2-FLOW: 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.
2-FLOW
Largest movements
- Intangible fixed assets -€20,000
down €20,000 (-25.3%), from €78,934 to €58,934
- Receivables within one year +€9,393
new in 2025: €9,393
of which Trade receivables: +€7,957
- Tangible fixed assets -€6,413
down €6,413 (-41.7%), from €15,376 to €8,963
- Deferred charges and accrued income +€2,806
up €2,806 (+26.8%), from €10,458 to €13,264
- Cash +€2,185
up €2,185 (+5.0%), from €43,572 to €45,757
mainly Depreciation (+€26,413) and Net result for the year (+€17,154)
- Other debts -€26,065
no longer reported in 2025 (was €26,065)
- Profit (loss) carried forward +€17,154
up €17,154 (+49.5%), from €34,662 to €51,816
- Debts after one year -€10,126
down €10,126 (-17.8%), from €56,897 to €46,771
- Tax, wage and social debts +€3,690
up €3,690 (+21.5%), from €17,166 to €20,856
- Trade debts +€3,474
up €3,474 (+183%), from €1,898 to €5,371
- Gross operating margin -€21,609
down €21,609 (-28.6%), from €75,628 to €54,020
- Taxes -€3,210
down €3,210 (-32.1%), from €10,000 to €6,790
- Depreciation -€1,134
down €1,134 (-4.1%), from €27,548 to €26,413
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 | €148,340 | €137,310 | -€11,030 | -7.4% |
| Fixed assets | 21/28 | €94,310 | €68,897 | -€25,413 | -26.9% |
| Intangible fixed assets | 21 | €78,934 | €58,934 | -€20,000 | -25.3% |
| Tangible fixed assets | 22/27 | €15,376 | €8,963 | -€6,413 | -41.7% |
| Furniture and vehicles | 24 | €15,376 | €8,963 | -€6,413 | -41.7% |
| Financial fixed assets | 28 | - | €1,000 | +€1,000 | |
| Current assets | 29/58 | €54,030 | €68,414 | +€14,384 | +26.6% |
| Amounts receivable within one year | 40/41 | - | €9,393 | +€9,393 | |
| Trade receivables | 40 | - | €7,957 | +€7,957 | |
| Other amounts receivable | 41 | - | €1,435 | +€1,435 | |
| Cash at bank and in hand | 54/58 | €43,572 | €45,757 | +€2,185 | +5.0% |
| Deferred charges and accrued income | 490/1 | €10,458 | €13,264 | +€2,806 | +26.8% |
| Total equity and liabilities | 10/49 | €148,340 | €137,310 | -€11,030 | -7.4% |
| Equity | 10/15 | €36,662 | €53,816 | +€17,154 | +46.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,662 | €51,816 | +€17,154 | +49.5% |
| Amounts payable | 17/49 | €111,678 | €83,495 | -€28,183 | -25.2% |
| Amounts payable after more than one year | 17 | €56,897 | €46,771 | -€10,126 | -17.8% |
| Financial debts | 170/4 | €56,897 | €46,771 | -€10,126 | -17.8% |
| Amounts payable within one year | 42/48 | €54,781 | €36,353 | -€18,427 | -33.6% |
| Current portion of amounts payable after more than one year | 42 | €9,652 | €10,126 | +€474 | +4.9% |
| Trade debts | 44 | €1,898 | €5,371 | +€3,474 | +183% |
| Suppliers | 440/4 | €1,898 | €5,371 | +€3,474 | +183% |
| Taxes, remuneration and social security | 45 | €17,166 | €20,856 | +€3,690 | +21.5% |
| Taxes | 450/3 | €17,166 | €20,856 | +€3,690 | +21.5% |
| Other amounts payable | 47/48 | €26,065 | - | -€26,065 | |
| Accrued charges and deferred income | 492/3 | - | €370 | +€370 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,548 | €26,413 | -€1,134 | -4.1% |
| Other operating charges | 640/8 | €146 | €186 | +€40 | +27.7% |
| Gross operating margin | 9900 | €75,628 | €54,020 | -€21,609 | -28.6% |
| Operating profit (loss) | 9901 | €47,935 | €27,420 | -€20,515 | -42.8% |
| Financial income | 75/76B | €0 | €40 | +€40 | +18,957% |
| Recurring financial income | 75 | €0 | €40 | +€40 | +18,957% |
| Financial charges | 65/66B | €3,273 | €3,517 | +€244 | +7.4% |
| Recurring financial charges | 65 | €3,273 | €3,517 | +€244 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | €44,662 | €23,943 | -€20,719 | -46.4% |
| Income taxes | 67/77 | €10,000 | €6,790 | -€3,210 | -32.1% |
| Profit (loss) for the period | 9904 | €34,662 | €17,154 | -€17,509 | -50.5% |
| Profit (loss) for the period to be appropriated | 9905 | €34,662 | €17,154 | -€17,509 | -50.5% |
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 21 October 2026 via checked.be.