Poll: 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.
Poll
Largest movements
- Receivables within one year +€22,259
up €22,259 (+53.5%), from €41,603 to €63,862
of which Trade receivables: +€17,716
- Deferred charges and accrued income -€8,530
down €8,530 (-95.2%), from €8,957 to €427
- Cash -€8,038
down €8,038 (-63.8%), from €12,605 to €4,567
mainly Receivables within one year (-€22,259) and Contributions, distributions and other (-€20,000)
- Tangible fixed assets +€3,015
up €3,015 (+167.9%), from €1,796 to €4,811
of which Furniture and vehicles: +€2,790
- Reserves -€21,189
down €21,189 (-59.1%), from €35,879 to €14,691
- Other debts +€21,061
up €21,061 (+1805.0%), from €1,167 to €22,228
- Accrued charges and deferred income +€9,141
up €9,141 (+2930.7%), from €312 to €9,453
- Tax, wage and social debts -€1,256
down €1,256 (-9.9%), from €12,752 to €11,496
- Trade debts +€949
up €949 (+8.0%), from €11,851 to €12,800
- Gross operating margin -€30,174
down €30,174 (-73.5%), from €41,047 to €10,873
- Taxes -€7,364
down €7,364 (-89.2%), from €8,256 to €892
- Other operating charges +€3,580
up €3,580 (+57.1%), from €6,270 to €9,849
- Financial charges -€437
down €437 (-46.3%), from €943 to €506
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 | €64,962 | €73,667 | +€8,706 | +13.4% |
| Fixed assets | 21/28 | €1,796 | €4,811 | +€3,015 | +167.9% |
| Tangible fixed assets | 22/27 | €1,796 | €4,811 | +€3,015 | +167.9% |
| Plant, machinery and equipment | 23 | €1,119 | €1,344 | +€225 | +20.1% |
| Furniture and vehicles | 24 | €677 | €3,467 | +€2,790 | +412.3% |
| Current assets | 29/58 | €63,166 | €68,856 | +€5,691 | +9.0% |
| Amounts receivable within one year | 40/41 | €41,603 | €63,862 | +€22,259 | +53.5% |
| Trade receivables | 40 | €41,539 | €59,254 | +€17,716 | +42.6% |
| Other amounts receivable | 41 | €64 | €4,608 | +€4,544 | +7049.7% |
| Cash at bank and in hand | 54/58 | €12,605 | €4,567 | -€8,038 | -63.8% |
| Deferred charges and accrued income | 490/1 | €8,957 | €427 | -€8,530 | -95.2% |
| Total equity and liabilities | 10/49 | €64,962 | €73,667 | +€8,706 | +13.4% |
| Equity | 10/15 | €38,879 | €17,691 | -€21,189 | -54.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €35,879 | €14,691 | -€21,189 | -59.1% |
| Distributable reserves | 133 | €35,879 | €14,691 | -€21,189 | -59.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €26,082 | €55,976 | +€29,894 | +114.6% |
| Amounts payable within one year | 42/48 | €25,770 | €46,524 | +€20,753 | +80.5% |
| Trade debts | 44 | €11,851 | €12,800 | +€949 | +8.0% |
| Suppliers | 440/4 | €11,851 | €12,800 | +€949 | +8.0% |
| Taxes, remuneration and social security | 45 | €12,752 | €11,496 | -€1,256 | -9.9% |
| Taxes | 450/3 | €12,752 | €11,496 | -€1,256 | -9.9% |
| Other amounts payable | 47/48 | €1,167 | €22,228 | +€21,061 | +1805.0% |
| Accrued charges and deferred income | 492/3 | €312 | €9,453 | +€9,141 | +2930.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €778 | €508 | -€270 | -34.6% |
| Other operating charges | 640/8 | €6,270 | €9,849 | +€3,580 | +57.1% |
| Non-recurring operating charges | 66A | - | €423 | +€423 | |
| Gross operating margin | 9900 | €41,047 | €10,873 | -€30,174 | -73.5% |
| Operating profit (loss) | 9901 | €33,999 | €93 | -€33,907 | -99.7% |
| Financial income | 75/76B | €88 | €116 | +€28 | +31.9% |
| Recurring financial income | 75 | €88 | €116 | +€28 | +31.9% |
| Financial charges | 65/66B | €943 | €506 | -€437 | -46.3% |
| Recurring financial charges | 65 | €943 | €506 | -€437 | -46.3% |
| Profit (loss) for the period before taxes | 9903 | €33,145 | -€297 | -€33,442 | |
| Income taxes | 67/77 | €8,256 | €892 | -€7,364 | -89.2% |
| Profit (loss) for the period | 9904 | €24,889 | -€1,189 | -€26,078 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,889 | -€1,189 | -€26,078 |
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 5 October 2026 via checked.be.