PLUS: 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.
PLUS
Largest movements
- Cash -€1,672
down €1,672 (-52.9%), from €3,162 to €1,490
mainly Net result for the year (-€17,601) and Receivables within one year (-€1,104)
- Receivables within one year +€1,104
up €1,104 (+7.1%), from €15,633 to €16,737
of which Other amounts receivable: +€1,377
- Profit (loss) carried forward -€17,601
down €17,601 (-3.6%), from -€495,294 to -€512,895
- Other debts +€15,012
up €15,012 (+3.1%), from €478,659 to €493,671
- Trade debts +€2,667
up €2,667 (+23.8%), from €11,220 to €13,887
- Tax, wage and social debts -€646
no longer reported in 2025 (was €646)
- Gross operating margin -€23,842
down €23,842, from €6,539 to -€17,303
- Other operating charges -€292
down €292 (-34.6%), from €846 to €554
- Financial income -€203
down €203 (-40.3%), from €504 to €301
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 | €18,796 | €18,227 | -€568 | -3.0% |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €18,796 | €18,227 | -€568 | -3.0% |
| Amounts receivable within one year | 40/41 | €15,633 | €16,737 | +€1,104 | +7.1% |
| Trade receivables | 40 | €15,348 | €15,075 | -€273 | -1.8% |
| Other amounts receivable | 41 | €286 | €1,662 | +€1,377 | +482.0% |
| Cash at bank and in hand | 54/58 | €3,162 | €1,490 | -€1,672 | -52.9% |
| Total equity and liabilities | 10/49 | €18,796 | €18,227 | -€568 | -3.0% |
| Equity | 10/15 | -€476,645 | -€494,245 | -€17,601 | -3.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €49 | €49 | = | 0.0% |
| Distributable reserves | 133 | €49 | €49 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€495,294 | -€512,895 | -€17,601 | -3.6% |
| Amounts payable | 17/49 | €495,440 | €512,473 | +€17,032 | +3.4% |
| Amounts payable after more than one year | 17 | €4,915 | €4,915 | = | 0.0% |
| Other amounts payable | 178/9 | €4,915 | €4,915 | = | 0.0% |
| Amounts payable within one year | 42/48 | €490,525 | €507,558 | +€17,032 | +3.5% |
| Trade debts | 44 | €11,220 | €13,887 | +€2,667 | +23.8% |
| Suppliers | 440/4 | €11,220 | €13,887 | +€2,667 | +23.8% |
| Taxes, remuneration and social security | 45 | €646 | - | -€646 | |
| Taxes | 450/3 | €646 | - | -€646 | |
| Other amounts payable | 47/48 | €478,659 | €493,671 | +€15,012 | +3.1% |
| Non-recurring operating income | 76A | €18,100 | - | -€18,100 | |
| Other operating charges | 640/8 | €846 | €554 | -€292 | -34.6% |
| Gross operating margin | 9900 | €6,539 | -€17,303 | -€23,842 | |
| Operating profit (loss) | 9901 | €5,693 | -€17,857 | -€23,549 | |
| Financial income | 75/76B | €504 | €301 | -€203 | -40.3% |
| Recurring financial income | 75 | €504 | €301 | -€203 | -40.3% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €6,152 | -€17,601 | -€23,752 | |
| Income taxes | 67/77 | €30 | - | -€30 | |
| Profit (loss) for the period | 9904 | €6,122 | -€17,601 | -€23,723 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,122 | -€17,601 | -€23,723 |
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.