O10: what changed
O10
Largest movements
- Tangible fixed assets -€520
down €520 (-23.3%), from €2,229 to €1,709
of which Furniture and vehicles: -€326
- Profit (loss) carried forward -€1,779
down €1,779 (-6.4%), from -€27,770 to -€29,549
- Other debts +€1,563
up €1,563 (+8.0%), from €19,629 to €21,192
- Tax, wage and social debts -€190
no longer reported in 2025 (was €190)
- Trade debts -€164
no longer reported in 2025 (was €164)
- Gross operating margin +€2,486
up €2,486 (+78.7%), from -€3,157 to -€671
- Depreciation -€227
down €227 (-30.4%), from €746 to €519
- Other operating charges -€58
down €58 (-10.1%), from €573 to €515
- Financial charges -€46
down €46 (-38.0%), from €121 to €75
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,473 | €5,903 | -€570 | -8.8% |
| Fixed assets | 21/28 | €2,448 | €1,928 | -€520 | -21.2% |
| Tangible fixed assets | 22/27 | €2,229 | €1,709 | -€520 | -23.3% |
| Plant, machinery and equipment | 23 | €1,595 | €1,401 | -€194 | -12.2% |
| Furniture and vehicles | 24 | €634 | €308 | -€326 | -51.4% |
| Financial fixed assets | 28 | €219 | €219 | = | 0.0% |
| Current assets | 29/58 | €4,025 | €3,975 | -€50 | -1.2% |
| Stocks and contracts in progress | 3 | €2,634 | €2,634 | = | 0.0% |
| Stocks | 30/36 | €2,634 | €2,634 | = | 0.0% |
| Current investments | 50/53 | €3 | €3 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €112 | €62 | -€50 | -44.6% |
| Deferred charges and accrued income | 490/1 | €1,276 | €1,276 | = | 0.0% |
| Total equity and liabilities | 10/49 | €6,473 | €5,903 | -€570 | -8.8% |
| Equity | 10/15 | -€13,510 | -€15,289 | -€1,779 | -13.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | -€27,770 | -€29,549 | -€1,779 | -6.4% |
| Amounts payable | 17/49 | €19,983 | €21,192 | +€1,209 | +6.1% |
| Amounts payable within one year | 42/48 | €19,983 | €21,192 | +€1,209 | +6.1% |
| Trade debts | 44 | €164 | - | -€164 | |
| Suppliers | 440/4 | €164 | - | -€164 | |
| Taxes, remuneration and social security | 45 | €190 | - | -€190 | |
| Taxes | 450/3 | €190 | - | -€190 | |
| Other amounts payable | 47/48 | €19,629 | €21,192 | +€1,563 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €746 | €519 | -€227 | -30.4% |
| Other operating charges | 640/8 | €573 | €515 | -€58 | -10.1% |
| Gross operating margin | 9900 | -€3,157 | -€671 | +€2,486 | +78.7% |
| Operating profit (loss) | 9901 | -€4,476 | -€1,705 | +€2,771 | +61.9% |
| Financial charges | 65/66B | €121 | €75 | -€46 | -38.0% |
| Recurring financial charges | 65 | €121 | €75 | -€46 | -38.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,597 | -€1,780 | +€2,817 | +61.3% |
| Profit (loss) for the period | 9904 | -€4,597 | -€1,780 | +€2,817 | +61.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,597 | -€1,780 | +€2,817 | +61.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.