Site & Science: 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.
Site & Science
Largest movements
- Cash -€13,125
down €13,125 (-40.1%), from €32,700 to €19,575
mainly Other debts (-€21,085) and Receivables within one year (-€10,096)
- Receivables within one year +€10,096
up €10,096 (+107.7%), from €9,375 to €19,470
of which Trade receivables: +€9,893
- Tangible fixed assets +€1,822
new in 2025: €1,822
- Deferred charges and accrued income +€521
new in 2025: €521
- Other debts -€21,085
down €21,085 (-79.3%), from €26,592 to €5,507
- Profit (loss) carried forward +€17,428
new in 2025: €17,428
- Trade debts +€1,598
up €1,598 (+264.1%), from €605 to €2,203
- Tax, wage and social debts +€1,371
up €1,371 (+55.4%), from €2,477 to €3,849
- Gross operating margin -€5,338
down €5,338 (-18.3%), from €29,205 to €23,867
- Taxes -€1,505
down €1,505 (-20.7%), from €7,279 to €5,774
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 | €42,074 | €41,387 | -€687 | -1.6% |
| Fixed assets | 21/28 | - | €1,822 | +€1,822 | |
| Tangible fixed assets | 22/27 | - | €1,822 | +€1,822 | |
| Furniture and vehicles | 24 | - | €1,822 | +€1,822 | |
| Current assets | 29/58 | €42,074 | €39,565 | -€2,509 | -6.0% |
| Amounts receivable within one year | 40/41 | €9,375 | €19,470 | +€10,096 | +107.7% |
| Trade receivables | 40 | €9,351 | €19,244 | +€9,893 | +105.8% |
| Other amounts receivable | 41 | €24 | €226 | +€203 | +857.6% |
| Cash at bank and in hand | 54/58 | €32,700 | €19,575 | -€13,125 | -40.1% |
| Deferred charges and accrued income | 490/1 | - | €521 | +€521 | |
| Total equity and liabilities | 10/49 | €42,074 | €41,387 | -€687 | -1.6% |
| Equity | 10/15 | €12,400 | €29,828 | +€17,428 | +140.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €17,428 | +€17,428 | |
| Amounts payable | 17/49 | €29,674 | €11,559 | -€18,116 | -61.0% |
| Amounts payable within one year | 42/48 | €29,674 | €11,559 | -€18,116 | -61.0% |
| Trade debts | 44 | €605 | €2,203 | +€1,598 | +264.1% |
| Suppliers | 440/4 | €605 | €2,203 | +€1,598 | +264.1% |
| Taxes, remuneration and social security | 45 | €2,477 | €3,849 | +€1,371 | +55.4% |
| Taxes | 450/3 | €2,477 | €3,849 | +€1,371 | +55.4% |
| Other amounts payable | 47/48 | €26,592 | €5,507 | -€21,085 | -79.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €103 | +€103 | |
| Other operating charges | 640/8 | €567 | €400 | -€168 | -29.5% |
| Gross operating margin | 9900 | €29,205 | €23,867 | -€5,338 | -18.3% |
| Operating profit (loss) | 9901 | €28,638 | €23,364 | -€5,274 | -18.4% |
| Financial charges | 65/66B | €64 | €162 | +€98 | +154.5% |
| Recurring financial charges | 65 | €64 | €162 | +€98 | +154.5% |
| Profit (loss) for the period before taxes | 9903 | €28,574 | €23,202 | -€5,372 | -18.8% |
| Income taxes | 67/77 | €7,279 | €5,774 | -€1,505 | -20.7% |
| Profit (loss) for the period | 9904 | €21,295 | €17,428 | -€3,867 | -18.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,295 | €17,428 | -€3,867 | -18.2% |
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 11 October 2026 via checked.be.