2N1: 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.
2N1
Largest movements
- Receivables within one year +€20,071
up €20,071 (+59.9%), from €33,493 to €53,564
of which Other amounts receivable: +€20,748
- Tangible fixed assets -€7,509
down €7,509 (-33.4%), from €22,504 to €14,995
- Cash -€6,867
down €6,867 (-24.3%), from €28,282 to €21,415
mainly Receivables within one year (-€20,071) and Debts after one year (-€4,731)
- Reserves +€6,000
up €6,000 (+10.4%), from €57,909 to €63,909
- Debts after one year -€4,731
down €4,731 (-85.4%), from €5,537 to €806
- Tax, wage and social debts +€4,444
up €4,444 (+54.8%), from €8,102 to €12,546
of which Remuneration and social security: +€2,648
- Gross operating margin +€1,482
up €1,482 (+6.3%), from €23,387 to €24,869
- Financial income +€952
up €952 (+243%), from €392 to €1,344
- Taxes +€843
up €843 (+22.0%), from €3,840 to €4,683
- Other operating charges -€372
down €372 (-26.4%), from €1,410 to €1,038
- Financial charges -€305
down €305 (-43.0%), from €708 to €403
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 | €88,155 | €93,937 | +€5,782 | +6.6% |
| Fixed assets | 21/28 | €25,243 | €17,734 | -€7,509 | -29.7% |
| Tangible fixed assets | 22/27 | €22,504 | €14,995 | -€7,509 | -33.4% |
| Furniture and vehicles | 24 | €22,504 | €14,995 | -€7,509 | -33.4% |
| Financial fixed assets | 28 | €2,739 | €2,739 | = | 0.0% |
| Current assets | 29/58 | €62,912 | €76,203 | +€13,291 | +21.1% |
| Amounts receivable within one year | 40/41 | €33,493 | €53,564 | +€20,071 | +59.9% |
| Trade receivables | 40 | €19,058 | €18,380 | -€678 | -3.6% |
| Other amounts receivable | 41 | €14,436 | €35,184 | +€20,748 | +144% |
| Cash at bank and in hand | 54/58 | €28,282 | €21,415 | -€6,867 | -24.3% |
| Deferred charges and accrued income | 490/1 | €1,137 | €1,224 | +€87 | +7.7% |
| Total equity and liabilities | 10/49 | €88,155 | €93,937 | +€5,782 | +6.6% |
| Equity | 10/15 | €64,452 | €70,453 | +€6,001 | +9.3% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €57,909 | €63,909 | +€6,000 | +10.4% |
| Non-distributable reserves | 130/1 | €57,909 | €63,909 | +€6,000 | +10.4% |
| Reserves not available under the articles | 1311 | €57,909 | €63,909 | +€6,000 | +10.4% |
| Profit (loss) carried forward | 14 | €345 | €346 | +€1 | +0.3% |
| Amounts payable | 17/49 | €23,704 | €23,485 | -€219 | -0.9% |
| Amounts payable after more than one year | 17 | €5,537 | €806 | -€4,731 | -85.4% |
| Financial debts | 170/4 | €5,537 | €806 | -€4,731 | -85.4% |
| Amounts payable within one year | 42/48 | €18,166 | €21,957 | +€3,790 | +20.9% |
| Current portion of amounts payable after more than one year | 42 | €4,554 | €4,731 | +€178 | +3.9% |
| Trade debts | 44 | €5,511 | €4,679 | -€831 | -15.1% |
| Suppliers | 440/4 | €5,511 | €4,679 | -€831 | -15.1% |
| Taxes, remuneration and social security | 45 | €8,102 | €12,546 | +€4,444 | +54.8% |
| Taxes | 450/3 | €8,102 | €9,898 | +€1,796 | +22.2% |
| Remuneration and social security | 454/9 | - | €2,648 | +€2,648 | |
| Accrued charges and deferred income | 492/3 | - | €722 | +€722 | |
| Remuneration, social security and pensions | 62 | €6,225 | €6,144 | -€82 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,011 | €7,944 | -€66 | -0.8% |
| Other operating charges | 640/8 | €1,410 | €1,038 | -€372 | -26.4% |
| Gross operating margin | 9900 | €23,387 | €24,869 | +€1,482 | +6.3% |
| Operating profit (loss) | 9901 | €7,741 | €9,743 | +€2,001 | +25.9% |
| Financial income | 75/76B | €392 | €1,344 | +€952 | +243% |
| Recurring financial income | 75 | €392 | €1,344 | +€952 | +243% |
| Financial charges | 65/66B | €708 | €403 | -€305 | -43.0% |
| Recurring financial charges | 65 | €708 | €403 | -€305 | -43.0% |
| Profit (loss) for the period before taxes | 9903 | €7,426 | €10,684 | +€3,258 | +43.9% |
| Income taxes | 67/77 | €3,840 | €4,683 | +€843 | +22.0% |
| Profit (loss) for the period | 9904 | €3,586 | €6,001 | +€2,415 | +67.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,586 | €6,001 | +€2,415 | +67.3% |
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 22 October 2026 via checked.be.