TURNOVER: 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.
TURNOVER
Largest movements
- Cash -€1,910
down €1,910 (-89.5%), from €2,135 to €225
mainly Net result for the year (-€2,019)
- Profit (loss) carried forward -€2,019
down €2,019 (-1.1%), from -€184,197 to -€186,216
- Trade debts +€109
up €109 (+60.0%), from €182 to €290
- Gross operating margin +€1,151
up €1,151 (+43.8%), from -€2,626 to -€1,475
- Financial charges -€44
down €44 (-100.0%), from €44 to €0
- Other operating charges -€34
down €34 (-5.9%), from €578 to €544
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 | €2,135 | €225 | -€1,910 | -89.5% |
| Current assets | 29/58 | €2,135 | €225 | -€1,910 | -89.5% |
| Cash at bank and in hand | 54/58 | €2,135 | €225 | -€1,910 | -89.5% |
| Total equity and liabilities | 10/49 | €2,135 | €225 | -€1,910 | -89.5% |
| Equity | 10/15 | -€161,520 | -€163,539 | -€2,019 | -1.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €16,477 | €16,477 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €16,477 | €16,477 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€184,197 | -€186,216 | -€2,019 | -1.1% |
| Amounts payable | 17/49 | €163,655 | €163,764 | +€109 | +0.1% |
| Amounts payable within one year | 42/48 | €163,655 | €163,764 | +€109 | +0.1% |
| Trade debts | 44 | €182 | €290 | +€109 | +60.0% |
| Suppliers | 440/4 | €182 | €290 | +€109 | +60.0% |
| Other amounts payable | 47/48 | €163,474 | €163,474 | = | 0.0% |
| Other operating charges | 640/8 | €578 | €544 | -€34 | -5.9% |
| Gross operating margin | 9900 | -€2,626 | -€1,475 | +€1,151 | +43.8% |
| Operating profit (loss) | 9901 | -€3,204 | -€2,019 | +€1,185 | +37.0% |
| Financial charges | 65/66B | €44 | €0 | -€44 | -100.0% |
| Recurring financial charges | 65 | €44 | €0 | -€44 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,248 | -€2,019 | +€1,229 | +37.8% |
| Profit (loss) for the period | 9904 | -€3,248 | -€2,019 | +€1,229 | +37.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,248 | -€2,019 | +€1,229 | +37.8% |
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 1 October 2026 via checked.be.