OPEN LEX: 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.
OPEN LEX
Largest movements
- Intangible fixed assets -€42,020
down €42,020 (-42.2%), from €99,558 to €57,538
- Cash +€36,721
up €36,721 (+1410.7%), from €2,603 to €39,324
mainly Depreciation (+€42,020) and Tax, wage and social debts (+€5,071)
- Profit (loss) carried forward -€13,988
down €13,988 (-105.4%), from -€13,276 to -€27,264
- Tax, wage and social debts +€5,071
up €5,071 (+31.5%), from €16,082 to €21,153
of which Remuneration and social security: +€2,632
- Trade debts +€3,776
up €3,776 (+4.8%), from €79,487 to €83,263
- Staff costs -€20,058
down €20,058 (-20.8%), from €96,308 to €76,250
- Gross operating margin +€11,635
up €11,635 (+12.5%), from €93,220 to €104,855
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 | €110,341 | €105,200 | -€5,141 | -4.7% |
| Fixed assets | 21/28 | €101,334 | €59,314 | -€42,020 | -41.5% |
| Intangible fixed assets | 21 | €99,558 | €57,538 | -€42,020 | -42.2% |
| Financial fixed assets | 28 | €1,776 | €1,776 | = | 0.0% |
| Current assets | 29/58 | €9,007 | €45,886 | +€36,879 | +409.4% |
| Amounts receivable within one year | 40/41 | €6,404 | €6,403 | -€1 | 0.0% |
| Trade receivables | 40 | €6,404 | €6,403 | -€1 | 0.0% |
| Cash at bank and in hand | 54/58 | €2,603 | €39,324 | +€36,721 | +1410.7% |
| Deferred charges and accrued income | 490/1 | - | €159 | +€159 | |
| Total equity and liabilities | 10/49 | €110,341 | €105,200 | -€5,141 | -4.7% |
| Equity | 10/15 | €14,224 | €236 | -€13,988 | -98.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,276 | -€27,264 | -€13,988 | -105.4% |
| Amounts payable | 17/49 | €96,117 | €104,964 | +€8,847 | +9.2% |
| Amounts payable within one year | 42/48 | €96,117 | €104,964 | +€8,847 | +9.2% |
| Financial debts | 43 | €281 | €281 | = | 0.0% |
| Other loans | 439 | €281 | €281 | = | 0.0% |
| Trade debts | 44 | €79,487 | €83,263 | +€3,776 | +4.8% |
| Suppliers | 440/4 | €79,487 | €83,263 | +€3,776 | +4.8% |
| Taxes, remuneration and social security | 45 | €16,082 | €21,153 | +€5,071 | +31.5% |
| Taxes | 450/3 | €5,281 | €7,720 | +€2,439 | +46.2% |
| Remuneration and social security | 454/9 | €10,801 | €13,433 | +€2,632 | +24.4% |
| Other amounts payable | 47/48 | €267 | €267 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €96,308 | €76,250 | -€20,058 | -20.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,021 | €42,020 | -€1 | 0.0% |
| Other operating charges | 640/8 | €402 | €400 | -€2 | -0.5% |
| Gross operating margin | 9900 | €93,220 | €104,855 | +€11,635 | +12.5% |
| Operating profit (loss) | 9901 | -€45,511 | -€13,815 | +€31,696 | +69.6% |
| Financial income | 75/76B | - | €45 | +€45 | |
| Recurring financial income | 75 | - | €45 | +€45 | |
| Financial charges | 65/66B | €161 | €216 | +€55 | +34.2% |
| Recurring financial charges | 65 | €161 | €216 | +€55 | +34.2% |
| Profit (loss) for the period before taxes | 9903 | -€45,672 | -€13,986 | +€31,686 | +69.4% |
| Profit (loss) for the period | 9904 | -€45,672 | -€13,986 | +€31,686 | +69.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€45,672 | -€13,986 | +€31,686 | +69.4% |
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 12 October 2026 via checked.be.