C CONCEPT: 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.
C CONCEPT
Largest movements
- Cash -€520
down €520 (-96.2%), from €540 to €21
mainly Other debts (-€15,996) and Net result for the year (-€1,984)
- Short-term financial debts +€18,123
new in 2025: €18,123
- Other debts -€15,996
down €15,996 (-14.6%), from €109,740 to €93,743
- Profit (loss) carried forward -€1,984
down €1,984 (-0.8%), from -€252,112 to -€254,096
- Gross operating margin +€1,750
up €1,750 (+72.1%), from -€2,427 to -€677
- Financial charges -€1,177
down €1,177 (-57.7%), from €2,042 to €865
- Other operating charges +€58
up €58 (+15.2%), from €384 to €443
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 | €51,290 | €50,771 | -€520 | -1.0% |
| Fixed assets | 21/28 | €50,750 | €50,750 | = | 0.0% |
| Tangible fixed assets | 22/27 | €50,750 | €50,750 | = | 0.0% |
| Land and buildings | 22 | €50,750 | €50,750 | = | 0.0% |
| Current assets | 29/58 | €540 | €21 | -€520 | -96.2% |
| Cash at bank and in hand | 54/58 | €540 | €21 | -€520 | -96.2% |
| Total equity and liabilities | 10/49 | €51,290 | €50,771 | -€520 | -1.0% |
| Equity | 10/15 | -€127,524 | -€129,507 | -€1,984 | -1.6% |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Capital | 10 | €124,000 | €124,000 | = | 0.0% |
| Issued capital | 100 | €124,000 | €124,000 | = | 0.0% |
| Reserves | 13 | €589 | €589 | = | 0.0% |
| Non-distributable reserves | 130/1 | €589 | €589 | = | 0.0% |
| Legal reserve | 130 | €589 | €589 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€252,112 | -€254,096 | -€1,984 | -0.8% |
| Amounts payable | 17/49 | €178,814 | €180,278 | +€1,464 | +0.8% |
| Amounts payable after more than one year | 17 | €67,500 | €67,500 | = | 0.0% |
| Other amounts payable | 178/9 | €67,500 | €67,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €111,314 | €112,778 | +€1,464 | +1.3% |
| Financial debts | 43 | - | €18,123 | +€18,123 | |
| Credit institutions | 430/8 | - | €18,123 | +€18,123 | |
| Trade debts | 44 | €1,281 | €911 | -€370 | -28.9% |
| Suppliers | 440/4 | €1,281 | €911 | -€370 | -28.9% |
| Taxes, remuneration and social security | 45 | €293 | - | -€293 | |
| Taxes | 450/3 | €293 | - | -€293 | |
| Other amounts payable | 47/48 | €109,740 | €93,743 | -€15,996 | -14.6% |
| Non-recurring operating income | 76A | - | €793 | +€793 | |
| Other operating charges | 640/8 | €384 | €443 | +€58 | +15.2% |
| Non-recurring operating charges | 66A | €15 | - | -€15 | |
| Gross operating margin | 9900 | -€2,427 | -€677 | +€1,750 | +72.1% |
| Operating profit (loss) | 9901 | -€2,826 | -€1,119 | +€1,707 | +60.4% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €2,042 | €865 | -€1,177 | -57.7% |
| Recurring financial charges | 65 | €2,042 | €865 | -€1,177 | -57.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,868 | -€1,983 | +€2,885 | +59.3% |
| Income taxes | 67/77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | -€4,868 | -€1,984 | +€2,885 | +59.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,868 | -€1,984 | +€2,885 | +59.3% |
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 24 October 2026 via checked.be.