Feedback Crafting: 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.
Feedback Crafting
Largest movements
- Cash -€64,483
down €64,483 (-63.6%), from €101,434 to €36,951
mainly Contributions, distributions and other (-€131,542) and Current investments (-€20,000)
- Current investments +€20,000
new in 2025: €20,000
- Deferred charges and accrued income +€2,255
up €2,255 (+130%), from €1,729 to €3,984
- Profit (loss) carried forward -€81,538
down €81,538 (-100.0%), from €81,542 to €4
- Other debts +€49,655
up €49,655 (+162%), from €30,745 to €80,400
- Tax, wage and social debts -€12,193
down €12,193 (-58.6%), from €20,810 to €8,616
- Accrued charges and deferred income +€2,129
up €2,129 (+81.8%), from €2,602 to €4,731
- Financial charges -€1,087
down €1,087 (-34.2%), from €3,176 to €2,089
- Gross operating margin -€937
down €937 (-1.4%), from €68,423 to €67,486
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 | €143,114 | €101,016 | -€42,098 | -29.4% |
| Fixed assets | 21/28 | €8,809 | €8,481 | -€328 | -3.7% |
| Tangible fixed assets | 22/27 | €8,809 | €8,481 | -€328 | -3.7% |
| Plant, machinery and equipment | 23 | €4,333 | €3,507 | -€826 | -19.1% |
| Furniture and vehicles | 24 | €4,476 | €4,973 | +€497 | +11.1% |
| Current assets | 29/58 | €134,305 | €92,536 | -€41,770 | -31.1% |
| Amounts receivable within one year | 40/41 | €31,142 | €31,601 | +€459 | +1.5% |
| Trade receivables | 40 | €31,142 | €31,581 | +€439 | +1.4% |
| Other amounts receivable | 41 | €0 | €20 | +€20 | |
| Current investments | 50/53 | - | €20,000 | +€20,000 | |
| Cash at bank and in hand | 54/58 | €101,434 | €36,951 | -€64,483 | -63.6% |
| Deferred charges and accrued income | 490/1 | €1,729 | €3,984 | +€2,255 | +130% |
| Total equity and liabilities | 10/49 | €143,114 | €101,016 | -€42,098 | -29.4% |
| Equity | 10/15 | €86,542 | €5,004 | -€81,538 | -94.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €81,542 | €4 | -€81,538 | -100.0% |
| Amounts payable | 17/49 | €56,572 | €96,013 | +€39,440 | +69.7% |
| Amounts payable within one year | 42/48 | €53,970 | €91,282 | +€37,311 | +69.1% |
| Trade debts | 44 | €2,415 | €2,265 | -€150 | -6.2% |
| Suppliers | 440/4 | €2,415 | €2,265 | -€150 | -6.2% |
| Taxes, remuneration and social security | 45 | €20,810 | €8,616 | -€12,193 | -58.6% |
| Taxes | 450/3 | €20,810 | €8,616 | -€12,193 | -58.6% |
| Other amounts payable | 47/48 | €30,745 | €80,400 | +€49,655 | +162% |
| Accrued charges and deferred income | 492/3 | €2,602 | €4,731 | +€2,129 | +81.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,093 | €2,108 | +€15 | +0.7% |
| Other operating charges | 640/8 | €451 | €477 | +€26 | +5.7% |
| Non-recurring operating charges | 66A | €443 | €0 | -€443 | -100% |
| Gross operating margin | 9900 | €68,423 | €67,486 | -€937 | -1.4% |
| Operating profit (loss) | 9901 | €65,437 | €64,902 | -€535 | -0.8% |
| Financial income | 75/76B | €0 | €0 | +€0 | +550% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +550% |
| Financial charges | 65/66B | €3,176 | €2,089 | -€1,087 | -34.2% |
| Recurring financial charges | 65 | €3,176 | €2,089 | -€1,087 | -34.2% |
| Profit (loss) for the period before taxes | 9903 | €62,260 | €62,813 | +€553 | +0.9% |
| Income taxes | 67/77 | €12,743 | €12,809 | +€67 | +0.5% |
| Profit (loss) for the period | 9904 | €49,518 | €50,004 | +€486 | +1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €49,518 | €50,004 | +€486 | +1.0% |
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 26 October 2026 via checked.be.