SEAT AT THE TABLE: 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.
SEAT AT THE TABLE
Largest movements
- Receivables within one year +€3,166
up €3,166 (+10,812%), from €29 to €3,195
of which Trade receivables: +€3,195
- Tangible fixed assets -€943
down €943 (-63.9%), from €1,477 to €534
of which Furniture and vehicles: -€693
- Deferred charges and accrued income -€708
down €708 (-62.1%), from €1,141 to €432
- Cash -€297
down €297 (-11.9%), from €2,503 to €2,206
mainly Net result for the year (-€8,896) and Receivables within one year (-€3,166)
- Profit (loss) carried forward -€8,896
down €8,896 (-513%), from -€1,735 to -€10,631
- Other debts +€7,125
up €7,125 (+207%), from €3,435 to €10,560
- Trade debts +€1,380
up €1,380 (+257%), from €538 to €1,917
- Tax, wage and social debts +€1,296
up €1,296 (+152%), from €852 to €2,148
- Short-term financial debts +€312
up €312 (+520%), from €60 to €372
- Gross operating margin -€9,230
down €9,230, from €2,345 to -€6,885
- Other operating charges -€835
down €835 (-51.1%), from €1,635 to €800
- Taxes -€720
down €720 (-84.5%), from €852 to €132
- Depreciation -€410
down €410 (-30.3%), from €1,353 to €943
- Financial charges -€107
down €107 (-42.8%), from €249 to €143
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 | €5,150 | €6,367 | +€1,217 | +23.6% |
| Fixed assets | 21/28 | €1,477 | €534 | -€943 | -63.9% |
| Tangible fixed assets | 22/27 | €1,477 | €534 | -€943 | -63.9% |
| Plant, machinery and equipment | 23 | €476 | €226 | -€250 | -52.5% |
| Furniture and vehicles | 24 | €1,001 | €308 | -€693 | -69.3% |
| Current assets | 29/58 | €3,673 | €5,833 | +€2,160 | +58.8% |
| Amounts receivable within one year | 40/41 | €29 | €3,195 | +€3,166 | +10,812% |
| Trade receivables | 40 | - | €3,195 | +€3,195 | |
| Other amounts receivable | 41 | €29 | €0 | -€29 | -100% |
| Cash at bank and in hand | 54/58 | €2,503 | €2,206 | -€297 | -11.9% |
| Deferred charges and accrued income | 490/1 | €1,141 | €432 | -€708 | -62.1% |
| Total equity and liabilities | 10/49 | €5,150 | €6,367 | +€1,217 | +23.6% |
| Equity | 10/15 | €265 | -€8,631 | -€8,896 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,735 | -€10,631 | -€8,896 | -513% |
| Amounts payable | 17/49 | €4,885 | €14,998 | +€10,113 | +207% |
| Amounts payable within one year | 42/48 | €4,885 | €14,998 | +€10,113 | +207% |
| Financial debts | 43 | €60 | €372 | +€312 | +520% |
| Credit institutions | 430/8 | €60 | €372 | +€312 | +520% |
| Trade debts | 44 | €538 | €1,917 | +€1,380 | +257% |
| Suppliers | 440/4 | €538 | €1,917 | +€1,380 | +257% |
| Taxes, remuneration and social security | 45 | €852 | €2,148 | +€1,296 | +152% |
| Taxes | 450/3 | €852 | €2,148 | +€1,296 | +152% |
| Other amounts payable | 47/48 | €3,435 | €10,560 | +€7,125 | +207% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,353 | €943 | -€410 | -30.3% |
| Other operating charges | 640/8 | €1,635 | €800 | -€835 | -51.1% |
| Gross operating margin | 9900 | €2,345 | -€6,885 | -€9,230 | |
| Operating profit (loss) | 9901 | -€643 | -€8,628 | -€7,986 | -1,243% |
| Financial income | 75/76B | €9 | €7 | -€2 | -18.7% |
| Recurring financial income | 75 | €9 | €7 | -€2 | -18.7% |
| Financial charges | 65/66B | €249 | €143 | -€107 | -42.8% |
| Recurring financial charges | 65 | €249 | €143 | -€107 | -42.8% |
| Profit (loss) for the period before taxes | 9903 | -€883 | -€8,764 | -€7,881 | -893% |
| Income taxes | 67/77 | €852 | €132 | -€720 | -84.5% |
| Profit (loss) for the period | 9904 | -€1,735 | -€8,896 | -€7,161 | -413% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,735 | -€8,896 | -€7,161 | -413% |
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 31 October 2026 via checked.be.