Privact: 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.
Privact
Largest movements
- Cash -€53,496
down €53,496 (-72.4%), from €73,913 to €20,418
mainly Contributions, distributions and other (-€49,000) and Tax, wage and social debts (-€16,422)
- Receivables within one year -€9,481
down €9,481 (-49.0%), from €19,366 to €9,885
of which Trade receivables: -€12,378
- Reserves -€40,568
down €40,568 (-82.3%), from €49,313 to €8,745
- Tax, wage and social debts -€16,422
down €16,422 (-78.4%), from €20,934 to €4,512
- Other debts -€4,378
down €4,378 (-100.0%), from €4,378 to €0
- Trade debts -€1,513
down €1,513 (-100.0%), from €1,513 to €0
- Gross operating margin -€45,418
down €45,418 (-79.2%), from €57,326 to €11,908
- Taxes -€11,864
down €11,864 (-79.5%), from €14,917 to €3,053
- Write-downs -€4,800
down €4,800, from €2,400 to -€2,400
- Other operating charges +€2,412
up €2,412 (+622.8%), from €387 to €2,800
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 | €95,074 | €31,857 | -€63,217 | -66.5% |
| Fixed assets | 21/28 | €705 | €467 | -€239 | -33.8% |
| Tangible fixed assets | 22/27 | €705 | €467 | -€239 | -33.8% |
| Furniture and vehicles | 24 | €705 | €467 | -€239 | -33.8% |
| Current assets | 29/58 | €94,369 | €31,390 | -€62,978 | -66.7% |
| Amounts receivable within one year | 40/41 | €19,366 | €9,885 | -€9,481 | -49.0% |
| Trade receivables | 40 | €19,366 | €6,988 | -€12,378 | -63.9% |
| Other amounts receivable | 41 | - | €2,898 | +€2,898 | |
| Cash at bank and in hand | 54/58 | €73,913 | €20,418 | -€53,496 | -72.4% |
| Deferred charges and accrued income | 490/1 | €1,089 | €1,087 | -€2 | -0.2% |
| Total equity and liabilities | 10/49 | €95,074 | €31,857 | -€63,217 | -66.5% |
| Equity | 10/15 | €68,249 | €27,345 | -€40,904 | -59.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €49,313 | €8,745 | -€40,568 | -82.3% |
| Distributable reserves | 133 | €49,313 | €8,745 | -€40,568 | -82.3% |
| Profit (loss) carried forward | 14 | €336 | €0 | -€336 | -100.0% |
| Amounts payable | 17/49 | €26,825 | €4,512 | -€22,313 | -83.2% |
| Amounts payable within one year | 42/48 | €26,825 | €4,512 | -€22,313 | -83.2% |
| Trade debts | 44 | €1,513 | €0 | -€1,513 | -100.0% |
| Suppliers | 440/4 | €1,513 | €0 | -€1,513 | -100.0% |
| Taxes, remuneration and social security | 45 | €20,934 | €4,512 | -€16,422 | -78.4% |
| Taxes | 450/3 | €20,934 | €4,512 | -€16,422 | -78.4% |
| Other amounts payable | 47/48 | €4,378 | €0 | -€4,378 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11 | €239 | +€228 | +2124.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,400 | -€2,400 | -€4,800 | |
| Other operating charges | 640/8 | €387 | €2,800 | +€2,412 | +622.8% |
| Gross operating margin | 9900 | €57,326 | €11,908 | -€45,418 | -79.2% |
| Operating profit (loss) | 9901 | €54,528 | €11,270 | -€43,258 | -79.3% |
| Financial charges | 65/66B | €119 | €121 | +€3 | +2.2% |
| Recurring financial charges | 65 | €119 | €121 | +€3 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | €54,409 | €11,149 | -€43,260 | -79.5% |
| Income taxes | 67/77 | €14,917 | €3,053 | -€11,864 | -79.5% |
| Profit (loss) for the period | 9904 | €39,493 | €8,096 | -€31,397 | -79.5% |
| Profit (loss) for the period to be appropriated | 9905 | €39,493 | €8,096 | -€31,397 | -79.5% |
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.