SEEKING VIEWS: 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.
SEEKING VIEWS
Largest movements
- Current investments -€70,000
down €70,000 (-100%), from €70,000 to €0
- Cash +€22,104
up €22,104 (+1,956%), from €1,130 to €23,235
mainly Current investments (+€70,000) and Depreciation (+€661)
- Receivables within one year +€5,163
up €5,163 (+41.8%), from €12,364 to €17,527
of which Other amounts receivable: +€13,010
- Profit (loss) carried forward -€19,357
down €19,357, from €13,533 to -€5,824
- Tax, wage and social debts -€15,425
down €15,425 (-75.6%), from €20,413 to €4,988
- Other debts -€7,502
down €7,502 (-78.9%), from €9,506 to €2,005
- Gross operating margin -€38,691
down €38,691, from €20,926 to -€17,765
- Taxes -€5,087
down €5,087 (-100%), from €5,087 to €0
- Financial income +€477
up €477 (+144%), from €330 to €807
- Financial charges -€421
down €421 (-22.6%), from €1,866 to €1,444
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 | €87,621 | €45,191 | -€42,430 | -48.4% |
| Fixed assets | 21/28 | €2,206 | €2,458 | +€252 | +11.4% |
| Tangible fixed assets | 22/27 | €2,206 | €2,458 | +€252 | +11.4% |
| Plant, machinery and equipment | 23 | €724 | €1,396 | +€672 | +92.7% |
| Furniture and vehicles | 24 | €1,481 | €1,062 | -€420 | -28.3% |
| Current assets | 29/58 | €85,415 | €42,733 | -€42,682 | -50.0% |
| Amounts receivable within one year | 40/41 | €12,364 | €17,527 | +€5,163 | +41.8% |
| Trade receivables | 40 | €12,360 | €4,513 | -€7,847 | -63.5% |
| Other amounts receivable | 41 | €4 | €13,015 | +€13,010 | +292,367% |
| Current investments | 50/53 | €70,000 | €0 | -€70,000 | -100% |
| Cash at bank and in hand | 54/58 | €1,130 | €23,235 | +€22,104 | +1,956% |
| Deferred charges and accrued income | 490/1 | €1,921 | €1,972 | +€50 | +2.6% |
| Total equity and liabilities | 10/49 | €87,621 | €45,191 | -€42,430 | -48.4% |
| Equity | 10/15 | €54,123 | €34,766 | -€19,357 | -35.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €35,589 | €35,589 | = | 0.0% |
| Distributable reserves | 133 | €35,589 | €35,589 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,533 | -€5,824 | -€19,357 | |
| Amounts payable | 17/49 | €33,498 | €10,425 | -€23,073 | -68.9% |
| Amounts payable within one year | 42/48 | €33,498 | €10,425 | -€23,073 | -68.9% |
| Trade debts | 44 | €3,579 | €3,432 | -€147 | -4.1% |
| Suppliers | 440/4 | €3,579 | €3,432 | -€147 | -4.1% |
| Taxes, remuneration and social security | 45 | €20,413 | €4,988 | -€15,425 | -75.6% |
| Taxes | 450/3 | €20,413 | €4,988 | -€15,425 | -75.6% |
| Other amounts payable | 47/48 | €9,506 | €2,005 | -€7,502 | -78.9% |
| Non-recurring operating income | 76A | - | €168 | +€168 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €620 | €661 | +€42 | +6.7% |
| Other operating charges | 640/8 | €150 | €294 | +€144 | +96.1% |
| Gross operating margin | 9900 | €20,926 | -€17,765 | -€38,691 | |
| Operating profit (loss) | 9901 | €20,156 | -€18,720 | -€38,876 | |
| Financial income | 75/76B | €330 | €807 | +€477 | +144% |
| Recurring financial income | 75 | €330 | €807 | +€477 | +144% |
| Financial charges | 65/66B | €1,866 | €1,444 | -€421 | -22.6% |
| Recurring financial charges | 65 | €1,866 | €1,444 | -€421 | -22.6% |
| Profit (loss) for the period before taxes | 9903 | €18,621 | -€19,357 | -€37,978 | |
| Income taxes | 67/77 | €5,087 | €0 | -€5,087 | -100% |
| Profit (loss) for the period | 9904 | €13,533 | -€19,357 | -€32,891 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,533 | -€19,357 | -€32,891 |
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 21 October 2026 via checked.be.