2 BOYS: 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.
2 BOYS
Largest movements
- Receivables within one year +€10,792
up €10,792 (+490.2%), from €2,202 to €12,993
- Cash +€9,766
up €9,766 (+11.2%), from €87,034 to €96,800
mainly Net result for the year (+€14,384) and Stocks and contracts (+€8,794)
- Stocks and contracts -€8,794
down €8,794 (-12.3%), from €71,336 to €62,542
- Reserves +€14,384
up €14,384 (+57.7%), from €24,923 to €39,308
- Trade debts -€4,763
down €4,763 (-85.4%), from €5,580 to €817
- Other debts +€3,759
up €3,759 (+16.0%), from €23,506 to €27,265
- Gross operating margin +€6,423
up €6,423 (+27.2%), from €23,622 to €30,045
- Staff costs +€4,787
up €4,787 (+69.8%), from €6,862 to €11,648
- Taxes +€864
up €864 (+67.2%), from €1,286 to €2,150
- Financial charges -€735
down €735 (-42.2%), from €1,742 to €1,007
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 | €175,148 | €187,954 | +€12,806 | +7.3% |
| Fixed assets | 21/28 | €13,868 | €13,673 | -€195 | -1.4% |
| Intangible fixed assets | 21 | €1,083 | €583 | -€500 | -46.2% |
| Tangible fixed assets | 22/27 | €3,035 | €3,340 | +€305 | +10.1% |
| Plant, machinery and equipment | 23 | €1,283 | €1,173 | -€110 | -8.6% |
| Furniture and vehicles | 24 | €1,752 | €2,167 | +€416 | +23.7% |
| Financial fixed assets | 28 | €9,750 | €9,750 | = | 0.0% |
| Current assets | 29/58 | €161,280 | €174,281 | +€13,001 | +8.1% |
| Stocks and contracts in progress | 3 | €71,336 | €62,542 | -€8,794 | -12.3% |
| Stocks | 30/36 | €71,336 | €62,542 | -€8,794 | -12.3% |
| Amounts receivable within one year | 40/41 | €2,202 | €12,993 | +€10,792 | +490.2% |
| Other amounts receivable | 41 | €2,202 | €12,993 | +€10,792 | +490.2% |
| Cash at bank and in hand | 54/58 | €87,034 | €96,800 | +€9,766 | +11.2% |
| Deferred charges and accrued income | 490/1 | €709 | €1,946 | +€1,237 | +174.6% |
| Total equity and liabilities | 10/49 | €175,148 | €187,954 | +€12,806 | +7.3% |
| Equity | 10/15 | €134,142 | €146,860 | +€12,718 | +9.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €24,923 | €39,308 | +€14,384 | +57.7% |
| Distributable reserves | 133 | €24,923 | €39,308 | +€14,384 | +57.7% |
| Profit (loss) carried forward | 14 | €9,219 | €7,553 | -€1,666 | -18.1% |
| Amounts payable | 17/49 | €41,007 | €41,094 | +€87 | +0.2% |
| Amounts payable within one year | 42/48 | €41,007 | €41,094 | +€87 | +0.2% |
| Trade debts | 44 | €5,580 | €817 | -€4,763 | -85.4% |
| Suppliers | 440/4 | €5,580 | €817 | -€4,763 | -85.4% |
| Taxes, remuneration and social security | 45 | €11,921 | €13,012 | +€1,091 | +9.2% |
| Taxes | 450/3 | €11,598 | €10,346 | -€1,252 | -10.8% |
| Remuneration and social security | 454/9 | €323 | €2,666 | +€2,343 | +725.7% |
| Other amounts payable | 47/48 | €23,506 | €27,265 | +€3,759 | +16.0% |
| Remuneration, social security and pensions | 62 | €6,862 | €11,648 | +€4,787 | +69.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,258 | €1,319 | +€61 | +4.8% |
| Other operating charges | 640/8 | €1,124 | €1,040 | -€83 | -7.4% |
| Gross operating margin | 9900 | €23,622 | €30,045 | +€6,423 | +27.2% |
| Operating profit (loss) | 9901 | €14,379 | €16,037 | +€1,658 | +11.5% |
| Financial income | 75/76B | €1,511 | €1,504 | -€6 | -0.4% |
| Recurring financial income | 75 | €1,511 | €1,504 | -€6 | -0.4% |
| Financial charges | 65/66B | €1,742 | €1,007 | -€735 | -42.2% |
| Recurring financial charges | 65 | €1,742 | €1,007 | -€735 | -42.2% |
| Profit (loss) for the period before taxes | 9903 | €14,147 | €16,535 | +€2,387 | +16.9% |
| Income taxes | 67/77 | €1,286 | €2,150 | +€864 | +67.2% |
| Profit (loss) for the period | 9904 | €12,861 | €14,384 | +€1,523 | +11.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,861 | €14,384 | +€1,523 | +11.8% |
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 8 October 2026 via checked.be.