ALL: 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.
ALL
Largest movements
- Cash +€7,175
up €7,175 (+19.2%), from €37,397 to €44,572
mainly Net result for the year (+€10,926) and Depreciation (+€3,087)
- Receivables within one year +€7,134
up €7,134 (+65.1%), from €10,958 to €18,092
of which Trade receivables: +€6,304
- Tangible fixed assets -€1,670
down €1,670 (-10.8%), from €15,473 to €13,803
of which Land and buildings: -€1,417
- Reserves +€10,925
up €10,925 (+34.9%), from €31,329 to €42,254
- Tax, wage and social debts +€1,159
up €1,159 (+17.7%), from €6,546 to €7,706
- Turnover -€109,800
no longer reported in 2025 (was €109,800)
- Purchases and services -€88,144
no longer reported in 2025 (was €88,144)
- Gross operating margin -€2,149
down €2,149 (-9.9%), from €21,656 to €19,507
- Taxes -€1,099
down €1,099 (-18.4%), from €5,960 to €4,861
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 | €63,828 | €76,468 | +€12,639 | +19.8% |
| Fixed assets | 21/28 | €15,473 | €13,803 | -€1,670 | -10.8% |
| Tangible fixed assets | 22/27 | €15,473 | €13,803 | -€1,670 | -10.8% |
| Land and buildings | 22 | €14,462 | €13,045 | -€1,417 | -9.8% |
| Furniture and vehicles | 24 | €1,011 | €758 | -€253 | -25.0% |
| Current assets | 29/58 | €48,355 | €62,664 | +€14,309 | +29.6% |
| Amounts receivable within one year | 40/41 | €10,958 | €18,092 | +€7,134 | +65.1% |
| Trade receivables | 40 | €10,467 | €16,770 | +€6,304 | +60.2% |
| Other amounts receivable | 41 | €492 | €1,322 | +€830 | +168.9% |
| Cash at bank and in hand | 54/58 | €37,397 | €44,572 | +€7,175 | +19.2% |
| Total equity and liabilities | 10/49 | €63,828 | €76,468 | +€12,639 | +19.8% |
| Equity | 10/15 | €42,628 | €53,554 | +€10,926 | +25.6% |
| Contributions | 10/11 | €11,155 | €11,155 | = | 0.0% |
| Reserves | 13 | €31,329 | €42,254 | +€10,925 | +34.9% |
| Distributable reserves | 133 | €31,329 | €42,254 | +€10,925 | +34.9% |
| Profit (loss) carried forward | 14 | €144 | €144 | +€1 | +0.4% |
| Amounts payable | 17/49 | €21,200 | €22,914 | +€1,714 | +8.1% |
| Amounts payable within one year | 42/48 | €21,200 | €22,914 | +€1,714 | +8.1% |
| Trade debts | 44 | €4,404 | €4,958 | +€554 | +12.6% |
| Suppliers | 440/4 | €4,404 | €4,958 | +€554 | +12.6% |
| Taxes, remuneration and social security | 45 | €6,546 | €7,706 | +€1,159 | +17.7% |
| Taxes | 450/3 | €6,546 | €7,706 | +€1,159 | +17.7% |
| Other amounts payable | 47/48 | €10,250 | €10,250 | = | 0.0% |
| Turnover | 70 | €109,800 | - | -€109,800 | |
| Goods, raw materials, services and sundry goods | 60/61 | €88,144 | - | -€88,144 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,069 | €3,087 | +€1,018 | +49.2% |
| Other operating charges | 640/8 | €147 | €490 | +€343 | +233.2% |
| Gross operating margin | 9900 | €21,656 | €19,507 | -€2,149 | -9.9% |
| Operating profit (loss) | 9901 | €19,440 | €15,930 | -€3,510 | -18.1% |
| Financial charges | 65/66B | €163 | €144 | -€19 | -11.8% |
| Recurring financial charges | 65 | €163 | €144 | -€19 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €19,277 | €15,786 | -€3,491 | -18.1% |
| Income taxes | 67/77 | €5,960 | €4,861 | -€1,099 | -18.4% |
| Profit (loss) for the period | 9904 | €13,317 | €10,926 | -€2,392 | -18.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,317 | €10,926 | -€2,392 | -18.0% |
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.