SKIP THE LINE: 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.
SKIP THE LINE
Largest movements
- Current investments +€90,000
new in 2025: €90,000
- Cash -€77,530
down €77,530 (-91.9%), from €84,334 to €6,804
mainly Current investments (-€90,000) and Net result for the year (-€15,006)
- Receivables within one year -€24,821
down €24,821 (-44.5%), from €55,798 to €30,977
of which Trade receivables: -€25,082
- Profit (loss) carried forward -€15,006
down €15,006 (-68.4%), from €21,934 to €6,927
- Other debts +€6,467
up €6,467 (+8.0%), from €81,145 to €87,611
- Trade debts -€3,635
down €3,635 (-36.0%), from €10,083 to €6,449
- Gross operating margin -€12,011
down €12,011 (-358%), from -€3,353 to -€15,364
- Depreciation -€5,852
no longer reported in 2025 (was €5,852)
- Financial income +€870
up €870 (+634%), from €137 to €1,007
- Other operating charges -€798
down €798 (-62.1%), from €1,285 to €487
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 | €140,132 | €127,781 | -€12,351 | -8.8% |
| Current assets | 29/58 | €140,132 | €127,781 | -€12,351 | -8.8% |
| Amounts receivable within one year | 40/41 | €55,798 | €30,977 | -€24,821 | -44.5% |
| Trade receivables | 40 | €55,757 | €30,675 | -€25,082 | -45.0% |
| Other amounts receivable | 41 | €41 | €302 | +€261 | +634% |
| Current investments | 50/53 | - | €90,000 | +€90,000 | |
| Cash at bank and in hand | 54/58 | €84,334 | €6,804 | -€77,530 | -91.9% |
| Total equity and liabilities | 10/49 | €140,132 | €127,781 | -€12,351 | -8.8% |
| Equity | 10/15 | €48,532 | €33,526 | -€15,006 | -30.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €1,598 | €1,598 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,598 | €1,598 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,598 | €1,598 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,934 | €6,927 | -€15,006 | -68.4% |
| Amounts payable | 17/49 | €91,600 | €94,255 | +€2,655 | +2.9% |
| Amounts payable within one year | 42/48 | €91,600 | €94,255 | +€2,655 | +2.9% |
| Trade debts | 44 | €10,083 | €6,449 | -€3,635 | -36.0% |
| Suppliers | 440/4 | €10,083 | €6,449 | -€3,635 | -36.0% |
| Taxes, remuneration and social security | 45 | €372 | €195 | -€177 | -47.5% |
| Taxes | 450/3 | €372 | €195 | -€177 | -47.5% |
| Other amounts payable | 47/48 | €81,145 | €87,611 | +€6,467 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,852 | - | -€5,852 | |
| Other operating charges | 640/8 | €1,285 | €487 | -€798 | -62.1% |
| Gross operating margin | 9900 | -€3,353 | -€15,364 | -€12,011 | -358% |
| Operating profit (loss) | 9901 | -€10,490 | -€15,851 | -€5,361 | -51.1% |
| Financial income | 75/76B | €137 | €1,007 | +€870 | +634% |
| Recurring financial income | 75 | €137 | €1,007 | +€870 | +634% |
| Financial charges | 65/66B | €126 | €162 | +€36 | +28.8% |
| Recurring financial charges | 65 | €126 | €162 | +€36 | +28.8% |
| Profit (loss) for the period before taxes | 9903 | -€10,479 | -€15,006 | -€4,527 | -43.2% |
| Profit (loss) for the period | 9904 | -€10,479 | -€15,006 | -€4,527 | -43.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,479 | -€15,006 | -€4,527 | -43.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.