THE TEN: 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 TEN
Largest movements
- Cash -€14,225
down €14,225 (-86.1%), from €16,517 to €2,292
mainly Trade debts (-€17,101) and Net result for the year (-€229)
- Receivables within one year -€2,105
down €2,105 (-8.4%), from €25,117 to €23,012
of which Other amounts receivable: -€2,105
- Trade debts -€17,101
down €17,101 (-45.9%), from €37,253 to €20,152
- Other debts +€1,000
up €1,000 (+4.9%), from €20,561 to €21,561
- Gross operating margin -€5,008
down €5,008, from €4,842 to -€166
- Other operating charges -€437
down €437 (-100%), from €437 to €0
- Financial charges -€121
down €121 (-65.9%), from €184 to €63
- Financial income -€95
down €95 (-100%), from €95 to €0
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 | €42,134 | €25,804 | -€16,330 | -38.8% |
| Current assets | 29/58 | €42,134 | €25,804 | -€16,330 | -38.8% |
| Stocks and contracts in progress | 3 | €500 | €500 | = | 0.0% |
| Stocks | 30/36 | €500 | €500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €25,117 | €23,012 | -€2,105 | -8.4% |
| Trade receivables | 40 | €1,860 | €1,860 | = | 0.0% |
| Other amounts receivable | 41 | €23,257 | €21,152 | -€2,105 | -9.1% |
| Cash at bank and in hand | 54/58 | €16,517 | €2,292 | -€14,225 | -86.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €42,134 | €25,804 | -€16,330 | -38.8% |
| Equity | 10/15 | -€15,680 | -€15,909 | -€229 | -1.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €176,871 | €176,871 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €175,011 | €175,011 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€211,152 | -€211,381 | -€229 | -0.1% |
| Amounts payable | 17/49 | €57,814 | €41,713 | -€16,101 | -27.8% |
| Amounts payable within one year | 42/48 | €57,814 | €41,713 | -€16,101 | -27.8% |
| Trade debts | 44 | €37,253 | €20,152 | -€17,101 | -45.9% |
| Suppliers | 440/4 | €37,253 | €20,152 | -€17,101 | -45.9% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €20,561 | €21,561 | +€1,000 | +4.9% |
| Other operating charges | 640/8 | €437 | €0 | -€437 | -100% |
| Gross operating margin | 9900 | €4,842 | -€166 | -€5,008 | |
| Operating profit (loss) | 9901 | €4,405 | -€166 | -€4,571 | |
| Financial income | 75/76B | €95 | €0 | -€95 | -100% |
| Recurring financial income | 75 | €95 | €0 | -€95 | -100% |
| Financial charges | 65/66B | €184 | €63 | -€121 | -65.9% |
| Recurring financial charges | 65 | €184 | €63 | -€121 | -65.9% |
| Profit (loss) for the period before taxes | 9903 | €4,316 | -€229 | -€4,545 | |
| Profit (loss) for the period | 9904 | €4,316 | -€229 | -€4,545 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,316 | -€229 | -€4,545 |
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 24 October 2026 via checked.be.