The Acquired: what changed
The Acquired
Largest movements
- Cash -€8,859
down €8,859 (-85.2%), from €10,402 to €1,543
mainly Accrued charges and deferred income (-€25,596) and Receivables within one year (-€8,699)
- Receivables within one year +€8,699
up €8,699 (+115%), from €7,585 to €16,284
of which Trade receivables: +€13,375
- Accrued charges and deferred income -€25,596
down €25,596 (-98.4%), from €26,000 to €404
- Trade debts +€20,222
up €20,222 (+40,927%), from €49 to €20,272
- Profit (loss) carried forward +€6,998
up €6,998 (+40.1%), from -€17,459 to -€10,460
- Other debts -€1,483
down €1,483 (-70.7%), from €2,097 to €614
- Tax, wage and social debts -€336
down €336 (-22.4%), from €1,500 to €1,164
of which Remuneration and social security: -€1,500
- Gross operating margin +€24,138
up €24,138, from -€16,271 to €7,867
- Depreciation -€469
down €469 (-93.0%), from €504 to €35
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 | €19,188 | €18,993 | -€195 | -1.0% |
| Fixed assets | 21/28 | €1,200 | €1,165 | -€35 | -2.9% |
| Tangible fixed assets | 22/27 | €765 | €730 | -€35 | -4.6% |
| Furniture and vehicles | 24 | €765 | €730 | -€35 | -4.6% |
| Financial fixed assets | 28 | €435 | €435 | = | 0.0% |
| Current assets | 29/58 | €17,988 | €17,828 | -€160 | -0.9% |
| Amounts receivable within one year | 40/41 | €7,585 | €16,284 | +€8,699 | +115% |
| Trade receivables | 40 | €2,904 | €16,279 | +€13,375 | +461% |
| Other amounts receivable | 41 | €4,681 | €6 | -€4,676 | -99.9% |
| Cash at bank and in hand | 54/58 | €10,402 | €1,543 | -€8,859 | -85.2% |
| Total equity and liabilities | 10/49 | €19,188 | €18,993 | -€195 | -1.0% |
| Equity | 10/15 | -€10,459 | -€3,460 | +€6,998 | +66.9% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,459 | -€10,460 | +€6,998 | +40.1% |
| Amounts payable | 17/49 | €29,647 | €22,453 | -€7,194 | -24.3% |
| Amounts payable within one year | 42/48 | €3,647 | €22,049 | +€18,403 | +505% |
| Trade debts | 44 | €49 | €20,272 | +€20,222 | +40,927% |
| Suppliers | 440/4 | €49 | €20,272 | +€20,222 | +40,927% |
| Taxes, remuneration and social security | 45 | €1,500 | €1,164 | -€336 | -22.4% |
| Taxes | 450/3 | - | €1,164 | +€1,164 | |
| Remuneration and social security | 454/9 | €1,500 | €0 | -€1,500 | -100% |
| Other amounts payable | 47/48 | €2,097 | €614 | -€1,483 | -70.7% |
| Accrued charges and deferred income | 492/3 | €26,000 | €404 | -€25,596 | -98.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €504 | €35 | -€469 | -93.0% |
| Other operating charges | 640/8 | €535 | €617 | +€82 | +15.3% |
| Gross operating margin | 9900 | -€16,271 | €7,867 | +€24,138 | |
| Operating profit (loss) | 9901 | -€17,310 | €7,215 | +€24,525 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €149 | €217 | +€68 | +45.5% |
| Recurring financial charges | 65 | €149 | €217 | +€68 | +45.5% |
| Profit (loss) for the period before taxes | 9903 | -€17,459 | €6,998 | +€24,457 | |
| Profit (loss) for the period | 9904 | -€17,459 | €6,998 | +€24,457 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,459 | €6,998 | +€24,457 |
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 2 November 2026 via checked.be.