What changed?
Two fiscal 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.
ALL DYNAMIC PRODUCTS
Largest movements
- Tangible fixed assets -€1,669
down €1,669 (-50.0%), from €3,337 to €1,669
- Profit (loss) carried forward -€1,782
down €1,782 (-2.9%), from -€60,865 to -€62,646
- Gross operating margin +€604
no longer reported in 2025 (was -€604)
- Financial charges -€126
down €126 (-52.8%), from €240 to €113
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.
Cash bridge derived
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 | €82,337 | €80,702 | -€1,635 | -2.0% |
| Fixed assets | 21/28 | €78,337 | €76,669 | -€1,669 | -2.1% |
| Tangible fixed assets | 22/27 | €3,337 | €1,669 | -€1,669 | -50.0% |
| Land and buildings | 22 | €3,337 | €1,669 | -€1,669 | -50.0% |
| Financial fixed assets | 28 | €75,000 | €75,000 | = | 0.0% |
| Current assets | 29/58 | €4,000 | €4,033 | +€33 | +0.8% |
| Amounts receivable within one year | 40/41 | €4,000 | €4,000 | = | 0.0% |
| Trade receivables | 40 | €4,000 | €4,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | - | €33 | +€33 | |
| Total equity and liabilities | 10/49 | €82,337 | €80,702 | -€1,635 | -2.0% |
| Equity | 10/15 | -€42,265 | -€44,046 | -€1,782 | -4.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€60,865 | -€62,646 | -€1,782 | -2.9% |
| Amounts payable | 17/49 | €124,602 | €124,748 | +€146 | +0.1% |
| Amounts payable within one year | 42/48 | €124,602 | €124,748 | +€146 | +0.1% |
| Financial debts | 43 | €104 | - | -€104 | |
| Credit institutions | 430/8 | €104 | - | -€104 | |
| Other amounts payable | 47/48 | €124,498 | €124,748 | +€250 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,669 | €1,669 | = | 0.0% |
| Non-recurring operating charges | 66A | €56 | - | -€56 | |
| Gross operating margin | 9900 | -€604 | - | +€604 | |
| Operating profit (loss) | 9901 | -€2,329 | -€1,669 | +€660 | +28.4% |
| Financial charges | 65/66B | €240 | €113 | -€126 | -52.8% |
| Recurring financial charges | 65 | €240 | €113 | -€126 | -52.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,568 | -€1,782 | +€787 | +30.6% |
| Profit (loss) for the period | 9904 | -€2,568 | -€1,782 | +€787 | +30.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,568 | -€1,782 | +€787 | +30.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 September 2026 via checked.be.