ALL ABOUT VALUES: 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.
ALL ABOUT VALUES
Largest movements
- Cash +€29,901
up €29,901 (+228%), from €13,091 to €42,992
mainly Other debts (+€28,067) and Net result for the year (+€8,900)
- Receivables within one year +€17,341
up €17,341 (+168%), from €10,326 to €27,667
of which Trade receivables: +€23,804
- Tangible fixed assets -€6,162
down €6,162 (-24.2%), from €25,451 to €19,288
of which Other tangible fixed assets: -€4,317
- Other debts +€28,067
up €28,067 (+116%), from €24,228 to €52,295
- Profit (loss) carried forward +€8,900
up €8,900 (+571%), from €1,559 to €10,460
- Trade debts +€1,505
up €1,505 (+120%), from €1,254 to €2,760
- Accrued charges and deferred income +€1,115
up €1,115 (+73.7%), from €1,513 to €2,628
- Tax, wage and social debts +€1,049
up €1,049 (+35.8%), from €2,930 to €3,979
- Gross operating margin -€2,078
down €2,078 (-9.0%), from €22,967 to €20,889
- Taxes -€635
down €635 (-22.1%), from €2,878 to €2,242
- Financial charges +€534
up €534 (+31.7%), from €1,687 to €2,222
- Financial income -€268
down €268 (-69.2%), from €387 to €119
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 | €50,085 | €90,721 | +€40,637 | +81.1% |
| Fixed assets | 21/28 | €25,451 | €19,288 | -€6,162 | -24.2% |
| Tangible fixed assets | 22/27 | €25,451 | €19,288 | -€6,162 | -24.2% |
| Furniture and vehicles | 24 | €6,286 | €4,441 | -€1,846 | -29.4% |
| Other tangible fixed assets | 26 | €19,164 | €14,848 | -€4,317 | -22.5% |
| Current assets | 29/58 | €24,634 | €71,433 | +€46,799 | +190% |
| Amounts receivable within one year | 40/41 | €10,326 | €27,667 | +€17,341 | +168% |
| Trade receivables | 40 | €1,070 | €24,874 | +€23,804 | +2,224% |
| Other amounts receivable | 41 | €9,256 | €2,793 | -€6,463 | -69.8% |
| Cash at bank and in hand | 54/58 | €13,091 | €42,992 | +€29,901 | +228% |
| Deferred charges and accrued income | 490/1 | €1,216 | €774 | -€443 | -36.4% |
| Total equity and liabilities | 10/49 | €50,085 | €90,721 | +€40,637 | +81.1% |
| Equity | 10/15 | €20,159 | €29,060 | +€8,900 | +44.1% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €18,500 | €18,500 | = | 0.0% |
| Distributable reserves | 133 | €18,500 | €18,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,559 | €10,460 | +€8,900 | +571% |
| Amounts payable | 17/49 | €29,925 | €61,662 | +€31,736 | +106% |
| Amounts payable within one year | 42/48 | €28,412 | €59,033 | +€30,621 | +108% |
| Trade debts | 44 | €1,254 | €2,760 | +€1,505 | +120% |
| Suppliers | 440/4 | €1,254 | €2,760 | +€1,505 | +120% |
| Taxes, remuneration and social security | 45 | €2,930 | €3,979 | +€1,049 | +35.8% |
| Taxes | 450/3 | €2,930 | €3,979 | +€1,049 | +35.8% |
| Other amounts payable | 47/48 | €24,228 | €52,295 | +€28,067 | +116% |
| Accrued charges and deferred income | 492/3 | €1,513 | €2,628 | +€1,115 | +73.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,254 | €7,412 | +€158 | +2.2% |
| Other operating charges | 640/8 | €241 | €231 | -€9 | -3.9% |
| Gross operating margin | 9900 | €22,967 | €20,889 | -€2,078 | -9.0% |
| Operating profit (loss) | 9901 | €15,472 | €13,245 | -€2,227 | -14.4% |
| Financial income | 75/76B | €387 | €119 | -€268 | -69.2% |
| Recurring financial income | 75 | €387 | €119 | -€268 | -69.2% |
| Financial charges | 65/66B | €1,687 | €2,222 | +€534 | +31.7% |
| Recurring financial charges | 65 | €1,687 | €2,222 | +€534 | +31.7% |
| Profit (loss) for the period before taxes | 9903 | €14,172 | €11,143 | -€3,029 | -21.4% |
| Income taxes | 67/77 | €2,878 | €2,242 | -€635 | -22.1% |
| Profit (loss) for the period | 9904 | €11,294 | €8,900 | -€2,394 | -21.2% |
| Profit (loss) for the period to be appropriated | 9905 | €11,294 | €8,900 | -€2,394 | -21.2% |
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 18 October 2026 via checked.be.