ABOVE LINK: 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.
ABOVE LINK
Largest movements
- Cash +€14,375
up €14,375 (+33.1%), from €43,452 to €57,827
mainly Net result for the year (+€19,054) and Tax, wage and social debts (+€6,486)
- Deferred charges and accrued income +€3,609
up €3,609 (+358.3%), from €1,007 to €4,616
- Tangible fixed assets +€1,156
up €1,156 (+22.6%), from €5,118 to €6,274
- Profit (loss) carried forward +€19,054
up €19,054 (+83.2%), from €22,910 to €41,964
- Other debts -€7,021
down €7,021 (-100.0%), from €7,021 to €0
- Tax, wage and social debts +€6,486
up €6,486 (+44.3%), from €14,646 to €21,132
- Trade debts +€1,002
up €1,002 (+38.2%), from €2,626 to €3,628
- Gross operating margin -€1,853
down €1,853 (-5.7%), from €32,671 to €30,817
- Financial charges +€1,549
up €1,549 (+78.4%), from €1,976 to €3,524
- Depreciation +€483
up €483 (+60.0%), from €804 to €1,287
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 | €49,577 | €68,723 | +€19,147 | +38.6% |
| Fixed assets | 21/28 | €5,118 | €6,274 | +€1,156 | +22.6% |
| Tangible fixed assets | 22/27 | €5,118 | €6,274 | +€1,156 | +22.6% |
| Furniture and vehicles | 24 | €5,118 | €6,274 | +€1,156 | +22.6% |
| Current assets | 29/58 | €44,459 | €62,450 | +€17,990 | +40.5% |
| Amounts receivable within one year | 40/41 | - | €7 | +€7 | |
| Other amounts receivable | 41 | - | €7 | +€7 | |
| Cash at bank and in hand | 54/58 | €43,452 | €57,827 | +€14,375 | +33.1% |
| Deferred charges and accrued income | 490/1 | €1,007 | €4,616 | +€3,609 | +358.3% |
| Total equity and liabilities | 10/49 | €49,577 | €68,723 | +€19,147 | +38.6% |
| Equity | 10/15 | €24,910 | €43,964 | +€19,054 | +76.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,910 | €41,964 | +€19,054 | +83.2% |
| Amounts payable | 17/49 | €24,667 | €24,760 | +€93 | +0.4% |
| Amounts payable within one year | 42/48 | €24,293 | €24,760 | +€467 | +1.9% |
| Trade debts | 44 | €2,626 | €3,628 | +€1,002 | +38.2% |
| Suppliers | 440/4 | €2,626 | €3,628 | +€1,002 | +38.2% |
| Taxes, remuneration and social security | 45 | €14,646 | €21,132 | +€6,486 | +44.3% |
| Taxes | 450/3 | €14,646 | €21,132 | +€6,486 | +44.3% |
| Other amounts payable | 47/48 | €7,021 | €0 | -€7,021 | -100.0% |
| Accrued charges and deferred income | 492/3 | €374 | €0 | -€374 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €804 | €1,287 | +€483 | +60.0% |
| Gross operating margin | 9900 | €32,671 | €30,817 | -€1,853 | -5.7% |
| Operating profit (loss) | 9901 | €31,866 | €29,530 | -€2,336 | -7.3% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,976 | €3,524 | +€1,549 | +78.4% |
| Recurring financial charges | 65 | €1,976 | €3,524 | +€1,549 | +78.4% |
| Profit (loss) for the period before taxes | 9903 | €29,890 | €26,006 | -€3,884 | -13.0% |
| Income taxes | 67/77 | €6,980 | €6,952 | -€28 | -0.4% |
| Profit (loss) for the period | 9904 | €22,910 | €19,054 | -€3,856 | -16.8% |
| Profit (loss) for the period to be appropriated | 9905 | €22,910 | €19,054 | -€3,856 | -16.8% |
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 7 October 2026 via checked.be.