QUESTION MARK ?: 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.
QUESTION MARK ?
Largest movements
- Tangible fixed assets -€7,164
down €7,164 (-51.5%), from €13,921 to €6,757
of which Other tangible fixed assets: -€6,757
- Profit (loss) carried forward -€9,919
down €9,919 (-4.5%), from -€222,174 to -€232,093
- Other debts +€3,793
up €3,793 (+1.8%), from €214,597 to €218,390
- Trade debts -€1,038
no longer reported in 2025 (was €1,038)
- Gross operating margin +€1,579
up €1,579 (+27.5%), from -€5,741 to -€4,162
- Financial income +€1,000
new in 2025: €1,000
of which Financial income: +€1,000
- Depreciation -€470
down €470 (-6.5%), from €7,227 to €6,757
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,921 | €6,757 | -€7,164 | -51.5% |
| Fixed assets | 21/28 | €13,921 | €6,757 | -€7,164 | -51.5% |
| Tangible fixed assets | 22/27 | €13,921 | €6,757 | -€7,164 | -51.5% |
| Plant, machinery and equipment | 23 | €407 | - | -€407 | |
| Other tangible fixed assets | 26 | €13,514 | €6,757 | -€6,757 | -50.0% |
| Total equity and liabilities | 10/49 | €13,921 | €6,757 | -€7,164 | -51.5% |
| Equity | 10/15 | -€201,714 | -€211,633 | -€9,919 | -4.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€222,174 | -€232,093 | -€9,919 | -4.5% |
| Amounts payable | 17/49 | €215,635 | €218,390 | +€2,755 | +1.3% |
| Amounts payable within one year | 42/48 | €215,635 | €218,390 | +€2,755 | +1.3% |
| Trade debts | 44 | €1,038 | - | -€1,038 | |
| Suppliers | 440/4 | €1,038 | - | -€1,038 | |
| Other amounts payable | 47/48 | €214,597 | €218,390 | +€3,793 | +1.8% |
| Non-recurring operating income | 76A | €4,725 | €93 | -€4,632 | -98.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,227 | €6,757 | -€470 | -6.5% |
| Gross operating margin | 9900 | -€5,741 | -€4,162 | +€1,579 | +27.5% |
| Operating profit (loss) | 9901 | -€12,968 | -€10,919 | +€2,048 | +15.8% |
| Financial income | 75/76B | - | €1,000 | +€1,000 | |
| Recurring financial income | 75 | - | €1,000 | +€1,000 | |
| Non-recurring financial income | 76B | - | €1,000 | +€1,000 | |
| Profit (loss) for the period before taxes | 9903 | -€12,968 | -€9,919 | +€3,048 | +23.5% |
| Profit (loss) for the period | 9904 | -€12,968 | -€9,919 | +€3,048 | +23.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,968 | -€9,919 | +€3,048 | +23.5% |
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 1 October 2026 via checked.be.