Our Place: 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.
Our Place
Largest movements
- Tangible fixed assets -€16,831
down €16,831 (-22.8%), from €73,735 to €56,904
of which Furniture and vehicles: -€14,990
- Receivables within one year -€6,947
down €6,947 (-96.1%), from €7,232 to €285
- Deferred charges and accrued income -€1,660
down €1,660 (-84.1%), from €1,974 to €315
- Stocks and contracts -€946
no longer reported in 2025 (was €946)
- Cash +€940
up €940 (+38.4%), from €2,447 to €3,387
mainly Depreciation (+€16,831) and Receivables within one year (+€6,947)
- Profit (loss) carried forward -€14,807
down €14,807 (-50.2%), from -€29,493 to -€44,300
- Other debts -€10,027
down €10,027 (-8.9%), from €112,120 to €102,093
- Trade debts -€1,173
down €1,173 (-68.7%), from €1,708 to €535
- Gross operating margin -€21,954
down €21,954 (-88.8%), from €24,722 to €2,768
- Depreciation +€11,337
up €11,337 (+206.4%), from €5,494 to €16,831
- Taxes +€325
new in 2025: €325
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 | €86,335 | €60,892 | -€25,443 | -29.5% |
| Fixed assets | 21/28 | €73,735 | €56,904 | -€16,831 | -22.8% |
| Tangible fixed assets | 22/27 | €73,735 | €56,904 | -€16,831 | -22.8% |
| Plant, machinery and equipment | 23 | €3,217 | €1,375 | -€1,841 | -57.2% |
| Furniture and vehicles | 24 | €70,519 | €55,529 | -€14,990 | -21.3% |
| Current assets | 29/58 | €12,600 | €3,987 | -€8,612 | -68.4% |
| Stocks and contracts in progress | 3 | €946 | - | -€946 | |
| Stocks | 30/36 | €946 | - | -€946 | |
| Amounts receivable within one year | 40/41 | €7,232 | €285 | -€6,947 | -96.1% |
| Other amounts receivable | 41 | €7,232 | €285 | -€6,947 | -96.1% |
| Cash at bank and in hand | 54/58 | €2,447 | €3,387 | +€940 | +38.4% |
| Deferred charges and accrued income | 490/1 | €1,974 | €315 | -€1,660 | -84.1% |
| Total equity and liabilities | 10/49 | €86,335 | €60,892 | -€25,443 | -29.5% |
| Equity | 10/15 | -€27,493 | -€42,300 | -€14,807 | -53.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,493 | -€44,300 | -€14,807 | -50.2% |
| Amounts payable | 17/49 | €113,828 | €103,192 | -€10,636 | -9.3% |
| Amounts payable within one year | 42/48 | €113,828 | €103,192 | -€10,636 | -9.3% |
| Trade debts | 44 | €1,708 | €535 | -€1,173 | -68.7% |
| Suppliers | 440/4 | €1,708 | €535 | -€1,173 | -68.7% |
| Taxes, remuneration and social security | 45 | - | €564 | +€564 | |
| Taxes | 450/3 | - | €564 | +€564 | |
| Other amounts payable | 47/48 | €112,120 | €102,093 | -€10,027 | -8.9% |
| Remuneration, social security and pensions | 62 | €41 | - | -€41 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,494 | €16,831 | +€11,337 | +206.4% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Non-recurring operating charges | 66A | €15,167 | - | -€15,167 | |
| Gross operating margin | 9900 | €24,722 | €2,768 | -€21,954 | -88.8% |
| Operating profit (loss) | 9901 | €3,902 | -€14,183 | -€18,085 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €113 | €60 | -€53 | -46.8% |
| Recurring financial charges | 65 | €113 | €60 | -€53 | -46.8% |
| Profit (loss) for the period before taxes | 9903 | €3,789 | -€14,243 | -€18,032 | |
| Income taxes | 67/77 | - | €325 | +€325 | |
| Profit (loss) for the period | 9904 | €3,789 | -€14,568 | -€18,357 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,789 | -€14,568 | -€18,357 |
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 3 October 2026 via checked.be.