ALL OR NOTHING: 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 OR NOTHING
Largest movements
- Cash +€3,540
up €3,540 (+17.5%), from €20,195 to €23,735
mainly Net result for the year (+€29,518) and Trade debts (+€17,123)
- Deferred charges and accrued income +€2,571
up €2,571 (+207%), from €1,243 to €3,814
- Receivables within one year -€1,882
down €1,882 (-55.6%), from €3,382 to €1,500
of which Trade receivables: -€1,128
- Tangible fixed assets -€366
down €366 (-10.8%), from €3,381 to €3,016
of which Furniture and vehicles: -€366
- Other debts -€47,186
down €47,186 (-74.9%), from €63,004 to €15,819
- Profit (loss) carried forward +€29,518
up €29,518 (+70.2%), from -€42,044 to -€12,526
- Trade debts +€17,123
up €17,123 (+404%), from €4,241 to €21,364
- Tax, wage and social debts +€4,408
new in 2025: €4,408
- Gross operating margin +€43,412
up €43,412, from -€12,197 to €31,215
- Depreciation -€2,939
down €2,939 (-88.9%), from €3,305 to €366
- Financial income +€1,210
up €1,210 (+2,079%), from €58 to €1,268
- Taxes +€846
up €846 (+218%), from €389 to €1,235
- Other operating charges +€344
up €344 (+38.0%), from €906 to €1,250
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 | €28,202 | €32,065 | +€3,863 | +13.7% |
| Fixed assets | 21/28 | €3,381 | €3,016 | -€366 | -10.8% |
| Tangible fixed assets | 22/27 | €3,381 | €3,016 | -€366 | -10.8% |
| Furniture and vehicles | 24 | €631 | €266 | -€366 | -57.9% |
| Other tangible fixed assets | 26 | €2,750 | €2,750 | = | 0.0% |
| Current assets | 29/58 | €24,820 | €29,049 | +€4,229 | +17.0% |
| Amounts receivable within one year | 40/41 | €3,382 | €1,500 | -€1,882 | -55.6% |
| Trade receivables | 40 | €2,628 | €1,500 | -€1,128 | -42.9% |
| Other amounts receivable | 41 | €754 | - | -€754 | |
| Cash at bank and in hand | 54/58 | €20,195 | €23,735 | +€3,540 | +17.5% |
| Deferred charges and accrued income | 490/1 | €1,243 | €3,814 | +€2,571 | +207% |
| Total equity and liabilities | 10/49 | €28,202 | €32,065 | +€3,863 | +13.7% |
| Equity | 10/15 | -€39,044 | -€9,526 | +€29,518 | +75.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,044 | -€12,526 | +€29,518 | +70.2% |
| Amounts payable | 17/49 | €67,245 | €41,591 | -€25,655 | -38.2% |
| Amounts payable within one year | 42/48 | €67,245 | €41,591 | -€25,655 | -38.2% |
| Trade debts | 44 | €4,241 | €21,364 | +€17,123 | +404% |
| Suppliers | 440/4 | €4,241 | €21,364 | +€17,123 | +404% |
| Taxes, remuneration and social security | 45 | - | €4,408 | +€4,408 | |
| Taxes | 450/3 | - | €4,408 | +€4,408 | |
| Other amounts payable | 47/48 | €63,004 | €15,819 | -€47,186 | -74.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,305 | €366 | -€2,939 | -88.9% |
| Other operating charges | 640/8 | €906 | €1,250 | +€344 | +38.0% |
| Gross operating margin | 9900 | -€12,197 | €31,215 | +€43,412 | |
| Operating profit (loss) | 9901 | -€16,408 | €29,600 | +€46,008 | |
| Financial income | 75/76B | €58 | €1,268 | +€1,210 | +2,079% |
| Recurring financial income | 75 | €58 | €1,268 | +€1,210 | +2,079% |
| Financial charges | 65/66B | €62 | €115 | +€53 | +85.0% |
| Recurring financial charges | 65 | €62 | €115 | +€53 | +85.0% |
| Profit (loss) for the period before taxes | 9903 | -€16,412 | €30,753 | +€47,165 | |
| Income taxes | 67/77 | €389 | €1,235 | +€846 | +218% |
| Profit (loss) for the period | 9904 | -€16,801 | €29,518 | +€46,319 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,801 | €29,518 | +€46,319 |
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.