5D: 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.
5D
Largest movements
- Cash +€15,725
up €15,725 (+4,757%), from €331 to €16,056
mainly Current investments (+€14,854) and Trade debts (+€3,057)
- Current investments -€14,854
no longer reported in 2025 (was €14,854)
- Trade debts +€3,057
up €3,057 (+3,057%), from €100 to €3,157
- Gross operating margin -€11,857
down €11,857, from €8,876 to -€2,981
- Financial income +€2,159
up €2,159 (+1,600%), from €135 to €2,294
- Taxes -€2,113
down €2,113, from €1,768 to -€345
- Other operating charges +€142
up €142 (+41.6%), from €341 to €482
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 | €264,048 | €265,464 | +€1,416 | +0.5% |
| Current assets | 29/58 | €264,048 | €265,464 | +€1,416 | +0.5% |
| Amounts receivable after more than one year | 29 | €220,000 | €220,000 | = | 0.0% |
| Other amounts receivable | 291 | €220,000 | €220,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €22,080 | €22,080 | = | 0.0% |
| Stocks | 30/36 | €22,080 | €22,080 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,783 | €7,328 | +€545 | +8.0% |
| Trade receivables | 40 | €5,456 | €5,456 | = | 0.0% |
| Other amounts receivable | 41 | €1,327 | €1,872 | +€545 | +41.1% |
| Current investments | 50/53 | €14,854 | - | -€14,854 | |
| Cash at bank and in hand | 54/58 | €331 | €16,056 | +€15,725 | +4,757% |
| Total equity and liabilities | 10/49 | €264,048 | €265,464 | +€1,416 | +0.5% |
| Equity | 10/15 | €260,531 | €259,617 | -€913 | -0.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €250,425 | €250,425 | = | 0.0% |
| Distributable reserves | 133 | €250,425 | €250,425 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,106 | €6,192 | -€913 | -12.9% |
| Amounts payable | 17/49 | €3,517 | €5,847 | +€2,329 | +66.2% |
| Amounts payable within one year | 42/48 | €3,517 | €5,847 | +€2,329 | +66.2% |
| Trade debts | 44 | €100 | €3,157 | +€3,057 | +3,057% |
| Suppliers | 440/4 | €100 | €3,157 | +€3,057 | +3,057% |
| Taxes, remuneration and social security | 45 | €1,727 | - | -€1,727 | |
| Taxes | 450/3 | €1,727 | - | -€1,727 | |
| Other amounts payable | 47/48 | €1,690 | €2,690 | +€1,000 | +59.2% |
| Non-recurring operating income | 76A | €13,500 | - | -€13,500 | |
| Other operating charges | 640/8 | €341 | €482 | +€142 | +41.6% |
| Gross operating margin | 9900 | €8,876 | -€2,981 | -€11,857 | |
| Operating profit (loss) | 9901 | €8,535 | -€3,463 | -€11,998 | |
| Financial income | 75/76B | €135 | €2,294 | +€2,159 | +1,600% |
| Recurring financial income | 75 | €135 | €2,294 | +€2,159 | +1,600% |
| Financial charges | 65/66B | €93 | €90 | -€3 | -3.2% |
| Recurring financial charges | 65 | €93 | €90 | -€3 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €8,577 | -€1,259 | -€9,836 | |
| Income taxes | 67/77 | €1,768 | -€345 | -€2,113 | |
| Profit (loss) for the period | 9904 | €6,809 | -€913 | -€7,723 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,809 | -€913 | -€7,723 |
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 16 October 2026 via checked.be.