MOVE FUSION: 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 FUSION
Largest movements
- Tangible fixed assets -€35,128
down €35,128 (-33.8%), from €103,810 to €68,682
of which Plant, machinery and equipment: -€17,941
- Intangible fixed assets -€2,000
down €2,000 (-40.0%), from €5,000 to €3,000
- Debts after one year -€18,922
down €18,922 (-69.3%), from €27,297 to €8,375
- Profit (loss) carried forward -€15,663
down €15,663 (-66.7%), from €23,501 to €7,837
- Current portion of long-term debt -€7,638
down €7,638 (-28.3%), from €26,971 to €19,333
- Trade debts +€6,464
up €6,464 (+167%), from €3,872 to €10,336
- Short-term financial debts -€2,754
down €2,754 (-48.3%), from €5,700 to €2,946
- Staff costs +€25,998
new in 2025: €25,998
- Gross operating margin +€16,139
up €16,139 (+40.4%), from €39,980 to €56,119
- Other operating charges +€2,281
up €2,281 (+97.3%), from €2,344 to €4,625
- Depreciation -€893
down €893 (-2.2%), from €41,002 to €40,109
- Financial charges -€617
down €617 (-41.4%), from €1,488 to €872
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.
Derived cash bridge
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 | €130,465 | €93,328 | -€37,137 | -28.5% |
| Fixed assets | 21/28 | €127,069 | €90,146 | -€36,923 | -29.1% |
| Intangible fixed assets | 21 | €5,000 | €3,000 | -€2,000 | -40.0% |
| Tangible fixed assets | 22/27 | €103,810 | €68,682 | -€35,128 | -33.8% |
| Plant, machinery and equipment | 23 | €52,143 | €34,203 | -€17,941 | -34.4% |
| Furniture and vehicles | 24 | €656 | €125 | -€531 | -81.0% |
| Leasing and similar rights | 25 | €39,061 | €25,483 | -€13,579 | -34.8% |
| Other tangible fixed assets | 26 | €11,950 | €8,872 | -€3,077 | -25.8% |
| Financial fixed assets | 28 | €18,259 | €18,464 | +€205 | +1.1% |
| Current assets | 29/58 | €3,396 | €3,182 | -€214 | -6.3% |
| Stocks and contracts in progress | 3 | €2,140 | €1,915 | -€225 | -10.5% |
| Stocks | 30/36 | €2,140 | €1,915 | -€225 | -10.5% |
| Amounts receivable within one year | 40/41 | €1,256 | €1,203 | -€53 | -4.3% |
| Trade receivables | 40 | €1,256 | €1,203 | -€53 | -4.3% |
| Cash at bank and in hand | 54/58 | - | €64 | +€64 | |
| Total equity and liabilities | 10/49 | €130,465 | €93,328 | -€37,137 | -28.5% |
| Equity | 10/15 | €62,001 | €46,337 | -€15,663 | -25.3% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €3,500 | €3,500 | = | 0.0% |
| Distributable reserves | 133 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,501 | €7,837 | -€15,663 | -66.7% |
| Amounts payable | 17/49 | €68,465 | €46,991 | -€21,474 | -31.4% |
| Amounts payable after more than one year | 17 | €27,297 | €8,375 | -€18,922 | -69.3% |
| Financial debts | 170/4 | €27,297 | €8,375 | -€18,922 | -69.3% |
| Amounts payable within one year | 42/48 | €41,168 | €38,088 | -€3,080 | -7.5% |
| Current portion of amounts payable after more than one year | 42 | €26,971 | €19,333 | -€7,638 | -28.3% |
| Financial debts | 43 | €5,700 | €2,946 | -€2,754 | -48.3% |
| Credit institutions | 430/8 | €5,700 | €2,946 | -€2,754 | -48.3% |
| Trade debts | 44 | €3,872 | €10,336 | +€6,464 | +167% |
| Suppliers | 440/4 | €3,872 | €10,336 | +€6,464 | +167% |
| Taxes, remuneration and social security | 45 | €3,124 | €5,013 | +€1,889 | +60.5% |
| Taxes | 450/3 | €1,792 | €2,212 | +€420 | +23.4% |
| Remuneration and social security | 454/9 | €1,332 | €2,801 | +€1,469 | +110% |
| Other amounts payable | 47/48 | €1,500 | €460 | -€1,040 | -69.4% |
| Accrued charges and deferred income | 492/3 | - | €528 | +€528 | |
| Remuneration, social security and pensions | 62 | - | €25,998 | +€25,998 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,002 | €40,109 | -€893 | -2.2% |
| Other operating charges | 640/8 | €2,344 | €4,625 | +€2,281 | +97.3% |
| Gross operating margin | 9900 | €39,980 | €56,119 | +€16,139 | +40.4% |
| Operating profit (loss) | 9901 | -€3,366 | -€14,613 | -€11,247 | -334% |
| Financial income | 75/76B | €64 | €0 | -€64 | -99.9% |
| Recurring financial income | 75 | €64 | €0 | -€64 | -99.9% |
| Financial charges | 65/66B | €1,488 | €872 | -€617 | -41.4% |
| Recurring financial charges | 65 | €1,488 | €872 | -€617 | -41.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,790 | -€15,484 | -€10,694 | -223% |
| Income taxes | 67/77 | €195 | €179 | -€16 | -8.0% |
| Profit (loss) for the period | 9904 | -€4,985 | -€15,663 | -€10,679 | -214% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,985 | -€15,663 | -€10,679 | -214% |
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 23 October 2026 via checked.be.