TOTAL EXPOSURE: 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.
TOTAL EXPOSURE
Largest movements
- Tangible fixed assets +€2,065
new in 2025: €2,065
- Receivables within one year +€1,820
up €1,820 (+565%), from €322 to €2,142
of which Trade receivables: +€1,909
- Cash +€214
up €214 (+1,646%), from €13 to €227
mainly Other debts (+€15,670) and Net result for the year (+€3,166)
- Other debts +€15,670
up €15,670 (+84.4%), from €18,569 to €34,239
- Tax, wage and social debts -€14,311
down €14,311 (-99.6%), from €14,370 to €59
of which Remuneration and social security: -€14,357
- Profit (loss) carried forward +€3,166
up €3,166 (+5.8%), from -€54,187 to -€51,021
- Trade debts -€426
down €426 (-37.2%), from €1,144 to €718
- Gross operating margin +€1,984
up €1,984 (+118%), from €1,687 to €3,671
- Depreciation +€282
new in 2025: €282
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 | €355 | €4,454 | +€4,099 | +1,155% |
| Fixed assets | 21/28 | €20 | €2,085 | +€2,065 | +10,325% |
| Tangible fixed assets | 22/27 | - | €2,065 | +€2,065 | |
| Furniture and vehicles | 24 | - | €2,065 | +€2,065 | |
| Financial fixed assets | 28 | €20 | €20 | = | 0.0% |
| Current assets | 29/58 | €335 | €2,369 | +€2,034 | +607% |
| Amounts receivable within one year | 40/41 | €322 | €2,142 | +€1,820 | +565% |
| Trade receivables | 40 | €233 | €2,142 | +€1,909 | +819% |
| Other amounts receivable | 41 | €89 | - | -€89 | |
| Cash at bank and in hand | 54/58 | €13 | €227 | +€214 | +1,646% |
| Total equity and liabilities | 10/49 | €355 | €4,454 | +€4,099 | +1,155% |
| Equity | 10/15 | -€33,728 | -€30,562 | +€3,166 | +9.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,187 | -€51,021 | +€3,166 | +5.8% |
| Amounts payable | 17/49 | €34,083 | €35,016 | +€933 | +2.7% |
| Amounts payable within one year | 42/48 | €34,083 | €35,016 | +€933 | +2.7% |
| Trade debts | 44 | €1,144 | €718 | -€426 | -37.2% |
| Suppliers | 440/4 | €1,144 | €718 | -€426 | -37.2% |
| Taxes, remuneration and social security | 45 | €14,370 | €59 | -€14,311 | -99.6% |
| Taxes | 450/3 | €13 | €59 | +€46 | +354% |
| Remuneration and social security | 454/9 | €14,357 | - | -€14,357 | |
| Other amounts payable | 47/48 | €18,569 | €34,239 | +€15,670 | +84.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €282 | +€282 | |
| Gross operating margin | 9900 | €1,687 | €3,671 | +€1,984 | +118% |
| Operating profit (loss) | 9901 | €1,687 | €3,389 | +€1,702 | +101% |
| Financial charges | 65/66B | €234 | €223 | -€11 | -4.7% |
| Recurring financial charges | 65 | €234 | €223 | -€11 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €1,453 | €3,166 | +€1,713 | +118% |
| Profit (loss) for the period | 9904 | €1,453 | €3,166 | +€1,713 | +118% |
| Profit (loss) for the period to be appropriated | 9905 | €1,453 | €3,166 | +€1,713 | +118% |
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 21 October 2026 via checked.be.