P - LINE: 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.
P - LINE
Largest movements
- Receivables within one year -€33,348
down €33,348 (-70.1%), from €47,573 to €14,225
- Stocks and contracts -€4,835
down €4,835 (-69.5%), from €6,960 to €2,124
- Cash -€4,097
down €4,097 (-27.2%), from €15,053 to €10,956
mainly Debts after one year (-€95,000) and Other debts (-€12,595)
- Debts after one year -€95,000
down €95,000 (-89.5%), from €106,100 to €11,100
- Profit (loss) carried forward +€59,954
up €59,954 (+50.2%), from -€119,478 to -€59,524
- Other debts -€12,595
down €12,595 (-23.7%), from €53,135 to €40,540
- Contributions +€12,400
up €12,400 (+200.0%), from €6,200 to €18,600
- Trade debts -€7,039
down €7,039 (-29.8%), from €23,629 to €16,589
- Gross operating margin +€9,808
up €9,808 (+18.4%), from €53,370 to €63,179
- Other operating charges +€1,499
up €1,499 (+89.0%), from €1,684 to €3,183
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 | €69,586 | €27,305 | -€42,280 | -60.8% |
| Current assets | 29/58 | €69,586 | €27,305 | -€42,280 | -60.8% |
| Stocks and contracts in progress | 3 | €6,960 | €2,124 | -€4,835 | -69.5% |
| Stocks | 30/36 | €6,960 | €2,124 | -€4,835 | -69.5% |
| Amounts receivable within one year | 40/41 | €47,573 | €14,225 | -€33,348 | -70.1% |
| Trade receivables | 40 | €47,573 | €14,225 | -€33,348 | -70.1% |
| Cash at bank and in hand | 54/58 | €15,053 | €10,956 | -€4,097 | -27.2% |
| Total equity and liabilities | 10/49 | €69,586 | €27,305 | -€42,280 | -60.8% |
| Equity | 10/15 | -€113,278 | -€40,924 | +€72,354 | +63.9% |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200.0% |
| Profit (loss) carried forward | 14 | -€119,478 | -€59,524 | +€59,954 | +50.2% |
| Amounts payable | 17/49 | €182,864 | €68,230 | -€114,634 | -62.7% |
| Amounts payable after more than one year | 17 | €106,100 | €11,100 | -€95,000 | -89.5% |
| Financial debts | 170/4 | €106,100 | €11,100 | -€95,000 | -89.5% |
| Amounts payable within one year | 42/48 | €76,764 | €57,130 | -€19,634 | -25.6% |
| Trade debts | 44 | €23,629 | €16,589 | -€7,039 | -29.8% |
| Suppliers | 440/4 | €23,629 | €16,589 | -€7,039 | -29.8% |
| Taxes, remuneration and social security | 45 | - | €0 | +€0 | |
| Taxes | 450/3 | - | €0 | +€0 | |
| Other amounts payable | 47/48 | €53,135 | €40,540 | -€12,595 | -23.7% |
| Other operating charges | 640/8 | €1,684 | €3,183 | +€1,499 | +89.0% |
| Gross operating margin | 9900 | €53,370 | €63,179 | +€9,808 | +18.4% |
| Operating profit (loss) | 9901 | €51,686 | €59,996 | +€8,310 | +16.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €46 | €42 | -€4 | -7.9% |
| Recurring financial charges | 65 | €46 | €42 | -€4 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €51,640 | €59,954 | +€8,313 | +16.1% |
| Profit (loss) for the period | 9904 | €51,640 | €59,954 | +€8,313 | +16.1% |
| Profit (loss) for the period to be appropriated | 9905 | €51,640 | €59,954 | +€8,313 | +16.1% |
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 7 October 2026 via checked.be.