Slate: what changed
Two fiscal 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.
Slate
Largest movements
- Receivables within one year -€54,728
down €54,728 (-76.9%), from €71,132 to €16,404
of which Trade receivables: -€40,410
- Cash -€38,171
down €38,171 (-93.9%), from €40,642 to €2,471
mainly Contributions, distributions and other (-€86,623) and Trade debts (-€58,254)
- Tangible fixed assets -€6,400
down €6,400 (-92.3%), from €6,932 to €532
of which Furniture and vehicles: -€5,244
- Trade debts -€58,254
down €58,254 (-99.7%), from €58,451 to €197
- Other debts -€29,558
down €29,558 (-66.1%), from €44,748 to €15,191
- Tax, wage and social debts -€11,487
down €11,487 (-85.0%), from €13,506 to €2,019
of which Taxes: -€13,263
- Gross operating margin +€109,210
up €109,210 (+633.0%), from €17,254 to €126,464
- Provisions +€78,435
no longer reported in 2025 (was -€78,435)
- Taxes +€9,632
up €9,632 (+46.8%), from €20,595 to €30,226
- Financial charges +€7,523
up €7,523 (+2187.6%), from €344 to €7,867
of which Financial charges: +€7,279
- Depreciation -€4,766
down €4,766 (-80.5%), from €5,921 to €1,155
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 | €118,706 | €19,407 | -€99,299 | -83.7% |
| Fixed assets | 21/28 | €6,932 | €532 | -€6,400 | -92.3% |
| Tangible fixed assets | 22/27 | €6,932 | €532 | -€6,400 | -92.3% |
| Plant, machinery and equipment | 23 | €1,687 | €532 | -€1,155 | -68.5% |
| Furniture and vehicles | 24 | €5,244 | - | -€5,244 | |
| Current assets | 29/58 | €111,775 | €18,875 | -€92,899 | -83.1% |
| Amounts receivable within one year | 40/41 | €71,132 | €16,404 | -€54,728 | -76.9% |
| Trade receivables | 40 | €53,329 | €12,919 | -€40,410 | -75.8% |
| Other amounts receivable | 41 | €17,804 | €3,485 | -€14,318 | -80.4% |
| Cash at bank and in hand | 54/58 | €40,642 | €2,471 | -€38,171 | -93.9% |
| Total equity and liabilities | 10/49 | €118,706 | €19,407 | -€99,299 | -83.7% |
| Equity | 10/15 | €2,000 | €2,000 | = | 0.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Amounts payable | 17/49 | €116,706 | €17,407 | -€99,299 | -85.1% |
| Amounts payable within one year | 42/48 | €116,706 | €17,407 | -€99,299 | -85.1% |
| Trade debts | 44 | €58,451 | €197 | -€58,254 | -99.7% |
| Suppliers | 440/4 | €58,451 | €197 | -€58,254 | -99.7% |
| Taxes, remuneration and social security | 45 | €13,506 | €2,019 | -€11,487 | -85.0% |
| Taxes | 450/3 | €13,506 | €243 | -€13,263 | -98.2% |
| Remuneration and social security | 454/9 | - | €1,776 | +€1,776 | |
| Other amounts payable | 47/48 | €44,748 | €15,191 | -€29,558 | -66.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,921 | €1,155 | -€4,766 | -80.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€78,435 | - | +€78,435 | |
| Other operating charges | 640/8 | €1,104 | €593 | -€511 | -46.3% |
| Non-recurring operating charges | 66A | €10,600 | - | -€10,600 | |
| Gross operating margin | 9900 | €17,254 | €126,464 | +€109,210 | +633.0% |
| Operating profit (loss) | 9901 | €78,064 | €124,716 | +€46,651 | +59.8% |
| Financial income | 75/76B | €39 | - | -€39 | |
| Recurring financial income | 75 | €39 | - | -€39 | |
| Financial charges | 65/66B | €344 | €7,867 | +€7,523 | +2187.6% |
| Recurring financial charges | 65 | €344 | €7,622 | +€7,279 | +2116.5% |
| Non-recurring financial charges | 66B | - | €244 | +€244 | |
| Profit (loss) for the period before taxes | 9903 | €77,760 | €116,849 | +€39,089 | +50.3% |
| Income taxes | 67/77 | €20,595 | €30,226 | +€9,632 | +46.8% |
| Profit (loss) for the period | 9904 | €57,165 | €86,623 | +€29,458 | +51.5% |
| Profit (loss) for the period to be appropriated | 9905 | €57,165 | €86,623 | +€29,458 | +51.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.