Men-ideas: 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.
Men-ideas
Largest movements
- Tangible fixed assets -€5,385
down €5,385 (-13.2%), from €40,821 to €35,436
of which Land and buildings: -€4,709
- Receivables within one year +€1,702
up €1,702 (+13.9%), from €12,233 to €13,935
of which Trade receivables: +€1,830
- Profit (loss) carried forward -€9,453
down €9,453 (-2.3%), from -€408,886 to -€418,339
- Other debts +€6,424
up €6,424 (+1.6%), from €398,477 to €404,901
- Write-downs -€35,100
down €35,100 (-95.1%), from €36,900 to €1,800
- Gross operating margin +€2,648
up €2,648 (+64.7%), from -€4,089 to -€1,442
- Other operating charges -€364
down €364 (-37.4%), from €975 to €610
- Taxes -€274
no longer reported in 2025 (was €274)
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 | €54,506 | €51,292 | -€3,214 | -5.9% |
| Fixed assets | 21/28 | €40,821 | €35,436 | -€5,385 | -13.2% |
| Tangible fixed assets | 22/27 | €40,821 | €35,436 | -€5,385 | -13.2% |
| Land and buildings | 22 | €29,756 | €25,047 | -€4,709 | -15.8% |
| Other tangible fixed assets | 26 | €11,065 | €10,389 | -€676 | -6.1% |
| Current assets | 29/58 | €13,685 | €15,856 | +€2,172 | +15.9% |
| Amounts receivable within one year | 40/41 | €12,233 | €13,935 | +€1,702 | +13.9% |
| Trade receivables | 40 | €12,105 | €13,935 | +€1,830 | +15.1% |
| Other amounts receivable | 41 | €128 | - | -€128 | |
| Cash at bank and in hand | 54/58 | €1,452 | €1,921 | +€469 | +32.3% |
| Total equity and liabilities | 10/49 | €54,506 | €51,292 | -€3,214 | -5.9% |
| Equity | 10/15 | -€345,336 | -€354,789 | -€9,453 | -2.7% |
| Contributions | 10/11 | €63,550 | €63,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€408,886 | -€418,339 | -€9,453 | -2.3% |
| Amounts payable | 17/49 | €399,842 | €406,081 | +€6,239 | +1.6% |
| Amounts payable within one year | 42/48 | €399,842 | €406,081 | +€6,239 | +1.6% |
| Trade debts | 44 | €651 | €713 | +€62 | +9.4% |
| Suppliers | 440/4 | €651 | €713 | +€62 | +9.4% |
| Taxes, remuneration and social security | 45 | €714 | €467 | -€247 | -34.6% |
| Taxes | 450/3 | €714 | €467 | -€247 | -34.6% |
| Other amounts payable | 47/48 | €398,477 | €404,901 | +€6,424 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,385 | €5,385 | -€0 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €36,900 | €1,800 | -€35,100 | -95.1% |
| Other operating charges | 640/8 | €975 | €610 | -€364 | -37.4% |
| Gross operating margin | 9900 | -€4,089 | -€1,442 | +€2,648 | +64.7% |
| Operating profit (loss) | 9901 | -€47,349 | -€9,237 | +€38,112 | +80.5% |
| Financial charges | 65/66B | €198 | €216 | +€17 | +8.7% |
| Recurring financial charges | 65 | €198 | €216 | +€17 | +8.7% |
| Profit (loss) for the period before taxes | 9903 | -€47,548 | -€9,453 | +€38,095 | +80.1% |
| Income taxes | 67/77 | €274 | - | -€274 | |
| Profit (loss) for the period | 9904 | -€47,821 | -€9,453 | +€38,369 | +80.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€47,821 | -€9,453 | +€38,369 | +80.2% |
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.