Next Days: 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.
Next Days
Largest movements
- Intangible fixed assets -€24,442
down €24,442 (-50.0%), from €48,885 to €24,442
- Cash -€19,608
down €19,608 (-77.3%), from €25,355 to €5,746
mainly Contributions, distributions and other (-€30,621) and Receivables within one year (-€16,499)
- Receivables within one year +€16,499
up €16,499 (+21.8%), from €75,522 to €92,020
of which Trade receivables: +€18,131
- Tangible fixed assets -€2,034
down €2,034 (-50.0%), from €4,067 to €2,034
- Investment grants -€30,621
down €30,621 (-50.0%), from €61,242 to €30,621
- Profit (loss) carried forward -€12,410
down €12,410 (-31.9%), from €38,915 to €26,505
- Other debts +€10,723
up €10,723 (+107%), from €10,000 to €20,723
- Trade debts +€4,114
up €4,114 (+11.9%), from €34,660 to €38,774
- Gross operating margin -€39,620
down €39,620 (-70.9%), from €55,899 to €16,279
- Taxes +€1,574
new in 2025: €1,574
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 | €153,940 | €124,355 | -€29,585 | -19.2% |
| Fixed assets | 21/28 | €53,064 | €26,588 | -€26,476 | -49.9% |
| Intangible fixed assets | 21 | €48,885 | €24,442 | -€24,442 | -50.0% |
| Tangible fixed assets | 22/27 | €4,067 | €2,034 | -€2,034 | -50.0% |
| Plant, machinery and equipment | 23 | €4,067 | €2,034 | -€2,034 | -50.0% |
| Financial fixed assets | 28 | €112 | €112 | = | 0.0% |
| Current assets | 29/58 | €100,876 | €97,767 | -€3,109 | -3.1% |
| Amounts receivable within one year | 40/41 | €75,522 | €92,020 | +€16,499 | +21.8% |
| Trade receivables | 40 | €8,550 | €26,681 | +€18,131 | +212% |
| Other amounts receivable | 41 | €66,972 | €65,340 | -€1,633 | -2.4% |
| Cash at bank and in hand | 54/58 | €25,355 | €5,746 | -€19,608 | -77.3% |
| Total equity and liabilities | 10/49 | €153,940 | €124,355 | -€29,585 | -19.2% |
| Equity | 10/15 | €107,157 | €64,126 | -€43,031 | -40.2% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,915 | €26,505 | -€12,410 | -31.9% |
| Investment grants | 15 | €61,242 | €30,621 | -€30,621 | -50.0% |
| Amounts payable | 17/49 | €46,783 | €60,229 | +€13,446 | +28.7% |
| Amounts payable within one year | 42/48 | €46,783 | €60,229 | +€13,446 | +28.7% |
| Trade debts | 44 | €34,660 | €38,774 | +€4,114 | +11.9% |
| Suppliers | 440/4 | €34,660 | €38,774 | +€4,114 | +11.9% |
| Taxes, remuneration and social security | 45 | €2,123 | €731 | -€1,392 | -65.6% |
| Taxes | 450/3 | €2,123 | €731 | -€1,392 | -65.6% |
| Other amounts payable | 47/48 | €10,000 | €20,723 | +€10,723 | +107% |
| Remuneration, social security and pensions | 62 | €327 | - | -€327 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,476 | €26,476 | = | 0.0% |
| Other operating charges | 640/8 | €426 | €400 | -€26 | -6.1% |
| Gross operating margin | 9900 | €55,899 | €16,279 | -€39,620 | -70.9% |
| Operating profit (loss) | 9901 | €28,671 | -€10,596 | -€39,268 | |
| Financial income | 75/76B | €57 | - | -€57 | |
| Recurring financial income | 75 | €57 | - | -€57 | |
| Financial charges | 65/66B | €73 | €239 | +€167 | +228% |
| Recurring financial charges | 65 | €73 | €239 | +€167 | +228% |
| Profit (loss) for the period before taxes | 9903 | €28,655 | -€10,836 | -€39,491 | |
| Income taxes | 67/77 | - | €1,574 | +€1,574 | |
| Profit (loss) for the period | 9904 | €28,655 | -€12,410 | -€41,065 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,655 | -€12,410 | -€41,065 |
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.