TOFIND: 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.
TOFIND
Largest movements
- Cash -€1,326
down €1,326 (-38.5%), from €3,449 to €2,122
mainly Other debts (-€30,506) and Investment in fixed assets (net) (-€1,974)
- Receivables within one year -€831
down €831 (-13.6%), from €6,121 to €5,289
of which Other amounts receivable: -€458
- Tangible fixed assets -€511
down €511 (-13.4%), from €3,821 to €3,310
- Other debts -€30,506
down €30,506 (-79.6%), from €38,326 to €7,820
- Profit (loss) carried forward +€24,427
up €24,427 (+53.3%), from -€45,869 to -€21,442
- Tax, wage and social debts +€3,850
new in 2025: €3,850
- Trade debts -€439
down €439 (-93.0%), from €473 to €33
- Gross operating margin +€20,420
up €20,420 (+308.2%), from €6,626 to €27,046
- Depreciation +€1,173
up €1,173 (+89.3%), from €1,313 to €2,485
- Other operating charges -€730
down €730 (-97.6%), from €748 to €18
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 | €13,390 | €10,721 | -€2,668 | -19.9% |
| Fixed assets | 21/28 | €3,821 | €3,310 | -€511 | -13.4% |
| Tangible fixed assets | 22/27 | €3,821 | €3,310 | -€511 | -13.4% |
| Furniture and vehicles | 24 | €3,821 | €3,310 | -€511 | -13.4% |
| Current assets | 29/58 | €9,569 | €7,412 | -€2,158 | -22.5% |
| Amounts receivable within one year | 40/41 | €6,121 | €5,289 | -€831 | -13.6% |
| Trade receivables | 40 | €5,663 | €5,289 | -€373 | -6.6% |
| Other amounts receivable | 41 | €458 | - | -€458 | |
| Cash at bank and in hand | 54/58 | €3,449 | €2,122 | -€1,326 | -38.5% |
| Total equity and liabilities | 10/49 | €13,390 | €10,721 | -€2,668 | -19.9% |
| Equity | 10/15 | -€25,409 | -€982 | +€24,427 | +96.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | -€45,869 | -€21,442 | +€24,427 | +53.3% |
| Amounts payable | 17/49 | €38,798 | €11,703 | -€27,095 | -69.8% |
| Amounts payable within one year | 42/48 | €38,798 | €11,703 | -€27,095 | -69.8% |
| Trade debts | 44 | €473 | €33 | -€439 | -93.0% |
| Suppliers | 440/4 | €473 | €33 | -€439 | -93.0% |
| Taxes, remuneration and social security | 45 | - | €3,850 | +€3,850 | |
| Taxes | 450/3 | - | €3,850 | +€3,850 | |
| Other amounts payable | 47/48 | €38,326 | €7,820 | -€30,506 | -79.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,313 | €2,485 | +€1,173 | +89.3% |
| Other operating charges | 640/8 | €748 | €18 | -€730 | -97.6% |
| Gross operating margin | 9900 | €6,626 | €27,046 | +€20,420 | +308.2% |
| Operating profit (loss) | 9901 | €4,566 | €24,543 | +€19,978 | +437.6% |
| Financial income | 75/76B | - | €15 | +€15 | |
| Recurring financial income | 75 | - | €15 | +€15 | |
| Financial charges | 65/66B | €126 | €132 | +€6 | +4.4% |
| Recurring financial charges | 65 | €126 | €132 | +€6 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | €4,439 | €24,427 | +€19,987 | +450.2% |
| Profit (loss) for the period | 9904 | €4,439 | €24,427 | +€19,987 | +450.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,439 | €24,427 | +€19,987 | +450.2% |
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 4 October 2026 via checked.be.