THE OTHER CONCEPT: 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 OTHER CONCEPT
Largest movements
- Cash -€3,513
down €3,513 (-39.3%), from €8,937 to €5,424
mainly Trade debts (-€4,756) and Other debts (-€853)
- Tangible fixed assets -€781
down €781 (-23.6%), from €3,313 to €2,532
- Receivables within one year -€631
down €631 (-11.4%), from €5,551 to €4,919
of which Trade receivables: -€457
- Trade debts -€4,756
down €4,756 (-84.0%), from €5,665 to €909
- Profit (loss) carried forward -€2,130
down €2,130 (-100%), from €2,130 to €0
- Tax, wage and social debts +€1,653
up €1,653 (+50.1%), from €3,301 to €4,953
- Reserves +€1,341
new in 2025: €1,341
- Other debts -€853
down €853 (-37.0%), from €2,308 to €1,455
- Gross operating margin -€2,119
down €2,119 (-50.4%), from €4,203 to €2,084
- Other operating charges +€966
up €966 (+249%), from €387 to €1,354
- Taxes -€459
down €459 (-44.1%), from €1,041 to €582
- Depreciation +€190
up €190 (+32.2%), from €590 to €781
- Financial charges +€108
up €108 (+196%), from €55 to €163
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 | €18,698 | €13,688 | -€5,010 | -26.8% |
| Fixed assets | 21/28 | €3,313 | €2,532 | -€781 | -23.6% |
| Tangible fixed assets | 22/27 | €3,313 | €2,532 | -€781 | -23.6% |
| Furniture and vehicles | 24 | €3,313 | €2,532 | -€781 | -23.6% |
| Current assets | 29/58 | €15,385 | €11,156 | -€4,229 | -27.5% |
| Amounts receivable within one year | 40/41 | €5,551 | €4,919 | -€631 | -11.4% |
| Trade receivables | 40 | €5,377 | €4,919 | -€457 | -8.5% |
| Other amounts receivable | 41 | €174 | €0 | -€174 | -100% |
| Cash at bank and in hand | 54/58 | €8,937 | €5,424 | -€3,513 | -39.3% |
| Deferred charges and accrued income | 490/1 | €897 | €813 | -€84 | -9.4% |
| Total equity and liabilities | 10/49 | €18,698 | €13,688 | -€5,010 | -26.8% |
| Equity | 10/15 | €7,130 | €6,341 | -€788 | -11.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €1,341 | +€1,341 | |
| Distributable reserves | 133 | - | €1,341 | +€1,341 | |
| Profit (loss) carried forward | 14 | €2,130 | €0 | -€2,130 | -100% |
| Amounts payable | 17/49 | €11,568 | €7,346 | -€4,222 | -36.5% |
| Amounts payable within one year | 42/48 | €11,568 | €7,346 | -€4,222 | -36.5% |
| Financial debts | 43 | €294 | €29 | -€265 | -90.1% |
| Credit institutions | 430/8 | €294 | €29 | -€265 | -90.1% |
| Trade debts | 44 | €5,665 | €909 | -€4,756 | -84.0% |
| Suppliers | 440/4 | €5,665 | €909 | -€4,756 | -84.0% |
| Taxes, remuneration and social security | 45 | €3,301 | €4,953 | +€1,653 | +50.1% |
| Taxes | 450/3 | €3,301 | €4,953 | +€1,653 | +50.1% |
| Other amounts payable | 47/48 | €2,308 | €1,455 | -€853 | -37.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €590 | €781 | +€190 | +32.2% |
| Other operating charges | 640/8 | €387 | €1,354 | +€966 | +249% |
| Gross operating margin | 9900 | €4,203 | €2,084 | -€2,119 | -50.4% |
| Operating profit (loss) | 9901 | €3,225 | -€51 | -€3,276 | |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €55 | €163 | +€108 | +196% |
| Recurring financial charges | 65 | €55 | €163 | +€108 | +196% |
| Profit (loss) for the period before taxes | 9903 | €3,170 | -€206 | -€3,377 | |
| Income taxes | 67/77 | €1,041 | €582 | -€459 | -44.1% |
| Profit (loss) for the period | 9904 | €2,130 | -€788 | -€2,918 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,130 | -€788 | -€2,918 |
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 21 October 2026 via checked.be.