PERSPECTIV: 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.
PERSPECTIV
Largest movements
- Cash +€4,973
up €4,973 (+43.8%), from €11,356 to €16,329
mainly Depreciation (+€4,156) and Net result for the year (+€2,214)
- Tangible fixed assets -€4,156
down €4,156 (-86.3%), from €4,818 to €661
of which Other tangible fixed assets: -€2,722
- Receivables within one year -€1,350
down €1,350 (-11.8%), from €11,479 to €10,129
of which Other amounts receivable: -€3,984
- Trade debts -€2,269
down €2,269 (-95.5%), from €2,378 to €108
- Profit (loss) carried forward +€2,214
up €2,214 (+21.4%), from -€10,326 to -€8,112
- Tax, wage and social debts -€963
down €963 (-21.1%), from €4,565 to €3,602
of which Remuneration and social security: -€2,357
- Other debts +€485
new in 2025: €485
- Gross operating margin +€4,283
up €4,283 (+100%), from €4,264 to €8,547
- Depreciation -€3,506
down €3,506 (-45.8%), from €7,663 to €4,156
- Taxes +€773
up €773 (+125%), from €618 to €1,391
- Other operating charges -€140
down €140 (-16.4%), from €849 to €710
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 | €27,653 | €27,119 | -€533 | -1.9% |
| Fixed assets | 21/28 | €4,818 | €661 | -€4,156 | -86.3% |
| Tangible fixed assets | 22/27 | €4,818 | €661 | -€4,156 | -86.3% |
| Plant, machinery and equipment | 23 | €1,578 | €143 | -€1,435 | -90.9% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €3,240 | €518 | -€2,722 | -84.0% |
| Current assets | 29/58 | €22,835 | €26,458 | +€3,623 | +15.9% |
| Amounts receivable within one year | 40/41 | €11,479 | €10,129 | -€1,350 | -11.8% |
| Trade receivables | 40 | €6,003 | €8,637 | +€2,634 | +43.9% |
| Other amounts receivable | 41 | €5,476 | €1,492 | -€3,984 | -72.8% |
| Cash at bank and in hand | 54/58 | €11,356 | €16,329 | +€4,973 | +43.8% |
| Total equity and liabilities | 10/49 | €27,653 | €27,119 | -€533 | -1.9% |
| Equity | 10/15 | €20,710 | €22,925 | +€2,214 | +10.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €24,837 | €24,837 | = | 0.0% |
| Distributable reserves | 133 | €24,837 | €24,837 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,326 | -€8,112 | +€2,214 | +21.4% |
| Amounts payable | 17/49 | €6,943 | €4,195 | -€2,748 | -39.6% |
| Amounts payable within one year | 42/48 | €6,943 | €4,195 | -€2,748 | -39.6% |
| Trade debts | 44 | €2,378 | €108 | -€2,269 | -95.5% |
| Suppliers | 440/4 | €2,378 | €108 | -€2,269 | -95.5% |
| Taxes, remuneration and social security | 45 | €4,565 | €3,602 | -€963 | -21.1% |
| Taxes | 450/3 | €2,208 | €3,602 | +€1,394 | +63.1% |
| Remuneration and social security | 454/9 | €2,357 | - | -€2,357 | |
| Other amounts payable | 47/48 | - | €485 | +€485 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,663 | €4,156 | -€3,506 | -45.8% |
| Other operating charges | 640/8 | €849 | €710 | -€140 | -16.4% |
| Gross operating margin | 9900 | €4,264 | €8,547 | +€4,283 | +100% |
| Operating profit (loss) | 9901 | -€4,248 | €3,681 | +€7,929 | |
| Financial income | 75/76B | €45 | - | -€45 | |
| Recurring financial income | 75 | €45 | - | -€45 | |
| Financial charges | 65/66B | €98 | €76 | -€22 | -22.7% |
| Recurring financial charges | 65 | €98 | €76 | -€22 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,302 | €3,605 | +€7,907 | |
| Income taxes | 67/77 | €618 | €1,391 | +€773 | +125% |
| Profit (loss) for the period | 9904 | -€4,919 | €2,214 | +€7,133 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,919 | €2,214 | +€7,133 |
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 29 October 2026 via checked.be.