2Lo: 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.
2Lo
Largest movements
- Current investments +€50,000
new in 2025: €50,000
- Cash -€49,733
down €49,733 (-64.2%), from €77,440 to €27,706
mainly Contributions, distributions and other (-€74,232) and Current investments (-€50,000)
- Tangible fixed assets -€3,487
down €3,487 (-59.4%), from €5,867 to €2,380
- Other debts +€77,118
new in 2025: €77,118
- Profit (loss) carried forward -€68,171
down €68,171 (-100%), from €68,171 to €0
- Tax, wage and social debts -€13,807
down €13,807 (-67.6%), from €20,424 to €6,617
- Trade debts +€1,824
up €1,824 (+1,420%), from €128 to €1,952
- Gross operating margin +€5,117
up €5,117 (+90.9%), from €5,628 to €10,745
- Financial income +€1,452
up €1,452 (+3,631%), from €40 to €1,492
- Taxes +€537
up €537 (+35.7%), from €1,503 to €2,040
- Depreciation +€367
up €367 (+11.8%), from €3,119 to €3,487
- Other operating charges +€112
up €112 (+22.6%), from €497 to €610
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 | €91,724 | €88,688 | -€3,036 | -3.3% |
| Fixed assets | 21/28 | €6,142 | €2,655 | -€3,487 | -56.8% |
| Tangible fixed assets | 22/27 | €5,867 | €2,380 | -€3,487 | -59.4% |
| Furniture and vehicles | 24 | €5,867 | €2,380 | -€3,487 | -59.4% |
| Financial fixed assets | 28 | €275 | €275 | = | 0.0% |
| Current assets | 29/58 | €85,582 | €86,033 | +€451 | +0.5% |
| Amounts receivable within one year | 40/41 | €8,142 | €8,326 | +€184 | +2.3% |
| Trade receivables | 40 | €8,142 | €8,326 | +€184 | +2.3% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €77,440 | €27,706 | -€49,733 | -64.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €91,724 | €88,688 | -€3,036 | -3.3% |
| Equity | 10/15 | €71,171 | €3,000 | -€68,171 | -95.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,171 | €0 | -€68,171 | -100% |
| Amounts payable | 17/49 | €20,552 | €85,688 | +€65,135 | +317% |
| Amounts payable within one year | 42/48 | €20,552 | €85,688 | +€65,135 | +317% |
| Trade debts | 44 | €128 | €1,952 | +€1,824 | +1,420% |
| Suppliers | 440/4 | €128 | €1,952 | +€1,824 | +1,420% |
| Taxes, remuneration and social security | 45 | €20,424 | €6,617 | -€13,807 | -67.6% |
| Taxes | 450/3 | €20,424 | €6,617 | -€13,807 | -67.6% |
| Other amounts payable | 47/48 | - | €77,118 | +€77,118 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,119 | €3,487 | +€367 | +11.8% |
| Other operating charges | 640/8 | €497 | €610 | +€112 | +22.6% |
| Gross operating margin | 9900 | €5,628 | €10,745 | +€5,117 | +90.9% |
| Operating profit (loss) | 9901 | €2,012 | €6,649 | +€4,637 | +230% |
| Financial income | 75/76B | €40 | €1,492 | +€1,452 | +3,631% |
| Recurring financial income | 75 | €40 | €1,492 | +€1,452 | +3,631% |
| Financial charges | 65/66B | €48 | €40 | -€8 | -15.9% |
| Recurring financial charges | 65 | €48 | €40 | -€8 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €2,004 | €8,101 | +€6,097 | +304% |
| Income taxes | 67/77 | €1,503 | €2,040 | +€537 | +35.7% |
| Profit (loss) for the period | 9904 | €501 | €6,061 | +€5,560 | +1,111% |
| Profit (loss) for the period to be appropriated | 9905 | €501 | €6,061 | +€5,560 | +1,111% |
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.