YOU GOT 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.
YOU GOT IT
Largest movements
- Cash -€9,390
down €9,390 (-23.7%), from €39,582 to €30,192
mainly Contributions, distributions and other (-€43,599) and Other debts (-€1,352)
- Tangible fixed assets -€2,861
down €2,861 (-62.2%), from €4,601 to €1,741
of which Furniture and vehicles: -€2,771
- Receivables within one year -€673
down €673 (-4.7%), from €14,366 to €13,692
of which Trade receivables: -€1,635
- Reserves -€10,185
down €10,185 (-23.4%), from €43,599 to €33,413
- Other debts -€1,352
down €1,352 (-23.9%), from €5,651 to €4,299
- Tax, wage and social debts -€1,198
down €1,198 (-12.7%), from €9,469 to €8,270
- Gross operating margin -€17,742
down €17,742 (-27.9%), from €63,486 to €45,744
- Depreciation -€4,547
down €4,547 (-61.4%), from €7,408 to €2,861
- Taxes -€3,026
down €3,026 (-25.3%), from €11,966 to €8,940
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 | €58,887 | €45,999 | -€12,888 | -21.9% |
| Fixed assets | 21/28 | €4,601 | €1,741 | -€2,861 | -62.2% |
| Tangible fixed assets | 22/27 | €4,601 | €1,741 | -€2,861 | -62.2% |
| Furniture and vehicles | 24 | €3,173 | €402 | -€2,771 | -87.3% |
| Other tangible fixed assets | 26 | €1,429 | €1,339 | -€90 | -6.3% |
| Current assets | 29/58 | €54,286 | €44,259 | -€10,027 | -18.5% |
| Amounts receivable within one year | 40/41 | €14,366 | €13,692 | -€673 | -4.7% |
| Trade receivables | 40 | €14,267 | €12,632 | -€1,635 | -11.5% |
| Other amounts receivable | 41 | €98 | €1,060 | +€962 | +980.0% |
| Cash at bank and in hand | 54/58 | €39,582 | €30,192 | -€9,390 | -23.7% |
| Deferred charges and accrued income | 490/1 | €338 | €374 | +€36 | +10.7% |
| Total equity and liabilities | 10/49 | €58,887 | €45,999 | -€12,888 | -21.9% |
| Equity | 10/15 | €43,599 | €33,413 | -€10,185 | -23.4% |
| Reserves | 13 | €43,599 | €33,413 | -€10,185 | -23.4% |
| Distributable reserves | 133 | €43,599 | €33,413 | -€10,185 | -23.4% |
| Amounts payable | 17/49 | €15,289 | €12,586 | -€2,703 | -17.7% |
| Amounts payable within one year | 42/48 | €15,289 | €12,586 | -€2,703 | -17.7% |
| Trade debts | 44 | €169 | €17 | -€152 | -90.0% |
| Suppliers | 440/4 | €169 | €17 | -€152 | -90.0% |
| Taxes, remuneration and social security | 45 | €9,469 | €8,270 | -€1,198 | -12.7% |
| Taxes | 450/3 | €9,469 | €8,270 | -€1,198 | -12.7% |
| Other amounts payable | 47/48 | €5,651 | €4,299 | -€1,352 | -23.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,408 | €2,861 | -€4,547 | -61.4% |
| Other operating charges | 640/8 | €361 | €372 | +€11 | +2.9% |
| Gross operating margin | 9900 | €63,486 | €45,744 | -€17,742 | -27.9% |
| Operating profit (loss) | 9901 | €55,717 | €42,511 | -€13,206 | -23.7% |
| Financial charges | 65/66B | €152 | €158 | +€6 | +3.7% |
| Recurring financial charges | 65 | €152 | €158 | +€6 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | €55,565 | €42,353 | -€13,212 | -23.8% |
| Income taxes | 67/77 | €11,966 | €8,940 | -€3,026 | -25.3% |
| Profit (loss) for the period | 9904 | €43,599 | €33,413 | -€10,185 | -23.4% |
| Profit (loss) for the period to be appropriated | 9905 | €43,599 | €33,413 | -€10,185 | -23.4% |
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.