SCISSORS: 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.
SCISSORS
Largest movements
- Tangible fixed assets +€4,304
up €4,304 (+61.1%), from €7,048 to €11,352
of which Other tangible fixed assets: +€4,304
- Receivables within one year +€1,929
up €1,929 (+50.1%), from €3,851 to €5,780
of which Trade receivables: +€2,530
- Deferred charges and accrued income -€519
down €519 (-62.5%), from €830 to €311
- Cash +€331
up €331 (+7.1%), from €4,634 to €4,965
mainly Net result for the year (+€25,410) and Advances received (+€4,060)
- Profit (loss) carried forward +€25,410
up €25,410 (+25.8%), from -€98,367 to -€72,957
- Other debts -€22,925
down €22,925 (-24.4%), from €94,090 to €71,164
- Advances received +€4,060
new in 2025: €4,060
- Trade debts -€500
down €500 (-57.4%), from €871 to €372
- Gross operating margin +€18,771
up €18,771 (+250%), from €7,496 to €26,267
- Other operating charges -€623
down €623 (-72.9%), from €855 to €232
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 | €16,362 | €22,407 | +€6,045 | +36.9% |
| Fixed assets | 21/28 | €7,048 | €11,352 | +€4,304 | +61.1% |
| Tangible fixed assets | 22/27 | €7,048 | €11,352 | +€4,304 | +61.1% |
| Plant, machinery and equipment | 23 | €5,722 | €5,722 | = | 0.0% |
| Other tangible fixed assets | 26 | €1,326 | €5,630 | +€4,304 | +325% |
| Current assets | 29/58 | €9,314 | €11,055 | +€1,741 | +18.7% |
| Amounts receivable within one year | 40/41 | €3,851 | €5,780 | +€1,929 | +50.1% |
| Trade receivables | 40 | €2,104 | €4,634 | +€2,530 | +120% |
| Other amounts receivable | 41 | €1,747 | €1,146 | -€601 | -34.4% |
| Cash at bank and in hand | 54/58 | €4,634 | €4,965 | +€331 | +7.1% |
| Deferred charges and accrued income | 490/1 | €830 | €311 | -€519 | -62.5% |
| Total equity and liabilities | 10/49 | €16,362 | €22,407 | +€6,045 | +36.9% |
| Equity | 10/15 | -€87,967 | -€62,557 | +€25,410 | +28.9% |
| Contributions | 10/11 | €10,400 | €10,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€98,367 | -€72,957 | +€25,410 | +25.8% |
| Amounts payable | 17/49 | €104,330 | €84,964 | -€19,365 | -18.6% |
| Amounts payable within one year | 42/48 | €104,330 | €84,964 | -€19,365 | -18.6% |
| Trade debts | 44 | €871 | €372 | -€500 | -57.4% |
| Suppliers | 440/4 | €871 | €372 | -€500 | -57.4% |
| Advances received on contracts in progress | 46 | - | €4,060 | +€4,060 | |
| Taxes, remuneration and social security | 45 | €9,369 | €9,369 | = | 0.0% |
| Remuneration and social security | 454/9 | €9,369 | €9,369 | = | 0.0% |
| Other amounts payable | 47/48 | €94,090 | €71,164 | -€22,925 | -24.4% |
| Non-recurring operating income | 76A | €60 | - | -€60 | |
| Remuneration, social security and pensions | 62 | €40 | €140 | +€101 | +254% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51 | €310 | +€259 | +510% |
| Other operating charges | 640/8 | €855 | €232 | -€623 | -72.9% |
| Gross operating margin | 9900 | €7,496 | €26,267 | +€18,771 | +250% |
| Operating profit (loss) | 9901 | €6,550 | €25,585 | +€19,035 | +291% |
| Financial charges | 65/66B | €157 | €175 | +€18 | +11.5% |
| Recurring financial charges | 65 | €157 | €175 | +€18 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | €6,394 | €25,410 | +€19,017 | +297% |
| Profit (loss) for the period | 9904 | €6,394 | €25,410 | +€19,017 | +297% |
| Profit (loss) for the period to be appropriated | 9905 | €6,394 | €25,410 | +€19,017 | +297% |
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 22 October 2026 via checked.be.