NINETY DEGREES: 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.
NINETY DEGREES
Largest movements
- Cash +€6,760
up €6,760 (+282%), from €2,393 to €9,153
mainly Other debts (+€22,282) and Tax, wage and social debts (+€2,547)
- Deferred charges and accrued income -€268
down €268 (-100%), from €268 to €0
- Other debts +€22,282
up €22,282 (+26.3%), from €84,746 to €107,027
- Profit (loss) carried forward -€17,290
down €17,290 (-17.6%), from -€98,176 to -€115,466
- Tax, wage and social debts +€2,547
up €2,547 (+3,677%), from €69 to €2,616
- Trade debts -€998
down €998 (-56.7%), from €1,762 to €764
- Other operating charges -€10,078
down €10,078 (-95.1%), from €10,598 to €520
- Gross operating margin -€3,287
down €3,287 (-25.2%), from -€13,033 to -€16,320
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 | €2,661 | €9,201 | +€6,540 | +246% |
| Current assets | 29/58 | €2,661 | €9,201 | +€6,540 | +246% |
| Amounts receivable within one year | 40/41 | €0 | €48 | +€48 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | €48 | +€48 | |
| Cash at bank and in hand | 54/58 | €2,393 | €9,153 | +€6,760 | +282% |
| Deferred charges and accrued income | 490/1 | €268 | €0 | -€268 | -100% |
| Total equity and liabilities | 10/49 | €2,661 | €9,201 | +€6,540 | +246% |
| Equity | 10/15 | -€83,916 | -€101,206 | -€17,290 | -20.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€98,176 | -€115,466 | -€17,290 | -17.6% |
| Amounts payable | 17/49 | €86,577 | €110,408 | +€23,831 | +27.5% |
| Amounts payable within one year | 42/48 | €86,577 | €110,408 | +€23,831 | +27.5% |
| Trade debts | 44 | €1,762 | €764 | -€998 | -56.7% |
| Suppliers | 440/4 | €1,762 | €764 | -€998 | -56.7% |
| Taxes, remuneration and social security | 45 | €69 | €2,616 | +€2,547 | +3,677% |
| Taxes | 450/3 | €69 | €2,616 | +€2,547 | +3,677% |
| Other amounts payable | 47/48 | €84,746 | €107,027 | +€22,282 | +26.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €10,598 | €520 | -€10,078 | -95.1% |
| Gross operating margin | 9900 | -€13,033 | -€16,320 | -€3,287 | -25.2% |
| Operating profit (loss) | 9901 | -€23,631 | -€16,839 | +€6,792 | +28.7% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €322 | €451 | +€129 | +40.1% |
| Recurring financial charges | 65 | €322 | €451 | +€129 | +40.1% |
| Profit (loss) for the period before taxes | 9903 | -€23,953 | -€17,290 | +€6,663 | +27.8% |
| Profit (loss) for the period | 9904 | -€23,953 | -€17,290 | +€6,663 | +27.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,953 | -€17,290 | +€6,663 | +27.8% |
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 13 October 2026 via checked.be.