Sources Development: 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.
Sources Development
Largest movements
- Cash -€266,625
down €266,625 (-74.4%), from €358,585 to €91,960
mainly Receivables within one year (-€191,946) and Other debts (-€99,857)
- Receivables within one year +€191,946
up €191,946 (+43.6%), from €440,322 to €632,268
of which Other amounts receivable: +€191,946
- Other debts -€99,857
down €99,857 (-14.0%), from €713,699 to €613,842
- Trade debts +€95,162
up €95,162 (+196.9%), from €48,328 to €143,490
- Profit (loss) carried forward -€69,984
down €69,984 (-32.5%), from -€215,304 to -€285,288
- Purchases and services -€199,807
no longer reported in 2025 (was €199,807)
- Gross operating margin +€147,811
up €147,811 (+76.3%), from -€193,669 to -€45,858
- Other operating charges +€15,719
up €15,719 (+219.3%), from €7,167 to €22,886
- Turnover -€6,027
no longer reported in 2025 (was €6,027)
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 | €808,907 | €734,228 | -€74,679 | -9.2% |
| Current assets | 29/58 | €808,907 | €734,228 | -€74,679 | -9.2% |
| Stocks and contracts in progress | 3 | €10,000 | €10,000 | = | 0.0% |
| Stocks | 30/36 | €10,000 | €10,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €440,322 | €632,268 | +€191,946 | +43.6% |
| Trade receivables | 40 | €10,000 | €10,000 | = | 0.0% |
| Other amounts receivable | 41 | €430,322 | €622,268 | +€191,946 | +44.6% |
| Cash at bank and in hand | 54/58 | €358,585 | €91,960 | -€266,625 | -74.4% |
| Total equity and liabilities | 10/49 | €808,907 | €734,228 | -€74,679 | -9.2% |
| Equity | 10/15 | €34,696 | -€35,288 | -€69,984 | |
| Contributions | 10/11 | €215,000 | €215,000 | = | 0.0% |
| Reserves | 13 | €35,000 | €35,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €35,000 | €35,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€215,304 | -€285,288 | -€69,984 | -32.5% |
| Amounts payable | 17/49 | €774,211 | €769,516 | -€4,695 | -0.6% |
| Amounts payable within one year | 42/48 | €774,211 | €769,516 | -€4,695 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €200 | €200 | = | 0.0% |
| Trade debts | 44 | €48,328 | €143,490 | +€95,162 | +196.9% |
| Suppliers | 440/4 | €48,328 | €143,490 | +€95,162 | +196.9% |
| Taxes, remuneration and social security | 45 | €11,984 | €11,984 | = | 0.0% |
| Taxes | 450/3 | €11,984 | €11,984 | = | 0.0% |
| Other amounts payable | 47/48 | €713,699 | €613,842 | -€99,857 | -14.0% |
| Turnover | 70 | €6,027 | - | -€6,027 | |
| Non-recurring operating income | 76A | - | €50,665 | +€50,665 | |
| Goods, raw materials, services and sundry goods | 60/61 | €199,807 | - | -€199,807 | |
| Other operating charges | 640/8 | €7,167 | €22,886 | +€15,719 | +219.3% |
| Gross operating margin | 9900 | -€193,669 | -€45,858 | +€147,811 | +76.3% |
| Operating profit (loss) | 9901 | -€200,836 | -€68,743 | +€132,092 | +65.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,823 | €1,241 | -€582 | -31.9% |
| Recurring financial charges | 65 | €1,823 | €1,241 | -€582 | -31.9% |
| Profit (loss) for the period before taxes | 9903 | -€202,659 | -€69,984 | +€132,675 | +65.5% |
| Profit (loss) for the period | 9904 | -€202,659 | -€69,984 | +€132,675 | +65.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€202,659 | -€69,984 | +€132,675 | +65.5% |
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 30 September 2026 via checked.be.