365 ADDED VALUE: what changed
Two fiscal 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.
365 ADDED VALUE
Largest movements
- Receivables within one year +€21,005
up €21,005 (+71.0%), from €29,596 to €50,601
of which Trade receivables: +€19,300
- Tangible fixed assets -€2,923
down €2,923 (-49.3%), from €5,926 to €3,004
of which Furniture and vehicles: -€2,807
- Profit (loss) carried forward +€13,534
up €13,534 (+43.2%), from €31,334 to €44,868
- Tax, wage and social debts +€8,257
up €8,257 (+27.5%), from €30,029 to €38,286
of which Taxes: +€8,257
- Trade debts -€3,587
down €3,587 (-80.3%), from €4,466 to €879
- Gross operating margin -€22,450
down €22,450 (-52.2%), from €42,982 to €20,532
- Taxes -€4,561
down €4,561 (-52.0%), from €8,775 to €4,214
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 | €79,011 | €97,214 | +€18,204 | +23.0% |
| Fixed assets | 21/28 | €5,926 | €3,004 | -€2,923 | -49.3% |
| Tangible fixed assets | 22/27 | €5,926 | €3,004 | -€2,923 | -49.3% |
| Furniture and vehicles | 24 | €5,492 | €2,686 | -€2,807 | -51.1% |
| Other tangible fixed assets | 26 | €434 | €318 | -€116 | -26.8% |
| Current assets | 29/58 | €73,085 | €94,211 | +€21,126 | +28.9% |
| Amounts receivable within one year | 40/41 | €29,596 | €50,601 | +€21,005 | +71.0% |
| Trade receivables | 40 | €14,379 | €33,678 | +€19,300 | +134.2% |
| Other amounts receivable | 41 | €15,217 | €16,923 | +€1,706 | +11.2% |
| Cash at bank and in hand | 54/58 | €40,642 | €40,018 | -€624 | -1.5% |
| Deferred charges and accrued income | 490/1 | €2,847 | €3,592 | +€746 | +26.2% |
| Total equity and liabilities | 10/49 | €79,011 | €97,214 | +€18,204 | +23.0% |
| Equity | 10/15 | €44,516 | €58,050 | +€13,534 | +30.4% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €13,082 | €13,082 | = | 0.0% |
| Distributable reserves | 133 | €13,082 | €13,082 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,334 | €44,868 | +€13,534 | +43.2% |
| Amounts payable | 17/49 | €34,495 | €39,164 | +€4,670 | +13.5% |
| Amounts payable within one year | 42/48 | €34,495 | €39,164 | +€4,670 | +13.5% |
| Trade debts | 44 | €4,466 | €879 | -€3,587 | -80.3% |
| Suppliers | 440/4 | €4,466 | €879 | -€3,587 | -80.3% |
| Taxes, remuneration and social security | 45 | €30,029 | €38,286 | +€8,257 | +27.5% |
| Taxes | 450/3 | €26,029 | €34,286 | +€8,257 | +31.7% |
| Remuneration and social security | 454/9 | €4,000 | €4,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,267 | €3,509 | +€242 | +7.4% |
| Other operating charges | 640/8 | €407 | €355 | -€52 | -12.8% |
| Gross operating margin | 9900 | €42,982 | €20,532 | -€22,450 | -52.2% |
| Operating profit (loss) | 9901 | €39,308 | €16,668 | -€22,640 | -57.6% |
| Financial income | 75/76B | €931 | €1,315 | +€385 | +41.3% |
| Recurring financial income | 75 | €931 | €1,315 | +€385 | +41.3% |
| Financial charges | 65/66B | €129 | €235 | +€106 | +81.8% |
| Recurring financial charges | 65 | €129 | €235 | +€106 | +81.8% |
| Profit (loss) for the period before taxes | 9903 | €40,109 | €17,748 | -€22,361 | -55.8% |
| Income taxes | 67/77 | €8,775 | €4,214 | -€4,561 | -52.0% |
| Profit (loss) for the period | 9904 | €31,334 | €13,534 | -€17,801 | -56.8% |
| Profit (loss) for the period to be appropriated | 9905 | €31,334 | €13,534 | -€17,801 | -56.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.