OUTLIERS: 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.
OUTLIERS
Largest movements
- Receivables within one year -€63,930
down €63,930 (-50.7%), from €126,163 to €62,233
of which Trade receivables: -€73,023
- Cash +€26,848
up €26,848 (+59.3%), from €45,255 to €72,102
mainly Receivables within one year (+€63,930) and Tax, wage and social debts (+€7,957)
- Deferred charges and accrued income -€4,051
down €4,051 (-69.2%), from €5,853 to €1,802
- Tangible fixed assets -€3,473
down €3,473 (-72.3%), from €4,803 to €1,330
of which Furniture and vehicles: -€3,074
- Trade debts -€30,271
down €30,271 (-52.3%), from €57,869 to €27,598
- Other debts -€22,491
down €22,491 (-64.9%), from €34,631 to €12,141
- Tax, wage and social debts +€7,957
up €7,957 (+9.3%), from €85,250 to €93,207
of which Remuneration and social security: +€16,583
- Gross operating margin +€76,426
up €76,426 (+24.3%), from €314,664 to €391,090
- Staff costs +€47,042
up €47,042 (+14.4%), from €327,033 to €374,075
- Financial charges +€9,262
up €9,262 (+231%), from €4,013 to €13,275
of which Non-recurring financial charges: +€6,669
- Financial income +€4,792
up €4,792 (+8,138%), from €59 to €4,851
of which Non-recurring financial income: +€4,831
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 | €182,074 | €137,505 | -€44,569 | -24.5% |
| Fixed assets | 21/28 | €4,803 | €1,330 | -€3,473 | -72.3% |
| Tangible fixed assets | 22/27 | €4,803 | €1,330 | -€3,473 | -72.3% |
| Plant, machinery and equipment | 23 | €1,729 | €1,330 | -€399 | -23.1% |
| Furniture and vehicles | 24 | €3,074 | - | -€3,074 | |
| Current assets | 29/58 | €177,271 | €136,175 | -€41,095 | -23.2% |
| Stocks and contracts in progress | 3 | - | €38 | +€38 | |
| Stocks | 30/36 | - | €38 | +€38 | |
| Amounts receivable within one year | 40/41 | €126,163 | €62,233 | -€63,930 | -50.7% |
| Trade receivables | 40 | €107,170 | €34,147 | -€73,023 | -68.1% |
| Other amounts receivable | 41 | €18,993 | €28,085 | +€9,092 | +47.9% |
| Cash at bank and in hand | 54/58 | €45,255 | €72,102 | +€26,848 | +59.3% |
| Deferred charges and accrued income | 490/1 | €5,853 | €1,802 | -€4,051 | -69.2% |
| Total equity and liabilities | 10/49 | €182,074 | €137,505 | -€44,569 | -24.5% |
| Equity | 10/15 | €4,325 | €4,560 | +€235 | +5.4% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,676 | -€1,440 | +€235 | +14.0% |
| Amounts payable | 17/49 | €177,749 | €132,946 | -€44,804 | -25.2% |
| Amounts payable within one year | 42/48 | €177,749 | €132,946 | -€44,804 | -25.2% |
| Trade debts | 44 | €57,869 | €27,598 | -€30,271 | -52.3% |
| Suppliers | 440/4 | €57,869 | €27,598 | -€30,271 | -52.3% |
| Taxes, remuneration and social security | 45 | €85,250 | €93,207 | +€7,957 | +9.3% |
| Taxes | 450/3 | €39,455 | €30,829 | -€8,626 | -21.9% |
| Remuneration and social security | 454/9 | €45,794 | €62,378 | +€16,583 | +36.2% |
| Other amounts payable | 47/48 | €34,631 | €12,141 | -€22,491 | -64.9% |
| Remuneration, social security and pensions | 62 | €327,033 | €374,075 | +€47,042 | +14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €650 | €3,473 | +€2,823 | +434% |
| Other operating charges | 640/8 | €4,925 | €3,507 | -€1,418 | -28.8% |
| Gross operating margin | 9900 | €314,664 | €391,090 | +€76,426 | +24.3% |
| Operating profit (loss) | 9901 | -€17,944 | €10,035 | +€27,979 | |
| Financial income | 75/76B | €59 | €4,851 | +€4,792 | +8,138% |
| Recurring financial income | 75 | €59 | €20 | -€39 | -66.4% |
| Non-recurring financial income | 76B | - | €4,831 | +€4,831 | |
| Financial charges | 65/66B | €4,013 | €13,275 | +€9,262 | +231% |
| Recurring financial charges | 65 | €4,013 | €6,606 | +€2,594 | +64.6% |
| Non-recurring financial charges | 66B | - | €6,669 | +€6,669 | |
| Profit (loss) for the period before taxes | 9903 | -€21,898 | €1,610 | +€23,509 | |
| Income taxes | 67/77 | €247 | €1,375 | +€1,128 | +457% |
| Profit (loss) for the period | 9904 | -€22,145 | €235 | +€22,380 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,145 | €235 | +€22,380 |
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 25 October 2026 via checked.be.