PROUDLY PRESENTS: 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.
PROUDLY PRESENTS
Largest movements
- Receivables within one year -€5,975
down €5,975 (-76.1%), from €7,853 to €1,877
of which Other amounts receivable: -€5,975
- Tangible fixed assets -€1,604
down €1,604 (-83.7%), from €1,916 to €312
of which Plant, machinery and equipment: -€1,087
- Cash +€821
up €821 (+132%), from €622 to €1,443
mainly Receivables within one year (+€5,975) and Depreciation (+€1,604)
- Profit (loss) carried forward -€6,927
down €6,927, from €3,608 to -€3,318
- Trade debts +€750
up €750, from €0 to €750
- Tax, wage and social debts -€582
down €582 (-100%), from €582 to €0
of which Taxes: -€582
- Gross operating margin +€8,193
up €8,193 (+63.4%), from -€12,931 to -€4,737
- Depreciation -€162
down €162 (-9.2%), from €1,767 to €1,604
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 | €10,390 | €3,632 | -€6,759 | -65.0% |
| Fixed assets | 21/28 | €1,916 | €312 | -€1,604 | -83.7% |
| Tangible fixed assets | 22/27 | €1,916 | €312 | -€1,604 | -83.7% |
| Plant, machinery and equipment | 23 | €1,398 | €312 | -€1,087 | -77.7% |
| Furniture and vehicles | 24 | €518 | €0 | -€518 | -100% |
| Current assets | 29/58 | €8,474 | €3,320 | -€5,154 | -60.8% |
| Amounts receivable within one year | 40/41 | €7,853 | €1,877 | -€5,975 | -76.1% |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €7,853 | €1,877 | -€5,975 | -76.1% |
| Cash at bank and in hand | 54/58 | €622 | €1,443 | +€821 | +132% |
| Total equity and liabilities | 10/49 | €10,390 | €3,632 | -€6,759 | -65.0% |
| Equity | 10/15 | €9,808 | €2,882 | -€6,927 | -70.6% |
| Contributions | 10/11 | €1,250 | €1,250 | = | 0.0% |
| Reserves | 13 | €4,950 | €4,950 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,950 | €4,950 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,950 | €4,950 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,608 | -€3,318 | -€6,927 | |
| Amounts payable | 17/49 | €582 | €750 | +€168 | +28.9% |
| Amounts payable within one year | 42/48 | €582 | €750 | +€168 | +28.9% |
| Trade debts | 44 | €0 | €750 | +€750 | |
| Suppliers | 440/4 | €0 | €750 | +€750 | |
| Taxes, remuneration and social security | 45 | €582 | €0 | -€582 | -100% |
| Taxes | 450/3 | €582 | €0 | -€582 | -100% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,767 | €1,604 | -€162 | -9.2% |
| Other operating charges | 640/8 | €461 | €400 | -€62 | -13.4% |
| Gross operating margin | 9900 | -€12,931 | -€4,737 | +€8,193 | +63.4% |
| Operating profit (loss) | 9901 | -€15,159 | -€6,742 | +€8,417 | +55.5% |
| Financial income | 75/76B | €15 | - | -€15 | |
| Recurring financial income | 75 | €15 | - | -€15 | |
| Financial charges | 65/66B | €103 | €185 | +€82 | +79.8% |
| Recurring financial charges | 65 | €103 | €185 | +€82 | +79.8% |
| Profit (loss) for the period before taxes | 9903 | -€15,247 | -€6,927 | +€8,320 | +54.6% |
| Profit (loss) for the period | 9904 | -€15,247 | -€6,927 | +€8,320 | +54.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,247 | -€6,927 | +€8,320 | +54.6% |
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 27 October 2026 via checked.be.