WAY AWAY: 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.
WAY AWAY
Largest movements
- Receivables within one year -€13,224
down €13,224 (-87.7%), from €15,075 to €1,851
of which Trade receivables: -€10,786
- Cash -€10,795
down €10,795 (-96.7%), from €11,168 to €373
mainly Trade debts (-€16,806) and Other debts (-€9,262)
- Stocks and contracts -€500
down €500 (-25.0%), from €2,000 to €1,500
- Trade debts -€16,806
down €16,806 (-98.2%), from €17,119 to €314
- Other debts -€9,262
down €9,262 (-75.1%), from €12,326 to €3,065
- Tax, wage and social debts +€1,412
up €1,412, from €0 to €1,412
of which Taxes: +€1,412
- Gross operating margin -€2,358
down €2,358 (-77.9%), from €3,025 to €668
- Depreciation -€1,895
down €1,895 (-100.0%), from €1,895 to €0
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 | €28,243 | €3,724 | -€24,519 | -86.8% |
| Formation expenses | 20 | €0 | - | = | |
| Current assets | 29/58 | €28,243 | €3,724 | -€24,519 | -86.8% |
| Stocks and contracts in progress | 3 | €2,000 | €1,500 | -€500 | -25.0% |
| Contracts in progress | 37 | €2,000 | €1,500 | -€500 | -25.0% |
| Amounts receivable within one year | 40/41 | €15,075 | €1,851 | -€13,224 | -87.7% |
| Trade receivables | 40 | €12,638 | €1,851 | -€10,786 | -85.4% |
| Other amounts receivable | 41 | €2,438 | €0 | -€2,438 | -100.0% |
| Cash at bank and in hand | 54/58 | €11,168 | €373 | -€10,795 | -96.7% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €28,243 | €3,724 | -€24,519 | -86.8% |
| Equity | 10/15 | -€1,202 | -€1,066 | +€136 | +11.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,202 | -€4,066 | +€136 | +3.2% |
| Amounts payable | 17/49 | €29,445 | €4,790 | -€24,655 | -83.7% |
| Amounts payable within one year | 42/48 | €29,445 | €4,790 | -€24,655 | -83.7% |
| Trade debts | 44 | €17,119 | €314 | -€16,806 | -98.2% |
| Suppliers | 440/4 | €17,119 | €314 | -€16,806 | -98.2% |
| Taxes, remuneration and social security | 45 | €0 | €1,412 | +€1,412 | |
| Taxes | 450/3 | €0 | €1,412 | +€1,412 | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €12,326 | €3,065 | -€9,262 | -75.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,895 | €0 | -€1,895 | -100.0% |
| Other operating charges | 640/8 | €433 | €446 | +€12 | +2.9% |
| Gross operating margin | 9900 | €3,025 | €668 | -€2,358 | -77.9% |
| Operating profit (loss) | 9901 | €697 | €222 | -€475 | -68.1% |
| Financial income | 75/76B | €10 | €23 | +€13 | +134.9% |
| Recurring financial income | 75 | €10 | €23 | +€13 | +134.9% |
| Financial charges | 65/66B | €90 | €109 | +€19 | +21.5% |
| Recurring financial charges | 65 | €90 | €109 | +€19 | +21.5% |
| Profit (loss) for the period before taxes | 9903 | €617 | €136 | -€481 | -77.9% |
| Profit (loss) for the period | 9904 | €617 | €136 | -€481 | -77.9% |
| Profit (loss) for the period to be appropriated | 9905 | €617 | €136 | -€481 | -77.9% |
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 9 October 2026 via checked.be.