PUBLI VISIE: 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.
PUBLI VISIE
Largest movements
- Cash +€1,225
up €1,225 (+161%), from €761 to €1,986
mainly Other debts (+€2,785)
- Other debts +€2,785
up €2,785 (+12.7%), from €21,986 to €24,770
- Profit (loss) carried forward -€1,548
down €1,548 (-2.4%), from -€64,008 to -€65,556
- Gross operating margin +€1,516
up €1,516 (+94.5%), from -€1,603 to -€88
- Write-downs +€1,500
no longer reported in 2025 (was -€1,500)
- Other operating charges -€50
down €50 (-9.9%), from €499 to €450
- Financial charges +€19
up €19 (+1.9%), from €992 to €1,011
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 | €761 | €1,986 | +€1,225 | +161% |
| Current assets | 29/58 | €761 | €1,986 | +€1,225 | +161% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €761 | €1,986 | +€1,225 | +161% |
| Total equity and liabilities | 10/49 | €761 | €1,986 | +€1,225 | +161% |
| Equity | 10/15 | -€36,462 | -€38,010 | -€1,548 | -4.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,546 | €2,546 | = | 0.0% |
| Non-distributable reserves | 130/1 | €877 | €877 | = | 0.0% |
| Reserves not available under the articles | 1311 | €877 | €877 | = | 0.0% |
| Distributable reserves | 133 | €1,669 | €1,669 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64,008 | -€65,556 | -€1,548 | -2.4% |
| Amounts payable | 17/49 | €37,223 | €39,996 | +€2,773 | +7.4% |
| Amounts payable within one year | 42/48 | €37,223 | €39,996 | +€2,773 | +7.4% |
| Trade debts | 44 | €15,238 | €15,226 | -€12 | -0.1% |
| Suppliers | 440/4 | €15,238 | €15,226 | -€12 | -0.1% |
| Other amounts payable | 47/48 | €21,986 | €24,770 | +€2,785 | +12.7% |
| Non-recurring operating income | 76A | €1,058 | - | -€1,058 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,500 | - | +€1,500 | |
| Other operating charges | 640/8 | €499 | €450 | -€50 | -9.9% |
| Gross operating margin | 9900 | -€1,603 | -€88 | +€1,516 | +94.5% |
| Operating profit (loss) | 9901 | -€603 | -€537 | +€66 | +10.9% |
| Financial charges | 65/66B | €992 | €1,011 | +€19 | +1.9% |
| Recurring financial charges | 65 | €992 | €1,011 | +€19 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,596 | -€1,548 | +€47 | +3.0% |
| Profit (loss) for the period | 9904 | -€1,596 | -€1,548 | +€47 | +3.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,596 | -€1,548 | +€47 | +3.0% |
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 18 October 2026 via checked.be.