QUICK REPAIR: 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.
QUICK REPAIR
Largest movements
- Receivables after one year -€4,815
down €4,815 (-74.7%), from €6,449 to €1,635
- Receivables within one year -€3,257
down €3,257 (-87.4%), from €3,726 to €469
- Cash -€2,595
down €2,595 (-84.7%), from €3,064 to €469
mainly Net result for the year (-€16,725) and Tax, wage and social debts (-€7,657)
- Tangible fixed assets -€1,287
down €1,287 (-36.4%), from €3,537 to €2,250
of which Furniture and vehicles: -€1,127
- Profit (loss) carried forward -€16,725
down €16,725 (-179%), from -€9,355 to -€26,080
- Trade debts +€8,825
up €8,825 (+388%), from €2,272 to €11,097
- Tax, wage and social debts -€7,657
down €7,657 (-39.1%), from €19,571 to €11,914
of which Taxes: -€6,678
- Other debts +€3,500
new in 2025: €3,500
- Gross operating margin -€10,082
down €10,082 (-43.5%), from €23,202 to €13,119
- Staff costs +€5,936
up €5,936 (+30.4%), from €19,553 to €25,489
- Taxes -€1,080
down €1,080 (-79.8%), from €1,353 to €273
- Other operating charges -€511
down €511 (-28.8%), from €1,772 to €1,261
- Financial charges -€455
down €455 (-22.9%), from €1,988 to €1,534
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 | €17,488 | €5,432 | -€12,057 | -68.9% |
| Fixed assets | 21/28 | €3,537 | €2,250 | -€1,287 | -36.4% |
| Tangible fixed assets | 22/27 | €3,537 | €2,250 | -€1,287 | -36.4% |
| Plant, machinery and equipment | 23 | €1,067 | €907 | -€160 | -15.0% |
| Furniture and vehicles | 24 | €2,470 | €1,343 | -€1,127 | -45.6% |
| Current assets | 29/58 | €13,952 | €3,182 | -€10,770 | -77.2% |
| Amounts receivable after more than one year | 29 | €6,449 | €1,635 | -€4,815 | -74.7% |
| Other amounts receivable | 291 | €6,449 | €1,635 | -€4,815 | -74.7% |
| Amounts receivable within one year | 40/41 | €3,726 | €469 | -€3,257 | -87.4% |
| Trade receivables | 40 | €3,726 | €469 | -€3,257 | -87.4% |
| Cash at bank and in hand | 54/58 | €3,064 | €469 | -€2,595 | -84.7% |
| Deferred charges and accrued income | 490/1 | €712 | €609 | -€103 | -14.5% |
| Total equity and liabilities | 10/49 | €17,488 | €5,432 | -€12,057 | -68.9% |
| Equity | 10/15 | -€4,355 | -€21,080 | -€16,725 | -384% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,355 | -€26,080 | -€16,725 | -179% |
| Amounts payable | 17/49 | €21,843 | €26,511 | +€4,668 | +21.4% |
| Amounts payable within one year | 42/48 | €21,843 | €26,511 | +€4,668 | +21.4% |
| Trade debts | 44 | €2,272 | €11,097 | +€8,825 | +388% |
| Suppliers | 440/4 | €2,272 | €11,097 | +€8,825 | +388% |
| Taxes, remuneration and social security | 45 | €19,571 | €11,914 | -€7,657 | -39.1% |
| Taxes | 450/3 | €12,033 | €5,355 | -€6,678 | -55.5% |
| Remuneration and social security | 454/9 | €7,538 | €6,559 | -€979 | -13.0% |
| Other amounts payable | 47/48 | - | €3,500 | +€3,500 | |
| Non-recurring operating income | 76A | €239 | €0 | -€239 | -100% |
| Remuneration, social security and pensions | 62 | €19,553 | €25,489 | +€5,936 | +30.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,339 | €1,287 | -€52 | -3.9% |
| Other operating charges | 640/8 | €1,772 | €1,261 | -€511 | -28.8% |
| Gross operating margin | 9900 | €23,202 | €13,119 | -€10,082 | -43.5% |
| Operating profit (loss) | 9901 | €537 | -€14,918 | -€15,456 | |
| Financial charges | 65/66B | €1,988 | €1,534 | -€455 | -22.9% |
| Recurring financial charges | 65 | €1,988 | €1,534 | -€455 | -22.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,451 | -€16,452 | -€15,001 | -1,034% |
| Income taxes | 67/77 | €1,353 | €273 | -€1,080 | -79.8% |
| Profit (loss) for the period | 9904 | -€2,804 | -€16,725 | -€13,921 | -496% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,804 | -€16,725 | -€13,921 | -496% |
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 15 October 2026 via checked.be.