Always Right: 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.
Always Right
Largest movements
- Receivables within one year +€26,712
up €26,712 (+284.7%), from €9,383 to €36,095
- Cash +€18,610
up €18,610 (+35.2%), from €52,882 to €71,492
mainly Net result for the year (+€31,882) and Depreciation (+€8,254)
- Tangible fixed assets -€8,254
down €8,254 (-67.9%), from €12,162 to €3,908
of which Furniture and vehicles: -€7,473
- Deferred charges and accrued income +€1,143
new in 2025: €1,143
- Reserves +€31,882
new in 2025: €31,882
- Trade debts +€6,543
new in 2025: €6,543
- Tax, wage and social debts -€2,215
down €2,215 (-10.0%), from €22,050 to €19,835
- Accrued charges and deferred income +€2,000
up €2,000 (+100.0%), from €2,000 to €4,000
- Gross operating margin +€19,948
up €19,948 (+59.8%), from €33,369 to €53,316
- Taxes +€6,908
up €6,908 (+126.4%), from €5,465 to €12,373
- Depreciation -€689
down €689 (-7.7%), from €8,944 to €8,254
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 | €74,427 | €112,637 | +€38,210 | +51.3% |
| Fixed assets | 21/28 | €12,162 | €3,908 | -€8,254 | -67.9% |
| Tangible fixed assets | 22/27 | €12,162 | €3,908 | -€8,254 | -67.9% |
| Plant, machinery and equipment | 23 | €2,300 | €1,519 | -€781 | -34.0% |
| Furniture and vehicles | 24 | €9,862 | €2,389 | -€7,473 | -75.8% |
| Current assets | 29/58 | €62,265 | €108,729 | +€46,464 | +74.6% |
| Amounts receivable within one year | 40/41 | €9,383 | €36,095 | +€26,712 | +284.7% |
| Other amounts receivable | 41 | €9,383 | €36,095 | +€26,712 | +284.7% |
| Cash at bank and in hand | 54/58 | €52,882 | €71,492 | +€18,610 | +35.2% |
| Deferred charges and accrued income | 490/1 | - | €1,143 | +€1,143 | |
| Total equity and liabilities | 10/49 | €74,427 | €112,637 | +€38,210 | +51.3% |
| Equity | 10/15 | €50,377 | €82,259 | +€31,882 | +63.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €31,882 | +€31,882 | |
| Distributable reserves | 133 | - | €31,882 | +€31,882 | |
| Profit (loss) carried forward | 14 | €47,377 | €47,377 | = | 0.0% |
| Amounts payable | 17/49 | €24,050 | €30,379 | +€6,328 | +26.3% |
| Amounts payable within one year | 42/48 | €22,050 | €26,379 | +€4,328 | +19.6% |
| Trade debts | 44 | - | €6,543 | +€6,543 | |
| Suppliers | 440/4 | - | €6,543 | +€6,543 | |
| Taxes, remuneration and social security | 45 | €22,050 | €19,835 | -€2,215 | -10.0% |
| Taxes | 450/3 | €22,050 | €19,835 | -€2,215 | -10.0% |
| Accrued charges and deferred income | 492/3 | €2,000 | €4,000 | +€2,000 | +100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,944 | €8,254 | -€689 | -7.7% |
| Other operating charges | 640/8 | €539 | €644 | +€105 | +19.6% |
| Gross operating margin | 9900 | €33,369 | €53,316 | +€19,948 | +59.8% |
| Operating profit (loss) | 9901 | €23,887 | €44,418 | +€20,532 | +86.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -50.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -50.0% |
| Financial charges | 65/66B | €39 | €163 | +€124 | +318.2% |
| Recurring financial charges | 65 | €39 | €163 | +€124 | +318.2% |
| Profit (loss) for the period before taxes | 9903 | €23,848 | €44,255 | +€20,407 | +85.6% |
| Income taxes | 67/77 | €5,465 | €12,373 | +€6,908 | +126.4% |
| Profit (loss) for the period | 9904 | €18,383 | €31,882 | +€13,499 | +73.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,383 | €31,882 | +€13,499 | +73.4% |
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 10 October 2026 via checked.be.