PRICE QUALITY: 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.
PRICE QUALITY
Largest movements
- Receivables within one year -€3,290
down €3,290 (-6.6%), from €49,965 to €46,675
of which Other amounts receivable: -€5,572
- Trade debts -€9,527
down €9,527 (-20.7%), from €46,029 to €36,503
- Profit (loss) carried forward +€4,760
up €4,760 (+17.6%), from -€26,988 to -€22,228
- Tax, wage and social debts +€1,241
up €1,241 (+658%), from €189 to €1,430
- Gross operating margin +€2,866
up €2,866 (+67.6%), from €4,242 to €7,108
- Taxes +€1,556
up €1,556 (+2,109%), from €74 to €1,630
- Depreciation -€198
down €198 (-54.9%), from €361 to €163
- Other operating charges -€136
down €136 (-25.3%), from €535 to €400
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 | €50,216 | €46,691 | -€3,525 | -7.0% |
| Fixed assets | 21/28 | €163 | - | -€163 | |
| Tangible fixed assets | 22/27 | €163 | - | -€163 | |
| Furniture and vehicles | 24 | €163 | - | -€163 | |
| Current assets | 29/58 | €50,053 | €46,691 | -€3,362 | -6.7% |
| Amounts receivable within one year | 40/41 | €49,965 | €46,675 | -€3,290 | -6.6% |
| Trade receivables | 40 | €9,038 | €11,319 | +€2,281 | +25.2% |
| Other amounts receivable | 41 | €40,927 | €35,356 | -€5,572 | -13.6% |
| Cash at bank and in hand | 54/58 | €88 | €16 | -€72 | -81.4% |
| Total equity and liabilities | 10/49 | €50,216 | €46,691 | -€3,525 | -7.0% |
| Equity | 10/15 | €3,998 | €8,758 | +€4,760 | +119% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Capital | 10 | €30,987 | €30,987 | = | 0.0% |
| Issued capital | 100 | €30,987 | €30,987 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,988 | -€22,228 | +€4,760 | +17.6% |
| Amounts payable | 17/49 | €46,218 | €37,933 | -€8,285 | -17.9% |
| Amounts payable within one year | 42/48 | €46,218 | €37,933 | -€8,285 | -17.9% |
| Trade debts | 44 | €46,029 | €36,503 | -€9,527 | -20.7% |
| Suppliers | 440/4 | €46,029 | €36,503 | -€9,527 | -20.7% |
| Taxes, remuneration and social security | 45 | €189 | €1,430 | +€1,241 | +658% |
| Taxes | 450/3 | €189 | €1,430 | +€1,241 | +658% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €361 | €163 | -€198 | -54.9% |
| Other operating charges | 640/8 | €535 | €400 | -€136 | -25.3% |
| Gross operating margin | 9900 | €4,242 | €7,108 | +€2,866 | +67.6% |
| Operating profit (loss) | 9901 | €3,346 | €6,546 | +€3,200 | +95.6% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €108 | €156 | +€48 | +44.0% |
| Recurring financial charges | 65 | €108 | €156 | +€48 | +44.0% |
| Profit (loss) for the period before taxes | 9903 | €3,241 | €6,390 | +€3,149 | +97.2% |
| Income taxes | 67/77 | €74 | €1,630 | +€1,556 | +2,109% |
| Profit (loss) for the period | 9904 | €3,167 | €4,760 | +€1,593 | +50.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,167 | €4,760 | +€1,593 | +50.3% |
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 30 October 2026 via checked.be.