Mock-up: 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.
Mock-up
Largest movements
- Cash -€23,129
down €23,129 (-95.0%), from €24,351 to €1,222
mainly Net result for the year (-€15,601) and Tax, wage and social debts (-€6,977)
- Receivables within one year -€4,113
down €4,113 (-57.7%), from €7,131 to €3,018
of which Trade receivables: -€5,298
- Tangible fixed assets +€655
up €655 (+11.7%), from €5,596 to €6,251
of which Furniture and vehicles: +€900
- Profit (loss) carried forward -€15,601
down €15,601 (-155.5%), from -€10,030 to -€25,631
- Tax, wage and social debts -€6,977
down €6,977 (-100.0%), from €6,977 to €0
- Other debts -€4,000
down €4,000 (-17.3%), from €23,065 to €19,065
- Turnover -€114,670
down €114,670 (-99.2%), from €115,550 to €880
- Purchases and services -€62,746
down €62,746 (-84.3%), from €74,423 to €11,677
- Gross operating margin -€51,924
down €51,924, from €41,127 to -€10,797
- Depreciation +€2,190
up €2,190 (+155.0%), from €1,413 to €3,603
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 | €38,612 | €12,034 | -€26,578 | -68.8% |
| Fixed assets | 21/28 | €7,129 | €7,780 | +€651 | +9.1% |
| Intangible fixed assets | 21 | €1,533 | €1,529 | -€4 | -0.3% |
| Tangible fixed assets | 22/27 | €5,596 | €6,251 | +€655 | +11.7% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €681 | €435 | -€246 | -36.1% |
| Furniture and vehicles | 24 | €4,916 | €5,816 | +€900 | +18.3% |
| Current assets | 29/58 | €31,482 | €4,254 | -€27,228 | -86.5% |
| Amounts receivable after more than one year | 29 | - | €14 | +€14 | |
| Trade receivables | 290 | - | €14 | +€14 | |
| Amounts receivable within one year | 40/41 | €7,131 | €3,018 | -€4,113 | -57.7% |
| Trade receivables | 40 | €5,298 | €0 | -€5,298 | -100.0% |
| Other amounts receivable | 41 | €1,834 | €3,018 | +€1,184 | +64.6% |
| Cash at bank and in hand | 54/58 | €24,351 | €1,222 | -€23,129 | -95.0% |
| Total equity and liabilities | 10/49 | €38,612 | €12,034 | -€26,578 | -68.8% |
| Equity | 10/15 | €8,570 | -€7,031 | -€15,601 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,030 | -€25,631 | -€15,601 | -155.5% |
| Amounts payable | 17/49 | €30,042 | €19,065 | -€10,977 | -36.5% |
| Amounts payable within one year | 42/48 | €30,042 | €19,065 | -€10,977 | -36.5% |
| Taxes, remuneration and social security | 45 | €6,977 | €0 | -€6,977 | -100.0% |
| Taxes | 450/3 | €6,977 | €0 | -€6,977 | -100.0% |
| Other amounts payable | 47/48 | €23,065 | €19,065 | -€4,000 | -17.3% |
| Turnover | 70 | €115,550 | €880 | -€114,670 | -99.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €74,423 | €11,677 | -€62,746 | -84.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,413 | €3,603 | +€2,190 | +155.0% |
| Other operating charges | 640/8 | €962 | €774 | -€188 | -19.5% |
| Non-recurring operating charges | 66A | €10,363 | €138 | -€10,225 | -98.7% |
| Gross operating margin | 9900 | €41,127 | -€10,797 | -€51,924 | |
| Operating profit (loss) | 9901 | €28,389 | -€15,312 | -€43,701 | |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €28,344 | -€15,357 | -€43,701 | |
| Income taxes | 67/77 | €350 | €244 | -€106 | -30.3% |
| Profit (loss) for the period | 9904 | €27,994 | -€15,601 | -€43,595 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,994 | -€15,601 | -€43,595 |
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.