T91: 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.
T91
Largest movements
- Cash +€7,669
up €7,669 (+48.4%), from €15,860 to €23,528
mainly Receivables within one year (+€4,710) and Net result for the year (+€1,694)
- Receivables within one year -€4,710
no longer reported in 2025 (was €4,710)
- Profit (loss) carried forward +€1,694
up €1,694 (+9.1%), from €18,548 to €20,242
- Tax, wage and social debts +€1,097
new in 2025: €1,097
- Other debts +€281
new in 2025: €281
- Trade debts -€264
down €264 (-59.5%), from €443 to €180
- Gross operating margin -€21,931
down €21,931 (-87.2%), from €25,150 to €3,219
- Taxes -€4,183
down €4,183 (-90.8%), from €4,607 to €424
- Depreciation -€756
down €756 (-83.5%), from €906 to €150
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 | €21,991 | €24,799 | +€2,808 | +12.8% |
| Fixed assets | 21/28 | €1,421 | €1,271 | -€150 | -10.5% |
| Tangible fixed assets | 22/27 | €1,421 | €1,271 | -€150 | -10.5% |
| Plant, machinery and equipment | 23 | €1,421 | €1,271 | -€150 | -10.5% |
| Current assets | 29/58 | €20,570 | €23,528 | +€2,958 | +14.4% |
| Amounts receivable within one year | 40/41 | €4,710 | - | -€4,710 | |
| Other amounts receivable | 41 | €4,710 | - | -€4,710 | |
| Cash at bank and in hand | 54/58 | €15,860 | €23,528 | +€7,669 | +48.4% |
| Total equity and liabilities | 10/49 | €21,991 | €24,799 | +€2,808 | +12.8% |
| Equity | 10/15 | €21,548 | €23,242 | +€1,694 | +7.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,548 | €20,242 | +€1,694 | +9.1% |
| Amounts payable | 17/49 | €443 | €1,557 | +€1,114 | +251.5% |
| Amounts payable within one year | 42/48 | €443 | €1,557 | +€1,114 | +251.5% |
| Trade debts | 44 | €443 | €180 | -€264 | -59.5% |
| Suppliers | 440/4 | €443 | €180 | -€264 | -59.5% |
| Taxes, remuneration and social security | 45 | - | €1,097 | +€1,097 | |
| Taxes | 450/3 | - | €1,097 | +€1,097 | |
| Other amounts payable | 47/48 | - | €281 | +€281 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €906 | €150 | -€756 | -83.5% |
| Other operating charges | 640/8 | €1,053 | €825 | -€228 | -21.7% |
| Gross operating margin | 9900 | €25,150 | €3,219 | -€21,931 | -87.2% |
| Operating profit (loss) | 9901 | €23,191 | €2,245 | -€20,947 | -90.3% |
| Financial charges | 65/66B | €36 | €127 | +€90 | +248.2% |
| Recurring financial charges | 65 | €36 | €127 | +€90 | +248.2% |
| Profit (loss) for the period before taxes | 9903 | €23,155 | €2,118 | -€21,037 | -90.9% |
| Income taxes | 67/77 | €4,607 | €424 | -€4,183 | -90.8% |
| Profit (loss) for the period | 9904 | €18,548 | €1,694 | -€16,854 | -90.9% |
| Profit (loss) for the period to be appropriated | 9905 | €18,548 | €1,694 | -€16,854 | -90.9% |
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.