THE CONCEPT POOL: 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 CONCEPT POOL
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts +€37,483
up €37,483 (+421.3%), from €8,898 to €46,381
- Debts after one year -€15,195
no longer reported in 2025 (was €15,195)
- Current portion of long-term debt -€10,655
down €10,655 (-41.2%), from €25,850 to €15,195
- Trade debts -€4,649
down €4,649 (-56.6%), from €8,216 to €3,568
- Tax, wage and social debts -€4,139
down €4,139 (-56.1%), from €7,382 to €3,244
of which Taxes: -€3,117
- Gross operating margin -€92,179
down €92,179 (-80.8%), from €114,030 to €21,851
- Staff costs -€57,545
down €57,545 (-67.6%), from €85,136 to €27,591
- Financial income +€3,919
up €3,919 (+7838880.0%), from €0 to €3,919
of which Non-recurring financial income: +€3,919
- Financial charges -€1,192
down €1,192 (-61.8%), from €1,928 to €736
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 | €175,540 | €174,957 | -€582 | -0.3% |
| Fixed assets | 21/28 | €151,055 | €151,055 | = | 0.0% |
| Financial fixed assets | 28 | €151,055 | €151,055 | = | 0.0% |
| Current assets | 29/58 | €24,485 | €23,902 | -€582 | -2.4% |
| Stocks and contracts in progress | 3 | €18,200 | €18,200 | = | 0.0% |
| Stocks | 30/36 | €18,200 | €18,200 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,416 | €3,429 | -€987 | -22.4% |
| Trade receivables | 40 | €2,661 | €2,661 | = | 0.0% |
| Other amounts receivable | 41 | €1,755 | €768 | -€987 | -56.2% |
| Cash at bank and in hand | 54/58 | €1,869 | €2,274 | +€405 | +21.6% |
| Total equity and liabilities | 10/49 | €175,540 | €174,957 | -€582 | -0.3% |
| Equity | 10/15 | €109,999 | €106,571 | -€3,429 | -3.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €18,523 | €18,523 | = | 0.0% |
| Non-distributable reserves | 130/1 | €18,523 | €18,523 | = | 0.0% |
| Reserves not available under the articles | 1311 | €18,523 | €18,523 | = | 0.0% |
| Profit (loss) carried forward | 14 | €72,876 | €69,447 | -€3,429 | -4.7% |
| Amounts payable | 17/49 | €65,541 | €68,387 | +€2,846 | +4.3% |
| Amounts payable after more than one year | 17 | €15,195 | - | -€15,195 | |
| Financial debts | 170/4 | €15,195 | - | -€15,195 | |
| Amounts payable within one year | 42/48 | €50,346 | €68,387 | +€18,041 | +35.8% |
| Current portion of amounts payable after more than one year | 42 | €25,850 | €15,195 | -€10,655 | -41.2% |
| Trade debts | 44 | €8,216 | €3,568 | -€4,649 | -56.6% |
| Suppliers | 440/4 | €8,216 | €3,568 | -€4,649 | -56.6% |
| Taxes, remuneration and social security | 45 | €7,382 | €3,244 | -€4,139 | -56.1% |
| Taxes | 450/3 | €6,361 | €3,244 | -€3,117 | -49.0% |
| Remuneration and social security | 454/9 | €1,022 | - | -€1,022 | |
| Other amounts payable | 47/48 | €8,898 | €46,381 | +€37,483 | +421.3% |
| Remuneration, social security and pensions | 62 | €85,136 | €27,591 | -€57,545 | -67.6% |
| Other operating charges | 640/8 | €300 | €571 | +€271 | +90.3% |
| Gross operating margin | 9900 | €114,030 | €21,851 | -€92,179 | -80.8% |
| Operating profit (loss) | 9901 | €28,594 | -€6,311 | -€34,905 | |
| Financial income | 75/76B | €0 | €3,919 | +€3,919 | +7838880.0% |
| Recurring financial income | 75 | €0 | €3,919 | +€3,919 | +7838880.0% |
| Non-recurring financial income | 76B | - | €3,919 | +€3,919 | |
| Financial charges | 65/66B | €1,928 | €736 | -€1,192 | -61.8% |
| Recurring financial charges | 65 | €1,928 | €736 | -€1,192 | -61.8% |
| Profit (loss) for the period before taxes | 9903 | €26,666 | -€3,127 | -€29,793 | |
| Income taxes | 67/77 | €297 | €302 | +€5 | +1.7% |
| Profit (loss) for the period | 9904 | €26,370 | -€3,429 | -€29,798 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,370 | -€3,429 | -€29,798 |
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 1 October 2026 via checked.be.