SIX SIXTY NINE: 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.
SIX SIXTY NINE
Largest movements
- Receivables after one year -€7,067
down €7,067 (-12.5%), from €56,415 to €49,348
- Cash -€5,167
down €5,167 (-75.9%), from €6,803 to €1,636
mainly Net result for the year (-€18,909) and Trade debts (-€3,471)
- Receivables within one year -€3,428
down €3,428 (-76.4%), from €4,490 to €1,062
- Stocks and contracts -€2,291
down €2,291 (-12.8%), from €17,835 to €15,544
- Profit (loss) carried forward -€18,909
down €18,909 (-31.5%), from €59,958 to €41,049
- Short-term financial debts +€4,851
new in 2025: €4,851
- Trade debts -€3,471
down €3,471 (-46.8%), from €7,411 to €3,940
- Tax, wage and social debts -€2,964
down €2,964 (-41.3%), from €7,175 to €4,211
- Gross operating margin -€21,733
down €21,733, from €6,416 to -€15,316
- Financial income -€1,710
down €1,710 (-98.9%), from €1,728 to €18
- Depreciation -€1,325
down €1,325 (-55.3%), from €2,395 to €1,069
- Taxes -€648
down €648 (-78.3%), from €827 to €180
- Other operating charges -€642
down €642 (-53.0%), from €1,212 to €569
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 | €109,046 | €89,569 | -€19,477 | -17.9% |
| Fixed assets | 21/28 | €3,265 | €2,196 | -€1,069 | -32.8% |
| Tangible fixed assets | 22/27 | €1,069 | €0 | -€1,069 | -100% |
| Furniture and vehicles | 24 | €1,069 | €0 | -€1,069 | -100% |
| Financial fixed assets | 28 | €2,196 | €2,196 | = | 0.0% |
| Current assets | 29/58 | €105,781 | €87,373 | -€18,408 | -17.4% |
| Amounts receivable after more than one year | 29 | €56,415 | €49,348 | -€7,067 | -12.5% |
| Other amounts receivable | 291 | €56,415 | €49,348 | -€7,067 | -12.5% |
| Stocks and contracts in progress | 3 | €17,835 | €15,544 | -€2,291 | -12.8% |
| Stocks | 30/36 | €17,835 | €15,544 | -€2,291 | -12.8% |
| Amounts receivable within one year | 40/41 | €4,490 | €1,062 | -€3,428 | -76.4% |
| Trade receivables | 40 | €4,490 | €1,062 | -€3,428 | -76.4% |
| Cash at bank and in hand | 54/58 | €6,803 | €1,636 | -€5,167 | -75.9% |
| Deferred charges and accrued income | 490/1 | €20,238 | €19,783 | -€455 | -2.3% |
| Total equity and liabilities | 10/49 | €109,046 | €89,569 | -€19,477 | -17.9% |
| Equity | 10/15 | €94,460 | €75,551 | -€18,909 | -20.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €22,102 | €22,102 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €20,242 | €20,242 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,958 | €41,049 | -€18,909 | -31.5% |
| Amounts payable | 17/49 | €14,586 | €14,018 | -€568 | -3.9% |
| Amounts payable within one year | 42/48 | €14,586 | €13,001 | -€1,584 | -10.9% |
| Financial debts | 43 | - | €4,851 | +€4,851 | |
| Credit institutions | 430/8 | - | €4,851 | +€4,851 | |
| Trade debts | 44 | €7,411 | €3,940 | -€3,471 | -46.8% |
| Suppliers | 440/4 | €7,411 | €3,940 | -€3,471 | -46.8% |
| Taxes, remuneration and social security | 45 | €7,175 | €4,211 | -€2,964 | -41.3% |
| Taxes | 450/3 | €7,175 | €4,211 | -€2,964 | -41.3% |
| Accrued charges and deferred income | 492/3 | - | €1,016 | +€1,016 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,395 | €1,069 | -€1,325 | -55.3% |
| Other operating charges | 640/8 | €1,212 | €569 | -€642 | -53.0% |
| Gross operating margin | 9900 | €6,416 | -€15,316 | -€21,733 | |
| Operating profit (loss) | 9901 | €2,810 | -€16,955 | -€19,765 | |
| Financial income | 75/76B | €1,728 | €18 | -€1,710 | -98.9% |
| Recurring financial income | 75 | €1,728 | €18 | -€1,710 | -98.9% |
| Financial charges | 65/66B | €1,612 | €1,793 | +€181 | +11.2% |
| Recurring financial charges | 65 | €1,612 | €1,793 | +€181 | +11.2% |
| Profit (loss) for the period before taxes | 9903 | €2,926 | -€18,730 | -€21,656 | |
| Income taxes | 67/77 | €827 | €180 | -€648 | -78.3% |
| Profit (loss) for the period | 9904 | €2,099 | -€18,909 | -€21,008 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,099 | -€18,909 | -€21,008 |
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 27 October 2026 via checked.be.