WE DID IT !: what changed
Two fiscal 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.
WE DID IT !
Largest movements
- Cash -€2,577
down €2,577 (-10.9%), from €23,542 to €20,965
mainly Net result for the year (-€8,142) and Investment in fixed assets (net) (-€2,260)
- Receivables after one year -€2,126
down €2,126 (-42.3%), from €5,027 to €2,901
- Deferred charges and accrued income -€472
down €472 (-16.0%), from €2,946 to €2,474
- Profit (loss) carried forward -€8,142
down €8,142 (-20.5%), from -€39,742 to -€47,885
- Trade debts +€2,115
up €2,115 (+244.9%), from €864 to €2,979
- Accrued charges and deferred income +€1,600
new in 2025: €1,600
- Other debts -€493
down €493 (-19.5%), from €2,536 to €2,043
- Gross operating margin -€3,586
down €3,586 (-177.4%), from -€2,021 to -€5,607
- Financial income +€168
up €168 (+136.4%), from €123 to €290
- Depreciation +€160
up €160 (+7.7%), from €2,083 to €2,243
- Other operating charges -€61
down €61 (-13.2%), from €460 to €400
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 | €44,925 | €39,767 | -€5,158 | -11.5% |
| Fixed assets | 21/28 | €8,691 | €8,709 | +€18 | +0.2% |
| Tangible fixed assets | 22/27 | €8,691 | €8,709 | +€18 | +0.2% |
| Plant, machinery and equipment | 23 | €2,028 | €1,521 | -€507 | -25.0% |
| Furniture and vehicles | 24 | €6,664 | €7,188 | +€524 | +7.9% |
| Current assets | 29/58 | €36,234 | €31,059 | -€5,175 | -14.3% |
| Amounts receivable after more than one year | 29 | €5,027 | €2,901 | -€2,126 | -42.3% |
| Other amounts receivable | 291 | €5,027 | €2,901 | -€2,126 | -42.3% |
| Amounts receivable within one year | 40/41 | €4,719 | €4,719 | = | 0.0% |
| Trade receivables | 40 | €4,719 | €4,719 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €23,542 | €20,965 | -€2,577 | -10.9% |
| Deferred charges and accrued income | 490/1 | €2,946 | €2,474 | -€472 | -16.0% |
| Total equity and liabilities | 10/49 | €44,925 | €39,767 | -€5,158 | -11.5% |
| Equity | 10/15 | €39,418 | €31,276 | -€8,142 | -20.7% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €72,963 | €72,963 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €71,104 | €71,104 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,742 | -€47,885 | -€8,142 | -20.5% |
| Amounts payable | 17/49 | €5,507 | €8,492 | +€2,985 | +54.2% |
| Amounts payable within one year | 42/48 | €5,507 | €6,892 | +€1,385 | +25.1% |
| Trade debts | 44 | €864 | €2,979 | +€2,115 | +244.9% |
| Suppliers | 440/4 | €864 | €2,979 | +€2,115 | +244.9% |
| Taxes, remuneration and social security | 45 | €2,107 | €1,870 | -€238 | -11.3% |
| Taxes | 450/3 | €2,107 | €1,870 | -€238 | -11.3% |
| Other amounts payable | 47/48 | €2,536 | €2,043 | -€493 | -19.5% |
| Accrued charges and deferred income | 492/3 | - | €1,600 | +€1,600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,083 | €2,243 | +€160 | +7.7% |
| Other operating charges | 640/8 | €460 | €400 | -€61 | -13.2% |
| Gross operating margin | 9900 | -€2,021 | -€5,607 | -€3,586 | -177.4% |
| Operating profit (loss) | 9901 | -€4,564 | -€8,250 | -€3,685 | -80.7% |
| Financial income | 75/76B | €123 | €290 | +€168 | +136.4% |
| Recurring financial income | 75 | €123 | €290 | +€168 | +136.4% |
| Financial charges | 65/66B | €54 | €42 | -€12 | -21.4% |
| Recurring financial charges | 65 | €54 | €42 | -€12 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,495 | -€8,001 | -€3,506 | -78.0% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€4,635 | -€8,142 | -€3,508 | -75.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,635 | -€8,142 | -€3,508 | -75.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.