Statistical Theory, Analytics, Robustness Consulting: 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.
Statistical Theory, Analytics, Robustness Consulting
Largest movements
- Receivables within one year +€23,078
up €23,078 (+1,188%), from €1,943 to €25,022
of which Trade receivables: +€24,190
- Tangible fixed assets -€14,143
down €14,143 (-27.3%), from €51,898 to €37,755
- Cash -€8,802
down €8,802 (-23.0%), from €38,230 to €29,428
mainly Receivables within one year (-€23,078) and Net result for the year (-€11,721)
- Reserves -€9,235
down €9,235 (-17.2%), from €53,735 to €44,500
of which Distributable reserves: -€9,015
- Trade debts +€3,993
up €3,993 (+1,456%), from €274 to €4,268
- Tax, wage and social debts +€3,860
up €3,860 (+543%), from €712 to €4,572
- Other debts +€2,632
up €2,632 (+120%), from €2,196 to €4,828
- Profit (loss) carried forward -€2,486
new in 2025: -€2,486
- Gross operating margin -€12,583
down €12,583 (-69.1%), from €18,214 to €5,631
- Depreciation +€9,468
up €9,468 (+202%), from €4,676 to €14,143
- Taxes -€3,025
down €3,025 (-94.2%), from €3,212 to €187
- Financial charges +€1,368
up €1,368 (+131%), from €1,047 to €2,415
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 | €92,922 | €93,055 | +€133 | +0.1% |
| Fixed assets | 21/28 | €52,748 | €38,605 | -€14,143 | -26.8% |
| Tangible fixed assets | 22/27 | €51,898 | €37,755 | -€14,143 | -27.3% |
| Furniture and vehicles | 24 | €51,898 | €37,755 | -€14,143 | -27.3% |
| Financial fixed assets | 28 | €850 | €850 | = | 0.0% |
| Current assets | 29/58 | €40,174 | €54,450 | +€14,276 | +35.5% |
| Amounts receivable within one year | 40/41 | €1,943 | €25,022 | +€23,078 | +1,188% |
| Trade receivables | 40 | €18 | €24,209 | +€24,190 | +131,684% |
| Other amounts receivable | 41 | €1,925 | €813 | -€1,112 | -57.8% |
| Cash at bank and in hand | 54/58 | €38,230 | €29,428 | -€8,802 | -23.0% |
| Total equity and liabilities | 10/49 | €92,922 | €93,055 | +€133 | +0.1% |
| Equity | 10/15 | €58,735 | €47,014 | -€11,721 | -20.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €53,735 | €44,500 | -€9,235 | -17.2% |
| Tax-exempt reserves | 132 | €220 | - | -€220 | |
| Distributable reserves | 133 | €53,515 | €44,500 | -€9,015 | -16.8% |
| Profit (loss) carried forward | 14 | - | -€2,486 | -€2,486 | |
| Amounts payable | 17/49 | €34,187 | €46,041 | +€11,854 | +34.7% |
| Amounts payable after more than one year | 17 | €30,000 | €30,000 | = | 0.0% |
| Financial debts | 170/4 | €30,000 | €30,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,182 | €13,668 | +€10,486 | +330% |
| Trade debts | 44 | €274 | €4,268 | +€3,993 | +1,456% |
| Suppliers | 440/4 | €274 | €4,268 | +€3,993 | +1,456% |
| Taxes, remuneration and social security | 45 | €712 | €4,572 | +€3,860 | +543% |
| Taxes | 450/3 | €712 | €4,572 | +€3,860 | +543% |
| Other amounts payable | 47/48 | €2,196 | €4,828 | +€2,632 | +120% |
| Accrued charges and deferred income | 492/3 | €1,005 | €2,373 | +€1,368 | +136% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,676 | €14,143 | +€9,468 | +202% |
| Other operating charges | 640/8 | €590 | €607 | +€17 | +2.9% |
| Gross operating margin | 9900 | €18,214 | €5,631 | -€12,583 | -69.1% |
| Operating profit (loss) | 9901 | €12,948 | -€9,120 | -€22,067 | |
| Financial charges | 65/66B | €1,047 | €2,415 | +€1,368 | +131% |
| Recurring financial charges | 65 | €1,047 | €2,415 | +€1,368 | +131% |
| Profit (loss) for the period before taxes | 9903 | €11,901 | -€11,534 | -€23,435 | |
| Income taxes | 67/77 | €3,212 | €187 | -€3,025 | -94.2% |
| Profit (loss) for the period | 9904 | €8,689 | -€11,721 | -€20,411 | |
| Transfer from tax-exempt reserves | 789 | - | €220 | +€220 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,689 | -€11,501 | -€20,190 |
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 20 October 2026 via checked.be.