B & A: 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.
B & A
Largest movements
- Tangible fixed assets -€48,414
down €48,414 (-69.7%), from €69,447 to €21,032
of which Land and buildings: -€33,641
- Financial fixed assets -€2,400
down €2,400 (-100%), from €2,400 to €0
- Profit (loss) carried forward -€48,266
down €48,266, from €23,700 to -€24,566
- Debts after one year -€5,481
down €5,481 (-26.2%), from €20,945 to €15,465
- Other debts +€812
up €812 (+5.2%), from €15,531 to €16,343
- Gross operating margin -€28,096
down €28,096 (-96.0%), from €29,272 to €1,177
- Taxes -€3,457
down €3,457 (-100%), from €3,457 to €0
- Depreciation -€3,027
down €3,027 (-48.7%), from €6,216 to €3,189
- Other operating charges +€1,045
up €1,045, from €0 to €1,045
- Staff costs -€773
down €773 (-18.6%), from €4,164 to €3,391
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 | €75,044 | €23,168 | -€51,876 | -69.1% |
| Fixed assets | 21/28 | €71,847 | €21,032 | -€50,814 | -70.7% |
| Tangible fixed assets | 22/27 | €69,447 | €21,032 | -€48,414 | -69.7% |
| Land and buildings | 22 | €33,641 | €0 | -€33,641 | -100% |
| Plant, machinery and equipment | 23 | €34,702 | €20,263 | -€14,438 | -41.6% |
| Furniture and vehicles | 24 | €1,105 | €769 | -€336 | -30.4% |
| Financial fixed assets | 28 | €2,400 | €0 | -€2,400 | -100% |
| Current assets | 29/58 | €3,197 | €2,136 | -€1,061 | -33.2% |
| Amounts receivable within one year | 40/41 | €1,199 | €601 | -€598 | -49.9% |
| Trade receivables | 40 | €250 | €0 | -€250 | -100% |
| Other amounts receivable | 41 | €949 | €601 | -€349 | -36.7% |
| Cash at bank and in hand | 54/58 | €1,724 | €1,476 | -€248 | -14.4% |
| Deferred charges and accrued income | 490/1 | €274 | €59 | -€215 | -78.5% |
| Total equity and liabilities | 10/49 | €75,044 | €23,168 | -€51,876 | -69.1% |
| Equity | 10/15 | €26,700 | -€21,566 | -€48,266 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,700 | -€24,566 | -€48,266 | |
| Amounts payable | 17/49 | €48,344 | €44,734 | -€3,610 | -7.5% |
| Amounts payable after more than one year | 17 | €20,945 | €15,465 | -€5,481 | -26.2% |
| Financial debts | 170/4 | €20,945 | €15,465 | -€5,481 | -26.2% |
| Amounts payable within one year | 42/48 | €26,829 | €28,019 | +€1,189 | +4.4% |
| Current portion of amounts payable after more than one year | 42 | €5,315 | €5,481 | +€166 | +3.1% |
| Trade debts | 44 | €1,620 | €1,923 | +€303 | +18.7% |
| Suppliers | 440/4 | €1,620 | €1,923 | +€303 | +18.7% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €4,363 | €4,272 | -€91 | -2.1% |
| Taxes | 450/3 | €4,340 | €4,272 | -€68 | -1.6% |
| Remuneration and social security | 454/9 | €24 | €0 | -€24 | -100% |
| Other amounts payable | 47/48 | €15,531 | €16,343 | +€812 | +5.2% |
| Accrued charges and deferred income | 492/3 | €569 | €1,251 | +€681 | +120% |
| Non-recurring operating income | 76A | €1,783 | €279 | -€1,504 | -84.4% |
| Remuneration, social security and pensions | 62 | €4,164 | €3,391 | -€773 | -18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,216 | €3,189 | -€3,027 | -48.7% |
| Other operating charges | 640/8 | €0 | €1,045 | +€1,045 | |
| Non-recurring operating charges | 66A | €0 | €40,514 | +€40,514 | |
| Gross operating margin | 9900 | €29,272 | €1,177 | -€28,096 | -96.0% |
| Operating profit (loss) | 9901 | €18,892 | -€46,963 | -€65,855 | |
| Financial income | 75/76B | €12 | €10 | -€2 | -13.0% |
| Recurring financial income | 75 | €12 | €10 | -€2 | -13.0% |
| Financial charges | 65/66B | €1,584 | €1,313 | -€271 | -17.1% |
| Recurring financial charges | 65 | €1,584 | €1,313 | -€271 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | €17,320 | -€48,266 | -€65,586 | |
| Income taxes | 67/77 | €3,457 | €0 | -€3,457 | -100% |
| Profit (loss) for the period | 9904 | €13,863 | -€48,266 | -€62,129 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,863 | -€48,266 | -€62,129 |
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 16 October 2026 via checked.be.