Rob Gorris: 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.
Rob Gorris
Largest movements
- Cash -€6,616
down €6,616 (-39.8%), from €16,621 to €10,005
mainly Net result for the year (-€25,974) and Tax, wage and social debts (-€1,638)
- Receivables after one year -€4,768
down €4,768 (-11.8%), from €40,353 to €35,584
- Tangible fixed assets -€2,636
down €2,636 (-12.1%), from €21,746 to €19,110
of which Other tangible fixed assets: -€1,706
- Profit (loss) carried forward -€25,732
new in 2025: -€25,732
- Other debts +€14,175
up €14,175 (+111%), from €12,717 to €26,892
- Tax, wage and social debts -€1,638
down €1,638 (-100%), from €1,638 to €0
of which Remuneration and social security: -€1,481
- Accrued charges and deferred income -€1,020
down €1,020 (-100%), from €1,020 to €0
- Gross operating margin +€1,034
up €1,034 (+4.2%), from -€24,464 to -€23,431
- Financial charges -€1,001
down €1,001 (-81.0%), from €1,236 to €235
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
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 | €79,304 | €65,326 | -€13,979 | -17.6% |
| Fixed assets | 21/28 | €21,746 | €19,110 | -€2,636 | -12.1% |
| Tangible fixed assets | 22/27 | €21,746 | €19,110 | -€2,636 | -12.1% |
| Furniture and vehicles | 24 | €1,641 | €711 | -€930 | -56.7% |
| Other tangible fixed assets | 26 | €20,105 | €18,399 | -€1,706 | -8.5% |
| Current assets | 29/58 | €57,558 | €46,216 | -€11,343 | -19.7% |
| Amounts receivable after more than one year | 29 | €40,353 | €35,584 | -€4,768 | -11.8% |
| Other amounts receivable | 291 | €40,353 | €35,584 | -€4,768 | -11.8% |
| Amounts receivable within one year | 40/41 | €421 | €626 | +€206 | +48.8% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €421 | €626 | +€206 | +48.8% |
| Cash at bank and in hand | 54/58 | €16,621 | €10,005 | -€6,616 | -39.8% |
| Deferred charges and accrued income | 490/1 | €164 | €0 | -€164 | -100% |
| Total equity and liabilities | 10/49 | €79,304 | €65,326 | -€13,979 | -17.6% |
| Equity | 10/15 | €63,903 | €37,928 | -€25,974 | -40.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €60,903 | €60,660 | -€243 | -0.4% |
| Distributable reserves | 133 | €60,903 | €60,660 | -€243 | -0.4% |
| Profit (loss) carried forward | 14 | - | -€25,732 | -€25,732 | |
| Amounts payable | 17/49 | €15,402 | €27,397 | +€11,996 | +77.9% |
| Amounts payable within one year | 42/48 | €14,381 | €27,397 | +€13,016 | +90.5% |
| Trade debts | 44 | €26 | €506 | +€480 | +1,824% |
| Suppliers | 440/4 | €26 | €506 | +€480 | +1,824% |
| Taxes, remuneration and social security | 45 | €1,638 | €0 | -€1,638 | -100% |
| Taxes | 450/3 | €157 | €0 | -€157 | -100% |
| Remuneration and social security | 454/9 | €1,481 | €0 | -€1,481 | -100% |
| Other amounts payable | 47/48 | €12,717 | €26,892 | +€14,175 | +111% |
| Accrued charges and deferred income | 492/3 | €1,020 | €0 | -€1,020 | -100% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,552 | €2,636 | +€84 | +3.3% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€24,464 | -€23,431 | +€1,034 | +4.2% |
| Operating profit (loss) | 9901 | -€27,404 | -€26,466 | +€938 | +3.4% |
| Financial income | 75/76B | €829 | €727 | -€102 | -12.3% |
| Recurring financial income | 75 | €829 | €727 | -€102 | -12.3% |
| Financial charges | 65/66B | €1,236 | €235 | -€1,001 | -81.0% |
| Recurring financial charges | 65 | €1,236 | €235 | -€1,001 | -81.0% |
| Profit (loss) for the period before taxes | 9903 | -€27,811 | -€25,974 | +€1,836 | +6.6% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€27,811 | -€25,974 | +€1,836 | +6.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,811 | -€25,974 | +€1,836 | +6.6% |
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.