The BBQ: 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.
The BBQ
Largest movements
- Cash -€13,588
down €13,588 (-60.9%), from €22,301 to €8,713
mainly Deferred charges and accrued income (-€13,011) and Tax, wage and social debts (-€12,045)
- Deferred charges and accrued income +€13,011
up €13,011 (+5536.1%), from €235 to €13,246
- Tangible fixed assets -€8,309
down €8,309 (-23.8%), from €34,957 to €26,648
of which Plant, machinery and equipment: -€5,761
- Stocks and contracts +€1,500
up €1,500 (+42.9%), from €3,500 to €5,000
- Tax, wage and social debts -€12,045
down €12,045 (-54.0%), from €22,294 to €10,249
of which Taxes: -€7,093
- Current portion of long-term debt -€8,388
down €8,388 (-85.6%), from €9,800 to €1,412
- Profit (loss) carried forward +€7,956
up €7,956 (+48.7%), from -€16,321 to -€8,364
- Trade debts +€5,499
up €5,499 (+19.5%), from €28,203 to €33,701
- Debts after one year -€1,412
down €1,412 (-11.8%), from €11,924 to €10,512
- Staff costs -€22,532
down €22,532 (-27.0%), from €83,368 to €60,836
- Gross operating margin -€15,813
down €15,813 (-15.2%), from €104,019 to €88,206
- Other operating charges +€5,824
up €5,824 (+121.4%), from €4,796 to €10,619
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 | €72,290 | €65,098 | -€7,192 | -9.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €45,469 | €37,160 | -€8,309 | -18.3% |
| Tangible fixed assets | 22/27 | €34,957 | €26,648 | -€8,309 | -23.8% |
| Land and buildings | 22 | €1,660 | €668 | -€992 | -59.7% |
| Plant, machinery and equipment | 23 | €31,741 | €25,980 | -€5,761 | -18.2% |
| Furniture and vehicles | 24 | €1,556 | €0 | -€1,556 | -100.0% |
| Financial fixed assets | 28 | €10,512 | €10,512 | = | 0.0% |
| Current assets | 29/58 | €26,821 | €27,938 | +€1,118 | +4.2% |
| Stocks and contracts in progress | 3 | €3,500 | €5,000 | +€1,500 | +42.9% |
| Stocks | 30/36 | €3,500 | €5,000 | +€1,500 | +42.9% |
| Amounts receivable within one year | 40/41 | €784 | €979 | +€195 | +24.8% |
| Trade receivables | 40 | €169 | €303 | +€134 | +79.4% |
| Other amounts receivable | 41 | €615 | €676 | +€61 | +9.8% |
| Cash at bank and in hand | 54/58 | €22,301 | €8,713 | -€13,588 | -60.9% |
| Deferred charges and accrued income | 490/1 | €235 | €13,246 | +€13,011 | +5536.1% |
| Total equity and liabilities | 10/49 | €72,290 | €65,098 | -€7,192 | -9.9% |
| Equity | 10/15 | -€14,321 | -€6,364 | +€7,956 | +55.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,321 | -€8,364 | +€7,956 | +48.7% |
| Amounts payable | 17/49 | €86,610 | €71,462 | -€15,148 | -17.5% |
| Amounts payable after more than one year | 17 | €11,924 | €10,512 | -€1,412 | -11.8% |
| Financial debts | 170/4 | €11,924 | €10,512 | -€1,412 | -11.8% |
| Amounts payable within one year | 42/48 | €74,686 | €60,950 | -€13,736 | -18.4% |
| Current portion of amounts payable after more than one year | 42 | €9,800 | €1,412 | -€8,388 | -85.6% |
| Trade debts | 44 | €28,203 | €33,701 | +€5,499 | +19.5% |
| Suppliers | 440/4 | €28,203 | €33,701 | +€5,499 | +19.5% |
| Taxes, remuneration and social security | 45 | €22,294 | €10,249 | -€12,045 | -54.0% |
| Taxes | 450/3 | €12,791 | €5,698 | -€7,093 | -55.5% |
| Remuneration and social security | 454/9 | €9,504 | €4,551 | -€4,953 | -52.1% |
| Other amounts payable | 47/48 | €14,388 | €15,587 | +€1,199 | +8.3% |
| Remuneration, social security and pensions | 62 | €83,368 | €60,836 | -€22,532 | -27.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,309 | €8,309 | -€0 | 0.0% |
| Other operating charges | 640/8 | €4,796 | €10,619 | +€5,824 | +121.4% |
| Gross operating margin | 9900 | €104,019 | €88,206 | -€15,813 | -15.2% |
| Operating profit (loss) | 9901 | €7,546 | €8,441 | +€895 | +11.9% |
| Financial income | 75/76B | €41 | €30 | -€11 | -26.6% |
| Recurring financial income | 75 | €41 | €30 | -€11 | -26.6% |
| Financial charges | 65/66B | €1,087 | €515 | -€572 | -52.6% |
| Recurring financial charges | 65 | €1,087 | €515 | -€572 | -52.6% |
| Profit (loss) for the period before taxes | 9903 | €6,500 | €7,956 | +€1,456 | +22.4% |
| Income taxes | 67/77 | €21 | - | -€21 | |
| Profit (loss) for the period | 9904 | €6,480 | €7,956 | +€1,477 | +22.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,480 | €7,956 | +€1,477 | +22.8% |
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 9 October 2026 via checked.be.