THE WRITE THING: 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 WRITE THING
Largest movements
- Tangible fixed assets -€5,947
down €5,947 (-29.8%), from €19,961 to €14,014
of which Land and buildings: -€5,404
- Deferred charges and accrued income +€495
up €495 (+36.7%), from €1,348 to €1,843
- Tax, wage and social debts -€21,674
no longer reported in 2025 (was €21,674)
of which Remuneration and social security: -€21,419
- Contributions +€12,400
up €12,400 (+200%), from €6,200 to €18,600
- Profit (loss) carried forward +€8,817
up €8,817 (+26.2%), from -€33,668 to -€24,851
- Other debts -€8,511
down €8,511 (-49.7%), from €17,140 to €8,628
- Short-term financial debts +€3,856
new in 2025: €3,856
- Gross operating margin +€5,795
up €5,795 (+56.9%), from €10,189 to €15,984
- Depreciation -€412
down €412 (-6.5%), from €6,359 to €5,947
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 | €36,217 | €30,496 | -€5,721 | -15.8% |
| Fixed assets | 21/28 | €19,961 | €14,014 | -€5,947 | -29.8% |
| Tangible fixed assets | 22/27 | €19,961 | €14,014 | -€5,947 | -29.8% |
| Land and buildings | 22 | €17,474 | €12,070 | -€5,404 | -30.9% |
| Furniture and vehicles | 24 | €2,487 | €1,944 | -€543 | -21.8% |
| Current assets | 29/58 | €16,256 | €16,482 | +€226 | +1.4% |
| Amounts receivable within one year | 40/41 | €14,882 | €14,639 | -€243 | -1.6% |
| Trade receivables | 40 | €9,974 | €11,854 | +€1,881 | +18.9% |
| Other amounts receivable | 41 | €4,908 | €2,785 | -€2,123 | -43.3% |
| Cash at bank and in hand | 54/58 | €26 | - | -€26 | |
| Deferred charges and accrued income | 490/1 | €1,348 | €1,843 | +€495 | +36.7% |
| Total equity and liabilities | 10/49 | €36,217 | €30,496 | -€5,721 | -15.8% |
| Equity | 10/15 | -€7,988 | €13,229 | +€21,217 | |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200% |
| Reserves | 13 | €19,480 | €19,480 | = | 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 | €17,620 | €17,620 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,668 | -€24,851 | +€8,817 | +26.2% |
| Amounts payable | 17/49 | €44,205 | €17,268 | -€26,938 | -60.9% |
| Amounts payable within one year | 42/48 | €44,205 | €17,268 | -€26,938 | -60.9% |
| Financial debts | 43 | - | €3,856 | +€3,856 | |
| Credit institutions | 430/8 | - | €3,856 | +€3,856 | |
| Trade debts | 44 | €5,392 | €4,783 | -€609 | -11.3% |
| Suppliers | 440/4 | €5,392 | €4,783 | -€609 | -11.3% |
| Taxes, remuneration and social security | 45 | €21,674 | - | -€21,674 | |
| Taxes | 450/3 | €255 | - | -€255 | |
| Remuneration and social security | 454/9 | €21,419 | - | -€21,419 | |
| Other amounts payable | 47/48 | €17,140 | €8,628 | -€8,511 | -49.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,359 | €5,947 | -€412 | -6.5% |
| Other operating charges | 640/8 | €427 | €423 | -€4 | -0.9% |
| Gross operating margin | 9900 | €10,189 | €15,984 | +€5,795 | +56.9% |
| Operating profit (loss) | 9901 | €3,402 | €9,613 | +€6,211 | +183% |
| Financial income | 75/76B | €2 | €10 | +€9 | +551% |
| Recurring financial income | 75 | €2 | €10 | +€9 | +551% |
| Financial charges | 65/66B | €566 | €694 | +€127 | +22.5% |
| Recurring financial charges | 65 | €566 | €694 | +€127 | +22.5% |
| Profit (loss) for the period before taxes | 9903 | €2,837 | €8,929 | +€6,092 | +215% |
| Income taxes | 67/77 | €128 | €112 | -€16 | -12.3% |
| Profit (loss) for the period | 9904 | €2,709 | €8,817 | +€6,108 | +225% |
| Profit (loss) for the period to be appropriated | 9905 | €2,709 | €8,817 | +€6,108 | +225% |
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 14 October 2026 via checked.be.