Peaklevel: 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.
Peaklevel
Largest movements
- Cash -€18,195
down €18,195 (-91.1%), from €19,969 to €1,774
mainly Other debts (-€11,446) and Debts after one year (-€5,094)
- Tangible fixed assets -€8,441
down €8,441 (-47.0%), from €17,966 to €9,525
of which Other tangible fixed assets: -€6,658
- Receivables within one year +€2,728
up €2,728 (+5.9%), from €46,272 to €49,000
of which Trade receivables: +€3,302
- Other debts -€11,446
down €11,446 (-14.4%), from €79,353 to €67,907
- Debts after one year -€5,094
down €5,094 (-71.8%), from €7,094 to €2,000
- Profit (loss) carried forward -€4,886
down €4,886 (-8.2%), from -€59,384 to -€64,269
- Current portion of long-term debt -€2,975
down €2,975 (-10.6%), from €28,070 to €25,094
- Gross operating margin -€6,853
down €6,853 (-52.2%), from €13,119 to €6,266
- Other operating charges +€890
up €890 (+228.8%), from €389 to €1,279
- Financial charges -€701
down €701 (-32.9%), from €2,133 to €1,432
- Depreciation -€136
down €136 (-1.6%), from €8,576 to €8,441
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 | €85,106 | €60,711 | -€24,395 | -28.7% |
| Fixed assets | 21/28 | €17,966 | €9,525 | -€8,441 | -47.0% |
| Tangible fixed assets | 22/27 | €17,966 | €9,525 | -€8,441 | -47.0% |
| Plant, machinery and equipment | 23 | €3,104 | €1,321 | -€1,783 | -57.4% |
| Other tangible fixed assets | 26 | €14,862 | €8,204 | -€6,658 | -44.8% |
| Current assets | 29/58 | €67,140 | €51,186 | -€15,954 | -23.8% |
| Amounts receivable within one year | 40/41 | €46,272 | €49,000 | +€2,728 | +5.9% |
| Trade receivables | 40 | €4,298 | €7,600 | +€3,302 | +76.8% |
| Other amounts receivable | 41 | €41,974 | €41,400 | -€574 | -1.4% |
| Cash at bank and in hand | 54/58 | €19,969 | €1,774 | -€18,195 | -91.1% |
| Deferred charges and accrued income | 490/1 | €899 | €413 | -€487 | -54.1% |
| Total equity and liabilities | 10/49 | €85,106 | €60,711 | -€24,395 | -28.7% |
| Equity | 10/15 | -€40,008 | -€44,893 | -€4,886 | -12.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €776 | €776 | = | 0.0% |
| Non-distributable reserves | 130/1 | €776 | €776 | = | 0.0% |
| Reserves not available under the articles | 1311 | €776 | €776 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,384 | -€64,269 | -€4,886 | -8.2% |
| Amounts payable | 17/49 | €125,113 | €105,604 | -€19,509 | -15.6% |
| Amounts payable after more than one year | 17 | €7,094 | €2,000 | -€5,094 | -71.8% |
| Financial debts | 170/4 | €7,094 | €2,000 | -€5,094 | -71.8% |
| Amounts payable within one year | 42/48 | €117,388 | €103,267 | -€14,121 | -12.0% |
| Current portion of amounts payable after more than one year | 42 | €28,070 | €25,094 | -€2,975 | -10.6% |
| Trade debts | 44 | €9,966 | €10,189 | +€223 | +2.2% |
| Suppliers | 440/4 | €9,966 | €10,189 | +€223 | +2.2% |
| Taxes, remuneration and social security | 45 | - | €77 | +€77 | |
| Taxes | 450/3 | - | €77 | +€77 | |
| Other amounts payable | 47/48 | €79,353 | €67,907 | -€11,446 | -14.4% |
| Accrued charges and deferred income | 492/3 | €631 | €337 | -€294 | -46.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,576 | €8,441 | -€136 | -1.6% |
| Other operating charges | 640/8 | €389 | €1,279 | +€890 | +228.8% |
| Gross operating margin | 9900 | €13,119 | €6,266 | -€6,853 | -52.2% |
| Operating profit (loss) | 9901 | €4,154 | -€3,454 | -€7,608 | |
| Financial charges | 65/66B | €2,133 | €1,432 | -€701 | -32.9% |
| Recurring financial charges | 65 | €2,133 | €1,432 | -€701 | -32.9% |
| Profit (loss) for the period before taxes | 9903 | €2,021 | -€4,886 | -€6,907 | |
| Profit (loss) for the period | 9904 | €2,021 | -€4,886 | -€6,907 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,021 | -€4,886 | -€6,907 |
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 11 October 2026 via checked.be.