Your Side: 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 Side
Largest movements
- Receivables within one year -€22,466
down €22,466 (-48.4%), from €46,383 to €23,917
of which Other amounts receivable: -€13,233
- Profit (loss) carried forward -€20,368
down €20,368 (-362%), from -€5,624 to -€25,993
- Tax, wage and social debts -€6,456
down €6,456 (-42.0%), from €15,355 to €8,899
- Short-term financial debts +€4,540
new in 2025: €4,540
- Financial charges +€39,443
up €39,443 (+905%), from €4,356 to €43,800
- Gross operating margin +€21,142
up €21,142 (+599%), from €3,527 to €24,669
- Taxes -€613
down €613 (-79.7%), from €770 to €156
- Financial income -€479
down €479 (-25.1%), from €1,912 to €1,433
- Other operating charges +€449
up €449 (+35.8%), from €1,254 to €1,703
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 | €61,202 | €38,907 | -€22,295 | -36.4% |
| Fixed assets | 21/28 | €2,720 | €3,066 | +€346 | +12.7% |
| Tangible fixed assets | 22/27 | €2,720 | €3,066 | +€346 | +12.7% |
| Furniture and vehicles | 24 | €2,720 | €3,066 | +€346 | +12.7% |
| Current assets | 29/58 | €58,482 | €35,842 | -€22,641 | -38.7% |
| Amounts receivable after more than one year | 29 | €11,462 | €11,769 | +€307 | +2.7% |
| Other amounts receivable | 291 | €11,462 | €11,769 | +€307 | +2.7% |
| Amounts receivable within one year | 40/41 | €46,383 | €23,917 | -€22,466 | -48.4% |
| Trade receivables | 40 | €19,239 | €10,006 | -€9,234 | -48.0% |
| Other amounts receivable | 41 | €27,144 | €13,911 | -€13,233 | -48.8% |
| Cash at bank and in hand | 54/58 | €484 | - | -€484 | |
| Deferred charges and accrued income | 490/1 | €154 | €156 | +€2 | +1.5% |
| Total equity and liabilities | 10/49 | €61,202 | €38,907 | -€22,295 | -36.4% |
| Equity | 10/15 | €25,800 | €5,431 | -€20,368 | -78.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €19,024 | €19,024 | = | 0.0% |
| Distributable reserves | 133 | €19,024 | €19,024 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,624 | -€25,993 | -€20,368 | -362% |
| Amounts payable | 17/49 | €35,403 | €33,476 | -€1,927 | -5.4% |
| Amounts payable after more than one year | 17 | €9,450 | €9,450 | = | 0.0% |
| Financial debts | 170/4 | €9,450 | €9,450 | = | 0.0% |
| Amounts payable within one year | 42/48 | €25,953 | €24,026 | -€1,927 | -7.4% |
| Financial debts | 43 | - | €4,540 | +€4,540 | |
| Credit institutions | 430/8 | - | €4,540 | +€4,540 | |
| Trade debts | 44 | €1,598 | €1,259 | -€339 | -21.2% |
| Suppliers | 440/4 | €1,598 | €1,259 | -€339 | -21.2% |
| Taxes, remuneration and social security | 45 | €15,355 | €8,899 | -€6,456 | -42.0% |
| Taxes | 450/3 | €15,355 | €8,899 | -€6,456 | -42.0% |
| Other amounts payable | 47/48 | €9,000 | €9,328 | +€328 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €506 | €811 | +€304 | +60.1% |
| Other operating charges | 640/8 | €1,254 | €1,703 | +€449 | +35.8% |
| Gross operating margin | 9900 | €3,527 | €24,669 | +€21,142 | +599% |
| Operating profit (loss) | 9901 | €1,766 | €22,155 | +€20,388 | +1,154% |
| Financial income | 75/76B | €1,912 | €1,433 | -€479 | -25.1% |
| Recurring financial income | 75 | €1,912 | €1,433 | -€479 | -25.1% |
| Financial charges | 65/66B | €4,356 | €43,800 | +€39,443 | +905% |
| Recurring financial charges | 65 | €4,356 | €43,800 | +€39,443 | +905% |
| Profit (loss) for the period before taxes | 9903 | -€678 | -€20,212 | -€19,534 | -2,882% |
| Income taxes | 67/77 | €770 | €156 | -€613 | -79.7% |
| Profit (loss) for the period | 9904 | -€1,447 | -€20,368 | -€18,921 | -1,307% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,447 | -€20,368 | -€18,921 | -1,307% |
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 13 October 2026 via checked.be.