TWENTY SEVEN: 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.
TWENTY SEVEN
Largest movements
- Cash +€4,681
up €4,681 (+20.4%), from €22,950 to €27,631
mainly Net result for the year (+€10,198) and Depreciation (+€3,759)
- Tangible fixed assets -€3,759
down €3,759 (-91.7%), from €4,100 to €341
- Receivables within one year -€1,000
down €1,000 (-9.2%), from €10,917 to €9,917
of which Other amounts receivable: -€1,000
- Deferred charges and accrued income -€486
down €486 (-49.0%), from €992 to €505
- Tax, wage and social debts +€1,985
up €1,985 (+97.7%), from €2,031 to €4,016
of which Taxes: +€1,985
- Other debts -€1,977
down €1,977 (-15.2%), from €12,993 to €11,016
- Trade debts -€770
down €770 (-78.1%), from €987 to €217
- Gross operating margin -€7,053
down €7,053 (-27.7%), from €25,465 to €18,412
- Depreciation -€4,106
down €4,106 (-52.2%), from €7,864 to €3,759
- Taxes -€922
down €922 (-18.4%), from €5,000 to €4,078
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 | €38,959 | €38,396 | -€564 | -1.4% |
| Fixed assets | 21/28 | €4,100 | €341 | -€3,759 | -91.7% |
| Tangible fixed assets | 22/27 | €4,100 | €341 | -€3,759 | -91.7% |
| Furniture and vehicles | 24 | €4,100 | €341 | -€3,759 | -91.7% |
| Current assets | 29/58 | €34,859 | €38,054 | +€3,195 | +9.2% |
| Amounts receivable within one year | 40/41 | €10,917 | €9,917 | -€1,000 | -9.2% |
| Trade receivables | 40 | €3,917 | €3,917 | +€0 | 0.0% |
| Other amounts receivable | 41 | €7,000 | €6,000 | -€1,000 | -14.3% |
| Cash at bank and in hand | 54/58 | €22,950 | €27,631 | +€4,681 | +20.4% |
| Deferred charges and accrued income | 490/1 | €992 | €505 | -€486 | -49.0% |
| Total equity and liabilities | 10/49 | €38,959 | €38,396 | -€564 | -1.4% |
| Equity | 10/15 | €22,948 | €23,146 | +€198 | +0.9% |
| Contributions | 10/11 | €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 | €2,488 | €2,686 | +€198 | +8.0% |
| Amounts payable | 17/49 | €16,011 | €15,249 | -€762 | -4.8% |
| Amounts payable within one year | 42/48 | €16,011 | €15,249 | -€762 | -4.8% |
| Trade debts | 44 | €987 | €217 | -€770 | -78.1% |
| Suppliers | 440/4 | €987 | €217 | -€770 | -78.1% |
| Taxes, remuneration and social security | 45 | €2,031 | €4,016 | +€1,985 | +97.7% |
| Taxes | 450/3 | €931 | €2,916 | +€1,985 | +213% |
| Remuneration and social security | 454/9 | €1,100 | €1,100 | = | 0.0% |
| Other amounts payable | 47/48 | €12,993 | €11,016 | -€1,977 | -15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,864 | €3,759 | -€4,106 | -52.2% |
| Other operating charges | 640/8 | €285 | €295 | +€10 | +3.4% |
| Gross operating margin | 9900 | €25,465 | €18,412 | -€7,053 | -27.7% |
| Operating profit (loss) | 9901 | €17,315 | €14,358 | -€2,957 | -17.1% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €115 | €81 | -€33 | -29.2% |
| Recurring financial charges | 65 | €115 | €81 | -€33 | -29.2% |
| Profit (loss) for the period before taxes | 9903 | €17,202 | €14,277 | -€2,925 | -17.0% |
| Income taxes | 67/77 | €5,000 | €4,078 | -€922 | -18.4% |
| Profit (loss) for the period | 9904 | €12,202 | €10,198 | -€2,003 | -16.4% |
| Profit (loss) for the period to be appropriated | 9905 | €12,202 | €10,198 | -€2,003 | -16.4% |
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 13 October 2026 via checked.be.