The Pink Side: 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 Pink Side
Largest movements
- Cash -€12,537
down €12,537 (-40.2%), from €31,198 to €18,661
mainly Tax, wage and social debts (-€5,412) and Net result for the year (-€3,920)
- Receivables within one year +€3,743
up €3,743 (+157%), from €2,377 to €6,120
of which Other amounts receivable: +€2,094
- Tangible fixed assets -€377
down €377 (-41.4%), from €910 to €534
- Tax, wage and social debts -€5,412
down €5,412 (-54.4%), from €9,949 to €4,536
of which Taxes: -€5,412
- Profit (loss) carried forward -€3,920
new in 2025: -€3,920
- Gross operating margin -€27,695
down €27,695, from €24,721 to -€2,975
- Taxes -€7,038
no longer reported in 2025 (was €7,038)
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 | €34,485 | €25,314 | -€9,171 | -26.6% |
| Fixed assets | 21/28 | €910 | €534 | -€377 | -41.4% |
| Tangible fixed assets | 22/27 | €910 | €534 | -€377 | -41.4% |
| Furniture and vehicles | 24 | €910 | €534 | -€377 | -41.4% |
| Current assets | 29/58 | €33,575 | €24,780 | -€8,794 | -26.2% |
| Amounts receivable within one year | 40/41 | €2,377 | €6,120 | +€3,743 | +157% |
| Trade receivables | 40 | €762 | €2,411 | +€1,649 | +216% |
| Other amounts receivable | 41 | €1,615 | €3,709 | +€2,094 | +130% |
| Cash at bank and in hand | 54/58 | €31,198 | €18,661 | -€12,537 | -40.2% |
| Total equity and liabilities | 10/49 | €34,485 | €25,314 | -€9,171 | -26.6% |
| Equity | 10/15 | €23,926 | €20,006 | -€3,920 | -16.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €13,926 | €13,926 | = | 0.0% |
| Distributable reserves | 133 | €13,926 | €13,926 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€3,920 | -€3,920 | |
| Amounts payable | 17/49 | €10,559 | €5,308 | -€5,251 | -49.7% |
| Amounts payable within one year | 42/48 | €10,559 | €5,308 | -€5,251 | -49.7% |
| Trade debts | 44 | €610 | €771 | +€161 | +26.4% |
| Suppliers | 440/4 | €610 | €771 | +€161 | +26.4% |
| Taxes, remuneration and social security | 45 | €9,949 | €4,536 | -€5,412 | -54.4% |
| Taxes | 450/3 | €8,449 | €3,036 | -€5,412 | -64.1% |
| Remuneration and social security | 454/9 | €1,500 | €1,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €220 | €377 | +€157 | +71.4% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €24,721 | -€2,975 | -€27,695 | |
| Operating profit (loss) | 9901 | €23,995 | -€3,871 | -€27,866 | |
| Financial income | 75/76B | €49 | €192 | +€143 | +292% |
| Recurring financial income | 75 | €49 | €192 | +€143 | +292% |
| Financial charges | 65/66B | €435 | €241 | -€193 | -44.5% |
| Recurring financial charges | 65 | €435 | €241 | -€193 | -44.5% |
| Profit (loss) for the period before taxes | 9903 | €23,610 | -€3,920 | -€27,530 | |
| Income taxes | 67/77 | €7,038 | - | -€7,038 | |
| Profit (loss) for the period | 9904 | €16,571 | -€3,920 | -€20,491 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,571 | -€3,920 | -€20,491 |
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 27 October 2026 via checked.be.