Trendband: 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.
Trendband
Largest movements
- Receivables within one year +€2,582
up €2,582 (+9.0%), from €28,591 to €31,173
of which Other amounts receivable: +€11,840
- Cash -€1,855
down €1,855 (-61.3%), from €3,026 to €1,171
mainly Trade debts (-€6,190) and Receivables within one year (-€2,582)
- Trade debts -€6,190
down €6,190 (-99.8%), from €6,204 to €14
- Other debts +€4,451
up €4,451 (+6,955%), from €64 to €4,515
- Profit (loss) carried forward +€2,203
up €2,203 (+158%), from €1,395 to €3,598
- Gross operating margin -€1,236
down €1,236 (-41.8%), from €2,956 to €1,720
- Depreciation -€258
no longer reported in 2025 (was €258)
- Financial income -€206
down €206 (-17.3%), from €1,192 to €986
- Financial charges -€108
down €108 (-25.0%), from €432 to €324
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 | €33,764 | €34,306 | +€542 | +1.6% |
| Fixed assets | 21/28 | €5 | €5 | = | 0.0% |
| Financial fixed assets | 28 | €5 | €5 | = | 0.0% |
| Current assets | 29/58 | €33,759 | €34,301 | +€542 | +1.6% |
| Stocks and contracts in progress | 3 | €2,142 | €1,957 | -€185 | -8.6% |
| Stocks | 30/36 | €2,142 | €1,957 | -€185 | -8.6% |
| Amounts receivable within one year | 40/41 | €28,591 | €31,173 | +€2,582 | +9.0% |
| Trade receivables | 40 | €9,485 | €227 | -€9,258 | -97.6% |
| Other amounts receivable | 41 | €19,106 | €30,946 | +€11,840 | +62.0% |
| Cash at bank and in hand | 54/58 | €3,026 | €1,171 | -€1,855 | -61.3% |
| Total equity and liabilities | 10/49 | €33,764 | €34,306 | +€542 | +1.6% |
| Equity | 10/15 | €19,995 | €22,198 | +€2,203 | +11.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,395 | €3,598 | +€2,203 | +158% |
| Amounts payable | 17/49 | €13,769 | €12,108 | -€1,661 | -12.1% |
| Amounts payable after more than one year | 17 | €7,500 | €7,500 | = | 0.0% |
| Other amounts payable | 178/9 | €7,500 | €7,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €6,269 | €4,608 | -€1,661 | -26.5% |
| Trade debts | 44 | €6,204 | €14 | -€6,190 | -99.8% |
| Suppliers | 440/4 | €6,204 | €14 | -€6,190 | -99.8% |
| Taxes, remuneration and social security | 45 | €1 | €79 | +€78 | +7,800% |
| Taxes | 450/3 | €1 | €79 | +€78 | +7,800% |
| Other amounts payable | 47/48 | €64 | €4,515 | +€4,451 | +6,955% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €258 | - | -€258 | |
| Other operating charges | 640/8 | €179 | €179 | = | 0.0% |
| Gross operating margin | 9900 | €2,956 | €1,720 | -€1,236 | -41.8% |
| Operating profit (loss) | 9901 | €2,519 | €1,541 | -€978 | -38.8% |
| Financial income | 75/76B | €1,192 | €986 | -€206 | -17.3% |
| Recurring financial income | 75 | €1,192 | €986 | -€206 | -17.3% |
| Financial charges | 65/66B | €432 | €324 | -€108 | -25.0% |
| Recurring financial charges | 65 | €432 | €324 | -€108 | -25.0% |
| Profit (loss) for the period before taxes | 9903 | €3,279 | €2,203 | -€1,076 | -32.8% |
| Profit (loss) for the period | 9904 | €3,279 | €2,203 | -€1,076 | -32.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,279 | €2,203 | -€1,076 | -32.8% |
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 17 October 2026 via checked.be.