LOOK: 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.
LOOK
Largest movements
- Tangible fixed assets +€16,739
up €16,739 (+132.6%), from €12,627 to €29,366
of which Furniture and vehicles: +€18,956
- Cash -€12,184
down €12,184 (-67.5%), from €18,045 to €5,861
mainly Net result for the year (-€33,862) and Investment in fixed assets (net) (-€19,498)
- Receivables within one year +€890
up €890 (+7.8%), from €11,356 to €12,246
of which Other amounts receivable: +€890
- Other debts +€42,860
up €42,860 (+127.1%), from €33,724 to €76,584
- Profit (loss) carried forward -€33,862
down €33,862 (-471.0%), from -€7,189 to -€41,051
- Tax, wage and social debts -€2,633
down €2,633 (-90.8%), from €2,900 to €267
- Trade debts -€920
down €920 (-20.2%), from €4,558 to €3,638
- Gross operating margin -€28,756
down €28,756, from €2,633 to -€26,123
- Other operating charges +€2,511
up €2,511 (+117.1%), from €2,145 to €4,656
- Depreciation +€542
up €542 (+24.4%), from €2,217 to €2,759
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 | €42,053 | €47,498 | +€5,445 | +12.9% |
| Fixed assets | 21/28 | €12,652 | €29,391 | +€16,739 | +132.3% |
| Tangible fixed assets | 22/27 | €12,627 | €29,366 | +€16,739 | +132.6% |
| Land and buildings | 22 | €1,316 | €665 | -€651 | -49.5% |
| Plant, machinery and equipment | 23 | €11,311 | €9,745 | -€1,566 | -13.8% |
| Furniture and vehicles | 24 | - | €18,956 | +€18,956 | |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €29,401 | €18,107 | -€11,294 | -38.4% |
| Amounts receivable within one year | 40/41 | €11,356 | €12,246 | +€890 | +7.8% |
| Trade receivables | 40 | €11,356 | €11,356 | = | 0.0% |
| Other amounts receivable | 41 | - | €890 | +€890 | |
| Cash at bank and in hand | 54/58 | €18,045 | €5,861 | -€12,184 | -67.5% |
| Total equity and liabilities | 10/49 | €42,053 | €47,498 | +€5,445 | +12.9% |
| Equity | 10/15 | €871 | -€32,991 | -€33,862 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,189 | -€41,051 | -€33,862 | -471.0% |
| Amounts payable | 17/49 | €41,182 | €80,489 | +€39,307 | +95.4% |
| Amounts payable within one year | 42/48 | €41,182 | €80,489 | +€39,307 | +95.4% |
| Trade debts | 44 | €4,558 | €3,638 | -€920 | -20.2% |
| Suppliers | 440/4 | €4,558 | €3,638 | -€920 | -20.2% |
| Taxes, remuneration and social security | 45 | €2,900 | €267 | -€2,633 | -90.8% |
| Taxes | 450/3 | €2,900 | €267 | -€2,633 | -90.8% |
| Other amounts payable | 47/48 | €33,724 | €76,584 | +€42,860 | +127.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,217 | €2,759 | +€542 | +24.4% |
| Other operating charges | 640/8 | €2,145 | €4,656 | +€2,511 | +117.1% |
| Gross operating margin | 9900 | €2,633 | -€26,123 | -€28,756 | |
| Operating profit (loss) | 9901 | -€1,729 | -€33,538 | -€31,809 | -1839.7% |
| Financial charges | 65/66B | €286 | €324 | +€38 | +13.3% |
| Recurring financial charges | 65 | €286 | €324 | +€38 | +13.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,015 | -€33,862 | -€31,847 | -1580.5% |
| Profit (loss) for the period | 9904 | -€2,015 | -€33,862 | -€31,847 | -1580.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,015 | -€33,862 | -€31,847 | -1580.5% |
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 10 October 2026 via checked.be.