | €11,898 | +€2,693 | +29.3% |
| Equity | 10/15 | -€25,894 | -€24,693 | +€1,201 | +4.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,094 | -€30,893 | +€1,201 | +3.7% |
| Amounts payable | 17/49 | €35,099 | €36,590 | +€1,491 | +4.2% |
| Amounts payable within one year | 42/48 | €35,099 | €36,590 | +€1,491 | +4.2% |
| Financial debts | 43 | €210 | - | -€210 | |
| Other loans | 439 | €210 | - | -€210 | |
| Trade debts | 44 | €748 | €2,462 | +€1,714 | +229.2% |
| Suppliers | 440/4 | €748 | €2,462 | +€1,714 | +229.2% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €34,141 | €34,128 | -€12 | 0.0% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,386 | - | -€1,386 | |
| Other operating charges | 640/8 | €220 | €220 | = | 0.0% |
| Gross operating margin | 9900 | €1,537 | €1,469 | -€68 | -4.4% |
| Operating profit (loss) | 9901 | -€69 | €1,249 | +€1,318 | |
| Financial charges | 65/66B | €45 | €48 | +€3 | +6.0% |
| Recurring financial charges | 65 | €45 | €48 | +€3 | +6.0% |
| Profit (loss) for the period before taxes | 9903 | -€114 | €1,201 | +€1,315 | |
| Profit (loss) for the period | 9904 | -€114 | €1,201 | +€1,315 | |
| Profit (loss) for the period to be appropriated | 9905 | -€114 | €1,201 | +€1,315 |
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 12 October 2026 via checked.be.