A PRESENT 4 U: 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 PRESENT 4 U
Largest movements
- Cash +€42,700
up €42,700 (+201.7%), from €21,175 to €63,876
mainly Other debts (+€48,976) and Trade debts (+€27,382)
- Stocks and contracts +€17,360
up €17,360 (+24.3%), from €71,411 to €88,771
- Tangible fixed assets -€2,846
down €2,846 (-21.9%), from €12,987 to €10,141
- Other debts +€48,976
up €48,976 (+79.2%), from €61,847 to €110,823
- Trade debts +€27,382
up €27,382 (+7868.3%), from €348 to €27,730
- Tax, wage and social debts -€20,073
down €20,073 (-91.9%), from €21,839 to €1,766
of which Taxes: -€16,512
- Staff costs +€35,801
up €35,801 (+317.3%), from €11,284 to €47,085
- Other operating charges +€14,284
up €14,284 (+1479.3%), from €966 to €15,249
- Gross operating margin +€13,390
up €13,390 (+23.4%), from €57,245 to €70,635
- Taxes +€2,320
new in 2025: €2,320
- Financial income +€1,791
up €1,791 (+292.5%), from €612 to €2,403
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 | €116,093 | €173,751 | +€57,658 | +49.7% |
| Fixed assets | 21/28 | €21,987 | €19,141 | -€2,846 | -12.9% |
| Tangible fixed assets | 22/27 | €12,987 | €10,141 | -€2,846 | -21.9% |
| Furniture and vehicles | 24 | €12,987 | €10,141 | -€2,846 | -21.9% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €94,106 | €154,610 | +€60,504 | +64.3% |
| Stocks and contracts in progress | 3 | €71,411 | €88,771 | +€17,360 | +24.3% |
| Stocks | 30/36 | €71,411 | €88,771 | +€17,360 | +24.3% |
| Amounts receivable within one year | 40/41 | €532 | €976 | +€444 | +83.4% |
| Trade receivables | 40 | €532 | €971 | +€439 | +82.5% |
| Other amounts receivable | 41 | - | €5 | +€5 | |
| Cash at bank and in hand | 54/58 | €21,175 | €63,876 | +€42,700 | +201.7% |
| Deferred charges and accrued income | 490/1 | €987 | €987 | = | 0.0% |
| Total equity and liabilities | 10/49 | €116,093 | €173,751 | +€57,658 | +49.7% |
| Equity | 10/15 | €32,060 | €33,431 | +€1,372 | +4.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,522 | €11,522 | = | 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% |
| Distributable reserves | 133 | €9,662 | €9,662 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,938 | €3,309 | +€1,372 | +70.8% |
| Amounts payable | 17/49 | €84,034 | €140,320 | +€56,286 | +67.0% |
| Amounts payable within one year | 42/48 | €84,034 | €140,320 | +€56,286 | +67.0% |
| Trade debts | 44 | €348 | €27,730 | +€27,382 | +7868.3% |
| Suppliers | 440/4 | €348 | €27,730 | +€27,382 | +7868.3% |
| Taxes, remuneration and social security | 45 | €21,839 | €1,766 | -€20,073 | -91.9% |
| Taxes | 450/3 | €16,512 | €0 | -€16,512 | -100.0% |
| Remuneration and social security | 454/9 | €5,327 | €1,766 | -€3,561 | -66.8% |
| Other amounts payable | 47/48 | €61,847 | €110,823 | +€48,976 | +79.2% |
| Remuneration, social security and pensions | 62 | €11,284 | €47,085 | +€35,801 | +317.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,955 | €3,726 | -€229 | -5.8% |
| Other operating charges | 640/8 | €966 | €15,249 | +€14,284 | +1479.3% |
| Gross operating margin | 9900 | €57,245 | €70,635 | +€13,390 | +23.4% |
| Operating profit (loss) | 9901 | €41,041 | €4,576 | -€36,465 | -88.9% |
| Financial income | 75/76B | €612 | €2,403 | +€1,791 | +292.5% |
| Recurring financial income | 75 | €612 | €2,403 | +€1,791 | +292.5% |
| Financial charges | 65/66B | €1,991 | €3,287 | +€1,296 | +65.1% |
| Recurring financial charges | 65 | €1,991 | €3,287 | +€1,296 | +65.1% |
| Profit (loss) for the period before taxes | 9903 | €39,662 | €3,692 | -€35,971 | -90.7% |
| Income taxes | 67/77 | - | €2,320 | +€2,320 | |
| Profit (loss) for the period | 9904 | €39,662 | €1,372 | -€38,291 | -96.5% |
| Profit (loss) for the period to be appropriated | 9905 | €39,662 | €1,372 | -€38,291 | -96.5% |
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 6 October 2026 via checked.be.