SAMARY: 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.
SAMARY
Largest movements
- Cash -€3,992
down €3,992 (-77.1%), from €5,178 to €1,186
mainly Net result for the year (-€18,719) and Investment in fixed assets (net) (-€875)
- Tangible fixed assets -€3,353
down €3,353 (-25.5%), from €13,165 to €9,812
- Receivables within one year -€1,469
down €1,469 (-61.2%), from €2,399 to €930
of which Other amounts receivable: -€2,399
- Profit (loss) carried forward -€18,719
down €18,719 (-78.7%), from -€23,798 to -€42,518
- Other debts +€6,904
up €6,904 (+16.0%), from €43,041 to €49,945
- Advances received +€1,125
new in 2025: €1,125
- Trade debts +€977
up €977, from €0 to €977
- Tax, wage and social debts +€899
up €899, from €0 to €899
- Gross operating margin +€8,052
up €8,052 (+36.1%), from -€22,303 to -€14,251
- Depreciation +€555
up €555 (+15.1%), from €3,673 to €4,228
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 | €20,743 | €11,928 | -€8,814 | -42.5% |
| Fixed assets | 21/28 | €13,165 | €9,812 | -€3,353 | -25.5% |
| Tangible fixed assets | 22/27 | €13,165 | €9,812 | -€3,353 | -25.5% |
| Furniture and vehicles | 24 | €13,165 | €9,812 | -€3,353 | -25.5% |
| Current assets | 29/58 | €7,578 | €2,116 | -€5,462 | -72.1% |
| Amounts receivable within one year | 40/41 | €2,399 | €930 | -€1,469 | -61.2% |
| Trade receivables | 40 | €0 | €930 | +€930 | |
| Other amounts receivable | 41 | €2,399 | €0 | -€2,399 | -100% |
| Cash at bank and in hand | 54/58 | €5,178 | €1,186 | -€3,992 | -77.1% |
| Total equity and liabilities | 10/49 | €20,743 | €11,928 | -€8,814 | -42.5% |
| Equity | 10/15 | -€22,298 | -€41,018 | -€18,719 | -83.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,798 | -€42,518 | -€18,719 | -78.7% |
| Amounts payable | 17/49 | €43,041 | €52,946 | +€9,905 | +23.0% |
| Amounts payable within one year | 42/48 | €43,041 | €52,946 | +€9,905 | +23.0% |
| Trade debts | 44 | €0 | €977 | +€977 | |
| Suppliers | 440/4 | €0 | €977 | +€977 | |
| Advances received on contracts in progress | 46 | - | €1,125 | +€1,125 | |
| Taxes, remuneration and social security | 45 | €0 | €899 | +€899 | |
| Taxes | 450/3 | €0 | €899 | +€899 | |
| Other amounts payable | 47/48 | €43,041 | €49,945 | +€6,904 | +16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,673 | €4,228 | +€555 | +15.1% |
| Other operating charges | 640/8 | €183 | €186 | +€4 | +2.0% |
| Gross operating margin | 9900 | -€22,303 | -€14,251 | +€8,052 | +36.1% |
| Operating profit (loss) | 9901 | -€26,159 | -€18,665 | +€7,494 | +28.6% |
| Financial charges | 65/66B | €28 | €54 | +€26 | +93.3% |
| Recurring financial charges | 65 | €28 | €54 | +€26 | +93.3% |
| Profit (loss) for the period before taxes | 9903 | -€26,187 | -€18,719 | +€7,468 | +28.5% |
| Profit (loss) for the period | 9904 | -€26,187 | -€18,719 | +€7,468 | +28.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,187 | -€18,719 | +€7,468 | +28.5% |
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.