Sixty Two: 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.
Sixty Two
Largest movements
- Receivables within one year -€64,221
down €64,221 (-32.8%), from €195,701 to €131,480
of which Trade receivables: -€52,535
- Tangible fixed assets -€8,652
down €8,652 (-9.0%), from €95,949 to €87,296
of which Land and buildings: -€8,273
- Profit (loss) carried forward -€40,995
down €40,995, from €1,463 to -€39,532
- Tax, wage and social debts -€27,289
down €27,289 (-41.0%), from €66,535 to €39,246
of which Taxes: -€27,289
- Trade debts -€15,763
down €15,763 (-42.1%), from €37,402 to €21,639
- Advances received +€14,000
new in 2025: €14,000
- Gross operating margin -€44,820
down €44,820, from €22,069 to -€22,751
- Taxes -€6,115
down €6,115 (-99.7%), from €6,136 to €20
- Depreciation -€1,326
down €1,326 (-23.5%), from €5,652 to €4,326
- Financial charges +€636
up €636 (+108%), from €590 to €1,225
- Other operating charges -€505
down €505 (-26.1%), from €1,936 to €1,431
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €294,999 | €222,212 | -€72,786 | -24.7% |
| Fixed assets | 21/28 | €95,949 | €87,296 | -€8,652 | -9.0% |
| Tangible fixed assets | 22/27 | €95,949 | €87,296 | -€8,652 | -9.0% |
| Land and buildings | 22 | €94,537 | €86,264 | -€8,273 | -8.8% |
| Furniture and vehicles | 24 | €1,411 | €1,032 | -€379 | -26.9% |
| Current assets | 29/58 | €199,050 | €134,916 | -€64,134 | -32.2% |
| Amounts receivable within one year | 40/41 | €195,701 | €131,480 | -€64,221 | -32.8% |
| Trade receivables | 40 | €85,209 | €32,674 | -€52,535 | -61.7% |
| Other amounts receivable | 41 | €110,492 | €98,806 | -€11,686 | -10.6% |
| Cash at bank and in hand | 54/58 | €2,618 | €3,276 | +€658 | +25.1% |
| Deferred charges and accrued income | 490/1 | €730 | €160 | -€570 | -78.1% |
| Total equity and liabilities | 10/49 | €294,999 | €222,212 | -€72,786 | -24.7% |
| Equity | 10/15 | €189,951 | €147,096 | -€42,855 | -22.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €182,287 | €180,427 | -€1,860 | -1.0% |
| Distributable reserves | 133 | €182,287 | €180,427 | -€1,860 | -1.0% |
| Profit (loss) carried forward | 14 | €1,463 | -€39,532 | -€40,995 | |
| Amounts payable | 17/49 | €105,048 | €75,117 | -€29,931 | -28.5% |
| Amounts payable within one year | 42/48 | €105,048 | €74,885 | -€30,163 | -28.7% |
| Current portion of amounts payable after more than one year | 42 | €1,111 | - | -€1,111 | |
| Trade debts | 44 | €37,402 | €21,639 | -€15,763 | -42.1% |
| Suppliers | 440/4 | €37,402 | €21,639 | -€15,763 | -42.1% |
| Advances received on contracts in progress | 46 | - | €14,000 | +€14,000 | |
| Taxes, remuneration and social security | 45 | €66,535 | €39,246 | -€27,289 | -41.0% |
| Taxes | 450/3 | €63,535 | €36,246 | -€27,289 | -43.0% |
| Remuneration and social security | 454/9 | €3,000 | €3,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €232 | +€232 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,652 | €4,326 | -€1,326 | -23.5% |
| Other operating charges | 640/8 | €1,936 | €1,431 | -€505 | -26.1% |
| Gross operating margin | 9900 | €22,069 | -€22,751 | -€44,820 | |
| Operating profit (loss) | 9901 | €14,481 | -€28,509 | -€42,990 | |
| Financial income | 75/76B | €3,875 | €4,213 | +€338 | +8.7% |
| Recurring financial income | 75 | €3,875 | €4,213 | +€338 | +8.7% |
| Financial charges | 65/66B | €590 | €1,225 | +€636 | +108% |
| Recurring financial charges | 65 | €590 | €1,225 | +€636 | +108% |
| Profit (loss) for the period before taxes | 9903 | €17,766 | -€25,521 | -€43,287 | |
| Income taxes | 67/77 | €6,136 | €20 | -€6,115 | -99.7% |
| Profit (loss) for the period | 9904 | €11,630 | -€25,541 | -€37,172 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,630 | -€25,541 | -€37,172 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.