SYNONYM: 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.
SYNONYM
Largest movements
- Tangible fixed assets -€1,683
down €1,683 (-1.4%), from €117,456 to €115,773
- Cash -€1,462
down €1,462 (-67.7%), from €2,159 to €697
- Trade debts -€13,493
down €13,493 (-97.8%), from €13,792 to €299
- Other debts +€10,860
up €10,860 (+4.9%), from €223,282 to €234,141
- Tax, wage and social debts -€2,265
no longer reported in 2025 (was €2,265)
- Profit (loss) carried forward +€2,044
up €2,044 (+1.5%), from -€140,899 to -€138,854
- Gross operating margin +€9,588
up €9,588, from -€5,033 to €4,554
- Financial income +€2,235
up €2,235 (+7619.0%), from €29 to €2,265
- Other operating charges +€146
up €146 (+9.4%), from €1,544 to €1,690
- Financial charges -€55
down €55 (-47.8%), from €115 to €60
From the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €120,440 | €117,586 | -€2,854 | -2.4% |
| Fixed assets | 21/28 | €117,456 | €115,773 | -€1,683 | -1.4% |
| Tangible fixed assets | 22/27 | €117,456 | €115,773 | -€1,683 | -1.4% |
| Land and buildings | 22 | €117,456 | €115,773 | -€1,683 | -1.4% |
| Current assets | 29/58 | €2,984 | €1,813 | -€1,171 | -39.2% |
| Amounts receivable within one year | 40/41 | €825 | €1,116 | +€291 | +35.3% |
| Trade receivables | 40 | €484 | €1,116 | +€632 | +130.6% |
| Other amounts receivable | 41 | €341 | - | -€341 | |
| Cash at bank and in hand | 54/58 | €2,159 | €697 | -€1,462 | -67.7% |
| Total equity and liabilities | 10/49 | €120,440 | €117,586 | -€2,854 | -2.4% |
| Equity | 10/15 | -€118,899 | -€116,854 | +€2,044 | +1.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€140,899 | -€138,854 | +€2,044 | +1.5% |
| Amounts payable | 17/49 | €239,339 | €234,440 | -€4,899 | -2.0% |
| Amounts payable within one year | 42/48 | €239,339 | €234,440 | -€4,899 | -2.0% |
| Trade debts | 44 | €13,792 | €299 | -€13,493 | -97.8% |
| Suppliers | 440/4 | €13,792 | €299 | -€13,493 | -97.8% |
| Taxes, remuneration and social security | 45 | €2,265 | - | -€2,265 | |
| Taxes | 450/3 | €2,265 | - | -€2,265 | |
| Other amounts payable | 47/48 | €223,282 | €234,141 | +€10,860 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €867 | €842 | -€25 | -2.9% |
| Other operating charges | 640/8 | €1,544 | €1,690 | +€146 | +9.4% |
| Gross operating margin | 9900 | -€5,033 | €4,554 | +€9,588 | |
| Operating profit (loss) | 9901 | -€7,444 | €2,022 | +€9,467 | |
| Financial income | 75/76B | €29 | €2,265 | +€2,235 | +7619.0% |
| Recurring financial income | 75 | €29 | €2,265 | +€2,235 | +7619.0% |
| Financial charges | 65/66B | €115 | €60 | -€55 | -47.8% |
| Recurring financial charges | 65 | €115 | €60 | -€55 | -47.8% |
| Profit (loss) for the period before taxes | 9903 | -€7,530 | €4,227 | +€11,757 | |
| Profit (loss) for the period | 9904 | -€7,530 | €4,227 | +€11,757 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,530 | €4,227 | +€11,757 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.