talking Pictures: what changed
talking Pictures
Largest movements
- Cash -€29,435
down €29,435 (-46.1%), from €63,851 to €34,416
mainly Net result for the year (-€26,170) and Investment in fixed assets (net) (-€8,709)
- Tangible fixed assets -€14,534
down €14,534 (-40.8%), from €35,582 to €21,048
of which Furniture and vehicles: -€7,617
- Receivables within one year +€6,023
up €6,023 (+105%), from €5,753 to €11,776
of which Trade receivables: +€8,024
- Reserves -€26,170
down €26,170 (-41.1%), from €63,688 to €37,519
- Other debts -€8,238
down €8,238 (-30.8%), from €26,745 to €18,507
- Tax, wage and social debts -€5,604
down €5,604 (-55.9%), from €10,022 to €4,419
- Trade debts +€2,792
up €2,792 (+80.5%), from €3,468 to €6,260
- Gross operating margin -€43,253
down €43,253, from €41,191 to -€2,061
- Taxes -€3,670
down €3,670 (-96.3%), from €3,811 to €141
- Depreciation -€478
down €478 (-2.1%), from €23,273 to €22,795
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €106,923 | €69,704 | -€37,219 | -34.8% |
| Fixed assets | 21/28 | €35,582 | €21,496 | -€14,086 | -39.6% |
| Tangible fixed assets | 22/27 | €35,582 | €21,048 | -€14,534 | -40.8% |
| Plant, machinery and equipment | 23 | €25,806 | €18,889 | -€6,917 | -26.8% |
| Furniture and vehicles | 24 | €9,776 | €2,160 | -€7,617 | -77.9% |
| Financial fixed assets | 28 | - | €448 | +€448 | |
| Current assets | 29/58 | €71,341 | €48,208 | -€23,133 | -32.4% |
| Amounts receivable within one year | 40/41 | €5,753 | €11,776 | +€6,023 | +105% |
| Trade receivables | 40 | €3,753 | €11,776 | +€8,024 | +214% |
| Other amounts receivable | 41 | €2,001 | - | -€2,001 | |
| Cash at bank and in hand | 54/58 | €63,851 | €34,416 | -€29,435 | -46.1% |
| Deferred charges and accrued income | 490/1 | €1,736 | €2,015 | +€279 | +16.1% |
| Total equity and liabilities | 10/49 | €106,923 | €69,704 | -€37,219 | -34.8% |
| Equity | 10/15 | €66,688 | €40,519 | -€26,170 | -39.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €63,688 | €37,519 | -€26,170 | -41.1% |
| Distributable reserves | 133 | €63,688 | €37,519 | -€26,170 | -41.1% |
| Amounts payable | 17/49 | €40,235 | €29,185 | -€11,050 | -27.5% |
| Amounts payable within one year | 42/48 | €40,235 | €29,185 | -€11,050 | -27.5% |
| Trade debts | 44 | €3,468 | €6,260 | +€2,792 | +80.5% |
| Suppliers | 440/4 | €3,468 | €6,260 | +€2,792 | +80.5% |
| Taxes, remuneration and social security | 45 | €10,022 | €4,419 | -€5,604 | -55.9% |
| Taxes | 450/3 | €10,022 | €4,419 | -€5,604 | -55.9% |
| Other amounts payable | 47/48 | €26,745 | €18,507 | -€8,238 | -30.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,273 | €22,795 | -€478 | -2.1% |
| Other operating charges | 640/8 | €878 | €906 | +€28 | +3.2% |
| Gross operating margin | 9900 | €41,191 | -€2,061 | -€43,253 | |
| Operating profit (loss) | 9901 | €17,041 | -€25,763 | -€42,804 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +100% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +100% |
| Financial charges | 65/66B | €489 | €266 | -€223 | -45.6% |
| Recurring financial charges | 65 | €489 | €266 | -€223 | -45.6% |
| Profit (loss) for the period before taxes | 9903 | €16,552 | -€26,029 | -€42,580 | |
| Income taxes | 67/77 | €3,811 | €141 | -€3,670 | -96.3% |
| Profit (loss) for the period | 9904 | €12,740 | -€26,170 | -€38,910 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,740 | -€26,170 | -€38,910 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.