ALL INE WORKOUTS: 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 INE WORKOUTS
Largest movements
- Cash +€46,329
up €46,329 (+104.9%), from €44,153 to €90,482
mainly Net result for the year (+€30,289) and Receivables within one year (+€12,499)
- Receivables within one year -€12,499
down €12,499 (-51.1%), from €24,465 to €11,966
- Tangible fixed assets -€5,719
down €5,719 (-17.7%), from €32,357 to €26,637
of which Furniture and vehicles: -€3,371
- Deferred charges and accrued income +€1,798
up €1,798 (+667.1%), from €270 to €2,068
- Reserves +€30,289
up €30,289 (+34.0%), from €89,150 to €119,439
- Accrued charges and deferred income +€1,877
up €1,877 (+59.6%), from €3,147 to €5,024
- Tax, wage and social debts -€1,402
down €1,402 (-51.9%), from €2,701 to €1,300
- Gross operating margin +€8,740
up €8,740 (+22.0%), from €39,668 to €48,408
- Staff costs -€7,470
no longer reported in 2025 (was €7,470)
- Taxes +€2,838
up €2,838 (+52.6%), from €5,393 to €8,231
- Depreciation +€898
up €898 (+10.8%), from €8,322 to €9,219
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 | €101,244 | €131,153 | +€29,909 | +29.5% |
| Fixed assets | 21/28 | €32,357 | €26,637 | -€5,719 | -17.7% |
| Tangible fixed assets | 22/27 | €32,357 | €26,637 | -€5,719 | -17.7% |
| Plant, machinery and equipment | 23 | €20,292 | €17,943 | -€2,349 | -11.6% |
| Furniture and vehicles | 24 | €12,065 | €8,694 | -€3,371 | -27.9% |
| Current assets | 29/58 | €68,887 | €104,516 | +€35,629 | +51.7% |
| Amounts receivable within one year | 40/41 | €24,465 | €11,966 | -€12,499 | -51.1% |
| Trade receivables | 40 | €24,465 | €11,966 | -€12,499 | -51.1% |
| Cash at bank and in hand | 54/58 | €44,153 | €90,482 | +€46,329 | +104.9% |
| Deferred charges and accrued income | 490/1 | €270 | €2,068 | +€1,798 | +667.1% |
| Total equity and liabilities | 10/49 | €101,244 | €131,153 | +€29,909 | +29.5% |
| Equity | 10/15 | €91,150 | €121,439 | +€30,289 | +33.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €89,150 | €119,439 | +€30,289 | +34.0% |
| Distributable reserves | 133 | €89,150 | €119,439 | +€30,289 | +34.0% |
| Amounts payable | 17/49 | €10,094 | €9,714 | -€380 | -3.8% |
| Amounts payable within one year | 42/48 | €6,946 | €4,690 | -€2,256 | -32.5% |
| Trade debts | 44 | €2,972 | €2,411 | -€561 | -18.9% |
| Suppliers | 440/4 | €2,972 | €2,411 | -€561 | -18.9% |
| Advances received on contracts in progress | 46 | - | €306 | +€306 | |
| Taxes, remuneration and social security | 45 | €2,701 | €1,300 | -€1,402 | -51.9% |
| Taxes | 450/3 | €2,701 | €1,300 | -€1,402 | -51.9% |
| Other amounts payable | 47/48 | €1,273 | €673 | -€600 | -47.1% |
| Accrued charges and deferred income | 492/3 | €3,147 | €5,024 | +€1,877 | +59.6% |
| Remuneration, social security and pensions | 62 | €7,470 | - | -€7,470 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,322 | €9,219 | +€898 | +10.8% |
| Other operating charges | 640/8 | - | €127 | +€127 | |
| Gross operating margin | 9900 | €39,668 | €48,408 | +€8,740 | +22.0% |
| Operating profit (loss) | 9901 | €23,876 | €39,061 | +€15,185 | +63.6% |
| Financial income | 75/76B | €143 | €28 | -€115 | -80.4% |
| Recurring financial income | 75 | €143 | €28 | -€115 | -80.4% |
| Financial charges | 65/66B | €328 | €569 | +€241 | +73.4% |
| Recurring financial charges | 65 | €328 | €569 | +€241 | +73.4% |
| Profit (loss) for the period before taxes | 9903 | €23,691 | €38,521 | +€14,830 | +62.6% |
| Income taxes | 67/77 | €5,393 | €8,231 | +€2,838 | +52.6% |
| Profit (loss) for the period | 9904 | €18,298 | €30,289 | +€11,991 | +65.5% |
| Profit (loss) for the period to be appropriated | 9905 | €18,298 | €30,289 | +€11,991 | +65.5% |
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 11 October 2026 via checked.be.