XLS22: 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.
XLS22
Largest movements
- Intangible fixed assets -€6,000
down €6,000 (-12.5%), from €48,000 to €42,000
- Tangible fixed assets -€875
down €875 (-50.0%), from €1,750 to €875
- Profit (loss) carried forward -€4,076
down €4,076 (-18.0%), from €22,622 to €18,546
- Other debts -€2,935
down €2,935 (-11.4%), from €25,727 to €22,792
- Gross operating margin -€17,590
down €17,590 (-70.7%), from €24,871 to €7,281
- Taxes -€533
down €533 (-12.1%), from €4,425 to €3,892
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 | €54,079 | €47,025 | -€7,054 | -13.0% |
| Fixed assets | 21/28 | €49,750 | €42,875 | -€6,875 | -13.8% |
| Intangible fixed assets | 21 | €48,000 | €42,000 | -€6,000 | -12.5% |
| Tangible fixed assets | 22/27 | €1,750 | €875 | -€875 | -50.0% |
| Furniture and vehicles | 24 | €1,750 | €875 | -€875 | -50.0% |
| Current assets | 29/58 | €4,329 | €4,150 | -€179 | -4.1% |
| Cash at bank and in hand | 54/58 | €4,329 | €4,150 | -€179 | -4.1% |
| Total equity and liabilities | 10/49 | €54,079 | €47,025 | -€7,054 | -13.0% |
| Equity | 10/15 | €26,622 | €22,546 | -€4,076 | -15.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,622 | €18,546 | -€4,076 | -18.0% |
| Amounts payable | 17/49 | €27,457 | €24,480 | -€2,977 | -10.8% |
| Amounts payable within one year | 42/48 | €27,457 | €24,480 | -€2,977 | -10.8% |
| Trade debts | 44 | €1,305 | €1,688 | +€382 | +29.3% |
| Suppliers | 440/4 | €1,305 | €1,688 | +€382 | +29.3% |
| Taxes, remuneration and social security | 45 | €425 | - | -€425 | |
| Taxes | 450/3 | €425 | - | -€425 | |
| Other amounts payable | 47/48 | €25,727 | €22,792 | -€2,935 | -11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,875 | €6,875 | = | 0.0% |
| Other operating charges | 640/8 | €539 | €400 | -€139 | -25.8% |
| Gross operating margin | 9900 | €24,871 | €7,281 | -€17,590 | -70.7% |
| Operating profit (loss) | 9901 | €17,457 | €6 | -€17,451 | -100.0% |
| Financial charges | 65/66B | €151 | €191 | +€39 | +26.0% |
| Recurring financial charges | 65 | €151 | €191 | +€39 | +26.0% |
| Profit (loss) for the period before taxes | 9903 | €17,306 | -€185 | -€17,490 | |
| Income taxes | 67/77 | €4,425 | €3,892 | -€533 | -12.1% |
| Profit (loss) for the period | 9904 | €12,881 | -€4,076 | -€16,957 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,881 | -€4,076 | -€16,957 |
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 3 October 2026 via checked.be.