28happy: 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.
28happy
Largest movements
- Cash +€45,697
up €45,697 (+554%), from €8,254 to €53,951
mainly Other debts (+€181,486) and Net result for the year (+€39,947)
- Financial fixed assets +€40,000
up €40,000 (+31.4%), from €127,230 to €167,230
- Other debts +€181,486
up €181,486 (+1,008%), from €18,000 to €199,486
- Profit (loss) carried forward -€110,053
down €110,053 (-67.5%), from €163,081 to €53,028
- Tax, wage and social debts +€17,110
up €17,110 (+167%), from €10,273 to €27,383
- Financial charges +€56,660
up €56,660 (+77,088%), from €74 to €56,734
- Gross operating margin +€26,661
up €26,661 (+31.0%), from €86,076 to €112,737
- Taxes -€5,421
down €5,421 (-28.7%), from €18,892 to €13,471
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 | €199,209 | €285,383 | +€86,174 | +43.3% |
| Fixed assets | 21/28 | €134,924 | €173,127 | +€38,204 | +28.3% |
| Tangible fixed assets | 22/27 | €7,693 | €5,897 | -€1,796 | -23.3% |
| Furniture and vehicles | 24 | €7,693 | €5,897 | -€1,796 | -23.3% |
| Financial fixed assets | 28 | €127,230 | €167,230 | +€40,000 | +31.4% |
| Current assets | 29/58 | €64,286 | €112,255 | +€47,970 | +74.6% |
| Amounts receivable within one year | 40/41 | €54,813 | €57,467 | +€2,654 | +4.8% |
| Trade receivables | 40 | €52,851 | €56,333 | +€3,482 | +6.6% |
| Other amounts receivable | 41 | €1,963 | €1,134 | -€829 | -42.2% |
| Cash at bank and in hand | 54/58 | €8,254 | €53,951 | +€45,697 | +554% |
| Deferred charges and accrued income | 490/1 | €1,218 | €837 | -€381 | -31.3% |
| Total equity and liabilities | 10/49 | €199,209 | €285,383 | +€86,174 | +43.3% |
| Equity | 10/15 | €168,081 | €58,028 | -€110,053 | -65.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €163,081 | €53,028 | -€110,053 | -67.5% |
| Amounts payable | 17/49 | €31,128 | €227,355 | +€196,227 | +630% |
| Amounts payable within one year | 42/48 | €29,493 | €227,355 | +€197,862 | +671% |
| Trade debts | 44 | €1,220 | €486 | -€734 | -60.2% |
| Suppliers | 440/4 | €1,220 | €486 | -€734 | -60.2% |
| Taxes, remuneration and social security | 45 | €10,273 | €27,383 | +€17,110 | +167% |
| Taxes | 450/3 | €10,273 | €27,383 | +€17,110 | +167% |
| Other amounts payable | 47/48 | €18,000 | €199,486 | +€181,486 | +1,008% |
| Accrued charges and deferred income | 492/3 | €1,635 | - | -€1,635 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,375 | €2,187 | -€189 | -7.9% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €86,076 | €112,737 | +€26,661 | +31.0% |
| Operating profit (loss) | 9901 | €83,314 | €110,151 | +€26,837 | +32.2% |
| Financial income | 75/76B | €25 | - | -€25 | |
| Recurring financial income | 75 | €25 | - | -€25 | |
| Financial charges | 65/66B | €74 | €56,734 | +€56,660 | +77,088% |
| Recurring financial charges | 65 | €74 | €56,734 | +€56,660 | +77,088% |
| Profit (loss) for the period before taxes | 9903 | €83,265 | €53,418 | -€29,848 | -35.8% |
| Income taxes | 67/77 | €18,892 | €13,471 | -€5,421 | -28.7% |
| Profit (loss) for the period | 9904 | €64,373 | €39,947 | -€24,426 | -37.9% |
| Profit (loss) for the period to be appropriated | 9905 | €64,373 | €39,947 | -€24,426 | -37.9% |
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 13 October 2026 via checked.be.