MODEL'ONGLE: 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.
MODEL'ONGLE
Largest movements
- Receivables within one year -€886
down €886 (-1.2%), from €75,254 to €74,368
- Tax, wage and social debts +€7,116
up €7,116 (+853.2%), from €834 to €7,950
of which Remuneration and social security: +€6,000
- Profit (loss) carried forward -€5,269
down €5,269 (-6.3%), from -€83,784 to -€89,053
- Other debts -€1,292
down €1,292 (-1.8%), from €71,189 to €69,897
- Gross operating margin +€5,260
up €5,260 (+62.4%), from -€8,430 to -€3,170
- Other operating charges -€306
down €306 (-19.7%), from €1,554 to €1,248
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 | €77,895 | €77,607 | -€288 | -0.4% |
| Fixed assets | 21/28 | €1,113 | €1,113 | = | 0.0% |
| Financial fixed assets | 28 | €1,113 | €1,113 | = | 0.0% |
| Current assets | 29/58 | €76,782 | €76,494 | -€288 | -0.4% |
| Stocks and contracts in progress | 3 | €891 | €917 | +€26 | +2.9% |
| Stocks | 30/36 | €891 | €917 | +€26 | +2.9% |
| Amounts receivable within one year | 40/41 | €75,254 | €74,368 | -€886 | -1.2% |
| Trade receivables | 40 | €75,254 | €74,368 | -€886 | -1.2% |
| Cash at bank and in hand | 54/58 | €637 | €1,209 | +€572 | +89.8% |
| Total equity and liabilities | 10/49 | €77,895 | €77,607 | -€288 | -0.4% |
| Equity | 10/15 | -€74,488 | -€79,757 | -€5,269 | -7.1% |
| Contributions | 10/11 | €9,296 | €9,296 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,784 | -€89,053 | -€5,269 | -6.3% |
| Amounts payable | 17/49 | €152,383 | €157,364 | +€4,981 | +3.3% |
| Amounts payable within one year | 42/48 | €152,383 | €157,364 | +€4,981 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €75,801 | €75,801 | = | 0.0% |
| Financial debts | 43 | €2,670 | €2,488 | -€182 | -6.8% |
| Credit institutions | 430/8 | €2,670 | €2,488 | -€182 | -6.8% |
| Trade debts | 44 | €1,889 | €1,228 | -€661 | -35.0% |
| Suppliers | 440/4 | €1,889 | €1,228 | -€661 | -35.0% |
| Taxes, remuneration and social security | 45 | €834 | €7,950 | +€7,116 | +853.2% |
| Taxes | 450/3 | €834 | €1,950 | +€1,116 | +133.8% |
| Remuneration and social security | 454/9 | - | €6,000 | +€6,000 | |
| Other amounts payable | 47/48 | €71,189 | €69,897 | -€1,292 | -1.8% |
| Other operating charges | 640/8 | €1,554 | €1,248 | -€306 | -19.7% |
| Gross operating margin | 9900 | -€8,430 | -€3,170 | +€5,260 | +62.4% |
| Operating profit (loss) | 9901 | -€9,984 | -€4,418 | +€5,566 | +55.7% |
| Financial income | 75/76B | €9 | - | -€9 | |
| Recurring financial income | 75 | €9 | - | -€9 | |
| Financial charges | 65/66B | €853 | €851 | -€2 | -0.2% |
| Recurring financial charges | 65 | €853 | €851 | -€2 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | -€10,828 | -€5,269 | +€5,559 | +51.3% |
| Profit (loss) for the period | 9904 | -€10,828 | -€5,269 | +€5,559 | +51.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,828 | -€5,269 | +€5,559 | +51.3% |
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 8 October 2026 via checked.be.