NEW SERMENT: 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 SERMENT
Largest movements
- Tangible fixed assets -€965
down €965 (-25.0%), from €3,862 to €2,897
- Receivables within one year -€635
down €635 (-1.6%), from €40,416 to €39,781
of which Other amounts receivable: -€1,803
- Accrued charges and deferred income -€938
down €938 (-7.0%), from €13,369 to €12,431
- Tax, wage and social debts -€506
down €506 (-4.0%), from €12,644 to €12,138
of which Remuneration and social security: -€1,883
- Turnover -€57,999
down €57,999 (-18.0%), from €322,953 to €264,954
- Purchases and services -€56,454
down €56,454 (-18.6%), from €304,287 to €247,833
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 | €47,327 | €46,208 | -€1,119 | -2.4% |
| Fixed assets | 21/28 | €3,862 | €2,897 | -€965 | -25.0% |
| Tangible fixed assets | 22/27 | €3,862 | €2,897 | -€965 | -25.0% |
| Plant, machinery and equipment | 23 | €3,862 | €2,897 | -€965 | -25.0% |
| Current assets | 29/58 | €43,465 | €43,311 | -€154 | -0.4% |
| Amounts receivable within one year | 40/41 | €40,416 | €39,781 | -€635 | -1.6% |
| Trade receivables | 40 | - | €1,168 | +€1,168 | |
| Other amounts receivable | 41 | €40,416 | €38,613 | -€1,803 | -4.5% |
| Cash at bank and in hand | 54/58 | €3,049 | €3,150 | +€101 | +3.3% |
| Deferred charges and accrued income | 490/1 | - | €380 | +€380 | |
| Total equity and liabilities | 10/49 | €47,327 | €46,208 | -€1,119 | -2.4% |
| Equity | 10/15 | €20,555 | €20,700 | +€145 | +0.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,555 | €15,700 | +€145 | +0.9% |
| Amounts payable | 17/49 | €26,772 | €25,508 | -€1,264 | -4.7% |
| Amounts payable within one year | 42/48 | €13,403 | €13,077 | -€326 | -2.4% |
| Trade debts | 44 | €759 | €939 | +€180 | +23.7% |
| Suppliers | 440/4 | €759 | €939 | +€180 | +23.7% |
| Taxes, remuneration and social security | 45 | €12,644 | €12,138 | -€506 | -4.0% |
| Taxes | 450/3 | €761 | €2,138 | +€1,377 | +181% |
| Remuneration and social security | 454/9 | €11,883 | €10,000 | -€1,883 | -15.8% |
| Accrued charges and deferred income | 492/3 | €13,369 | €12,431 | -€938 | -7.0% |
| Turnover | 70 | €322,953 | €264,954 | -€57,999 | -18.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €304,287 | €247,833 | -€56,454 | -18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €965 | €965 | = | 0.0% |
| Other operating charges | 640/8 | €4,000 | €4,118 | +€118 | +3.0% |
| Gross operating margin | 9900 | €18,666 | €17,121 | -€1,545 | -8.3% |
| Operating profit (loss) | 9901 | €13,701 | €12,038 | -€1,663 | -12.1% |
| Financial income | 75/76B | - | €952 | +€952 | |
| Recurring financial income | 75 | - | €952 | +€952 | |
| Financial charges | 65/66B | €1,093 | €1,008 | -€85 | -7.8% |
| Recurring financial charges | 65 | €1,093 | €1,008 | -€85 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | €12,608 | €11,982 | -€626 | -5.0% |
| Income taxes | 67/77 | - | €1,837 | +€1,837 | |
| Profit (loss) for the period | 9904 | €12,608 | €10,145 | -€2,463 | -19.5% |
| Profit (loss) for the period to be appropriated | 9905 | €12,608 | €10,145 | -€2,463 | -19.5% |
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 15 October 2026 via checked.be.