POINTS CARDINAUX: 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.
POINTS CARDINAUX
Largest movements
- Cash -€9,435
down €9,435 (-99.9%), from €9,445 to €10
mainly Other debts (-€17,000) and Net result for the year (-€103)
- Tangible fixed assets -€6,327
down €6,327 (-4.9%), from €129,731 to €123,404
of which Land and buildings: -€6,197
- Other debts -€17,000
down €17,000 (-9.6%), from €177,963 to €160,963
- Gross operating margin -€1,052
down €1,052 (-10.4%), from €10,089 to €9,037
- Purchases and services +€1,052
up €1,052 (+104%), from €1,011 to €2,063
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 | €155,875 | €139,172 | -€16,703 | -10.7% |
| Fixed assets | 21/28 | €146,013 | €138,733 | -€7,280 | -5.0% |
| Intangible fixed assets | 21 | €16,282 | €15,329 | -€953 | -5.9% |
| Tangible fixed assets | 22/27 | €129,731 | €123,404 | -€6,327 | -4.9% |
| Land and buildings | 22 | €128,807 | €122,610 | -€6,197 | -4.8% |
| Furniture and vehicles | 24 | €925 | €794 | -€131 | -14.1% |
| Current assets | 29/58 | €9,862 | €439 | -€9,423 | -95.5% |
| Cash at bank and in hand | 54/58 | €9,445 | €10 | -€9,435 | -99.9% |
| Deferred charges and accrued income | 490/1 | €417 | €429 | +€12 | +2.9% |
| Total equity and liabilities | 10/49 | €155,875 | €139,172 | -€16,703 | -10.7% |
| Equity | 10/15 | -€22,088 | -€22,191 | -€103 | -0.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,088 | -€42,191 | -€103 | -0.2% |
| Amounts payable | 17/49 | €177,963 | €161,363 | -€16,600 | -9.3% |
| Amounts payable within one year | 42/48 | €177,963 | €161,363 | -€16,600 | -9.3% |
| Trade debts | 44 | - | €400 | +€400 | |
| Suppliers | 440/4 | - | €400 | +€400 | |
| Other amounts payable | 47/48 | €177,963 | €160,963 | -€17,000 | -9.6% |
| Turnover | 70 | €11,100 | €11,100 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,011 | €2,063 | +€1,052 | +104% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,310 | €7,280 | -€30 | -0.4% |
| Other operating charges | 640/8 | €1,780 | €1,836 | +€56 | +3.1% |
| Gross operating margin | 9900 | €10,089 | €9,037 | -€1,052 | -10.4% |
| Operating profit (loss) | 9901 | €999 | -€79 | -€1,078 | |
| Financial charges | 65/66B | €24 | €24 | = | 0.0% |
| Recurring financial charges | 65 | €24 | €24 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €975 | -€103 | -€1,078 | |
| Profit (loss) for the period | 9904 | €975 | -€103 | -€1,078 | |
| Profit (loss) for the period to be appropriated | 9905 | €975 | -€103 | -€1,078 |
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 13 October 2026 via checked.be.