Method & Pragmatism: 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.
Method & Pragmatism
Largest movements
- Cash -€5,480
down €5,480 (-12.2%), from €44,822 to €39,342
mainly Net result for the year (-€11,765) and Trade debts (-€432)
- Tangible fixed assets -€2,791
down €2,791 (-43.5%), from €6,413 to €3,622
- Receivables within one year -€1,366
down €1,366 (-22.3%), from €6,121 to €4,755
- Profit (loss) carried forward -€11,765
down €11,765, from €11,633 to -€132
- Other debts +€2,555
new in 2025: €2,555
- Depreciation -€1,353
down €1,353 (-32.7%), from €4,144 to €2,791
- Gross operating margin +€1,109
up €1,109 (+13.5%), from -€8,199 to -€7,090
- Other operating charges +€451
up €451 (+41.6%), from €1,084 to €1,536
- Financial income -€275
no longer reported in 2025 (was €275)
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 | €57,949 | €48,319 | -€9,629 | -16.6% |
| Fixed assets | 21/28 | €6,413 | €3,622 | -€2,791 | -43.5% |
| Tangible fixed assets | 22/27 | €6,413 | €3,622 | -€2,791 | -43.5% |
| Furniture and vehicles | 24 | €6,413 | €3,622 | -€2,791 | -43.5% |
| Current assets | 29/58 | €51,535 | €44,697 | -€6,838 | -13.3% |
| Amounts receivable within one year | 40/41 | €6,121 | €4,755 | -€1,366 | -22.3% |
| Other amounts receivable | 41 | €6,121 | €4,755 | -€1,366 | -22.3% |
| Cash at bank and in hand | 54/58 | €44,822 | €39,342 | -€5,480 | -12.2% |
| Deferred charges and accrued income | 490/1 | €592 | €600 | +€8 | +1.3% |
| Total equity and liabilities | 10/49 | €57,949 | €48,319 | -€9,629 | -16.6% |
| Equity | 10/15 | €55,893 | €44,128 | -€11,765 | -21.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €31,860 | €31,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,633 | -€132 | -€11,765 | |
| Amounts payable | 17/49 | €2,056 | €4,191 | +€2,135 | +104% |
| Amounts payable within one year | 42/48 | €2,056 | €4,191 | +€2,135 | +104% |
| Trade debts | 44 | €1,820 | €1,389 | -€432 | -23.7% |
| Suppliers | 440/4 | €1,820 | €1,389 | -€432 | -23.7% |
| Taxes, remuneration and social security | 45 | €235 | €247 | +€12 | +5.1% |
| Taxes | 450/3 | €235 | €247 | +€12 | +5.1% |
| Other amounts payable | 47/48 | - | €2,555 | +€2,555 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,144 | €2,791 | -€1,353 | -32.7% |
| Other operating charges | 640/8 | €1,084 | €1,536 | +€451 | +41.6% |
| Gross operating margin | 9900 | -€8,199 | -€7,090 | +€1,109 | +13.5% |
| Operating profit (loss) | 9901 | -€13,428 | -€11,417 | +€2,011 | +15.0% |
| Financial income | 75/76B | €275 | - | -€275 | |
| Recurring financial income | 75 | €275 | - | -€275 | |
| Financial charges | 65/66B | €116 | €100 | -€15 | -13.4% |
| Recurring financial charges | 65 | €116 | €100 | -€15 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | -€13,269 | -€11,517 | +€1,751 | +13.2% |
| Income taxes | 67/77 | €235 | €247 | +€12 | +5.1% |
| Profit (loss) for the period | 9904 | -€13,504 | -€11,765 | +€1,739 | +12.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,504 | -€11,765 | +€1,739 | +12.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.