P90: 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.
P90
Largest movements
- Receivables within one year -€6,564
down €6,564 (-74.1%), from €8,863 to €2,300
of which Other amounts receivable: -€6,564
- Cash +€3,249
up €3,249 (+7.3%), from €44,365 to €47,614
mainly Receivables within one year (+€6,564) and Other debts (+€264)
- Tax, wage and social debts -€2,697
no longer reported in 2025 (was €2,697)
- Profit (loss) carried forward -€882
down €882 (-31.1%), from -€2,839 to -€3,720
- Gross operating margin +€1,542
up €1,542 (+66.2%), from -€2,329 to -€787
- Other operating charges -€885
no longer reported in 2025 (was €885)
- Financial income -€492
down €492 (-99.7%), from €493 to €1
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 | €53,228 | €49,914 | -€3,314 | -6.2% |
| Current assets | 29/58 | €53,228 | €49,914 | -€3,314 | -6.2% |
| Amounts receivable within one year | 40/41 | €8,863 | €2,300 | -€6,564 | -74.1% |
| Trade receivables | 40 | €2,171 | €2,171 | = | 0.0% |
| Other amounts receivable | 41 | €6,693 | €129 | -€6,564 | -98.1% |
| Cash at bank and in hand | 54/58 | €44,365 | €47,614 | +€3,249 | +7.3% |
| Total equity and liabilities | 10/49 | €53,228 | €49,914 | -€3,314 | -6.2% |
| Equity | 10/15 | €42,732 | €41,851 | -€882 | -2.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €26,971 | €26,971 | = | 0.0% |
| Distributable reserves | 133 | €26,971 | €26,971 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,839 | -€3,720 | -€882 | -31.1% |
| Amounts payable | 17/49 | €10,496 | €8,063 | -€2,433 | -23.2% |
| Amounts payable within one year | 42/48 | €10,496 | €8,063 | -€2,433 | -23.2% |
| Trade debts | 44 | €1,837 | €1,837 | = | 0.0% |
| Suppliers | 440/4 | €1,837 | €1,837 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,697 | - | -€2,697 | |
| Taxes | 450/3 | €2,697 | - | -€2,697 | |
| Other amounts payable | 47/48 | €5,962 | €6,226 | +€264 | +4.4% |
| Other operating charges | 640/8 | €885 | - | -€885 | |
| Gross operating margin | 9900 | -€2,329 | -€787 | +€1,542 | +66.2% |
| Operating profit (loss) | 9901 | -€3,214 | -€787 | +€2,427 | +75.5% |
| Financial income | 75/76B | €493 | €1 | -€492 | -99.7% |
| Recurring financial income | 75 | €493 | €1 | -€492 | -99.7% |
| Financial charges | 65/66B | €97 | €96 | -€1 | -1.2% |
| Recurring financial charges | 65 | €97 | €96 | -€1 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,817 | -€881 | +€1,936 | +68.7% |
| Income taxes | 67/77 | €21 | €0 | -€21 | -98.1% |
| Profit (loss) for the period | 9904 | -€2,839 | -€882 | +€1,957 | +68.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,839 | -€882 | +€1,957 | +68.9% |
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.