200 OK: 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.
200 OK
Largest movements
- Receivables after one year +€10,170
up €10,170 (+19.1%), from €53,296 to €63,466
- Tangible fixed assets -€5,603
down €5,603 (-28.5%), from €19,681 to €14,077
- Receivables within one year -€1,723
down €1,723 (-43.1%), from €4,000 to €2,277
- Other debts -€15,443
down €15,443 (-44.0%), from €35,104 to €19,660
- Profit (loss) carried forward +€11,056
no longer reported in 2025 (was -€11,056)
- Reserves +€8,035
up €8,035 (+43.5%), from €18,453 to €26,488
- Advances received +€7,260
new in 2025: €7,260
- Debts after one year -€3,628
no longer reported in 2025 (was €3,628)
- Gross operating margin +€31,795
up €31,795 (+348%), from €9,126 to €40,920
- Financial income -€8,335
down €8,335 (-80.0%), from €10,418 to €2,083
- Taxes +€6,415
up €6,415 (+160%), from €4,004 to €10,419
- Other operating charges -€865
down €865 (-33.2%), from €2,608 to €1,742
- Financial charges -€772
down €772 (-11.1%), from €6,920 to €6,149
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 | €77,722 | €80,571 | +€2,849 | +3.7% |
| Fixed assets | 21/28 | €19,681 | €14,077 | -€5,603 | -28.5% |
| Tangible fixed assets | 22/27 | €19,681 | €14,077 | -€5,603 | -28.5% |
| Furniture and vehicles | 24 | €19,681 | €14,077 | -€5,603 | -28.5% |
| Current assets | 29/58 | €58,042 | €66,494 | +€8,452 | +14.6% |
| Amounts receivable after more than one year | 29 | €53,296 | €63,466 | +€10,170 | +19.1% |
| Other amounts receivable | 291 | €53,296 | €63,466 | +€10,170 | +19.1% |
| Amounts receivable within one year | 40/41 | €4,000 | €2,277 | -€1,723 | -43.1% |
| Trade receivables | 40 | €4,000 | €2,277 | -€1,723 | -43.1% |
| Cash at bank and in hand | 54/58 | €746 | €751 | +€5 | +0.7% |
| Total equity and liabilities | 10/49 | €77,722 | €80,571 | +€2,849 | +3.7% |
| Equity | 10/15 | €7,397 | €26,488 | +€19,091 | +258% |
| Reserves | 13 | €18,453 | €26,488 | +€8,035 | +43.5% |
| Distributable reserves | 133 | €18,453 | €26,488 | +€8,035 | +43.5% |
| Profit (loss) carried forward | 14 | -€11,056 | - | +€11,056 | |
| Amounts payable | 17/49 | €70,326 | €54,084 | -€16,242 | -23.1% |
| Amounts payable after more than one year | 17 | €3,628 | - | -€3,628 | |
| Financial debts | 170/4 | €3,628 | - | -€3,628 | |
| Amounts payable within one year | 42/48 | €66,698 | €54,084 | -€12,614 | -18.9% |
| Trade debts | 44 | €7,767 | €4,354 | -€3,413 | -43.9% |
| Suppliers | 440/4 | €7,767 | €4,354 | -€3,413 | -43.9% |
| Advances received on contracts in progress | 46 | - | €7,260 | +€7,260 | |
| Taxes, remuneration and social security | 45 | €23,826 | €22,809 | -€1,018 | -4.3% |
| Taxes | 450/3 | €22,858 | €22,809 | -€49 | -0.2% |
| Remuneration and social security | 454/9 | €968 | - | -€968 | |
| Other amounts payable | 47/48 | €35,104 | €19,660 | -€15,443 | -44.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,704 | €5,603 | -€100 | -1.8% |
| Other operating charges | 640/8 | €2,608 | €1,742 | -€865 | -33.2% |
| Gross operating margin | 9900 | €9,126 | €40,920 | +€31,795 | +348% |
| Operating profit (loss) | 9901 | €814 | €33,575 | +€32,761 | +4,023% |
| Financial income | 75/76B | €10,418 | €2,083 | -€8,335 | -80.0% |
| Recurring financial income | 75 | €10,418 | €2,083 | -€8,335 | -80.0% |
| Financial charges | 65/66B | €6,920 | €6,149 | -€772 | -11.1% |
| Recurring financial charges | 65 | €6,920 | €6,149 | -€772 | -11.1% |
| Profit (loss) for the period before taxes | 9903 | €4,313 | €29,510 | +€25,197 | +584% |
| Income taxes | 67/77 | €4,004 | €10,419 | +€6,415 | +160% |
| Profit (loss) for the period | 9904 | €308 | €19,091 | +€18,782 | +6,089% |
| Profit (loss) for the period to be appropriated | 9905 | €308 | €19,091 | +€18,782 | +6,089% |
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 18 October 2026 via checked.be.