Ò CONSULT: 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.
Ò CONSULT
Largest movements
- Financial fixed assets -€28,000
down €28,000 (-80.0%), from €35,000 to €7,000
- Receivables within one year +€7,229
up €7,229 (+90362.5%), from €8 to €7,237
of which Trade receivables: +€7,237
- Deferred charges and accrued income +€6,337
up €6,337 (+452.3%), from €1,401 to €7,738
- Cash +€2,780
new in 2025: €2,780
mainly Investment in fixed assets (net) (+€28,000) and Tax, wage and social debts (+€6,575)
- Other debts -€8,006
down €8,006 (-21.9%), from €36,562 to €28,556
- Profit (loss) carried forward -€7,905
down €7,905 (-57.6%), from -€13,734 to -€21,639
- Tax, wage and social debts +€6,575
up €6,575 (+168.2%), from €3,910 to €10,485
- Short-term financial debts -€2,772
no longer reported in 2025 (was €2,772)
- Trade debts +€462
up €462 (+156.1%), from €296 to €758
- Financial charges +€29,835
up €29,835 (+2492.5%), from €1,197 to €31,032
of which Non-recurring financial charges: +€28,000
- Gross operating margin +€8,724
up €8,724 (+37.3%), from €23,387 to €32,111
- Taxes +€1,693
up €1,693 (+24.6%), from €6,887 to €8,580
- Other operating charges -€457
down €457 (-53.1%), from €861 to €404
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 | €36,409 | €24,755 | -€11,654 | -32.0% |
| Fixed assets | 21/28 | €35,000 | €7,000 | -€28,000 | -80.0% |
| Financial fixed assets | 28 | €35,000 | €7,000 | -€28,000 | -80.0% |
| Current assets | 29/58 | €1,409 | €17,755 | +€16,346 | +1160.1% |
| Amounts receivable within one year | 40/41 | €8 | €7,237 | +€7,229 | +90362.5% |
| Trade receivables | 40 | - | €7,237 | +€7,237 | |
| Other amounts receivable | 41 | €8 | - | -€8 | |
| Cash at bank and in hand | 54/58 | - | €2,780 | +€2,780 | |
| Deferred charges and accrued income | 490/1 | €1,401 | €7,738 | +€6,337 | +452.3% |
| Total equity and liabilities | 10/49 | €36,409 | €24,755 | -€11,654 | -32.0% |
| Equity | 10/15 | -€7,234 | -€15,139 | -€7,905 | -109.3% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,734 | -€21,639 | -€7,905 | -57.6% |
| Amounts payable | 17/49 | €43,643 | €39,894 | -€3,749 | -8.6% |
| Amounts payable within one year | 42/48 | €43,540 | €39,799 | -€3,741 | -8.6% |
| Financial debts | 43 | €2,772 | - | -€2,772 | |
| Credit institutions | 430/8 | €2,772 | - | -€2,772 | |
| Trade debts | 44 | €296 | €758 | +€462 | +156.1% |
| Suppliers | 440/4 | €296 | €758 | +€462 | +156.1% |
| Taxes, remuneration and social security | 45 | €3,910 | €10,485 | +€6,575 | +168.2% |
| Taxes | 450/3 | €3,910 | €10,485 | +€6,575 | +168.2% |
| Other amounts payable | 47/48 | €36,562 | €28,556 | -€8,006 | -21.9% |
| Accrued charges and deferred income | 492/3 | €103 | €95 | -€8 | -7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44 | - | -€44 | |
| Other operating charges | 640/8 | €861 | €404 | -€457 | -53.1% |
| Gross operating margin | 9900 | €23,387 | €32,111 | +€8,724 | +37.3% |
| Operating profit (loss) | 9901 | €22,482 | €31,707 | +€9,225 | +41.0% |
| Financial charges | 65/66B | €1,197 | €31,032 | +€29,835 | +2492.5% |
| Recurring financial charges | 65 | €1,197 | €3,032 | +€1,835 | +153.3% |
| Non-recurring financial charges | 66B | - | €28,000 | +€28,000 | |
| Profit (loss) for the period before taxes | 9903 | €21,285 | €675 | -€20,610 | -96.8% |
| Income taxes | 67/77 | €6,887 | €8,580 | +€1,693 | +24.6% |
| Profit (loss) for the period | 9904 | €14,398 | -€7,905 | -€22,303 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,398 | -€7,905 | -€22,303 |
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 12 October 2026 via checked.be.