NEW PROFILE: 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.
NEW PROFILE
Largest movements
- Cash -€13,334
down €13,334 (-50.3%), from €26,483 to €13,149
mainly Net result for the year (-€19,487) and Investment in fixed assets (net) (-€7,405)
- Tangible fixed assets +€3,195
up €3,195 (+32.7%), from €9,784 to €12,979
of which Furniture and vehicles: +€3,525
- Receivables within one year -€1,331
down €1,331 (-39.2%), from €3,396 to €2,065
of which Trade receivables: -€816
- Stocks and contracts +€1,320
up €1,320 (+8.5%), from €15,565 to €16,885
- Profit (loss) carried forward -€19,487
down €19,487 (-33.4%), from -€58,320 to -€77,808
- Tax, wage and social debts +€16,647
up €16,647 (+133%), from €12,547 to €29,194
of which Remuneration and social security: +€16,166
- Other debts -€5,052
down €5,052 (-23.6%), from €21,383 to €16,331
- Trade debts -€2,257
down €2,257 (-96.9%), from €2,329 to €72
- Gross operating margin -€13,873
down €13,873, from €1,255 to -€12,618
- Staff costs -€11,964
down €11,964 (-88.0%), from €13,591 to €1,626
- Depreciation +€1,442
up €1,442 (+52.1%), from €2,767 to €4,210
- Other operating charges -€1,211
down €1,211 (-62.2%), from €1,947 to €736
- Taxes +€641
new in 2025: €641
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 | €57,121 | €46,972 | -€10,149 | -17.8% |
| Fixed assets | 21/28 | €9,844 | €13,039 | +€3,195 | +32.5% |
| Tangible fixed assets | 22/27 | €9,784 | €12,979 | +€3,195 | +32.7% |
| Plant, machinery and equipment | 23 | €330 | - | -€330 | |
| Furniture and vehicles | 24 | €9,454 | €12,979 | +€3,525 | +37.3% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €47,277 | €33,933 | -€13,344 | -28.2% |
| Stocks and contracts in progress | 3 | €15,565 | €16,885 | +€1,320 | +8.5% |
| Stocks | 30/36 | €15,565 | €16,885 | +€1,320 | +8.5% |
| Amounts receivable within one year | 40/41 | €3,396 | €2,065 | -€1,331 | -39.2% |
| Trade receivables | 40 | €2,881 | €2,065 | -€816 | -28.3% |
| Other amounts receivable | 41 | €515 | - | -€515 | |
| Cash at bank and in hand | 54/58 | €26,483 | €13,149 | -€13,334 | -50.3% |
| Deferred charges and accrued income | 490/1 | €1,833 | €1,833 | = | 0.0% |
| Total equity and liabilities | 10/49 | €57,121 | €46,972 | -€10,149 | -17.8% |
| Equity | 10/15 | €20,862 | €1,375 | -€19,487 | -93.4% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €4,182 | €4,182 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,182 | €4,182 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,182 | €4,182 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€58,320 | -€77,808 | -€19,487 | -33.4% |
| Amounts payable | 17/49 | €36,259 | €45,597 | +€9,338 | +25.8% |
| Amounts payable within one year | 42/48 | €36,259 | €45,597 | +€9,338 | +25.8% |
| Trade debts | 44 | €2,329 | €72 | -€2,257 | -96.9% |
| Suppliers | 440/4 | €2,329 | €72 | -€2,257 | -96.9% |
| Taxes, remuneration and social security | 45 | €12,547 | €29,194 | +€16,647 | +133% |
| Taxes | 450/3 | €1,814 | €2,295 | +€481 | +26.5% |
| Remuneration and social security | 454/9 | €10,734 | €26,900 | +€16,166 | +151% |
| Other amounts payable | 47/48 | €21,383 | €16,331 | -€5,052 | -23.6% |
| Remuneration, social security and pensions | 62 | €13,591 | €1,626 | -€11,964 | -88.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,767 | €4,210 | +€1,442 | +52.1% |
| Other operating charges | 640/8 | €1,947 | €736 | -€1,211 | -62.2% |
| Gross operating margin | 9900 | €1,255 | -€12,618 | -€13,873 | |
| Operating profit (loss) | 9901 | -€17,050 | -€19,190 | -€2,140 | -12.6% |
| Financial income | 75/76B | €197 | €500 | +€304 | +154% |
| Recurring financial income | 75 | €197 | €500 | +€304 | +154% |
| Financial charges | 65/66B | €344 | €156 | -€187 | -54.5% |
| Recurring financial charges | 65 | €344 | €156 | -€187 | -54.5% |
| Profit (loss) for the period before taxes | 9903 | -€17,197 | -€18,846 | -€1,649 | -9.6% |
| Income taxes | 67/77 | - | €641 | +€641 | |
| Profit (loss) for the period | 9904 | -€17,197 | -€19,487 | -€2,290 | -13.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,197 | -€19,487 | -€2,290 | -13.3% |
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 13 October 2026 via checked.be.