vormen: 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.
vormen
Largest movements
- Receivables within one year +€4,992
up €4,992 (+35.0%), from €14,283 to €19,275
of which Other amounts receivable: +€11,499
- Tangible fixed assets -€4,162
down €4,162 (-27.1%), from €15,356 to €11,194
- Cash -€4,036
down €4,036 (-45.3%), from €8,908 to €4,872
mainly Net result for the year (-€5,796) and Receivables within one year (-€4,992)
- Stocks and contracts +€2,450
up €2,450 (+96.1%), from €2,550 to €5,000
- Profit (loss) carried forward -€5,796
down €5,796, from €228 to -€5,568
- Advances received +€3,652
new in 2025: €3,652
- Tax, wage and social debts +€3,122
up €3,122 (+190.0%), from €1,643 to €4,764
- Trade debts -€1,662
down €1,662 (-45.9%), from €3,619 to €1,957
- Gross operating margin -€10,138
down €10,138, from €9,126 to -€1,012
- Depreciation -€1,137
down €1,137 (-21.5%), from €5,299 to €4,162
- Taxes -€1,054
no longer reported in 2025 (was €1,054)
- Financial charges -€192
down €192 (-61.1%), from €313 to €122
- Other operating charges +€186
up €186 (+57.6%), from €323 to €509
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 | €41,097 | €40,341 | -€755 | -1.8% |
| Fixed assets | 21/28 | €15,356 | €11,194 | -€4,162 | -27.1% |
| Tangible fixed assets | 22/27 | €15,356 | €11,194 | -€4,162 | -27.1% |
| Plant, machinery and equipment | 23 | €4,444 | €2,929 | -€1,515 | -34.1% |
| Furniture and vehicles | 24 | €5,652 | €3,939 | -€1,714 | -30.3% |
| Other tangible fixed assets | 26 | €5,260 | €4,327 | -€933 | -17.7% |
| Current assets | 29/58 | €25,741 | €29,147 | +€3,406 | +13.2% |
| Stocks and contracts in progress | 3 | €2,550 | €5,000 | +€2,450 | +96.1% |
| Stocks | 30/36 | €2,550 | €5,000 | +€2,450 | +96.1% |
| Amounts receivable within one year | 40/41 | €14,283 | €19,275 | +€4,992 | +35.0% |
| Trade receivables | 40 | €8,115 | €1,608 | -€6,507 | -80.2% |
| Other amounts receivable | 41 | €6,167 | €17,667 | +€11,499 | +186.5% |
| Cash at bank and in hand | 54/58 | €8,908 | €4,872 | -€4,036 | -45.3% |
| Total equity and liabilities | 10/49 | €41,097 | €40,341 | -€755 | -1.8% |
| Equity | 10/15 | €25,728 | €19,932 | -€5,796 | -22.5% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €24,000 | €24,000 | = | 0.0% |
| Distributable reserves | 133 | €24,000 | €24,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €228 | -€5,568 | -€5,796 | |
| Amounts payable | 17/49 | €15,369 | €20,409 | +€5,040 | +32.8% |
| Amounts payable within one year | 42/48 | €15,369 | €20,409 | +€5,040 | +32.8% |
| Trade debts | 44 | €3,619 | €1,957 | -€1,662 | -45.9% |
| Suppliers | 440/4 | €3,619 | €1,957 | -€1,662 | -45.9% |
| Advances received on contracts in progress | 46 | - | €3,652 | +€3,652 | |
| Taxes, remuneration and social security | 45 | €1,643 | €4,764 | +€3,122 | +190.0% |
| Taxes | 450/3 | €1,643 | €4,764 | +€3,122 | +190.0% |
| Other amounts payable | 47/48 | €10,107 | €10,036 | -€72 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,299 | €4,162 | -€1,137 | -21.5% |
| Other operating charges | 640/8 | €323 | €509 | +€186 | +57.6% |
| Gross operating margin | 9900 | €9,126 | -€1,012 | -€10,138 | |
| Operating profit (loss) | 9901 | €3,505 | -€5,682 | -€9,187 | |
| Financial income | 75/76B | €10 | €8 | -€2 | -16.5% |
| Recurring financial income | 75 | €10 | €8 | -€2 | -16.5% |
| Financial charges | 65/66B | €313 | €122 | -€192 | -61.1% |
| Recurring financial charges | 65 | €313 | €122 | -€192 | -61.1% |
| Profit (loss) for the period before taxes | 9903 | €3,201 | -€5,796 | -€8,997 | |
| Income taxes | 67/77 | €1,054 | - | -€1,054 | |
| Profit (loss) for the period | 9904 | €2,147 | -€5,796 | -€7,943 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,147 | -€5,796 | -€7,943 |
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.