WHATEVER: 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.
WHATEVER
Largest movements
- Cash +€114,446
up €114,446 (+40.1%), from €285,725 to €400,171
mainly Depreciation (+€70,952) and Deferred charges and accrued income (+€44,624)
- Deferred charges and accrued income -€44,624
down €44,624 (-89.6%), from €49,824 to €5,200
- Intangible fixed assets -€40,000
down €40,000 (-33.3%), from €120,000 to €80,000
- Receivables within one year -€30,529
down €30,529 (-12.7%), from €240,847 to €210,318
of which Trade receivables: -€42,481
- Tangible fixed assets -€10,952
down €10,952 (-47.8%), from €22,922 to €11,970
of which Furniture and vehicles: -€6,687
- Accrued charges and deferred income -€30,506
down €30,506 (-4.6%), from €658,617 to €628,111
- Profit (loss) carried forward +€20,357
up €20,357 (+2.2%), from -€938,525 to -€918,168
- Staff costs -€199,100
down €199,100 (-20.7%), from €960,761 to €761,661
- Gross operating margin -€177,652
down €177,652 (-17.2%), from €1.0m to €854,666
- Depreciation -€34,864
down €34,864 (-32.9%), from €105,816 to €70,952
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 | €761,431 | €749,772 | -€11,659 | -1.5% |
| Fixed assets | 21/28 | €185,035 | €134,083 | -€50,952 | -27.5% |
| Intangible fixed assets | 21 | €120,000 | €80,000 | -€40,000 | -33.3% |
| Tangible fixed assets | 22/27 | €22,922 | €11,970 | -€10,952 | -47.8% |
| Furniture and vehicles | 24 | €16,796 | €10,109 | -€6,687 | -39.8% |
| Other tangible fixed assets | 26 | €6,126 | €1,861 | -€4,265 | -69.6% |
| Financial fixed assets | 28 | €42,113 | €42,113 | = | 0.0% |
| Current assets | 29/58 | €576,396 | €615,689 | +€39,293 | +6.8% |
| Amounts receivable within one year | 40/41 | €240,847 | €210,318 | -€30,529 | -12.7% |
| Trade receivables | 40 | €232,224 | €189,743 | -€42,481 | -18.3% |
| Other amounts receivable | 41 | €8,623 | €20,575 | +€11,952 | +138.6% |
| Cash at bank and in hand | 54/58 | €285,725 | €400,171 | +€114,446 | +40.1% |
| Deferred charges and accrued income | 490/1 | €49,824 | €5,200 | -€44,624 | -89.6% |
| Total equity and liabilities | 10/49 | €761,431 | €749,772 | -€11,659 | -1.5% |
| Equity | 10/15 | -€138,525 | -€118,168 | +€20,357 | +14.7% |
| Contributions | 10/11 | €800,000 | €800,000 | = | 0.0% |
| Capital | 10 | €800,000 | €800,000 | = | 0.0% |
| Issued capital | 100 | €800,000 | €800,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€938,525 | -€918,168 | +€20,357 | +2.2% |
| Amounts payable | 17/49 | €899,956 | €867,940 | -€32,016 | -3.6% |
| Amounts payable within one year | 42/48 | €241,339 | €239,829 | -€1,510 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €6,684 | - | -€6,684 | |
| Trade debts | 44 | €138,470 | €142,042 | +€3,572 | +2.6% |
| Suppliers | 440/4 | €138,470 | €142,042 | +€3,572 | +2.6% |
| Taxes, remuneration and social security | 45 | €96,185 | €97,787 | +€1,602 | +1.7% |
| Taxes | 450/3 | €20,303 | €19,234 | -€1,069 | -5.3% |
| Remuneration and social security | 454/9 | €75,882 | €78,553 | +€2,671 | +3.5% |
| Accrued charges and deferred income | 492/3 | €658,617 | €628,111 | -€30,506 | -4.6% |
| Remuneration, social security and pensions | 62 | €960,761 | €761,661 | -€199,100 | -20.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,816 | €70,952 | -€34,864 | -32.9% |
| Other operating charges | 640/8 | €1,041 | - | -€1,041 | |
| Gross operating margin | 9900 | €1,032,318 | €854,666 | -€177,652 | -17.2% |
| Operating profit (loss) | 9901 | -€35,300 | €22,053 | +€57,353 | |
| Financial income | 75/76B | €1 | €2 | +€1 | +100.0% |
| Recurring financial income | 75 | €1 | €2 | +€1 | +100.0% |
| Financial charges | 65/66B | €6,467 | €1,908 | -€4,559 | -70.5% |
| Recurring financial charges | 65 | €6,467 | €1,908 | -€4,559 | -70.5% |
| Profit (loss) for the period before taxes | 9903 | -€41,766 | €20,147 | +€61,913 | |
| Income taxes | 67/77 | -€395 | -€210 | +€185 | +46.8% |
| Profit (loss) for the period | 9904 | -€41,371 | €20,357 | +€61,728 | |
| Profit (loss) for the period to be appropriated | 9905 | -€41,371 | €20,357 | +€61,728 |
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 5 October 2026 via checked.be.