YOUR ASSET: 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.
YOUR ASSET
Largest movements
- Cash -€18,442
no longer reported in 2025 (was €18,442)
mainly Other debts (-€14,721) and Investment in fixed assets (net) (-€7,255)
- Tangible fixed assets -€5,601
down €5,601 (-11.9%), from €47,050 to €41,449
of which Furniture and vehicles: -€5,355
- Deferred charges and accrued income +€4,901
new in 2025: €4,901
- Receivables within one year +€3,017
up €3,017 (+36.7%), from €8,223 to €11,240
of which Trade receivables: +€3,544
- Other debts -€14,721
down €14,721 (-46.2%), from €31,856 to €17,135
- Tax, wage and social debts -€2,211
down €2,211 (-29.0%), from €7,615 to €5,405
- Current portion of long-term debt +€2,115
new in 2025: €2,115
- Profit (loss) carried forward -€1,859
down €1,859 (-6.4%), from €28,883 to €27,024
- Debts after one year +€911
new in 2025: €911
- Gross operating margin -€7,180
down €7,180 (-34.3%), from €20,954 to €13,773
- Depreciation +€2,302
up €2,302 (+21.8%), from €10,554 to €12,857
- Taxes -€1,578
down €1,578 (-43.9%), from €3,593 to €2,015
- Other operating charges -€1,143
down €1,143 (-66.9%), from €1,709 to €566
- Staff costs -€375
no longer reported in 2025 (was €375)
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 | €73,714 | €57,590 | -€16,124 | -21.9% |
| Fixed assets | 21/28 | €47,050 | €41,449 | -€5,601 | -11.9% |
| Tangible fixed assets | 22/27 | €47,050 | €41,449 | -€5,601 | -11.9% |
| Plant, machinery and equipment | 23 | €957 | €711 | -€246 | -25.7% |
| Furniture and vehicles | 24 | €46,093 | €40,738 | -€5,355 | -11.6% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €26,664 | €16,141 | -€10,523 | -39.5% |
| Amounts receivable within one year | 40/41 | €8,223 | €11,240 | +€3,017 | +36.7% |
| Trade receivables | 40 | €7,691 | €11,235 | +€3,544 | +46.1% |
| Other amounts receivable | 41 | €532 | €5 | -€527 | -99.1% |
| Cash at bank and in hand | 54/58 | €18,442 | - | -€18,442 | |
| Deferred charges and accrued income | 490/1 | - | €4,901 | +€4,901 | |
| Total equity and liabilities | 10/49 | €73,714 | €57,590 | -€16,124 | -21.9% |
| Equity | 10/15 | €33,883 | €32,024 | -€1,859 | -5.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,883 | €27,024 | -€1,859 | -6.4% |
| Amounts payable | 17/49 | €39,832 | €25,566 | -€14,266 | -35.8% |
| Amounts payable after more than one year | 17 | - | €911 | +€911 | |
| Financial debts | 170/4 | - | €911 | +€911 | |
| Amounts payable within one year | 42/48 | €39,832 | €24,655 | -€15,177 | -38.1% |
| Current portion of amounts payable after more than one year | 42 | - | €2,115 | +€2,115 | |
| Trade debts | 44 | €360 | - | -€360 | |
| Suppliers | 440/4 | €360 | - | -€360 | |
| Taxes, remuneration and social security | 45 | €7,615 | €5,405 | -€2,211 | -29.0% |
| Taxes | 450/3 | €7,615 | €5,405 | -€2,211 | -29.0% |
| Other amounts payable | 47/48 | €31,856 | €17,135 | -€14,721 | -46.2% |
| Remuneration, social security and pensions | 62 | €375 | - | -€375 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,554 | €12,857 | +€2,302 | +21.8% |
| Other operating charges | 640/8 | €1,709 | €566 | -€1,143 | -66.9% |
| Gross operating margin | 9900 | €20,954 | €13,773 | -€7,180 | -34.3% |
| Operating profit (loss) | 9901 | €8,315 | €350 | -€7,964 | -95.8% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €28 | €194 | +€166 | +598.3% |
| Recurring financial charges | 65 | €28 | €194 | +€166 | +598.3% |
| Profit (loss) for the period before taxes | 9903 | €8,287 | €156 | -€8,131 | -98.1% |
| Income taxes | 67/77 | €3,593 | €2,015 | -€1,578 | -43.9% |
| Profit (loss) for the period | 9904 | €4,694 | -€1,859 | -€6,553 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,694 | -€1,859 | -€6,553 |
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 12 October 2026 via checked.be.