MOODBOARD: 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.
MOODBOARD
Largest movements
- Cash -€16,777
down €16,777 (-27.0%), from €62,046 to €45,270
mainly Contributions, distributions and other (-€58,824) and Deferred charges and accrued income (-€2,877)
- Tangible fixed assets -€5,832
down €5,832 (-21.7%), from €26,922 to €21,090
of which Furniture and vehicles: -€4,388
- Receivables within one year -€4,377
down €4,377 (-15.2%), from €28,822 to €24,445
of which Other amounts receivable: -€25,000
- Deferred charges and accrued income +€2,877
new in 2025: €2,877
- Profit (loss) carried forward -€37,788
down €37,788 (-36.1%), from €104,575 to €66,787
- Tax, wage and social debts +€15,337
up €15,337 (+160.5%), from €9,557 to €24,895
- Other debts -€1,658
no longer reported in 2025 (was €1,658)
- Financial income -€6,473
no longer reported in 2025 (was €6,473)
of which Financial income: -€6,473
- Taxes -€777
down €777 (-10.0%), from €7,798 to €7,021
- Depreciation +€503
up €503 (+6.5%), from €7,781 to €8,284
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 | €117,790 | €93,682 | -€24,109 | -20.5% |
| Fixed assets | 21/28 | €26,922 | €21,090 | -€5,832 | -21.7% |
| Tangible fixed assets | 22/27 | €26,922 | €21,090 | -€5,832 | -21.7% |
| Land and buildings | 22 | €1,417 | €768 | -€648 | -45.8% |
| Plant, machinery and equipment | 23 | €6,353 | €5,557 | -€796 | -12.5% |
| Furniture and vehicles | 24 | €19,152 | €14,764 | -€4,388 | -22.9% |
| Current assets | 29/58 | €90,868 | €72,592 | -€18,276 | -20.1% |
| Amounts receivable within one year | 40/41 | €28,822 | €24,445 | -€4,377 | -15.2% |
| Trade receivables | 40 | €3,822 | €24,445 | +€20,623 | +539.6% |
| Other amounts receivable | 41 | €25,000 | - | -€25,000 | |
| Cash at bank and in hand | 54/58 | €62,046 | €45,270 | -€16,777 | -27.0% |
| Deferred charges and accrued income | 490/1 | - | €2,877 | +€2,877 | |
| Total equity and liabilities | 10/49 | €117,790 | €93,682 | -€24,109 | -20.5% |
| Equity | 10/15 | €106,575 | €68,787 | -€37,788 | -35.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €104,575 | €66,787 | -€37,788 | -36.1% |
| Amounts payable | 17/49 | €11,216 | €24,895 | +€13,679 | +122.0% |
| Amounts payable within one year | 42/48 | €11,216 | €24,895 | +€13,679 | +122.0% |
| Taxes, remuneration and social security | 45 | €9,557 | €24,895 | +€15,337 | +160.5% |
| Taxes | 450/3 | €9,557 | €24,895 | +€15,337 | +160.5% |
| Other amounts payable | 47/48 | €1,658 | - | -€1,658 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,781 | €8,284 | +€503 | +6.5% |
| Other operating charges | 640/8 | €1,418 | €1,260 | -€158 | -11.2% |
| Gross operating margin | 9900 | €37,709 | €37,657 | -€52 | -0.1% |
| Operating profit (loss) | 9901 | €28,510 | €28,113 | -€397 | -1.4% |
| Financial income | 75/76B | €6,473 | - | -€6,473 | |
| Recurring financial income | 75 | €6,473 | - | -€6,473 | |
| Non-recurring financial income | 76B | €6,473 | - | -€6,473 | |
| Financial charges | 65/66B | €140 | €56 | -€84 | -60.1% |
| Recurring financial charges | 65 | €140 | €56 | -€84 | -60.1% |
| Profit (loss) for the period before taxes | 9903 | €34,843 | €28,057 | -€6,786 | -19.5% |
| Income taxes | 67/77 | €7,798 | €7,021 | -€777 | -10.0% |
| Profit (loss) for the period | 9904 | €27,045 | €21,036 | -€6,009 | -22.2% |
| Profit (loss) for the period to be appropriated | 9905 | €27,045 | €21,036 | -€6,009 | -22.2% |
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 3 October 2026 via checked.be.