X-NUANCE: 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.
X-NUANCE
Largest movements
- Cash -€16,453
down €16,453 (-88.9%), from €18,510 to €2,057
mainly Net result for the year (-€8,762) and Other debts (-€7,053)
- Receivables within one year -€6,100
down €6,100 (-26.1%), from €23,405 to €17,305
of which Trade receivables: -€5,192
- Tangible fixed assets -€1,632
down €1,632 (-59.4%), from €2,747 to €1,115
- Profit (loss) carried forward -€8,762
down €8,762 (-1,449%), from -€605 to -€9,367
- Other debts -€7,053
down €7,053 (-29.9%), from €23,558 to €16,505
- Tax, wage and social debts -€5,325
down €5,325 (-53.7%), from €9,925 to €4,600
- Trade debts -€2,963
down €2,963 (-76.0%), from €3,899 to €936
- Gross operating margin +€36,748
up €36,748 (+82.6%), from -€44,513 to -€7,765
- Taxes -€1,627
new in 2025: -€1,627
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 | €45,584 | €21,434 | -€24,151 | -53.0% |
| Fixed assets | 21/28 | €2,774 | €1,142 | -€1,632 | -58.8% |
| Tangible fixed assets | 22/27 | €2,747 | €1,115 | -€1,632 | -59.4% |
| Furniture and vehicles | 24 | €2,747 | €1,115 | -€1,632 | -59.4% |
| Financial fixed assets | 28 | €27 | €27 | = | 0.0% |
| Current assets | 29/58 | €42,810 | €20,292 | -€22,519 | -52.6% |
| Amounts receivable within one year | 40/41 | €23,405 | €17,305 | -€6,100 | -26.1% |
| Trade receivables | 40 | €22,272 | €17,080 | -€5,192 | -23.3% |
| Other amounts receivable | 41 | €1,133 | €225 | -€908 | -80.1% |
| Cash at bank and in hand | 54/58 | €18,510 | €2,057 | -€16,453 | -88.9% |
| Deferred charges and accrued income | 490/1 | €896 | €930 | +€34 | +3.8% |
| Total equity and liabilities | 10/49 | €45,584 | €21,434 | -€24,151 | -53.0% |
| Equity | 10/15 | €7,755 | -€1,007 | -€8,762 | |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€605 | -€9,367 | -€8,762 | -1,449% |
| Amounts payable | 17/49 | €37,829 | €22,441 | -€15,389 | -40.7% |
| Amounts payable within one year | 42/48 | €37,382 | €22,041 | -€15,341 | -41.0% |
| Trade debts | 44 | €3,899 | €936 | -€2,963 | -76.0% |
| Suppliers | 440/4 | €3,899 | €936 | -€2,963 | -76.0% |
| Taxes, remuneration and social security | 45 | €9,925 | €4,600 | -€5,325 | -53.7% |
| Taxes | 450/3 | €9,925 | €4,600 | -€5,325 | -53.7% |
| Other amounts payable | 47/48 | €23,558 | €16,505 | -€7,053 | -29.9% |
| Accrued charges and deferred income | 492/3 | €447 | €400 | -€48 | -10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,961 | €1,632 | -€329 | -16.8% |
| Other operating charges | 640/8 | €690 | €832 | +€143 | +20.7% |
| Gross operating margin | 9900 | -€44,513 | -€7,765 | +€36,748 | +82.6% |
| Operating profit (loss) | 9901 | -€47,164 | -€10,229 | +€36,935 | +78.3% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €339 | €161 | -€178 | -52.6% |
| Recurring financial charges | 65 | €339 | €161 | -€178 | -52.6% |
| Profit (loss) for the period before taxes | 9903 | -€47,503 | -€10,389 | +€37,113 | +78.1% |
| Income taxes | 67/77 | - | -€1,627 | -€1,627 | |
| Profit (loss) for the period | 9904 | -€47,503 | -€8,762 | +€38,741 | +81.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€47,503 | -€8,762 | +€38,741 | +81.6% |
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 15 October 2026 via checked.be.