Table Seven: 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.
Table Seven
Largest movements
- Receivables within one year -€15,653
down €15,653 (-20.2%), from €77,359 to €61,706
- Tangible fixed assets -€2,116
down €2,116 (-44.1%), from €4,799 to €2,683
of which Land and buildings: -€1,157
- Trade debts -€20,132
down €20,132 (-44.7%), from €45,055 to €24,924
- Profit (loss) carried forward +€1,537
no longer reported in 2025 (was -€1,537)
- Other debts +€898
up €898 (+34.1%), from €2,630 to €3,528
- Gross operating margin +€7,157
up €7,157 (+184.3%), from €3,883 to €11,040
- Other operating charges +€1,810
up €1,810 (+136.1%), from €1,330 to €3,140
- Taxes +€1,362
up €1,362 (+140.9%), from €966 to €2,328
- Financial charges +€714
up €714 (+132.7%), from €539 to €1,253
- Depreciation -€471
down €471 (-18.2%), from €2,586 to €2,116
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 | €82,293 | €64,616 | -€17,677 | -21.5% |
| Fixed assets | 21/28 | €4,799 | €2,683 | -€2,116 | -44.1% |
| Tangible fixed assets | 22/27 | €4,799 | €2,683 | -€2,116 | -44.1% |
| Land and buildings | 22 | €3,815 | €2,659 | -€1,157 | -30.3% |
| Furniture and vehicles | 24 | €984 | €25 | -€959 | -97.5% |
| Current assets | 29/58 | €77,494 | €61,933 | -€15,561 | -20.1% |
| Amounts receivable within one year | 40/41 | €77,359 | €61,706 | -€15,653 | -20.2% |
| Trade receivables | 40 | €77,359 | €61,706 | -€15,653 | -20.2% |
| Cash at bank and in hand | 54/58 | €135 | €226 | +€91 | +67.5% |
| Total equity and liabilities | 10/49 | €82,293 | €64,616 | -€17,677 | -21.5% |
| Equity | 10/15 | €16,786 | €18,989 | +€2,203 | +13.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €8,324 | €8,989 | +€665 | +8.0% |
| Distributable reserves | 133 | €8,324 | €8,989 | +€665 | +8.0% |
| Profit (loss) carried forward | 14 | -€1,537 | - | +€1,537 | |
| Amounts payable | 17/49 | €65,507 | €45,627 | -€19,880 | -30.3% |
| Amounts payable within one year | 42/48 | €65,507 | €45,627 | -€19,880 | -30.3% |
| Trade debts | 44 | €45,055 | €24,924 | -€20,132 | -44.7% |
| Suppliers | 440/4 | €45,055 | €24,924 | -€20,132 | -44.7% |
| Taxes, remuneration and social security | 45 | €17,822 | €17,176 | -€646 | -3.6% |
| Taxes | 450/3 | €14,822 | €13,926 | -€896 | -6.0% |
| Remuneration and social security | 454/9 | €3,000 | €3,250 | +€250 | +8.3% |
| Other amounts payable | 47/48 | €2,630 | €3,528 | +€898 | +34.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,586 | €2,116 | -€471 | -18.2% |
| Other operating charges | 640/8 | €1,330 | €3,140 | +€1,810 | +136.1% |
| Gross operating margin | 9900 | €3,883 | €11,040 | +€7,157 | +184.3% |
| Operating profit (loss) | 9901 | -€33 | €5,784 | +€5,817 | |
| Financial income | 75/76B | €1 | €0 | -€0 | -98.0% |
| Recurring financial income | 75 | €1 | €0 | -€0 | -98.0% |
| Financial charges | 65/66B | €539 | €1,253 | +€714 | +132.7% |
| Recurring financial charges | 65 | €539 | €1,253 | +€714 | +132.7% |
| Profit (loss) for the period before taxes | 9903 | -€571 | €4,531 | +€5,102 | |
| Income taxes | 67/77 | €966 | €2,328 | +€1,362 | +140.9% |
| Profit (loss) for the period | 9904 | -€1,537 | €2,203 | +€3,740 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,537 | €2,203 | +€3,740 |
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 12 October 2026 via checked.be.