SCHECK: 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.
SCHECK
Largest movements
- Receivables within one year -€19,800
down €19,800 (-30.8%), from €64,328 to €44,528
of which Trade receivables: -€16,538
- Stocks and contracts -€14,420
down €14,420 (-100.0%), from €14,420 to €0
- Deferred charges and accrued income -€9,827
down €9,827 (-95.4%), from €10,296 to €469
- Tangible fixed assets +€3,918
up €3,918 (+11.9%), from €32,852 to €36,771
of which Other tangible fixed assets: +€35,290
- Cash -€3,249
down €3,249 (-11.9%), from €27,345 to €24,096
mainly Debts after one year (-€14,934) and Tax, wage and social debts (-€13,315)
- Debts after one year -€14,934
down €14,934 (-44.6%), from €33,519 to €18,585
- Tax, wage and social debts -€13,315
down €13,315 (-51.2%), from €26,015 to €12,700
of which Taxes: -€7,220
- Current portion of long-term debt -€12,433
down €12,433 (-71.6%), from €17,358 to €4,924
- Trade debts -€10,093
down €10,093 (-32.3%), from €31,220 to €21,128
- Profit (loss) carried forward +€8,479
up €8,479 (+27.4%), from €30,928 to €39,407
- Staff costs -€202,915
down €202,915 (-81.4%), from €249,314 to €46,399
- Gross operating margin -€174,905
down €174,905 (-62.5%), from €279,926 to €105,021
- Other operating charges -€4,499
down €4,499 (-59.4%), from €7,573 to €3,074
- Depreciation -€3,250
down €3,250 (-75.0%), from €4,331 to €1,082
- Taxes +€2,966
up €2,966 (+78.2%), from €3,790 to €6,756
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 | €159,992 | €116,615 | -€43,377 | -27.1% |
| Fixed assets | 21/28 | €43,602 | €47,521 | +€3,918 | +9.0% |
| Tangible fixed assets | 22/27 | €32,852 | €36,771 | +€3,918 | +11.9% |
| Plant, machinery and equipment | 23 | €23,005 | €1,130 | -€21,875 | -95.1% |
| Furniture and vehicles | 24 | €9,847 | €351 | -€9,496 | -96.4% |
| Other tangible fixed assets | 26 | - | €35,290 | +€35,290 | |
| Financial fixed assets | 28 | €10,750 | €10,750 | = | 0.0% |
| Current assets | 29/58 | €116,390 | €69,094 | -€47,295 | -40.6% |
| Stocks and contracts in progress | 3 | €14,420 | €0 | -€14,420 | -100.0% |
| Stocks | 30/36 | €14,420 | €0 | -€14,420 | -100.0% |
| Amounts receivable within one year | 40/41 | €64,328 | €44,528 | -€19,800 | -30.8% |
| Trade receivables | 40 | €57,910 | €41,372 | -€16,538 | -28.6% |
| Other amounts receivable | 41 | €6,418 | €3,157 | -€3,262 | -50.8% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €27,345 | €24,096 | -€3,249 | -11.9% |
| Deferred charges and accrued income | 490/1 | €10,296 | €469 | -€9,827 | -95.4% |
| Total equity and liabilities | 10/49 | €159,992 | €116,615 | -€43,377 | -27.1% |
| Equity | 10/15 | €49,478 | €57,957 | +€8,479 | +17.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,928 | €39,407 | +€8,479 | +27.4% |
| Amounts payable | 17/49 | €110,514 | €58,658 | -€51,856 | -46.9% |
| Amounts payable after more than one year | 17 | €33,519 | €18,585 | -€14,934 | -44.6% |
| Financial debts | 170/4 | €33,519 | €18,585 | -€14,934 | -44.6% |
| Amounts payable within one year | 42/48 | €76,995 | €40,074 | -€36,922 | -48.0% |
| Current portion of amounts payable after more than one year | 42 | €17,358 | €4,924 | -€12,433 | -71.6% |
| Financial debts | 43 | €2,370 | €0 | -€2,370 | -100.0% |
| Credit institutions | 430/8 | €2,370 | €0 | -€2,370 | -100.0% |
| Trade debts | 44 | €31,220 | €21,128 | -€10,093 | -32.3% |
| Suppliers | 440/4 | €31,220 | €21,128 | -€10,093 | -32.3% |
| Taxes, remuneration and social security | 45 | €26,015 | €12,700 | -€13,315 | -51.2% |
| Taxes | 450/3 | €13,035 | €5,815 | -€7,220 | -55.4% |
| Remuneration and social security | 454/9 | €12,980 | €6,885 | -€6,095 | -47.0% |
| Other amounts payable | 47/48 | €33 | €1,322 | +€1,289 | +3889.7% |
| Non-recurring operating income | 76A | €320 | €85,557 | +€85,237 | +26622.4% |
| Remuneration, social security and pensions | 62 | €249,314 | €46,399 | -€202,915 | -81.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,331 | €1,082 | -€3,250 | -75.0% |
| Other operating charges | 640/8 | €7,573 | €3,074 | -€4,499 | -59.4% |
| Non-recurring operating charges | 66A | - | €30,290 | +€30,290 | |
| Gross operating margin | 9900 | €279,926 | €105,021 | -€174,905 | -62.5% |
| Operating profit (loss) | 9901 | €18,708 | €24,177 | +€5,469 | +29.2% |
| Financial income | 75/76B | €1,123 | €2,967 | +€1,844 | +164.2% |
| Recurring financial income | 75 | €1,123 | €2,967 | +€1,844 | +164.2% |
| Financial charges | 65/66B | €11,279 | €11,909 | +€630 | +5.6% |
| Recurring financial charges | 65 | €11,279 | €11,909 | +€630 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | €8,551 | €15,235 | +€6,684 | +78.2% |
| Income taxes | 67/77 | €3,790 | €6,756 | +€2,966 | +78.2% |
| Profit (loss) for the period | 9904 | €4,761 | €8,479 | +€3,718 | +78.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,761 | €8,479 | +€3,718 | +78.1% |
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 8 October 2026 via checked.be.