ACCOUNT & CIE: 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.
ACCOUNT & CIE
Largest movements
- Cash +€29,376
up €29,376 (+36.1%), from €81,336 to €110,711
mainly Net result for the year (+€53,874) and Debts after one year (+€35,000)
- Tangible fixed assets -€11,488
down €11,488 (-36.1%), from €31,790 to €20,302
of which Furniture and vehicles: -€11,643
- Receivables within one year +€4,657
up €4,657 (+14.9%), from €31,253 to €35,910
of which Trade receivables: +€4,167
- Debts after one year +€35,000
new in 2025: €35,000
- Tax, wage and social debts -€11,752
down €11,752 (-77.0%), from €15,263 to €3,511
of which Taxes: -€10,018
- Current portion of long-term debt -€3,256
no longer reported in 2025 (was €3,256)
- Gross operating margin +€7,205
up €7,205 (+9.4%), from €76,786 to €83,991
- Taxes +€1,661
up €1,661 (+12.6%), from €13,153 to €14,814
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 | €144,851 | €167,229 | +€22,378 | +15.4% |
| Fixed assets | 21/28 | €31,790 | €20,302 | -€11,488 | -36.1% |
| Tangible fixed assets | 22/27 | €31,790 | €20,302 | -€11,488 | -36.1% |
| Plant, machinery and equipment | 23 | €1,789 | €1,944 | +€155 | +8.7% |
| Furniture and vehicles | 24 | €30,001 | €18,358 | -€11,643 | -38.8% |
| Current assets | 29/58 | €113,060 | €146,927 | +€33,866 | +30.0% |
| Amounts receivable within one year | 40/41 | €31,253 | €35,910 | +€4,657 | +14.9% |
| Trade receivables | 40 | €31,253 | €35,420 | +€4,167 | +13.3% |
| Other amounts receivable | 41 | - | €490 | +€490 | |
| Cash at bank and in hand | 54/58 | €81,336 | €110,711 | +€29,376 | +36.1% |
| Deferred charges and accrued income | 490/1 | €472 | €306 | -€166 | -35.2% |
| Total equity and liabilities | 10/49 | €144,851 | €167,229 | +€22,378 | +15.4% |
| Equity | 10/15 | €1,179 | €2,053 | +€874 | +74.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €179 | €1,053 | +€874 | +488% |
| Amounts payable | 17/49 | €143,672 | €165,176 | +€21,504 | +15.0% |
| Amounts payable after more than one year | 17 | - | €35,000 | +€35,000 | |
| Financial debts | 170/4 | - | €35,000 | +€35,000 | |
| Amounts payable within one year | 42/48 | €143,672 | €130,176 | -€13,496 | -9.4% |
| Current portion of amounts payable after more than one year | 42 | €3,256 | - | -€3,256 | |
| Trade debts | 44 | €24 | - | -€24 | |
| Suppliers | 440/4 | €24 | - | -€24 | |
| Taxes, remuneration and social security | 45 | €15,263 | €3,511 | -€11,752 | -77.0% |
| Taxes | 450/3 | €13,529 | €3,511 | -€10,018 | -74.0% |
| Remuneration and social security | 454/9 | €1,734 | - | -€1,734 | |
| Other amounts payable | 47/48 | €125,128 | €126,665 | +€1,536 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,360 | €14,188 | +€828 | +6.2% |
| Other operating charges | 640/8 | €1,197 | €1,065 | -€132 | -11.0% |
| Gross operating margin | 9900 | €76,786 | €83,991 | +€7,205 | +9.4% |
| Operating profit (loss) | 9901 | €62,230 | €68,739 | +€6,509 | +10.5% |
| Financial charges | 65/66B | €53 | €51 | -€2 | -3.9% |
| Recurring financial charges | 65 | €53 | €51 | -€2 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €62,176 | €68,688 | +€6,511 | +10.5% |
| Income taxes | 67/77 | €13,153 | €14,814 | +€1,661 | +12.6% |
| Profit (loss) for the period | 9904 | €49,023 | €53,874 | +€4,851 | +9.9% |
| Profit (loss) for the period to be appropriated | 9905 | €49,023 | €53,874 | +€4,851 | +9.9% |
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 30 October 2026 via checked.be.