The Box: what changed
Two fiscal 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 Box
Largest movements
- Cash -€206
down €206 (-80.4%), from €256 to €50
mainly Net result for the year (-€206)
- Profit (loss) carried forward -€206
down €206 (-1.0%), from -€19,745 to -€19,951
- Other operating charges -€451
no longer reported in 2025 (was €451)
- Gross operating margin +€201
up €201 (+66.3%), from -€303 to -€102
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 | €256 | €50 | -€206 | -80.4% |
| Current assets | 29/58 | €256 | €50 | -€206 | -80.4% |
| Cash at bank and in hand | 54/58 | €256 | €50 | -€206 | -80.4% |
| Total equity and liabilities | 10/49 | €256 | €50 | -€206 | -80.4% |
| Equity | 10/15 | -€19,744 | -€19,950 | -€206 | -1.0% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,745 | -€19,951 | -€206 | -1.0% |
| Amounts payable | 17/49 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €20,000 | €20,000 | = | 0.0% |
| Other amounts payable | 47/48 | €20,000 | €20,000 | = | 0.0% |
| Other operating charges | 640/8 | €451 | - | -€451 | |
| Gross operating margin | 9900 | -€303 | -€102 | +€201 | +66.3% |
| Operating profit (loss) | 9901 | -€754 | -€102 | +€652 | +86.5% |
| Financial charges | 65/66B | €104 | €104 | = | 0.0% |
| Recurring financial charges | 65 | €104 | €104 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€858 | -€206 | +€652 | +76.0% |
| Profit (loss) for the period | 9904 | -€858 | -€206 | +€652 | +76.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€858 | -€206 | +€652 | +76.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.