704: 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.
704
Largest movements
- Cash +€22,058
up €22,058 (+284.3%), from €7,758 to €29,816
mainly Net result for the year (+€25,028) and Other debts (+€19,038)
- Receivables within one year +€7,434
up €7,434 (+55.9%), from €13,295 to €20,730
of which Other amounts receivable: +€6,273
- Tangible fixed assets -€1,513
down €1,513 (-23.9%), from €6,319 to €4,806
of which Other tangible fixed assets: -€778
- Other debts +€19,038
up €19,038 (+194.2%), from €9,804 to €28,842
- Tax, wage and social debts +€9,083
up €9,083 (+209.0%), from €4,345 to €13,428
- Trade debts +€5,939
up €5,939 (+212.5%), from €2,795 to €8,734
- Reserves -€5,657
down €5,657 (-100.0%), from €5,657 to €0
- Gross operating margin +€27,313
up €27,313 (+215.5%), from €12,676 to €39,989
- Taxes +€8,059
up €8,059 (+257.5%), from €3,130 to €11,189
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 | €28,109 | €56,518 | +€28,409 | +101.1% |
| Fixed assets | 21/28 | €6,319 | €4,806 | -€1,513 | -23.9% |
| Tangible fixed assets | 22/27 | €6,319 | €4,806 | -€1,513 | -23.9% |
| Furniture and vehicles | 24 | €1,832 | €1,097 | -€735 | -40.1% |
| Other tangible fixed assets | 26 | €4,486 | €3,709 | -€778 | -17.3% |
| Current assets | 29/58 | €21,791 | €51,712 | +€29,922 | +137.3% |
| Amounts receivable within one year | 40/41 | €13,295 | €20,730 | +€7,434 | +55.9% |
| Trade receivables | 40 | €13,068 | €14,230 | +€1,162 | +8.9% |
| Other amounts receivable | 41 | €227 | €6,500 | +€6,273 | +2757.3% |
| Cash at bank and in hand | 54/58 | €7,758 | €29,816 | +€22,058 | +284.3% |
| Deferred charges and accrued income | 490/1 | €737 | €1,167 | +€429 | +58.2% |
| Total equity and liabilities | 10/49 | €28,109 | €56,518 | +€28,409 | +101.1% |
| Equity | 10/15 | €10,657 | €5,000 | -€5,657 | -53.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €5,657 | €0 | -€5,657 | -100.0% |
| Distributable reserves | 133 | €5,657 | €0 | -€5,657 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €17,453 | €51,518 | +€34,065 | +195.2% |
| Amounts payable within one year | 42/48 | €17,453 | €51,518 | +€34,065 | +195.2% |
| Financial debts | 43 | €509 | €515 | +€6 | +1.2% |
| Other loans | 439 | €509 | €515 | +€6 | +1.2% |
| Trade debts | 44 | €2,795 | €8,734 | +€5,939 | +212.5% |
| Suppliers | 440/4 | €2,795 | €8,734 | +€5,939 | +212.5% |
| Taxes, remuneration and social security | 45 | €4,345 | €13,428 | +€9,083 | +209.0% |
| Taxes | 450/3 | €4,345 | €13,428 | +€9,083 | +209.0% |
| Other amounts payable | 47/48 | €9,804 | €28,842 | +€19,038 | +194.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,513 | €1,513 | -€0 | 0.0% |
| Other operating charges | 640/8 | €874 | €957 | +€83 | +9.5% |
| Gross operating margin | 9900 | €12,676 | €39,989 | +€27,313 | +215.5% |
| Operating profit (loss) | 9901 | €10,289 | €37,519 | +€27,230 | +264.7% |
| Financial income | 75/76B | €58 | €49 | -€9 | -16.3% |
| Recurring financial income | 75 | €58 | €49 | -€9 | -16.3% |
| Financial charges | 65/66B | €1,561 | €1,351 | -€209 | -13.4% |
| Recurring financial charges | 65 | €1,561 | €1,351 | -€209 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | €8,786 | €36,216 | +€27,430 | +312.2% |
| Income taxes | 67/77 | €3,130 | €11,189 | +€8,059 | +257.5% |
| Profit (loss) for the period | 9904 | €5,657 | €25,028 | +€19,371 | +342.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,657 | €25,028 | +€19,371 | +342.5% |
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 2 October 2026 via checked.be.