Out There: 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.
Out There
Largest movements
- Receivables within one year +€9,580
up €9,580 (+73.9%), from €12,965 to €22,545
of which Trade receivables: +€6,445
- Tangible fixed assets -€8,679
down €8,679 (-88.9%), from €9,767 to €1,088
of which Furniture and vehicles: -€7,264
- Cash +€8,129
up €8,129 (+36.9%), from €22,050 to €30,179
mainly Other debts (+€29,278) and Investment in fixed assets (net) (+€7,864)
- Other debts +€29,278
up €29,278 (+1,667%), from €1,756 to €31,035
- Reserves -€26,173
down €26,173 (-35.4%), from €74,020 to €47,847
- Trade debts +€2,893
up €2,893, from €0 to €2,893
- Tax, wage and social debts +€2,805
up €2,805 (+41.5%), from €6,764 to €9,569
of which Remuneration and social security: +€2,400
- Gross operating margin +€6,094
up €6,094 (+47.3%), from €12,896 to €18,990
- Depreciation -€3,666
down €3,666 (-81.8%), from €4,480 to €814
- Financial charges +€1,867
up €1,867 (+147%), from €1,271 to €3,139
- Taxes -€603
down €603 (-17.9%), from €3,369 to €2,766
- Other operating charges -€273
down €273 (-18.2%), from €1,499 to €1,225
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.
Derived cash bridge
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 | €88,741 | €97,585 | +€8,844 | +10.0% |
| Fixed assets | 21/28 | €39,767 | €31,088 | -€8,679 | -21.8% |
| Tangible fixed assets | 22/27 | €9,767 | €1,088 | -€8,679 | -88.9% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €2,503 | €1,088 | -€1,415 | -56.5% |
| Furniture and vehicles | 24 | €7,264 | €0 | -€7,264 | -100% |
| Financial fixed assets | 28 | €30,000 | €30,000 | = | 0.0% |
| Current assets | 29/58 | €48,974 | €66,497 | +€17,523 | +35.8% |
| Amounts receivable after more than one year | 29 | €7,335 | €7,335 | = | 0.0% |
| Other amounts receivable | 291 | €7,335 | €7,335 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,965 | €22,545 | +€9,580 | +73.9% |
| Trade receivables | 40 | €9,527 | €15,972 | +€6,445 | +67.7% |
| Other amounts receivable | 41 | €3,438 | €6,573 | +€3,134 | +91.2% |
| Cash at bank and in hand | 54/58 | €22,050 | €30,179 | +€8,129 | +36.9% |
| Deferred charges and accrued income | 490/1 | €6,625 | €6,438 | -€186 | -2.8% |
| Total equity and liabilities | 10/49 | €88,741 | €97,585 | +€8,844 | +10.0% |
| Equity | 10/15 | €80,220 | €54,047 | -€26,173 | -32.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €74,020 | €47,847 | -€26,173 | -35.4% |
| Distributable reserves | 133 | €74,020 | €47,847 | -€26,173 | -35.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €8,521 | €43,538 | +€35,017 | +411% |
| Amounts payable within one year | 42/48 | €8,521 | €43,497 | +€34,976 | +410% |
| Trade debts | 44 | €0 | €2,893 | +€2,893 | |
| Suppliers | 440/4 | €0 | €2,893 | +€2,893 | |
| Taxes, remuneration and social security | 45 | €6,764 | €9,569 | +€2,805 | +41.5% |
| Taxes | 450/3 | €6,764 | €7,169 | +€405 | +6.0% |
| Remuneration and social security | 454/9 | - | €2,400 | +€2,400 | |
| Other amounts payable | 47/48 | €1,756 | €31,035 | +€29,278 | +1,667% |
| Accrued charges and deferred income | 492/3 | - | €41 | +€41 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,480 | €814 | -€3,666 | -81.8% |
| Other operating charges | 640/8 | €1,499 | €1,225 | -€273 | -18.2% |
| Non-recurring operating charges | 66A | - | €7,864 | +€7,864 | |
| Gross operating margin | 9900 | €12,896 | €18,990 | +€6,094 | +47.3% |
| Operating profit (loss) | 9901 | €6,916 | €9,086 | +€2,169 | +31.4% |
| Financial income | 75/76B | €794 | €825 | +€31 | +3.9% |
| Recurring financial income | 75 | €794 | €825 | +€31 | +3.9% |
| Financial charges | 65/66B | €1,271 | €3,139 | +€1,867 | +147% |
| Recurring financial charges | 65 | €1,271 | €3,139 | +€1,867 | +147% |
| Profit (loss) for the period before taxes | 9903 | €6,439 | €6,772 | +€333 | +5.2% |
| Income taxes | 67/77 | €3,369 | €2,766 | -€603 | -17.9% |
| Profit (loss) for the period | 9904 | €3,070 | €4,006 | +€936 | +30.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,070 | €4,006 | +€936 | +30.5% |
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 24 October 2026 via checked.be.