Experience: what changed
Experience
Largest movements
- Receivables within one year -€4,212
down €4,212 (-59.4%), from €7,095 to €2,883
of which Trade receivables: -€6,962
- Cash +€3,922
up €3,922 (+22.3%), from €17,614 to €21,536
mainly Other debts (+€16,117) and Receivables within one year (+€4,212)
- Financial fixed assets +€1,500
new in 2025: €1,500
- Debts after one year -€16,117
no longer reported in 2025 (was €16,117)
- Other debts +€16,117
new in 2025: €16,117
- Trade debts +€2,385
up €2,385 (+472%), from €506 to €2,891
- Profit (loss) carried forward -€1,175
down €1,175 (-9.0%), from -€13,088 to -€14,262
- Gross operating margin -€32,653
down €32,653, from €31,703 to -€950
- Financial income -€1,131
no longer reported in 2025 (was €1,131)
- Financial charges -€355
down €355 (-88.7%), from €400 to €45
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,576 | €30,787 | +€1,211 | +4.1% |
| Fixed assets | 21/28 | - | €1,500 | +€1,500 | |
| Financial fixed assets | 28 | - | €1,500 | +€1,500 | |
| Current assets | 29/58 | €29,576 | €29,287 | -€289 | -1.0% |
| Stocks and contracts in progress | 3 | €4,867 | €4,867 | = | 0.0% |
| Stocks | 30/36 | €4,867 | €4,867 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,095 | €2,883 | -€4,212 | -59.4% |
| Trade receivables | 40 | €7,048 | €86 | -€6,962 | -98.8% |
| Other amounts receivable | 41 | €48 | €2,798 | +€2,750 | +5,781% |
| Cash at bank and in hand | 54/58 | €17,614 | €21,536 | +€3,922 | +22.3% |
| Total equity and liabilities | 10/49 | €29,576 | €30,787 | +€1,211 | +4.1% |
| Equity | 10/15 | -€6,887 | -€8,061 | -€1,175 | -17.1% |
| Contributions | 10/11 | €6,201 | €6,201 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,088 | -€14,262 | -€1,175 | -9.0% |
| Amounts payable | 17/49 | €36,463 | €38,848 | +€2,385 | +6.5% |
| Amounts payable after more than one year | 17 | €16,117 | - | -€16,117 | |
| Other amounts payable | 178/9 | €16,117 | - | -€16,117 | |
| Amounts payable within one year | 42/48 | €20,346 | €38,848 | +€18,502 | +90.9% |
| Financial debts | 43 | €15,000 | €15,000 | = | 0.0% |
| Credit institutions | 430/8 | €15,000 | €15,000 | = | 0.0% |
| Trade debts | 44 | €506 | €2,891 | +€2,385 | +472% |
| Suppliers | 440/4 | €506 | €2,891 | +€2,385 | +472% |
| Advances received on contracts in progress | 46 | €4,840 | €4,840 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | - | €16,117 | +€16,117 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €141 | €179 | +€39 | +27.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €31,703 | -€950 | -€32,653 | |
| Operating profit (loss) | 9901 | €31,563 | -€1,129 | -€32,692 | |
| Financial income | 75/76B | €1,131 | - | -€1,131 | |
| Recurring financial income | 75 | €1,131 | - | -€1,131 | |
| Financial charges | 65/66B | €400 | €45 | -€355 | -88.7% |
| Recurring financial charges | 65 | €400 | €45 | -€355 | -88.7% |
| Profit (loss) for the period before taxes | 9903 | €32,294 | -€1,175 | -€33,469 | |
| Profit (loss) for the period | 9904 | €32,294 | -€1,175 | -€33,469 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,294 | -€1,175 | -€33,469 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.