LOTSOFDOTS: 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.
LOTSOFDOTS
Largest movements
- Receivables within one year -€40,198
down €40,198 (-88.4%), from €45,469 to €5,271
of which Trade receivables: -€40,198
- Tangible fixed assets -€8,035
down €8,035 (-4.3%), from €185,838 to €177,803
of which Land and buildings: -€8,028
- Cash -€7,001
down €7,001 (-93.3%), from €7,504 to €503
mainly Net result for the year (-€35,016) and Debts after one year (-€21,149)
- Profit (loss) carried forward -€35,016
new in 2025: -€35,016
- Debts after one year -€21,149
down €21,149 (-18.1%), from €116,877 to €95,728
of which Financial debts: -€21,149
- Other debts +€2,961
up €2,961 (+62.6%), from €4,727 to €7,689
- Gross operating margin -€8,973
down €8,973 (-48.0%), from €18,698 to €9,724
- Financial charges -€4,596
down €4,596 (-82.5%), from €5,574 to €978
- Financial income +€3,058
up €3,058 (+796%), from €384 to €3,442
of which Financial income: +€3,442
- Taxes -€1,160
down €1,160 (-99.0%), from €1,172 to €12
- Other operating charges +€373
up €373 (+12.3%), from €3,026 to €3,399
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.
Derived cash bridge
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 | €241,800 | €186,123 | -€55,677 | -23.0% |
| Fixed assets | 21/28 | €186,627 | €178,372 | -€8,255 | -4.4% |
| Intangible fixed assets | 21 | €789 | €569 | -€220 | -27.9% |
| Tangible fixed assets | 22/27 | €185,838 | €177,803 | -€8,035 | -4.3% |
| Land and buildings | 22 | €185,334 | €177,306 | -€8,028 | -4.3% |
| Plant, machinery and equipment | 23 | €505 | €497 | -€8 | -1.5% |
| Current assets | 29/58 | €55,173 | €7,751 | -€47,422 | -86.0% |
| Stocks and contracts in progress | 3 | €152 | - | -€152 | |
| Stocks | 30/36 | €152 | - | -€152 | |
| Amounts receivable within one year | 40/41 | €45,469 | €5,271 | -€40,198 | -88.4% |
| Trade receivables | 40 | €44,353 | €4,156 | -€40,198 | -90.6% |
| Other amounts receivable | 41 | €1,115 | €1,115 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €7,504 | €503 | -€7,001 | -93.3% |
| Deferred charges and accrued income | 490/1 | €2,049 | €1,977 | -€72 | -3.5% |
| Total equity and liabilities | 10/49 | €241,800 | €186,123 | -€55,677 | -23.0% |
| Equity | 10/15 | €93,706 | €58,689 | -€35,016 | -37.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €81,306 | €81,306 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €79,446 | €79,446 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€35,016 | -€35,016 | |
| Amounts payable | 17/49 | €148,094 | €127,434 | -€20,660 | -14.0% |
| Amounts payable after more than one year | 17 | €116,877 | €95,728 | -€21,149 | -18.1% |
| Financial debts | 170/4 | €42,997 | €21,848 | -€21,149 | -49.2% |
| Other amounts payable | 178/9 | €73,880 | €73,880 | = | 0.0% |
| Amounts payable within one year | 42/48 | €26,712 | €28,050 | +€1,338 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €18,000 | €19,500 | +€1,500 | +8.3% |
| Trade debts | 44 | €1,509 | €393 | -€1,116 | -73.9% |
| Suppliers | 440/4 | €1,509 | €393 | -€1,116 | -73.9% |
| Taxes, remuneration and social security | 45 | €2,477 | €468 | -€2,008 | -81.1% |
| Taxes | 450/3 | €2,477 | €468 | -€2,008 | -81.1% |
| Other amounts payable | 47/48 | €4,727 | €7,689 | +€2,961 | +62.6% |
| Accrued charges and deferred income | 492/3 | €4,504 | €3,656 | -€848 | -18.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,986 | €8,914 | -€72 | -0.8% |
| Other operating charges | 640/8 | €3,026 | €3,399 | +€373 | +12.3% |
| Non-recurring operating charges | 66A | - | €34,880 | +€34,880 | |
| Gross operating margin | 9900 | €18,698 | €9,724 | -€8,973 | -48.0% |
| Operating profit (loss) | 9901 | €6,686 | -€37,468 | -€44,155 | |
| Financial income | 75/76B | €384 | €3,442 | +€3,058 | +796% |
| Recurring financial income | 75 | €1 | €3,442 | +€3,442 | +688,308% |
| Non-recurring financial income | 76B | €384 | €3,442 | +€3,058 | +797% |
| Financial charges | 65/66B | €5,574 | €978 | -€4,596 | -82.5% |
| Recurring financial charges | 65 | €5,574 | €978 | -€4,596 | -82.5% |
| Profit (loss) for the period before taxes | 9903 | €1,496 | -€35,005 | -€36,501 | |
| Income taxes | 67/77 | €1,172 | €12 | -€1,160 | -99.0% |
| Profit (loss) for the period | 9904 | €324 | -€35,016 | -€35,341 | |
| Profit (loss) for the period to be appropriated | 9905 | €324 | -€35,016 | -€35,341 |
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 17 October 2026 via checked.be.