AFTER10PM: 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.
AFTER10PM
Largest movements
- Cash +€70,087
up €70,087 (+114.2%), from €61,393 to €131,480
mainly Net result for the year (+€64,660) and Tax, wage and social debts (+€14,819)
- Tangible fixed assets +€9,469
up €9,469 (+431.2%), from €2,196 to €11,666
- Receivables within one year +€2,871
up €2,871 (+6.5%), from €43,995 to €46,866
of which Trade receivables: +€1,661
- Reserves +€64,660
up €64,660 (+87.3%), from €74,038 to €138,698
- Tax, wage and social debts +€14,819
up €14,819 (+45.8%), from €32,327 to €47,146
- Accrued charges and deferred income +€2,475
new in 2025: €2,475
- Gross operating margin -€9,525
down €9,525 (-10.0%), from €94,872 to €85,347
- Taxes -€2,104
down €2,104 (-11.2%), from €18,853 to €16,750
- Depreciation +€1,402
up €1,402 (+2095.8%), from €67 to €1,469
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 | €109,356 | €191,937 | +€82,581 | +75.5% |
| Fixed assets | 21/28 | €2,196 | €11,666 | +€9,469 | +431.2% |
| Tangible fixed assets | 22/27 | €2,196 | €11,666 | +€9,469 | +431.2% |
| Plant, machinery and equipment | 23 | €2,196 | €11,666 | +€9,469 | +431.2% |
| Current assets | 29/58 | €107,160 | €180,271 | +€73,112 | +68.2% |
| Amounts receivable within one year | 40/41 | €43,995 | €46,866 | +€2,871 | +6.5% |
| Trade receivables | 40 | €36,152 | €37,812 | +€1,661 | +4.6% |
| Other amounts receivable | 41 | €7,843 | €9,054 | +€1,211 | +15.4% |
| Cash at bank and in hand | 54/58 | €61,393 | €131,480 | +€70,087 | +114.2% |
| Deferred charges and accrued income | 490/1 | €1,772 | €1,926 | +€153 | +8.7% |
| Total equity and liabilities | 10/49 | €109,356 | €191,937 | +€82,581 | +75.5% |
| Equity | 10/15 | €76,038 | €140,698 | +€64,660 | +85.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €74,038 | €138,698 | +€64,660 | +87.3% |
| Distributable reserves | 133 | €74,038 | €138,698 | +€64,660 | +87.3% |
| Amounts payable | 17/49 | €33,318 | €51,239 | +€17,921 | +53.8% |
| Amounts payable within one year | 42/48 | €33,318 | €48,764 | +€15,446 | +46.4% |
| Trade debts | 44 | €991 | €1,618 | +€627 | +63.3% |
| Suppliers | 440/4 | €991 | €1,618 | +€627 | +63.3% |
| Taxes, remuneration and social security | 45 | €32,327 | €47,146 | +€14,819 | +45.8% |
| Taxes | 450/3 | €32,327 | €47,146 | +€14,819 | +45.8% |
| Accrued charges and deferred income | 492/3 | - | €2,475 | +€2,475 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67 | €1,469 | +€1,402 | +2095.8% |
| Other operating charges | 640/8 | €528 | €490 | -€38 | -7.2% |
| Gross operating margin | 9900 | €94,872 | €85,347 | -€9,525 | -10.0% |
| Operating profit (loss) | 9901 | €94,277 | €83,389 | -€10,888 | -11.5% |
| Financial income | 75/76B | €289 | €461 | +€173 | +59.8% |
| Recurring financial income | 75 | €289 | €461 | +€173 | +59.8% |
| Financial charges | 65/66B | €1,674 | €2,441 | +€766 | +45.8% |
| Recurring financial charges | 65 | €1,674 | €2,441 | +€766 | +45.8% |
| Profit (loss) for the period before taxes | 9903 | €92,892 | €81,410 | -€11,482 | -12.4% |
| Income taxes | 67/77 | €18,853 | €16,750 | -€2,104 | -11.2% |
| Profit (loss) for the period | 9904 | €74,038 | €64,660 | -€9,378 | -12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €74,038 | €64,660 | -€9,378 | -12.7% |
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.