2Più: 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.
2Più
Largest movements
- Tangible fixed assets +€85,060
up €85,060 (+44.8%), from €190,060 to €275,120
of which Furniture and vehicles: +€81,220
- Cash -€37,740
down €37,740 (-62.6%), from €60,292 to €22,552
mainly Investment in fixed assets (net) (-€129,134) and Trade debts (-€63,813)
- Profit (loss) carried forward +€80,621
up €80,621 (+167.8%), from €48,051 to €128,672
- Trade debts -€63,813
down €63,813 (-71.5%), from €89,287 to €25,473
- Other debts +€17,632
up €17,632 (+57.2%), from €30,828 to €48,461
- Tax, wage and social debts +€5,947
up €5,947 (+13.1%), from €45,452 to €51,399
of which Taxes: +€5,363
- Current portion of long-term debt +€5,901
up €5,901 (+53.8%), from €10,974 to €16,875
- Gross operating margin +€91,441
up €91,441 (+31.0%), from €295,211 to €386,652
- Staff costs +€26,454
up €26,454 (+12.9%), from €205,804 to €232,258
- Depreciation +€19,045
up €19,045 (+76.1%), from €25,029 to €44,074
- Taxes +€10,072
up €10,072 (+79.5%), from €12,675 to €22,747
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 | €263,747 | €308,790 | +€45,043 | +17.1% |
| Fixed assets | 21/28 | €190,330 | €275,390 | +€85,060 | +44.7% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Tangible fixed assets | 22/27 | €190,060 | €275,120 | +€85,060 | +44.8% |
| Plant, machinery and equipment | 23 | €2,050 | €15,800 | +€13,750 | +670.7% |
| Furniture and vehicles | 24 | €101,010 | €182,230 | +€81,220 | +80.4% |
| Other tangible fixed assets | 26 | €87,000 | €77,090 | -€9,910 | -11.4% |
| Financial fixed assets | 28 | €269 | €269 | = | 0.0% |
| Current assets | 29/58 | €73,416 | €33,399 | -€40,017 | -54.5% |
| Amounts receivable within one year | 40/41 | €13,124 | €10,848 | -€2,277 | -17.3% |
| Trade receivables | 40 | €306 | €2,304 | +€1,998 | +652.7% |
| Other amounts receivable | 41 | €12,818 | €8,544 | -€4,275 | -33.3% |
| Cash at bank and in hand | 54/58 | €60,292 | €22,552 | -€37,740 | -62.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €263,747 | €308,790 | +€45,043 | +17.1% |
| Equity | 10/15 | €48,051 | €128,672 | +€80,621 | +167.8% |
| Profit (loss) carried forward | 14 | €48,051 | €128,672 | +€80,621 | +167.8% |
| Amounts payable | 17/49 | €215,696 | €180,118 | -€35,578 | -16.5% |
| Amounts payable after more than one year | 17 | €35,155 | €33,910 | -€1,245 | -3.5% |
| Financial debts | 170/4 | €35,155 | €33,910 | -€1,245 | -3.5% |
| Amounts payable within one year | 42/48 | €176,541 | €142,208 | -€34,333 | -19.4% |
| Current portion of amounts payable after more than one year | 42 | €10,974 | €16,875 | +€5,901 | +53.8% |
| Trade debts | 44 | €89,287 | €25,473 | -€63,813 | -71.5% |
| Suppliers | 440/4 | €89,287 | €25,473 | -€63,813 | -71.5% |
| Taxes, remuneration and social security | 45 | €45,452 | €51,399 | +€5,947 | +13.1% |
| Taxes | 450/3 | €19,645 | €25,008 | +€5,363 | +27.3% |
| Remuneration and social security | 454/9 | €25,807 | €26,391 | +€584 | +2.3% |
| Other amounts payable | 47/48 | €30,828 | €48,461 | +€17,632 | +57.2% |
| Accrued charges and deferred income | 492/3 | €4,000 | €4,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €205,804 | €232,258 | +€26,454 | +12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,029 | €44,074 | +€19,045 | +76.1% |
| Other operating charges | 640/8 | €714 | €3,126 | +€2,413 | +338.0% |
| Gross operating margin | 9900 | €295,211 | €386,652 | +€91,441 | +31.0% |
| Operating profit (loss) | 9901 | €63,664 | €107,193 | +€43,529 | +68.4% |
| Financial income | 75/76B | €1 | €152 | +€151 | +18232.5% |
| Recurring financial income | 75 | €1 | €152 | +€151 | +18232.5% |
| Financial charges | 65/66B | €3,188 | €3,977 | +€789 | +24.7% |
| Recurring financial charges | 65 | €3,188 | €3,977 | +€789 | +24.7% |
| Profit (loss) for the period before taxes | 9903 | €60,476 | €103,368 | +€42,892 | +70.9% |
| Income taxes | 67/77 | €12,675 | €22,747 | +€10,072 | +79.5% |
| Profit (loss) for the period | 9904 | €47,802 | €80,621 | +€32,819 | +68.7% |
| Profit (loss) for the period to be appropriated | 9905 | €47,802 | €80,621 | +€32,819 | +68.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.