Shifting: 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.
Shifting
Largest movements
- Cash -€51,463
down €51,463 (-64.8%), from €79,402 to €27,940
mainly Other debts (-€78,492) and Trade debts (-€87)
- Receivables within one year -€3,942
down €3,942 (-22.2%), from €17,777 to €13,835
of which Trade receivables: -€3,649
- Other debts -€78,492
down €78,492 (-98.1%), from €80,000 to €1,508
- Reserves +€19,723
up €19,723 (+425.5%), from €4,635 to €24,358
- Tax, wage and social debts +€3,451
up €3,451 (+50.7%), from €6,810 to €10,261
- Taxes +€3,981
up €3,981 (+56.8%), from €7,013 to €10,994
- Gross operating margin -€1,942
down €1,942 (-5.8%), from €33,302 to €31,360
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 | €97,179 | €41,774 | -€55,405 | -57.0% |
| Current assets | 29/58 | €97,179 | €41,774 | -€55,405 | -57.0% |
| Amounts receivable within one year | 40/41 | €17,777 | €13,835 | -€3,942 | -22.2% |
| Trade receivables | 40 | €17,484 | €13,835 | -€3,649 | -20.9% |
| Other amounts receivable | 41 | €293 | €0 | -€293 | -100.0% |
| Cash at bank and in hand | 54/58 | €79,402 | €27,940 | -€51,463 | -64.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €97,179 | €41,774 | -€55,405 | -57.0% |
| Equity | 10/15 | €9,635 | €29,358 | +€19,723 | +204.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €4,635 | €24,358 | +€19,723 | +425.5% |
| Distributable reserves | 133 | €4,635 | €24,358 | +€19,723 | +425.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €87,544 | €12,417 | -€75,128 | -85.8% |
| Amounts payable within one year | 42/48 | €87,544 | €12,417 | -€75,128 | -85.8% |
| Trade debts | 44 | €735 | €648 | -€87 | -11.9% |
| Suppliers | 440/4 | €735 | €648 | -€87 | -11.9% |
| Taxes, remuneration and social security | 45 | €6,810 | €10,261 | +€3,451 | +50.7% |
| Taxes | 450/3 | €6,810 | €10,261 | +€3,451 | +50.7% |
| Other amounts payable | 47/48 | €80,000 | €1,508 | -€78,492 | -98.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | €33,302 | €31,360 | -€1,942 | -5.8% |
| Operating profit (loss) | 9901 | €32,853 | €30,898 | -€1,954 | -5.9% |
| Financial income | 75/76B | €19 | €0 | -€19 | -100.0% |
| Recurring financial income | 75 | €19 | €0 | -€19 | -100.0% |
| Financial charges | 65/66B | €146 | €182 | +€36 | +24.7% |
| Recurring financial charges | 65 | €146 | €182 | +€36 | +24.7% |
| Profit (loss) for the period before taxes | 9903 | €32,726 | €30,716 | -€2,009 | -6.1% |
| Income taxes | 67/77 | €7,013 | €10,994 | +€3,981 | +56.8% |
| Profit (loss) for the period | 9904 | €25,713 | €19,723 | -€5,990 | -23.3% |
| Profit (loss) for the period to be appropriated | 9905 | €25,713 | €19,723 | -€5,990 | -23.3% |
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 9 October 2026 via checked.be.