R2: 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.
R2
Largest movements
- Tangible fixed assets -€5,388
down €5,388 (-1.7%), from €321,738 to €316,350
- Other debts -€3,887
down €3,887 (-30.9%), from €12,597 to €8,709
- Gross operating margin +€786
up €786 (+8.7%), from €8,999 to €9,784
- Depreciation +€510
up €510 (+6.0%), from €8,469 to €8,979
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
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 | €328,947 | €323,689 | -€5,258 | -1.6% |
| Fixed assets | 21/28 | €321,738 | €316,350 | -€5,388 | -1.7% |
| Tangible fixed assets | 22/27 | €321,738 | €316,350 | -€5,388 | -1.7% |
| Land and buildings | 22 | €321,738 | €316,350 | -€5,388 | -1.7% |
| Current assets | 29/58 | €7,209 | €7,339 | +€130 | +1.8% |
| Amounts receivable within one year | 40/41 | €2,575 | €3,794 | +€1,218 | +47.3% |
| Other amounts receivable | 41 | €2,575 | €3,794 | +€1,218 | +47.3% |
| Cash at bank and in hand | 54/58 | €4,633 | €3,545 | -€1,088 | -23.5% |
| Total equity and liabilities | 10/49 | €328,947 | €323,689 | -€5,258 | -1.6% |
| Equity | 10/15 | €316,158 | €314,563 | -€1,595 | -0.5% |
| Contributions | 10/11 | €367,000 | €367,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,842 | -€52,437 | -€1,595 | -3.1% |
| Amounts payable | 17/49 | €12,788 | €9,126 | -€3,663 | -28.6% |
| Amounts payable within one year | 42/48 | €12,788 | €9,126 | -€3,663 | -28.6% |
| Trade debts | 44 | €192 | €416 | +€224 | +116.9% |
| Suppliers | 440/4 | €192 | €416 | +€224 | +116.9% |
| Other amounts payable | 47/48 | €12,597 | €8,709 | -€3,887 | -30.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,469 | €8,979 | +€510 | +6.0% |
| Other operating charges | 640/8 | €2,238 | €2,297 | +€59 | +2.6% |
| Gross operating margin | 9900 | €8,999 | €9,784 | +€786 | +8.7% |
| Operating profit (loss) | 9901 | -€1,709 | -€1,492 | +€217 | +12.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €29 | €104 | +€75 | +263.2% |
| Recurring financial charges | 65 | €29 | €104 | +€75 | +263.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,738 | -€1,595 | +€143 | +8.2% |
| Profit (loss) for the period | 9904 | -€1,738 | -€1,595 | +€143 | +8.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,738 | -€1,595 | +€143 | +8.2% |
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 5 October 2026 via checked.be.