THE CORNER: 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 CORNER
Largest movements
- Stocks and contracts +€2,339
new in 2025: €2,339
- Cash -€2,053
down €2,053 (-19.2%), from €10,699 to €8,647
mainly Stocks and contracts (-€2,339) and Other debts (-€980)
- Receivables within one year -€1,262
down €1,262 (-26.5%), from €4,770 to €3,508
of which Other amounts receivable: -€1,570
- Tangible fixed assets -€607
down €607 (-50.0%), from €1,213 to €607
- Other debts -€980
no longer reported in 2025 (was €980)
- Tax, wage and social debts -€553
down €553 (-31.2%), from €1,773 to €1,220
- Gross operating margin -€5,506
down €5,506 (-82.6%), from €6,664 to €1,157
- Taxes -€982
no longer reported in 2025 (was €982)
- Depreciation -€818
down €818 (-57.4%), from €1,425 to €607
- Staff costs +€816
new in 2025: €816
- Financial income +€216
new in 2025: €216
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 | €16,683 | €15,100 | -€1,583 | -9.5% |
| Fixed assets | 21/28 | €1,213 | €607 | -€607 | -50.0% |
| Tangible fixed assets | 22/27 | €1,213 | €607 | -€607 | -50.0% |
| Furniture and vehicles | 24 | €1,213 | €607 | -€607 | -50.0% |
| Current assets | 29/58 | €15,469 | €14,493 | -€976 | -6.3% |
| Stocks and contracts in progress | 3 | - | €2,339 | +€2,339 | |
| Stocks | 30/36 | - | €2,339 | +€2,339 | |
| Amounts receivable within one year | 40/41 | €4,770 | €3,508 | -€1,262 | -26.5% |
| Trade receivables | 40 | - | €307 | +€307 | |
| Other amounts receivable | 41 | €4,770 | €3,200 | -€1,570 | -32.9% |
| Cash at bank and in hand | 54/58 | €10,699 | €8,647 | -€2,053 | -19.2% |
| Total equity and liabilities | 10/49 | €16,683 | €15,100 | -€1,583 | -9.5% |
| Equity | 10/15 | €13,930 | €13,880 | -€50 | -0.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,930 | €3,880 | -€50 | -1.3% |
| Amounts payable | 17/49 | €2,753 | €1,220 | -€1,533 | -55.7% |
| Amounts payable within one year | 42/48 | €2,753 | €1,220 | -€1,533 | -55.7% |
| Taxes, remuneration and social security | 45 | €1,773 | €1,220 | -€553 | -31.2% |
| Taxes | 450/3 | €1,773 | €1,220 | -€553 | -31.2% |
| Other amounts payable | 47/48 | €980 | - | -€980 | |
| Remuneration, social security and pensions | 62 | - | €816 | +€816 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,425 | €607 | -€818 | -57.4% |
| Other operating charges | 640/8 | €186 | - | -€186 | |
| Gross operating margin | 9900 | €6,664 | €1,157 | -€5,506 | -82.6% |
| Operating profit (loss) | 9901 | €5,053 | -€265 | -€5,319 | |
| Financial income | 75/76B | - | €216 | +€216 | |
| Recurring financial income | 75 | - | €216 | +€216 | |
| Financial charges | 65/66B | €141 | - | -€141 | |
| Recurring financial charges | 65 | €141 | - | -€141 | |
| Profit (loss) for the period before taxes | 9903 | €4,912 | -€50 | -€4,962 | |
| Income taxes | 67/77 | €982 | - | -€982 | |
| Profit (loss) for the period | 9904 | €3,930 | -€50 | -€3,980 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,930 | -€50 | -€3,980 |
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.