Rekenaar: 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.
Rekenaar
Largest movements
- Cash -€15,347
down €15,347 (-33.3%), from €46,030 to €30,683
mainly Contributions, distributions and other (-€40,000) and Net result for the year (-€3,270)
- Current investments -€6,438
down €6,438 (-100.0%), from €6,438 to €0
- Receivables within one year -€2,655
down €2,655 (-18.4%), from €14,453 to €11,798
of which Other amounts receivable: -€2,301
- Receivables after one year -€1,476
down €1,476 (-73.7%), from €2,002 to €526
- Reserves -€42,249
down €42,249 (-100.0%), from €42,249 to €0
- Other debts +€11,392
up €11,392 (+132.5%), from €8,598 to €19,989
- Trade debts +€4,015
up €4,015 (+323.8%), from €1,240 to €5,254
- Tax, wage and social debts +€1,660
up €1,660 (+55.2%), from €3,009 to €4,669
- Profit (loss) carried forward -€1,020
down €1,020, from €0 to -€1,020
- Gross operating margin -€51,287
down €51,287 (-99.5%), from €51,559 to €272
- Taxes -€9,884
down €9,884 (-90.5%), from €10,922 to €1,038
- Financial charges +€1,001
up €1,001, from -€562 to €439
of which Financial charges: +€922
- Depreciation +€576
up €576 (+52.4%), from €1,100 to €1,676
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 | €73,695 | €47,492 | -€26,203 | -35.6% |
| Fixed assets | 21/28 | €3,717 | €3,380 | -€338 | -9.1% |
| Tangible fixed assets | 22/27 | €3,717 | €3,380 | -€338 | -9.1% |
| Plant, machinery and equipment | 23 | €2,318 | €1,412 | -€906 | -39.1% |
| Furniture and vehicles | 24 | €1,400 | €1,968 | +€568 | +40.6% |
| Current assets | 29/58 | €69,978 | €44,113 | -€25,866 | -37.0% |
| Amounts receivable after more than one year | 29 | €2,002 | €526 | -€1,476 | -73.7% |
| Other amounts receivable | 291 | €2,002 | €526 | -€1,476 | -73.7% |
| Amounts receivable within one year | 40/41 | €14,453 | €11,798 | -€2,655 | -18.4% |
| Trade receivables | 40 | €12,152 | €11,798 | -€354 | -2.9% |
| Other amounts receivable | 41 | €2,301 | €0 | -€2,301 | -100.0% |
| Current investments | 50/53 | €6,438 | €0 | -€6,438 | -100.0% |
| Cash at bank and in hand | 54/58 | €46,030 | €30,683 | -€15,347 | -33.3% |
| Deferred charges and accrued income | 490/1 | €1,056 | €1,107 | +€51 | +4.8% |
| Total equity and liabilities | 10/49 | €73,695 | €47,492 | -€26,203 | -35.6% |
| Equity | 10/15 | €60,849 | €17,580 | -€43,270 | -71.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €42,249 | €0 | -€42,249 | -100.0% |
| Distributable reserves | 133 | €42,249 | €0 | -€42,249 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | -€1,020 | -€1,020 | |
| Amounts payable | 17/49 | €12,846 | €29,912 | +€17,066 | +132.9% |
| Amounts payable within one year | 42/48 | €12,846 | €29,912 | +€17,066 | +132.9% |
| Trade debts | 44 | €1,240 | €5,254 | +€4,015 | +323.8% |
| Suppliers | 440/4 | €1,240 | €5,254 | +€4,015 | +323.8% |
| Taxes, remuneration and social security | 45 | €3,009 | €4,669 | +€1,660 | +55.2% |
| Taxes | 450/3 | €3,009 | €4,669 | +€1,660 | +55.2% |
| Other amounts payable | 47/48 | €8,598 | €19,989 | +€11,392 | +132.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,100 | €1,676 | +€576 | +52.4% |
| Other operating charges | 640/8 | €746 | €818 | +€72 | +9.6% |
| Gross operating margin | 9900 | €51,559 | €272 | -€51,287 | -99.5% |
| Operating profit (loss) | 9901 | €49,713 | -€2,222 | -€51,935 | |
| Financial income | 75/76B | €477 | €429 | -€47 | -9.9% |
| Recurring financial income | 75 | €405 | €366 | -€39 | -9.6% |
| Non-recurring financial income | 76B | €72 | €63 | -€8 | -11.7% |
| Financial charges | 65/66B | -€562 | €439 | +€1,001 | |
| Recurring financial charges | 65 | -€562 | €360 | +€922 | |
| Non-recurring financial charges | 66B | - | €79 | +€79 | |
| Profit (loss) for the period before taxes | 9903 | €50,752 | -€2,231 | -€52,983 | |
| Income taxes | 67/77 | €10,922 | €1,038 | -€9,884 | -90.5% |
| Profit (loss) for the period | 9904 | €39,829 | -€3,270 | -€43,099 | |
| Profit (loss) for the period to be appropriated | 9905 | €39,829 | -€3,270 | -€43,099 |
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 12 October 2026 via checked.be.