PHONE OFF: 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.
PHONE OFF
Largest movements
- Tangible fixed assets +€5,006
up €5,006 (+28.1%), from €17,806 to €22,811
of which Other tangible fixed assets: +€8,126
- Other debts +€9,761
up €9,761 (+9.7%), from €100,245 to €110,006
- Profit (loss) carried forward -€8,212
down €8,212 (-9.6%), from -€85,467 to -€93,678
- Trade debts +€3,893
up €3,893 (+411.9%), from €945 to €4,838
- Depreciation +€2,537
up €2,537 (+61.0%), from €4,157 to €6,694
- Gross operating margin +€1,278
up €1,278 (+72.3%), from -€1,767 to -€490
- Financial charges +€99
up €99 (+18.6%), from €530 to €628
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 | €23,780 | €29,222 | +€5,442 | +22.9% |
| Fixed assets | 21/28 | €18,856 | €23,861 | +€5,006 | +26.5% |
| Tangible fixed assets | 22/27 | €17,806 | €22,811 | +€5,006 | +28.1% |
| Plant, machinery and equipment | 23 | €14,064 | €10,944 | -€3,120 | -22.2% |
| Furniture and vehicles | 24 | - | €0 | = | |
| Other tangible fixed assets | 26 | €3,742 | €11,868 | +€8,126 | +217.2% |
| Financial fixed assets | 28 | €1,050 | €1,050 | = | 0.0% |
| Current assets | 29/58 | €4,924 | €5,361 | +€436 | +8.9% |
| Amounts receivable within one year | 40/41 | €4,895 | €5,129 | +€234 | +4.8% |
| Trade receivables | 40 | €3,900 | €3,900 | = | 0.0% |
| Other amounts receivable | 41 | €995 | €1,229 | +€234 | +23.5% |
| Cash at bank and in hand | 54/58 | €29 | €231 | +€202 | +689.3% |
| Total equity and liabilities | 10/49 | €23,780 | €29,222 | +€5,442 | +22.9% |
| Equity | 10/15 | -€77,410 | -€85,622 | -€8,212 | -10.6% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,467 | -€93,678 | -€8,212 | -9.6% |
| Amounts payable | 17/49 | €101,190 | €114,844 | +€13,654 | +13.5% |
| Amounts payable within one year | 42/48 | €101,190 | €114,844 | +€13,654 | +13.5% |
| Trade debts | 44 | €945 | €4,838 | +€3,893 | +411.9% |
| Suppliers | 440/4 | €945 | €4,838 | +€3,893 | +411.9% |
| Other amounts payable | 47/48 | €100,245 | €110,006 | +€9,761 | +9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,157 | €6,694 | +€2,537 | +61.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€1,767 | -€490 | +€1,278 | +72.3% |
| Operating profit (loss) | 9901 | -€6,311 | -€7,583 | -€1,272 | -20.2% |
| Financial charges | 65/66B | €530 | €628 | +€99 | +18.6% |
| Recurring financial charges | 65 | €530 | €628 | +€99 | +18.6% |
| Profit (loss) for the period before taxes | 9903 | -€6,841 | -€8,212 | -€1,371 | -20.0% |
| Profit (loss) for the period | 9904 | -€6,841 | -€8,212 | -€1,371 | -20.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,841 | -€8,212 | -€1,371 | -20.0% |
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 6 October 2026 via checked.be.