Matchings: 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.
Matchings
Largest movements
- Cash -€21,903
down €21,903 (-14.3%), from €153,559 to €131,656
mainly Trade debts (-€30,303) and Net result for the year (-€5,552)
- Receivables within one year -€13,951
down €13,951 (-86.0%), from €16,216 to €2,264
of which Trade receivables: -€13,453
- Trade debts -€30,303
down €30,303 (-97.1%), from €31,220 to €916
- Profit (loss) carried forward -€5,552
down €5,552 (-4.2%), from €133,481 to €127,929
- Gross operating margin -€21,999
down €21,999, from €17,037 to -€4,962
- Financial charges -€222
down €222 (-78.1%), from €284 to €62
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 | €169,774 | €133,920 | -€35,854 | -21.1% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €169,774 | €133,920 | -€35,854 | -21.1% |
| Amounts receivable within one year | 40/41 | €16,216 | €2,264 | -€13,951 | -86.0% |
| Trade receivables | 40 | €13,453 | €0 | -€13,453 | -100% |
| Other amounts receivable | 41 | €2,762 | €2,264 | -€498 | -18.0% |
| Cash at bank and in hand | 54/58 | €153,559 | €131,656 | -€21,903 | -14.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €169,774 | €133,920 | -€35,854 | -21.1% |
| Equity | 10/15 | €138,481 | €132,929 | -€5,552 | -4.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €133,481 | €127,929 | -€5,552 | -4.2% |
| Amounts payable | 17/49 | €31,293 | €991 | -€30,302 | -96.8% |
| Amounts payable within one year | 42/48 | €31,228 | €924 | -€30,303 | -97.0% |
| Trade debts | 44 | €31,220 | €916 | -€30,303 | -97.1% |
| Suppliers | 440/4 | €31,220 | €916 | -€30,303 | -97.1% |
| Taxes, remuneration and social security | 45 | €8 | €8 | = | 0.0% |
| Taxes | 450/3 | €8 | €8 | = | 0.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €648 | €528 | -€121 | -18.6% |
| Non-recurring operating charges | 66A | €472 | €0 | -€472 | -100% |
| Gross operating margin | 9900 | €17,037 | -€4,962 | -€21,999 | |
| Operating profit (loss) | 9901 | €15,917 | -€5,490 | -€21,407 | |
| Financial charges | 65/66B | €284 | €62 | -€222 | -78.1% |
| Recurring financial charges | 65 | €284 | €62 | -€222 | -78.1% |
| Profit (loss) for the period before taxes | 9903 | €15,633 | -€5,552 | -€21,185 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €15,633 | -€5,552 | -€21,185 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,633 | -€5,552 | -€21,185 |
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 14 October 2026 via checked.be.