Thinking Beyond: what changed
Two fiscal 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.
Thinking Beyond
Largest movements
- Receivables within one year +€972
up €972 (+3654.2%), from €27 to €998
of which Trade receivables: +€998
- Cash -€358
down €358 (-24.1%), from €1,486 to €1,127
mainly Net result for the year (-€1,028) and Receivables within one year (-€972)
- Other debts +€1,500
up €1,500 (+41.7%), from €3,600 to €5,100
- Profit (loss) carried forward -€1,028
down €1,028 (-39.7%), from -€2,588 to -€3,615
- Tax, wage and social debts +€141
new in 2025: €141
- Gross operating margin +€1,676
up €1,676 (+66.5%), from -€2,519 to -€843
- Other operating charges +€144
new in 2025: €144
- Financial charges -€28
down €28 (-40.8%), from €68 to €40
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 | €1,512 | €2,126 | +€613 | +40.5% |
| Current assets | 29/58 | €1,512 | €2,126 | +€613 | +40.5% |
| Amounts receivable within one year | 40/41 | €27 | €998 | +€972 | +3654.2% |
| Trade receivables | 40 | - | €998 | +€998 | |
| Other amounts receivable | 41 | €27 | - | -€27 | |
| Cash at bank and in hand | 54/58 | €1,486 | €1,127 | -€358 | -24.1% |
| Total equity and liabilities | 10/49 | €1,512 | €2,126 | +€613 | +40.5% |
| Equity | 10/15 | -€2,088 | -€3,115 | -€1,028 | -49.2% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,588 | -€3,615 | -€1,028 | -39.7% |
| Amounts payable | 17/49 | €3,600 | €5,241 | +€1,641 | +45.6% |
| Amounts payable within one year | 42/48 | €3,600 | €5,241 | +€1,641 | +45.6% |
| Taxes, remuneration and social security | 45 | - | €141 | +€141 | |
| Taxes | 450/3 | - | €141 | +€141 | |
| Other amounts payable | 47/48 | €3,600 | €5,100 | +€1,500 | +41.7% |
| Other operating charges | 640/8 | - | €144 | +€144 | |
| Gross operating margin | 9900 | -€2,519 | -€843 | +€1,676 | +66.5% |
| Operating profit (loss) | 9901 | -€2,519 | -€988 | +€1,532 | +60.8% |
| Financial charges | 65/66B | €68 | €40 | -€28 | -40.8% |
| Recurring financial charges | 65 | €68 | €40 | -€28 | -40.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,588 | -€1,028 | +€1,560 | +60.3% |
| Profit (loss) for the period | 9904 | -€2,588 | -€1,028 | +€1,560 | +60.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,588 | -€1,028 | +€1,560 | +60.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.