TREND: 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.
TREND
Largest movements
- Cash -€17,917
down €17,917 (-76.6%), from €23,388 to €5,471
mainly Current portion of long-term debt (-€17,256) and Net result for the year (-€2,304)
- Receivables within one year -€2,266
down €2,266 (-31.4%), from €7,208 to €4,941
of which Trade receivables: -€1,409
- Current portion of long-term debt -€17,256
down €17,256 (-91.6%), from €18,842 to €1,586
- Profit (loss) carried forward -€2,304
down €2,304 (-13.2%), from €17,508 to €15,205
- Debts after one year -€1,586
down €1,586 (-2.3%), from €67,721 to €66,135
- Purchases and services -€5,596
down €5,596 (-88.2%), from €6,345 to €749
- Gross operating margin -€4,135
down €4,135, from €3,387 to -€749
- Other operating charges -€3,384
down €3,384 (-80.8%), from €4,188 to €804
- Taxes -€459
down €459 (-58.2%), from €789 to €330
- Financial charges -€328
down €328 (-43.8%), from €749 to €421
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 | €145,596 | €125,412 | -€20,184 | -13.9% |
| Fixed assets | 21/28 | €115,000 | €115,000 | = | 0.0% |
| Financial fixed assets | 28 | €115,000 | €115,000 | = | 0.0% |
| Current assets | 29/58 | €30,596 | €10,412 | -€20,184 | -66.0% |
| Amounts receivable within one year | 40/41 | €7,208 | €4,941 | -€2,266 | -31.4% |
| Trade receivables | 40 | €1,409 | - | -€1,409 | |
| Other amounts receivable | 41 | €5,799 | €4,941 | -€857 | -14.8% |
| Cash at bank and in hand | 54/58 | €23,388 | €5,471 | -€17,917 | -76.6% |
| Total equity and liabilities | 10/49 | €145,596 | €125,412 | -€20,184 | -13.9% |
| Equity | 10/15 | €47,508 | €45,205 | -€2,304 | -4.8% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Contributions outside capital | 11 | €30,000 | €30,000 | = | 0.0% |
| Other | 1109/19 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,508 | €15,205 | -€2,304 | -13.2% |
| Amounts payable | 17/49 | €98,087 | €80,207 | -€17,880 | -18.2% |
| Amounts payable after more than one year | 17 | €67,721 | €66,135 | -€1,586 | -2.3% |
| Financial debts | 170/4 | €67,721 | €66,135 | -€1,586 | -2.3% |
| Amounts payable within one year | 42/48 | €30,366 | €14,072 | -€16,294 | -53.7% |
| Current portion of amounts payable after more than one year | 42 | €18,842 | €1,586 | -€17,256 | -91.6% |
| Taxes, remuneration and social security | 45 | €247 | - | -€247 | |
| Taxes | 450/3 | €247 | - | -€247 | |
| Other amounts payable | 47/48 | €11,277 | €12,486 | +€1,209 | +10.7% |
| Non-recurring operating income | 76A | €2,200 | - | -€2,200 | |
| Goods, raw materials, services and sundry goods | 60/61 | €6,345 | €749 | -€5,596 | -88.2% |
| Other operating charges | 640/8 | €4,188 | €804 | -€3,384 | -80.8% |
| Gross operating margin | 9900 | €3,387 | -€749 | -€4,135 | |
| Operating profit (loss) | 9901 | -€802 | -€1,553 | -€751 | -93.6% |
| Financial charges | 65/66B | €749 | €421 | -€328 | -43.8% |
| Recurring financial charges | 65 | €749 | €421 | -€328 | -43.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,551 | -€1,974 | -€423 | -27.3% |
| Income taxes | 67/77 | €789 | €330 | -€459 | -58.2% |
| Profit (loss) for the period | 9904 | -€2,340 | -€2,304 | +€36 | +1.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,340 | -€2,304 | +€36 | +1.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.