A+ ACCOUNT: what changed
A+ ACCOUNT
Largest movements
- Stocks and contracts +€355,000
new in 2025: €355,000
- Receivables within one year -€197,039
down €197,039 (-96.2%), from €204,900 to €7,861
- Cash -€134,056
down €134,056 (-69.8%), from €192,184 to €58,128
mainly Stocks and contracts (-€355,000) and Tax, wage and social debts (-€76,072)
- Tax, wage and social debts -€76,072
down €76,072 (-55.8%), from €136,298 to €60,226
of which Taxes: -€59,991
- Profit (loss) carried forward +€49,444
up €49,444 (+20.6%), from €240,210 to €289,654
- Other debts +€45,325
up €45,325 (+38,976%), from €116 to €45,441
- Trade debts +€5,208
new in 2025: €5,208
- Gross operating margin -€149,455
down €149,455 (-56.6%), from €263,919 to €114,464
- Taxes -€49,907
down €49,907 (-70.4%), from €70,884 to €20,978
- Other operating charges +€43,140
up €43,140 (+5,171%), from €834 to €43,974
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €397,084 | €420,990 | +€23,905 | +6.0% |
| Current assets | 29/58 | €397,084 | €420,990 | +€23,905 | +6.0% |
| Stocks and contracts in progress | 3 | - | €355,000 | +€355,000 | |
| Stocks | 30/36 | - | €355,000 | +€355,000 | |
| Amounts receivable within one year | 40/41 | €204,900 | €7,861 | -€197,039 | -96.2% |
| Trade receivables | 40 | €204,900 | €7,861 | -€197,039 | -96.2% |
| Cash at bank and in hand | 54/58 | €192,184 | €58,128 | -€134,056 | -69.8% |
| Total equity and liabilities | 10/49 | €397,084 | €420,990 | +€23,905 | +6.0% |
| Equity | 10/15 | €260,670 | €310,114 | +€49,444 | +19.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €240,210 | €289,654 | +€49,444 | +20.6% |
| Amounts payable | 17/49 | €136,414 | €110,876 | -€25,539 | -18.7% |
| Amounts payable within one year | 42/48 | €136,414 | €110,876 | -€25,539 | -18.7% |
| Trade debts | 44 | - | €5,208 | +€5,208 | |
| Suppliers | 440/4 | - | €5,208 | +€5,208 | |
| Taxes, remuneration and social security | 45 | €136,298 | €60,226 | -€76,072 | -55.8% |
| Taxes | 450/3 | €120,217 | €60,226 | -€59,991 | -49.9% |
| Remuneration and social security | 454/9 | €16,081 | - | -€16,081 | |
| Other amounts payable | 47/48 | €116 | €45,441 | +€45,325 | +38,976% |
| Other operating charges | 640/8 | €834 | €43,974 | +€43,140 | +5,171% |
| Gross operating margin | 9900 | €263,919 | €114,464 | -€149,455 | -56.6% |
| Operating profit (loss) | 9901 | €263,085 | €70,490 | -€192,595 | -73.2% |
| Financial charges | 65/66B | €45 | €68 | +€23 | +51.5% |
| Recurring financial charges | 65 | €45 | €68 | +€23 | +51.5% |
| Profit (loss) for the period before taxes | 9903 | €263,040 | €70,421 | -€192,618 | -73.2% |
| Income taxes | 67/77 | €70,884 | €20,978 | -€49,907 | -70.4% |
| Profit (loss) for the period | 9904 | €192,155 | €49,444 | -€142,712 | -74.3% |
| Profit (loss) for the period to be appropriated | 9905 | €192,155 | €49,444 | -€142,712 | -74.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.