2Make Sense: 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.
2Make Sense
Largest movements
- Receivables within one year +€15,948
up €15,948 (+156.4%), from €10,195 to €26,143
of which Trade receivables: +€15,944
- Cash -€3,063
down €3,063 (-55.1%), from €5,561 to €2,498
mainly Receivables within one year (-€15,948) and Contributions, distributions and other (-€3,824)
- Deferred charges and accrued income -€2,434
down €2,434 (-54.2%), from €4,490 to €2,056
- Tax, wage and social debts +€5,791
up €5,791 (+138.5%), from €4,181 to €9,972
- Profit (loss) carried forward +€4,618
up €4,618 (+288.4%), from €1,601 to €6,219
- Trade debts -€1,673
down €1,673 (-41.4%), from €4,040 to €2,367
- Other debts +€1,532
up €1,532 (+66.8%), from €2,293 to €3,825
- Gross operating margin +€15,524
up €15,524 (+916.4%), from €1,694 to €17,218
- Taxes +€2,677
up €2,677 (+144.4%), from €1,853 to €4,530
- Other operating charges +€563
up €563 (+157.8%), from €357 to €920
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 | €20,887 | €31,156 | +€10,269 | +49.2% |
| Fixed assets | 21/28 | €641 | €458 | -€183 | -28.5% |
| Tangible fixed assets | 22/27 | €641 | €458 | -€183 | -28.5% |
| Furniture and vehicles | 24 | €641 | €458 | -€183 | -28.5% |
| Current assets | 29/58 | €20,246 | €30,698 | +€10,452 | +51.6% |
| Amounts receivable within one year | 40/41 | €10,195 | €26,143 | +€15,948 | +156.4% |
| Trade receivables | 40 | €10,195 | €26,139 | +€15,944 | +156.4% |
| Other amounts receivable | 41 | - | €5 | +€5 | |
| Cash at bank and in hand | 54/58 | €5,561 | €2,498 | -€3,063 | -55.1% |
| Deferred charges and accrued income | 490/1 | €4,490 | €2,056 | -€2,434 | -54.2% |
| Total equity and liabilities | 10/49 | €20,887 | €31,156 | +€10,269 | +49.2% |
| Equity | 10/15 | €10,373 | €14,991 | +€4,618 | +44.5% |
| Contributions | 10/11 | €6,772 | €6,772 | +€0 | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,601 | €6,219 | +€4,618 | +288.4% |
| Amounts payable | 17/49 | €10,514 | €16,165 | +€5,651 | +53.7% |
| Amounts payable within one year | 42/48 | €10,514 | €16,165 | +€5,651 | +53.7% |
| Trade debts | 44 | €4,040 | €2,367 | -€1,673 | -41.4% |
| Suppliers | 440/4 | €4,040 | €2,367 | -€1,673 | -41.4% |
| Taxes, remuneration and social security | 45 | €4,181 | €9,972 | +€5,791 | +138.5% |
| Taxes | 450/3 | €4,181 | €9,972 | +€5,791 | +138.5% |
| Other amounts payable | 47/48 | €2,293 | €3,825 | +€1,532 | +66.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €182 | €182 | +€0 | +0.3% |
| Other operating charges | 640/8 | €357 | €920 | +€563 | +157.8% |
| Non-recurring operating charges | 66A | - | €0 | +€0 | |
| Gross operating margin | 9900 | €1,694 | €17,218 | +€15,524 | +916.4% |
| Operating profit (loss) | 9901 | €1,155 | €16,115 | +€14,960 | +1295.2% |
| Financial charges | 65/66B | €3,142 | €3,143 | +€1 | 0.0% |
| Recurring financial charges | 65 | €3,142 | €3,143 | +€1 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,987 | €12,972 | +€14,959 | |
| Income taxes | 67/77 | €1,853 | €4,530 | +€2,677 | +144.4% |
| Profit (loss) for the period | 9904 | -€3,840 | €8,443 | +€12,283 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,840 | €8,443 | +€12,283 |
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 10 October 2026 via checked.be.