THISISNOT: 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.
THISISNOT
Largest movements
- Cash -€44,490
down €44,490 (-42.3%), from €105,191 to €60,702
mainly Receivables after one year (-€44,000) and Tax, wage and social debts (-€11,250)
- Receivables after one year +€44,000
up €44,000 (+36.7%), from €120,000 to €164,000
- Receivables within one year -€21,873
down €21,873 (-63.4%), from €34,497 to €12,624
of which Other amounts receivable: -€20,828
- Deferred charges and accrued income +€4,344
up €4,344 (+96.4%), from €4,505 to €8,850
- Tangible fixed assets +€2,822
up €2,822 (+55.4%), from €5,090 to €7,912
of which Furniture and vehicles: +€2,605
- Tax, wage and social debts -€11,250
no longer reported in 2025 (was €11,250)
- Advances received -€5,000
no longer reported in 2025 (was €5,000)
- Trade debts +€4,681
new in 2025: €4,681
- Profit (loss) carried forward -€3,627
down €3,627 (-21.0%), from -€17,271 to -€20,898
- Gross operating margin +€17,370
up €17,370 (+84.5%), from -€20,553 to -€3,183
- Financial income -€3,870
down €3,870 (-41.8%), from €9,262 to €5,392
of which Non-recurring financial income: -€5,041
- Depreciation +€467
up €467 (+10.8%), from €4,319 to €4,787
- Financial charges -€462
down €462 (-33.2%), from €1,393 to €930
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 | €269,284 | €254,087 | -€15,197 | -5.6% |
| Fixed assets | 21/28 | €5,090 | €7,912 | +€2,822 | +55.4% |
| Tangible fixed assets | 22/27 | €5,090 | €7,912 | +€2,822 | +55.4% |
| Plant, machinery and equipment | 23 | €5,090 | €5,307 | +€217 | +4.3% |
| Furniture and vehicles | 24 | - | €2,605 | +€2,605 | |
| Current assets | 29/58 | €264,194 | €246,175 | -€18,019 | -6.8% |
| Amounts receivable after more than one year | 29 | €120,000 | €164,000 | +€44,000 | +36.7% |
| Other amounts receivable | 291 | €120,000 | €164,000 | +€44,000 | +36.7% |
| Amounts receivable within one year | 40/41 | €34,497 | €12,624 | -€21,873 | -63.4% |
| Trade receivables | 40 | €10,395 | €9,350 | -€1,045 | -10.1% |
| Other amounts receivable | 41 | €24,102 | €3,273 | -€20,828 | -86.4% |
| Cash at bank and in hand | 54/58 | €105,191 | €60,702 | -€44,490 | -42.3% |
| Deferred charges and accrued income | 490/1 | €4,505 | €8,850 | +€4,344 | +96.4% |
| Total equity and liabilities | 10/49 | €269,284 | €254,087 | -€15,197 | -5.6% |
| Equity | 10/15 | €253,033 | €249,406 | -€3,627 | -1.4% |
| Contributions | 10/11 | €32,000 | €32,000 | = | 0.0% |
| Reserves | 13 | €238,304 | €238,304 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,200 | €3,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,200 | €3,200 | = | 0.0% |
| Distributable reserves | 133 | €235,104 | €235,104 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,271 | -€20,898 | -€3,627 | -21.0% |
| Amounts payable | 17/49 | €16,250 | €4,681 | -€11,570 | -71.2% |
| Amounts payable within one year | 42/48 | €16,250 | €4,681 | -€11,570 | -71.2% |
| Trade debts | 44 | - | €4,681 | +€4,681 | |
| Suppliers | 440/4 | - | €4,681 | +€4,681 | |
| Advances received on contracts in progress | 46 | €5,000 | - | -€5,000 | |
| Taxes, remuneration and social security | 45 | €11,250 | - | -€11,250 | |
| Taxes | 450/3 | €11,250 | - | -€11,250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,319 | €4,787 | +€467 | +10.8% |
| Other operating charges | 640/8 | €268 | €120 | -€148 | -55.2% |
| Gross operating margin | 9900 | -€20,553 | -€3,183 | +€17,370 | +84.5% |
| Operating profit (loss) | 9901 | -€25,141 | -€8,089 | +€17,051 | +67.8% |
| Financial income | 75/76B | €9,262 | €5,392 | -€3,870 | -41.8% |
| Recurring financial income | 75 | €4,222 | €5,392 | +€1,171 | +27.7% |
| Non-recurring financial income | 76B | €5,041 | - | -€5,041 | |
| Financial charges | 65/66B | €1,393 | €930 | -€462 | -33.2% |
| Recurring financial charges | 65 | €1,393 | €930 | -€462 | -33.2% |
| Profit (loss) for the period before taxes | 9903 | -€17,271 | -€3,627 | +€13,644 | +79.0% |
| Profit (loss) for the period | 9904 | -€17,271 | -€3,627 | +€13,644 | +79.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,271 | -€3,627 | +€13,644 | +79.0% |
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 29 October 2026 via checked.be.