ADAPT2IMPROVE: 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.
ADAPT2IMPROVE
Largest movements
- Cash +€21,797
up €21,797 (+34.3%), from €63,490 to €85,287
mainly Net result for the year (+€27,848) and Other debts (+€19,956)
- Receivables within one year +€1,470
new in 2025: €1,470
- Other debts +€19,956
up €19,956 (+45572.5%), from €44 to €20,000
- Profit (loss) carried forward +€7,848
up €7,848 (+13.4%), from €58,625 to €66,473
- Tax, wage and social debts -€6,395
down €6,395 (-75.8%), from €8,442 to €2,047
of which Taxes: -€6,995
- Trade debts +€1,979
up €1,979 (+5348.6%), from €37 to €2,016
No income-statement line moved by more than 1% of the activity.
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 | €70,615 | €93,536 | +€22,920 | +32.5% |
| Fixed assets | 21/28 | €6,944 | €6,667 | -€277 | -4.0% |
| Tangible fixed assets | 22/27 | €4,784 | €4,507 | -€277 | -5.8% |
| Plant, machinery and equipment | 23 | €3,029 | €2,304 | -€725 | -23.9% |
| Furniture and vehicles | 24 | €1,755 | €2,203 | +€448 | +25.5% |
| Financial fixed assets | 28 | €2,160 | €2,160 | = | 0.0% |
| Current assets | 29/58 | €63,671 | €86,869 | +€23,198 | +36.4% |
| Amounts receivable within one year | 40/41 | - | €1,470 | +€1,470 | |
| Other amounts receivable | 41 | - | €1,470 | +€1,470 | |
| Cash at bank and in hand | 54/58 | €63,490 | €85,287 | +€21,797 | +34.3% |
| Deferred charges and accrued income | 490/1 | €181 | €112 | -€70 | -38.5% |
| Total equity and liabilities | 10/49 | €70,615 | €93,536 | +€22,920 | +32.5% |
| Equity | 10/15 | €61,625 | €69,473 | +€7,848 | +12.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,625 | €66,473 | +€7,848 | +13.4% |
| Amounts payable | 17/49 | €8,990 | €24,063 | +€15,072 | +167.7% |
| Amounts payable within one year | 42/48 | €8,523 | €24,063 | +€15,540 | +182.3% |
| Trade debts | 44 | €37 | €2,016 | +€1,979 | +5348.6% |
| Suppliers | 440/4 | €37 | €2,016 | +€1,979 | +5348.6% |
| Taxes, remuneration and social security | 45 | €8,442 | €2,047 | -€6,395 | -75.8% |
| Taxes | 450/3 | €7,442 | €447 | -€6,995 | -94.0% |
| Remuneration and social security | 454/9 | €1,000 | €1,600 | +€600 | +60.0% |
| Other amounts payable | 47/48 | €44 | €20,000 | +€19,956 | +45572.5% |
| Accrued charges and deferred income | 492/3 | €467 | - | -€467 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,708 | €1,777 | +€69 | +4.1% |
| Other operating charges | 640/8 | €1,868 | €2,165 | +€297 | +15.9% |
| Gross operating margin | 9900 | €38,785 | €38,996 | +€211 | +0.5% |
| Operating profit (loss) | 9901 | €35,209 | €35,054 | -€156 | -0.4% |
| Financial income | 75/76B | €0 | €0 | +€0 | +333.3% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +333.3% |
| Financial charges | 65/66B | €80 | €71 | -€9 | -11.4% |
| Recurring financial charges | 65 | €80 | €71 | -€9 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | €35,129 | €34,983 | -€146 | -0.4% |
| Income taxes | 67/77 | €7,214 | €7,135 | -€79 | -1.1% |
| Profit (loss) for the period | 9904 | €27,915 | €27,848 | -€68 | -0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €27,915 | €27,848 | -€68 | -0.2% |
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 3 October 2026 via checked.be.