1App: 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.
1App
Largest movements
- Receivables within one year +€11,299
up €11,299 (+21.2%), from €53,323 to €64,621
of which Trade receivables: +€15,378
- Intangible fixed assets -€9,938
down €9,938 (-14.5%), from €68,519 to €58,581
- Cash -€7,750
down €7,750 (-38.0%), from €20,391 to €12,641
mainly Debts after one year (-€12,531) and Receivables within one year (-€11,299)
- Deferred charges and accrued income +€3,720
up €3,720 (+9.8%), from €38,105 to €41,825
- Debts after one year -€12,531
down €12,531 (-40.0%), from €31,310 to €18,779
- Profit (loss) carried forward +€7,661
up €7,661 (+58.9%), from €12,997 to €20,658
- Gross operating margin +€5,481
up €5,481 (+31.7%), from €17,279 to €22,760
- Taxes +€1,505
up €1,505 (+117.2%), from €1,284 to €2,789
- Other operating charges -€376
down €376 (-64.0%), from €587 to €212
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 | €180,898 | €177,933 | -€2,966 | -1.6% |
| Formation expenses | 20 | €561 | €265 | -€297 | -52.9% |
| Fixed assets | 21/28 | €68,519 | €58,581 | -€9,938 | -14.5% |
| Intangible fixed assets | 21 | €68,519 | €58,581 | -€9,938 | -14.5% |
| Current assets | 29/58 | €111,818 | €119,087 | +€7,269 | +6.5% |
| Amounts receivable within one year | 40/41 | €53,323 | €64,621 | +€11,299 | +21.2% |
| Trade receivables | 40 | €30,305 | €45,683 | +€15,378 | +50.7% |
| Other amounts receivable | 41 | €23,018 | €18,938 | -€4,079 | -17.7% |
| Cash at bank and in hand | 54/58 | €20,391 | €12,641 | -€7,750 | -38.0% |
| Deferred charges and accrued income | 490/1 | €38,105 | €41,825 | +€3,720 | +9.8% |
| Total equity and liabilities | 10/49 | €180,898 | €177,933 | -€2,966 | -1.6% |
| Equity | 10/15 | €132,375 | €140,036 | +€7,661 | +5.8% |
| Contributions | 10/11 | €119,378 | €119,378 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,997 | €20,658 | +€7,661 | +58.9% |
| Amounts payable | 17/49 | €48,524 | €37,897 | -€10,627 | -21.9% |
| Amounts payable after more than one year | 17 | €31,310 | €18,779 | -€12,531 | -40.0% |
| Financial debts | 170/4 | €31,310 | €18,779 | -€12,531 | -40.0% |
| Amounts payable within one year | 42/48 | €17,213 | €19,118 | +€1,904 | +11.1% |
| Current portion of amounts payable after more than one year | 42 | €11,963 | €12,531 | +€568 | +4.8% |
| Taxes, remuneration and social security | 45 | €5,250 | €6,586 | +€1,336 | +25.4% |
| Taxes | 450/3 | €5,250 | €6,586 | +€1,336 | +25.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,234 | €10,234 | = | 0.0% |
| Other operating charges | 640/8 | €587 | €212 | -€376 | -64.0% |
| Gross operating margin | 9900 | €17,279 | €22,760 | +€5,481 | +31.7% |
| Operating profit (loss) | 9901 | €6,457 | €12,314 | +€5,857 | +90.7% |
| Financial charges | 65/66B | €1,823 | €1,863 | +€40 | +2.2% |
| Recurring financial charges | 65 | €1,823 | €1,863 | +€40 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | €4,633 | €10,450 | +€5,817 | +125.6% |
| Income taxes | 67/77 | €1,284 | €2,789 | +€1,505 | +117.2% |
| Profit (loss) for the period | 9904 | €3,349 | €7,661 | +€4,312 | +128.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,349 | €7,661 | +€4,312 | +128.8% |
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 9 October 2026 via checked.be.