MEANING MOVERS: 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.
MEANING MOVERS
Largest movements
- Receivables within one year -€19,028
down €19,028 (-98.0%), from €19,418 to €390
of which Other amounts receivable: -€19,028
- Formation expenses -€4,772
down €4,772 (-47.6%), from €10,029 to €5,257
- Cash +€3,265
up €3,265 (+28.3%), from €11,530 to €14,796
mainly Receivables within one year (+€19,028) and Net result for the year (+€10,309)
- Deferred charges and accrued income -€2,768
no longer reported in 2025 (was €2,768)
- Receivables after one year +€2,320
new in 2025: €2,320
- Debts after one year -€26,598
no longer reported in 2025 (was €26,598)
- Profit (loss) carried forward +€10,309
up €10,309 (+91.5%), from -€11,272 to -€964
- Trade debts -€6,412
down €6,412 (-48.1%), from €13,337 to €6,925
- Gross operating margin +€68,398
up €68,398, from -€51,616 to €16,782
- Other operating charges -€1,100
down €1,100 (-88.4%), from €1,244 to €144
- Depreciation +€678
up €678 (+11.9%), from €5,704 to €6,381
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 | €47,453 | €24,862 | -€22,591 | -47.6% |
| Formation expenses | 20 | €10,029 | €5,257 | -€4,772 | -47.6% |
| Fixed assets | 21/28 | €3,708 | €2,099 | -€1,609 | -43.4% |
| Tangible fixed assets | 22/27 | €3,708 | €2,099 | -€1,609 | -43.4% |
| Furniture and vehicles | 24 | €3,708 | €2,099 | -€1,609 | -43.4% |
| Current assets | 29/58 | €33,716 | €17,506 | -€16,210 | -48.1% |
| Amounts receivable after more than one year | 29 | - | €2,320 | +€2,320 | |
| Other amounts receivable | 291 | - | €2,320 | +€2,320 | |
| Amounts receivable within one year | 40/41 | €19,418 | €390 | -€19,028 | -98.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €19,418 | €390 | -€19,028 | -98.0% |
| Cash at bank and in hand | 54/58 | €11,530 | €14,796 | +€3,265 | +28.3% |
| Deferred charges and accrued income | 490/1 | €2,768 | - | -€2,768 | |
| Total equity and liabilities | 10/49 | €47,453 | €24,862 | -€22,591 | -47.6% |
| Equity | 10/15 | €7,328 | €17,636 | +€10,309 | +141% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€11,272 | -€964 | +€10,309 | +91.5% |
| Amounts payable | 17/49 | €40,126 | €7,226 | -€32,900 | -82.0% |
| Amounts payable after more than one year | 17 | €26,598 | - | -€26,598 | |
| Other amounts payable | 178/9 | €26,598 | - | -€26,598 | |
| Amounts payable within one year | 42/48 | €13,528 | €7,116 | -€6,412 | -47.4% |
| Trade debts | 44 | €13,337 | €6,925 | -€6,412 | -48.1% |
| Suppliers | 440/4 | €13,337 | €6,925 | -€6,412 | -48.1% |
| Taxes, remuneration and social security | 45 | €191 | €191 | = | 0.0% |
| Taxes | 450/3 | €191 | €191 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €110 | +€110 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,704 | €6,381 | +€678 | +11.9% |
| Other operating charges | 640/8 | €1,244 | €144 | -€1,100 | -88.4% |
| Gross operating margin | 9900 | -€51,616 | €16,782 | +€68,398 | |
| Operating profit (loss) | 9901 | -€58,563 | €10,257 | +€68,820 | |
| Financial income | 75/76B | €116 | €210 | +€94 | +80.9% |
| Recurring financial income | 75 | €116 | €210 | +€94 | +80.9% |
| Financial charges | 65/66B | €105 | €158 | +€54 | +51.5% |
| Recurring financial charges | 65 | €105 | €158 | +€54 | +51.5% |
| Profit (loss) for the period before taxes | 9903 | -€58,552 | €10,309 | +€68,860 | |
| Income taxes | 67/77 | €226 | - | -€226 | |
| Profit (loss) for the period | 9904 | -€58,778 | €10,309 | +€69,086 | |
| Profit (loss) for the period to be appropriated | 9905 | -€58,778 | €10,309 | +€69,086 |
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 15 October 2026 via checked.be.