PINK BUBBLES: 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.
PINK BUBBLES
Largest movements
- Tangible fixed assets +€6,099
up €6,099 (+76.3%), from €7,994 to €14,092
of which Furniture and vehicles: +€9,332
- Cash +€1,170
up €1,170 (+23.1%), from €5,069 to €6,240
mainly Debts after one year (+€12,985) and Depreciation (+€4,874)
- Receivables within one year -€1,042
down €1,042 (-17.6%), from €5,910 to €4,867
- Deferred charges and accrued income -€334
down €334 (-80.1%), from €417 to €83
- Other debts -€14,071
down €14,071 (-100%), from €14,071 to €0
- Debts after one year +€12,985
up €12,985 (+514%), from €2,528 to €15,514
- Tax, wage and social debts +€2,735
up €2,735 (+36.8%), from €7,427 to €10,162
of which Taxes: +€1,807
- Profit (loss) carried forward +€1,602
up €1,602 (+5.1%), from -€31,187 to -€29,585
- Trade debts +€1,317
up €1,317 (+19.9%), from €6,615 to €7,932
- Gross operating margin -€2,687
down €2,687 (-6.3%), from €42,870 to €40,183
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 | €22,981 | €28,738 | +€5,757 | +25.1% |
| Fixed assets | 21/28 | €8,163 | €14,262 | +€6,099 | +74.7% |
| Tangible fixed assets | 22/27 | €7,994 | €14,092 | +€6,099 | +76.3% |
| Furniture and vehicles | 24 | €61 | €9,392 | +€9,332 | +15,417% |
| Other tangible fixed assets | 26 | €7,933 | €4,700 | -€3,233 | -40.8% |
| Financial fixed assets | 28 | €170 | €170 | = | 0.0% |
| Current assets | 29/58 | €14,818 | €14,477 | -€341 | -2.3% |
| Stocks and contracts in progress | 3 | €3,422 | €3,287 | -€136 | -4.0% |
| Stocks | 30/36 | €3,422 | €3,287 | -€136 | -4.0% |
| Amounts receivable within one year | 40/41 | €5,910 | €4,867 | -€1,042 | -17.6% |
| Trade receivables | 40 | €5,910 | €4,867 | -€1,042 | -17.6% |
| Cash at bank and in hand | 54/58 | €5,069 | €6,240 | +€1,170 | +23.1% |
| Deferred charges and accrued income | 490/1 | €417 | €83 | -€334 | -80.1% |
| Total equity and liabilities | 10/49 | €22,981 | €28,738 | +€5,757 | +25.1% |
| Equity | 10/15 | -€12,587 | -€10,985 | +€1,602 | +12.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,187 | -€29,585 | +€1,602 | +5.1% |
| Amounts payable | 17/49 | €35,568 | €39,723 | +€4,155 | +11.7% |
| Amounts payable after more than one year | 17 | €2,528 | €15,514 | +€12,985 | +514% |
| Financial debts | 170/4 | €2,528 | €15,514 | +€12,985 | +514% |
| Amounts payable within one year | 42/48 | €33,040 | €24,210 | -€8,831 | -26.7% |
| Current portion of amounts payable after more than one year | 42 | €4,927 | €6,115 | +€1,189 | +24.1% |
| Trade debts | 44 | €6,615 | €7,932 | +€1,317 | +19.9% |
| Suppliers | 440/4 | €6,615 | €7,932 | +€1,317 | +19.9% |
| Taxes, remuneration and social security | 45 | €7,427 | €10,162 | +€2,735 | +36.8% |
| Taxes | 450/3 | €2,661 | €4,468 | +€1,807 | +67.9% |
| Remuneration and social security | 454/9 | €4,766 | €5,694 | +€928 | +19.5% |
| Other amounts payable | 47/48 | €14,071 | €0 | -€14,071 | -100% |
| Remuneration, social security and pensions | 62 | €29,663 | €29,432 | -€231 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,585 | €4,874 | +€289 | +6.3% |
| Other operating charges | 640/8 | €458 | €728 | +€270 | +58.9% |
| Gross operating margin | 9900 | €42,870 | €40,183 | -€2,687 | -6.3% |
| Operating profit (loss) | 9901 | €8,164 | €5,149 | -€3,014 | -36.9% |
| Financial income | 75/76B | €6 | €10 | +€5 | +86.2% |
| Recurring financial income | 75 | €6 | €10 | +€5 | +86.2% |
| Financial charges | 65/66B | €3,781 | €3,557 | -€224 | -5.9% |
| Recurring financial charges | 65 | €3,781 | €3,557 | -€224 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | €4,388 | €1,602 | -€2,785 | -63.5% |
| Profit (loss) for the period | 9904 | €4,388 | €1,602 | -€2,785 | -63.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,388 | €1,602 | -€2,785 | -63.5% |
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 26 October 2026 via checked.be.