VARIAS: what changed
Two financial 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.
VARIAS
Largest movements
- Receivables within one year -€136,733
down €136,733 (-62.9%), from €217,212 to €80,479
- Cash -€12,250
down €12,250 (-98.8%), from €12,401 to €151
mainly Other debts (-€173,333) and Smaller working-capital items (-€421)
- Other debts -€173,333
down €173,333 (-82.8%), from €209,322 to €35,989
- Tax, wage and social debts +€23,958
up €23,958 (+1,065%), from €2,250 to €26,208
- Gross operating margin +€1,746
up €1,746 (+15.1%), from -€11,580 to -€9,833
- Financial income -€1,512
down €1,512 (-11.3%), from €13,329 to €11,816
- Depreciation -€168
down €168 (-30.3%), from €555 to €386
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.
Derived cash bridge
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 | €232,284 | €83,046 | -€149,238 | -64.2% |
| Fixed assets | 21/28 | €1,209 | €822 | -€386 | -32.0% |
| Tangible fixed assets | 22/27 | €1,049 | €662 | -€386 | -36.9% |
| Furniture and vehicles | 24 | €1,049 | €662 | -€386 | -36.9% |
| Financial fixed assets | 28 | €160 | €160 | = | 0.0% |
| Current assets | 29/58 | €231,076 | €82,223 | -€148,852 | -64.4% |
| Amounts receivable within one year | 40/41 | €217,212 | €80,479 | -€136,733 | -62.9% |
| Other amounts receivable | 41 | €217,212 | €80,479 | -€136,733 | -62.9% |
| Cash at bank and in hand | 54/58 | €12,401 | €151 | -€12,250 | -98.8% |
| Deferred charges and accrued income | 490/1 | €1,463 | €1,594 | +€131 | +9.0% |
| Total equity and liabilities | 10/49 | €232,284 | €83,046 | -€149,238 | -64.2% |
| Equity | 10/15 | €18,600 | €19,026 | +€426 | +2.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €426 | +€426 | |
| Distributable reserves | 133 | - | €426 | +€426 | |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €213,684 | €64,019 | -€149,665 | -70.0% |
| Amounts payable within one year | 42/48 | €213,684 | €64,019 | -€149,665 | -70.0% |
| Trade debts | 44 | €2,112 | €1,823 | -€290 | -13.7% |
| Suppliers | 440/4 | €2,112 | €1,823 | -€290 | -13.7% |
| Taxes, remuneration and social security | 45 | €2,250 | €26,208 | +€23,958 | +1,065% |
| Taxes | 450/3 | €2,250 | €26,208 | +€23,958 | +1,065% |
| Other amounts payable | 47/48 | €209,322 | €35,989 | -€173,333 | -82.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €555 | €386 | -€168 | -30.3% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€11,580 | -€9,833 | +€1,746 | +15.1% |
| Operating profit (loss) | 9901 | -€12,640 | -€10,740 | +€1,900 | +15.0% |
| Financial income | 75/76B | €13,329 | €11,816 | -€1,512 | -11.3% |
| Recurring financial income | 75 | €13,329 | €11,816 | -€1,512 | -11.3% |
| Financial charges | 65/66B | €505 | €486 | -€19 | -3.8% |
| Recurring financial charges | 65 | €505 | €486 | -€19 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | €184 | €591 | +€407 | +221% |
| Income taxes | 67/77 | €184 | €165 | -€19 | -10.3% |
| Profit (loss) for the period | 9904 | €0 | €426 | +€426 | +852,440% |
| Profit (loss) for the period to be appropriated | 9905 | €0 | €426 | +€426 | +852,440% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.