Oldskool Belgium: 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.
Oldskool Belgium
Largest movements
- Cash +€9,651
up €9,651 (+76.8%), from €12,572 to €22,223
mainly Receivables after one year (+€9,375) and Tax, wage and social debts (+€5,557)
- Receivables after one year -€9,375
down €9,375 (-16.9%), from €55,469 to €46,094
- Tangible fixed assets -€2,774
down €2,774 (-13.4%), from €20,721 to €17,947
of which Plant, machinery and equipment: -€2,186
- Profit (loss) carried forward -€11,229
down €11,229 (-11.1%), from €100,913 to €89,684
- Tax, wage and social debts +€5,557
new in 2025: €5,557
- Trade debts +€4,191
up €4,191 (+317%), from €1,323 to €5,514
- Taxes +€12,031
new in 2025: €12,031
- Gross operating margin -€4,442
down €4,442 (-54.4%), from €8,170 to €3,728
- Financial income -€1,351
down €1,351 (-54.0%), from €2,500 to €1,149
- Depreciation +€499
up €499 (+21.9%), from €2,275 to €2,774
- Financial charges +€292
up €292 (+134%), from €218 to €510
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 | €107,321 | €105,755 | -€1,566 | -1.5% |
| Fixed assets | 21/28 | €21,121 | €18,347 | -€2,774 | -13.1% |
| Tangible fixed assets | 22/27 | €20,721 | €17,947 | -€2,774 | -13.4% |
| Plant, machinery and equipment | 23 | €15,086 | €12,900 | -€2,186 | -14.5% |
| Furniture and vehicles | 24 | €5,635 | €5,047 | -€588 | -10.4% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €86,200 | €87,408 | +€1,208 | +1.4% |
| Amounts receivable after more than one year | 29 | €55,469 | €46,094 | -€9,375 | -16.9% |
| Other amounts receivable | 291 | €55,469 | €46,094 | -€9,375 | -16.9% |
| Amounts receivable within one year | 40/41 | €18,159 | €19,091 | +€932 | +5.1% |
| Trade receivables | 40 | €570 | €7,234 | +€6,664 | +1,169% |
| Other amounts receivable | 41 | €17,589 | €11,857 | -€5,732 | -32.6% |
| Cash at bank and in hand | 54/58 | €12,572 | €22,223 | +€9,651 | +76.8% |
| Total equity and liabilities | 10/49 | €107,321 | €105,755 | -€1,566 | -1.5% |
| Equity | 10/15 | €105,913 | €94,684 | -€11,229 | -10.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €100,913 | €89,684 | -€11,229 | -11.1% |
| Amounts payable | 17/49 | €1,408 | €11,071 | +€9,663 | +686% |
| Amounts payable within one year | 42/48 | €1,408 | €11,071 | +€9,663 | +686% |
| Trade debts | 44 | €1,323 | €5,514 | +€4,191 | +317% |
| Suppliers | 440/4 | €1,323 | €5,514 | +€4,191 | +317% |
| Taxes, remuneration and social security | 45 | - | €5,557 | +€5,557 | |
| Taxes | 450/3 | - | €5,557 | +€5,557 | |
| Other amounts payable | 47/48 | €85 | - | -€85 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,275 | €2,774 | +€499 | +21.9% |
| Other operating charges | 640/8 | €781 | €791 | +€10 | +1.3% |
| Gross operating margin | 9900 | €8,170 | €3,728 | -€4,442 | -54.4% |
| Operating profit (loss) | 9901 | €5,114 | €163 | -€4,951 | -96.8% |
| Financial income | 75/76B | €2,500 | €1,149 | -€1,351 | -54.0% |
| Recurring financial income | 75 | €2,500 | €1,149 | -€1,351 | -54.0% |
| Financial charges | 65/66B | €218 | €510 | +€292 | +134% |
| Recurring financial charges | 65 | €218 | €510 | +€292 | +134% |
| Profit (loss) for the period before taxes | 9903 | €7,396 | €802 | -€6,594 | -89.2% |
| Income taxes | 67/77 | - | €12,031 | +€12,031 | |
| Profit (loss) for the period | 9904 | €7,396 | -€11,229 | -€18,625 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,396 | -€11,229 | -€18,625 |
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 28 October 2026 via checked.be.