SALES ATTITUDE: what changed
SALES ATTITUDE
Largest movements
- Receivables within one year -€18,876
down €18,876 (-81.8%), from €23,083 to €4,208
of which Trade receivables: -€17,891
- Tangible fixed assets -€6,863
down €6,863 (-24.3%), from €28,211 to €21,348
- Cash -€6,030
down €6,030 (-90.6%), from €6,652 to €622
mainly Net result for the year (-€43,789) and Investment in fixed assets (net) (-€3,888)
- Intangible fixed assets +€2,054
up €2,054 (+36.5%), from €5,625 to €7,679
- Deferred charges and accrued income +€1,058
up €1,058 (+1,678%), from €63 to €1,121
- Profit (loss) carried forward -€43,789
down €43,789, from €16,119 to -€27,670
- Other debts +€19,164
up €19,164 (+173%), from €11,076 to €30,240
- Debts after one year -€3,871
down €3,871 (-24.7%), from €15,664 to €11,793
- Tax, wage and social debts -€746
down €746 (-47.9%), from €1,558 to €812
- Gross operating margin -€19,201
down €19,201 (-138%), from -€13,888 to -€33,089
- Depreciation +€5,720
up €5,720 (+192%), from €2,977 to €8,697
- Financial charges +€410
up €410 (+99.6%), from €412 to €822
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €63,634 | €34,978 | -€28,656 | -45.0% |
| Fixed assets | 21/28 | €33,836 | €29,027 | -€4,809 | -14.2% |
| Intangible fixed assets | 21 | €5,625 | €7,679 | +€2,054 | +36.5% |
| Tangible fixed assets | 22/27 | €28,211 | €21,348 | -€6,863 | -24.3% |
| Furniture and vehicles | 24 | €28,211 | €21,348 | -€6,863 | -24.3% |
| Current assets | 29/58 | €29,798 | €5,951 | -€23,848 | -80.0% |
| Amounts receivable within one year | 40/41 | €23,083 | €4,208 | -€18,876 | -81.8% |
| Trade receivables | 40 | €22,099 | €4,208 | -€17,891 | -81.0% |
| Other amounts receivable | 41 | €984 | - | -€984 | |
| Cash at bank and in hand | 54/58 | €6,652 | €622 | -€6,030 | -90.6% |
| Deferred charges and accrued income | 490/1 | €63 | €1,121 | +€1,058 | +1,678% |
| Total equity and liabilities | 10/49 | €63,634 | €34,978 | -€28,656 | -45.0% |
| Equity | 10/15 | €24,179 | -€19,610 | -€43,789 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,119 | -€27,670 | -€43,789 | |
| Amounts payable | 17/49 | €39,456 | €54,588 | +€15,133 | +38.4% |
| Amounts payable after more than one year | 17 | €15,664 | €11,793 | -€3,871 | -24.7% |
| Financial debts | 170/4 | €15,664 | €11,793 | -€3,871 | -24.7% |
| Amounts payable within one year | 42/48 | €23,791 | €42,795 | +€19,004 | +79.9% |
| Current portion of amounts payable after more than one year | 42 | €3,728 | €3,871 | +€143 | +3.8% |
| Trade debts | 44 | €7,429 | €7,872 | +€443 | +6.0% |
| Suppliers | 440/4 | €7,429 | €7,872 | +€443 | +6.0% |
| Taxes, remuneration and social security | 45 | €1,558 | €812 | -€746 | -47.9% |
| Taxes | 450/3 | €1,558 | €812 | -€746 | -47.9% |
| Other amounts payable | 47/48 | €11,076 | €30,240 | +€19,164 | +173% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,977 | €8,697 | +€5,720 | +192% |
| Other operating charges | 640/8 | €757 | €961 | +€204 | +27.0% |
| Gross operating margin | 9900 | -€13,888 | -€33,089 | -€19,201 | -138% |
| Operating profit (loss) | 9901 | -€17,622 | -€42,746 | -€25,125 | -143% |
| Financial income | 75/76B | €5 | €3 | -€2 | -34.6% |
| Recurring financial income | 75 | €5 | €3 | -€2 | -34.6% |
| Financial charges | 65/66B | €412 | €822 | +€410 | +99.6% |
| Recurring financial charges | 65 | €412 | €822 | +€410 | +99.6% |
| Profit (loss) for the period before taxes | 9903 | -€18,029 | -€43,566 | -€25,536 | -142% |
| Income taxes | 67/77 | €46 | €223 | +€177 | +386% |
| Profit (loss) for the period | 9904 | -€18,075 | -€43,789 | -€25,714 | -142% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,075 | -€43,789 | -€25,714 | -142% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.