ONE TAKE: 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.
ONE TAKE
Largest movements
- Current investments +€17,725
up €17,725 (+207.8%), from €8,531 to €26,256
- Receivables within one year -€15,487
down €15,487 (-42.7%), from €36,295 to €20,808
of which Trade receivables: -€16,564
- Tangible fixed assets -€8,128
down €8,128 (-30.7%), from €26,467 to €18,339
- Debts after one year -€5,747
down €5,747 (-34.9%), from €16,480 to €10,733
- Short-term financial debts -€1,681
down €1,681 (-22.6%), from €7,428 to €5,747
of which Other loans: -€7,428
- Other debts +€1,228
up €1,228 (+340.2%), from €361 to €1,589
- Financial charges -€1,297
down €1,297 (-83.6%), from €1,551 to €254
- Gross operating margin +€1,153
up €1,153 (+14.5%), from €7,952 to €9,105
- Taxes -€280
no longer reported in 2025 (was €280)
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €72,406 | €66,737 | -€5,669 | -7.8% |
| Fixed assets | 21/28 | €26,467 | €18,339 | -€8,128 | -30.7% |
| Tangible fixed assets | 22/27 | €26,467 | €18,339 | -€8,128 | -30.7% |
| Furniture and vehicles | 24 | €26,467 | €18,339 | -€8,128 | -30.7% |
| Current assets | 29/58 | €45,939 | €48,398 | +€2,459 | +5.4% |
| Amounts receivable within one year | 40/41 | €36,295 | €20,808 | -€15,487 | -42.7% |
| Trade receivables | 40 | €26,539 | €9,975 | -€16,564 | -62.4% |
| Other amounts receivable | 41 | €9,756 | €10,833 | +€1,077 | +11.0% |
| Current investments | 50/53 | €8,531 | €26,256 | +€17,725 | +207.8% |
| Deferred charges and accrued income | 490/1 | €1,113 | €1,334 | +€221 | +19.9% |
| Total equity and liabilities | 10/49 | €72,406 | €66,737 | -€5,669 | -7.8% |
| Equity | 10/15 | €47,030 | €47,739 | +€709 | +1.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €10,500 | €10,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €500 | €500 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,530 | €32,239 | +€709 | +2.2% |
| Amounts payable | 17/49 | €25,376 | €18,998 | -€6,378 | -25.1% |
| Amounts payable after more than one year | 17 | €16,480 | €10,733 | -€5,747 | -34.9% |
| Financial debts | 170/4 | €16,480 | €10,733 | -€5,747 | -34.9% |
| Amounts payable within one year | 42/48 | €8,896 | €8,265 | -€631 | -7.1% |
| Financial debts | 43 | €7,428 | €5,747 | -€1,681 | -22.6% |
| Credit institutions | 430/8 | - | €5,747 | +€5,747 | |
| Other loans | 439 | €7,428 | - | -€7,428 | |
| Trade debts | 44 | €1,107 | €669 | -€438 | -39.6% |
| Suppliers | 440/4 | €1,107 | €669 | -€438 | -39.6% |
| Taxes, remuneration and social security | 45 | - | €260 | +€260 | |
| Taxes | 450/3 | - | €260 | +€260 | |
| Other amounts payable | 47/48 | €361 | €1,589 | +€1,228 | +340.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,128 | €8,128 | = | 0.0% |
| Other operating charges | 640/8 | €652 | €690 | +€38 | +5.8% |
| Gross operating margin | 9900 | €7,952 | €9,105 | +€1,153 | +14.5% |
| Operating profit (loss) | 9901 | -€828 | €287 | +€1,115 | |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €1,551 | €254 | -€1,297 | -83.6% |
| Recurring financial charges | 65 | €1,551 | €254 | -€1,297 | -83.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,369 | €33 | +€2,402 | |
| Income taxes | 67/77 | €280 | - | -€280 | |
| Profit (loss) for the period | 9904 | -€2,649 | €33 | +€2,682 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,649 | €33 | +€2,682 |
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 4 October 2026 via checked.be.