PAPERLESS MANAGEMENT: 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.
PAPERLESS MANAGEMENT
Largest movements
- Tangible fixed assets -€5,490
down €5,490 (-33.5%), from €16,378 to €10,887
of which Furniture and vehicles: -€4,844
- Intangible fixed assets -€3,599
down €3,599 (-33.3%), from €10,798 to €7,198
- Receivables within one year -€1,336
down €1,336 (-7.9%), from €16,874 to €15,538
- Deferred charges and accrued income +€542
new in 2025: €542
- Profit (loss) carried forward -€15,339
down €15,339 (-43.8%), from -€35,015 to -€50,354
- Other debts +€3,606
up €3,606 (+7.1%), from €51,040 to €54,646
- Trade debts +€2,891
up €2,891 (+456.1%), from €634 to €3,524
- Tax, wage and social debts -€1,042
down €1,042 (-27.6%), from €3,778 to €2,736
- Gross operating margin -€6,394
down €6,394, from €3,076 to -€3,318
- Depreciation +€1,561
up €1,561 (+20.7%), from €7,529 to €9,090
- Other operating charges +€1,123
up €1,123 (+179.1%), from €627 to €1,751
- Financial charges -€129
down €129 (-12.8%), from €1,012 to €883
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 | €44,053 | €34,169 | -€9,884 | -22.4% |
| Fixed assets | 21/28 | €27,175 | €18,086 | -€9,090 | -33.4% |
| Intangible fixed assets | 21 | €10,798 | €7,198 | -€3,599 | -33.3% |
| Tangible fixed assets | 22/27 | €16,378 | €10,887 | -€5,490 | -33.5% |
| Plant, machinery and equipment | 23 | €4,824 | €4,178 | -€646 | -13.4% |
| Furniture and vehicles | 24 | €11,554 | €6,710 | -€4,844 | -41.9% |
| Current assets | 29/58 | €16,878 | €16,083 | -€794 | -4.7% |
| Amounts receivable within one year | 40/41 | €16,874 | €15,538 | -€1,336 | -7.9% |
| Trade receivables | 40 | €16,874 | €15,538 | -€1,336 | -7.9% |
| Cash at bank and in hand | 54/58 | €3 | €3 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | - | €542 | +€542 | |
| Total equity and liabilities | 10/49 | €44,053 | €34,169 | -€9,884 | -22.4% |
| Equity | 10/15 | -€16,015 | -€31,354 | -€15,339 | -95.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €400 | €400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €400 | €400 | = | 0.0% |
| Reserves not available under the articles | 1311 | €400 | €400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,015 | -€50,354 | -€15,339 | -43.8% |
| Amounts payable | 17/49 | €60,067 | €65,523 | +€5,455 | +9.1% |
| Amounts payable within one year | 42/48 | €60,067 | €65,523 | +€5,455 | +9.1% |
| Financial debts | 43 | €4,616 | €4,617 | +€1 | 0.0% |
| Credit institutions | 430/8 | €4,616 | €4,617 | +€1 | 0.0% |
| Trade debts | 44 | €634 | €3,524 | +€2,891 | +456.1% |
| Suppliers | 440/4 | €634 | €3,524 | +€2,891 | +456.1% |
| Taxes, remuneration and social security | 45 | €3,778 | €2,736 | -€1,042 | -27.6% |
| Taxes | 450/3 | €3,778 | €2,736 | -€1,042 | -27.6% |
| Other amounts payable | 47/48 | €51,040 | €54,646 | +€3,606 | +7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,529 | €9,090 | +€1,561 | +20.7% |
| Other operating charges | 640/8 | €627 | €1,751 | +€1,123 | +179.1% |
| Gross operating margin | 9900 | €3,076 | -€3,318 | -€6,394 | |
| Operating profit (loss) | 9901 | -€5,081 | -€14,158 | -€9,078 | -178.7% |
| Financial charges | 65/66B | €1,012 | €883 | -€129 | -12.8% |
| Recurring financial charges | 65 | €1,012 | €883 | -€129 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | -€6,093 | -€15,041 | -€8,949 | -146.9% |
| Income taxes | 67/77 | €304 | €298 | -€6 | -2.1% |
| Profit (loss) for the period | 9904 | -€6,397 | -€15,339 | -€8,942 | -139.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,397 | -€15,339 | -€8,942 | -139.8% |
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 9 October 2026 via checked.be.