22Eight: 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.
22Eight
Largest movements
- Receivables within one year +€20,717
up €20,717 (+682%), from €3,037 to €23,753
of which Trade receivables: +€18,417
- Cash +€6,885
up €6,885 (+1,303%), from €528 to €7,414
mainly Net result for the year (+€34,141) and Trade debts (+€1,486)
- Tangible fixed assets +€2,381
up €2,381 (+1,549%), from €154 to €2,535
of which Plant, machinery and equipment: +€2,535
- Profit (loss) carried forward +€34,141
up €34,141 (+52.3%), from -€65,241 to -€31,100
- Other debts -€4,565
down €4,565 (-9.2%), from €49,542 to €44,977
- Trade debts +€1,486
up €1,486 (+372%), from €399 to €1,886
- Tax, wage and social debts -€656
down €656 (-40.2%), from €1,632 to €976
- Gross operating margin +€36,518
up €36,518, from -€998 to €35,519
- Depreciation -€6,866
down €6,866 (-97.6%), from €7,033 to €167
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 | €5,239 | €35,338 | +€30,100 | +575% |
| Fixed assets | 21/28 | €154 | €2,535 | +€2,381 | +1,549% |
| Tangible fixed assets | 22/27 | €154 | €2,535 | +€2,381 | +1,549% |
| Plant, machinery and equipment | 23 | - | €2,535 | +€2,535 | |
| Furniture and vehicles | 24 | €154 | €0 | -€154 | -100% |
| Current assets | 29/58 | €5,085 | €32,804 | +€27,719 | +545% |
| Stocks and contracts in progress | 3 | €1,520 | €1,520 | = | 0.0% |
| Stocks | 30/36 | €1,520 | €1,520 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,037 | €23,753 | +€20,717 | +682% |
| Trade receivables | 40 | €3,037 | €21,453 | +€18,417 | +606% |
| Other amounts receivable | 41 | €0 | €2,300 | +€2,300 | |
| Cash at bank and in hand | 54/58 | €528 | €7,414 | +€6,885 | +1,303% |
| Deferred charges and accrued income | 490/1 | - | €117 | +€117 | |
| Total equity and liabilities | 10/49 | €5,239 | €35,338 | +€30,100 | +575% |
| Equity | 10/15 | -€46,641 | -€12,500 | +€34,141 | +73.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,241 | -€31,100 | +€34,141 | +52.3% |
| Amounts payable | 17/49 | €51,880 | €47,839 | -€4,041 | -7.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €51,880 | €47,839 | -€4,041 | -7.8% |
| Current portion of amounts payable after more than one year | 42 | €307 | €0 | -€307 | -100% |
| Trade debts | 44 | €399 | €1,886 | +€1,486 | +372% |
| Suppliers | 440/4 | €399 | €1,886 | +€1,486 | +372% |
| Taxes, remuneration and social security | 45 | €1,632 | €976 | -€656 | -40.2% |
| Taxes | 450/3 | €1,632 | €976 | -€656 | -40.2% |
| Other amounts payable | 47/48 | €49,542 | €44,977 | -€4,565 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,033 | €167 | -€6,866 | -97.6% |
| Other operating charges | 640/8 | €910 | €783 | -€126 | -13.9% |
| Gross operating margin | 9900 | -€998 | €35,519 | +€36,518 | |
| Operating profit (loss) | 9901 | -€8,941 | €34,569 | +€43,510 | |
| Financial charges | 65/66B | €271 | €184 | -€87 | -32.1% |
| Recurring financial charges | 65 | €271 | €184 | -€87 | -32.1% |
| Profit (loss) for the period before taxes | 9903 | -€9,212 | €34,385 | +€43,597 | |
| Income taxes | 67/77 | €266 | €244 | -€22 | -8.4% |
| Profit (loss) for the period | 9904 | -€9,478 | €34,141 | +€43,619 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,478 | €34,141 | +€43,619 |
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 14 October 2026 via checked.be.