TAKEDOWN: 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.
TAKEDOWN
Largest movements
- Receivables within one year +€2,267
up €2,267 (+14.4%), from €15,717 to €17,984
of which Trade receivables: +€2,346
- Tax, wage and social debts +€1,627
up €1,627 (+42.6%), from €3,820 to €5,447
of which Remuneration and social security: +€2,700
- Short-term financial debts +€1,260
up €1,260 (+5.5%), from €22,801 to €24,061
- Profit (loss) carried forward -€600
down €600 (-3.4%), from -€17,393 to -€17,993
- Accrued charges and deferred income -€225
no longer reported in 2025 (was €225)
- Gross operating margin -€1,133
down €1,133 (-28.5%), from €3,970 to €2,837
- Financial charges -€324
down €324 (-8.8%), from €3,686 to €3,362
- Other operating charges -€58
down €58 (-43.6%), from €133 to €75
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 | €17,867 | €20,086 | +€2,219 | +12.4% |
| Fixed assets | 21/28 | €292 | €292 | = | 0.0% |
| Financial fixed assets | 28 | €292 | €292 | = | 0.0% |
| Current assets | 29/58 | €17,575 | €19,794 | +€2,219 | +12.6% |
| Amounts receivable within one year | 40/41 | €15,717 | €17,984 | +€2,267 | +14.4% |
| Trade receivables | 40 | €1,797 | €4,143 | +€2,346 | +130.6% |
| Other amounts receivable | 41 | €13,920 | €13,841 | -€79 | -0.6% |
| Cash at bank and in hand | 54/58 | €1,582 | €1,452 | -€130 | -8.2% |
| Deferred charges and accrued income | 490/1 | €276 | €358 | +€82 | +29.7% |
| Total equity and liabilities | 10/49 | €17,867 | €20,086 | +€2,219 | +12.4% |
| Equity | 10/15 | -€11,193 | -€11,793 | -€600 | -5.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,393 | -€17,993 | -€600 | -3.4% |
| Amounts payable | 17/49 | €29,060 | €31,879 | +€2,819 | +9.7% |
| Amounts payable within one year | 42/48 | €28,835 | €31,879 | +€3,044 | +10.6% |
| Financial debts | 43 | €22,801 | €24,061 | +€1,260 | +5.5% |
| Credit institutions | 430/8 | €22,801 | €24,061 | +€1,260 | +5.5% |
| Trade debts | 44 | €2,214 | €2,371 | +€157 | +7.1% |
| Suppliers | 440/4 | €2,214 | €2,371 | +€157 | +7.1% |
| Taxes, remuneration and social security | 45 | €3,820 | €5,447 | +€1,627 | +42.6% |
| Taxes | 450/3 | €3,820 | €2,747 | -€1,073 | -28.1% |
| Remuneration and social security | 454/9 | - | €2,700 | +€2,700 | |
| Accrued charges and deferred income | 492/3 | €225 | - | -€225 | |
| Other operating charges | 640/8 | €133 | €75 | -€58 | -43.6% |
| Gross operating margin | 9900 | €3,970 | €2,837 | -€1,133 | -28.5% |
| Operating profit (loss) | 9901 | €3,837 | €2,762 | -€1,075 | -28.0% |
| Financial charges | 65/66B | €3,686 | €3,362 | -€324 | -8.8% |
| Recurring financial charges | 65 | €3,686 | €3,362 | -€324 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €151 | -€600 | -€751 | |
| Profit (loss) for the period | 9904 | €151 | -€600 | -€751 | |
| Profit (loss) for the period to be appropriated | 9905 | €151 | -€600 | -€751 |
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.