Recto verso: 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.
Recto verso
Largest movements
- Receivables within one year +€5,695
up €5,695 (+299.4%), from €1,902 to €7,597
of which Trade receivables: +€4,162
- Cash +€2,070
up €2,070 (+808.7%), from €256 to €2,325
mainly Net result for the year (+€6,203) and Trade debts (+€1,144)
- Profit (loss) carried forward +€6,203
up €6,203, from -€5,110 to €1,093
- Trade debts +€1,144
up €1,144 (+347.2%), from €330 to €1,474
- Other debts +€417
up €417 (+415.7%), from €100 to €517
- Gross operating margin +€9,549
up €9,549, from -€2,210 to €7,338
- Other operating charges -€252
down €252 (-21.6%), from €1,171 to €919
- Financial charges -€86
down €86 (-28.4%), from €304 to €217
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 | €2,158 | €9,922 | +€7,764 | +359.8% |
| Current assets | 29/58 | €2,158 | €9,922 | +€7,764 | +359.8% |
| Amounts receivable within one year | 40/41 | €1,902 | €7,597 | +€5,695 | +299.4% |
| Trade receivables | 40 | - | €4,162 | +€4,162 | |
| Other amounts receivable | 41 | €1,902 | €3,434 | +€1,532 | +80.6% |
| Cash at bank and in hand | 54/58 | €256 | €2,325 | +€2,070 | +808.7% |
| Total equity and liabilities | 10/49 | €2,158 | €9,922 | +€7,764 | +359.8% |
| Equity | 10/15 | €1,710 | €7,913 | +€6,203 | +362.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €620 | €620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,110 | €1,093 | +€6,203 | |
| Amounts payable | 17/49 | €449 | €2,010 | +€1,561 | +348.0% |
| Amounts payable within one year | 42/48 | €449 | €2,010 | +€1,561 | +348.0% |
| Trade debts | 44 | €330 | €1,474 | +€1,144 | +347.2% |
| Suppliers | 440/4 | €330 | €1,474 | +€1,144 | +347.2% |
| Taxes, remuneration and social security | 45 | €19 | €19 | = | 0.0% |
| Taxes | 450/3 | €19 | €19 | = | 0.0% |
| Other amounts payable | 47/48 | €100 | €517 | +€417 | +415.7% |
| Other operating charges | 640/8 | €1,171 | €919 | -€252 | -21.6% |
| Gross operating margin | 9900 | -€2,210 | €7,338 | +€9,549 | |
| Operating profit (loss) | 9901 | -€3,381 | €6,420 | +€9,801 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €304 | €217 | -€86 | -28.4% |
| Recurring financial charges | 65 | €304 | €217 | -€86 | -28.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,685 | €6,203 | +€9,888 | |
| Profit (loss) for the period | 9904 | -€3,685 | €6,203 | +€9,888 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,685 | €6,203 | +€9,888 |
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 10 October 2026 via checked.be.