PERSONALIZE&ENGAGE: 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.
PERSONALIZE&ENGAGE
Largest movements
- Cash -€29,295
down €29,295 (-86.5%), from €33,870 to €4,574
mainly Net result for the year (-€36,124) and Receivables within one year (-€6,012)
- Receivables within one year +€6,012
up €6,012 (+82.0%), from €7,329 to €13,341
- Deferred charges and accrued income +€1,774
up €1,774 (+361%), from €492 to €2,265
- Tangible fixed assets +€779
up €779 (+12.7%), from €6,152 to €6,931
of which Land and buildings: +€3,434
- Profit (loss) carried forward -€36,124
new in 2025: -€36,124
- Other debts +€12,798
up €12,798 (+106%), from €12,052 to €24,850
- Trade debts +€4,562
up €4,562 (+4,289%), from €106 to €4,668
- Tax, wage and social debts -€1,967
down €1,967 (-13.1%), from €14,980 to €13,013
of which Remuneration and social security: -€2,423
- Gross operating margin -€47,740
down €47,740, from €14,730 to -€33,011
- Taxes -€4,272
down €4,272, from €4,007 to -€265
- Depreciation +€1,710
up €1,710 (+102%), from €1,674 to €3,385
- Financial charges -€570
down €570 (-83.2%), from €684 to €115
- Other operating charges -€375
down €375 (-85.5%), from €438 to €63
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 | €47,842 | €27,112 | -€20,730 | -43.3% |
| Fixed assets | 21/28 | €6,152 | €6,931 | +€779 | +12.7% |
| Tangible fixed assets | 22/27 | €6,152 | €6,931 | +€779 | +12.7% |
| Land and buildings | 22 | - | €3,434 | +€3,434 | |
| Plant, machinery and equipment | 23 | €2,559 | €1,014 | -€1,545 | -60.4% |
| Furniture and vehicles | 24 | €3,593 | €2,484 | -€1,109 | -30.9% |
| Current assets | 29/58 | €41,690 | €20,181 | -€21,510 | -51.6% |
| Amounts receivable within one year | 40/41 | €7,329 | €13,341 | +€6,012 | +82.0% |
| Trade receivables | 40 | €7,329 | €13,341 | +€6,012 | +82.0% |
| Cash at bank and in hand | 54/58 | €33,870 | €4,574 | -€29,295 | -86.5% |
| Deferred charges and accrued income | 490/1 | €492 | €2,265 | +€1,774 | +361% |
| Total equity and liabilities | 10/49 | €47,842 | €27,112 | -€20,730 | -43.3% |
| Equity | 10/15 | €20,704 | -€15,420 | -€36,124 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €17,704 | €17,704 | = | 0.0% |
| Distributable reserves | 133 | €17,704 | €17,704 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€36,124 | -€36,124 | |
| Amounts payable | 17/49 | €27,138 | €42,532 | +€15,393 | +56.7% |
| Amounts payable within one year | 42/48 | €27,138 | €42,532 | +€15,393 | +56.7% |
| Trade debts | 44 | €106 | €4,668 | +€4,562 | +4,289% |
| Suppliers | 440/4 | €106 | €4,668 | +€4,562 | +4,289% |
| Taxes, remuneration and social security | 45 | €14,980 | €13,013 | -€1,967 | -13.1% |
| Taxes | 450/3 | €12,557 | €13,013 | +€456 | +3.6% |
| Remuneration and social security | 454/9 | €2,423 | - | -€2,423 | |
| Other amounts payable | 47/48 | €12,052 | €24,850 | +€12,798 | +106% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,674 | €3,385 | +€1,710 | +102% |
| Other operating charges | 640/8 | €438 | €63 | -€375 | -85.5% |
| Gross operating margin | 9900 | €14,730 | -€33,011 | -€47,740 | |
| Operating profit (loss) | 9901 | €12,617 | -€36,459 | -€49,076 | |
| Financial income | 75/76B | - | €185 | +€185 | |
| Recurring financial income | 75 | - | €185 | +€185 | |
| Financial charges | 65/66B | €684 | €115 | -€570 | -83.2% |
| Recurring financial charges | 65 | €684 | €115 | -€570 | -83.2% |
| Profit (loss) for the period before taxes | 9903 | €11,933 | -€36,389 | -€48,322 | |
| Income taxes | 67/77 | €4,007 | -€265 | -€4,272 | |
| Profit (loss) for the period | 9904 | €7,926 | -€36,124 | -€44,050 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,926 | -€36,124 | -€44,050 |
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 17 October 2026 via checked.be.