MOVE: 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.
MOVE
Largest movements
- Intangible fixed assets -€76,478
down €76,478 (-64.5%), from €118,596 to €42,118
- Profit (loss) carried forward -€98,438
down €98,438 (-17.6%), from -€559,903 to -€658,341
- Debts after one year +€21,308
up €21,308 (+3.2%), from €663,634 to €684,942
- Depreciation -€22,186
down €22,186 (-22.5%), from €98,664 to €76,478
- Gross operating margin +€1,296
up €1,296 (+56.6%), from -€2,289 to -€993
- Financial charges +€926
up €926 (+4.8%), from €19,323 to €20,249
- Other operating charges +€127
up €127 (+21.5%), from €590 to €718
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 | €119,310 | €43,039 | -€76,270 | -63.9% |
| Fixed assets | 21/28 | €118,596 | €42,118 | -€76,478 | -64.5% |
| Intangible fixed assets | 21 | €118,596 | €42,118 | -€76,478 | -64.5% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Current assets | 29/58 | €713 | €921 | +€208 | +29.2% |
| Amounts receivable within one year | 40/41 | €442 | €5 | -€437 | -99.0% |
| Other amounts receivable | 41 | €442 | €5 | -€437 | -99.0% |
| Cash at bank and in hand | 54/58 | €48 | €916 | +€869 | +1829.4% |
| Deferred charges and accrued income | 490/1 | €224 | €0 | -€224 | -100.0% |
| Total equity and liabilities | 10/49 | €119,310 | €43,039 | -€76,270 | -63.9% |
| Equity | 10/15 | -€549,903 | -€648,341 | -€98,438 | -17.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€559,903 | -€658,341 | -€98,438 | -17.6% |
| Amounts payable | 17/49 | €669,213 | €691,380 | +€22,167 | +3.3% |
| Amounts payable after more than one year | 17 | €663,634 | €684,942 | +€21,308 | +3.2% |
| Other amounts payable | 178/9 | €663,634 | €684,942 | +€21,308 | +3.2% |
| Amounts payable within one year | 42/48 | €5,578 | €6,438 | +€860 | +15.4% |
| Trade debts | 44 | €5,578 | €6,438 | +€860 | +15.4% |
| Suppliers | 440/4 | €5,578 | €6,438 | +€860 | +15.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €98,664 | €76,478 | -€22,186 | -22.5% |
| Other operating charges | 640/8 | €590 | €718 | +€127 | +21.5% |
| Gross operating margin | 9900 | -€2,289 | -€993 | +€1,296 | +56.6% |
| Operating profit (loss) | 9901 | -€101,543 | -€78,189 | +€23,355 | +23.0% |
| Financial income | 75/76B | €12 | €0 | -€12 | -100.0% |
| Recurring financial income | 75 | €12 | €0 | -€12 | -100.0% |
| Financial charges | 65/66B | €19,323 | €20,249 | +€926 | +4.8% |
| Recurring financial charges | 65 | €19,323 | €20,249 | +€926 | +4.8% |
| Profit (loss) for the period before taxes | 9903 | -€120,854 | -€98,438 | +€22,417 | +18.5% |
| Profit (loss) for the period | 9904 | -€120,854 | -€98,438 | +€22,417 | +18.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€120,854 | -€98,438 | +€22,417 | +18.5% |
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 5 October 2026 via checked.be.