Représente: 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.
Représente
Largest movements
- Receivables within one year -€2.3m
down €2.3m (-60.3%), from €3.8m to €1.5m
of which Trade receivables: -€2.3m
- Cash +€1.0m
up €1.0m (+161.2%), from €635,574 to €1.7m
mainly Receivables within one year (+€2.3m) and Net result for the year (+€123,270)
- Trade debts -€1.2m
down €1.2m (-41.7%), from €2.9m to €1.7m
- Tax, wage and social debts -€163,210
down €163,210 (-62.8%), from €259,997 to €96,787
of which Taxes: -€165,102
- Profit (loss) carried forward +€123,270
up €123,270 (+14.6%), from €844,484 to €967,753
- Gross operating margin -€153,136
down €153,136 (-39.3%), from €389,803 to €236,667
- Staff costs -€120,683
down €120,683 (-64.8%), from €186,142 to €65,459
- Taxes -€10,244
down €10,244 (-18.2%), from €56,245 to €46,000
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 | €4,425,488 | €3,165,643 | -€1.3m | -28.5% |
| Fixed assets | 21/28 | €2,567 | €1,925 | -€642 | -25.0% |
| Intangible fixed assets | 21 | €2,567 | €1,925 | -€642 | -25.0% |
| Current assets | 29/58 | €4,422,921 | €3,163,718 | -€1.3m | -28.5% |
| Amounts receivable within one year | 40/41 | €3,787,347 | €1,503,518 | -€2.3m | -60.3% |
| Trade receivables | 40 | €3,550,980 | €1,243,573 | -€2.3m | -65.0% |
| Other amounts receivable | 41 | €236,367 | €259,945 | +€23,578 | +10.0% |
| Cash at bank and in hand | 54/58 | €635,574 | €1,660,199 | +€1.0m | +161.2% |
| Total equity and liabilities | 10/49 | €4,425,488 | €3,165,643 | -€1.3m | -28.5% |
| Equity | 10/15 | €854,484 | €977,753 | +€123,270 | +14.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €844,484 | €967,753 | +€123,270 | +14.6% |
| Amounts payable | 17/49 | €3,571,004 | €2,187,889 | -€1.4m | -38.7% |
| Amounts payable within one year | 42/48 | €3,571,004 | €2,187,889 | -€1.4m | -38.7% |
| Trade debts | 44 | €2,901,412 | €1,690,141 | -€1.2m | -41.7% |
| Suppliers | 440/4 | €2,901,412 | €1,690,141 | -€1.2m | -41.7% |
| Taxes, remuneration and social security | 45 | €259,997 | €96,787 | -€163,210 | -62.8% |
| Taxes | 450/3 | €252,317 | €87,215 | -€165,102 | -65.4% |
| Remuneration and social security | 454/9 | €7,680 | €9,573 | +€1,892 | +24.6% |
| Other amounts payable | 47/48 | €409,596 | €400,961 | -€8,635 | -2.1% |
| Remuneration, social security and pensions | 62 | €186,142 | €65,459 | -€120,683 | -64.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €642 | €642 | = | 0.0% |
| Other operating charges | 640/8 | - | €1,076 | +€1,076 | |
| Gross operating margin | 9900 | €389,803 | €236,667 | -€153,136 | -39.3% |
| Operating profit (loss) | 9901 | €203,019 | €169,491 | -€33,528 | -16.5% |
| Financial charges | 65/66B | €1,643 | €221 | -€1,422 | -86.6% |
| Recurring financial charges | 65 | €1,643 | €221 | -€1,422 | -86.6% |
| Profit (loss) for the period before taxes | 9903 | €201,377 | €169,270 | -€32,106 | -15.9% |
| Income taxes | 67/77 | €56,245 | €46,000 | -€10,244 | -18.2% |
| Profit (loss) for the period | 9904 | €145,132 | €123,270 | -€21,862 | -15.1% |
| Profit (loss) for the period to be appropriated | 9905 | €145,132 | €123,270 | -€21,862 | -15.1% |
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.