SHOOT FOR THE MOON: 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.
SHOOT FOR THE MOON
Largest movements
- Receivables within one year -€134,126
down €134,126 (-99.8%), from €134,334 to €208
of which Trade receivables: -€134,334
- Cash -€36,582
down €36,582 (-46.8%), from €78,250 to €41,668
mainly Net result for the year (-€130,881) and Tax, wage and social debts (-€41,513)
- Profit (loss) carried forward -€130,881
down €130,881, from €9,244 to -€121,637
- Tax, wage and social debts -€41,513
no longer reported in 2025 (was €41,513)
of which Taxes: -€27,513
- Other operating charges +€107,917
up €107,917 (+11,785%), from €916 to €108,833
- Gross operating margin -€22,863
down €22,863, from €3,446 to -€19,416
- Taxes -€1,838
down €1,838, from €1,835 to -€2
- Depreciation +€1,458
up €1,458 (+119%), from €1,224 to €2,682
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 | €219,915 | €47,401 | -€172,514 | -78.4% |
| Fixed assets | 21/28 | €4,164 | €3,922 | -€242 | -5.8% |
| Tangible fixed assets | 22/27 | €4,164 | €3,922 | -€242 | -5.8% |
| Furniture and vehicles | 24 | €4,164 | €3,922 | -€242 | -5.8% |
| Current assets | 29/58 | €215,751 | €43,479 | -€172,272 | -79.8% |
| Amounts receivable within one year | 40/41 | €134,334 | €208 | -€134,126 | -99.8% |
| Trade receivables | 40 | €134,334 | - | -€134,334 | |
| Other amounts receivable | 41 | - | €208 | +€208 | |
| Cash at bank and in hand | 54/58 | €78,250 | €41,668 | -€36,582 | -46.8% |
| Deferred charges and accrued income | 490/1 | €3,167 | €1,604 | -€1,564 | -49.4% |
| Total equity and liabilities | 10/49 | €219,915 | €47,401 | -€172,514 | -78.4% |
| Equity | 10/15 | €174,157 | €43,276 | -€130,881 | -75.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €146,312 | €146,312 | = | 0.0% |
| Distributable reserves | 133 | €146,312 | €146,312 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,244 | -€121,637 | -€130,881 | |
| Amounts payable | 17/49 | €45,759 | €4,126 | -€41,633 | -91.0% |
| Amounts payable within one year | 42/48 | €45,759 | €4,126 | -€41,633 | -91.0% |
| Trade debts | 44 | €1,255 | €941 | -€314 | -25.0% |
| Suppliers | 440/4 | €1,255 | €941 | -€314 | -25.0% |
| Taxes, remuneration and social security | 45 | €41,513 | - | -€41,513 | |
| Taxes | 450/3 | €27,513 | - | -€27,513 | |
| Remuneration and social security | 454/9 | €14,000 | - | -€14,000 | |
| Other amounts payable | 47/48 | €2,991 | €3,185 | +€194 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,224 | €2,682 | +€1,458 | +119% |
| Other operating charges | 640/8 | €916 | €108,833 | +€107,917 | +11,785% |
| Gross operating margin | 9900 | €3,446 | -€19,416 | -€22,863 | |
| Operating profit (loss) | 9901 | €1,307 | -€130,931 | -€132,238 | |
| Financial income | 75/76B | €209 | €214 | +€5 | +2.4% |
| Recurring financial income | 75 | €209 | €214 | +€5 | +2.4% |
| Financial charges | 65/66B | €166 | €166 | +€0 | +0.2% |
| Recurring financial charges | 65 | €166 | €166 | +€0 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €1,349 | -€130,884 | -€132,233 | |
| Income taxes | 67/77 | €1,835 | -€2 | -€1,838 | |
| Profit (loss) for the period | 9904 | -€486 | -€130,881 | -€130,395 | -26,834% |
| Profit (loss) for the period to be appropriated | 9905 | -€486 | -€130,881 | -€130,395 | -26,834% |
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.