LOGO DESIGN: 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.
LOGO DESIGN
Largest movements
- Cash -€9,769
no longer reported in 2025 (was €9,769)
mainly Net result for the year (-€10,654) and Other debts (-€5,625)
- Tangible fixed assets -€8,317
down €8,317 (-63.5%), from €13,102 to €4,785
- Receivables within one year +€726
up €726 (+5.4%), from €13,435 to €14,161
of which Trade receivables: +€726
- Profit (loss) carried forward -€10,654
down €10,654 (-71.0%), from -€15,008 to -€25,662
- Other debts -€5,625
down €5,625 (-22.5%), from €24,973 to €19,348
- Trade debts -€1,071
down €1,071 (-100.0%), from €1,071 to €0
- Tax, wage and social debts -€921
down €921 (-27.5%), from €3,349 to €2,429
- Short-term financial debts +€912
new in 2025: €912
- Turnover -€97,479
no longer reported in 2025 (was €97,479)
- Purchases and services -€95,733
no longer reported in 2025 (was €95,733)
- Gross operating margin -€5,639
down €5,639, from €4,459 to -€1,180
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 | €36,885 | €19,525 | -€17,359 | -47.1% |
| Fixed assets | 21/28 | €13,214 | €4,897 | -€8,317 | -62.9% |
| Tangible fixed assets | 22/27 | €13,102 | €4,785 | -€8,317 | -63.5% |
| Furniture and vehicles | 24 | €13,102 | €4,785 | -€8,317 | -63.5% |
| Financial fixed assets | 28 | €112 | €112 | = | 0.0% |
| Current assets | 29/58 | €23,671 | €14,628 | -€9,043 | -38.2% |
| Stocks and contracts in progress | 3 | €468 | €468 | = | 0.0% |
| Stocks | 30/36 | €468 | €468 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €13,435 | €14,161 | +€726 | +5.4% |
| Trade receivables | 40 | €12,885 | €13,611 | +€726 | +5.6% |
| Other amounts receivable | 41 | €549 | €549 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €9,769 | - | -€9,769 | |
| Total equity and liabilities | 10/49 | €36,885 | €19,525 | -€17,359 | -47.1% |
| Equity | 10/15 | €7,491 | -€3,163 | -€10,654 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €3,907 | €3,907 | = | 0.0% |
| Non-distributable reserves | 130/1 | €203 | €203 | = | 0.0% |
| Legal reserve | 130 | €203 | €203 | = | 0.0% |
| Distributable reserves | 133 | €3,704 | €3,704 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,008 | -€25,662 | -€10,654 | -71.0% |
| Amounts payable | 17/49 | €29,393 | €22,688 | -€6,705 | -22.8% |
| Amounts payable within one year | 42/48 | €29,393 | €22,688 | -€6,705 | -22.8% |
| Financial debts | 43 | - | €912 | +€912 | |
| Credit institutions | 430/8 | - | €912 | +€912 | |
| Trade debts | 44 | €1,071 | €0 | -€1,071 | -100.0% |
| Suppliers | 440/4 | €1,071 | €0 | -€1,071 | -100.0% |
| Taxes, remuneration and social security | 45 | €3,349 | €2,429 | -€921 | -27.5% |
| Taxes | 450/3 | €3,349 | €2,429 | -€921 | -27.5% |
| Other amounts payable | 47/48 | €24,973 | €19,348 | -€5,625 | -22.5% |
| Turnover | 70 | €97,479 | - | -€97,479 | |
| Non-recurring operating income | 76A | €2,713 | - | -€2,713 | |
| Goods, raw materials, services and sundry goods | 60/61 | €95,733 | - | -€95,733 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,317 | €8,317 | = | 0.0% |
| Other operating charges | 640/8 | €414 | €670 | +€256 | +61.7% |
| Gross operating margin | 9900 | €4,459 | -€1,180 | -€5,639 | |
| Operating profit (loss) | 9901 | -€4,272 | -€10,167 | -€5,895 | -138.0% |
| Financial income | 75/76B | €11 | €8 | -€3 | -23.6% |
| Recurring financial income | 75 | €11 | €8 | -€3 | -23.6% |
| Financial charges | 65/66B | €478 | €498 | +€20 | +4.2% |
| Recurring financial charges | 65 | €478 | €498 | +€20 | +4.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,739 | -€10,657 | -€5,918 | -124.9% |
| Income taxes | 67/77 | €149 | -€2 | -€151 | |
| Profit (loss) for the period | 9904 | -€4,888 | -€10,654 | -€5,767 | -118.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,888 | -€10,654 | -€5,767 | -118.0% |
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.