Members Only: 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.
Members Only
Largest movements
- Cash -€125,442
down €125,442 (-57.2%), from €219,416 to €93,973
mainly Receivables within one year (-€89,292) and Accrued charges and deferred income (-€14,000)
- Receivables within one year +€89,292
up €89,292 (+238.8%), from €37,398 to €126,690
of which Trade receivables: +€87,931
- Deferred charges and accrued income +€8,204
up €8,204 (+404.5%), from €2,028 to €10,232
- Accrued charges and deferred income -€14,000
down €14,000 (-7.8%), from €178,532 to €164,532
- Tax, wage and social debts -€13,554
down €13,554 (-33.5%), from €40,505 to €26,952
- Gross operating margin +€10,273
up €10,273, from -€8,136 to €2,137
- Other operating charges +€1,499
up €1,499 (+387.0%), from €387 to €1,887
- Financial income +€149
up €149 (+103.1%), from €145 to €294
- Depreciation -€137
down €137 (-36.7%), from €372 to €235
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 | €258,842 | €231,440 | -€27,401 | -10.6% |
| Fixed assets | 21/28 | - | €545 | +€545 | |
| Tangible fixed assets | 22/27 | - | €545 | +€545 | |
| Furniture and vehicles | 24 | - | €545 | +€545 | |
| Current assets | 29/58 | €258,842 | €230,895 | -€27,946 | -10.8% |
| Amounts receivable within one year | 40/41 | €37,398 | €126,690 | +€89,292 | +238.8% |
| Trade receivables | 40 | €37,383 | €125,314 | +€87,931 | +235.2% |
| Other amounts receivable | 41 | €15 | €1,375 | +€1,361 | +9218.6% |
| Cash at bank and in hand | 54/58 | €219,416 | €93,973 | -€125,442 | -57.2% |
| Deferred charges and accrued income | 490/1 | €2,028 | €10,232 | +€8,204 | +404.5% |
| Total equity and liabilities | 10/49 | €258,842 | €231,440 | -€27,401 | -10.6% |
| Equity | 10/15 | €38,784 | €38,797 | +€13 | 0.0% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €1,030 | €1,030 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,030 | €1,030 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,030 | €1,030 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,754 | €6,767 | +€13 | +0.2% |
| Amounts payable | 17/49 | €220,058 | €192,644 | -€27,414 | -12.5% |
| Amounts payable within one year | 42/48 | €41,525 | €28,112 | -€13,414 | -32.3% |
| Trade debts | 44 | €1,020 | €1,160 | +€140 | +13.7% |
| Suppliers | 440/4 | €1,020 | €1,160 | +€140 | +13.7% |
| Taxes, remuneration and social security | 45 | €40,505 | €26,952 | -€13,554 | -33.5% |
| Taxes | 450/3 | €40,505 | €26,952 | -€13,554 | -33.5% |
| Accrued charges and deferred income | 492/3 | €178,532 | €164,532 | -€14,000 | -7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €372 | €235 | -€137 | -36.7% |
| Other operating charges | 640/8 | €387 | €1,887 | +€1,499 | +387.0% |
| Gross operating margin | 9900 | -€8,136 | €2,137 | +€10,273 | |
| Operating profit (loss) | 9901 | -€8,895 | €15 | +€8,910 | |
| Financial income | 75/76B | €145 | €294 | +€149 | +103.1% |
| Recurring financial income | 75 | €145 | €294 | +€149 | +103.1% |
| Financial charges | 65/66B | €221 | €296 | +€75 | +34.1% |
| Recurring financial charges | 65 | €221 | €296 | +€75 | +34.1% |
| Profit (loss) for the period before taxes | 9903 | -€8,971 | €13 | +€8,984 | |
| Profit (loss) for the period | 9904 | -€8,971 | €13 | +€8,984 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,971 | €13 | +€8,984 |
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 7 October 2026 via checked.be.