A - TRAIT: 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 - TRAIT
Largest movements
- Cash +€6,096
up €6,096 (+60.6%), from €10,052 to €16,148
mainly Net result for the year (+€3,406) and Tax, wage and social debts (+€1,434)
- Tangible fixed assets -€1,264
down €1,264 (-45.9%), from €2,758 to €1,493
of which Furniture and vehicles: -€1,264
- Profit (loss) carried forward +€3,406
up €3,406 (+87.6%), from €3,888 to €7,294
- Tax, wage and social debts +€1,434
up €1,434 (+78.5%), from €1,826 to €3,261
of which Taxes: +€1,177
- Gross operating margin +€5,512
up €5,512 (+279.8%), from €1,970 to €7,481
- Taxes +€881
up €881 (+623.2%), from €141 to €1,023
- Financial charges +€272
up €272 (+504.4%), from €54 to €326
of which Non-recurring financial charges: +€251
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 | €20,484 | €25,288 | +€4,804 | +23.5% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €2,817 | €1,552 | -€1,264 | -44.9% |
| Tangible fixed assets | 22/27 | €2,758 | €1,493 | -€1,264 | -45.9% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €2,758 | €1,493 | -€1,264 | -45.9% |
| Other tangible fixed assets | 26 | - | €0 | = | |
| Financial fixed assets | 28 | €59 | €59 | = | 0.0% |
| Current assets | 29/58 | €17,667 | €23,736 | +€6,069 | +34.3% |
| Amounts receivable within one year | 40/41 | €7,430 | €7,397 | -€33 | -0.4% |
| Trade receivables | 40 | €7,389 | €7,385 | -€4 | -0.1% |
| Other amounts receivable | 41 | €41 | €12 | -€29 | -70.2% |
| Cash at bank and in hand | 54/58 | €10,052 | €16,148 | +€6,096 | +60.6% |
| Deferred charges and accrued income | 490/1 | €185 | €191 | +€6 | +3.0% |
| Total equity and liabilities | 10/49 | €20,484 | €25,288 | +€4,804 | +23.5% |
| Equity | 10/15 | €18,148 | €21,554 | +€3,406 | +18.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,888 | €7,294 | +€3,406 | +87.6% |
| Amounts payable | 17/49 | €2,336 | €3,735 | +€1,399 | +59.9% |
| Amounts payable within one year | 42/48 | €2,336 | €3,735 | +€1,399 | +59.9% |
| Trade debts | 44 | €373 | €344 | -€29 | -7.7% |
| Suppliers | 440/4 | €373 | €344 | -€29 | -7.7% |
| Taxes, remuneration and social security | 45 | €1,826 | €3,261 | +€1,434 | +78.5% |
| Taxes | 450/3 | €1,684 | €2,861 | +€1,177 | +69.9% |
| Remuneration and social security | 454/9 | €143 | €400 | +€257 | +180.2% |
| Other amounts payable | 47/48 | €137 | €130 | -€7 | -5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,264 | €1,264 | = | 0.0% |
| Other operating charges | 640/8 | €1,406 | €1,463 | +€57 | +4.1% |
| Gross operating margin | 9900 | €1,970 | €7,481 | +€5,512 | +279.8% |
| Operating profit (loss) | 9901 | -€701 | €4,754 | +€5,455 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €54 | €326 | +€272 | +504.4% |
| Recurring financial charges | 65 | €54 | €76 | +€22 | +39.9% |
| Non-recurring financial charges | 66B | - | €251 | +€251 | |
| Profit (loss) for the period before taxes | 9903 | -€755 | €4,428 | +€5,183 | |
| Income taxes | 67/77 | €141 | €1,023 | +€881 | +623.2% |
| Profit (loss) for the period | 9904 | -€896 | €3,406 | +€4,302 | |
| Profit (loss) for the period to be appropriated | 9905 | -€896 | €3,406 | +€4,302 |
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 4 October 2026 via checked.be.