START TO CONTROL: 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.
START TO CONTROL
Largest movements
- Cash -€7,872
down €7,872 (-80.8%), from €9,742 to €1,870
mainly Trade debts (-€11,313) and Net result for the year (-€6,152)
- Receivables within one year -€4,367
down €4,367 (-10.1%), from €43,114 to €38,747
of which Trade receivables: -€3,196
- Trade debts -€11,313
down €11,313 (-43.0%), from €26,285 to €14,972
- Profit (loss) carried forward -€6,152
down €6,152 (-7.1%), from -€86,688 to -€92,840
- Other debts +€3,039
up €3,039 (+3.3%), from €93,128 to €96,167
- Tax, wage and social debts +€1,069
up €1,069, from €0 to €1,069
- Gross operating margin +€63,490
up €63,490 (+92.2%), from -€68,867 to -€5,377
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 | €86,533 | €73,293 | -€13,240 | -15.3% |
| Fixed assets | 21/28 | €4,713 | €4,713 | = | 0.0% |
| Financial fixed assets | 28 | €4,713 | €4,713 | = | 0.0% |
| Current assets | 29/58 | €81,821 | €68,581 | -€13,240 | -16.2% |
| Stocks and contracts in progress | 3 | €28,397 | €27,963 | -€434 | -1.5% |
| Stocks | 30/36 | €28,397 | €27,963 | -€434 | -1.5% |
| Amounts receivable within one year | 40/41 | €43,114 | €38,747 | -€4,367 | -10.1% |
| Trade receivables | 40 | €34,287 | €31,091 | -€3,196 | -9.3% |
| Other amounts receivable | 41 | €8,827 | €7,656 | -€1,171 | -13.3% |
| Cash at bank and in hand | 54/58 | €9,742 | €1,870 | -€7,872 | -80.8% |
| Deferred charges and accrued income | 490/1 | €567 | €0 | -€567 | -100% |
| Total equity and liabilities | 10/49 | €86,533 | €73,293 | -€13,240 | -15.3% |
| Equity | 10/15 | -€33,006 | -€39,159 | -€6,152 | -18.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €35,090 | €35,090 | = | 0.0% |
| Distributable reserves | 133 | €35,090 | €35,090 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€86,688 | -€92,840 | -€6,152 | -7.1% |
| Amounts payable | 17/49 | €119,539 | €112,452 | -€7,088 | -5.9% |
| Amounts payable within one year | 42/48 | €119,413 | €112,208 | -€7,206 | -6.0% |
| Trade debts | 44 | €26,285 | €14,972 | -€11,313 | -43.0% |
| Suppliers | 440/4 | €26,285 | €14,972 | -€11,313 | -43.0% |
| Taxes, remuneration and social security | 45 | €0 | €1,069 | +€1,069 | |
| Taxes | 450/3 | €0 | €1,069 | +€1,069 | |
| Other amounts payable | 47/48 | €93,128 | €96,167 | +€3,039 | +3.3% |
| Accrued charges and deferred income | 492/3 | €126 | €244 | +€118 | +93.7% |
| Other operating charges | 640/8 | €624 | €644 | +€19 | +3.1% |
| Gross operating margin | 9900 | -€68,867 | -€5,377 | +€63,490 | +92.2% |
| Operating profit (loss) | 9901 | -€69,491 | -€6,021 | +€63,470 | +91.3% |
| Financial income | 75/76B | €11 | €0 | -€11 | -95.6% |
| Recurring financial income | 75 | €11 | €0 | -€11 | -95.6% |
| Financial charges | 65/66B | €131 | €132 | +€1 | +0.7% |
| Recurring financial charges | 65 | €131 | €132 | +€1 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | -€69,611 | -€6,152 | +€63,459 | +91.2% |
| Profit (loss) for the period | 9904 | -€69,611 | -€6,152 | +€63,459 | +91.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€69,611 | -€6,152 | +€63,459 | +91.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.