UNIT 18: 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.
UNIT 18
Largest movements
- Receivables within one year -€22,646
no longer reported in 2025 (was €22,646)
of which Trade receivables: -€22,433
- Cash -€1,844
down €1,844 (-84.8%), from €2,175 to €331
mainly Trade debts (-€42,101) and Net result for the year (-€3,470)
- Tangible fixed assets -€886
no longer reported in 2025 (was €886)
- Trade debts -€42,101
down €42,101 (-95.3%), from €44,197 to €2,096
- Other debts +€17,531
up €17,531 (+3113.9%), from €563 to €18,094
- Profit (loss) carried forward -€3,470
down €3,470 (-14.4%), from -€24,053 to -€27,523
- Tax, wage and social debts +€2,664
new in 2025: €2,664
- Gross operating margin +€23,019
up €23,019 (+91.5%), from -€25,166 to -€2,147
- Financial charges -€848
down €848 (-55.2%), from €1,535 to €687
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 | €25,707 | €331 | -€25,376 | -98.7% |
| Fixed assets | 21/28 | €886 | - | -€886 | |
| Tangible fixed assets | 22/27 | €886 | - | -€886 | |
| Plant, machinery and equipment | 23 | €886 | - | -€886 | |
| Current assets | 29/58 | €24,821 | €331 | -€24,490 | -98.7% |
| Amounts receivable within one year | 40/41 | €22,646 | - | -€22,646 | |
| Trade receivables | 40 | €22,433 | - | -€22,433 | |
| Other amounts receivable | 41 | €213 | - | -€213 | |
| Cash at bank and in hand | 54/58 | €2,175 | €331 | -€1,844 | -84.8% |
| Total equity and liabilities | 10/49 | €25,707 | €331 | -€25,376 | -98.7% |
| Equity | 10/15 | -€19,053 | -€22,523 | -€3,470 | -18.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,053 | -€27,523 | -€3,470 | -14.4% |
| Amounts payable | 17/49 | €44,760 | €22,854 | -€21,906 | -48.9% |
| Amounts payable within one year | 42/48 | €44,760 | €22,854 | -€21,906 | -48.9% |
| Trade debts | 44 | €44,197 | €2,096 | -€42,101 | -95.3% |
| Suppliers | 440/4 | €44,197 | €2,096 | -€42,101 | -95.3% |
| Taxes, remuneration and social security | 45 | - | €2,664 | +€2,664 | |
| Taxes | 450/3 | - | €2,664 | +€2,664 | |
| Other amounts payable | 47/48 | €563 | €18,094 | +€17,531 | +3113.9% |
| Non-recurring operating income | 76A | €1,198 | - | -€1,198 | |
| Other operating charges | 640/8 | €168 | €50 | -€118 | -70.2% |
| Non-recurring operating charges | 66A | - | €586 | +€586 | |
| Gross operating margin | 9900 | -€25,166 | -€2,147 | +€23,019 | +91.5% |
| Operating profit (loss) | 9901 | -€25,334 | -€2,783 | +€22,551 | +89.0% |
| Financial charges | 65/66B | €1,535 | €687 | -€848 | -55.2% |
| Recurring financial charges | 65 | €1,535 | €687 | -€848 | -55.2% |
| Profit (loss) for the period before taxes | 9903 | -€26,869 | -€3,470 | +€23,399 | +87.1% |
| Profit (loss) for the period | 9904 | -€26,869 | -€3,470 | +€23,399 | +87.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,869 | -€3,470 | +€23,399 | +87.1% |
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.