ULTIMATE CONTROL: 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.
ULTIMATE CONTROL
Largest movements
- Receivables within one year -€30,126
down €30,126 (-88.6%), from €34,000 to €3,874
of which Trade receivables: -€31,000
- Other debts -€18,116
no longer reported in 2025 (was €18,116)
- Profit (loss) carried forward -€5,429
down €5,429 (-31.3%), from -€17,326 to -€22,755
- Tax, wage and social debts -€4,371
no longer reported in 2025 (was €4,371)
of which Taxes: -€3,035
- Trade debts -€2,298
down €2,298 (-45.5%), from €5,050 to €2,753
- Gross operating margin -€40,348
down €40,348, from €35,514 to -€4,834
- Staff costs -€23,555
no longer reported in 2025 (was €23,555)
- Depreciation -€9,917
no longer reported in 2025 (was €9,917)
- Taxes -€819
no longer reported in 2025 (was €819)
- Other operating charges -€404
down €404 (-43.2%), from €935 to €531
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 | €40,211 | €9,998 | -€30,213 | -75.1% |
| Fixed assets | 21/28 | €167 | - | -€167 | |
| Financial fixed assets | 28 | €167 | - | -€167 | |
| Current assets | 29/58 | €40,044 | €9,998 | -€30,046 | -75.0% |
| Amounts receivable within one year | 40/41 | €34,000 | €3,874 | -€30,126 | -88.6% |
| Trade receivables | 40 | €34,000 | €3,000 | -€31,000 | -91.2% |
| Other amounts receivable | 41 | - | €874 | +€874 | |
| Cash at bank and in hand | 54/58 | €6,044 | €6,124 | +€80 | +1.3% |
| Total equity and liabilities | 10/49 | €40,211 | €9,998 | -€30,213 | -75.1% |
| Equity | 10/15 | €12,674 | €7,245 | -€5,429 | -42.8% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,326 | -€22,755 | -€5,429 | -31.3% |
| Amounts payable | 17/49 | €27,537 | €2,753 | -€24,784 | -90.0% |
| Amounts payable within one year | 42/48 | €27,537 | €2,753 | -€24,784 | -90.0% |
| Trade debts | 44 | €5,050 | €2,753 | -€2,298 | -45.5% |
| Suppliers | 440/4 | €5,050 | €2,753 | -€2,298 | -45.5% |
| Taxes, remuneration and social security | 45 | €4,371 | - | -€4,371 | |
| Taxes | 450/3 | €3,035 | - | -€3,035 | |
| Remuneration and social security | 454/9 | €1,335 | - | -€1,335 | |
| Other amounts payable | 47/48 | €18,116 | - | -€18,116 | |
| Remuneration, social security and pensions | 62 | €23,555 | - | -€23,555 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,917 | - | -€9,917 | |
| Other operating charges | 640/8 | €935 | €531 | -€404 | -43.2% |
| Gross operating margin | 9900 | €35,514 | -€4,834 | -€40,348 | |
| Operating profit (loss) | 9901 | €1,107 | -€5,366 | -€6,472 | |
| Financial charges | 65/66B | €106 | €63 | -€43 | -40.7% |
| Recurring financial charges | 65 | €106 | €63 | -€43 | -40.7% |
| Profit (loss) for the period before taxes | 9903 | €1,000 | -€5,429 | -€6,429 | |
| Income taxes | 67/77 | €819 | - | -€819 | |
| Profit (loss) for the period | 9904 | €182 | -€5,429 | -€5,610 | |
| Profit (loss) for the period to be appropriated | 9905 | €182 | -€5,429 | -€5,610 |
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 29 September 2026 via checked.be.