UP FOR IT: 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.
UP FOR IT
Largest movements
- Receivables within one year -€27,429
down €27,429 (-82.8%), from €33,112 to €5,683
- Cash +€1,729
up €1,729 (+123.7%), from €1,397 to €3,126
mainly Receivables within one year (+€27,429) and Other debts (+€15,703)
- Tangible fixed assets -€657
down €657 (-22.0%), from €2,986 to €2,329
- Profit (loss) carried forward -€24,354
down €24,354 (-291.8%), from -€8,347 to -€32,701
- Trade debts -€16,343
down €16,343 (-93.6%), from €17,458 to €1,115
- Other debts +€15,703
up €15,703 (+69.8%), from €22,509 to €38,212
- Tax, wage and social debts -€1,586
down €1,586 (-42.5%), from €3,732 to €2,146
of which Taxes: -€1,140
- Gross operating margin -€16,359
down €16,359 (-387.9%), from -€4,217 to -€20,576
- Staff costs -€807
down €807 (-22.8%), from €3,532 to €2,725
- Depreciation +€321
up €321 (+57.5%), from €559 to €880
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 | €38,351 | €11,771 | -€26,580 | -69.3% |
| Formation expenses | 20 | €856 | €633 | -€223 | -26.1% |
| Fixed assets | 21/28 | €2,986 | €2,329 | -€657 | -22.0% |
| Tangible fixed assets | 22/27 | €2,986 | €2,329 | -€657 | -22.0% |
| Plant, machinery and equipment | 23 | €2,986 | €2,329 | -€657 | -22.0% |
| Current assets | 29/58 | €34,510 | €8,810 | -€25,700 | -74.5% |
| Amounts receivable within one year | 40/41 | €33,112 | €5,683 | -€27,429 | -82.8% |
| Trade receivables | 40 | €33,112 | €5,683 | -€27,429 | -82.8% |
| Cash at bank and in hand | 54/58 | €1,397 | €3,126 | +€1,729 | +123.7% |
| Total equity and liabilities | 10/49 | €38,351 | €11,771 | -€26,580 | -69.3% |
| Equity | 10/15 | -€5,347 | -€29,701 | -€24,354 | -455.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,347 | -€32,701 | -€24,354 | -291.8% |
| Amounts payable | 17/49 | €43,699 | €41,473 | -€2,226 | -5.1% |
| Amounts payable within one year | 42/48 | €43,699 | €41,473 | -€2,226 | -5.1% |
| Trade debts | 44 | €17,458 | €1,115 | -€16,343 | -93.6% |
| Suppliers | 440/4 | €17,458 | €1,115 | -€16,343 | -93.6% |
| Taxes, remuneration and social security | 45 | €3,732 | €2,146 | -€1,586 | -42.5% |
| Taxes | 450/3 | €3,286 | €2,146 | -€1,140 | -34.7% |
| Remuneration and social security | 454/9 | €446 | - | -€446 | |
| Other amounts payable | 47/48 | €22,509 | €38,212 | +€15,703 | +69.8% |
| Remuneration, social security and pensions | 62 | €3,532 | €2,725 | -€807 | -22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €559 | €880 | +€321 | +57.5% |
| Other operating charges | 640/8 | €17 | - | -€17 | |
| Gross operating margin | 9900 | -€4,217 | -€20,576 | -€16,359 | -387.9% |
| Operating profit (loss) | 9901 | -€8,325 | -€24,181 | -€15,856 | -190.5% |
| Financial income | 75/76B | €4 | €11 | +€8 | +191.4% |
| Recurring financial income | 75 | €4 | €11 | +€8 | +191.4% |
| Financial charges | 65/66B | €27 | €184 | +€158 | +590.7% |
| Recurring financial charges | 65 | €27 | €184 | +€158 | +590.7% |
| Profit (loss) for the period before taxes | 9903 | -€8,347 | -€24,354 | -€16,007 | -191.8% |
| Profit (loss) for the period | 9904 | -€8,347 | -€24,354 | -€16,007 | -191.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,347 | -€24,354 | -€16,007 | -191.8% |
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 5 October 2026 via checked.be.