Nine Yards: 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.
Nine Yards
Largest movements
- Cash -€89,330
down €89,330 (-84.5%), from €105,767 to €16,437
mainly Contributions, distributions and other (-€152,000) and Receivables within one year (-€7,816)
- Tangible fixed assets -€16,078
down €16,078 (-30.1%), from €53,379 to €37,301
of which Furniture and vehicles: -€15,617
- Receivables within one year +€7,816
up €7,816 (+65.2%), from €11,996 to €19,812
of which Trade receivables: +€6,926
- Reserves -€97,186
down €97,186 (-63.6%), from €152,788 to €55,602
- Other debts +€5,017
new in 2025: €5,017
- Tax, wage and social debts -€3,882
down €3,882 (-32.6%), from €11,890 to €8,008
of which Taxes: -€3,882
- Gross operating margin -€4,577
down €4,577 (-5.0%), from €91,121 to €86,545
- Taxes -€1,067
down €1,067 (-7.0%), from €15,318 to €14,250
- Other operating charges +€981
up €981 (+267%), from €368 to €1,349
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 | €172,491 | €74,974 | -€97,517 | -56.5% |
| Fixed assets | 21/28 | €53,379 | €37,301 | -€16,078 | -30.1% |
| Tangible fixed assets | 22/27 | €53,379 | €37,301 | -€16,078 | -30.1% |
| Plant, machinery and equipment | 23 | €1,489 | €1,028 | -€461 | -30.9% |
| Furniture and vehicles | 24 | €51,890 | €36,272 | -€15,617 | -30.1% |
| Current assets | 29/58 | €119,112 | €37,673 | -€81,439 | -68.4% |
| Amounts receivable within one year | 40/41 | €11,996 | €19,812 | +€7,816 | +65.2% |
| Trade receivables | 40 | €10,454 | €17,380 | +€6,926 | +66.3% |
| Other amounts receivable | 41 | €1,542 | €2,432 | +€890 | +57.7% |
| Cash at bank and in hand | 54/58 | €105,767 | €16,437 | -€89,330 | -84.5% |
| Deferred charges and accrued income | 490/1 | €1,349 | €1,424 | +€75 | +5.5% |
| Total equity and liabilities | 10/49 | €172,491 | €74,974 | -€97,517 | -56.5% |
| Equity | 10/15 | €157,788 | €60,602 | -€97,186 | -61.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €152,788 | €55,602 | -€97,186 | -63.6% |
| Distributable reserves | 133 | €152,788 | €55,602 | -€97,186 | -63.6% |
| Amounts payable | 17/49 | €14,703 | €14,371 | -€332 | -2.3% |
| Amounts payable within one year | 42/48 | €14,703 | €14,371 | -€332 | -2.3% |
| Trade debts | 44 | €2,813 | €1,347 | -€1,466 | -52.1% |
| Suppliers | 440/4 | €2,813 | €1,347 | -€1,466 | -52.1% |
| Taxes, remuneration and social security | 45 | €11,890 | €8,008 | -€3,882 | -32.6% |
| Taxes | 450/3 | €9,765 | €5,883 | -€3,882 | -39.8% |
| Remuneration and social security | 454/9 | €2,125 | €2,125 | = | 0.0% |
| Other amounts payable | 47/48 | - | €5,017 | +€5,017 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,078 | €16,078 | = | 0.0% |
| Other operating charges | 640/8 | €368 | €1,349 | +€981 | +267% |
| Gross operating margin | 9900 | €91,121 | €86,545 | -€4,577 | -5.0% |
| Operating profit (loss) | 9901 | €74,676 | €69,118 | -€5,558 | -7.4% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €46 | €58 | +€13 | +27.4% |
| Recurring financial charges | 65 | €46 | €58 | +€13 | +27.4% |
| Profit (loss) for the period before taxes | 9903 | €74,630 | €69,065 | -€5,565 | -7.5% |
| Income taxes | 67/77 | €15,318 | €14,250 | -€1,067 | -7.0% |
| Profit (loss) for the period | 9904 | €59,312 | €54,814 | -€4,498 | -7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €59,312 | €54,814 | -€4,498 | -7.6% |
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 21 October 2026 via checked.be.