SUSTAINABLE PROGRAMS: 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.
SUSTAINABLE PROGRAMS
Largest movements
- Cash -€35,616
down €35,616 (-47.8%), from €74,518 to €38,902
mainly Net result for the year (-€27,135) and Other debts (-€16,459)
- Tangible fixed assets -€10,330
down €10,330 (-30.3%), from €34,113 to €23,782
of which Furniture and vehicles: -€9,594
- Receivables within one year +€1,900
up €1,900 (+61.1%), from €3,111 to €5,011
- Profit (loss) carried forward -€27,135
down €27,135 (-33.5%), from €80,911 to €53,776
- Other debts -€16,459
down €16,459 (-59.7%), from €27,568 to €11,109
- Gross operating margin +€8,777
up €8,777 (+43.4%), from -€20,222 to -€11,445
- Financial charges +€3,977
up €3,977 (+3508.6%), from €113 to €4,090
of which Non-recurring financial charges: +€4,050
- Depreciation -€1,393
down €1,393 (-11.1%), from €12,493 to €11,101
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 | €111,741 | €67,695 | -€44,046 | -39.4% |
| Fixed assets | 21/28 | €34,113 | €23,782 | -€10,330 | -30.3% |
| Tangible fixed assets | 22/27 | €34,113 | €23,782 | -€10,330 | -30.3% |
| Land and buildings | 22 | €5,553 | €4,915 | -€638 | -11.5% |
| Plant, machinery and equipment | 23 | €221 | €122 | -€99 | -44.7% |
| Furniture and vehicles | 24 | €28,338 | €18,745 | -€9,594 | -33.9% |
| Current assets | 29/58 | €77,629 | €43,913 | -€33,715 | -43.4% |
| Amounts receivable within one year | 40/41 | €3,111 | €5,011 | +€1,900 | +61.1% |
| Other amounts receivable | 41 | €3,111 | €5,011 | +€1,900 | +61.1% |
| Cash at bank and in hand | 54/58 | €74,518 | €38,902 | -€35,616 | -47.8% |
| Total equity and liabilities | 10/49 | €111,741 | €67,695 | -€44,046 | -39.4% |
| Equity | 10/15 | €83,411 | €56,276 | -€27,135 | -32.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €80,911 | €53,776 | -€27,135 | -33.5% |
| Amounts payable | 17/49 | €28,330 | €11,419 | -€16,911 | -59.7% |
| Amounts payable within one year | 42/48 | €28,192 | €11,250 | -€16,942 | -60.1% |
| Trade debts | 44 | €476 | - | -€476 | |
| Suppliers | 440/4 | €476 | - | -€476 | |
| Taxes, remuneration and social security | 45 | €148 | €141 | -€7 | -4.9% |
| Taxes | 450/3 | €148 | €141 | -€7 | -4.9% |
| Other amounts payable | 47/48 | €27,568 | €11,109 | -€16,459 | -59.7% |
| Accrued charges and deferred income | 492/3 | €138 | €169 | +€32 | +22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,493 | €11,101 | -€1,393 | -11.1% |
| Other operating charges | 640/8 | €239 | €359 | +€119 | +49.8% |
| Gross operating margin | 9900 | -€20,222 | -€11,445 | +€8,777 | +43.4% |
| Operating profit (loss) | 9901 | -€32,955 | -€22,904 | +€10,050 | +30.5% |
| Financial income | 75/76B | €27 | - | -€27 | |
| Recurring financial income | 75 | €27 | - | -€27 | |
| Financial charges | 65/66B | €113 | €4,090 | +€3,977 | +3508.6% |
| Recurring financial charges | 65 | €113 | €40 | -€73 | -64.4% |
| Non-recurring financial charges | 66B | - | €4,050 | +€4,050 | |
| Profit (loss) for the period before taxes | 9903 | -€33,041 | -€26,994 | +€6,047 | +18.3% |
| Income taxes | 67/77 | €148 | €141 | -€7 | -4.9% |
| Profit (loss) for the period | 9904 | -€33,189 | -€27,135 | +€6,054 | +18.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,189 | -€27,135 | +€6,054 | +18.2% |
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 8 October 2026 via checked.be.