MOVE: 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.
MOVE
Largest movements
- Receivables within one year -€220,657
down €220,657 (-24.7%), from €894,633 to €673,976
of which Other amounts receivable: -€194,613
- Other debts -€151,828
no longer reported in 2025 (was €151,828)
- Reserves -€60,074
down €60,074 (-40.8%), from €147,346 to €87,272
- Trade debts -€9,075
down €9,075 (-39.2%), from €23,135 to €14,060
- Financial income -€137,000
no longer reported in 2025 (was €137,000)
- Gross operating margin +€58,752
up €58,752 (+71.6%), from -€82,030 to -€23,278
- Financial charges +€6,960
up €6,960 (+24.2%), from €28,718 to €35,678
- Other operating charges +€1,000
up €1,000 (+847.9%), from €118 to €1,118
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 | €895,273 | €674,297 | -€220,977 | -24.7% |
| Current assets | 29/58 | €895,273 | €674,297 | -€220,977 | -24.7% |
| Amounts receivable within one year | 40/41 | €894,633 | €673,976 | -€220,657 | -24.7% |
| Trade receivables | 40 | €26,044 | - | -€26,044 | |
| Other amounts receivable | 41 | €868,589 | €673,976 | -€194,613 | -22.4% |
| Cash at bank and in hand | 54/58 | €494 | €321 | -€173 | -35.1% |
| Deferred charges and accrued income | 490/1 | €146 | - | -€146 | |
| Total equity and liabilities | 10/49 | €895,273 | €674,297 | -€220,977 | -24.7% |
| Equity | 10/15 | €369,746 | €309,672 | -€60,074 | -16.2% |
| Contributions | 10/11 | €222,400 | €222,400 | = | 0.0% |
| Reserves | 13 | €147,346 | €87,272 | -€60,074 | -40.8% |
| Distributable reserves | 133 | €147,346 | €87,272 | -€60,074 | -40.8% |
| Amounts payable | 17/49 | €525,528 | €364,625 | -€160,903 | -30.6% |
| Amounts payable after more than one year | 17 | €350,000 | €350,000 | = | 0.0% |
| Other amounts payable | 178/9 | €350,000 | €350,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €175,528 | €14,625 | -€160,903 | -91.7% |
| Trade debts | 44 | €23,135 | €14,060 | -€9,075 | -39.2% |
| Suppliers | 440/4 | €23,135 | €14,060 | -€9,075 | -39.2% |
| Taxes, remuneration and social security | 45 | €565 | €565 | = | 0.0% |
| Taxes | 450/3 | €565 | €565 | = | 0.0% |
| Other amounts payable | 47/48 | €151,828 | - | -€151,828 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €569 | - | -€569 | |
| Other operating charges | 640/8 | €118 | €1,118 | +€1,000 | +847.9% |
| Gross operating margin | 9900 | -€82,030 | -€23,278 | +€58,752 | +71.6% |
| Operating profit (loss) | 9901 | -€82,717 | -€24,396 | +€58,320 | +70.5% |
| Financial income | 75/76B | €137,000 | - | -€137,000 | |
| Recurring financial income | 75 | €137,000 | - | -€137,000 | |
| Financial charges | 65/66B | €28,718 | €35,678 | +€6,960 | +24.2% |
| Recurring financial charges | 65 | €28,718 | €35,678 | +€6,960 | +24.2% |
| Profit (loss) for the period before taxes | 9903 | €25,565 | -€60,074 | -€85,640 | |
| Income taxes | 67/77 | €565 | - | -€565 | |
| Profit (loss) for the period | 9904 | €25,001 | -€60,074 | -€85,075 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,001 | -€60,074 | -€85,075 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.