TODAY: 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.
TODAY
Largest movements
- Cash -€9,676
down €9,676 (-30.5%), from €31,754 to €22,077
mainly Other debts (-€14,867) and Provisions (-€2,559)
- Tangible fixed assets -€6,435
down €6,435 (-5.3%), from €121,720 to €115,285
of which Land and buildings: -€6,435
- Other debts -€14,867
down €14,867 (-94.6%), from €15,723 to €856
- Profit (loss) carried forward +€5,217
up €5,217 (+20.9%), from €24,952 to €30,170
- Reserves -€4,971
down €4,971 (-8.0%), from €61,936 to €56,965
of which Tax-exempt reserves: -€4,971
- Provisions -€2,559
down €2,559 (-8.3%), from €30,862 to €28,303
- Other operating charges -€7,727
down €7,727 (-78.9%), from €9,792 to €2,065
- Gross operating margin -€7,075
down €7,075 (-50.5%), from €14,024 to €6,948
- Depreciation -€1,262
down €1,262 (-16.4%), from €7,697 to €6,435
- Taxes +€669
new in 2025: €669
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 | €153,473 | €137,362 | -€16,111 | -10.5% |
| Fixed assets | 21/28 | €121,720 | €115,285 | -€6,435 | -5.3% |
| Tangible fixed assets | 22/27 | €121,720 | €115,285 | -€6,435 | -5.3% |
| Land and buildings | 22 | €121,720 | €115,285 | -€6,435 | -5.3% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Current assets | 29/58 | €31,754 | €22,077 | -€9,676 | -30.5% |
| Cash at bank and in hand | 54/58 | €31,754 | €22,077 | -€9,676 | -30.5% |
| Deferred charges and accrued income | 490/1 | - | €0 | = | |
| Total equity and liabilities | 10/49 | €153,473 | €137,362 | -€16,111 | -10.5% |
| Equity | 10/15 | €106,888 | €107,135 | +€247 | +0.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €61,936 | €56,965 | -€4,971 | -8.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €59,936 | €54,965 | -€4,971 | -8.3% |
| Profit (loss) carried forward | 14 | €24,952 | €30,170 | +€5,217 | +20.9% |
| Provisions and deferred taxes | 16 | €30,862 | €28,303 | -€2,559 | -8.3% |
| Deferred taxes | 168 | €30,862 | €28,303 | -€2,559 | -8.3% |
| Amounts payable | 17/49 | €15,723 | €1,925 | -€13,798 | -87.8% |
| Amounts payable within one year | 42/48 | €15,723 | €1,925 | -€13,798 | -87.8% |
| Trade debts | 44 | - | €400 | +€400 | |
| Suppliers | 440/4 | - | €400 | +€400 | |
| Taxes, remuneration and social security | 45 | - | €669 | +€669 | |
| Taxes | 450/3 | - | €669 | +€669 | |
| Other amounts payable | 47/48 | €15,723 | €856 | -€14,867 | -94.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,697 | €6,435 | -€1,262 | -16.4% |
| Other operating charges | 640/8 | €9,792 | €2,065 | -€7,727 | -78.9% |
| Gross operating margin | 9900 | €14,024 | €6,948 | -€7,075 | -50.5% |
| Operating profit (loss) | 9901 | -€3,465 | -€1,552 | +€1,914 | +55.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €219 | €92 | -€126 | -57.8% |
| Recurring financial charges | 65 | €219 | €92 | -€126 | -57.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,684 | -€1,644 | +€2,040 | +55.4% |
| Transfer from deferred taxes | 780 | €2,559 | €2,559 | = | 0.0% |
| Income taxes | 67/77 | - | €669 | +€669 | |
| Profit (loss) for the period | 9904 | -€1,124 | €247 | +€1,371 | |
| Transfer from tax-exempt reserves | 789 | €4,971 | €4,971 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,846 | €5,217 | +€1,371 | +35.6% |
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 28 September 2026 via checked.be.