VISUAL DESIGN: 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.
VISUAL DESIGN
Largest movements
- Cash -€7,625
no longer reported in 2025 (was €7,625)
mainly Advances received (-€9,317) and Receivables within one year (-€1,969)
- Receivables within one year +€1,969
up €1,969 (+35.1%), from €5,602 to €7,571
of which Other amounts receivable: +€1,359
- Receivables after one year -€1,000
down €1,000 (-18.2%), from €5,500 to €4,500
- Tangible fixed assets -€374
down €374 (-40.1%), from €934 to €560
- Advances received -€9,317
no longer reported in 2025 (was €9,317)
- Short-term financial debts +€2,958
new in 2025: €2,958
- Trade debts +€2,133
up €2,133 (+262.1%), from €814 to €2,947
- Tax, wage and social debts -€1,413
down €1,413 (-33.6%), from €4,204 to €2,791
of which Taxes: -€2,733
- Profit (loss) carried forward -€1,392
down €1,392 (-10.5%), from -€13,273 to -€14,665
- Gross operating margin -€4,225
down €4,225 (-59.5%), from €7,102 to €2,876
- Financial charges +€2,132
up €2,132 (+139.1%), from €1,533 to €3,665
- Taxes -€647
down €647 (-87.5%), from €739 to €92
- Other operating charges +€539
up €539 (+547.8%), from €98 to €637
- Financial income +€314
up €314 (+168.5%), from €186 to €500
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 | €19,661 | €12,631 | -€7,030 | -35.8% |
| Fixed assets | 21/28 | €934 | €560 | -€374 | -40.1% |
| Tangible fixed assets | 22/27 | €934 | €560 | -€374 | -40.1% |
| Furniture and vehicles | 24 | €934 | €560 | -€374 | -40.1% |
| Current assets | 29/58 | €18,727 | €12,071 | -€6,656 | -35.5% |
| Amounts receivable after more than one year | 29 | €5,500 | €4,500 | -€1,000 | -18.2% |
| Other amounts receivable | 291 | €5,500 | €4,500 | -€1,000 | -18.2% |
| Amounts receivable within one year | 40/41 | €5,602 | €7,571 | +€1,969 | +35.1% |
| Trade receivables | 40 | - | €610 | +€610 | |
| Other amounts receivable | 41 | €5,602 | €6,961 | +€1,359 | +24.3% |
| Cash at bank and in hand | 54/58 | €7,625 | - | -€7,625 | |
| Total equity and liabilities | 10/49 | €19,661 | €12,631 | -€7,030 | -35.8% |
| Equity | 10/15 | €5,327 | €3,935 | -€1,392 | -26.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,273 | -€14,665 | -€1,392 | -10.5% |
| Amounts payable | 17/49 | €14,334 | €8,696 | -€5,639 | -39.3% |
| Amounts payable within one year | 42/48 | €14,334 | €8,696 | -€5,639 | -39.3% |
| Financial debts | 43 | - | €2,958 | +€2,958 | |
| Credit institutions | 430/8 | - | €2,958 | +€2,958 | |
| Trade debts | 44 | €814 | €2,947 | +€2,133 | +262.1% |
| Suppliers | 440/4 | €814 | €2,947 | +€2,133 | +262.1% |
| Advances received on contracts in progress | 46 | €9,317 | - | -€9,317 | |
| Taxes, remuneration and social security | 45 | €4,204 | €2,791 | -€1,413 | -33.6% |
| Taxes | 450/3 | €4,204 | €1,471 | -€2,733 | -65.0% |
| Remuneration and social security | 454/9 | - | €1,320 | +€1,320 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €374 | €374 | = | 0.0% |
| Other operating charges | 640/8 | €98 | €637 | +€539 | +547.8% |
| Gross operating margin | 9900 | €7,102 | €2,876 | -€4,225 | -59.5% |
| Operating profit (loss) | 9901 | €6,629 | €1,865 | -€4,764 | -71.9% |
| Financial income | 75/76B | €186 | €500 | +€314 | +168.5% |
| Recurring financial income | 75 | €186 | €500 | +€314 | +168.5% |
| Financial charges | 65/66B | €1,533 | €3,665 | +€2,132 | +139.1% |
| Recurring financial charges | 65 | €1,533 | €3,665 | +€2,132 | +139.1% |
| Profit (loss) for the period before taxes | 9903 | €5,282 | -€1,299 | -€6,582 | |
| Income taxes | 67/77 | €739 | €92 | -€647 | -87.5% |
| Profit (loss) for the period | 9904 | €4,543 | -€1,392 | -€5,935 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,543 | -€1,392 | -€5,935 |
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 10 October 2026 via checked.be.