AFTER NOW: 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.
AFTER NOW
Largest movements
- Cash +€273,644
up €273,644 (+97.6%), from €280,236 to €553,880
mainly Current investments (+€179,009) and Net result for the year (+€89,009)
- Current investments -€179,009
down €179,009 (-72.4%), from €247,110 to €68,101
- Other debts +€79,046
up €79,046 (+676%), from €11,699 to €90,745
- Reserves +€23,478
up €23,478 (+4.6%), from €509,111 to €532,589
of which Distributable reserves: +€23,478
- Tax, wage and social debts -€10,417
down €10,417 (-46.8%), from €22,250 to €11,834
- Financial charges +€4,300
up €4,300 (+241%), from €1,787 to €6,087
- Gross operating margin +€2,266
up €2,266 (+1.8%), from €122,951 to €125,217
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 | €557,541 | €648,297 | +€90,756 | +16.3% |
| Fixed assets | 21/28 | €13,502 | €8,968 | -€4,534 | -33.6% |
| Tangible fixed assets | 22/27 | €13,502 | €8,968 | -€4,534 | -33.6% |
| Land and buildings | 22 | €10,122 | €7,941 | -€2,180 | -21.5% |
| Plant, machinery and equipment | 23 | €664 | €0 | -€664 | -100% |
| Furniture and vehicles | 24 | €2,716 | €1,026 | -€1,690 | -62.2% |
| Current assets | 29/58 | €544,039 | €639,330 | +€95,290 | +17.5% |
| Amounts receivable within one year | 40/41 | €15,001 | €16,530 | +€1,529 | +10.2% |
| Trade receivables | 40 | €15,001 | €16,530 | +€1,529 | +10.2% |
| Current investments | 50/53 | €247,110 | €68,101 | -€179,009 | -72.4% |
| Cash at bank and in hand | 54/58 | €280,236 | €553,880 | +€273,644 | +97.6% |
| Deferred charges and accrued income | 490/1 | €1,692 | €818 | -€874 | -51.7% |
| Total equity and liabilities | 10/49 | €557,541 | €648,297 | +€90,756 | +16.3% |
| Equity | 10/15 | €521,511 | €544,989 | +€23,478 | +4.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €509,111 | €532,589 | +€23,478 | +4.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €507,251 | €530,729 | +€23,478 | +4.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €36,031 | €103,308 | +€67,278 | +187% |
| Amounts payable within one year | 42/48 | €34,719 | €103,308 | +€68,590 | +198% |
| Trade debts | 44 | €769 | €730 | -€39 | -5.1% |
| Suppliers | 440/4 | €769 | €730 | -€39 | -5.1% |
| Taxes, remuneration and social security | 45 | €22,250 | €11,834 | -€10,417 | -46.8% |
| Taxes | 450/3 | €22,250 | €11,834 | -€10,417 | -46.8% |
| Other amounts payable | 47/48 | €11,699 | €90,745 | +€79,046 | +676% |
| Accrued charges and deferred income | 492/3 | €1,312 | €0 | -€1,312 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,710 | €4,534 | +€825 | +22.2% |
| Other operating charges | 640/8 | €1,122 | €1,159 | +€37 | +3.3% |
| Gross operating margin | 9900 | €122,951 | €125,217 | +€2,266 | +1.8% |
| Operating profit (loss) | 9901 | €118,119 | €119,524 | +€1,404 | +1.2% |
| Financial income | 75/76B | €10,051 | €10,665 | +€614 | +6.1% |
| Recurring financial income | 75 | €10,051 | €10,665 | +€614 | +6.1% |
| Financial charges | 65/66B | €1,787 | €6,087 | +€4,300 | +241% |
| Recurring financial charges | 65 | €1,787 | €6,087 | +€4,300 | +241% |
| Profit (loss) for the period before taxes | 9903 | €126,383 | €124,102 | -€2,281 | -1.8% |
| Income taxes | 67/77 | €36,343 | €35,093 | -€1,250 | -3.4% |
| Profit (loss) for the period | 9904 | €90,040 | €89,009 | -€1,031 | -1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €90,040 | €89,009 | -€1,031 | -1.1% |
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 19 October 2026 via checked.be.