NEVER TALK ALONE: what changed
Two fiscal 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.
NEVER TALK ALONE
Largest movements
- Cash -€25,262
down €25,262 (-58.1%), from €43,468 to €18,206
mainly Receivables within one year (-€24,985) and Contributions, distributions and other (-€16,000)
- Receivables within one year +€24,985
up €24,985 (+1588.4%), from €1,573 to €26,558
- Deferred charges and accrued income -€581
down €581 (-96.8%), from €600 to €19
- Other debts -€2,206
down €2,206 (-18.9%), from €11,682 to €9,476
- Tax, wage and social debts +€1,427
up €1,427 (+11.2%), from €12,695 to €14,121
of which Taxes: +€1,721
- Gross operating margin -€8,970
down €8,970 (-27.0%), from €33,191 to €24,222
- Taxes +€664
up €664 (+14.6%), from €4,560 to €5,223
- Depreciation -€468
down €468 (-17.4%), from €2,696 to €2,227
- Financial charges -€377
down €377 (-58.6%), from €643 to €266
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 | €48,138 | €47,061 | -€1,077 | -2.2% |
| Fixed assets | 21/28 | €2,498 | €2,278 | -€220 | -8.8% |
| Tangible fixed assets | 22/27 | €2,448 | €2,228 | -€220 | -9.0% |
| Furniture and vehicles | 24 | €2,001 | €2,186 | +€185 | +9.2% |
| Other tangible fixed assets | 26 | €446 | €42 | -€404 | -90.6% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €45,641 | €44,783 | -€858 | -1.9% |
| Amounts receivable within one year | 40/41 | €1,573 | €26,558 | +€24,985 | +1588.4% |
| Trade receivables | 40 | €1,573 | €26,558 | +€24,985 | +1588.4% |
| Cash at bank and in hand | 54/58 | €43,468 | €18,206 | -€25,262 | -58.1% |
| Deferred charges and accrued income | 490/1 | €600 | €19 | -€581 | -96.8% |
| Total equity and liabilities | 10/49 | €48,138 | €47,061 | -€1,077 | -2.2% |
| Equity | 10/15 | €21,029 | €20,795 | -€234 | -1.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,429 | €2,195 | -€234 | -9.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €569 | €335 | -€234 | -41.1% |
| Amounts payable | 17/49 | €27,109 | €26,266 | -€844 | -3.1% |
| Amounts payable within one year | 42/48 | €27,109 | €26,266 | -€844 | -3.1% |
| Current portion of amounts payable after more than one year | 42 | €1,333 | €1,359 | +€26 | +1.9% |
| Trade debts | 44 | €1,400 | €1,309 | -€90 | -6.5% |
| Suppliers | 440/4 | €1,400 | €1,309 | -€90 | -6.5% |
| Taxes, remuneration and social security | 45 | €12,695 | €14,121 | +€1,427 | +11.2% |
| Taxes | 450/3 | €10,864 | €12,585 | +€1,721 | +15.8% |
| Remuneration and social security | 454/9 | €1,830 | €1,536 | -€294 | -16.1% |
| Other amounts payable | 47/48 | €11,682 | €9,476 | -€2,206 | -18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,696 | €2,227 | -€468 | -17.4% |
| Other operating charges | 640/8 | €1,006 | €739 | -€267 | -26.5% |
| Gross operating margin | 9900 | €33,191 | €24,222 | -€8,970 | -27.0% |
| Operating profit (loss) | 9901 | €29,490 | €21,256 | -€8,234 | -27.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €643 | €266 | -€377 | -58.6% |
| Recurring financial charges | 65 | €643 | €266 | -€377 | -58.6% |
| Profit (loss) for the period before taxes | 9903 | €28,847 | €20,990 | -€7,858 | -27.2% |
| Income taxes | 67/77 | €4,560 | €5,223 | +€664 | +14.6% |
| Profit (loss) for the period | 9904 | €24,287 | €15,766 | -€8,521 | -35.1% |
| Profit (loss) for the period to be appropriated | 9905 | €24,287 | €15,766 | -€8,521 | -35.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.