OwnerSide: 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.
OwnerSide
Largest movements
- Cash -€12,234
down €12,234 (-87.8%), from €13,933 to €1,699
mainly Net result for the year (-€17,069) and Trade debts (-€8,006)
- Tangible fixed assets -€1,469
down €1,469 (-24.6%), from €5,968 to €4,498
of which Plant, machinery and equipment: -€1,232
- Receivables within one year -€1,098
down €1,098 (-3.9%), from €28,457 to €27,358
of which Trade receivables: -€1,125
- Deferred charges and accrued income -€696
down €696 (-51.7%), from €1,348 to €652
- Profit (loss) carried forward -€17,069
down €17,069 (-176.4%), from -€9,675 to -€26,744
- Trade debts -€8,006
down €8,006 (-42.7%), from €18,736 to €10,730
- Tax, wage and social debts +€5,413
up €5,413 (+52.3%), from €10,359 to €15,771
of which Remuneration and social security: +€4,295
- Other debts +€4,165
up €4,165 (+47.3%), from €8,800 to €12,965
- Gross operating margin -€7,391
down €7,391 (-6.0%), from €123,470 to €116,079
- Staff costs +€3,080
up €3,080 (+2.5%), from €124,569 to €127,649
- Financial charges +€1,493
up €1,493 (+865.4%), from €173 to €1,666
of which Financial charges: +€1,493
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 | €49,705 | €34,207 | -€15,498 | -31.2% |
| Fixed assets | 21/28 | €5,968 | €4,498 | -€1,469 | -24.6% |
| Tangible fixed assets | 22/27 | €5,968 | €4,498 | -€1,469 | -24.6% |
| Land and buildings | 22 | €879 | €642 | -€238 | -27.0% |
| Plant, machinery and equipment | 23 | €5,088 | €3,856 | -€1,232 | -24.2% |
| Current assets | 29/58 | €43,738 | €29,709 | -€14,029 | -32.1% |
| Amounts receivable within one year | 40/41 | €28,457 | €27,358 | -€1,098 | -3.9% |
| Trade receivables | 40 | €26,623 | €25,499 | -€1,125 | -4.2% |
| Other amounts receivable | 41 | €1,833 | €1,860 | +€26 | +1.4% |
| Cash at bank and in hand | 54/58 | €13,933 | €1,699 | -€12,234 | -87.8% |
| Deferred charges and accrued income | 490/1 | €1,348 | €652 | -€696 | -51.7% |
| Total equity and liabilities | 10/49 | €49,705 | €34,207 | -€15,498 | -31.2% |
| Equity | 10/15 | €11,810 | -€5,259 | -€17,069 | |
| Contributions | 10/11 | €9,000 | €9,000 | = | 0.0% |
| Reserves | 13 | €12,485 | €12,485 | = | 0.0% |
| Distributable reserves | 133 | €12,485 | €12,485 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,675 | -€26,744 | -€17,069 | -176.4% |
| Amounts payable | 17/49 | €37,895 | €39,466 | +€1,571 | +4.1% |
| Amounts payable within one year | 42/48 | €37,895 | €39,466 | +€1,571 | +4.1% |
| Trade debts | 44 | €18,736 | €10,730 | -€8,006 | -42.7% |
| Suppliers | 440/4 | €18,736 | €10,730 | -€8,006 | -42.7% |
| Taxes, remuneration and social security | 45 | €10,359 | €15,771 | +€5,413 | +52.3% |
| Taxes | 450/3 | €5,806 | €6,924 | +€1,118 | +19.2% |
| Remuneration and social security | 454/9 | €4,553 | €8,848 | +€4,295 | +94.3% |
| Other amounts payable | 47/48 | €8,800 | €12,965 | +€4,165 | +47.3% |
| Remuneration, social security and pensions | 62 | €124,569 | €127,649 | +€3,080 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,532 | €2,485 | +€953 | +62.3% |
| Other operating charges | 640/8 | €387 | €892 | +€504 | +130.2% |
| Gross operating margin | 9900 | €123,470 | €116,079 | -€7,391 | -6.0% |
| Operating profit (loss) | 9901 | -€3,018 | -€14,947 | -€11,929 | -395.3% |
| Financial income | 75/76B | €82 | €15 | -€67 | -81.7% |
| Recurring financial income | 75 | €82 | €15 | -€67 | -81.7% |
| Non-recurring financial income | 76B | €82 | - | -€82 | |
| Financial charges | 65/66B | €173 | €1,666 | +€1,493 | +865.4% |
| Recurring financial charges | 65 | €173 | €1,666 | +€1,493 | +865.4% |
| Non-recurring financial charges | 66B | €173 | - | -€173 | |
| Profit (loss) for the period before taxes | 9903 | -€3,108 | -€16,597 | -€13,489 | -434.0% |
| Income taxes | 67/77 | €1,058 | €472 | -€586 | -55.4% |
| Profit (loss) for the period | 9904 | -€4,166 | -€17,069 | -€12,903 | -309.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,166 | -€17,069 | -€12,903 | -309.7% |
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 1 October 2026 via checked.be.