88mph: what changed
88mph
Largest movements
- Receivables within one year -€19,051
down €19,051 (-60.2%), from €31,626 to €12,575
of which Trade receivables: -€15,656
- Tangible fixed assets -€13,510
down €13,510 (-22.5%), from €59,996 to €46,486
of which Leasing and similar rights: -€10,314
- Cash +€12,981
up €12,981 (+49.4%), from €26,284 to €39,265
mainly Receivables within one year (+€19,051) and Net result for the year (+€16,354)
- Other debts -€14,250
down €14,250 (-67.1%), from €21,250 to €7,000
- Debts after one year -€8,458
down €8,458 (-32.1%), from €26,323 to €17,864
- Profit (loss) carried forward +€6,354
up €6,354 (+15.3%), from €41,480 to €47,835
- Tax, wage and social debts -€2,879
down €2,879 (-16.1%), from €17,923 to €15,045
- Gross operating margin -€13,661
down €13,661 (-23.8%), from €57,453 to €43,792
- Taxes -€1,942
down €1,942 (-20.4%), from €9,503 to €7,561
- Other operating charges -€1,355
down €1,355 (-46.7%), from €2,900 to €1,544
- Financial charges -€692
down €692 (-20.8%), from €3,327 to €2,635
- Depreciation +€577
up €577 (+3.7%), from €15,429 to €16,006
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 | €122,332 | €102,693 | -€19,638 | -16.1% |
| Fixed assets | 21/28 | €60,556 | €47,046 | -€13,510 | -22.3% |
| Tangible fixed assets | 22/27 | €59,996 | €46,486 | -€13,510 | -22.5% |
| Plant, machinery and equipment | 23 | €12,146 | €9,594 | -€2,552 | -21.0% |
| Furniture and vehicles | 24 | €5,457 | €5,097 | -€360 | -6.6% |
| Leasing and similar rights | 25 | €41,256 | €30,942 | -€10,314 | -25.0% |
| Other tangible fixed assets | 26 | €1,137 | €853 | -€284 | -25.0% |
| Financial fixed assets | 28 | €560 | €560 | = | 0.0% |
| Current assets | 29/58 | €61,775 | €55,647 | -€6,129 | -9.9% |
| Amounts receivable within one year | 40/41 | €31,626 | €12,575 | -€19,051 | -60.2% |
| Trade receivables | 40 | €23,458 | €7,802 | -€15,656 | -66.7% |
| Other amounts receivable | 41 | €8,168 | €4,773 | -€3,394 | -41.6% |
| Cash at bank and in hand | 54/58 | €26,284 | €39,265 | +€12,981 | +49.4% |
| Deferred charges and accrued income | 490/1 | €3,865 | €3,806 | -€59 | -1.5% |
| Total equity and liabilities | 10/49 | €122,332 | €102,693 | -€19,638 | -16.1% |
| Equity | 10/15 | €47,680 | €54,035 | +€6,354 | +13.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,480 | €47,835 | +€6,354 | +15.3% |
| Amounts payable | 17/49 | €74,651 | €48,658 | -€25,993 | -34.8% |
| Amounts payable after more than one year | 17 | €26,323 | €17,864 | -€8,458 | -32.1% |
| Financial debts | 170/4 | €26,323 | €17,864 | -€8,458 | -32.1% |
| Amounts payable within one year | 42/48 | €48,329 | €30,794 | -€17,535 | -36.3% |
| Current portion of amounts payable after more than one year | 42 | €8,769 | €8,458 | -€311 | -3.5% |
| Trade debts | 44 | €386 | €291 | -€94 | -24.5% |
| Suppliers | 440/4 | €386 | €291 | -€94 | -24.5% |
| Taxes, remuneration and social security | 45 | €17,923 | €15,045 | -€2,879 | -16.1% |
| Taxes | 450/3 | €17,923 | €15,045 | -€2,879 | -16.1% |
| Other amounts payable | 47/48 | €21,250 | €7,000 | -€14,250 | -67.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,429 | €16,006 | +€577 | +3.7% |
| Other operating charges | 640/8 | €2,900 | €1,544 | -€1,355 | -46.7% |
| Gross operating margin | 9900 | €57,453 | €43,792 | -€13,661 | -23.8% |
| Operating profit (loss) | 9901 | €39,123 | €26,241 | -€12,882 | -32.9% |
| Financial income | 75/76B | €212 | €309 | +€97 | +45.5% |
| Recurring financial income | 75 | €212 | €309 | +€97 | +45.5% |
| Financial charges | 65/66B | €3,327 | €2,635 | -€692 | -20.8% |
| Recurring financial charges | 65 | €3,327 | €2,635 | -€692 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | €36,008 | €23,915 | -€12,093 | -33.6% |
| Income taxes | 67/77 | €9,503 | €7,561 | -€1,942 | -20.4% |
| Profit (loss) for the period | 9904 | €26,506 | €16,354 | -€10,151 | -38.3% |
| Profit (loss) for the period to be appropriated | 9905 | €26,506 | €16,354 | -€10,151 | -38.3% |
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 1 November 2026 via checked.be.