nonzerosum: 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.
nonzerosum
Largest movements
- Cash -€104,336
down €104,336 (-48.8%), from €213,608 to €109,272
mainly Contributions, distributions and other (-€237,292) and Net result for the year (-€68,770)
- Receivables within one year +€50,210
up €50,210 (+11.7%), from €427,456 to €477,666
of which Other amounts receivable: +€41,167
- Tangible fixed assets -€10,183
down €10,183 (-33.1%), from €30,775 to €20,591
of which Furniture and vehicles: -€11,383
- Profit (loss) carried forward -€306,061
down €306,061, from €237,292 to -€68,770
- Other debts +€264,737
up €264,737 (+397%), from €66,671 to €331,408
- Current portion of long-term debt -€55,027
down €55,027 (-79.8%), from €68,972 to €13,945
- Tax, wage and social debts +€23,084
up €23,084 (+44.9%), from €51,393 to €74,476
of which Taxes: +€16,699
- Trade debts +€13,576
up €13,576 (+5.9%), from €228,282 to €241,857
- Gross operating margin -€223,601
down €223,601 (-32.4%), from €690,445 to €466,843
- Taxes -€62,218
down €62,218 (-98.2%), from €63,388 to €1,171
- Staff costs +€44,314
up €44,314 (+10.1%), from €438,396 to €482,710
- Financial charges +€22,387
up €22,387 (+501%), from €4,472 to €26,858
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 | €704,895 | €634,192 | -€70,703 | -10.0% |
| Fixed assets | 21/28 | €52,288 | €38,358 | -€13,930 | -26.6% |
| Intangible fixed assets | 21 | €10,301 | €6,240 | -€4,061 | -39.4% |
| Tangible fixed assets | 22/27 | €30,775 | €20,591 | -€10,183 | -33.1% |
| Plant, machinery and equipment | 23 | €1,017 | €2,216 | +€1,199 | +118% |
| Furniture and vehicles | 24 | €29,757 | €18,375 | -€11,383 | -38.3% |
| Financial fixed assets | 28 | €11,213 | €11,527 | +€314 | +2.8% |
| Current assets | 29/58 | €652,606 | €595,833 | -€56,773 | -8.7% |
| Amounts receivable within one year | 40/41 | €427,456 | €477,666 | +€50,210 | +11.7% |
| Trade receivables | 40 | €397,090 | €406,133 | +€9,043 | +2.3% |
| Other amounts receivable | 41 | €30,366 | €71,533 | +€41,167 | +136% |
| Cash at bank and in hand | 54/58 | €213,608 | €109,272 | -€104,336 | -48.8% |
| Deferred charges and accrued income | 490/1 | €11,542 | €8,896 | -€2,647 | -22.9% |
| Total equity and liabilities | 10/49 | €704,895 | €634,192 | -€70,703 | -10.0% |
| Equity | 10/15 | €257,697 | -€48,365 | -€306,061 | |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €237,292 | -€68,770 | -€306,061 | |
| Amounts payable | 17/49 | €447,198 | €682,556 | +€235,358 | +52.6% |
| Amounts payable after more than one year | 17 | €31,793 | €20,780 | -€11,013 | -34.6% |
| Financial debts | 170/4 | €31,793 | €20,780 | -€11,013 | -34.6% |
| Amounts payable within one year | 42/48 | €415,317 | €661,686 | +€246,369 | +59.3% |
| Current portion of amounts payable after more than one year | 42 | €68,972 | €13,945 | -€55,027 | -79.8% |
| Trade debts | 44 | €228,282 | €241,857 | +€13,576 | +5.9% |
| Suppliers | 440/4 | €228,282 | €241,857 | +€13,576 | +5.9% |
| Taxes, remuneration and social security | 45 | €51,393 | €74,476 | +€23,084 | +44.9% |
| Taxes | 450/3 | €13,284 | €29,983 | +€16,699 | +126% |
| Remuneration and social security | 454/9 | €38,109 | €44,493 | +€6,385 | +16.8% |
| Other amounts payable | 47/48 | €66,671 | €331,408 | +€264,737 | +397% |
| Accrued charges and deferred income | 492/3 | €88 | €89 | +€2 | +1.9% |
| Non-recurring operating income | 76A | €1,185 | €13,261 | +€12,076 | +1,019% |
| Remuneration, social security and pensions | 62 | €438,396 | €482,710 | +€44,314 | +10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,088 | €23,948 | +€2,859 | +13.6% |
| Other operating charges | 640/8 | €3,516 | €2,908 | -€608 | -17.3% |
| Non-recurring operating charges | 66A | €5,372 | - | -€5,372 | |
| Gross operating margin | 9900 | €690,445 | €466,843 | -€223,601 | -32.4% |
| Operating profit (loss) | 9901 | €222,072 | -€42,722 | -€264,795 | |
| Financial income | 75/76B | €2,027 | €1,982 | -€46 | -2.3% |
| Recurring financial income | 75 | €2,027 | €1,982 | -€46 | -2.3% |
| Financial charges | 65/66B | €4,472 | €26,858 | +€22,387 | +501% |
| Recurring financial charges | 65 | €4,472 | €26,858 | +€22,387 | +501% |
| Profit (loss) for the period before taxes | 9903 | €219,628 | -€67,599 | -€287,227 | |
| Income taxes | 67/77 | €63,388 | €1,171 | -€62,218 | -98.2% |
| Profit (loss) for the period | 9904 | €156,240 | -€68,770 | -€225,009 | |
| Profit (loss) for the period to be appropriated | 9905 | €156,240 | -€68,770 | -€225,009 |
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 17 October 2026 via checked.be.