Stronger Together: 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.
Stronger Together
Largest movements
- Cash -€11,837
down €11,837 (-34.6%), from €34,211 to €22,374
mainly Net result for the year (-€11,032) and Investment in fixed assets (net) (-€8,110)
- Receivables within one year -€10,122
down €10,122 (-52.5%), from €19,281 to €9,159
- Tangible fixed assets +€7,567
up €7,567 (+54.3%), from €13,939 to €21,506
of which Furniture and vehicles: +€4,451
- Deferred charges and accrued income +€878
up €878 (+12.4%), from €7,060 to €7,938
- Profit (loss) carried forward -€11,032
down €11,032 (-44.9%), from -€24,591 to -€35,623
- Tax, wage and social debts -€3,023
down €3,023 (-62.5%), from €4,835 to €1,812
- Gross operating margin -€22,010
down €22,010, from €13,064 to -€8,947
- Depreciation -€834
down €834 (-60.6%), from €1,377 to €543
- Other operating charges +€478
up €478 (+49.8%), from €959 to €1,437
- Taxes -€460
down €460, from €451 to -€9
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 | €74,491 | €60,977 | -€13,514 | -18.1% |
| Fixed assets | 21/28 | €13,939 | €21,506 | +€7,567 | +54.3% |
| Tangible fixed assets | 22/27 | €13,939 | €21,506 | +€7,567 | +54.3% |
| Furniture and vehicles | 24 | €7,329 | €11,779 | +€4,451 | +60.7% |
| Other tangible fixed assets | 26 | €6,611 | €9,727 | +€3,116 | +47.1% |
| Current assets | 29/58 | €60,552 | €39,471 | -€21,081 | -34.8% |
| Amounts receivable within one year | 40/41 | €19,281 | €9,159 | -€10,122 | -52.5% |
| Trade receivables | 40 | €19,281 | €9,159 | -€10,122 | -52.5% |
| Cash at bank and in hand | 54/58 | €34,211 | €22,374 | -€11,837 | -34.6% |
| Deferred charges and accrued income | 490/1 | €7,060 | €7,938 | +€878 | +12.4% |
| Total equity and liabilities | 10/49 | €74,491 | €60,977 | -€13,514 | -18.1% |
| Equity | 10/15 | €68,831 | €57,799 | -€11,032 | -16.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | - | €18,600 | +€18,600 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €74,822 | €74,822 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €72,962 | €72,962 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,591 | -€35,623 | -€11,032 | -44.9% |
| Amounts payable | 17/49 | €5,660 | €3,178 | -€2,482 | -43.8% |
| Amounts payable within one year | 42/48 | €5,660 | €3,178 | -€2,482 | -43.8% |
| Trade debts | 44 | €385 | €282 | -€103 | -26.8% |
| Suppliers | 440/4 | €385 | €282 | -€103 | -26.8% |
| Taxes, remuneration and social security | 45 | €4,835 | €1,812 | -€3,023 | -62.5% |
| Taxes | 450/3 | €4,835 | €1,812 | -€3,023 | -62.5% |
| Other amounts payable | 47/48 | €441 | €1,085 | +€644 | +146% |
| Non-recurring operating income | 76A | - | €6,534 | +€6,534 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,377 | €543 | -€834 | -60.6% |
| Other operating charges | 640/8 | €959 | €1,437 | +€478 | +49.8% |
| Non-recurring operating charges | 66A | €1,500 | - | -€1,500 | |
| Gross operating margin | 9900 | €13,064 | -€8,947 | -€22,010 | |
| Operating profit (loss) | 9901 | €9,227 | -€10,926 | -€20,154 | |
| Financial charges | 65/66B | €74 | €115 | +€42 | +57.0% |
| Recurring financial charges | 65 | €74 | €115 | +€42 | +57.0% |
| Profit (loss) for the period before taxes | 9903 | €9,154 | -€11,042 | -€20,196 | |
| Income taxes | 67/77 | €451 | -€9 | -€460 | |
| Profit (loss) for the period | 9904 | €8,703 | -€11,032 | -€19,735 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,703 | -€11,032 | -€19,735 |
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.