PI-Variations: 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.
PI-Variations
Largest movements
- Receivables within one year -€7,241
down €7,241 (-32.7%), from €22,124 to €14,884
of which Other amounts receivable: -€11,361
- Tangible fixed assets -€526
down €526 (-31.1%), from €1,693 to €1,167
- Profit (loss) carried forward -€14,552
down €14,552, from €3,013 to -€11,539
- Tax, wage and social debts +€7,339
up €7,339 (+79.6%), from €9,224 to €16,563
- Trade debts -€385
down €385 (-6.1%), from €6,293 to €5,907
- Gross operating margin -€25,631
down €25,631, from €19,555 to -€6,076
- Other operating charges +€2,829
up €2,829 (+548%), from €516 to €3,345
- Financial charges +€1,980
up €1,980 (+61.2%), from €3,237 to €5,216
- Taxes -€501
down €501 (-97.3%), from €515 to €14
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 | €24,730 | €17,131 | -€7,598 | -30.7% |
| Fixed assets | 21/28 | €1,693 | €1,167 | -€526 | -31.1% |
| Tangible fixed assets | 22/27 | €1,693 | €1,167 | -€526 | -31.1% |
| Furniture and vehicles | 24 | €1,693 | €1,167 | -€526 | -31.1% |
| Current assets | 29/58 | €23,037 | €15,965 | -€7,073 | -30.7% |
| Amounts receivable within one year | 40/41 | €22,124 | €14,884 | -€7,241 | -32.7% |
| Trade receivables | 40 | €3,730 | €7,850 | +€4,121 | +110% |
| Other amounts receivable | 41 | €18,395 | €7,033 | -€11,361 | -61.8% |
| Cash at bank and in hand | 54/58 | €913 | €1,081 | +€168 | +18.4% |
| Total equity and liabilities | 10/49 | €24,730 | €17,131 | -€7,598 | -30.7% |
| Equity | 10/15 | €9,213 | -€5,339 | -€14,552 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,013 | -€11,539 | -€14,552 | |
| Amounts payable | 17/49 | €15,517 | €22,471 | +€6,954 | +44.8% |
| Amounts payable within one year | 42/48 | €15,517 | €22,471 | +€6,954 | +44.8% |
| Trade debts | 44 | €6,293 | €5,907 | -€385 | -6.1% |
| Suppliers | 440/4 | €6,293 | €5,907 | -€385 | -6.1% |
| Taxes, remuneration and social security | 45 | €9,224 | €16,563 | +€7,339 | +79.6% |
| Taxes | 450/3 | €9,224 | €16,563 | +€7,339 | +79.6% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €650 | €526 | -€125 | -19.2% |
| Other operating charges | 640/8 | €516 | €3,345 | +€2,829 | +548% |
| Gross operating margin | 9900 | €19,555 | -€6,076 | -€25,631 | |
| Operating profit (loss) | 9901 | €18,389 | -€9,946 | -€28,335 | |
| Financial income | 75/76B | €552 | €625 | +€73 | +13.1% |
| Recurring financial income | 75 | €552 | €625 | +€73 | +13.1% |
| Financial charges | 65/66B | €3,237 | €5,216 | +€1,980 | +61.2% |
| Recurring financial charges | 65 | €3,237 | €5,216 | +€1,980 | +61.2% |
| Profit (loss) for the period before taxes | 9903 | €15,704 | -€14,538 | -€30,242 | |
| Income taxes | 67/77 | €515 | €14 | -€501 | -97.3% |
| Profit (loss) for the period | 9904 | €15,189 | -€14,552 | -€29,741 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,189 | -€14,552 | -€29,741 |
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 18 October 2026 via checked.be.