PATENTS, PRODUCTS & ALGORITHMS: 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.
PATENTS, PRODUCTS & ALGORITHMS
Largest movements
- Cash -€2,538
down €2,538 (-69.6%), from €3,645 to €1,107
mainly Net result for the year (-€13,996) and Tax, wage and social debts (-€3,474)
- Receivables within one year -€2,283
down €2,283 (-35.9%), from €6,359 to €4,076
of which Trade receivables: -€2,420
- Stocks and contracts +€1,118
up €1,118 (+2.3%), from €48,305 to €49,424
- Other debts +€14,145
up €14,145 (+16.0%), from €88,184 to €102,329
- Profit (loss) carried forward -€13,996
down €13,996 (-16.8%), from -€83,158 to -€97,154
- Tax, wage and social debts -€3,474
down €3,474 (-100%), from €3,474 to €0
- Trade debts -€810
down €810 (-78.7%), from €1,029 to €219
- Gross operating margin -€34,205
down €34,205, from €20,504 to -€13,701
- Financial income +€816
up €816 (+7,895%), from €10 to €826
- Depreciation -€266
down €266 (-38.0%), from €701 to €435
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 | €59,529 | €55,394 | -€4,135 | -6.9% |
| Fixed assets | 21/28 | €1,118 | €683 | -€435 | -38.9% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €818 | €383 | -€435 | -53.2% |
| Plant, machinery and equipment | 23 | €818 | €383 | -€435 | -53.2% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €58,411 | €54,711 | -€3,700 | -6.3% |
| Stocks and contracts in progress | 3 | €48,305 | €49,424 | +€1,118 | +2.3% |
| Stocks | 30/36 | €48,305 | €49,424 | +€1,118 | +2.3% |
| Amounts receivable within one year | 40/41 | €6,359 | €4,076 | -€2,283 | -35.9% |
| Trade receivables | 40 | €2,420 | €0 | -€2,420 | -100% |
| Other amounts receivable | 41 | €3,939 | €4,076 | +€137 | +3.5% |
| Cash at bank and in hand | 54/58 | €3,645 | €1,107 | -€2,538 | -69.6% |
| Deferred charges and accrued income | 490/1 | €101 | €104 | +€2 | +2.4% |
| Total equity and liabilities | 10/49 | €59,529 | €55,394 | -€4,135 | -6.9% |
| Equity | 10/15 | -€33,158 | -€47,154 | -€13,996 | -42.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,158 | -€97,154 | -€13,996 | -16.8% |
| Amounts payable | 17/49 | €92,687 | €102,548 | +€9,861 | +10.6% |
| Amounts payable within one year | 42/48 | €92,687 | €102,548 | +€9,861 | +10.6% |
| Trade debts | 44 | €1,029 | €219 | -€810 | -78.7% |
| Suppliers | 440/4 | €1,029 | €219 | -€810 | -78.7% |
| Taxes, remuneration and social security | 45 | €3,474 | €0 | -€3,474 | -100% |
| Taxes | 450/3 | €3,474 | €0 | -€3,474 | -100% |
| Other amounts payable | 47/48 | €88,184 | €102,329 | +€14,145 | +16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €701 | €435 | -€266 | -38.0% |
| Other operating charges | 640/8 | €660 | €544 | -€116 | -17.5% |
| Gross operating margin | 9900 | €20,504 | -€13,701 | -€34,205 | |
| Operating profit (loss) | 9901 | €19,143 | -€14,680 | -€33,823 | |
| Financial income | 75/76B | €10 | €826 | +€816 | +7,895% |
| Recurring financial income | 75 | €10 | €826 | +€816 | +7,895% |
| Financial charges | 65/66B | €255 | €141 | -€114 | -44.6% |
| Recurring financial charges | 65 | €255 | €141 | -€114 | -44.6% |
| Profit (loss) for the period before taxes | 9903 | €18,898 | -€13,996 | -€32,894 | |
| Profit (loss) for the period | 9904 | €18,898 | -€13,996 | -€32,894 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,898 | -€13,996 | -€32,894 |
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 27 October 2026 via checked.be.