SUBACCOUNT: what changed
Two fiscal 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.
SUBACCOUNT
Largest movements
- Receivables within one year +€31,797
up €31,797 (+22.6%), from €140,552 to €172,349
of which Other amounts receivable: +€37,646
- Cash -€27,092
down €27,092 (-98.5%), from €27,508 to €416
mainly Trade debts (-€38,223) and Receivables within one year (-€31,797)
- Tangible fixed assets -€2,451
down €2,451 (-27.6%), from €8,895 to €6,444
- Trade debts -€38,223
down €38,223 (-68.0%), from €56,202 to €17,979
- Tax, wage and social debts +€35,662
up €35,662 (+117.9%), from €30,256 to €65,918
of which Taxes: +€22,653
- Profit (loss) carried forward -€19,314
down €19,314 (-22.1%), from €87,217 to €67,902
- Short-term financial debts +€15,797
up €15,797 (+771.5%), from €2,048 to €17,845
- Other debts +€8,986
up €8,986 (+63013.6%), from €14 to €9,000
- Staff costs +€45,753
up €45,753 (+279.0%), from €16,397 to €62,150
- Gross operating margin +€23,806
up €23,806 (+60.6%), from €39,307 to €63,113
- Other operating charges -€4,070
down €4,070 (-74.4%), from €5,468 to €1,398
- Depreciation -€1,763
down €1,763 (-27.7%), from €6,354 to €4,592
- Financial charges +€1,026
up €1,026 (+301.6%), from €340 to €1,366
of which Financial charges: +€999
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.
Cash bridge derived
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 | €183,218 | €183,644 | +€426 | +0.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €15,158 | €10,880 | -€4,278 | -28.2% |
| Tangible fixed assets | 22/27 | €8,895 | €6,444 | -€2,451 | -27.6% |
| Furniture and vehicles | 24 | €8,895 | €6,444 | -€2,451 | -27.6% |
| Financial fixed assets | 28 | €6,263 | €4,436 | -€1,827 | -29.2% |
| Current assets | 29/58 | €168,060 | €172,764 | +€4,704 | +2.8% |
| Amounts receivable within one year | 40/41 | €140,552 | €172,349 | +€31,797 | +22.6% |
| Trade receivables | 40 | €49,566 | €43,717 | -€5,849 | -11.8% |
| Other amounts receivable | 41 | €90,986 | €128,632 | +€37,646 | +41.4% |
| Cash at bank and in hand | 54/58 | €27,508 | €416 | -€27,092 | -98.5% |
| Total equity and liabilities | 10/49 | €183,218 | €183,644 | +€426 | +0.2% |
| Equity | 10/15 | €92,217 | €72,902 | -€19,314 | -20.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €87,217 | €67,902 | -€19,314 | -22.1% |
| Amounts payable | 17/49 | €91,002 | €110,742 | +€19,740 | +21.7% |
| Amounts payable after more than one year | 17 | €1,210 | - | -€1,210 | |
| Financial debts | 170/4 | €1,210 | - | -€1,210 | |
| Amounts payable within one year | 42/48 | €89,791 | €110,742 | +€20,951 | +23.3% |
| Financial debts | 43 | €2,048 | €17,845 | +€15,797 | +771.5% |
| Credit institutions | 430/8 | €2,048 | €17,845 | +€15,797 | +771.5% |
| Trade debts | 44 | €56,202 | €17,979 | -€38,223 | -68.0% |
| Suppliers | 440/4 | €56,202 | €17,979 | -€38,223 | -68.0% |
| Advances received on contracts in progress | 46 | €1,272 | - | -€1,272 | |
| Taxes, remuneration and social security | 45 | €30,256 | €65,918 | +€35,662 | +117.9% |
| Taxes | 450/3 | €26,427 | €49,080 | +€22,653 | +85.7% |
| Remuneration and social security | 454/9 | €3,828 | €16,838 | +€13,010 | +339.8% |
| Other amounts payable | 47/48 | €14 | €9,000 | +€8,986 | +63013.6% |
| Non-recurring operating income | 76A | €6,016 | €8,974 | +€2,958 | +49.2% |
| Remuneration, social security and pensions | 62 | €16,397 | €62,150 | +€45,753 | +279.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,354 | €4,592 | -€1,763 | -27.7% |
| Other operating charges | 640/8 | €5,468 | €1,398 | -€4,070 | -74.4% |
| Gross operating margin | 9900 | €39,307 | €63,113 | +€23,806 | +60.6% |
| Operating profit (loss) | 9901 | €11,088 | -€5,027 | -€16,115 | |
| Financial income | 75/76B | €545 | €409 | -€136 | -25.0% |
| Recurring financial income | 75 | €0 | €409 | +€409 | +116762.9% |
| Non-recurring financial income | 76B | €545 | €409 | -€136 | -24.9% |
| Financial charges | 65/66B | €340 | €1,366 | +€1,026 | +301.6% |
| Recurring financial charges | 65 | €288 | €1,287 | +€999 | +346.9% |
| Non-recurring financial charges | 66B | €52 | €78 | +€26 | +50.6% |
| Profit (loss) for the period before taxes | 9903 | €11,293 | -€5,984 | -€17,277 | |
| Income taxes | 67/77 | €12,789 | €13,330 | +€542 | +4.2% |
| Profit (loss) for the period | 9904 | -€1,496 | -€19,314 | -€17,819 | -1191.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,496 | -€19,314 | -€17,819 | -1191.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.