Next In Line: what changed
Next In Line
Largest movements
- Receivables within one year -€6,168
down €6,168 (-67.9%), from €9,078 to €2,910
of which Other amounts receivable: -€4,837
- Intangible fixed assets -€3,571
down €3,571 (-16.7%), from €21,428 to €17,856
- Cash -€3,340
down €3,340 (-7.7%), from €43,444 to €40,104
mainly Other debts (-€58,181) and Accrued charges and deferred income (-€17,986)
- Profit (loss) carried forward +€60,045
up €60,045 (+1,168%), from €5,139 to €65,184
- Other debts -€58,181
down €58,181 (-39.3%), from €147,965 to €89,784
- Accrued charges and deferred income -€17,986
down €17,986 (-87.5%), from €20,563 to €2,578
- Trade debts +€3,728
up €3,728 (+113%), from €3,299 to €7,028
- Gross operating margin -€108,402
down €108,402 (-85.9%), from €126,163 to €17,760
- Financial income +€59,983
up €59,983 (+345,124%), from €17 to €60,000
- Depreciation +€5,773
up €5,773 (+162%), from €3,573 to €9,346
- Other operating charges -€4,147
down €4,147 (-40.5%), from €10,249 to €6,102
- Financial charges -€3,984
down €3,984 (-63.7%), from €6,252 to €2,268
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €176,967 | €166,240 | -€10,727 | -6.1% |
| Fixed assets | 21/28 | €121,428 | €119,426 | -€2,001 | -1.6% |
| Intangible fixed assets | 21 | €21,428 | €17,856 | -€3,571 | -16.7% |
| Tangible fixed assets | 22/27 | €100,000 | €101,570 | +€1,570 | +1.6% |
| Other tangible fixed assets | 26 | €100,000 | €101,570 | +€1,570 | +1.6% |
| Current assets | 29/58 | €55,539 | €46,814 | -€8,725 | -15.7% |
| Amounts receivable within one year | 40/41 | €9,078 | €2,910 | -€6,168 | -67.9% |
| Trade receivables | 40 | €1,331 | €0 | -€1,331 | -100% |
| Other amounts receivable | 41 | €7,747 | €2,910 | -€4,837 | -62.4% |
| Cash at bank and in hand | 54/58 | €43,444 | €40,104 | -€3,340 | -7.7% |
| Deferred charges and accrued income | 490/1 | €3,018 | €3,800 | +€782 | +25.9% |
| Total equity and liabilities | 10/49 | €176,967 | €166,240 | -€10,727 | -6.1% |
| Equity | 10/15 | €5,139 | €65,184 | +€60,045 | +1,168% |
| Profit (loss) carried forward | 14 | €5,139 | €65,184 | +€60,045 | +1,168% |
| Amounts payable | 17/49 | €171,827 | €101,056 | -€70,772 | -41.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €151,264 | €98,478 | -€52,786 | -34.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €3,299 | €7,028 | +€3,728 | +113% |
| Suppliers | 440/4 | €3,299 | €7,028 | +€3,728 | +113% |
| Advances received on contracts in progress | 46 | - | €651 | +€651 | |
| Taxes, remuneration and social security | 45 | €0 | €1,016 | +€1,016 | |
| Taxes | 450/3 | €0 | €1,016 | +€1,016 | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €147,965 | €89,784 | -€58,181 | -39.3% |
| Accrued charges and deferred income | 492/3 | €20,563 | €2,578 | -€17,986 | -87.5% |
| Non-recurring operating income | 76A | €175,000 | €0 | -€175,000 | -100% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,573 | €9,346 | +€5,773 | +162% |
| Other operating charges | 640/8 | €10,249 | €6,102 | -€4,147 | -40.5% |
| Non-recurring operating charges | 66A | €32,837 | €0 | -€32,837 | -100% |
| Gross operating margin | 9900 | €126,163 | €17,760 | -€108,402 | -85.9% |
| Operating profit (loss) | 9901 | €79,504 | €2,313 | -€77,191 | -97.1% |
| Financial income | 75/76B | €17 | €60,000 | +€59,983 | +345,124% |
| Recurring financial income | 75 | €17 | €60,000 | +€59,983 | +345,124% |
| Financial charges | 65/66B | €6,252 | €2,268 | -€3,984 | -63.7% |
| Recurring financial charges | 65 | €6,252 | €2,268 | -€3,984 | -63.7% |
| Profit (loss) for the period before taxes | 9903 | €73,270 | €60,045 | -€13,225 | -18.0% |
| Profit (loss) for the period | 9904 | €73,270 | €60,045 | -€13,225 | -18.0% |
| Profit (loss) for the period to be appropriated | 9905 | €73,270 | €60,045 | -€13,225 | -18.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.