OB: 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.
OB
Largest movements
- Tangible fixed assets +€19,412
up €19,412 (+2121.4%), from €915 to €20,327
of which Furniture and vehicles: +€17,323
- Cash -€5,553
down €5,553 (-80.6%), from €6,886 to €1,333
mainly Net result for the year (-€32,902) and Investment in fixed assets (net) (-€21,737)
- Receivables within one year +€2,782
up €2,782 (+48.3%), from €5,763 to €8,545
of which Trade receivables: +€4,024
- Other debts +€43,514
up €43,514 (+165.4%), from €26,304 to €69,818
- Profit (loss) carried forward -€32,902
down €32,902 (-112.7%), from -€29,193 to -€62,095
- Trade debts +€6,030
up €6,030 (+39.0%), from €15,453 to €21,483
- Purchases and services +€15,636
up €15,636 (+57.0%), from €27,424 to €43,060
- Depreciation +€2,240
up €2,240 (+2637.0%), from €85 to €2,325
- Other operating charges +€1,485
up €1,485 (+141.7%), from €1,048 to €2,532
- Gross operating margin -€1,427
down €1,427 (-5.4%), from -€26,432 to -€27,859
- Turnover -€992
no longer reported in 2025 (was €992)
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 | €13,564 | €30,205 | +€16,641 | +122.7% |
| Fixed assets | 21/28 | €915 | €20,327 | +€19,412 | +2121.4% |
| Tangible fixed assets | 22/27 | €915 | €20,327 | +€19,412 | +2121.4% |
| Plant, machinery and equipment | 23 | - | €2,089 | +€2,089 | |
| Furniture and vehicles | 24 | €915 | €18,238 | +€17,323 | +1893.1% |
| Current assets | 29/58 | €12,649 | €9,878 | -€2,771 | -21.9% |
| Amounts receivable within one year | 40/41 | €5,763 | €8,545 | +€2,782 | +48.3% |
| Trade receivables | 40 | €2,515 | €6,538 | +€4,024 | +160.0% |
| Other amounts receivable | 41 | €3,248 | €2,007 | -€1,242 | -38.2% |
| Cash at bank and in hand | 54/58 | €6,886 | €1,333 | -€5,553 | -80.6% |
| Total equity and liabilities | 10/49 | €13,564 | €30,205 | +€16,641 | +122.7% |
| Equity | 10/15 | -€28,193 | -€61,095 | -€32,902 | -116.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,193 | -€62,095 | -€32,902 | -112.7% |
| Amounts payable | 17/49 | €41,757 | €91,301 | +€49,544 | +118.6% |
| Amounts payable within one year | 42/48 | €41,757 | €91,301 | +€49,544 | +118.6% |
| Trade debts | 44 | €15,453 | €21,483 | +€6,030 | +39.0% |
| Suppliers | 440/4 | €15,453 | €21,483 | +€6,030 | +39.0% |
| Other amounts payable | 47/48 | €26,304 | €69,818 | +€43,514 | +165.4% |
| Turnover | 70 | €992 | - | -€992 | |
| Goods, raw materials, services and sundry goods | 60/61 | €27,424 | €43,060 | +€15,636 | +57.0% |
| Remuneration, social security and pensions | 62 | €100 | - | -€100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85 | €2,325 | +€2,240 | +2637.0% |
| Other operating charges | 640/8 | €1,048 | €2,532 | +€1,485 | +141.7% |
| Gross operating margin | 9900 | -€26,432 | -€27,859 | -€1,427 | -5.4% |
| Operating profit (loss) | 9901 | -€27,665 | -€32,716 | -€5,051 | -18.3% |
| Financial charges | 65/66B | €91 | €186 | +€95 | +103.5% |
| Recurring financial charges | 65 | €91 | €186 | +€95 | +103.5% |
| Profit (loss) for the period before taxes | 9903 | -€27,756 | -€32,902 | -€5,146 | -18.5% |
| Profit (loss) for the period | 9904 | -€27,756 | -€32,902 | -€5,146 | -18.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,756 | -€32,902 | -€5,146 | -18.5% |
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 29 September 2026 via checked.be.