Meta: 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.
Meta
Largest movements
- Tangible fixed assets -€5,731
down €5,731 (-4.9%), from €116,811 to €111,080
of which Land and buildings: -€4,705
- Profit (loss) carried forward -€9,081
down €9,081 (-8.3%), from -€108,764 to -€117,845
- Other debts +€3,530
up €3,530 (+24.0%), from €14,681 to €18,211
- Gross operating margin -€586
down €586, from €513 to -€73
- Other operating charges +€99
up €99 (+3.2%), from €3,145 to €3,244
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 | €118,334 | €112,977 | -€5,357 | -4.5% |
| Fixed assets | 21/28 | €116,811 | €111,080 | -€5,731 | -4.9% |
| Tangible fixed assets | 22/27 | €116,811 | €111,080 | -€5,731 | -4.9% |
| Land and buildings | 22 | €106,975 | €102,270 | -€4,705 | -4.4% |
| Plant, machinery and equipment | 23 | €1,633 | €1,452 | -€182 | -11.1% |
| Furniture and vehicles | 24 | €2,191 | €1,947 | -€243 | -11.1% |
| Other tangible fixed assets | 26 | €6,012 | €5,411 | -€601 | -10.0% |
| Current assets | 29/58 | €1,523 | €1,897 | +€374 | +24.6% |
| Cash at bank and in hand | 54/58 | €1,523 | €1,897 | +€374 | +24.6% |
| Total equity and liabilities | 10/49 | €118,334 | €112,977 | -€5,357 | -4.5% |
| Equity | 10/15 | -€46,347 | -€55,427 | -€9,081 | -19.6% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €444 | €444 | = | 0.0% |
| Non-distributable reserves | 130/1 | €444 | €444 | = | 0.0% |
| Legal reserve | 130 | €444 | €444 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€108,764 | -€117,845 | -€9,081 | -8.3% |
| Amounts payable | 17/49 | €164,681 | €168,405 | +€3,724 | +2.3% |
| Amounts payable after more than one year | 17 | €150,000 | €150,000 | = | 0.0% |
| Other amounts payable | 178/9 | €150,000 | €150,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €14,681 | €18,405 | +€3,724 | +25.4% |
| Trade debts | 44 | - | €194 | +€194 | |
| Suppliers | 440/4 | - | €194 | +€194 | |
| Other amounts payable | 47/48 | €14,681 | €18,211 | +€3,530 | +24.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,731 | €5,731 | = | 0.0% |
| Other operating charges | 640/8 | €3,145 | €3,244 | +€99 | +3.2% |
| Gross operating margin | 9900 | €513 | -€73 | -€586 | |
| Operating profit (loss) | 9901 | -€8,363 | -€9,049 | -€685 | -8.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €32 | €32 | = | 0.0% |
| Recurring financial charges | 65 | €32 | €32 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€8,395 | -€9,081 | -€685 | -8.2% |
| Profit (loss) for the period | 9904 | -€8,395 | -€9,081 | -€685 | -8.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,395 | -€9,081 | -€685 | -8.2% |
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 9 October 2026 via checked.be.