2improveU: 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.
2improveU
Largest movements
- Cash +€43,141
up €43,141 (+53.3%), from €81,002 to €124,143
mainly Net result for the year (+€64,086) and Deferred charges and accrued income (+€15,936)
- Deferred charges and accrued income -€15,936
down €15,936 (-82.3%), from €19,369 to €3,434
- Receivables within one year +€2,184
up €2,184 (+8.6%), from €25,441 to €27,624
of which Other amounts receivable: +€1,198
- Reserves +€64,086
up €64,086 (+83.5%), from €76,793 to €140,879
- Other debts -€16,607
no longer reported in 2025 (was €16,607)
- Trade debts -€9,870
down €9,870 (-95.6%), from €10,328 to €458
- Tax, wage and social debts -€7,138
down €7,138 (-35.5%), from €20,084 to €12,946
- Gross operating margin +€41,238
up €41,238 (+87.9%), from €46,910 to €88,148
- Taxes +€11,178
up €11,178 (+103.8%), from €10,765 to €21,943
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.
Cash bridge derived
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 | €125,812 | €156,283 | +€30,471 | +24.2% |
| Fixed assets | 21/28 | - | €1,082 | +€1,082 | |
| Tangible fixed assets | 22/27 | - | €1,082 | +€1,082 | |
| Plant, machinery and equipment | 23 | - | €1,082 | +€1,082 | |
| Current assets | 29/58 | €125,812 | €155,201 | +€29,389 | +23.4% |
| Amounts receivable within one year | 40/41 | €25,441 | €27,624 | +€2,184 | +8.6% |
| Trade receivables | 40 | €25,229 | €26,215 | +€986 | +3.9% |
| Other amounts receivable | 41 | €212 | €1,410 | +€1,198 | +564.3% |
| Cash at bank and in hand | 54/58 | €81,002 | €124,143 | +€43,141 | +53.3% |
| Deferred charges and accrued income | 490/1 | €19,369 | €3,434 | -€15,936 | -82.3% |
| Total equity and liabilities | 10/49 | €125,812 | €156,283 | +€30,471 | +24.2% |
| Equity | 10/15 | €78,793 | €142,879 | +€64,086 | +81.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €76,793 | €140,879 | +€64,086 | +83.5% |
| Distributable reserves | 133 | €76,793 | €140,879 | +€64,086 | +83.5% |
| Amounts payable | 17/49 | €47,019 | €13,404 | -€33,615 | -71.5% |
| Amounts payable within one year | 42/48 | €47,019 | €13,404 | -€33,615 | -71.5% |
| Trade debts | 44 | €10,328 | €458 | -€9,870 | -95.6% |
| Suppliers | 440/4 | €10,328 | €458 | -€9,870 | -95.6% |
| Taxes, remuneration and social security | 45 | €20,084 | €12,946 | -€7,138 | -35.5% |
| Taxes | 450/3 | €20,084 | €12,946 | -€7,138 | -35.5% |
| Other amounts payable | 47/48 | €16,607 | - | -€16,607 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €297 | +€297 | |
| Other operating charges | 640/8 | €2,366 | €1,494 | -€872 | -36.9% |
| Gross operating margin | 9900 | €46,910 | €88,148 | +€41,238 | +87.9% |
| Operating profit (loss) | 9901 | €44,544 | €86,357 | +€41,813 | +93.9% |
| Financial income | 75/76B | €43 | €0 | -€43 | -99.3% |
| Recurring financial income | 75 | €43 | €0 | -€43 | -99.3% |
| Financial charges | 65/66B | €159 | €328 | +€169 | +106.8% |
| Recurring financial charges | 65 | €159 | €328 | +€169 | +106.8% |
| Profit (loss) for the period before taxes | 9903 | €44,428 | €86,029 | +€41,601 | +93.6% |
| Income taxes | 67/77 | €10,765 | €21,943 | +€11,178 | +103.8% |
| Profit (loss) for the period | 9904 | €33,663 | €64,086 | +€30,423 | +90.4% |
| Profit (loss) for the period to be appropriated | 9905 | €33,663 | €64,086 | +€30,423 | +90.4% |
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 9 October 2026 via checked.be.