MOVE IT FORWARD: 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 IT FORWARD
Largest movements
- Receivables within one year -€145,439
down €145,439 (-23.5%), from €618,435 to €472,995
of which Other amounts receivable: -€165,905
- Cash +€20,618
up €20,618 (+73.2%), from €28,159 to €48,776
mainly Receivables within one year (+€145,439) and Depreciation (+€1,265)
- Other debts -€78,675
down €78,675 (-62.7%), from €125,514 to €46,839
- Profit (loss) carried forward -€45,867
new in 2025: -€45,867
- Gross operating margin -€13,504
down €13,504 (-40.8%), from €33,058 to €19,554
- Taxes -€6,332
down €6,332 (-100%), from €6,332 to €0
- Financial charges -€2,341
down €2,341 (-27.7%), from €8,437 to €6,096
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 | €647,956 | €521,870 | -€126,086 | -19.5% |
| Fixed assets | 21/28 | €1,363 | €99 | -€1,265 | -92.8% |
| Tangible fixed assets | 22/27 | €1,363 | €99 | -€1,265 | -92.8% |
| Plant, machinery and equipment | 23 | €139 | €0 | -€139 | -100% |
| Furniture and vehicles | 24 | €1,225 | €99 | -€1,126 | -91.9% |
| Current assets | 29/58 | €646,593 | €521,772 | -€124,822 | -19.3% |
| Amounts receivable within one year | 40/41 | €618,435 | €472,995 | -€145,439 | -23.5% |
| Trade receivables | 40 | €447,034 | €467,500 | +€20,466 | +4.6% |
| Other amounts receivable | 41 | €171,401 | €5,495 | -€165,905 | -96.8% |
| Cash at bank and in hand | 54/58 | €28,159 | €48,776 | +€20,618 | +73.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €647,956 | €521,870 | -€126,086 | -19.5% |
| Equity | 10/15 | €517,536 | €471,669 | -€45,867 | -8.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €505,136 | €505,136 | = | 0.0% |
| Distributable reserves | 133 | €505,136 | €505,136 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€45,867 | -€45,867 | |
| Amounts payable | 17/49 | €130,421 | €50,201 | -€80,220 | -61.5% |
| Amounts payable within one year | 42/48 | €130,421 | €50,201 | -€80,220 | -61.5% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €453 | €576 | +€123 | +27.2% |
| Suppliers | 440/4 | €453 | €576 | +€123 | +27.2% |
| Taxes, remuneration and social security | 45 | €4,454 | €2,786 | -€1,668 | -37.4% |
| Taxes | 450/3 | €4,454 | €2,786 | -€1,668 | -37.4% |
| Other amounts payable | 47/48 | €125,514 | €46,839 | -€78,675 | -62.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,421 | €1,265 | -€156 | -11.0% |
| Other operating charges | 640/8 | €1,270 | €1,060 | -€211 | -16.6% |
| Non-recurring operating charges | 66A | - | €57,000 | +€57,000 | |
| Gross operating margin | 9900 | €33,058 | €19,554 | -€13,504 | -40.8% |
| Operating profit (loss) | 9901 | €30,367 | -€39,770 | -€70,137 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €8,437 | €6,096 | -€2,341 | -27.7% |
| Recurring financial charges | 65 | €8,437 | €6,096 | -€2,341 | -27.7% |
| Profit (loss) for the period before taxes | 9903 | €21,930 | -€45,867 | -€67,797 | |
| Income taxes | 67/77 | €6,332 | €0 | -€6,332 | -100% |
| Profit (loss) for the period | 9904 | €15,598 | -€45,867 | -€61,464 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,598 | -€45,867 | -€61,464 |
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 27 October 2026 via checked.be.