ALL AREAS: 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 AREAS
Largest movements
- Cash +€27,083
up €27,083 (+77.6%), from €34,908 to €61,991
mainly Net result for the year (+€22,119) and Receivables within one year (+€13,416)
- Receivables within one year -€13,416
down €13,416 (-79.6%), from €16,846 to €3,430
of which Trade receivables: -€10,670
- Tangible fixed assets -€5,346
down €5,346 (-11.0%), from €48,723 to €43,377
of which Furniture and vehicles: -€7,351
- Stocks and contracts +€2,123
new in 2025: €2,123
- Deferred charges and accrued income +€1,880
up €1,880 (+126%), from €1,497 to €3,377
- Reserves +€14,000
up €14,000 (+24.3%), from €57,700 to €71,700
of which Distributable reserves: +€19,776
- Other debts -€3,670
down €3,670 (-73.4%), from €5,000 to €1,330
- Gross operating margin +€7,637
up €7,637 (+22.0%), from €34,726 to €42,363
- Depreciation +€1,137
up €1,137 (+10.3%), from €11,008 to €12,146
- Other operating charges +€1,030
up €1,030 (+60.4%), from €1,705 to €2,734
- Financial income -€494
down €494 (-100.0%), from €494 to €0
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 | €101,974 | €114,299 | +€12,324 | +12.1% |
| Fixed assets | 21/28 | €48,723 | €43,377 | -€5,346 | -11.0% |
| Tangible fixed assets | 22/27 | €48,723 | €43,377 | -€5,346 | -11.0% |
| Land and buildings | 22 | €0 | - | -€0 | |
| Plant, machinery and equipment | 23 | €17,988 | €19,993 | +€2,006 | +11.1% |
| Furniture and vehicles | 24 | €30,735 | €23,384 | -€7,351 | -23.9% |
| Current assets | 29/58 | €53,252 | €70,922 | +€17,670 | +33.2% |
| Stocks and contracts in progress | 3 | - | €2,123 | +€2,123 | |
| Contracts in progress | 37 | - | €2,123 | +€2,123 | |
| Amounts receivable within one year | 40/41 | €16,846 | €3,430 | -€13,416 | -79.6% |
| Trade receivables | 40 | €14,101 | €3,430 | -€10,670 | -75.7% |
| Other amounts receivable | 41 | €2,746 | - | -€2,746 | |
| Cash at bank and in hand | 54/58 | €34,908 | €61,991 | +€27,083 | +77.6% |
| Deferred charges and accrued income | 490/1 | €1,497 | €3,377 | +€1,880 | +126% |
| Total equity and liabilities | 10/49 | €101,974 | €114,299 | +€12,324 | +12.1% |
| Equity | 10/15 | €83,931 | €99,050 | +€15,119 | +18.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €57,700 | €71,700 | +€14,000 | +24.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,776 | - | -€5,776 | |
| Distributable reserves | 133 | €50,064 | €69,840 | +€19,776 | +39.5% |
| Profit (loss) carried forward | 14 | €7,631 | €8,750 | +€1,119 | +14.7% |
| Amounts payable | 17/49 | €18,043 | €15,249 | -€2,794 | -15.5% |
| Amounts payable within one year | 42/48 | €18,043 | €15,249 | -€2,794 | -15.5% |
| Financial debts | 43 | €323 | €28 | -€295 | -91.3% |
| Credit institutions | 430/8 | €323 | €28 | -€295 | -91.3% |
| Trade debts | 44 | €1,346 | €1,786 | +€440 | +32.7% |
| Suppliers | 440/4 | €1,346 | €1,786 | +€440 | +32.7% |
| Taxes, remuneration and social security | 45 | €11,373 | €12,105 | +€732 | +6.4% |
| Taxes | 450/3 | €11,373 | €8,599 | -€2,774 | -24.4% |
| Remuneration and social security | 454/9 | - | €3,506 | +€3,506 | |
| Other amounts payable | 47/48 | €5,000 | €1,330 | -€3,670 | -73.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,008 | €12,146 | +€1,137 | +10.3% |
| Other operating charges | 640/8 | €1,705 | €2,734 | +€1,030 | +60.4% |
| Gross operating margin | 9900 | €34,726 | €42,363 | +€7,637 | +22.0% |
| Operating profit (loss) | 9901 | €22,013 | €27,483 | +€5,470 | +24.9% |
| Financial income | 75/76B | €494 | €0 | -€494 | -100.0% |
| Recurring financial income | 75 | €494 | €0 | -€494 | -100.0% |
| Financial charges | 65/66B | €175 | €173 | -€1 | -0.8% |
| Recurring financial charges | 65 | €175 | €173 | -€1 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | €22,332 | €27,310 | +€4,978 | +22.3% |
| Income taxes | 67/77 | €4,840 | €5,191 | +€351 | +7.3% |
| Profit (loss) for the period | 9904 | €17,492 | €22,119 | +€4,627 | +26.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,492 | €22,119 | +€4,627 | +26.4% |
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 27 October 2026 via checked.be.