REFLET DE SOI: 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.
REFLET DE SOI
Largest movements
- Deferred charges and accrued income -€3,188
down €3,188 (-31.6%), from €10,081 to €6,893
- Stocks and contracts +€1,020
up €1,020 (+33.1%), from €3,079 to €4,099
- Receivables within one year +€894
up €894 (+62.5%), from €1,431 to €2,326
- Tangible fixed assets +€273
up €273 (+24.4%), from €1,117 to €1,389
of which Plant, machinery and equipment: +€273
- Reserves -€5,000
down €5,000 (-43.5%), from €11,500 to €6,500
- Other debts +€5,000
new in 2025: €5,000
- Tax, wage and social debts -€1,880
down €1,880 (-29.8%), from €6,300 to €4,420
- Profit (loss) carried forward +€655
up €655 (+156009.5%), from €0 to €656
- Trade debts +€367
up €367 (+86.5%), from €424 to €792
- Gross operating margin +€5,698
up €5,698, from -€2,159 to €3,539
- Other operating charges -€1,141
down €1,141 (-59.7%), from €1,912 to €771
- Financial charges -€272
down €272 (-12.2%), from €2,228 to €1,956
- Depreciation +€175
up €175 (+197.7%), from €89 to €264
- Taxes -€98
down €98 (-100.0%), from €98 to €0
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 | €20,225 | €19,368 | -€858 | -4.2% |
| Fixed assets | 21/28 | €1,117 | €1,389 | +€273 | +24.4% |
| Tangible fixed assets | 22/27 | €1,117 | €1,389 | +€273 | +24.4% |
| Plant, machinery and equipment | 23 | €1,117 | €1,389 | +€273 | +24.4% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €19,109 | €17,978 | -€1,130 | -5.9% |
| Stocks and contracts in progress | 3 | €3,079 | €4,099 | +€1,020 | +33.1% |
| Stocks | 30/36 | €3,079 | €4,099 | +€1,020 | +33.1% |
| Amounts receivable within one year | 40/41 | €1,431 | €2,326 | +€894 | +62.5% |
| Other amounts receivable | 41 | €1,431 | €2,326 | +€894 | +62.5% |
| Cash at bank and in hand | 54/58 | €4,518 | €4,661 | +€143 | +3.2% |
| Deferred charges and accrued income | 490/1 | €10,081 | €6,893 | -€3,188 | -31.6% |
| Total equity and liabilities | 10/49 | €20,225 | €19,368 | -€858 | -4.2% |
| Equity | 10/15 | €13,500 | €9,156 | -€4,345 | -32.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €11,500 | €6,500 | -€5,000 | -43.5% |
| Distributable reserves | 133 | €11,500 | €6,500 | -€5,000 | -43.5% |
| Profit (loss) carried forward | 14 | €0 | €656 | +€655 | +156009.5% |
| Amounts payable | 17/49 | €6,725 | €10,212 | +€3,487 | +51.9% |
| Amounts payable within one year | 42/48 | €6,725 | €10,212 | +€3,487 | +51.9% |
| Trade debts | 44 | €424 | €792 | +€367 | +86.5% |
| Suppliers | 440/4 | €424 | €792 | +€367 | +86.5% |
| Taxes, remuneration and social security | 45 | €6,300 | €4,420 | -€1,880 | -29.8% |
| Taxes | 450/3 | €6,300 | €4,420 | -€1,880 | -29.8% |
| Other amounts payable | 47/48 | - | €5,000 | +€5,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89 | €264 | +€175 | +197.7% |
| Other operating charges | 640/8 | €1,912 | €771 | -€1,141 | -59.7% |
| Gross operating margin | 9900 | -€2,159 | €3,539 | +€5,698 | |
| Operating profit (loss) | 9901 | -€4,160 | €2,504 | +€6,664 | |
| Financial income | 75/76B | €49 | €107 | +€57 | +116.2% |
| Recurring financial income | 75 | €49 | €107 | +€57 | +116.2% |
| Financial charges | 65/66B | €2,228 | €1,956 | -€272 | -12.2% |
| Recurring financial charges | 65 | €2,228 | €1,956 | -€272 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,338 | €655 | +€6,994 | |
| Income taxes | 67/77 | €98 | €0 | -€98 | -100.0% |
| Profit (loss) for the period | 9904 | -€6,437 | €655 | +€7,092 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,437 | €655 | +€7,092 |
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 8 October 2026 via checked.be.