AC COUNTING: 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.
AC COUNTING
Largest movements
- Cash +€71,236
up €71,236 (+384.6%), from €18,524 to €89,759
mainly Net result for the year (+€35,532) and Receivables within one year (+€26,612)
- Receivables within one year -€26,612
down €26,612 (-57.9%), from €45,964 to €19,352
of which Trade receivables: -€28,092
- Tangible fixed assets -€2,379
down €2,379 (-29.1%), from €8,166 to €5,787
of which Furniture and vehicles: -€2,039
- Profit (loss) carried forward +€35,532
up €35,532 (+73.7%), from €48,236 to €83,768
- Tax, wage and social debts +€4,779
up €4,779 (+24.3%), from €19,680 to €24,459
of which Taxes: +€2,779
- Other debts +€1,508
up €1,508 (+46.8%), from €3,222 to €4,731
- Gross operating margin -€14,195
down €14,195 (-23.0%), from €61,670 to €47,475
- Taxes -€2,894
down €2,894 (-23.8%), from €12,144 to €9,249
- Depreciation +€1,565
up €1,565 (+192.1%), from €814 to €2,379
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 | €72,889 | €115,138 | +€42,249 | +58.0% |
| Fixed assets | 21/28 | €8,166 | €5,787 | -€2,379 | -29.1% |
| Tangible fixed assets | 22/27 | €8,166 | €5,787 | -€2,379 | -29.1% |
| Furniture and vehicles | 24 | €4,859 | €2,820 | -€2,039 | -42.0% |
| Other tangible fixed assets | 26 | €3,307 | €2,967 | -€340 | -10.3% |
| Current assets | 29/58 | €64,722 | €109,351 | +€44,628 | +69.0% |
| Amounts receivable within one year | 40/41 | €45,964 | €19,352 | -€26,612 | -57.9% |
| Trade receivables | 40 | €45,964 | €17,872 | -€28,092 | -61.1% |
| Other amounts receivable | 41 | - | €1,481 | +€1,481 | |
| Cash at bank and in hand | 54/58 | €18,524 | €89,759 | +€71,236 | +384.6% |
| Deferred charges and accrued income | 490/1 | €234 | €239 | +€5 | +2.0% |
| Total equity and liabilities | 10/49 | €72,889 | €115,138 | +€42,249 | +58.0% |
| Equity | 10/15 | €49,836 | €85,368 | +€35,532 | +71.3% |
| Contributions | 10/11 | €1,600 | €1,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,236 | €83,768 | +€35,532 | +73.7% |
| Amounts payable | 17/49 | €23,053 | €29,770 | +€6,717 | +29.1% |
| Amounts payable within one year | 42/48 | €23,053 | €29,500 | +€6,447 | +28.0% |
| Trade debts | 44 | €151 | €311 | +€160 | +106.0% |
| Suppliers | 440/4 | €151 | €311 | +€160 | +106.0% |
| Taxes, remuneration and social security | 45 | €19,680 | €24,459 | +€4,779 | +24.3% |
| Taxes | 450/3 | €19,680 | €22,459 | +€2,779 | +14.1% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €3,222 | €4,731 | +€1,508 | +46.8% |
| Accrued charges and deferred income | 492/3 | - | €270 | +€270 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €814 | €2,379 | +€1,565 | +192.1% |
| Other operating charges | 640/8 | €410 | €640 | +€230 | +56.2% |
| Gross operating margin | 9900 | €61,670 | €47,475 | -€14,195 | -23.0% |
| Operating profit (loss) | 9901 | €60,445 | €44,455 | -€15,990 | -26.5% |
| Financial income | 75/76B | €18 | €429 | +€412 | +2322.2% |
| Recurring financial income | 75 | €18 | €429 | +€412 | +2322.2% |
| Financial charges | 65/66B | €84 | €103 | +€19 | +23.2% |
| Recurring financial charges | 65 | €84 | €103 | +€19 | +23.2% |
| Profit (loss) for the period before taxes | 9903 | €60,379 | €44,782 | -€15,598 | -25.8% |
| Income taxes | 67/77 | €12,144 | €9,249 | -€2,894 | -23.8% |
| Profit (loss) for the period | 9904 | €48,236 | €35,532 | -€12,704 | -26.3% |
| Profit (loss) for the period to be appropriated | 9905 | €48,236 | €35,532 | -€12,704 | -26.3% |
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 1 October 2026 via checked.be.