LUNCH BOX: 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.
LUNCH BOX
Largest movements
- Cash -€6,939
down €6,939 (-28.2%), from €24,617 to €17,678
mainly Trade debts (-€11,142) and Tax, wage and social debts (-€8,587)
- Receivables within one year +€5,283
up €5,283 (+9.8%), from €53,774 to €59,057
of which Other amounts receivable: +€4,895
- Tangible fixed assets -€4,091
down €4,091 (-58.9%), from €6,940 to €2,849
of which Land and buildings: -€3,175
- Profit (loss) carried forward +€14,161
up €14,161 (+842.1%), from €1,682 to €15,842
- Trade debts -€11,142
down €11,142 (-38.4%), from €29,027 to €17,885
- Tax, wage and social debts -€8,587
down €8,587 (-43.4%), from €19,777 to €11,189
of which Remuneration and social security: -€7,860
- Staff costs +€20,243
up €20,243 (+125.5%), from €16,125 to €36,368
- Gross operating margin +€12,686
up €12,686 (+29.5%), from €43,029 to €55,715
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 | €95,045 | €89,476 | -€5,569 | -5.9% |
| Formation expenses | 20 | €140 | €140 | = | 0.0% |
| Fixed assets | 21/28 | €7,275 | €3,184 | -€4,091 | -56.2% |
| Tangible fixed assets | 22/27 | €6,940 | €2,849 | -€4,091 | -58.9% |
| Land and buildings | 22 | €4,884 | €1,709 | -€3,175 | -65.0% |
| Furniture and vehicles | 24 | €2,056 | €1,140 | -€916 | -44.5% |
| Financial fixed assets | 28 | €335 | €335 | = | 0.0% |
| Current assets | 29/58 | €87,630 | €86,152 | -€1,478 | -1.7% |
| Stocks and contracts in progress | 3 | €7,951 | €7,951 | = | 0.0% |
| Stocks | 30/36 | €7,951 | €7,951 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €53,774 | €59,057 | +€5,283 | +9.8% |
| Trade receivables | 40 | €1,407 | €1,795 | +€388 | +27.6% |
| Other amounts receivable | 41 | €52,367 | €57,262 | +€4,895 | +9.3% |
| Cash at bank and in hand | 54/58 | €24,617 | €17,678 | -€6,939 | -28.2% |
| Deferred charges and accrued income | 490/1 | €1,287 | €1,466 | +€179 | +13.9% |
| Total equity and liabilities | 10/49 | €95,045 | €89,476 | -€5,569 | -5.9% |
| Equity | 10/15 | €46,241 | €60,401 | +€14,161 | +30.6% |
| Contributions | 10/11 | €17,750 | €17,750 | = | 0.0% |
| Capital | 10 | €17,750 | €17,750 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €850 | €850 | = | 0.0% |
| Reserves | 13 | €26,809 | €26,809 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,059 | €2,059 | = | 0.0% |
| Legal reserve | 130 | €2,059 | €2,059 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,682 | €15,842 | +€14,161 | +842.1% |
| Amounts payable | 17/49 | €48,804 | €29,074 | -€19,730 | -40.4% |
| Amounts payable within one year | 42/48 | €48,804 | €29,074 | -€19,730 | -40.4% |
| Trade debts | 44 | €29,027 | €17,885 | -€11,142 | -38.4% |
| Suppliers | 440/4 | €29,027 | €17,885 | -€11,142 | -38.4% |
| Taxes, remuneration and social security | 45 | €19,777 | €11,189 | -€8,587 | -43.4% |
| Taxes | 450/3 | €4,475 | €3,747 | -€728 | -16.3% |
| Remuneration and social security | 454/9 | €15,302 | €7,442 | -€7,860 | -51.4% |
| Remuneration, social security and pensions | 62 | €16,125 | €36,368 | +€20,243 | +125.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,320 | €4,091 | -€229 | -5.3% |
| Other operating charges | 640/8 | €1,166 | €731 | -€435 | -37.3% |
| Gross operating margin | 9900 | €43,029 | €55,715 | +€12,686 | +29.5% |
| Operating profit (loss) | 9901 | €21,418 | €14,525 | -€6,893 | -32.2% |
| Financial charges | 65/66B | €138 | €151 | +€13 | +9.1% |
| Recurring financial charges | 65 | €138 | €151 | +€13 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | €21,280 | €14,374 | -€6,906 | -32.5% |
| Income taxes | 67/77 | €548 | €213 | -€335 | -61.1% |
| Profit (loss) for the period | 9904 | €20,731 | €14,161 | -€6,571 | -31.7% |
| Profit (loss) for the period to be appropriated | 9905 | €20,731 | €14,161 | -€6,571 | -31.7% |
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 4 October 2026 via checked.be.