22 TRICKS: 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.
22 TRICKS
Largest movements
- Tangible fixed assets +€9,271
up €9,271 (+534%), from €1,735 to €11,007
- Receivables within one year +€6,992
up €6,992 (+229%), from €3,048 to €10,041
- Current investments +€4,500
new in 2025: €4,500
- Debts after one year +€62,853
up €62,853 (+90.1%), from €69,744 to €132,597
- Profit (loss) carried forward -€47,007
down €47,007 (-45.3%), from €103,882 to €56,875
- Current portion of long-term debt +€16,243
up €16,243 (+52.2%), from €31,138 to €47,381
- Tax, wage and social debts -€13,006
down €13,006 (-55.5%), from €23,421 to €10,415
of which Taxes: -€16,006
- Gross operating margin +€16,525
up €16,525 (+35.6%), from €46,449 to €62,974
- Taxes -€10,402
down €10,402 (-62.4%), from €16,682 to €6,280
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 | €261,100 | €282,034 | +€20,934 | +8.0% |
| Fixed assets | 21/28 | €241,735 | €251,007 | +€9,271 | +3.8% |
| Tangible fixed assets | 22/27 | €1,735 | €11,007 | +€9,271 | +534% |
| Furniture and vehicles | 24 | €1,735 | €11,007 | +€9,271 | +534% |
| Financial fixed assets | 28 | €240,000 | €240,000 | = | 0.0% |
| Current assets | 29/58 | €19,365 | €31,028 | +€11,663 | +60.2% |
| Amounts receivable within one year | 40/41 | €3,048 | €10,041 | +€6,992 | +229% |
| Other amounts receivable | 41 | €3,048 | €10,041 | +€6,992 | +229% |
| Current investments | 50/53 | - | €4,500 | +€4,500 | |
| Cash at bank and in hand | 54/58 | €16,317 | €16,082 | -€235 | -1.4% |
| Deferred charges and accrued income | 490/1 | - | €405 | +€405 | |
| Total equity and liabilities | 10/49 | €261,100 | €282,034 | +€20,934 | +8.0% |
| Equity | 10/15 | €136,382 | €89,375 | -€47,007 | -34.5% |
| Contributions | 10/11 | €32,500 | €32,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €103,882 | €56,875 | -€47,007 | -45.3% |
| Amounts payable | 17/49 | €124,718 | €192,659 | +€67,941 | +54.5% |
| Amounts payable after more than one year | 17 | €69,744 | €132,597 | +€62,853 | +90.1% |
| Financial debts | 170/4 | €69,744 | €132,597 | +€62,853 | +90.1% |
| Amounts payable within one year | 42/48 | €54,973 | €60,062 | +€5,088 | +9.3% |
| Current portion of amounts payable after more than one year | 42 | €31,138 | €47,381 | +€16,243 | +52.2% |
| Trade debts | 44 | €414 | €2,265 | +€1,851 | +447% |
| Suppliers | 440/4 | €414 | €2,265 | +€1,851 | +447% |
| Taxes, remuneration and social security | 45 | €23,421 | €10,415 | -€13,006 | -55.5% |
| Taxes | 450/3 | €23,421 | €7,415 | -€16,006 | -68.3% |
| Remuneration and social security | 454/9 | - | €3,000 | +€3,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,269 | €1,704 | +€435 | +34.3% |
| Gross operating margin | 9900 | €46,449 | €62,974 | +€16,525 | +35.6% |
| Operating profit (loss) | 9901 | €45,181 | €61,271 | +€16,090 | +35.6% |
| Financial income | 75/76B | €241 | €463 | +€221 | +91.6% |
| Recurring financial income | 75 | €241 | €463 | +€221 | +91.6% |
| Financial charges | 65/66B | €2,774 | €2,460 | -€315 | -11.3% |
| Recurring financial charges | 65 | €2,774 | €2,460 | -€315 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | €42,648 | €59,274 | +€16,626 | +39.0% |
| Income taxes | 67/77 | €16,682 | €6,280 | -€10,402 | -62.4% |
| Profit (loss) for the period | 9904 | €25,966 | €52,993 | +€27,027 | +104% |
| Profit (loss) for the period to be appropriated | 9905 | €25,966 | €52,993 | +€27,027 | +104% |
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 15 October 2026 via checked.be.