THIRTY 7: 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.
THIRTY 7
Largest movements
- Receivables within one year -€14,349
down €14,349 (-78.2%), from €18,350 to €4,002
of which Trade receivables: -€12,666
- Cash -€706
down €706 (-4.7%), from €14,907 to €14,201
mainly Accrued charges and deferred income (-€15,000) and Net result for the year (-€3,321)
- Tangible fixed assets -€429
down €429 (-35.8%), from €1,197 to €769
- Accrued charges and deferred income -€15,000
no longer reported in 2025 (was €15,000)
- Profit (loss) carried forward -€3,321
down €3,321 (-32.8%), from €10,130 to €6,808
- Tax, wage and social debts +€1,410
up €1,410 (+32.9%), from €4,284 to €5,694
- Trade debts +€1,358
up €1,358 (+66.5%), from €2,041 to €3,399
- Gross operating margin -€3,247
down €3,247, from €2,033 to -€1,214
- Taxes -€448
down €448 (-25.5%), from €1,753 to €1,306
- Staff costs +€194
new in 2025: €194
- Financial charges +€125
up €125 (+118.1%), from €106 to €231
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 | €34,455 | €19,027 | -€15,428 | -44.8% |
| Fixed assets | 21/28 | €1,197 | €769 | -€429 | -35.8% |
| Tangible fixed assets | 22/27 | €1,197 | €769 | -€429 | -35.8% |
| Furniture and vehicles | 24 | €1,197 | €769 | -€429 | -35.8% |
| Current assets | 29/58 | €33,257 | €18,258 | -€15,000 | -45.1% |
| Amounts receivable within one year | 40/41 | €18,350 | €4,002 | -€14,349 | -78.2% |
| Trade receivables | 40 | €16,662 | €3,996 | -€12,666 | -76.0% |
| Other amounts receivable | 41 | €1,688 | €6 | -€1,683 | -99.7% |
| Cash at bank and in hand | 54/58 | €14,907 | €14,201 | -€706 | -4.7% |
| Deferred charges and accrued income | 490/1 | - | €55 | +€55 | |
| Total equity and liabilities | 10/49 | €34,455 | €19,027 | -€15,428 | -44.8% |
| Equity | 10/15 | €13,130 | €9,808 | -€3,321 | -25.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,130 | €6,808 | -€3,321 | -32.8% |
| Amounts payable | 17/49 | €21,325 | €9,218 | -€12,107 | -56.8% |
| Amounts payable within one year | 42/48 | €6,325 | €9,218 | +€2,893 | +45.7% |
| Trade debts | 44 | €2,041 | €3,399 | +€1,358 | +66.5% |
| Suppliers | 440/4 | €2,041 | €3,399 | +€1,358 | +66.5% |
| Taxes, remuneration and social security | 45 | €4,284 | €5,694 | +€1,410 | +32.9% |
| Taxes | 450/3 | €4,284 | €5,694 | +€1,410 | +32.9% |
| Other amounts payable | 47/48 | - | €125 | +€125 | |
| Accrued charges and deferred income | 492/3 | €15,000 | - | -€15,000 | |
| Remuneration, social security and pensions | 62 | - | €194 | +€194 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €429 | €429 | = | 0.0% |
| Gross operating margin | 9900 | €2,033 | -€1,214 | -€3,247 | |
| Operating profit (loss) | 9901 | €1,604 | -€1,836 | -€3,441 | |
| Financial income | 75/76B | €44 | €52 | +€8 | +17.9% |
| Recurring financial income | 75 | €44 | €52 | +€8 | +17.9% |
| Financial charges | 65/66B | €106 | €231 | +€125 | +118.1% |
| Recurring financial charges | 65 | €106 | €231 | +€125 | +118.1% |
| Profit (loss) for the period before taxes | 9903 | €1,542 | -€2,016 | -€3,558 | |
| Income taxes | 67/77 | €1,753 | €1,306 | -€448 | -25.5% |
| Profit (loss) for the period | 9904 | -€211 | -€3,321 | -€3,111 | -1475.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€211 | -€3,321 | -€3,111 | -1475.7% |
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 12 October 2026 via checked.be.