TO BE I: 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.
TO BE I
Largest movements
- Receivables within one year -€7,574
down €7,574 (-18.2%), from €41,652 to €34,077
of which Other amounts receivable: -€7,574
- Cash +€4,411
up €4,411 (+7.5%), from €58,465 to €62,876
mainly Receivables within one year (+€7,574)
- Other debts -€1,787
down €1,787 (-100%), from €1,787 to €0
- Profit (loss) carried forward -€1,377
down €1,377 (-3.0%), from €45,270 to €43,893
- Purchases and services -€128,540
down €128,540 (-98.6%), from €130,340 to €1,800
- Turnover -€100,890
no longer reported in 2025 (was €100,890)
- Gross operating margin +€27,650
up €27,650 (+93.9%), from -€29,450 to -€1,800
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 | €100,117 | €96,953 | -€3,164 | -3.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €100,117 | €96,953 | -€3,164 | -3.2% |
| Amounts receivable within one year | 40/41 | €41,652 | €34,077 | -€7,574 | -18.2% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €41,652 | €34,077 | -€7,574 | -18.2% |
| Cash at bank and in hand | 54/58 | €58,465 | €62,876 | +€4,411 | +7.5% |
| Total equity and liabilities | 10/49 | €100,117 | €96,953 | -€3,164 | -3.2% |
| Equity | 10/15 | €98,330 | €96,953 | -€1,377 | -1.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €46,860 | €46,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €45,000 | €45,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,270 | €43,893 | -€1,377 | -3.0% |
| Amounts payable | 17/49 | €1,787 | €0 | -€1,787 | -100% |
| Amounts payable within one year | 42/48 | €1,787 | €0 | -€1,787 | -100% |
| Trade debts | 44 | €0 | €0 | = | |
| Suppliers | 440/4 | €0 | €0 | = | |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,787 | €0 | -€1,787 | -100% |
| Turnover | 70 | €100,890 | - | -€100,890 | |
| Goods, raw materials, services and sundry goods | 60/61 | €130,340 | €1,800 | -€128,540 | -98.6% |
| Other operating charges | 640/8 | €451 | €465 | +€14 | +3.2% |
| Non-recurring operating charges | 66A | €414 | - | -€414 | |
| Gross operating margin | 9900 | -€29,450 | -€1,800 | +€27,650 | +93.9% |
| Operating profit (loss) | 9901 | -€30,314 | -€2,265 | +€28,049 | +92.5% |
| Financial income | 75/76B | €1,313 | €1,092 | -€222 | -16.9% |
| Recurring financial income | 75 | €1,313 | €1,092 | -€222 | -16.9% |
| Financial charges | 65/66B | €201 | €154 | -€47 | -23.3% |
| Recurring financial charges | 65 | €201 | €154 | -€47 | -23.3% |
| Profit (loss) for the period before taxes | 9903 | -€29,202 | -€1,328 | +€27,874 | +95.5% |
| Income taxes | 67/77 | €20 | €49 | +€28 | +139% |
| Profit (loss) for the period | 9904 | -€29,223 | -€1,377 | +€27,846 | +95.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,223 | -€1,377 | +€27,846 | +95.3% |
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 23 October 2026 via checked.be.