The Heritage: 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 Heritage
Largest movements
- Receivables within one year -€631
down €631 (-96.4%), from €654 to €24
of which Trade receivables: -€588
- Cash +€92
up €92 (+77.2%), from €120 to €212
mainly Receivables within one year (+€631) and Trade debts (+€417)
- Profit (loss) carried forward -€1,071
down €1,071, from €774 to -€297
- Trade debts +€417
new in 2025: €417
- Other debts +€116
new in 2025: €116
- Purchases and services +€11,443
new in 2025: €11,443
- Turnover +€11,198
new in 2025: €11,198
- Gross operating margin -€1,834
down €1,834, from €1,589 to -€245
- Other operating charges -€540
down €540 (-90.3%), from €598 to €58
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.
Derived cash bridge
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 | €774 | €236 | -€538 | -69.5% |
| Current assets | 29/58 | €774 | €236 | -€538 | -69.5% |
| Amounts receivable within one year | 40/41 | €654 | €24 | -€631 | -96.4% |
| Trade receivables | 40 | €611 | €24 | -€588 | -96.1% |
| Other amounts receivable | 41 | €43 | - | -€43 | |
| Cash at bank and in hand | 54/58 | €120 | €212 | +€92 | +77.2% |
| Total equity and liabilities | 10/49 | €774 | €236 | -€538 | -69.5% |
| Equity | 10/15 | €774 | -€297 | -€1,071 | |
| Profit (loss) carried forward | 14 | €774 | -€297 | -€1,071 | |
| Amounts payable | 17/49 | €1 | €533 | +€532 | +100,438% |
| Amounts payable within one year | 42/48 | - | €533 | +€533 | |
| Trade debts | 44 | - | €417 | +€417 | |
| Suppliers | 440/4 | - | €417 | +€417 | |
| Other amounts payable | 47/48 | - | €116 | +€116 | |
| Accrued charges and deferred income | 492/3 | €1 | - | -€1 | |
| Turnover | 70 | - | €11,198 | +€11,198 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €11,443 | +€11,443 | |
| Other operating charges | 640/8 | €598 | €58 | -€540 | -90.3% |
| Gross operating margin | 9900 | €1,589 | -€245 | -€1,834 | |
| Operating profit (loss) | 9901 | €991 | -€303 | -€1,294 | |
| Financial charges | 65/66B | €218 | €111 | -€107 | -49.2% |
| Recurring financial charges | 65 | €218 | €111 | -€107 | -49.2% |
| Profit (loss) for the period before taxes | 9903 | €774 | -€413 | -€1,187 | |
| Profit (loss) for the period | 9904 | €774 | -€413 | -€1,187 | |
| Profit (loss) for the period to be appropriated | 9905 | €774 | -€413 | -€1,187 |
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 16 October 2026 via checked.be.