O&A: what changed
Two fiscal 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.
O&A
Largest movements
- Receivables within one year -€4,717
down €4,717 (-35.3%), from €13,343 to €8,627
of which Trade receivables: -€9,202
- Cash +€1,727
up €1,727 (+5.3%), from €32,555 to €34,281
mainly Advances received (+€15,000) and Receivables within one year (+€4,717)
- Tangible fixed assets -€1,030
down €1,030 (-49.9%), from €2,062 to €1,032
- Advances received +€15,000
up €15,000 (+541.5%), from €2,770 to €17,770
- Trade debts -€10,777
down €10,777 (-78.9%), from €13,660 to €2,884
- Other debts -€6,730
down €6,730 (-71.3%), from €9,439 to €2,709
- Profit (loss) carried forward -€1,514
down €1,514 (-37.5%), from €4,031 to €2,517
- Gross operating margin -€2,127
down €2,127, from €1,964 to -€162
- Other operating charges +€149
up €149 (+116.7%), from €128 to €276
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.
Cash bridge derived
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 | €47,960 | €43,940 | -€4,020 | -8.4% |
| Fixed assets | 21/28 | €2,062 | €1,032 | -€1,030 | -49.9% |
| Tangible fixed assets | 22/27 | €2,062 | €1,032 | -€1,030 | -49.9% |
| Furniture and vehicles | 24 | €2,062 | €1,032 | -€1,030 | -49.9% |
| Current assets | 29/58 | €45,898 | €42,908 | -€2,990 | -6.5% |
| Amounts receivable within one year | 40/41 | €13,343 | €8,627 | -€4,717 | -35.3% |
| Trade receivables | 40 | €11,880 | €2,678 | -€9,202 | -77.5% |
| Other amounts receivable | 41 | €1,463 | €5,949 | +€4,485 | +306.5% |
| Cash at bank and in hand | 54/58 | €32,555 | €34,281 | +€1,727 | +5.3% |
| Total equity and liabilities | 10/49 | €47,960 | €43,940 | -€4,020 | -8.4% |
| Equity | 10/15 | €22,091 | €20,577 | -€1,514 | -6.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €11,860 | €11,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,031 | €2,517 | -€1,514 | -37.5% |
| Amounts payable | 17/49 | €25,869 | €23,363 | -€2,507 | -9.7% |
| Amounts payable within one year | 42/48 | €25,869 | €23,363 | -€2,507 | -9.7% |
| Trade debts | 44 | €13,660 | €2,884 | -€10,777 | -78.9% |
| Suppliers | 440/4 | €13,660 | €2,884 | -€10,777 | -78.9% |
| Advances received on contracts in progress | 46 | €2,770 | €17,770 | +€15,000 | +541.5% |
| Other amounts payable | 47/48 | €9,439 | €2,709 | -€6,730 | -71.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,030 | €1,030 | = | 0.0% |
| Other operating charges | 640/8 | €128 | €276 | +€149 | +116.7% |
| Gross operating margin | 9900 | €1,964 | -€162 | -€2,127 | |
| Operating profit (loss) | 9901 | €807 | -€1,469 | -€2,275 | |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €762 | -€1,514 | -€2,275 | |
| Profit (loss) for the period | 9904 | €762 | -€1,514 | -€2,275 | |
| Profit (loss) for the period to be appropriated | 9905 | €762 | -€1,514 | -€2,275 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.