Props Bart: 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.
Props Bart
Largest movements
- Receivables within one year +€34,740
up €34,740 (+456.5%), from €7,610 to €42,350
- Cash -€26,043
down €26,043 (-53.5%), from €48,688 to €22,645
mainly Receivables within one year (-€34,740) and Other debts (-€15,276)
- Tangible fixed assets -€16,177
down €16,177 (-66.3%), from €24,403 to €8,226
of which Furniture and vehicles: -€8,494
- Deferred charges and accrued income +€934
new in 2025: €934
- Other debts -€15,276
down €15,276 (-87.3%), from €17,508 to €2,232
- Tax, wage and social debts +€8,513
new in 2025: €8,513
- Trade debts +€925
up €925 (+61.9%), from €1,494 to €2,419
- Gross operating margin -€6,417
down €6,417 (-23.0%), from €27,843 to €21,426
- Taxes +€4,161
up €4,161 (+17339.2%), from €24 to €4,185
- Depreciation -€3,520
down €3,520 (-17.9%), from €19,698 to €16,178
- Other operating charges -€607
down €607 (-32.8%), from €1,852 to €1,245
- Financial charges +€605
up €605 (+545.0%), from €111 to €716
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 | €80,701 | €74,155 | -€6,546 | -8.1% |
| Fixed assets | 21/28 | €24,403 | €8,226 | -€16,177 | -66.3% |
| Tangible fixed assets | 22/27 | €24,403 | €8,226 | -€16,177 | -66.3% |
| Plant, machinery and equipment | 23 | €13,822 | €6,139 | -€7,683 | -55.6% |
| Furniture and vehicles | 24 | €10,581 | €2,087 | -€8,494 | -80.3% |
| Current assets | 29/58 | €56,298 | €65,929 | +€9,631 | +17.1% |
| Amounts receivable within one year | 40/41 | €7,610 | €42,350 | +€34,740 | +456.5% |
| Trade receivables | 40 | €7,610 | €42,350 | +€34,740 | +456.5% |
| Cash at bank and in hand | 54/58 | €48,688 | €22,645 | -€26,043 | -53.5% |
| Deferred charges and accrued income | 490/1 | - | €934 | +€934 | |
| Total equity and liabilities | 10/49 | €80,701 | €74,155 | -€6,546 | -8.1% |
| Equity | 10/15 | €61,504 | €60,991 | -€513 | -0.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €23,000 | €23,000 | = | 0.0% |
| Distributable reserves | 133 | €23,000 | €23,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,104 | €25,591 | -€513 | -2.0% |
| Amounts payable | 17/49 | €19,197 | €13,164 | -€6,033 | -31.4% |
| Amounts payable after more than one year | 17 | €195 | - | -€195 | |
| Financial debts | 170/4 | €195 | - | -€195 | |
| Amounts payable within one year | 42/48 | €19,002 | €13,164 | -€5,838 | -30.7% |
| Trade debts | 44 | €1,494 | €2,419 | +€925 | +61.9% |
| Suppliers | 440/4 | €1,494 | €2,419 | +€925 | +61.9% |
| Taxes, remuneration and social security | 45 | - | €8,513 | +€8,513 | |
| Taxes | 450/3 | - | €8,513 | +€8,513 | |
| Other amounts payable | 47/48 | €17,508 | €2,232 | -€15,276 | -87.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,698 | €16,178 | -€3,520 | -17.9% |
| Other operating charges | 640/8 | €1,852 | €1,245 | -€607 | -32.8% |
| Gross operating margin | 9900 | €27,843 | €21,426 | -€6,417 | -23.0% |
| Operating profit (loss) | 9901 | €6,293 | €4,003 | -€2,290 | -36.4% |
| Financial income | 75/76B | - | €383 | +€383 | |
| Recurring financial income | 75 | - | €383 | +€383 | |
| Financial charges | 65/66B | €111 | €716 | +€605 | +545.0% |
| Recurring financial charges | 65 | €111 | €716 | +€605 | +545.0% |
| Profit (loss) for the period before taxes | 9903 | €6,182 | €3,669 | -€2,513 | -40.6% |
| Income taxes | 67/77 | €24 | €4,185 | +€4,161 | +17339.2% |
| Profit (loss) for the period | 9904 | €6,158 | -€516 | -€6,674 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,158 | -€516 | -€6,674 |
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.