PERFORMANCE FISCALE ET COMPTABLE: 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.
PERFORMANCE FISCALE ET COMPTABLE
Largest movements
- Receivables after one year -€118,921
no longer reported in 2025 (was €118,921)
- Cash -€110,627
down €110,627 (-94.2%), from €117,462 to €6,834
mainly Other debts (-€220,000) and Receivables within one year (-€64,095)
- Receivables within one year +€64,095
up €64,095 (+80.9%), from €79,179 to €143,274
of which Other amounts receivable: +€89,539
- Tangible fixed assets -€7,682
down €7,682 (-26.1%), from €29,474 to €21,792
of which Furniture and vehicles: -€4,438
- Other debts -€220,000
no longer reported in 2025 (was €220,000)
- Profit (loss) carried forward +€58,857
up €58,857 (+1,311%), from €4,491 to €63,349
- Tax, wage and social debts -€9,446
down €9,446 (-49.5%), from €19,090 to €9,644
of which Taxes: -€8,241
- Gross operating margin -€86,963
down €86,963 (-39.7%), from €219,136 to €132,174
- Taxes -€17,624
down €17,624 (-37.0%), from €47,624 to €30,000
- Staff costs +€7,012
up €7,012 (+40.2%), from €17,426 to €24,438
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 | €345,691 | €175,828 | -€169,863 | -49.1% |
| Fixed assets | 21/28 | €29,474 | €21,982 | -€7,492 | -25.4% |
| Tangible fixed assets | 22/27 | €29,474 | €21,792 | -€7,682 | -26.1% |
| Furniture and vehicles | 24 | €6,088 | €1,650 | -€4,438 | -72.9% |
| Other tangible fixed assets | 26 | €23,386 | €20,142 | -€3,244 | -13.9% |
| Financial fixed assets | 28 | - | €190 | +€190 | |
| Current assets | 29/58 | €316,217 | €153,846 | -€162,371 | -51.3% |
| Amounts receivable after more than one year | 29 | €118,921 | - | -€118,921 | |
| Other amounts receivable | 291 | €118,921 | - | -€118,921 | |
| Amounts receivable within one year | 40/41 | €79,179 | €143,274 | +€64,095 | +80.9% |
| Trade receivables | 40 | €73,688 | €48,244 | -€25,444 | -34.5% |
| Other amounts receivable | 41 | €5,490 | €95,029 | +€89,539 | +1,631% |
| Cash at bank and in hand | 54/58 | €117,462 | €6,834 | -€110,627 | -94.2% |
| Deferred charges and accrued income | 490/1 | €656 | €3,738 | +€3,082 | +470% |
| Total equity and liabilities | 10/49 | €345,691 | €175,828 | -€169,863 | -49.1% |
| Equity | 10/15 | €101,566 | €160,424 | +€58,857 | +57.9% |
| Contributions | 10/11 | €88,250 | €88,250 | = | 0.0% |
| Capital | 10 | €88,250 | €88,250 | = | 0.0% |
| Issued capital | 100 | €88,250 | €88,250 | = | 0.0% |
| Share premium | 1100/10 | - | €0 | = | |
| Reserves | 13 | €8,825 | €8,825 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,825 | €8,825 | = | 0.0% |
| Legal reserve | 130 | €8,825 | €8,825 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,491 | €63,349 | +€58,857 | +1,311% |
| Amounts payable | 17/49 | €244,125 | €15,404 | -€228,721 | -93.7% |
| Amounts payable within one year | 42/48 | €244,125 | €15,404 | -€228,721 | -93.7% |
| Trade debts | 44 | €5,034 | €5,760 | +€725 | +14.4% |
| Suppliers | 440/4 | €5,034 | €5,760 | +€725 | +14.4% |
| Taxes, remuneration and social security | 45 | €19,090 | €9,644 | -€9,446 | -49.5% |
| Taxes | 450/3 | €16,320 | €8,078 | -€8,241 | -50.5% |
| Remuneration and social security | 454/9 | €2,771 | €1,566 | -€1,204 | -43.5% |
| Other amounts payable | 47/48 | €220,000 | - | -€220,000 | |
| Remuneration, social security and pensions | 62 | €17,426 | €24,438 | +€7,012 | +40.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,201 | €11,378 | +€177 | +1.6% |
| Other operating charges | 640/8 | €10,017 | €9,553 | -€464 | -4.6% |
| Gross operating margin | 9900 | €219,136 | €132,174 | -€86,963 | -39.7% |
| Operating profit (loss) | 9901 | €180,492 | €86,804 | -€93,688 | -51.9% |
| Financial income | 75/76B | €2,060 | €2,557 | +€497 | +24.1% |
| Recurring financial income | 75 | €2,060 | €2,557 | +€497 | +24.1% |
| Financial charges | 65/66B | €396 | €503 | +€107 | +26.9% |
| Recurring financial charges | 65 | €396 | €503 | +€107 | +26.9% |
| Profit (loss) for the period before taxes | 9903 | €182,156 | €88,857 | -€93,299 | -51.2% |
| Income taxes | 67/77 | €47,624 | €30,000 | -€17,624 | -37.0% |
| Profit (loss) for the period | 9904 | €134,532 | €58,857 | -€75,675 | -56.3% |
| Profit (loss) for the period to be appropriated | 9905 | €134,532 | €58,857 | -€75,675 | -56.3% |
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 21 October 2026 via checked.be.