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.
LRPS
Largest movements
- Cash -€7,606
down €7,606 (-41.9%), from €18,152 to €10,546
- Receivables within one year +€656
up €656 (+352.7%), from €186 to €842
- Profit (loss) carried forward -€8,570
down €8,570 (-66.9%), from -€12,802 to -€21,372
- Other debts +€2,949
up €2,949 (+25.3%), from €11,672 to €14,621
- Trade debts -€1,313
down €1,313 (-46.9%), from €2,799 to €1,486
- Gross operating margin +€3,851
up €3,851 (+83.5%), from -€4,614 to -€763
- Financial charges -€214
down €214 (-99.5%), from €215 to €1
From the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,293 | €15,371 | -€6,922 | -31.1% |
| Current assets | 29/58 | €22,293 | €15,371 | -€6,922 | -31.1% |
| Stocks and contracts in progress | 3 | €3,149 | €3,127 | -€22 | -0.7% |
| Stocks | 30/36 | €3,149 | €3,127 | -€22 | -0.7% |
| Amounts receivable within one year | 40/41 | €186 | €842 | +€656 | +352.7% |
| Other amounts receivable | 41 | €186 | €842 | +€656 | +352.7% |
| Cash at bank and in hand | 54/58 | €18,152 | €10,546 | -€7,606 | -41.9% |
| Deferred charges and accrued income | 490/1 | €806 | €856 | +€50 | +6.2% |
| Total equity and liabilities | 10/49 | €22,293 | €15,371 | -€6,922 | -31.1% |
| Equity | 10/15 | €7,658 | -€912 | -€8,570 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,802 | -€21,372 | -€8,570 | -66.9% |
| Amounts payable | 17/49 | €14,635 | €16,283 | +€1,648 | +11.3% |
| Amounts payable within one year | 42/48 | €14,635 | €16,283 | +€1,648 | +11.3% |
| Trade debts | 44 | €2,799 | €1,486 | -€1,313 | -46.9% |
| Suppliers | 440/4 | €2,799 | €1,486 | -€1,313 | -46.9% |
| Taxes, remuneration and social security | 45 | €164 | €176 | +€12 | +7.1% |
| Taxes | 450/3 | €164 | €176 | +€12 | +7.1% |
| Other amounts payable | 47/48 | €11,672 | €14,621 | +€2,949 | +25.3% |
| Other operating charges | 640/8 | €572 | €602 | +€30 | +5.2% |
| Gross operating margin | 9900 | -€4,614 | -€763 | +€3,851 | +83.5% |
| Operating profit (loss) | 9901 | -€5,186 | -€1,365 | +€3,821 | +73.7% |
| Financial charges | 65/66B | €215 | €1 | -€214 | -99.5% |
| Recurring financial charges | 65 | €215 | €1 | -€214 | -99.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,401 | -€1,366 | +€4,035 | +74.7% |
| Income taxes | 67/77 | €164 | €176 | +€12 | +7.1% |
| Profit (loss) for the period | 9904 | -€5,566 | -€1,542 | +€4,024 | +72.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,566 | -€1,542 | +€4,024 | +72.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 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.