NEW TALE: 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.
NEW TALE
Largest movements
- Receivables within one year -€3,537
down €3,537 (-54.7%), from €6,472 to €2,934
- Cash -€1,867
down €1,867 (-12.2%), from €15,319 to €13,452
mainly Net result for the year (-€10,912) and Investment in fixed assets (net) (-€1,732)
- Deferred charges and accrued income -€1,809
down €1,809 (-91.5%), from €1,977 to €168
- Tangible fixed assets -€600
down €600 (-8.2%), from €7,341 to €6,740
- Profit (loss) carried forward -€10,912
down €10,912 (-67.2%), from €16,242 to €5,331
- Tax, wage and social debts +€2,098
up €2,098 (+27.8%), from €7,543 to €9,641
of which Remuneration and social security: +€5,840
- Trade debts +€1,489
up €1,489 (+96.6%), from €1,542 to €3,032
- Other debts -€490
down €490 (-17.6%), from €2,781 to €2,291
- Gross operating margin -€37,103
down €37,103, from €28,785 to -€8,318
- Taxes -€6,500
down €6,500, from €6,075 to -€425
- Other operating charges -€470
down €470 (-55.1%), from €852 to €382
- Depreciation -€327
down €327 (-12.3%), from €2,659 to €2,332
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 | €31,108 | €23,294 | -€7,814 | -25.1% |
| Fixed assets | 21/28 | €7,341 | €6,740 | -€600 | -8.2% |
| Tangible fixed assets | 22/27 | €7,341 | €6,740 | -€600 | -8.2% |
| Furniture and vehicles | 24 | €7,341 | €6,740 | -€600 | -8.2% |
| Current assets | 29/58 | €23,768 | €16,554 | -€7,213 | -30.4% |
| Amounts receivable within one year | 40/41 | €6,472 | €2,934 | -€3,537 | -54.7% |
| Trade receivables | 40 | €6,472 | €2,934 | -€3,537 | -54.7% |
| Cash at bank and in hand | 54/58 | €15,319 | €13,452 | -€1,867 | -12.2% |
| Deferred charges and accrued income | 490/1 | €1,977 | €168 | -€1,809 | -91.5% |
| Total equity and liabilities | 10/49 | €31,108 | €23,294 | -€7,814 | -25.1% |
| Equity | 10/15 | €19,242 | €8,331 | -€10,912 | -56.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,242 | €5,331 | -€10,912 | -67.2% |
| Amounts payable | 17/49 | €11,866 | €14,964 | +€3,098 | +26.1% |
| Amounts payable within one year | 42/48 | €11,866 | €14,964 | +€3,098 | +26.1% |
| Trade debts | 44 | €1,542 | €3,032 | +€1,489 | +96.6% |
| Suppliers | 440/4 | €1,542 | €3,032 | +€1,489 | +96.6% |
| Taxes, remuneration and social security | 45 | €7,543 | €9,641 | +€2,098 | +27.8% |
| Taxes | 450/3 | €5,883 | €2,141 | -€3,742 | -63.6% |
| Remuneration and social security | 454/9 | €1,660 | €7,500 | +€5,840 | +351.8% |
| Other amounts payable | 47/48 | €2,781 | €2,291 | -€490 | -17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,659 | €2,332 | -€327 | -12.3% |
| Other operating charges | 640/8 | €852 | €382 | -€470 | -55.1% |
| Gross operating margin | 9900 | €28,785 | -€8,318 | -€37,103 | |
| Operating profit (loss) | 9901 | €25,274 | -€11,032 | -€36,306 | |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €139 | €304 | +€166 | +119.5% |
| Recurring financial charges | 65 | €139 | €304 | +€166 | +119.5% |
| Profit (loss) for the period before taxes | 9903 | €25,140 | -€11,336 | -€36,476 | |
| Income taxes | 67/77 | €6,075 | -€425 | -€6,500 | |
| Profit (loss) for the period | 9904 | €19,065 | -€10,912 | -€29,976 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,065 | -€10,912 | -€29,976 |
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 2 October 2026 via checked.be.