There There: 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.
There There
Largest movements
- Receivables within one year +€3,787
up €3,787 (+34.6%), from €10,953 to €14,741
of which Trade receivables: +€3,513
- Tangible fixed assets -€1,232
no longer reported in 2025 (was €1,232)
of which Furniture and vehicles: -€1,071
- Deferred charges and accrued income +€1,091
up €1,091 (+117.0%), from €932 to €2,022
- Cash -€318
down €318 (-16.0%), from €1,986 to €1,668
mainly Receivables within one year (-€3,787) and Debts within one year (-€2,573)
- Profit (loss) carried forward +€4,940
up €4,940 (+60.1%), from €8,225 to €13,165
- Accrued charges and deferred income +€3,061
new in 2025: €3,061
- Debts within one year -€2,573
down €2,573 (-48.7%), from €5,279 to €2,706
- Investment grants -€2,100
no longer reported in 2025 (was €2,100)
- Gross operating margin +€66,436
up €66,436, from -€5,007 to €61,429
- Turnover +€58,265
up €58,265 (+162.3%), from €35,902 to €94,167
- Purchases and services +€57,435
up €57,435 (+102.6%), from €55,984 to €113,419
- Other operating charges +€54,771
up €54,771 (+12312.9%), from €445 to €55,216
- Depreciation -€2,926
down €2,926 (-70.4%), from €4,159 to €1,232
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.
Cash bridge derived
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 | €15,603 | €18,931 | +€3,328 | +21.3% |
| Fixed assets | 21/28 | €1,732 | €500 | -€1,232 | -71.1% |
| Tangible fixed assets | 22/27 | €1,232 | - | -€1,232 | |
| Plant, machinery and equipment | 23 | €161 | - | -€161 | |
| Furniture and vehicles | 24 | €1,071 | - | -€1,071 | |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €13,871 | €18,431 | +€4,560 | +32.9% |
| Amounts receivable within one year | 40/41 | €10,953 | €14,741 | +€3,787 | +34.6% |
| Trade receivables | 40 | €9,540 | €13,053 | +€3,513 | +36.8% |
| Other amounts receivable | 41 | €1,413 | €1,687 | +€274 | +19.4% |
| Cash at bank and in hand | 54/58 | €1,986 | €1,668 | -€318 | -16.0% |
| Deferred charges and accrued income | 490/1 | €932 | €2,022 | +€1,091 | +117.0% |
| Total equity and liabilities | 10/49 | €15,603 | €18,931 | +€3,328 | +21.3% |
| Equity | 10/15 | €10,325 | €13,165 | +€2,840 | +27.5% |
| Profit (loss) carried forward | 14 | €8,225 | €13,165 | +€4,940 | +60.1% |
| Investment grants | 15 | €2,100 | - | -€2,100 | |
| Amounts payable | 17/49 | €5,279 | €5,766 | +€488 | +9.2% |
| Amounts payable within one year | 42/48 | €5,279 | €2,706 | -€2,573 | -48.7% |
| Trade debts | 44 | €1,279 | €2,706 | +€1,427 | +111.6% |
| Suppliers | 440/4 | €1,279 | €2,706 | +€1,427 | +111.6% |
| Accrued charges and deferred income | 492/3 | - | €3,061 | +€3,061 | |
| Turnover | 70 | €35,902 | €94,167 | +€58,265 | +162.3% |
| Membership fees, donations, legacies and grants | 73 | €14,600 | €79,000 | +€64,400 | +441.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €55,984 | €113,419 | +€57,435 | +102.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,159 | €1,232 | -€2,926 | -70.4% |
| Other operating charges | 640/8 | €445 | €55,216 | +€54,771 | +12312.9% |
| Gross operating margin | 9900 | -€5,007 | €61,429 | +€66,436 | |
| Operating profit (loss) | 9901 | -€9,610 | €4,981 | +€14,591 | |
| Financial income | 75/76B | €47 | €0 | -€47 | -99.6% |
| Recurring financial income | 75 | €47 | €0 | -€47 | -99.6% |
| Financial charges | 65/66B | €51 | €41 | -€10 | -20.3% |
| Recurring financial charges | 65 | €51 | €41 | -€10 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | -€9,614 | €4,940 | +€14,555 | |
| Income taxes | 67/77 | €8 | - | -€8 | |
| Profit (loss) for the period | 9904 | -€9,622 | €4,940 | +€14,563 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,622 | €4,940 | +€14,563 |
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 10 October 2026 via checked.be.