ACCOUNTS &SERVICES: 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.
ACCOUNTS &SERVICES
Largest movements
- Intangible fixed assets -€15,000
down €15,000 (-50.0%), from €30,000 to €15,000
- Receivables within one year +€9,616
up €9,616 (+16.8%), from €57,241 to €66,857
of which Trade receivables: +€8,089
- Cash +€5,416
up €5,416 (+21.6%), from €25,021 to €30,437
mainly Depreciation (+€20,371) and Net result for the year (+€19,974)
- Tangible fixed assets -€3,293
down €3,293 (-3.9%), from €85,049 to €81,756
- Profit (loss) carried forward +€19,974
up €19,974 (+92.0%), from -€21,718 to -€1,745
- Debts after one year -€13,849
down €13,849 (-13.3%), from €104,135 to €90,287
- Current portion of long-term debt -€8,687
down €8,687 (-34.8%), from €24,947 to €16,261
- Turnover -€189,518
no longer reported in 2025 (was €189,518)
- Purchases and services -€115,103
no longer reported in 2025 (was €115,103)
- Financial charges -€8,514
down €8,514 (-77.1%), from €11,035 to €2,522
of which Non-recurring financial charges: -€8,117
- Gross operating margin -€5,450
down €5,450 (-6.7%), from €81,907 to €76,457
- Other operating charges +€2,090
up €2,090 (+111%), from €1,888 to €3,979
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 | €197,759 | €194,498 | -€3,261 | -1.6% |
| Fixed assets | 21/28 | €115,497 | €97,204 | -€18,293 | -15.8% |
| Intangible fixed assets | 21 | €30,000 | €15,000 | -€15,000 | -50.0% |
| Tangible fixed assets | 22/27 | €85,049 | €81,756 | -€3,293 | -3.9% |
| Land and buildings | 22 | €85,049 | €81,756 | -€3,293 | -3.9% |
| Financial fixed assets | 28 | €448 | €448 | = | 0.0% |
| Current assets | 29/58 | €82,262 | €97,294 | +€15,032 | +18.3% |
| Amounts receivable within one year | 40/41 | €57,241 | €66,857 | +€9,616 | +16.8% |
| Trade receivables | 40 | €52,150 | €60,238 | +€8,089 | +15.5% |
| Other amounts receivable | 41 | €5,091 | €6,618 | +€1,527 | +30.0% |
| Cash at bank and in hand | 54/58 | €25,021 | €30,437 | +€5,416 | +21.6% |
| Total equity and liabilities | 10/49 | €197,759 | €194,498 | -€3,261 | -1.6% |
| Equity | 10/15 | €56,425 | €76,399 | +€19,974 | +35.4% |
| Contributions | 10/11 | €61,946 | €61,946 | = | 0.0% |
| Capital | 10 | €61,946 | €61,946 | = | 0.0% |
| Issued capital | 100 | €61,946 | €61,946 | = | 0.0% |
| Reserves | 13 | €16,197 | €16,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,718 | -€1,745 | +€19,974 | +92.0% |
| Amounts payable | 17/49 | €141,334 | €118,099 | -€23,235 | -16.4% |
| Amounts payable after more than one year | 17 | €104,135 | €90,287 | -€13,849 | -13.3% |
| Financial debts | 170/4 | €104,135 | €90,287 | -€13,849 | -13.3% |
| Amounts payable within one year | 42/48 | €37,198 | €27,812 | -€9,386 | -25.2% |
| Current portion of amounts payable after more than one year | 42 | €24,947 | €16,261 | -€8,687 | -34.8% |
| Trade debts | 44 | €196 | €869 | +€673 | +344% |
| Suppliers | 440/4 | €196 | €869 | +€673 | +344% |
| Taxes, remuneration and social security | 45 | €12,031 | €10,658 | -€1,373 | -11.4% |
| Taxes | 450/3 | €11,867 | €10,658 | -€1,210 | -10.2% |
| Remuneration and social security | 454/9 | €163 | - | -€163 | |
| Other amounts payable | 47/48 | €25 | €25 | = | 0.0% |
| Turnover | 70 | €189,518 | - | -€189,518 | |
| Non-recurring operating income | 76A | €7,491 | - | -€7,491 | |
| Goods, raw materials, services and sundry goods | 60/61 | €115,103 | - | -€115,103 | |
| Remuneration, social security and pensions | 62 | €19,005 | €20,530 | +€1,525 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,956 | €20,371 | +€416 | +2.1% |
| Other operating charges | 640/8 | €1,888 | €3,979 | +€2,090 | +111% |
| Non-recurring operating charges | 66A | €288 | €3,426 | +€3,137 | +1,088% |
| Gross operating margin | 9900 | €81,907 | €76,457 | -€5,450 | -6.7% |
| Operating profit (loss) | 9901 | €40,769 | €28,151 | -€12,619 | -31.0% |
| Financial income | 75/76B | €1,245 | €943 | -€302 | -24.3% |
| Recurring financial income | 75 | €1,245 | €943 | -€302 | -24.3% |
| Financial charges | 65/66B | €11,035 | €2,522 | -€8,514 | -77.1% |
| Recurring financial charges | 65 | €2,919 | €2,522 | -€397 | -13.6% |
| Non-recurring financial charges | 66B | €8,117 | - | -€8,117 | |
| Profit (loss) for the period before taxes | 9903 | €30,979 | €26,572 | -€4,408 | -14.2% |
| Income taxes | 67/77 | €7,491 | €6,598 | -€893 | -11.9% |
| Profit (loss) for the period | 9904 | €23,488 | €19,974 | -€3,514 | -15.0% |
| Profit (loss) for the period to be appropriated | 9905 | €23,488 | €19,974 | -€3,514 | -15.0% |
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 15 October 2026 via checked.be.