THE SIXTH DIMENSION: 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 SIXTH DIMENSION
Largest movements
- Receivables within one year -€9,584
down €9,584 (-29.0%), from €33,038 to €23,454
of which Trade receivables: -€12,540
- Deferred charges and accrued income +€2,403
up €2,403 (+546%), from €440 to €2,843
- Intangible fixed assets -€2,154
down €2,154 (-21.2%), from €10,149 to €7,995
- Cash -€2,064
down €2,064 (-16.2%), from €12,730 to €10,666
mainly Current portion of long-term debt (-€8,742) and Trade debts (-€3,482)
- Tangible fixed assets -€1,753
down €1,753 (-30.2%), from €5,798 to €4,045
- Current portion of long-term debt -€8,742
down €8,742 (-77.3%), from €11,304 to €2,562
- Trade debts -€3,482
down €3,482 (-49.6%), from €7,027 to €3,545
- Tax, wage and social debts +€2,921
up €2,921 (+37.9%), from €7,708 to €10,629
of which Remuneration and social security: +€2,539
- Short-term financial debts -€2,570
no longer reported in 2025 (was €2,570)
- Profit (loss) carried forward -€1,279
down €1,279, from €0 to -€1,279
- Staff costs -€66,179
no longer reported in 2025 (was €66,179)
- Gross operating margin -€55,637
down €55,637 (-80.6%), from €69,063 to €13,426
- Taxes +€9,861
up €9,861 (+7,090%), from €139 to €10,000
- Financial charges -€1,022
down €1,022 (-56.2%), from €1,820 to €798
- Depreciation +€693
up €693 (+21.6%), from €3,214 to €3,907
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 | €62,155 | €49,003 | -€13,152 | -21.2% |
| Fixed assets | 21/28 | €15,947 | €12,040 | -€3,907 | -24.5% |
| Intangible fixed assets | 21 | €10,149 | €7,995 | -€2,154 | -21.2% |
| Tangible fixed assets | 22/27 | €5,798 | €4,045 | -€1,753 | -30.2% |
| Furniture and vehicles | 24 | €5,798 | €4,045 | -€1,753 | -30.2% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €46,208 | €36,963 | -€9,245 | -20.0% |
| Amounts receivable within one year | 40/41 | €33,038 | €23,454 | -€9,584 | -29.0% |
| Trade receivables | 40 | €12,540 | - | -€12,540 | |
| Other amounts receivable | 41 | €20,498 | €23,454 | +€2,956 | +14.4% |
| Cash at bank and in hand | 54/58 | €12,730 | €10,666 | -€2,064 | -16.2% |
| Deferred charges and accrued income | 490/1 | €440 | €2,843 | +€2,403 | +546% |
| Total equity and liabilities | 10/49 | €62,155 | €49,003 | -€13,152 | -21.2% |
| Equity | 10/15 | €33,546 | €32,267 | -€1,279 | -3.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €14,946 | €14,946 | +€0 | 0.0% |
| Distributable reserves | 133 | €14,946 | €14,946 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€1,279 | -€1,279 | |
| Amounts payable | 17/49 | €28,609 | €16,736 | -€11,873 | -41.5% |
| Amounts payable within one year | 42/48 | €28,609 | €16,736 | -€11,873 | -41.5% |
| Current portion of amounts payable after more than one year | 42 | €11,304 | €2,562 | -€8,742 | -77.3% |
| Financial debts | 43 | €2,570 | - | -€2,570 | |
| Credit institutions | 430/8 | €2,570 | - | -€2,570 | |
| Trade debts | 44 | €7,027 | €3,545 | -€3,482 | -49.6% |
| Suppliers | 440/4 | €7,027 | €3,545 | -€3,482 | -49.6% |
| Taxes, remuneration and social security | 45 | €7,708 | €10,629 | +€2,921 | +37.9% |
| Taxes | 450/3 | €7,403 | €7,785 | +€382 | +5.2% |
| Remuneration and social security | 454/9 | €305 | €2,844 | +€2,539 | +833% |
| Remuneration, social security and pensions | 62 | €66,179 | - | -€66,179 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,214 | €3,907 | +€693 | +21.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €509 | - | -€509 | |
| Other operating charges | 640/8 | €505 | - | -€505 | |
| Gross operating margin | 9900 | €69,063 | €13,426 | -€55,637 | -80.6% |
| Operating profit (loss) | 9901 | -€1,344 | €9,519 | +€10,863 | |
| Financial income | 75/76B | €212 | - | -€212 | |
| Recurring financial income | 75 | €212 | - | -€212 | |
| Financial charges | 65/66B | €1,820 | €798 | -€1,022 | -56.2% |
| Recurring financial charges | 65 | €1,820 | €798 | -€1,022 | -56.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,953 | €8,721 | +€11,674 | |
| Income taxes | 67/77 | €139 | €10,000 | +€9,861 | +7,090% |
| Profit (loss) for the period | 9904 | -€3,092 | -€1,279 | +€1,813 | +58.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,092 | -€1,279 | +€1,813 | +58.6% |
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 19 October 2026 via checked.be.