PIT STOP 3: 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.
PIT STOP 3
Largest movements
- Tangible fixed assets -€21,305
down €21,305 (-8.1%), from €262,278 to €240,973
of which Land and buildings: -€17,316
- Receivables within one year -€2,750
down €2,750 (-47.8%), from €5,750 to €3,000
of which Other amounts receivable: -€2,750
- Other debts -€28,666
down €28,666 (-25.0%), from €114,873 to €86,207
- Profit (loss) carried forward +€13,189
up €13,189 (+26.1%), from -€50,473 to -€37,283
- Debts after one year -€12,263
down €12,263 (-7.4%), from €166,610 to €154,347
- Turnover -€97,000
no longer reported in 2025 (was €97,000)
- Purchases and services -€81,273
down €81,273 (-56.8%), from €143,122 to €61,848
- Gross operating margin +€42,473
up €42,473, from -€6,122 to €36,352
- Depreciation +€3,850
up €3,850 (+22.1%), from €17,455 to €21,305
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 | €272,504 | €245,534 | -€26,970 | -9.9% |
| Fixed assets | 21/28 | €264,478 | €240,973 | -€23,505 | -8.9% |
| Tangible fixed assets | 22/27 | €262,278 | €240,973 | -€21,305 | -8.1% |
| Land and buildings | 22 | €258,289 | €240,973 | -€17,316 | -6.7% |
| Plant, machinery and equipment | 23 | €3,989 | €0 | -€3,989 | -100.0% |
| Financial fixed assets | 28 | €2,200 | €0 | -€2,200 | -100.0% |
| Current assets | 29/58 | €8,026 | €4,561 | -€3,465 | -43.2% |
| Amounts receivable within one year | 40/41 | €5,750 | €3,000 | -€2,750 | -47.8% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €5,750 | €3,000 | -€2,750 | -47.8% |
| Cash at bank and in hand | 54/58 | €2,276 | €1,561 | -€715 | -31.4% |
| Total equity and liabilities | 10/49 | €272,504 | €245,534 | -€26,970 | -9.9% |
| Equity | 10/15 | -€20,473 | -€7,283 | +€13,189 | +64.4% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Capital | 10 | €30,000 | €30,000 | = | 0.0% |
| Issued capital | 100 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,473 | -€37,283 | +€13,189 | +26.1% |
| Amounts payable | 17/49 | €292,976 | €252,817 | -€40,159 | -13.7% |
| Amounts payable after more than one year | 17 | €166,610 | €154,347 | -€12,263 | -7.4% |
| Financial debts | 170/4 | €166,610 | €154,347 | -€12,263 | -7.4% |
| Amounts payable within one year | 42/48 | €126,366 | €98,470 | -€27,896 | -22.1% |
| Current portion of amounts payable after more than one year | 42 | €11,493 | €12,263 | +€770 | +6.7% |
| Trade debts | 44 | €0 | €0 | = | |
| Suppliers | 440/4 | €0 | €0 | = | |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €114,873 | €86,207 | -€28,666 | -25.0% |
| Turnover | 70 | €97,000 | - | -€97,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €143,122 | €61,848 | -€81,273 | -56.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,455 | €21,305 | +€3,850 | +22.1% |
| Other operating charges | 640/8 | €167 | - | -€167 | |
| Gross operating margin | 9900 | -€6,122 | €36,352 | +€42,473 | |
| Operating profit (loss) | 9901 | -€23,744 | €15,047 | +€38,791 | |
| Financial charges | 65/66B | €2,447 | €1,857 | -€589 | -24.1% |
| Recurring financial charges | 65 | €2,447 | €1,857 | -€589 | -24.1% |
| Profit (loss) for the period before taxes | 9903 | -€26,191 | €13,189 | +€39,380 | |
| Profit (loss) for the period | 9904 | -€26,191 | €13,189 | +€39,380 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,191 | €13,189 | +€39,380 |
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 1 October 2026 via checked.be.