PRESSING MODE: 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.
PRESSING MODE
Largest movements
- Receivables within one year +€9,813
up €9,813 (+16.2%), from €60,475 to €70,288
of which Trade receivables: +€12,438
- Tangible fixed assets -€3,015
down €3,015 (-25.5%), from €11,811 to €8,796
of which Plant, machinery and equipment: -€3,015
- Advances received +€27,055
new in 2025: €27,055
- Trade debts -€15,212
down €15,212 (-26.4%), from €57,553 to €42,341
- Tax, wage and social debts -€13,324
down €13,324 (-42.7%), from €31,227 to €17,903
- Other debts +€5,577
up €5,577 (+333.5%), from €1,672 to €7,250
- Profit (loss) carried forward +€1,408
up €1,408 (+4.2%), from -€33,589 to -€32,182
- Gross operating margin -€4,852
down €4,852 (-50.8%), from €9,559 to €4,707
- Other operating charges -€1,887
no longer reported in 2025 (was €1,887)
- Depreciation +€266
up €266 (+9.7%), from €2,749 to €3,015
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 | €75,512 | €81,024 | +€5,512 | +7.3% |
| Fixed assets | 21/28 | €11,886 | €8,871 | -€3,015 | -25.4% |
| Tangible fixed assets | 22/27 | €11,811 | €8,796 | -€3,015 | -25.5% |
| Plant, machinery and equipment | 23 | €11,811 | €8,796 | -€3,015 | -25.5% |
| Furniture and vehicles | 24 | - | €0 | = | |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €63,626 | €72,153 | +€8,527 | +13.4% |
| Stocks and contracts in progress | 3 | €930 | €727 | -€203 | -21.8% |
| Stocks | 30/36 | €930 | €727 | -€203 | -21.8% |
| Amounts receivable within one year | 40/41 | €60,475 | €70,288 | +€9,813 | +16.2% |
| Trade receivables | 40 | €57,850 | €70,288 | +€12,438 | +21.5% |
| Other amounts receivable | 41 | €2,625 | - | -€2,625 | |
| Current investments | 50/53 | €705 | €705 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €726 | €434 | -€292 | -40.3% |
| Deferred charges and accrued income | 490/1 | €790 | - | -€790 | |
| Total equity and liabilities | 10/49 | €75,512 | €81,024 | +€5,512 | +7.3% |
| Equity | 10/15 | -€14,940 | -€13,533 | +€1,408 | +9.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €57 | €57 | = | 0.0% |
| Non-distributable reserves | 130/1 | €57 | €57 | = | 0.0% |
| Reserves not available under the articles | 1311 | €57 | €57 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,589 | -€32,182 | +€1,408 | +4.2% |
| Investment grants | 15 | - | €0 | = | |
| Amounts payable | 17/49 | €90,453 | €94,557 | +€4,104 | +4.5% |
| Amounts payable within one year | 42/48 | €90,453 | €94,557 | +€4,104 | +4.5% |
| Financial debts | 43 | - | €8 | +€8 | |
| Credit institutions | 430/8 | - | €8 | +€8 | |
| Trade debts | 44 | €57,553 | €42,341 | -€15,212 | -26.4% |
| Suppliers | 440/4 | €57,553 | €42,341 | -€15,212 | -26.4% |
| Advances received on contracts in progress | 46 | - | €27,055 | +€27,055 | |
| Taxes, remuneration and social security | 45 | €31,227 | €17,903 | -€13,324 | -42.7% |
| Taxes | 450/3 | €31,227 | €17,903 | -€13,324 | -42.7% |
| Other amounts payable | 47/48 | €1,672 | €7,250 | +€5,577 | +333.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,749 | €3,015 | +€266 | +9.7% |
| Other operating charges | 640/8 | €1,887 | - | -€1,887 | |
| Gross operating margin | 9900 | €9,559 | €4,707 | -€4,852 | -50.8% |
| Operating profit (loss) | 9901 | €4,923 | €1,692 | -€3,232 | -65.6% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €318 | €284 | -€34 | -10.8% |
| Recurring financial charges | 65 | €318 | €284 | -€34 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €4,605 | €1,408 | -€3,198 | -69.4% |
| Profit (loss) for the period | 9904 | €4,605 | €1,408 | -€3,198 | -69.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,605 | €1,408 | -€3,198 | -69.4% |
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 6 October 2026 via checked.be.