revision2.0: 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.
revision2.0
Largest movements
- Tangible fixed assets -€2,600
down €2,600 (-62.3%), from €4,171 to €1,571
of which Plant, machinery and equipment: -€1,924
- Receivables within one year -€2,414
down €2,414 (-51.6%), from €4,673 to €2,260
of which Trade receivables: -€4,210
- Profit (loss) carried forward -€37,470
down €37,470 (-141%), from -€26,594 to -€64,064
- Other debts +€32,585
up €32,585 (+202%), from €16,171 to €48,756
- Tax, wage and social debts -€847
down €847 (-58.5%), from €1,447 to €600
- Trade debts +€719
new in 2025: €719
- Gross operating margin -€19,991
down €19,991 (-148%), from -€13,533 to -€33,523
- Depreciation -€932
down €932 (-26.4%), from €3,532 to €2,600
- Financial charges +€375
up €375 (+74.4%), from €504 to €879
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.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,844 | €3,830 | -€5,013 | -56.7% |
| Fixed assets | 21/28 | €4,171 | €1,571 | -€2,600 | -62.3% |
| Tangible fixed assets | 22/27 | €4,171 | €1,571 | -€2,600 | -62.3% |
| Plant, machinery and equipment | 23 | €3,208 | €1,284 | -€1,924 | -60.0% |
| Furniture and vehicles | 24 | €963 | €287 | -€675 | -70.2% |
| Current assets | 29/58 | €4,673 | €2,260 | -€2,414 | -51.6% |
| Amounts receivable within one year | 40/41 | €4,673 | €2,260 | -€2,414 | -51.6% |
| Trade receivables | 40 | €4,210 | - | -€4,210 | |
| Other amounts receivable | 41 | €464 | €2,260 | +€1,796 | +387% |
| Total equity and liabilities | 10/49 | €8,844 | €3,830 | -€5,013 | -56.7% |
| Equity | 10/15 | -€8,774 | -€46,244 | -€37,470 | -427% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €11,520 | €11,520 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €9,660 | €9,660 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,594 | -€64,064 | -€37,470 | -141% |
| Amounts payable | 17/49 | €17,618 | €50,075 | +€32,457 | +184% |
| Amounts payable within one year | 42/48 | €17,618 | €50,075 | +€32,457 | +184% |
| Trade debts | 44 | - | €719 | +€719 | |
| Suppliers | 440/4 | - | €719 | +€719 | |
| Taxes, remuneration and social security | 45 | €1,447 | €600 | -€847 | -58.5% |
| Taxes | 450/3 | €1,447 | €600 | -€847 | -58.5% |
| Other amounts payable | 47/48 | €16,171 | €48,756 | +€32,585 | +202% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,532 | €2,600 | -€932 | -26.4% |
| Other operating charges | 640/8 | - | €124 | +€124 | |
| Gross operating margin | 9900 | -€13,533 | -€33,523 | -€19,991 | -148% |
| Operating profit (loss) | 9901 | -€17,064 | -€36,247 | -€19,183 | -112% |
| Financial charges | 65/66B | €504 | €879 | +€375 | +74.4% |
| Recurring financial charges | 65 | €504 | €879 | +€375 | +74.4% |
| Profit (loss) for the period before taxes | 9903 | -€17,568 | -€37,126 | -€19,558 | -111% |
| Income taxes | 67/77 | €304 | €345 | +€41 | +13.6% |
| Profit (loss) for the period | 9904 | -€17,872 | -€37,470 | -€19,599 | -110% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,872 | -€37,470 | -€19,599 | -110% |
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 28 October 2026 via checked.be.