S & L: 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.
S & L
Largest movements
- Cash -€13,582
down €13,582 (-87.0%), from €15,609 to €2,027
mainly Other debts (-€7,522) and Debts after one year (-€4,500)
- Other debts -€7,522
down €7,522 (-15.3%), from €49,086 to €41,563
- Debts after one year -€4,500
down €4,500 (-70.6%), from €6,375 to €1,875
- Profit (loss) carried forward -€1,560
down €1,560 (-1.4%), from -€109,084 to -€110,644
- Gross operating margin +€70
up €70 (+6.7%), from -€1,053 to -€983
- Financial charges -€57
down €57 (-9.7%), from €584 to €527
- Other operating charges +€50
new in 2025: €50
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 | €16,070 | €2,487 | -€13,582 | -84.5% |
| Current assets | 29/58 | €16,070 | €2,487 | -€13,582 | -84.5% |
| Amounts receivable within one year | 40/41 | €461 | €461 | = | 0.0% |
| Other amounts receivable | 41 | €461 | €461 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €15,609 | €2,027 | -€13,582 | -87.0% |
| Total equity and liabilities | 10/49 | €16,070 | €2,487 | -€13,582 | -84.5% |
| Equity | 10/15 | -€44,266 | -€45,826 | -€1,560 | -3.5% |
| Contributions | 10/11 | €12,050 | €12,050 | = | 0.0% |
| Reserves | 13 | €52,767 | €52,767 | = | 0.0% |
| Distributable reserves | 133 | €52,767 | €52,767 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€109,084 | -€110,644 | -€1,560 | -1.4% |
| Amounts payable | 17/49 | €60,336 | €48,313 | -€12,022 | -19.9% |
| Amounts payable after more than one year | 17 | €6,375 | €1,875 | -€4,500 | -70.6% |
| Financial debts | 170/4 | €6,375 | €1,875 | -€4,500 | -70.6% |
| Amounts payable within one year | 42/48 | €53,961 | €46,438 | -€7,522 | -13.9% |
| Current portion of amounts payable after more than one year | 42 | €4,875 | €4,875 | = | 0.0% |
| Other amounts payable | 47/48 | €49,086 | €41,563 | -€7,522 | -15.3% |
| Other operating charges | 640/8 | - | €50 | +€50 | |
| Gross operating margin | 9900 | -€1,053 | -€983 | +€70 | +6.7% |
| Operating profit (loss) | 9901 | -€1,053 | -€1,033 | +€20 | +1.9% |
| Financial charges | 65/66B | €584 | €527 | -€57 | -9.7% |
| Recurring financial charges | 65 | €584 | €527 | -€57 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,637 | -€1,560 | +€77 | +4.7% |
| Profit (loss) for the period | 9904 | -€1,637 | -€1,560 | +€77 | +4.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,637 | -€1,560 | +€77 | +4.7% |
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 18 October 2026 via checked.be.