ROUTE N95: 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.
ROUTE N95
Largest movements
- Receivables within one year -€6,788
down €6,788 (-59.6%), from €11,398 to €4,610
of which Trade receivables: -€3,457
- Stocks and contracts +€673
up €673 (+63.3%), from €1,063 to €1,736
- Profit (loss) carried forward -€7,507
down €7,507 (-199%), from -€3,773 to -€11,280
- Other debts +€1,683
up €1,683 (+24.3%), from €6,935 to €8,618
- Trade debts -€1,217
down €1,217 (-57.9%), from €2,102 to €885
- Accrued charges and deferred income +€883
new in 2025: €883
- Gross operating margin -€5,590
down €5,590 (-1,882%), from -€297 to -€5,887
- Other operating charges +€98
up €98 (+8.6%), from €1,138 to €1,236
- Financial charges +€89
up €89 (+42.0%), from €212 to €301
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 | €13,119 | €6,887 | -€6,232 | -47.5% |
| Fixed assets | 21/28 | €344 | €261 | -€83 | -24.1% |
| Tangible fixed assets | 22/27 | €344 | €261 | -€83 | -24.1% |
| Plant, machinery and equipment | 23 | €344 | €261 | -€83 | -24.1% |
| Current assets | 29/58 | €12,775 | €6,626 | -€6,149 | -48.1% |
| Stocks and contracts in progress | 3 | €1,063 | €1,736 | +€673 | +63.3% |
| Stocks | 30/36 | €1,063 | €1,736 | +€673 | +63.3% |
| Amounts receivable within one year | 40/41 | €11,398 | €4,610 | -€6,788 | -59.6% |
| Trade receivables | 40 | €3,457 | - | -€3,457 | |
| Other amounts receivable | 41 | €7,941 | €4,610 | -€3,331 | -41.9% |
| Cash at bank and in hand | 54/58 | €314 | €280 | -€34 | -10.8% |
| Total equity and liabilities | 10/49 | €13,119 | €6,887 | -€6,232 | -47.5% |
| Equity | 10/15 | €3,785 | -€3,722 | -€7,507 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,358 | €1,358 | = | 0.0% |
| Non-distributable reserves | 130/1 | €296 | €296 | = | 0.0% |
| Reserves not available under the articles | 1311 | €296 | €296 | = | 0.0% |
| Distributable reserves | 133 | €1,062 | €1,062 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,773 | -€11,280 | -€7,507 | -199% |
| Amounts payable | 17/49 | €9,334 | €10,609 | +€1,275 | +13.7% |
| Amounts payable within one year | 42/48 | €9,334 | €9,726 | +€392 | +4.2% |
| Trade debts | 44 | €2,102 | €885 | -€1,217 | -57.9% |
| Suppliers | 440/4 | €2,102 | €885 | -€1,217 | -57.9% |
| Taxes, remuneration and social security | 45 | €297 | €223 | -€74 | -24.9% |
| Taxes | 450/3 | €297 | €223 | -€74 | -24.9% |
| Other amounts payable | 47/48 | €6,935 | €8,618 | +€1,683 | +24.3% |
| Accrued charges and deferred income | 492/3 | - | €883 | +€883 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69 | €83 | +€14 | +20.3% |
| Other operating charges | 640/8 | €1,138 | €1,236 | +€98 | +8.6% |
| Gross operating margin | 9900 | -€297 | -€5,887 | -€5,590 | -1,882% |
| Operating profit (loss) | 9901 | -€1,504 | -€7,206 | -€5,702 | -379% |
| Financial charges | 65/66B | €212 | €301 | +€89 | +42.0% |
| Recurring financial charges | 65 | €212 | €301 | +€89 | +42.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,716 | -€7,507 | -€5,791 | -337% |
| Profit (loss) for the period | 9904 | -€1,716 | -€7,507 | -€5,791 | -337% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,716 | -€7,507 | -€5,791 | -337% |
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 14 October 2026 via checked.be.