Skip to content

LOGOTYPE: 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.

What changed

LOGOTYPE

BE 0454.957.912
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€1,464
2024 · -€2,145+€681
Equity
-€153,152
2024 · -€151,688-€1,464
Cash
€1,900
2024 · €1,900
Balance sheet total
€5,497
2024 · €5,497

Largest movements

2024 to 2025
Assets

No asset line moved by more than 1% of the balance sheet total.

    Equity and liabilities
    • Profit (loss) carried forward -€1,464

      down €1,464 (-0.3%), from -€509,518 to -€510,982

    • Other debts +€1,464

      up €1,464 (+0.9%), from €157,185 to €158,649

    Income statement
    • Gross operating margin +€681

      up €681 (+31.7%), from -€2,145 to -€1,464

    From the 2024 result to the 2025 result

    effect on the 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.

    Result 2024 -€2,145
    Gross operating margin +€681
    Result 2025 -€1,464
    raises the result

    Derived cash bridge

    cash 2024 to 2025

    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.

    From operations €0
    Investment €0
    Financing €0
    Cash 2024 €1,900
    Net result for the year -€1,464
    Other debts +€1,464
    Cash 2025 €1,900
    brings cash intakes cash out
    Every line side by side 22 lines
    Line Code 2024 2025 Change %
    Total assets 20/58 €5,497 €5,497 = 0.0%
    Current assets 29/58 €5,497 €5,497 = 0.0%
    Amounts receivable within one year 40/41 €3,597 €3,597 = 0.0%
    Other amounts receivable 41 €3,597 €3,597 = 0.0%
    Cash at bank and in hand 54/58 €1,900 €1,900 = 0.0%
    Total equity and liabilities 10/49 €5,497 €5,497 = 0.0%
    Equity 10/15 -€151,688 -€153,152 -€1,464 -1.0%
    Contributions 10/11 €345,666 €345,666 = 0.0%
    Capital 10 €345,666 €345,666 = 0.0%
    Issued capital 100 €345,666 €345,666 = 0.0%
    Reserves 13 €12,164 €12,164 = 0.0%
    Non-distributable reserves 130/1 €12,164 €12,164 = 0.0%
    Legal reserve 130 €12,164 €12,164 = 0.0%
    Profit (loss) carried forward 14 -€509,518 -€510,982 -€1,464 -0.3%
    Amounts payable 17/49 €157,185 €158,649 +€1,464 +0.9%
    Amounts payable within one year 42/48 €157,185 €158,649 +€1,464 +0.9%
    Other amounts payable 47/48 €157,185 €158,649 +€1,464 +0.9%
    Gross operating margin 9900 -€2,145 -€1,464 +€681 +31.7%
    Operating profit (loss) 9901 -€2,145 -€1,464 +€681 +31.7%
    Profit (loss) for the period before taxes 9903 -€2,145 -€1,464 +€681 +31.7%
    Profit (loss) for the period 9904 -€2,145 -€1,464 +€681 +31.7%
    Profit (loss) for the period to be appropriated 9905 -€2,145 -€1,464 +€681 +31.7%

    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 29 October 2026 via checked.be.