YOUR FUTURE: 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 FUTURE
Largest movements
- Receivables within one year -€1.7m
down €1.7m (-70.7%), from €2.4m to €706,072
of which Other amounts receivable: -€1.6m
- Cash -€92,415
down €92,415 (-20.3%), from €454,498 to €362,083
mainly Net result for the year (-€1.7m) and Trade debts (-€54,550)
- Stocks and contracts +€49,235
new in 2025: €49,235
- Deferred charges and accrued income -€33,442
no longer reported in 2025 (was €33,442)
- Profit (loss) carried forward -€1.7m
down €1.7m (-1622.9%), from -€104,950 to -€1.8m
- Trade debts -€54,550
no longer reported in 2025 (was €54,550)
- Write-downs +€1.5m
new in 2025: €1.5m
- Gross operating margin -€276,052
down €276,052, from €134,179 to -€141,873
- Financial income -€96,028
down €96,028 (-100.0%), from €96,029 to €0
- Financial charges +€17,691
up €17,691 (+29.3%), from €60,428 to €78,119
- Other operating charges -€11,967
down €11,967 (-91.4%), from €13,094 to €1,126
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 | €2,990,460 | €1,234,736 | -€1.8m | -58.7% |
| Fixed assets | 21/28 | €95,960 | €97,346 | +€1,387 | +1.4% |
| Tangible fixed assets | 22/27 | €960 | €2,346 | +€1,387 | +144.5% |
| Furniture and vehicles | 24 | €960 | €2,346 | +€1,387 | +144.5% |
| Financial fixed assets | 28 | €95,000 | €95,000 | = | 0.0% |
| Current assets | 29/58 | €2,894,500 | €1,137,390 | -€1.8m | -60.7% |
| Stocks and contracts in progress | 3 | - | €49,235 | +€49,235 | |
| Stocks | 30/36 | - | €49,235 | +€49,235 | |
| Amounts receivable within one year | 40/41 | €2,406,560 | €706,072 | -€1.7m | -70.7% |
| Trade receivables | 40 | €470,617 | €361,314 | -€109,303 | -23.2% |
| Other amounts receivable | 41 | €1,935,943 | €344,757 | -€1.6m | -82.2% |
| Current investments | 50/53 | - | €20,000 | +€20,000 | |
| Cash at bank and in hand | 54/58 | €454,498 | €362,083 | -€92,415 | -20.3% |
| Deferred charges and accrued income | 490/1 | €33,442 | - | -€33,442 | |
| Total equity and liabilities | 10/49 | €2,990,460 | €1,234,736 | -€1.8m | -58.7% |
| Equity | 10/15 | €1,130,033 | -€553,243 | -€1.7m | |
| Contributions | 10/11 | €1,234,983 | €1,234,983 | = | 0.0% |
| Capital | 10 | €1,234,983 | €1,234,983 | = | 0.0% |
| Issued capital | 100 | €1,500,000 | €1,500,000 | = | 0.0% |
| Uncalled capital | 101 | €265,017 | €265,017 | = | 0.0% |
| Reserves | 13 | - | €20,000 | +€20,000 | |
| Non-distributable reserves | 130/1 | - | €20,000 | +€20,000 | |
| Own shares acquired | 1312 | - | €20,000 | +€20,000 | |
| Profit (loss) carried forward | 14 | -€104,950 | -€1,808,226 | -€1.7m | -1622.9% |
| Amounts payable | 17/49 | €1,860,427 | €1,787,979 | -€72,449 | -3.9% |
| Amounts payable after more than one year | 17 | €600,000 | €600,000 | = | 0.0% |
| Financial debts | 170/4 | €600,000 | €600,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,260,427 | €1,187,979 | -€72,449 | -5.7% |
| Trade debts | 44 | €54,550 | - | -€54,550 | |
| Suppliers | 440/4 | €54,550 | - | -€54,550 | |
| Taxes, remuneration and social security | 45 | €22,425 | €4,374 | -€18,051 | -80.5% |
| Taxes | 450/3 | €22,425 | €4,374 | -€18,051 | -80.5% |
| Other amounts payable | 47/48 | €1,183,452 | €1,183,604 | +€152 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107 | €213 | +€107 | +100.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,461,944 | +€1.5m | |
| Other operating charges | 640/8 | €13,094 | €1,126 | -€11,967 | -91.4% |
| Gross operating margin | 9900 | €134,179 | -€141,873 | -€276,052 | |
| Operating profit (loss) | 9901 | €120,979 | -€1,605,157 | -€1.7m | |
| Financial income | 75/76B | €96,029 | €0 | -€96,028 | -100.0% |
| Recurring financial income | 75 | €96,029 | €0 | -€96,028 | -100.0% |
| Financial charges | 65/66B | €60,428 | €78,119 | +€17,691 | +29.3% |
| Recurring financial charges | 65 | €60,428 | €78,119 | +€17,691 | +29.3% |
| Profit (loss) for the period before taxes | 9903 | €156,580 | -€1,683,275 | -€1.8m | |
| Income taxes | 67/77 | €581 | - | -€581 | |
| Profit (loss) for the period | 9904 | €155,998 | -€1,683,275 | -€1.8m | |
| Profit (loss) for the period to be appropriated | 9905 | €155,998 | -€1,683,275 | -€1.8m |
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 10 October 2026 via checked.be.