A Build: 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.
A Build
Largest movements
- Tangible fixed assets -€4,197
down €4,197 (-100.0%), from €4,197 to €0
- Cash +€2,887
up €2,887 (+46.0%), from €6,278 to €9,165
mainly Net result for the year (+€6,340) and Investment in fixed assets (net) (+€4,197)
- Receivables within one year -€594
down €594 (-1.5%), from €38,325 to €37,732
of which Other amounts receivable: -€1,594
- Deferred charges and accrued income -€587
down €587 (-79.6%), from €737 to €150
- Reserves +€6,340
up €6,340 (+19.0%), from €33,389 to €39,730
- Current portion of long-term debt -€4,508
down €4,508 (-57.8%), from €7,799 to €3,291
- Debts after one year -€3,291
down €3,291 (-100.0%), from €3,291 to €0
- Tax, wage and social debts -€1,250
down €1,250 (-31.3%), from €4,000 to €2,750
- Depreciation -€11,263
down €11,263 (-100.0%), from €11,263 to €0
- Gross operating margin -€8,827
down €8,827 (-42.8%), from €20,620 to €11,794
- Taxes +€264
up €264 (+12.7%), from €2,081 to €2,344
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 | €49,537 | €47,047 | -€2,490 | -5.0% |
| Fixed assets | 21/28 | €4,197 | €0 | -€4,197 | -100.0% |
| Tangible fixed assets | 22/27 | €4,197 | €0 | -€4,197 | -100.0% |
| Furniture and vehicles | 24 | €4,197 | €0 | -€4,197 | -100.0% |
| Current assets | 29/58 | €45,340 | €47,047 | +€1,707 | +3.8% |
| Amounts receivable within one year | 40/41 | €38,325 | €37,732 | -€594 | -1.5% |
| Trade receivables | 40 | €35,000 | €36,000 | +€1,000 | +2.9% |
| Other amounts receivable | 41 | €3,325 | €1,732 | -€1,594 | -47.9% |
| Cash at bank and in hand | 54/58 | €6,278 | €9,165 | +€2,887 | +46.0% |
| Deferred charges and accrued income | 490/1 | €737 | €150 | -€587 | -79.6% |
| Total equity and liabilities | 10/49 | €49,537 | €47,047 | -€2,490 | -5.0% |
| Equity | 10/15 | €33,497 | €39,838 | +€6,340 | +18.9% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €33,389 | €39,730 | +€6,340 | +19.0% |
| Distributable reserves | 133 | €33,389 | €39,730 | +€6,340 | +19.0% |
| Profit (loss) carried forward | 14 | €8 | €8 | = | 0.0% |
| Amounts payable | 17/49 | €16,040 | €7,209 | -€8,830 | -55.1% |
| Amounts payable after more than one year | 17 | €3,291 | €0 | -€3,291 | -100.0% |
| Financial debts | 170/4 | €3,291 | €0 | -€3,291 | -100.0% |
| Amounts payable within one year | 42/48 | €12,748 | €7,209 | -€5,539 | -43.4% |
| Current portion of amounts payable after more than one year | 42 | €7,799 | €3,291 | -€4,508 | -57.8% |
| Trade debts | 44 | €949 | €1,168 | +€219 | +23.0% |
| Suppliers | 440/4 | €949 | €1,168 | +€219 | +23.0% |
| Taxes, remuneration and social security | 45 | €4,000 | €2,750 | -€1,250 | -31.3% |
| Remuneration and social security | 454/9 | €4,000 | €2,750 | -€1,250 | -31.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,263 | €0 | -€11,263 | -100.0% |
| Other operating charges | 640/8 | €1,109 | €1,167 | +€58 | +5.2% |
| Non-recurring operating charges | 66A | - | €1,717 | +€1,717 | |
| Gross operating margin | 9900 | €20,620 | €11,794 | -€8,827 | -42.8% |
| Operating profit (loss) | 9901 | €8,249 | €8,910 | +€662 | +8.0% |
| Financial charges | 65/66B | €365 | €226 | -€139 | -38.1% |
| Recurring financial charges | 65 | €365 | €226 | -€139 | -38.1% |
| Profit (loss) for the period before taxes | 9903 | €7,884 | €8,685 | +€801 | +10.2% |
| Income taxes | 67/77 | €2,081 | €2,344 | +€264 | +12.7% |
| Profit (loss) for the period | 9904 | €5,803 | €6,340 | +€537 | +9.3% |
| Profit (loss) for the period to be appropriated | 9905 | €5,803 | €6,340 | +€537 | +9.3% |
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 6 October 2026 via checked.be.