UPSIDE: 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.
UPSIDE
Largest movements
- Receivables within one year -€2,330
down €2,330 (-97.6%), from €2,387 to €57
- Deferred charges and accrued income -€373
no longer reported in 2025 (was €373)
- Cash -€174
no longer reported in 2025 (was €174)
mainly Tax, wage and social debts (-€1,300) and Trade debts (-€1,165)
- Tax, wage and social debts -€1,300
down €1,300 (-83.1%), from €1,564 to €264
- Trade debts -€1,165
down €1,165 (-79.4%), from €1,468 to €303
- Profit (loss) carried forward -€558
down €558 (-2.7%), from -€20,533 to -€21,091
- Other debts +€61
new in 2025: €61
- Short-term financial debts +€60
new in 2025: €60
- Gross operating margin -€13,201
down €13,201, from €12,951 to -€250
- Other operating charges -€928
down €928 (-97.4%), from €953 to €25
- Taxes -€296
no longer reported in 2025 (was €296)
- Financial charges -€176
down €176 (-44.8%), from €393 to €217
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 | €2,959 | €57 | -€2,902 | -98.1% |
| Fixed assets | 21/28 | €25 | - | -€25 | |
| Financial fixed assets | 28 | €25 | - | -€25 | |
| Current assets | 29/58 | €2,934 | €57 | -€2,877 | -98.1% |
| Amounts receivable within one year | 40/41 | €2,387 | €57 | -€2,330 | -97.6% |
| Other amounts receivable | 41 | €2,387 | €57 | -€2,330 | -97.6% |
| Cash at bank and in hand | 54/58 | €174 | - | -€174 | |
| Deferred charges and accrued income | 490/1 | €373 | - | -€373 | |
| Total equity and liabilities | 10/49 | €2,959 | €57 | -€2,902 | -98.1% |
| Equity | 10/15 | -€73 | -€631 | -€558 | -764.4% |
| 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 | -€20,533 | -€21,091 | -€558 | -2.7% |
| Amounts payable | 17/49 | €3,032 | €688 | -€2,344 | -77.3% |
| Amounts payable within one year | 42/48 | €3,032 | €688 | -€2,344 | -77.3% |
| Financial debts | 43 | - | €60 | +€60 | |
| Credit institutions | 430/8 | - | €60 | +€60 | |
| Trade debts | 44 | €1,468 | €303 | -€1,165 | -79.4% |
| Suppliers | 440/4 | €1,468 | €303 | -€1,165 | -79.4% |
| Taxes, remuneration and social security | 45 | €1,564 | €264 | -€1,300 | -83.1% |
| Taxes | 450/3 | €1,564 | €264 | -€1,300 | -83.1% |
| Other amounts payable | 47/48 | - | €61 | +€61 | |
| Non-recurring operating income | 76A | €8,000 | - | -€8,000 | |
| Other operating charges | 640/8 | €953 | €25 | -€928 | -97.4% |
| Non-recurring operating charges | 66A | - | €66 | +€66 | |
| Gross operating margin | 9900 | €12,951 | -€250 | -€13,201 | |
| Operating profit (loss) | 9901 | €11,998 | -€341 | -€12,339 | |
| Financial charges | 65/66B | €393 | €217 | -€176 | -44.8% |
| Recurring financial charges | 65 | €393 | €217 | -€176 | -44.8% |
| Profit (loss) for the period before taxes | 9903 | €11,605 | -€558 | -€12,163 | |
| Income taxes | 67/77 | €296 | - | -€296 | |
| Profit (loss) for the period | 9904 | €11,309 | -€558 | -€11,867 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,309 | -€558 | -€11,867 |
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 2 October 2026 via checked.be.