160R: 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.
160R
Largest movements
- Receivables within one year +€10,242
up €10,242 (+154%), from €6,669 to €16,911
of which Trade receivables: +€9,870
- Tangible fixed assets -€3,002
down €3,002 (-21.9%), from €13,727 to €10,725
of which Other tangible fixed assets: -€2,066
- Deferred charges and accrued income +€324
new in 2025: €324
- Profit (loss) carried forward +€9,574
up €9,574, from -€2,977 to €6,597
- Tax, wage and social debts -€2,523
no longer reported in 2025 (was €2,523)
- Trade debts +€687
up €687 (+82.2%), from €836 to €1,523
- Gross operating margin +€4,247
up €4,247 (+47.9%), from €8,871 to €13,118
- Depreciation +€3,002
new in 2025: €3,002
- Other operating charges -€539
down €539 (-59.4%), from €907 to €369
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 | €24,167 | €31,897 | +€7,730 | +32.0% |
| Fixed assets | 21/28 | €14,827 | €11,825 | -€3,002 | -20.2% |
| Tangible fixed assets | 22/27 | €13,727 | €10,725 | -€3,002 | -21.9% |
| Plant, machinery and equipment | 23 | €444 | €444 | = | 0.0% |
| Furniture and vehicles | 24 | €11,218 | €10,282 | -€936 | -8.3% |
| Other tangible fixed assets | 26 | €2,066 | - | -€2,066 | |
| Financial fixed assets | 28 | €1,100 | €1,100 | = | 0.0% |
| Current assets | 29/58 | €9,340 | €20,072 | +€10,732 | +115% |
| Amounts receivable within one year | 40/41 | €6,669 | €16,911 | +€10,242 | +154% |
| Trade receivables | 40 | €6,669 | €16,539 | +€9,870 | +148% |
| Other amounts receivable | 41 | - | €372 | +€372 | |
| Cash at bank and in hand | 54/58 | €2,671 | €2,837 | +€166 | +6.2% |
| Deferred charges and accrued income | 490/1 | - | €324 | +€324 | |
| Total equity and liabilities | 10/49 | €24,167 | €31,897 | +€7,730 | +32.0% |
| Equity | 10/15 | €20,800 | €30,374 | +€9,574 | +46.0% |
| Reserves | 13 | €23,777 | €23,777 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €21,917 | €21,917 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,977 | €6,597 | +€9,574 | |
| Amounts payable | 17/49 | €3,367 | €1,523 | -€1,844 | -54.8% |
| Amounts payable within one year | 42/48 | €3,367 | €1,523 | -€1,844 | -54.8% |
| Trade debts | 44 | €836 | €1,523 | +€687 | +82.2% |
| Suppliers | 440/4 | €836 | €1,523 | +€687 | +82.2% |
| Taxes, remuneration and social security | 45 | €2,523 | - | -€2,523 | |
| Taxes | 450/3 | €2,523 | - | -€2,523 | |
| Other amounts payable | 47/48 | €8 | - | -€8 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,002 | +€3,002 | |
| Other operating charges | 640/8 | €907 | €369 | -€539 | -59.4% |
| Gross operating margin | 9900 | €8,871 | €13,118 | +€4,247 | +47.9% |
| Operating profit (loss) | 9901 | €7,964 | €9,747 | +€1,784 | +22.4% |
| Financial charges | 65/66B | €171 | €173 | +€2 | +1.3% |
| Recurring financial charges | 65 | €171 | €173 | +€2 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | €7,793 | €9,574 | +€1,782 | +22.9% |
| Profit (loss) for the period | 9904 | €7,793 | €9,574 | +€1,782 | +22.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,793 | €9,574 | +€1,782 | +22.9% |
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 14 October 2026 via checked.be.