Q FOR: 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.
Q FOR
Largest movements
- Receivables within one year +€316
up €316 (+4.0%), from €7,829 to €8,145
- Other debts +€256
up €256 (+3.5%), from €7,307 to €7,563
- Gross operating margin -€63
down €63 (-5.8%), from €1,091 to €1,028
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 | €8,507 | €8,763 | +€256 | +3.0% |
| Current assets | 29/58 | €8,507 | €8,763 | +€256 | +3.0% |
| Amounts receivable within one year | 40/41 | €7,829 | €8,145 | +€316 | +4.0% |
| Trade receivables | 40 | €7,829 | €8,145 | +€316 | +4.0% |
| Cash at bank and in hand | 54/58 | €678 | €618 | -€60 | -8.8% |
| Total equity and liabilities | 10/49 | €8,507 | €8,763 | +€256 | +3.0% |
| Equity | 10/15 | €1,200 | €1,200 | = | 0.0% |
| Contributions | 10/11 | €1,200 | €1,200 | = | 0.0% |
| Capital | 10 | €1,200 | €1,200 | = | 0.0% |
| Issued capital | 100 | €2,400 | €2,400 | = | 0.0% |
| Uncalled capital | 101 | €1,200 | €1,200 | = | 0.0% |
| Amounts payable | 17/49 | €7,307 | €7,563 | +€256 | +3.5% |
| Amounts payable within one year | 42/48 | €7,307 | €7,563 | +€256 | +3.5% |
| Other amounts payable | 47/48 | €7,307 | €7,563 | +€256 | +3.5% |
| Gross operating margin | 9900 | €1,091 | €1,028 | -€63 | -5.8% |
| Operating profit (loss) | 9901 | €1,091 | €1,028 | -€63 | -5.8% |
| Financial charges | 65/66B | €60 | €60 | = | 0.0% |
| Recurring financial charges | 65 | €60 | €60 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €1,031 | €968 | -€63 | -6.1% |
| Profit (loss) for the period | 9904 | €1,031 | €968 | -€63 | -6.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,031 | €968 | -€63 | -6.1% |
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 13 October 2026 via checked.be.