THINGS 4 YOU: 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.
THINGS 4 YOU
Largest movements
- Deferred charges and accrued income -€14,399
down €14,399 (-73.1%), from €19,705 to €5,306
- Cash -€10,000
down €10,000 (-38.5%), from €26,001 to €16,000
mainly Debts after one year (-€25,740) and Receivables within one year (-€7,615)
- Receivables within one year +€7,615
up €7,615 (+40.7%), from €18,730 to €26,345
- Tangible fixed assets -€2,885
down €2,885 (-27.2%), from €10,610 to €7,725
of which Plant, machinery and equipment: -€1,664
- Intangible fixed assets -€2,240
down €2,240 (-60.6%), from €3,694 to €1,454
- Debts after one year -€25,740
down €25,740 (-89.3%), from €28,829 to €3,090
- Trade debts +€8,961
up €8,961 (+10.5%), from €85,077 to €94,038
- Other debts +€7,430
up €7,430 (+9.4%), from €78,681 to €86,111
- Profit (loss) carried forward -€6,232
down €6,232 (-4.0%), from -€154,926 to -€161,158
- Tax, wage and social debts -€5,921
down €5,921 (-61.4%), from €9,637 to €3,716
- Gross operating margin +€62,987
up €62,987, from -€61,945 to €1,042
- Financial charges -€3,773
down €3,773 (-69.1%), from €5,460 to €1,687
- Financial income -€815
down €815 (-100.0%), from €815 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.
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 | €81,150 | €59,129 | -€22,021 | -27.1% |
| Fixed assets | 21/28 | €14,305 | €9,180 | -€5,125 | -35.8% |
| Intangible fixed assets | 21 | €3,694 | €1,454 | -€2,240 | -60.6% |
| Tangible fixed assets | 22/27 | €10,610 | €7,725 | -€2,885 | -27.2% |
| Plant, machinery and equipment | 23 | €3,461 | €1,796 | -€1,664 | -48.1% |
| Other tangible fixed assets | 26 | €7,150 | €5,929 | -€1,221 | -17.1% |
| Current assets | 29/58 | €66,845 | €49,949 | -€16,896 | -25.3% |
| Stocks and contracts in progress | 3 | €2,409 | €2,297 | -€112 | -4.6% |
| Stocks | 30/36 | €2,409 | €2,297 | -€112 | -4.6% |
| Amounts receivable within one year | 40/41 | €18,730 | €26,345 | +€7,615 | +40.7% |
| Trade receivables | 40 | €18,730 | €26,345 | +€7,615 | +40.7% |
| Cash at bank and in hand | 54/58 | €26,001 | €16,000 | -€10,000 | -38.5% |
| Deferred charges and accrued income | 490/1 | €19,705 | €5,306 | -€14,399 | -73.1% |
| Total equity and liabilities | 10/49 | €81,150 | €59,129 | -€22,021 | -27.1% |
| Equity | 10/15 | -€148,926 | -€155,158 | -€6,232 | -4.2% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€154,926 | -€161,158 | -€6,232 | -4.0% |
| Amounts payable | 17/49 | €230,076 | €214,286 | -€15,789 | -6.9% |
| Amounts payable after more than one year | 17 | €28,829 | €3,090 | -€25,740 | -89.3% |
| Financial debts | 170/4 | €28,829 | €3,090 | -€25,740 | -89.3% |
| Amounts payable within one year | 42/48 | €198,894 | €209,970 | +€11,076 | +5.6% |
| Current portion of amounts payable after more than one year | 42 | €24,614 | €25,740 | +€1,126 | +4.6% |
| Trade debts | 44 | €85,077 | €94,038 | +€8,961 | +10.5% |
| Suppliers | 440/4 | €85,077 | €94,038 | +€8,961 | +10.5% |
| Advances received on contracts in progress | 46 | €885 | €366 | -€519 | -58.6% |
| Taxes, remuneration and social security | 45 | €9,637 | €3,716 | -€5,921 | -61.4% |
| Taxes | 450/3 | €9,637 | €3,716 | -€5,921 | -61.4% |
| Other amounts payable | 47/48 | €78,681 | €86,111 | +€7,430 | +9.4% |
| Accrued charges and deferred income | 492/3 | €2,353 | €1,227 | -€1,126 | -47.9% |
| Remuneration, social security and pensions | 62 | €5 | €0 | -€5 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,109 | €5,125 | +€16 | +0.3% |
| Other operating charges | 640/8 | €737 | €462 | -€275 | -37.3% |
| Gross operating margin | 9900 | -€61,945 | €1,042 | +€62,987 | |
| Operating profit (loss) | 9901 | -€67,796 | -€4,545 | +€63,251 | +93.3% |
| Financial income | 75/76B | €815 | €0 | -€815 | -100.0% |
| Recurring financial income | 75 | €815 | €0 | -€815 | -100.0% |
| Financial charges | 65/66B | €5,460 | €1,687 | -€3,773 | -69.1% |
| Recurring financial charges | 65 | €5,460 | €1,687 | -€3,773 | -69.1% |
| Profit (loss) for the period before taxes | 9903 | -€72,441 | -€6,232 | +€66,210 | +91.4% |
| Profit (loss) for the period | 9904 | -€72,441 | -€6,232 | +€66,210 | +91.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€72,441 | -€6,232 | +€66,210 | +91.4% |
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 9 October 2026 via checked.be.