SO 6: 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.
SO 6
Largest movements
- Receivables within one year +€7,688
up €7,688 (+6.9%), from €111,520 to €119,209
of which Trade receivables: +€7,763
- Other debts +€118,650
up €118,650 (+11.6%), from €1.0m to €1.1m
- Debts after one year -€69,753
no longer reported in 2025 (was €69,753)
- Current portion of long-term debt -€32,813
down €32,813 (-32.0%), from €102,566 to €69,753
- Profit (loss) carried forward -€10,287
down €10,287 (-0.9%), from -€1.1m to -€1.1m
- Trade debts +€3,216
up €3,216 (+10.9%), from €29,562 to €32,778
- Financial charges -€6,060
down €6,060 (-69.5%), from €8,714 to €2,654
- Staff costs -€5,267
no longer reported in 2025 (was €5,267)
- Other operating charges -€3,114
down €3,114 (-88.6%), from €3,513 to €400
- Gross operating margin -€72
down €72 (-1.0%), from -€7,161 to -€7,233
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 | €116,887 | €125,693 | +€8,806 | +7.5% |
| Current assets | 29/58 | €116,887 | €125,693 | +€8,806 | +7.5% |
| Amounts receivable within one year | 40/41 | €111,520 | €119,209 | +€7,688 | +6.9% |
| Trade receivables | 40 | €109,995 | €117,758 | +€7,763 | +7.1% |
| Other amounts receivable | 41 | €1,525 | €1,450 | -€75 | -4.9% |
| Cash at bank and in hand | 54/58 | €5,367 | €6,485 | +€1,118 | +20.8% |
| Total equity and liabilities | 10/49 | €116,887 | €125,693 | +€8,806 | +7.5% |
| Equity | 10/15 | -€1,109,797 | -€1,120,084 | -€10,287 | -0.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,115,997 | -€1,126,284 | -€10,287 | -0.9% |
| Amounts payable | 17/49 | €1,226,684 | €1,245,777 | +€19,093 | +1.6% |
| Amounts payable after more than one year | 17 | €69,753 | - | -€69,753 | |
| Financial debts | 170/4 | €69,753 | - | -€69,753 | |
| Amounts payable within one year | 42/48 | €1,156,932 | €1,245,777 | +€88,846 | +7.7% |
| Current portion of amounts payable after more than one year | 42 | €102,566 | €69,753 | -€32,813 | -32.0% |
| Trade debts | 44 | €29,562 | €32,778 | +€3,216 | +10.9% |
| Suppliers | 440/4 | €29,562 | €32,778 | +€3,216 | +10.9% |
| Taxes, remuneration and social security | 45 | €2,054 | €1,847 | -€207 | -10.1% |
| Taxes | 450/3 | €1,847 | €1,847 | = | 0.0% |
| Remuneration and social security | 454/9 | €207 | - | -€207 | |
| Other amounts payable | 47/48 | €1,022,750 | €1,141,400 | +€118,650 | +11.6% |
| Remuneration, social security and pensions | 62 | €5,267 | - | -€5,267 | |
| Other operating charges | 640/8 | €3,513 | €400 | -€3,114 | -88.6% |
| Gross operating margin | 9900 | -€7,161 | -€7,233 | -€72 | -1.0% |
| Operating profit (loss) | 9901 | -€15,941 | -€7,633 | +€8,309 | +52.1% |
| Financial charges | 65/66B | €8,714 | €2,654 | -€6,060 | -69.5% |
| Recurring financial charges | 65 | €8,714 | €2,654 | -€6,060 | -69.5% |
| Profit (loss) for the period before taxes | 9903 | -€24,655 | -€10,287 | +€14,368 | +58.3% |
| Profit (loss) for the period | 9904 | -€24,655 | -€10,287 | +€14,368 | +58.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,655 | -€10,287 | +€14,368 | +58.3% |
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 8 October 2026 via checked.be.