SCENARIMAGE: what changed
Two fiscal 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.
SCENARIMAGE
Largest movements
- Cash -€10,412
down €10,412 (-54.1%), from €19,235 to €8,824
mainly Net result for the year (-€33,855) and Investment in fixed assets (net) (-€14,923)
- Receivables within one year +€2,765
up €2,765 (+65.1%), from €4,247 to €7,012
of which Trade receivables: +€1,737
- Profit (loss) carried forward -€33,855
down €33,855 (-21.5%), from -€157,179 to -€191,034
- Other debts +€22,357
up €22,357 (+33.3%), from €67,124 to €89,480
- Trade debts +€4,631
up €4,631 (+213.9%), from €2,165 to €6,796
- Tax, wage and social debts -€2,459
down €2,459 (-87.1%), from €2,824 to €365
- Gross operating margin +€33,907
up €33,907 (+65.6%), from -€51,657 to -€17,750
- Depreciation -€1,302
down €1,302 (-7.7%), from €16,961 to €15,660
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.
Cash bridge derived
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 | €217,327 | €207,607 | -€9,720 | -4.5% |
| Fixed assets | 21/28 | €192,067 | €191,330 | -€736 | -0.4% |
| Tangible fixed assets | 22/27 | €47,447 | €46,710 | -€736 | -1.6% |
| Furniture and vehicles | 24 | €47,447 | €46,710 | -€736 | -1.6% |
| Financial fixed assets | 28 | €144,620 | €144,620 | = | 0.0% |
| Current assets | 29/58 | €25,261 | €16,277 | -€8,983 | -35.6% |
| Amounts receivable within one year | 40/41 | €4,247 | €7,012 | +€2,765 | +65.1% |
| Trade receivables | 40 | €4,247 | €5,984 | +€1,737 | +40.9% |
| Other amounts receivable | 41 | - | €1,028 | +€1,028 | |
| Cash at bank and in hand | 54/58 | €19,235 | €8,824 | -€10,412 | -54.1% |
| Deferred charges and accrued income | 490/1 | €1,778 | €442 | -€1,336 | -75.2% |
| Total equity and liabilities | 10/49 | €217,327 | €207,607 | -€9,720 | -4.5% |
| Equity | 10/15 | -€155,179 | -€189,034 | -€33,855 | -21.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€157,179 | -€191,034 | -€33,855 | -21.5% |
| Amounts payable | 17/49 | €372,506 | €396,642 | +€24,135 | +6.5% |
| Amounts payable after more than one year | 17 | €300,000 | €300,000 | = | 0.0% |
| Other amounts payable | 178/9 | €300,000 | €300,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €72,113 | €96,642 | +€24,528 | +34.0% |
| Trade debts | 44 | €2,165 | €6,796 | +€4,631 | +213.9% |
| Suppliers | 440/4 | €2,165 | €6,796 | +€4,631 | +213.9% |
| Taxes, remuneration and social security | 45 | €2,824 | €365 | -€2,459 | -87.1% |
| Taxes | 450/3 | €2,824 | €365 | -€2,459 | -87.1% |
| Other amounts payable | 47/48 | €67,124 | €89,480 | +€22,357 | +33.3% |
| Accrued charges and deferred income | 492/3 | €393 | - | -€393 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,961 | €15,660 | -€1,302 | -7.7% |
| Other operating charges | 640/8 | €536 | €297 | -€239 | -44.6% |
| Gross operating margin | 9900 | -€51,657 | -€17,750 | +€33,907 | +65.6% |
| Operating profit (loss) | 9901 | -€69,155 | -€33,707 | +€35,448 | +51.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €159 | €148 | -€11 | -6.7% |
| Recurring financial charges | 65 | €159 | €148 | -€11 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | -€69,314 | -€33,855 | +€35,459 | +51.2% |
| Income taxes | 67/77 | €365 | - | -€365 | |
| Profit (loss) for the period | 9904 | -€69,679 | -€33,855 | +€35,824 | +51.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€69,679 | -€33,855 | +€35,824 | +51.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.