Meaningfulmanagement: 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.
Meaningfulmanagement
Largest movements
- Cash -€17,631
down €17,631 (-70.5%), from €25,023 to €7,392
mainly Other debts (-€21,243) and Receivables within one year (-€9,591)
- Receivables within one year +€9,591
up €9,591 (+58.2%), from €16,489 to €26,080
of which Other amounts receivable: +€12,644
- Tangible fixed assets -€2,848
down €2,848 (-10.9%), from €26,227 to €23,379
of which Plant, machinery and equipment: -€14,598
- Other debts -€21,243
down €21,243 (-95.2%), from €22,320 to €1,077
- Trade debts +€6,792
up €6,792 (+640%), from €1,062 to €7,854
- Profit (loss) carried forward +€2,669
up €2,669 (+6.7%), from €39,944 to €42,613
- Tax, wage and social debts +€1,023
up €1,023 (+26.1%), from €3,913 to €4,936
- Gross operating margin -€22,366
down €22,366 (-58.1%), from €38,486 to €16,120
- Taxes -€7,510
down €7,510 (-75.1%), from €10,001 to €2,491
- Depreciation +€2,538
up €2,538 (+31.7%), from €8,015 to €10,553
- Financial income +€898
new in 2025: €898
- Other operating charges +€548
up €548 (+85.2%), from €643 to €1,191
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 | €72,739 | €61,980 | -€10,759 | -14.8% |
| Fixed assets | 21/28 | €31,227 | €28,508 | -€2,719 | -8.7% |
| Tangible fixed assets | 22/27 | €26,227 | €23,379 | -€2,848 | -10.9% |
| Plant, machinery and equipment | 23 | €16,770 | €2,172 | -€14,598 | -87.0% |
| Furniture and vehicles | 24 | €9,457 | €21,207 | +€11,750 | +124% |
| Financial fixed assets | 28 | €5,000 | €5,129 | +€129 | +2.6% |
| Current assets | 29/58 | €41,512 | €33,472 | -€8,040 | -19.4% |
| Amounts receivable within one year | 40/41 | €16,489 | €26,080 | +€9,591 | +58.2% |
| Trade receivables | 40 | €15,901 | €12,848 | -€3,053 | -19.2% |
| Other amounts receivable | 41 | €588 | €13,232 | +€12,644 | +2,150% |
| Cash at bank and in hand | 54/58 | €25,023 | €7,392 | -€17,631 | -70.5% |
| Total equity and liabilities | 10/49 | €72,739 | €61,980 | -€10,759 | -14.8% |
| Equity | 10/15 | €45,444 | €48,113 | +€2,669 | +5.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | - | -€5,000 | |
| Issued capital | 100 | €5,000 | - | -€5,000 | |
| Reserves | 13 | €500 | €500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Legal reserve | 130 | €500 | - | -€500 | |
| Reserves not available under the articles | 1311 | - | €500 | +€500 | |
| Profit (loss) carried forward | 14 | €39,944 | €42,613 | +€2,669 | +6.7% |
| Amounts payable | 17/49 | €27,295 | €13,867 | -€13,428 | -49.2% |
| Amounts payable within one year | 42/48 | €27,295 | €13,867 | -€13,428 | -49.2% |
| Trade debts | 44 | €1,062 | €7,854 | +€6,792 | +640% |
| Suppliers | 440/4 | €1,062 | €7,854 | +€6,792 | +640% |
| Taxes, remuneration and social security | 45 | €3,913 | €4,936 | +€1,023 | +26.1% |
| Taxes | 450/3 | €3,913 | €4,936 | +€1,023 | +26.1% |
| Other amounts payable | 47/48 | €22,320 | €1,077 | -€21,243 | -95.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,015 | €10,553 | +€2,538 | +31.7% |
| Other operating charges | 640/8 | €643 | €1,191 | +€548 | +85.2% |
| Gross operating margin | 9900 | €38,486 | €16,120 | -€22,366 | -58.1% |
| Operating profit (loss) | 9901 | €29,828 | €4,376 | -€25,452 | -85.3% |
| Financial income | 75/76B | - | €898 | +€898 | |
| Recurring financial income | 75 | - | €898 | +€898 | |
| Financial charges | 65/66B | €140 | €114 | -€26 | -18.6% |
| Recurring financial charges | 65 | €140 | €114 | -€26 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | €29,688 | €5,160 | -€24,528 | -82.6% |
| Income taxes | 67/77 | €10,001 | €2,491 | -€7,510 | -75.1% |
| Profit (loss) for the period | 9904 | €19,687 | €2,669 | -€17,018 | -86.4% |
| Profit (loss) for the period to be appropriated | 9905 | €19,687 | €2,669 | -€17,018 | -86.4% |
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 18 October 2026 via checked.be.