Nemo tenetur: 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.
Nemo tenetur
Largest movements
- Current investments -€40,221
down €40,221 (-100%), from €40,221 to €0
- Cash +€9,253
up €9,253 (+22.8%), from €40,541 to €49,794
mainly Net result for the year (+€64,640) and Other debts (+€64,640)
- Receivables within one year -€5,945
down €5,945 (-23.1%), from €25,752 to €19,807
of which Other amounts receivable: -€5,257
- Reserves -€105,000
down €105,000 (-97.1%), from €108,138 to €3,138
- Other debts +€64,640
new in 2025: €64,640
- Tax, wage and social debts +€2,929
up €2,929 (+10.6%), from €27,612 to €30,541
- Financial charges +€1,620
up €1,620 (+88.6%), from €1,829 to €3,449
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 | €139,469 | €101,781 | -€37,689 | -27.0% |
| Fixed assets | 21/28 | €1,218 | €667 | -€551 | -45.2% |
| Tangible fixed assets | 22/27 | €1,218 | €667 | -€551 | -45.2% |
| Plant, machinery and equipment | 23 | €540 | €141 | -€400 | -74.0% |
| Furniture and vehicles | 24 | €678 | €527 | -€151 | -22.3% |
| Current assets | 29/58 | €138,251 | €101,113 | -€37,138 | -26.9% |
| Amounts receivable within one year | 40/41 | €25,752 | €19,807 | -€5,945 | -23.1% |
| Trade receivables | 40 | €688 | €0 | -€688 | -100% |
| Other amounts receivable | 41 | €25,064 | €19,807 | -€5,257 | -21.0% |
| Current investments | 50/53 | €40,221 | €0 | -€40,221 | -100% |
| Cash at bank and in hand | 54/58 | €40,541 | €49,794 | +€9,253 | +22.8% |
| Deferred charges and accrued income | 490/1 | €31,738 | €31,513 | -€225 | -0.7% |
| Total equity and liabilities | 10/49 | €139,469 | €101,781 | -€37,689 | -27.0% |
| Equity | 10/15 | €111,139 | €6,139 | -€105,000 | -94.5% |
| Contributions | 10/11 | €3,001 | €3,001 | = | 0.0% |
| Reserves | 13 | €108,138 | €3,138 | -€105,000 | -97.1% |
| Distributable reserves | 133 | €108,138 | €3,138 | -€105,000 | -97.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €28,330 | €95,641 | +€67,311 | +238% |
| Amounts payable within one year | 42/48 | €28,273 | €95,517 | +€67,244 | +238% |
| Trade debts | 44 | €661 | €336 | -€325 | -49.2% |
| Suppliers | 440/4 | €661 | €336 | -€325 | -49.2% |
| Taxes, remuneration and social security | 45 | €27,612 | €30,541 | +€2,929 | +10.6% |
| Taxes | 450/3 | €27,612 | €30,541 | +€2,929 | +10.6% |
| Other amounts payable | 47/48 | - | €64,640 | +€64,640 | |
| Accrued charges and deferred income | 492/3 | €57 | €125 | +€67 | +118% |
| Non-recurring operating income | 76A | €4,802 | €0 | -€4,802 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €565 | €551 | -€14 | -2.5% |
| Other operating charges | 640/8 | €491 | €505 | +€14 | +2.9% |
| Gross operating margin | 9900 | €83,604 | €83,816 | +€212 | +0.3% |
| Operating profit (loss) | 9901 | €82,548 | €82,760 | +€212 | +0.3% |
| Financial income | 75/76B | €1,429 | €2,038 | +€609 | +42.6% |
| Recurring financial income | 75 | €1,429 | €2,038 | +€609 | +42.6% |
| Financial charges | 65/66B | €1,829 | €3,449 | +€1,620 | +88.6% |
| Recurring financial charges | 65 | €1,829 | €3,449 | +€1,620 | +88.6% |
| Profit (loss) for the period before taxes | 9903 | €82,148 | €81,349 | -€799 | -1.0% |
| Income taxes | 67/77 | €16,619 | €16,709 | +€90 | +0.5% |
| Profit (loss) for the period | 9904 | €65,528 | €64,640 | -€888 | -1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €65,528 | €64,640 | -€888 | -1.4% |
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 16 October 2026 via checked.be.