ON - OFF: 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.
ON - OFF
Largest movements
- Tangible fixed assets +€18,763
new in 2025: €18,763
- Receivables within one year -€10,011
down €10,011 (-96.8%), from €10,337 to €326
of which Trade receivables: -€10,337
- Cash +€3,781
up €3,781 (+43.5%), from €8,694 to €12,474
mainly Other debts (+€25,228) and Receivables within one year (+€10,011)
- Stocks and contracts -€1,261
down €1,261 (-5.3%), from €23,952 to €22,692
- Other debts +€25,228
up €25,228 (+625.7%), from €4,032 to €29,260
- Reserves -€11,686
down €11,686 (-74.7%), from €15,654 to €3,968
of which Distributable reserves: -€11,686
- Tax, wage and social debts -€3,749
down €3,749 (-63.2%), from €5,933 to €2,184
- Trade debts +€1,479
up €1,479 (+15.3%), from €9,679 to €11,158
- Gross operating margin -€2,330
down €2,330 (-34.3%), from -€6,793 to -€9,123
- Depreciation +€388
up €388, from €0 to €388
- Other operating charges +€185
up €185 (+14.1%), from €1,309 to €1,494
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 | €42,983 | €54,255 | +€11,272 | +26.2% |
| Fixed assets | 21/28 | - | €18,763 | +€18,763 | |
| Tangible fixed assets | 22/27 | - | €18,763 | +€18,763 | |
| Furniture and vehicles | 24 | - | €18,763 | +€18,763 | |
| Current assets | 29/58 | €42,983 | €35,492 | -€7,491 | -17.4% |
| Stocks and contracts in progress | 3 | €23,952 | €22,692 | -€1,261 | -5.3% |
| Stocks | 30/36 | €23,952 | €22,692 | -€1,261 | -5.3% |
| Amounts receivable within one year | 40/41 | €10,337 | €326 | -€10,011 | -96.8% |
| Trade receivables | 40 | €10,337 | €0 | -€10,337 | -100.0% |
| Other amounts receivable | 41 | - | €326 | +€326 | |
| Cash at bank and in hand | 54/58 | €8,694 | €12,474 | +€3,781 | +43.5% |
| Total equity and liabilities | 10/49 | €42,983 | €54,255 | +€11,272 | +26.2% |
| Equity | 10/15 | €23,339 | €11,652 | -€11,686 | -50.1% |
| Contributions | 10/11 | €7,685 | €7,685 | = | 0.0% |
| Reserves | 13 | €15,654 | €3,968 | -€11,686 | -74.7% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €13,795 | €2,109 | -€11,686 | -84.7% |
| Amounts payable | 17/49 | €19,645 | €42,603 | +€22,958 | +116.9% |
| Amounts payable within one year | 42/48 | €19,645 | €42,603 | +€22,958 | +116.9% |
| Trade debts | 44 | €9,679 | €11,158 | +€1,479 | +15.3% |
| Suppliers | 440/4 | €9,679 | €11,158 | +€1,479 | +15.3% |
| Taxes, remuneration and social security | 45 | €5,933 | €2,184 | -€3,749 | -63.2% |
| Taxes | 450/3 | €5,933 | €2,184 | -€3,749 | -63.2% |
| Other amounts payable | 47/48 | €4,032 | €29,260 | +€25,228 | +625.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €388 | +€388 | |
| Other operating charges | 640/8 | €1,309 | €1,494 | +€185 | +14.1% |
| Gross operating margin | 9900 | -€6,793 | -€9,123 | -€2,330 | -34.3% |
| Operating profit (loss) | 9901 | -€8,102 | -€11,006 | -€2,904 | -35.8% |
| Financial charges | 65/66B | €315 | €399 | +€84 | +26.6% |
| Recurring financial charges | 65 | €315 | €399 | +€84 | +26.6% |
| Profit (loss) for the period before taxes | 9903 | -€8,417 | -€11,404 | -€2,987 | -35.5% |
| Income taxes | 67/77 | €279 | €282 | +€3 | +1.0% |
| Profit (loss) for the period | 9904 | -€8,696 | -€11,686 | -€2,990 | -34.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,696 | -€11,686 | -€2,990 | -34.4% |
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 2 October 2026 via checked.be.