Stock Box: 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.
Stock Box
Largest movements
- Tangible fixed assets -€41,208
down €41,208 (-16.7%), from €247,362 to €206,154
of which Land and buildings: -€37,586
- Cash +€19,870
up €19,870 (+749%), from €2,654 to €22,523
mainly Other debts (+€237,366) and Depreciation (+€41,866)
- Receivables within one year +€16,756
up €16,756 (+88.2%), from €18,999 to €35,756
of which Trade receivables: +€17,021
- Deferred charges and accrued income +€3,824
up €3,824, from €0 to €3,824
- Other debts +€237,366
up €237,366 (+253%), from €93,743 to €331,109
- Trade debts -€203,025
down €203,025 (-100%), from €203,025 to €0
- Debts after one year -€54,331
down €54,331 (-42.7%), from €127,142 to €72,810
- Accrued charges and deferred income +€35,698
new in 2025: €35,698
- Profit (loss) carried forward -€29,096
down €29,096 (-9.6%), from -€302,960 to -€332,056
- Gross operating margin +€28,436
up €28,436, from -€3,819 to €24,617
- Financial charges +€6,125
up €6,125 (+145%), from €4,234 to €10,360
- Depreciation -€4,857
down €4,857 (-10.4%), from €46,723 to €41,866
- Financial income +€3,223
up €3,223, from €0 to €3,223
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 | €269,674 | €268,257 | -€1,417 | -0.5% |
| Fixed assets | 21/28 | €248,021 | €206,154 | -€41,866 | -16.9% |
| Intangible fixed assets | 21 | €659 | €0 | -€659 | -100% |
| Tangible fixed assets | 22/27 | €247,362 | €206,154 | -€41,208 | -16.7% |
| Land and buildings | 22 | €240,426 | €202,840 | -€37,586 | -15.6% |
| Plant, machinery and equipment | 23 | €5,073 | €2,772 | -€2,301 | -45.4% |
| Furniture and vehicles | 24 | €1,863 | €543 | -€1,320 | -70.9% |
| Current assets | 29/58 | €21,653 | €62,103 | +€40,450 | +187% |
| Amounts receivable within one year | 40/41 | €18,999 | €35,756 | +€16,756 | +88.2% |
| Trade receivables | 40 | €18,735 | €35,756 | +€17,021 | +90.9% |
| Other amounts receivable | 41 | €265 | €0 | -€265 | -100% |
| Cash at bank and in hand | 54/58 | €2,654 | €22,523 | +€19,870 | +749% |
| Deferred charges and accrued income | 490/1 | €0 | €3,824 | +€3,824 | |
| Total equity and liabilities | 10/49 | €269,674 | €268,257 | -€1,417 | -0.5% |
| Equity | 10/15 | -€202,960 | -€232,056 | -€29,096 | -14.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€302,960 | -€332,056 | -€29,096 | -9.6% |
| Amounts payable | 17/49 | €472,634 | €500,313 | +€27,679 | +5.9% |
| Amounts payable after more than one year | 17 | €127,142 | €72,810 | -€54,331 | -42.7% |
| Financial debts | 170/4 | €127,142 | €72,810 | -€54,331 | -42.7% |
| Amounts payable within one year | 42/48 | €345,492 | €391,805 | +€46,313 | +13.4% |
| Current portion of amounts payable after more than one year | 42 | €45,237 | €50,193 | +€4,956 | +11.0% |
| Trade debts | 44 | €203,025 | €0 | -€203,025 | -100% |
| Suppliers | 440/4 | €203,025 | €0 | -€203,025 | -100% |
| Taxes, remuneration and social security | 45 | €3,488 | €10,503 | +€7,016 | +201% |
| Taxes | 450/3 | €3,488 | €10,503 | +€7,016 | +201% |
| Other amounts payable | 47/48 | €93,743 | €331,109 | +€237,366 | +253% |
| Accrued charges and deferred income | 492/3 | - | €35,698 | +€35,698 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,723 | €41,866 | -€4,857 | -10.4% |
| Other operating charges | 640/8 | €890 | €912 | +€21 | +2.4% |
| Gross operating margin | 9900 | -€3,819 | €24,617 | +€28,436 | |
| Operating profit (loss) | 9901 | -€51,432 | -€18,161 | +€33,272 | +64.7% |
| Financial income | 75/76B | €0 | €3,223 | +€3,223 | |
| Recurring financial income | 75 | €0 | €3,223 | +€3,223 | |
| Financial charges | 65/66B | €4,234 | €10,360 | +€6,125 | +145% |
| Recurring financial charges | 65 | €4,234 | €10,360 | +€6,125 | +145% |
| Profit (loss) for the period before taxes | 9903 | -€55,667 | -€25,298 | +€30,369 | +54.6% |
| Profit (loss) for the period | 9904 | -€55,667 | -€25,298 | +€30,369 | +54.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€55,667 | -€25,298 | +€30,369 | +54.6% |
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 13 October 2026 via checked.be.