UNEFFECTED: 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.
UNEFFECTED
Largest movements
- Receivables within one year -€37,292
down €37,292 (-20.9%), from €178,368 to €141,076
of which Trade receivables: -€36,000
- Trade debts -€49,234
down €49,234 (-14.7%), from €334,731 to €285,497
- Profit (loss) carried forward +€29,850
up €29,850 (+11.7%), from -€255,840 to -€225,990
- Tax, wage and social debts -€20,152
down €20,152 (-92.1%), from €21,873 to €1,721
- Gross operating margin +€196,494
up €196,494, from -€166,501 to €29,994
- Financial charges -€11,351
down €11,351 (-97.6%), from €11,630 to €279
- Financial income -€4,522
down €4,522 (-89.4%), from €5,060 to €538
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 | €181,864 | €142,328 | -€39,536 | -21.7% |
| Fixed assets | 21/28 | €3,203 | - | -€3,203 | |
| Tangible fixed assets | 22/27 | €1,703 | - | -€1,703 | |
| Plant, machinery and equipment | 23 | €1,703 | - | -€1,703 | |
| Financial fixed assets | 28 | €1,500 | - | -€1,500 | |
| Current assets | 29/58 | €178,661 | €142,328 | -€36,333 | -20.3% |
| Amounts receivable within one year | 40/41 | €178,368 | €141,076 | -€37,292 | -20.9% |
| Trade receivables | 40 | €167,348 | €131,348 | -€36,000 | -21.5% |
| Other amounts receivable | 41 | €11,020 | €9,728 | -€1,292 | -11.7% |
| Cash at bank and in hand | 54/58 | €292 | €1,251 | +€959 | +327.9% |
| Total equity and liabilities | 10/49 | €181,864 | €142,328 | -€39,536 | -21.7% |
| Equity | 10/15 | -€252,840 | -€222,990 | +€29,850 | +11.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€255,840 | -€225,990 | +€29,850 | +11.7% |
| Amounts payable | 17/49 | €434,704 | €365,318 | -€69,386 | -16.0% |
| Amounts payable after more than one year | 17 | €75,000 | €75,000 | = | 0.0% |
| Other amounts payable | 178/9 | €75,000 | €75,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €359,704 | €290,318 | -€69,386 | -19.3% |
| Trade debts | 44 | €334,731 | €285,497 | -€49,234 | -14.7% |
| Suppliers | 440/4 | €334,731 | €285,497 | -€49,234 | -14.7% |
| Taxes, remuneration and social security | 45 | €21,873 | €1,721 | -€20,152 | -92.1% |
| Taxes | 450/3 | €21,873 | €1,721 | -€20,152 | -92.1% |
| Other amounts payable | 47/48 | €3,100 | €3,100 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,204 | - | -€1,204 | |
| Other operating charges | 640/8 | €396 | €403 | +€7 | +1.8% |
| Gross operating margin | 9900 | -€166,501 | €29,994 | +€196,494 | |
| Operating profit (loss) | 9901 | -€168,100 | €29,591 | +€197,691 | |
| Financial income | 75/76B | €5,060 | €538 | -€4,522 | -89.4% |
| Recurring financial income | 75 | €5,060 | €538 | -€4,522 | -89.4% |
| Financial charges | 65/66B | €11,630 | €279 | -€11,351 | -97.6% |
| Recurring financial charges | 65 | €11,630 | €279 | -€11,351 | -97.6% |
| Profit (loss) for the period before taxes | 9903 | -€174,670 | €29,850 | +€204,520 | |
| Profit (loss) for the period | 9904 | -€174,670 | €29,850 | +€204,520 | |
| Profit (loss) for the period to be appropriated | 9905 | -€174,670 | €29,850 | +€204,520 |
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 7 October 2026 via checked.be.