Originality: 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.
Originality
Largest movements
- Cash -€23,603
down €23,603 (-24.0%), from €98,328 to €74,725
mainly Net result for the year (-€25,899) and Trade debts (-€12,604)
- Receivables within one year -€17,903
down €17,903 (-55.1%), from €32,483 to €14,581
of which Trade receivables: -€13,038
- Tangible fixed assets -€2,988
down €2,988 (-25.3%), from €11,796 to €8,808
of which Furniture and vehicles: -€1,541
- Deferred charges and accrued income +€2,685
up €2,685 (+2312.4%), from €116 to €2,801
- Profit (loss) carried forward -€25,899
down €25,899 (-39.1%), from -€66,275 to -€92,174
- Trade debts -€12,604
down €12,604 (-85.0%), from €14,820 to €2,216
- Other debts +€6,093
up €6,093 (+22.9%), from €26,582 to €32,675
- Advances received -€6,000
down €6,000 (-100.0%), from €6,000 to €0
- Tax, wage and social debts -€3,399
down €3,399 (-61.8%), from €5,502 to €2,103
- Gross operating margin +€28,629
up €28,629 (+59.6%), from -€48,075 to -€19,446
- Financial charges +€1,351
up €1,351 (+123.7%), from €1,092 to €2,443
- Depreciation +€1,190
up €1,190 (+66.2%), from €1,798 to €2,988
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 | €142,724 | €100,915 | -€41,809 | -29.3% |
| Fixed assets | 21/28 | €11,796 | €8,808 | -€2,988 | -25.3% |
| Tangible fixed assets | 22/27 | €11,796 | €8,808 | -€2,988 | -25.3% |
| Plant, machinery and equipment | 23 | €6,723 | €5,276 | -€1,447 | -21.5% |
| Furniture and vehicles | 24 | €5,073 | €3,533 | -€1,541 | -30.4% |
| Current assets | 29/58 | €130,927 | €92,107 | -€38,821 | -29.7% |
| Amounts receivable within one year | 40/41 | €32,483 | €14,581 | -€17,903 | -55.1% |
| Trade receivables | 40 | €27,619 | €14,581 | -€13,038 | -47.2% |
| Other amounts receivable | 41 | €4,864 | €0 | -€4,864 | -100.0% |
| Cash at bank and in hand | 54/58 | €98,328 | €74,725 | -€23,603 | -24.0% |
| Deferred charges and accrued income | 490/1 | €116 | €2,801 | +€2,685 | +2312.4% |
| Total equity and liabilities | 10/49 | €142,724 | €100,915 | -€41,809 | -29.3% |
| Equity | 10/15 | €89,820 | €63,921 | -€25,899 | -28.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €143,695 | €143,695 | = | 0.0% |
| Distributable reserves | 133 | €143,695 | €143,695 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€66,275 | -€92,174 | -€25,899 | -39.1% |
| Amounts payable | 17/49 | €52,904 | €36,995 | -€15,910 | -30.1% |
| Amounts payable within one year | 42/48 | €52,904 | €36,995 | -€15,910 | -30.1% |
| Trade debts | 44 | €14,820 | €2,216 | -€12,604 | -85.0% |
| Suppliers | 440/4 | €14,820 | €2,216 | -€12,604 | -85.0% |
| Advances received on contracts in progress | 46 | €6,000 | €0 | -€6,000 | -100.0% |
| Taxes, remuneration and social security | 45 | €5,502 | €2,103 | -€3,399 | -61.8% |
| Taxes | 450/3 | €5,502 | €2,103 | -€3,399 | -61.8% |
| Other amounts payable | 47/48 | €26,582 | €32,675 | +€6,093 | +22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,798 | €2,988 | +€1,190 | +66.2% |
| Other operating charges | 640/8 | €629 | €838 | +€209 | +33.3% |
| Non-recurring operating charges | 66A | €551 | €0 | -€551 | -100.0% |
| Gross operating margin | 9900 | -€48,075 | -€19,446 | +€28,629 | +59.6% |
| Operating profit (loss) | 9901 | -€51,053 | -€23,272 | +€27,782 | +54.4% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €1,092 | €2,443 | +€1,351 | +123.7% |
| Recurring financial charges | 65 | €1,092 | €2,443 | +€1,351 | +123.7% |
| Profit (loss) for the period before taxes | 9903 | -€52,145 | -€25,714 | +€26,431 | +50.7% |
| Income taxes | 67/77 | €177 | €185 | +€8 | +4.4% |
| Profit (loss) for the period | 9904 | -€52,322 | -€25,899 | +€26,423 | +50.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€52,322 | -€25,899 | +€26,423 | +50.5% |
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 11 October 2026 via checked.be.