WALL EVENTS: 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.
WALL EVENTS
Largest movements
- Tangible fixed assets -€16,477
down €16,477 (-45.8%), from €36,008 to €19,531
of which Furniture and vehicles: -€16,117
- Cash +€7,597
up €7,597 (+185%), from €4,109 to €11,706
mainly Depreciation (+€19,644) and Tax, wage and social debts (+€6,519)
- Financial fixed assets +€1,108
up €1,108 (+201%), from €550 to €1,657
- Deferred charges and accrued income -€1,045
no longer reported in 2025 (was €1,045)
- Receivables within one year -€859
down €859 (-4.5%), from €19,286 to €18,427
of which Trade receivables: -€1,267
- Trade debts -€11,314
down €11,314 (-76.7%), from €14,743 to €3,428
- Tax, wage and social debts +€6,519
up €6,519 (+289%), from €2,255 to €8,773
- Current portion of long-term debt -€5,143
down €5,143 (-49.5%), from €10,390 to €5,246
- Purchases and services +€36,128
up €36,128 (+53.4%), from €67,597 to €103,724
- Turnover +€31,598
up €31,598 (+33.9%), from €93,246 to €124,844
- Gross operating margin -€4,993
down €4,993 (-19.1%), from €26,113 to €21,120
- Depreciation -€1,467
down €1,467 (-7.0%), from €21,112 to €19,644
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 | €61,529 | €51,853 | -€9,676 | -15.7% |
| Fixed assets | 21/28 | €36,558 | €21,188 | -€15,370 | -42.0% |
| Tangible fixed assets | 22/27 | €36,008 | €19,531 | -€16,477 | -45.8% |
| Plant, machinery and equipment | 23 | €1,121 | €761 | -€360 | -32.1% |
| Furniture and vehicles | 24 | €34,887 | €18,769 | -€16,117 | -46.2% |
| Financial fixed assets | 28 | €550 | €1,657 | +€1,108 | +201% |
| Current assets | 29/58 | €24,971 | €30,665 | +€5,693 | +22.8% |
| Stocks and contracts in progress | 3 | €532 | €532 | = | 0.0% |
| Stocks | 30/36 | €532 | €532 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €19,286 | €18,427 | -€859 | -4.5% |
| Trade receivables | 40 | €18,727 | €17,460 | -€1,267 | -6.8% |
| Other amounts receivable | 41 | €559 | €967 | +€408 | +73.1% |
| Cash at bank and in hand | 54/58 | €4,109 | €11,706 | +€7,597 | +185% |
| Deferred charges and accrued income | 490/1 | €1,045 | - | -€1,045 | |
| Total equity and liabilities | 10/49 | €61,529 | €51,853 | -€9,676 | -15.7% |
| Equity | 10/15 | €23,331 | €23,593 | +€262 | +1.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,669 | -€26,407 | +€262 | +1.0% |
| Amounts payable | 17/49 | €38,198 | €28,260 | -€9,938 | -26.0% |
| Amounts payable after more than one year | 17 | €10,811 | €10,811 | = | 0.0% |
| Financial debts | 170/4 | €10,811 | €10,811 | = | 0.0% |
| Amounts payable within one year | 42/48 | €27,387 | €17,448 | -€9,938 | -36.3% |
| Current portion of amounts payable after more than one year | 42 | €10,390 | €5,246 | -€5,143 | -49.5% |
| Trade debts | 44 | €14,743 | €3,428 | -€11,314 | -76.7% |
| Suppliers | 440/4 | €14,743 | €3,428 | -€11,314 | -76.7% |
| Taxes, remuneration and social security | 45 | €2,255 | €8,773 | +€6,519 | +289% |
| Taxes | 450/3 | €2,255 | €8,773 | +€6,519 | +289% |
| Turnover | 70 | €93,246 | €124,844 | +€31,598 | +33.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €67,597 | €103,724 | +€36,128 | +53.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,112 | €19,644 | -€1,467 | -7.0% |
| Other operating charges | 640/8 | €832 | €379 | -€454 | -54.5% |
| Gross operating margin | 9900 | €26,113 | €21,120 | -€4,993 | -19.1% |
| Operating profit (loss) | 9901 | €4,169 | €1,097 | -€3,072 | -73.7% |
| Financial income | 75/76B | €11 | €14 | +€2 | +20.0% |
| Recurring financial income | 75 | €11 | €14 | +€2 | +20.0% |
| Financial charges | 65/66B | €1,234 | €844 | -€390 | -31.6% |
| Recurring financial charges | 65 | €1,234 | €844 | -€390 | -31.6% |
| Profit (loss) for the period before taxes | 9903 | €2,946 | €266 | -€2,680 | -91.0% |
| Income taxes | 67/77 | - | €4 | +€4 | |
| Profit (loss) for the period | 9904 | €2,946 | €262 | -€2,684 | -91.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,946 | €262 | -€2,684 | -91.1% |
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 18 October 2026 via checked.be.