STORY DESIGN: 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.
STORY DESIGN
Largest movements
- Cash -€120,724
down €120,724 (-69.9%), from €172,730 to €52,006
mainly Other debts (-€110,606) and Contributions, distributions and other (-€48,394)
- Tangible fixed assets -€3,946
down €3,946 (-47.5%), from €8,306 to €4,360
of which Furniture and vehicles: -€4,411
- Receivables within one year +€3,776
up €3,776 (+147%), from €2,575 to €6,351
of which Trade receivables: +€5,733
- Other debts -€110,606
down €110,606 (-69.6%), from €159,000 to €48,394
- Tax, wage and social debts -€10,640
down €10,640 (-61.3%), from €17,357 to €6,717
of which Taxes: -€9,140
- Trade debts +€2,025
up €2,025, from €0 to €2,025
- Gross operating margin +€6,084
up €6,084 (+9.3%), from €65,186 to €71,269
- Taxes +€5,003
up €5,003 (+40.6%), from €12,326 to €17,329
- Depreciation -€2,648
down €2,648 (-34.2%), from €7,747 to €5,099
- Other operating charges +€1,010
up €1,010 (+89.1%), from €1,133 to €2,143
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 | €184,034 | €63,636 | -€120,397 | -65.4% |
| Fixed assets | 21/28 | €8,306 | €4,360 | -€3,946 | -47.5% |
| Tangible fixed assets | 22/27 | €8,306 | €4,360 | -€3,946 | -47.5% |
| Plant, machinery and equipment | 23 | €1,301 | €1,765 | +€465 | +35.7% |
| Furniture and vehicles | 24 | €7,005 | €2,595 | -€4,411 | -63.0% |
| Current assets | 29/58 | €175,728 | €59,276 | -€116,451 | -66.3% |
| Amounts receivable within one year | 40/41 | €2,575 | €6,351 | +€3,776 | +147% |
| Trade receivables | 40 | €463 | €6,195 | +€5,733 | +1,239% |
| Other amounts receivable | 41 | €2,112 | €155 | -€1,957 | -92.6% |
| Current investments | 50/53 | €402 | €402 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €172,730 | €52,006 | -€120,724 | -69.9% |
| Deferred charges and accrued income | 490/1 | €21 | €517 | +€497 | +2,407% |
| Total equity and liabilities | 10/49 | €184,034 | €63,636 | -€120,397 | -65.4% |
| Equity | 10/15 | €7,531 | €6,500 | -€1,031 | -13.7% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €1,031 | €0 | -€1,031 | -100% |
| Distributable reserves | 133 | €1,031 | €0 | -€1,031 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €176,503 | €57,136 | -€119,367 | -67.6% |
| Amounts payable within one year | 42/48 | €176,503 | €57,136 | -€119,367 | -67.6% |
| Financial debts | 43 | €146 | €0 | -€146 | -100% |
| Credit institutions | 430/8 | €146 | €0 | -€146 | -100% |
| Trade debts | 44 | €0 | €2,025 | +€2,025 | |
| Suppliers | 440/4 | €0 | €2,025 | +€2,025 | |
| Taxes, remuneration and social security | 45 | €17,357 | €6,717 | -€10,640 | -61.3% |
| Taxes | 450/3 | €15,857 | €6,717 | -€9,140 | -57.6% |
| Remuneration and social security | 454/9 | €1,500 | €0 | -€1,500 | -100% |
| Other amounts payable | 47/48 | €159,000 | €48,394 | -€110,606 | -69.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,747 | €5,099 | -€2,648 | -34.2% |
| Other operating charges | 640/8 | €1,133 | €2,143 | +€1,010 | +89.1% |
| Gross operating margin | 9900 | €65,186 | €71,269 | +€6,084 | +9.3% |
| Operating profit (loss) | 9901 | €56,306 | €64,028 | +€7,723 | +13.7% |
| Financial income | 75/76B | €1,370 | €851 | -€520 | -37.9% |
| Recurring financial income | 75 | €1,370 | €851 | -€520 | -37.9% |
| Financial charges | 65/66B | €134 | €186 | +€52 | +39.0% |
| Recurring financial charges | 65 | €134 | €186 | +€52 | +39.0% |
| Profit (loss) for the period before taxes | 9903 | €57,542 | €64,693 | +€7,151 | +12.4% |
| Income taxes | 67/77 | €12,326 | €17,329 | +€5,003 | +40.6% |
| Profit (loss) for the period | 9904 | €45,217 | €47,364 | +€2,147 | +4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €45,217 | €47,364 | +€2,147 | +4.7% |
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 18 October 2026 via checked.be.