2BEARS: 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.
2BEARS
Largest movements
- Cash +€91,747
up €91,747 (+370%), from €24,794 to €116,541
mainly Net result for the year (+€68,283) and Tax, wage and social debts (+€29,023)
- Receivables within one year +€7,994
up €7,994 (+633%), from €1,263 to €9,257
of which Trade receivables: +€8,167
- Reserves +€68,283
up €68,283 (+493%), from €13,856 to €82,139
- Tax, wage and social debts +€29,023
up €29,023 (+836%), from €3,473 to €32,496
of which Taxes: +€23,023
- Trade debts +€6,190
up €6,190 (+1,977%), from €313 to €6,503
- Other debts -€2,865
down €2,865 (-83.9%), from €3,415 to €550
- Gross operating margin +€68,745
up €68,745 (+397%), from €17,335 to €86,080
- Taxes +€14,198
up €14,198 (+409%), from €3,473 to €17,671
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 | €26,057 | €126,688 | +€100,631 | +386% |
| Current assets | 29/58 | €26,057 | €126,688 | +€100,631 | +386% |
| Amounts receivable within one year | 40/41 | €1,263 | €9,257 | +€7,994 | +633% |
| Trade receivables | 40 | €1,090 | €9,257 | +€8,167 | +749% |
| Other amounts receivable | 41 | €173 | - | -€173 | |
| Cash at bank and in hand | 54/58 | €24,794 | €116,541 | +€91,747 | +370% |
| Deferred charges and accrued income | 490/1 | - | €890 | +€890 | |
| Total equity and liabilities | 10/49 | €26,057 | €126,688 | +€100,631 | +386% |
| Equity | 10/15 | €18,856 | €87,139 | +€68,283 | +362% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €13,856 | €82,139 | +€68,283 | +493% |
| Distributable reserves | 133 | €13,856 | €82,139 | +€68,283 | +493% |
| Amounts payable | 17/49 | €7,201 | €39,548 | +€32,348 | +449% |
| Amounts payable within one year | 42/48 | €7,201 | €39,548 | +€32,348 | +449% |
| Trade debts | 44 | €313 | €6,503 | +€6,190 | +1,977% |
| Suppliers | 440/4 | €313 | €6,503 | +€6,190 | +1,977% |
| Taxes, remuneration and social security | 45 | €3,473 | €32,496 | +€29,023 | +836% |
| Taxes | 450/3 | €3,473 | €26,496 | +€23,023 | +663% |
| Remuneration and social security | 454/9 | - | €6,000 | +€6,000 | |
| Other amounts payable | 47/48 | €3,415 | €550 | -€2,865 | -83.9% |
| Gross operating margin | 9900 | €17,335 | €86,080 | +€68,745 | +397% |
| Operating profit (loss) | 9901 | €17,335 | €86,080 | +€68,745 | +397% |
| Financial charges | 65/66B | €6 | €126 | +€120 | +1,946% |
| Recurring financial charges | 65 | €6 | €126 | +€120 | +1,946% |
| Profit (loss) for the period before taxes | 9903 | €17,329 | €85,954 | +€68,625 | +396% |
| Income taxes | 67/77 | €3,473 | €17,671 | +€14,198 | +409% |
| Profit (loss) for the period | 9904 | €13,856 | €68,283 | +€54,427 | +393% |
| Profit (loss) for the period to be appropriated | 9905 | €13,856 | €68,283 | +€54,427 | +393% |
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.