Re-Load: 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.
Re-Load
Largest movements
- Cash +€3,129
up €3,129 (+35.4%), from €8,830 to €11,958
mainly Depreciation (+€1,703) and Other debts (+€1,228)
- Tangible fixed assets -€1,703
no longer reported in 2025 (was €1,703)
- Receivables within one year -€462
down €462 (-13.7%), from €3,376 to €2,914
- Other debts +€1,228
up €1,228 (+5.2%), from €23,513 to €24,741
- Gross operating margin -€3,164
down €3,164 (-60.8%), from €5,204 to €2,039
- Depreciation -€2,384
down €2,384 (-58.3%), from €4,087 to €1,703
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 | €14,725 | €15,735 | +€1,010 | +6.9% |
| Fixed assets | 21/28 | €1,703 | - | -€1,703 | |
| Tangible fixed assets | 22/27 | €1,703 | - | -€1,703 | |
| Furniture and vehicles | 24 | €1,703 | - | -€1,703 | |
| Current assets | 29/58 | €13,022 | €15,735 | +€2,713 | +20.8% |
| Amounts receivable within one year | 40/41 | €3,376 | €2,914 | -€462 | -13.7% |
| Trade receivables | 40 | €3,376 | €2,914 | -€462 | -13.7% |
| Cash at bank and in hand | 54/58 | €8,830 | €11,958 | +€3,129 | +35.4% |
| Deferred charges and accrued income | 490/1 | €817 | €863 | +€47 | +5.8% |
| Total equity and liabilities | 10/49 | €14,725 | €15,735 | +€1,010 | +6.9% |
| Equity | 10/15 | -€10,755 | -€10,762 | -€7 | -0.1% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,255 | -€14,262 | -€7 | 0.0% |
| Amounts payable | 17/49 | €25,481 | €26,498 | +€1,017 | +4.0% |
| Amounts payable within one year | 42/48 | €25,481 | €26,498 | +€1,017 | +4.0% |
| Trade debts | 44 | €266 | €156 | -€110 | -41.3% |
| Suppliers | 440/4 | €266 | €156 | -€110 | -41.3% |
| Taxes, remuneration and social security | 45 | €1,701 | €1,600 | -€101 | -5.9% |
| Taxes | 450/3 | €1,701 | €1,600 | -€101 | -5.9% |
| Other amounts payable | 47/48 | €23,513 | €24,741 | +€1,228 | +5.2% |
| Non-recurring operating income | 76A | €499 | - | -€499 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,087 | €1,703 | -€2,384 | -58.3% |
| Other operating charges | 640/8 | €62 | €62 | = | 0.0% |
| Gross operating margin | 9900 | €5,204 | €2,039 | -€3,164 | -60.8% |
| Operating profit (loss) | 9901 | €1,054 | €274 | -€780 | -74.0% |
| Financial charges | 65/66B | €95 | €116 | +€21 | +21.9% |
| Recurring financial charges | 65 | €95 | €116 | +€21 | +21.9% |
| Profit (loss) for the period before taxes | 9903 | €959 | €158 | -€801 | -83.5% |
| Income taxes | 67/77 | €160 | €165 | +€5 | +3.1% |
| Profit (loss) for the period | 9904 | €799 | -€7 | -€806 | |
| Profit (loss) for the period to be appropriated | 9905 | €799 | -€7 | -€806 |
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 30 September 2026 via checked.be.