NO ANGRY MEN: 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.
NO ANGRY MEN
Largest movements
- Cash -€101,053
down €101,053 (-42.6%), from €236,978 to €135,924
mainly Other debts (-€98,244) and Receivables within one year (-€14,674)
- Receivables within one year +€14,674
up €14,674 (+33.1%), from €44,301 to €58,975
of which Trade receivables: +€23,801
- Tangible fixed assets +€11,798
up €11,798 (+402%), from €2,934 to €14,731
- Other debts -€98,244
down €98,244 (-46.5%), from €211,313 to €113,069
- Profit (loss) carried forward +€26,334
up €26,334 (+56.3%), from €46,783 to €73,117
- Trade debts -€4,245
no longer reported in 2025 (was €4,245)
- Gross operating margin -€10,792
down €10,792 (-16.9%), from €63,758 to €52,966
- Depreciation -€2,396
down €2,396 (-50.5%), from €4,742 to €2,346
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 | €284,212 | €210,438 | -€73,774 | -26.0% |
| Fixed assets | 21/28 | €2,934 | €14,731 | +€11,798 | +402% |
| Tangible fixed assets | 22/27 | €2,934 | €14,731 | +€11,798 | +402% |
| Plant, machinery and equipment | 23 | €2,934 | €14,731 | +€11,798 | +402% |
| Current assets | 29/58 | €281,278 | €195,707 | -€85,572 | -30.4% |
| Amounts receivable within one year | 40/41 | €44,301 | €58,975 | +€14,674 | +33.1% |
| Trade receivables | 40 | €32,038 | €55,839 | +€23,801 | +74.3% |
| Other amounts receivable | 41 | €12,263 | €3,135 | -€9,127 | -74.4% |
| Cash at bank and in hand | 54/58 | €236,978 | €135,924 | -€101,053 | -42.6% |
| Deferred charges and accrued income | 490/1 | - | €808 | +€808 | |
| Total equity and liabilities | 10/49 | €284,212 | €210,438 | -€73,774 | -26.0% |
| Equity | 10/15 | €48,783 | €75,117 | +€26,334 | +54.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,783 | €73,117 | +€26,334 | +56.3% |
| Amounts payable | 17/49 | €235,430 | €135,321 | -€100,108 | -42.5% |
| Amounts payable within one year | 42/48 | €224,129 | €121,633 | -€102,496 | -45.7% |
| Trade debts | 44 | €4,245 | - | -€4,245 | |
| Suppliers | 440/4 | €4,245 | - | -€4,245 | |
| Taxes, remuneration and social security | 45 | €8,570 | €8,563 | -€7 | -0.1% |
| Taxes | 450/3 | €8,570 | €8,563 | -€7 | -0.1% |
| Other amounts payable | 47/48 | €211,313 | €113,069 | -€98,244 | -46.5% |
| Accrued charges and deferred income | 492/3 | €11,301 | €13,689 | +€2,388 | +21.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,742 | €2,346 | -€2,396 | -50.5% |
| Other operating charges | 640/8 | €12,576 | €12,690 | +€114 | +0.9% |
| Gross operating margin | 9900 | €63,758 | €52,966 | -€10,792 | -16.9% |
| Operating profit (loss) | 9901 | €46,441 | €37,930 | -€8,510 | -18.3% |
| Financial income | 75/76B | - | €29 | +€29 | |
| Recurring financial income | 75 | - | €29 | +€29 | |
| Financial charges | 65/66B | €140 | €125 | -€15 | -10.9% |
| Recurring financial charges | 65 | €140 | €125 | -€15 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €46,301 | €37,834 | -€8,466 | -18.3% |
| Income taxes | 67/77 | €10,049 | €9,500 | -€549 | -5.5% |
| Profit (loss) for the period | 9904 | €36,252 | €28,334 | -€7,917 | -21.8% |
| Profit (loss) for the period to be appropriated | 9905 | €36,252 | €28,334 | -€7,917 | -21.8% |
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 29 October 2026 via checked.be.