WEB IGNITER: 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.
WEB IGNITER
Largest movements
- Cash -€10,320
down €10,320 (-77.0%), from €13,400 to €3,079
mainly Net result for the year (-€8,314) and Other debts (-€3,593)
- Tangible fixed assets -€2,132
down €2,132 (-66.9%), from €3,186 to €1,054
of which Plant, machinery and equipment: -€1,923
- Receivables within one year +€930
up €930 (+9.6%), from €9,702 to €10,632
of which Trade receivables: +€894
- Deferred charges and accrued income -€312
down €312 (-68.6%), from €454 to €143
- Profit (loss) carried forward -€8,314
down €8,314 (-294%), from -€2,826 to -€11,140
- Other debts -€3,593
down €3,593 (-50.0%), from €7,193 to €3,599
- Gross operating margin -€3,786
down €3,786, from €256 to -€3,531
- Other operating charges +€1,956
up €1,956 (+505%), from €387 to €2,343
- Financial charges -€846
down €846 (-64.8%), from €1,305 to €459
- Depreciation -€740
down €740 (-25.8%), from €2,872 to €2,132
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 | €26,742 | €14,907 | -€11,834 | -44.3% |
| Fixed assets | 21/28 | €3,186 | €1,054 | -€2,132 | -66.9% |
| Tangible fixed assets | 22/27 | €3,186 | €1,054 | -€2,132 | -66.9% |
| Plant, machinery and equipment | 23 | €2,977 | €1,054 | -€1,923 | -64.6% |
| Furniture and vehicles | 24 | €208 | - | -€208 | |
| Current assets | 29/58 | €23,556 | €13,853 | -€9,703 | -41.2% |
| Amounts receivable within one year | 40/41 | €9,702 | €10,632 | +€930 | +9.6% |
| Trade receivables | 40 | €6,589 | €7,484 | +€894 | +13.6% |
| Other amounts receivable | 41 | €3,113 | €3,148 | +€35 | +1.1% |
| Cash at bank and in hand | 54/58 | €13,400 | €3,079 | -€10,320 | -77.0% |
| Deferred charges and accrued income | 490/1 | €454 | €143 | -€312 | -68.6% |
| Total equity and liabilities | 10/49 | €26,742 | €14,907 | -€11,834 | -44.3% |
| Equity | 10/15 | €19,199 | €10,885 | -€8,314 | -43.3% |
| Contributions | 10/11 | €14,900 | €14,900 | = | 0.0% |
| Reserves | 13 | €7,125 | €7,125 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,265 | €5,265 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,826 | -€11,140 | -€8,314 | -294% |
| Amounts payable | 17/49 | €7,542 | €4,022 | -€3,520 | -46.7% |
| Amounts payable within one year | 42/48 | €7,542 | €4,022 | -€3,520 | -46.7% |
| Trade debts | 44 | €350 | €423 | +€73 | +20.9% |
| Suppliers | 440/4 | €350 | €423 | +€73 | +20.9% |
| Other amounts payable | 47/48 | €7,193 | €3,599 | -€3,593 | -50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,872 | €2,132 | -€740 | -25.8% |
| Other operating charges | 640/8 | €387 | €2,343 | +€1,956 | +505% |
| Gross operating margin | 9900 | €256 | -€3,531 | -€3,786 | |
| Operating profit (loss) | 9901 | -€3,003 | -€8,005 | -€5,002 | -167% |
| Financial income | 75/76B | €131 | €150 | +€19 | +14.4% |
| Recurring financial income | 75 | €131 | €150 | +€19 | +14.4% |
| Financial charges | 65/66B | €1,305 | €459 | -€846 | -64.8% |
| Recurring financial charges | 65 | €1,305 | €459 | -€846 | -64.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,177 | -€8,314 | -€4,137 | -99.0% |
| Profit (loss) for the period | 9904 | -€4,177 | -€8,314 | -€4,137 | -99.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,177 | -€8,314 | -€4,137 | -99.0% |
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 14 October 2026 via checked.be.