SetUp: 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.
SetUp
Largest movements
- Cash -€27,736
down €27,736 (-96.6%), from €28,714 to €978
mainly Net result for the year (-€14,776) and Tax, wage and social debts (-€10,114)
- Receivables within one year +€2,650
up €2,650 (+223.6%), from €1,185 to €3,835
- Profit (loss) carried forward -€14,776
down €14,776 (-99.0%), from €14,923 to €147
- Tax, wage and social debts -€10,114
no longer reported in 2025 (was €10,114)
- Gross operating margin -€26,554
down €26,554, from €12,716 to -€13,838
- Taxes -€2,630
down €2,630 (-93.6%), from €2,810 to €180
- Depreciation -€571
down €571 (-79.7%), from €716 to €145
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 | €30,044 | €4,813 | -€25,231 | -84.0% |
| Fixed assets | 21/28 | €145 | - | -€145 | |
| Tangible fixed assets | 22/27 | €145 | - | -€145 | |
| Furniture and vehicles | 24 | €145 | - | -€145 | |
| Current assets | 29/58 | €29,899 | €4,813 | -€25,086 | -83.9% |
| Amounts receivable within one year | 40/41 | €1,185 | €3,835 | +€2,650 | +223.6% |
| Other amounts receivable | 41 | €1,185 | €3,835 | +€2,650 | +223.6% |
| Cash at bank and in hand | 54/58 | €28,714 | €978 | -€27,736 | -96.6% |
| Total equity and liabilities | 10/49 | €30,044 | €4,813 | -€25,231 | -84.0% |
| Equity | 10/15 | €17,923 | €3,147 | -€14,776 | -82.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,923 | €147 | -€14,776 | -99.0% |
| Amounts payable | 17/49 | €12,121 | €1,665 | -€10,456 | -86.3% |
| Amounts payable within one year | 42/48 | €12,121 | €1,665 | -€10,456 | -86.3% |
| Trade debts | 44 | €786 | €563 | -€223 | -28.4% |
| Suppliers | 440/4 | €786 | €563 | -€223 | -28.4% |
| Taxes, remuneration and social security | 45 | €10,114 | - | -€10,114 | |
| Taxes | 450/3 | €10,114 | - | -€10,114 | |
| Other amounts payable | 47/48 | €1,221 | €1,102 | -€119 | -9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €716 | €145 | -€571 | -79.7% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €12,716 | -€13,838 | -€26,554 | |
| Operating profit (loss) | 9901 | €11,613 | -€14,383 | -€25,996 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +200.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +200.0% |
| Financial charges | 65/66B | €208 | €213 | +€5 | +2.2% |
| Recurring financial charges | 65 | €208 | €213 | +€5 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | €11,405 | -€14,596 | -€26,000 | |
| Income taxes | 67/77 | €2,810 | €180 | -€2,630 | -93.6% |
| Profit (loss) for the period | 9904 | €8,594 | -€14,776 | -€23,370 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,594 | -€14,776 | -€23,370 |
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 12 October 2026 via checked.be.