Scope: what changed
Scope
Largest movements
- Receivables within one year +€695
up €695 (+135%), from €515 to €1,210
of which Trade receivables: +€1,210
- Tangible fixed assets -€226
down €226 (-37.2%), from €606 to €381
- Cash -€151
down €151 (-57.5%), from €263 to €112
mainly Net result for the year (-€12,674) and Receivables within one year (-€695)
- Deferred charges and accrued income +€24
new in 2025: €24
- Profit (loss) carried forward -€12,674
down €12,674 (-408%), from -€3,110 to -€15,784
- Other debts +€12,038
up €12,038 (+848%), from €1,419 to €13,457
- Tax, wage and social debts +€900
new in 2025: €900
- Trade debts +€80
up €80 (+107%), from €75 to €154
- Gross operating margin -€9,248
down €9,248 (-313%), from -€2,956 to -€12,204
- Financial charges +€161
up €161 (+193%), from €83 to €245
- Depreciation +€155
up €155 (+220%), from €71 to €226
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 | €1,384 | €1,727 | +€343 | +24.8% |
| Fixed assets | 21/28 | €606 | €381 | -€226 | -37.2% |
| Tangible fixed assets | 22/27 | €606 | €381 | -€226 | -37.2% |
| Furniture and vehicles | 24 | €606 | €381 | -€226 | -37.2% |
| Current assets | 29/58 | €778 | €1,346 | +€568 | +73.0% |
| Amounts receivable within one year | 40/41 | €515 | €1,210 | +€695 | +135% |
| Trade receivables | 40 | - | €1,210 | +€1,210 | |
| Other amounts receivable | 41 | €515 | - | -€515 | |
| Cash at bank and in hand | 54/58 | €263 | €112 | -€151 | -57.5% |
| Deferred charges and accrued income | 490/1 | - | €24 | +€24 | |
| Total equity and liabilities | 10/49 | €1,384 | €1,727 | +€343 | +24.8% |
| Equity | 10/15 | -€110 | -€12,784 | -€12,674 | -11,572% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,110 | -€15,784 | -€12,674 | -408% |
| Amounts payable | 17/49 | €1,494 | €14,510 | +€13,017 | +871% |
| Amounts payable within one year | 42/48 | €1,494 | €14,510 | +€13,017 | +871% |
| Trade debts | 44 | €75 | €154 | +€80 | +107% |
| Suppliers | 440/4 | €75 | €154 | +€80 | +107% |
| Taxes, remuneration and social security | 45 | - | €900 | +€900 | |
| Taxes | 450/3 | - | €900 | +€900 | |
| Other amounts payable | 47/48 | €1,419 | €13,457 | +€12,038 | +848% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71 | €226 | +€155 | +220% |
| Gross operating margin | 9900 | -€2,956 | -€12,204 | -€9,248 | -313% |
| Operating profit (loss) | 9901 | -€3,027 | -€12,429 | -€9,403 | -311% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €83 | €245 | +€161 | +193% |
| Recurring financial charges | 65 | €83 | €245 | +€161 | +193% |
| Profit (loss) for the period before taxes | 9903 | -€3,110 | -€12,674 | -€9,565 | -308% |
| Profit (loss) for the period | 9904 | -€3,110 | -€12,674 | -€9,565 | -308% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,110 | -€12,674 | -€9,565 | -308% |
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 2 November 2026 via checked.be.