PB 10: 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.
PB 10
Largest movements
- Receivables within one year -€3,353
down €3,353 (-64.8%), from €5,175 to €1,822
of which Trade receivables: -€3,357
- Intangible fixed assets -€2,858
down €2,858 (-20.0%), from €14,284 to €11,426
- Tangible fixed assets -€2,308
down €2,308 (-60.5%), from €3,812 to €1,504
of which Plant, machinery and equipment: -€1,608
- Cash -€2,264
down €2,264 (-12.5%), from €18,084 to €15,820
mainly Other debts (-€10,236) and Tax, wage and social debts (-€3,361)
- Other debts -€10,236
down €10,236 (-69.4%), from €14,740 to €4,504
- Tax, wage and social debts -€3,361
down €3,361 (-38.9%), from €8,644 to €5,282
- Profit (loss) carried forward +€2,433
up €2,433 (+11.5%), from €21,139 to €23,572
- Gross operating margin -€6,892
down €6,892 (-45.5%), from €15,155 to €8,263
- Taxes -€1,026
down €1,026 (-55.8%), from €1,837 to €811
- Financial income +€771
up €771 (+20240.4%), from €4 to €775
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 | €46,022 | €35,266 | -€10,756 | -23.4% |
| Fixed assets | 21/28 | €22,356 | €17,190 | -€5,166 | -23.1% |
| Intangible fixed assets | 21 | €14,284 | €11,426 | -€2,858 | -20.0% |
| Tangible fixed assets | 22/27 | €3,812 | €1,504 | -€2,308 | -60.5% |
| Plant, machinery and equipment | 23 | €2,450 | €842 | -€1,608 | -65.6% |
| Furniture and vehicles | 24 | €1,362 | €662 | -€700 | -51.4% |
| Financial fixed assets | 28 | €4,260 | €4,260 | = | 0.0% |
| Current assets | 29/58 | €23,666 | €18,076 | -€5,590 | -23.6% |
| Amounts receivable within one year | 40/41 | €5,175 | €1,822 | -€3,353 | -64.8% |
| Trade receivables | 40 | €5,175 | €1,818 | -€3,357 | -64.9% |
| Other amounts receivable | 41 | - | €4 | +€4 | |
| Cash at bank and in hand | 54/58 | €18,084 | €15,820 | -€2,264 | -12.5% |
| Deferred charges and accrued income | 490/1 | €406 | €434 | +€27 | +6.6% |
| Total equity and liabilities | 10/49 | €46,022 | €35,266 | -€10,756 | -23.4% |
| Equity | 10/15 | €22,639 | €25,072 | +€2,433 | +10.7% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,139 | €23,572 | +€2,433 | +11.5% |
| Amounts payable | 17/49 | €23,383 | €10,194 | -€13,189 | -56.4% |
| Amounts payable within one year | 42/48 | €23,383 | €9,790 | -€13,594 | -58.1% |
| Trade debts | 44 | - | €4 | +€4 | |
| Suppliers | 440/4 | - | €4 | +€4 | |
| Taxes, remuneration and social security | 45 | €8,644 | €5,282 | -€3,361 | -38.9% |
| Taxes | 450/3 | €8,644 | €5,282 | -€3,361 | -38.9% |
| Other amounts payable | 47/48 | €14,740 | €4,504 | -€10,236 | -69.4% |
| Accrued charges and deferred income | 492/3 | - | €404 | +€404 | |
| Remuneration, social security and pensions | 62 | €35 | €69 | +€35 | +100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,166 | €5,166 | = | 0.0% |
| Other operating charges | 640/8 | €285 | €213 | -€72 | -25.3% |
| Gross operating margin | 9900 | €15,155 | €8,263 | -€6,892 | -45.5% |
| Operating profit (loss) | 9901 | €9,669 | €2,814 | -€6,855 | -70.9% |
| Financial income | 75/76B | €4 | €775 | +€771 | +20240.4% |
| Recurring financial income | 75 | €4 | €775 | +€771 | +20240.4% |
| Financial charges | 65/66B | €489 | €345 | -€143 | -29.3% |
| Recurring financial charges | 65 | €489 | €345 | -€143 | -29.3% |
| Profit (loss) for the period before taxes | 9903 | €9,184 | €3,244 | -€5,940 | -64.7% |
| Income taxes | 67/77 | €1,837 | €811 | -€1,026 | -55.8% |
| Profit (loss) for the period | 9904 | €7,348 | €2,433 | -€4,915 | -66.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,348 | €2,433 | -€4,915 | -66.9% |
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 9 October 2026 via checked.be.