A Factory: 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.
A Factory
Largest movements
- Receivables within one year +€47,625
up €47,625 (+44.6%), from €106,832 to €154,457
of which Other amounts receivable: +€29,405
- Reserves +€28,081
up €28,081 (+44.3%), from €63,339 to €91,420
- Current portion of long-term debt +€12,881
new in 2025: €12,881
- Tax, wage and social debts +€6,412
up €6,412 (+22.8%), from €28,120 to €34,532
- Gross operating margin -€4,788
down €4,788 (-11.0%), from €43,593 to €38,806
- Financial charges +€3,678
up €3,678 (+309%), from €1,192 to €4,870
- Taxes -€2,060
down €2,060 (-18.3%), from €11,248 to €9,189
- Financial income +€1,316
up €1,316 (+31.3%), from €4,203 to €5,520
- Other operating charges +€1,248
up €1,248 (+133%), from €938 to €2,186
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 | €107,557 | €155,052 | +€47,495 | +44.2% |
| Current assets | 29/58 | €107,557 | €155,052 | +€47,495 | +44.2% |
| Amounts receivable within one year | 40/41 | €106,832 | €154,457 | +€47,625 | +44.6% |
| Trade receivables | 40 | €16,130 | €34,350 | +€18,220 | +113% |
| Other amounts receivable | 41 | €90,702 | €120,107 | +€29,405 | +32.4% |
| Cash at bank and in hand | 54/58 | €0 | €595 | +€595 | |
| Deferred charges and accrued income | 490/1 | €726 | €0 | -€726 | -100% |
| Total equity and liabilities | 10/49 | €107,557 | €155,052 | +€47,495 | +44.2% |
| Equity | 10/15 | €65,839 | €93,920 | +€28,081 | +42.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €63,339 | €91,420 | +€28,081 | +44.3% |
| Distributable reserves | 133 | €63,339 | €91,420 | +€28,081 | +44.3% |
| Amounts payable | 17/49 | €41,718 | €61,132 | +€19,414 | +46.5% |
| Amounts payable within one year | 42/48 | €41,718 | €60,732 | +€19,014 | +45.6% |
| Current portion of amounts payable after more than one year | 42 | - | €12,881 | +€12,881 | |
| Financial debts | 43 | €3,587 | €3,571 | -€16 | -0.4% |
| Credit institutions | 430/8 | €16 | €0 | -€16 | -100% |
| Other loans | 439 | €3,571 | €3,571 | = | 0.0% |
| Trade debts | 44 | €8,720 | €9,748 | +€1,028 | +11.8% |
| Suppliers | 440/4 | €8,720 | €9,748 | +€1,028 | +11.8% |
| Taxes, remuneration and social security | 45 | €28,120 | €34,532 | +€6,412 | +22.8% |
| Taxes | 450/3 | €28,120 | €34,532 | +€6,412 | +22.8% |
| Other amounts payable | 47/48 | €1,290 | €0 | -€1,290 | -100% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Other operating charges | 640/8 | €938 | €2,186 | +€1,248 | +133% |
| Gross operating margin | 9900 | €43,593 | €38,806 | -€4,788 | -11.0% |
| Operating profit (loss) | 9901 | €42,655 | €36,620 | -€6,036 | -14.2% |
| Financial income | 75/76B | €4,203 | €5,520 | +€1,316 | +31.3% |
| Recurring financial income | 75 | €4,203 | €5,520 | +€1,316 | +31.3% |
| Financial charges | 65/66B | €1,192 | €4,870 | +€3,678 | +309% |
| Recurring financial charges | 65 | €1,192 | €4,870 | +€3,678 | +309% |
| Profit (loss) for the period before taxes | 9903 | €45,667 | €37,269 | -€8,397 | -18.4% |
| Income taxes | 67/77 | €11,248 | €9,189 | -€2,060 | -18.3% |
| Profit (loss) for the period | 9904 | €34,418 | €28,081 | -€6,338 | -18.4% |
| Profit (loss) for the period to be appropriated | 9905 | €34,418 | €28,081 | -€6,338 | -18.4% |
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.