O.R.LINKS: 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.
O.R.LINKS
Largest movements
- Cash -€9,788
down €9,788 (-40.6%), from €24,133 to €14,346
mainly Receivables within one year (-€8,186) and Investment in fixed assets (net) (-€5,367)
- Receivables within one year +€8,186
up €8,186 (+1,179%), from €694 to €8,881
of which Trade receivables: +€8,425
- Tangible fixed assets +€4,080
up €4,080 (+151%), from €2,697 to €6,776
of which Plant, machinery and equipment: +€2,665
- Trade debts +€8,554
up €8,554 (+408%), from €2,094 to €10,649
- Profit (loss) carried forward -€2,162
down €2,162 (-19.6%), from €11,048 to €8,886
- Other debts -€1,930
no longer reported in 2025 (was €1,930)
- Tax, wage and social debts -€1,830
down €1,830 (-87.3%), from €2,096 to €266
- Turnover -€31,353
no longer reported in 2025 (was €31,353)
- Purchases and services -€26,134
no longer reported in 2025 (was €26,134)
- Gross operating margin -€4,833
down €4,833 (-92.6%), from €5,219 to €386
- Taxes -€1,830
down €1,830 (-87.3%), from €2,096 to €266
- Depreciation +€580
up €580 (+81.9%), from €708 to €1,287
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 | €27,789 | €30,455 | +€2,666 | +9.6% |
| Fixed assets | 21/28 | €2,697 | €6,776 | +€4,080 | +151% |
| Tangible fixed assets | 22/27 | €2,697 | €6,776 | +€4,080 | +151% |
| Plant, machinery and equipment | 23 | - | €2,665 | +€2,665 | |
| Furniture and vehicles | 24 | €2,697 | €4,111 | +€1,414 | +52.4% |
| Current assets | 29/58 | €25,092 | €23,678 | -€1,414 | -5.6% |
| Amounts receivable within one year | 40/41 | €694 | €8,881 | +€8,186 | +1,179% |
| Trade receivables | 40 | - | €8,425 | +€8,425 | |
| Other amounts receivable | 41 | €694 | €456 | -€239 | -34.4% |
| Cash at bank and in hand | 54/58 | €24,133 | €14,346 | -€9,788 | -40.6% |
| Deferred charges and accrued income | 490/1 | €264 | €452 | +€187 | +70.9% |
| Total equity and liabilities | 10/49 | €27,789 | €30,455 | +€2,666 | +9.6% |
| Equity | 10/15 | €21,668 | €19,506 | -€2,162 | -10.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €620 | €620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Reserves not available under the articles | 1311 | - | €620 | +€620 | |
| Other | 1319 | €620 | - | -€620 | |
| Profit (loss) carried forward | 14 | €11,048 | €8,886 | -€2,162 | -19.6% |
| Amounts payable | 17/49 | €6,120 | €10,948 | +€4,828 | +78.9% |
| Amounts payable within one year | 42/48 | €6,120 | €10,915 | +€4,794 | +78.3% |
| Trade debts | 44 | €2,094 | €10,649 | +€8,554 | +408% |
| Suppliers | 440/4 | €2,094 | €10,649 | +€8,554 | +408% |
| Taxes, remuneration and social security | 45 | €2,096 | €266 | -€1,830 | -87.3% |
| Taxes | 450/3 | €2,096 | €266 | -€1,830 | -87.3% |
| Other amounts payable | 47/48 | €1,930 | - | -€1,930 | |
| Accrued charges and deferred income | 492/3 | - | €34 | +€34 | |
| Turnover | 70 | €31,353 | - | -€31,353 | |
| Goods, raw materials, services and sundry goods | 60/61 | €26,134 | - | -€26,134 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €708 | €1,287 | +€580 | +81.9% |
| Other operating charges | 640/8 | €932 | €958 | +€27 | +2.9% |
| Gross operating margin | 9900 | €5,219 | €386 | -€4,833 | -92.6% |
| Operating profit (loss) | 9901 | €3,580 | -€1,860 | -€5,440 | |
| Financial charges | 65/66B | €105 | €36 | -€68 | -65.3% |
| Recurring financial charges | 65 | €105 | €36 | -€68 | -65.3% |
| Non-recurring financial charges | 66B | €105 | - | -€105 | |
| Profit (loss) for the period before taxes | 9903 | €3,475 | -€1,896 | -€5,371 | |
| Income taxes | 67/77 | €2,096 | €266 | -€1,830 | -87.3% |
| Profit (loss) for the period | 9904 | €1,379 | -€2,162 | -€3,541 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,379 | -€2,162 | -€3,541 |
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 25 October 2026 via checked.be.