PRINT ACTIF: 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.
PRINT ACTIF
Largest movements
- Cash -€31,527
down €31,527 (-67.1%), from €46,965 to €15,438
mainly Investment in fixed assets (net) (-€18,986) and Net result for the year (-€14,946)
- Tangible fixed assets +€16,913
new in 2025: €16,913
of which Plant, machinery and equipment: +€14,780
- Profit (loss) carried forward -€14,946
down €14,946 (-5.2%), from -€288,660 to -€303,606
- Contributions +€6,200
up €6,200 (+10.0%), from €62,000 to €68,200
- Reserves -€6,200
down €6,200 (-5.3%), from €117,725 to €111,525
of which Non-distributable reserves: -€6,200
- Tax, wage and social debts +€1,366
up €1,366 (+759.2%), from €180 to €1,545
- Trade debts -€1,304
down €1,304 (-36.9%), from €3,536 to €2,232
- Gross operating margin -€33,814
down €33,814, from €24,514 to -€9,300
- Other operating charges +€2,732
up €2,732 (+436.5%), from €626 to €3,358
- Depreciation +€2,073
new in 2025: €2,073
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 | €48,657 | €33,826 | -€14,831 | -30.5% |
| Fixed assets | 21/28 | €343 | €17,256 | +€16,913 | +4924.5% |
| Tangible fixed assets | 22/27 | - | €16,913 | +€16,913 | |
| Plant, machinery and equipment | 23 | - | €14,780 | +€14,780 | |
| Furniture and vehicles | 24 | - | €2,133 | +€2,133 | |
| Financial fixed assets | 28 | €343 | €343 | = | 0.0% |
| Current assets | 29/58 | €48,314 | €16,570 | -€31,744 | -65.7% |
| Amounts receivable within one year | 40/41 | €1,349 | €1,131 | -€217 | -16.1% |
| Trade receivables | 40 | €1,349 | €1,131 | -€217 | -16.1% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €46,965 | €15,438 | -€31,527 | -67.1% |
| Total equity and liabilities | 10/49 | €48,657 | €33,826 | -€14,831 | -30.5% |
| Equity | 10/15 | -€108,935 | -€123,880 | -€14,946 | -13.7% |
| Contributions | 10/11 | €62,000 | €68,200 | +€6,200 | +10.0% |
| Capital | 10 | €62,000 | €68,200 | +€6,200 | +10.0% |
| Issued capital | 100 | €62,000 | €68,200 | +€6,200 | +10.0% |
| Reserves | 13 | €117,725 | €111,525 | -€6,200 | -5.3% |
| Non-distributable reserves | 130/1 | €6,200 | - | -€6,200 | |
| Legal reserve | 130 | €6,200 | - | -€6,200 | |
| Distributable reserves | 133 | €111,525 | €111,525 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€288,660 | -€303,606 | -€14,946 | -5.2% |
| Amounts payable | 17/49 | €157,592 | €157,706 | +€114 | +0.1% |
| Amounts payable within one year | 42/48 | €157,592 | €157,706 | +€114 | +0.1% |
| Trade debts | 44 | €3,536 | €2,232 | -€1,304 | -36.9% |
| Suppliers | 440/4 | €3,536 | €2,232 | -€1,304 | -36.9% |
| Taxes, remuneration and social security | 45 | €180 | €1,545 | +€1,366 | +759.2% |
| Taxes | 450/3 | €180 | €1,545 | +€1,366 | +759.2% |
| Other amounts payable | 47/48 | €153,876 | €153,929 | +€53 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,073 | +€2,073 | |
| Other operating charges | 640/8 | €626 | €3,358 | +€2,732 | +436.5% |
| Gross operating margin | 9900 | €24,514 | -€9,300 | -€33,814 | |
| Operating profit (loss) | 9901 | €23,888 | -€14,731 | -€38,619 | |
| Financial income | 75/76B | €90 | €46 | -€44 | -48.4% |
| Recurring financial income | 75 | €90 | €46 | -€44 | -48.4% |
| Financial charges | 65/66B | €18 | €84 | +€67 | +375.1% |
| Recurring financial charges | 65 | €18 | €84 | +€67 | +375.1% |
| Profit (loss) for the period before taxes | 9903 | €23,960 | -€14,770 | -€38,729 | |
| Income taxes | 67/77 | €180 | €176 | -€4 | -2.1% |
| Profit (loss) for the period | 9904 | €23,780 | -€14,946 | -€38,726 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,780 | -€14,946 | -€38,726 |
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 12 October 2026 via checked.be.