MY Choice: 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.
MY Choice
Largest movements
- Receivables within one year -€123,539
down €123,539 (-76.8%), from €160,905 to €37,366
of which Other amounts receivable: -€80,864
- Cash +€68,822
up €68,822 (+238%), from €28,945 to €97,767
mainly Receivables within one year (+€123,539) and Net result for the year (+€13,708)
- Tangible fixed assets +€15,985
up €15,985 (+319%), from €5,006 to €20,991
of which Furniture and vehicles: +€13,761
- Financial fixed assets -€4,136
down €4,136 (-90.3%), from €4,582 to €446
- Trade debts -€43,544
down €43,544 (-87.3%), from €49,852 to €6,307
- Profit (loss) carried forward +€13,708
up €13,708 (+56.4%), from €24,324 to €38,032
- Tax, wage and social debts -€11,281
down €11,281 (-44.8%), from €25,182 to €13,901
of which Remuneration and social security: -€7,478
- Accrued charges and deferred income -€3,942
down €3,942 (-85.3%), from €4,618 to €677
- Staff costs -€55,819
down €55,819 (-97.0%), from €57,574 to €1,755
- Write-downs +€41,613
up €41,613 (+46.9%), from €88,819 to €130,432
- Gross operating margin -€31,916
down €31,916 (-16.7%), from €190,584 to €158,667
- Other operating charges -€6,415
down €6,415 (-98.4%), from €6,518 to €103
- Financial charges -€6,109
down €6,109 (-92.3%), from €6,619 to €510
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 | €201,749 | €156,569 | -€45,180 | -22.4% |
| Fixed assets | 21/28 | €11,056 | €21,437 | +€10,381 | +93.9% |
| Intangible fixed assets | 21 | €1,468 | - | -€1,468 | |
| Tangible fixed assets | 22/27 | €5,006 | €20,991 | +€15,985 | +319% |
| Land and buildings | 22 | - | €2,715 | +€2,715 | |
| Plant, machinery and equipment | 23 | €889 | €398 | -€491 | -55.2% |
| Furniture and vehicles | 24 | €4,117 | €17,879 | +€13,761 | +334% |
| Financial fixed assets | 28 | €4,582 | €446 | -€4,136 | -90.3% |
| Current assets | 29/58 | €190,693 | €135,132 | -€55,560 | -29.1% |
| Amounts receivable within one year | 40/41 | €160,905 | €37,366 | -€123,539 | -76.8% |
| Trade receivables | 40 | €45,114 | €2,439 | -€42,675 | -94.6% |
| Other amounts receivable | 41 | €115,791 | €34,926 | -€80,864 | -69.8% |
| Cash at bank and in hand | 54/58 | €28,945 | €97,767 | +€68,822 | +238% |
| Deferred charges and accrued income | 490/1 | €843 | - | -€843 | |
| Total equity and liabilities | 10/49 | €201,749 | €156,569 | -€45,180 | -22.4% |
| Equity | 10/15 | €121,977 | €135,684 | +€13,708 | +11.2% |
| Contributions | 10/11 | €6,201 | €6,201 | = | 0.0% |
| Reserves | 13 | €91,452 | €91,452 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €89,597 | €89,597 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,324 | €38,032 | +€13,708 | +56.4% |
| Amounts payable | 17/49 | €79,772 | €20,885 | -€58,887 | -73.8% |
| Amounts payable within one year | 42/48 | €75,154 | €20,208 | -€54,946 | -73.1% |
| Trade debts | 44 | €49,852 | €6,307 | -€43,544 | -87.3% |
| Suppliers | 440/4 | €49,852 | €6,307 | -€43,544 | -87.3% |
| Taxes, remuneration and social security | 45 | €25,182 | €13,901 | -€11,281 | -44.8% |
| Taxes | 450/3 | €17,704 | €13,901 | -€3,803 | -21.5% |
| Remuneration and social security | 454/9 | €7,478 | - | -€7,478 | |
| Other amounts payable | 47/48 | €120 | - | -€120 | |
| Accrued charges and deferred income | 492/3 | €4,618 | €677 | -€3,942 | -85.3% |
| Remuneration, social security and pensions | 62 | €57,574 | €1,755 | -€55,819 | -97.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,352 | €4,896 | -€4,455 | -47.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €88,819 | €130,432 | +€41,613 | +46.9% |
| Other operating charges | 640/8 | €6,518 | €103 | -€6,415 | -98.4% |
| Gross operating margin | 9900 | €190,584 | €158,667 | -€31,916 | -16.7% |
| Operating profit (loss) | 9901 | €28,320 | €21,480 | -€6,840 | -24.2% |
| Financial income | 75/76B | €1,588 | €150 | -€1,439 | -90.6% |
| Recurring financial income | 75 | €1,588 | €150 | -€1,439 | -90.6% |
| Financial charges | 65/66B | €6,619 | €510 | -€6,109 | -92.3% |
| Recurring financial charges | 65 | €6,619 | €510 | -€6,109 | -92.3% |
| Profit (loss) for the period before taxes | 9903 | €23,290 | €21,120 | -€2,170 | -9.3% |
| Income taxes | 67/77 | €10,694 | €7,413 | -€3,281 | -30.7% |
| Profit (loss) for the period | 9904 | €12,597 | €13,708 | +€1,111 | +8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,597 | €13,708 | +€1,111 | +8.8% |
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 14 October 2026 via checked.be.