ANIMAL STUDY: 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.
ANIMAL STUDY
Largest movements
- Cash +€8,374
up €8,374 (+11317.8%), from €74 to €8,448
mainly Net result for the year (+€10,350) and Receivables within one year (+€7,006)
- Receivables within one year -€7,006
down €7,006 (-46.8%), from €14,980 to €7,974
of which Trade receivables: -€5,649
- Tangible fixed assets +€5,826
up €5,826 (+611.1%), from €953 to €6,779
of which Plant, machinery and equipment: +€6,353
- Intangible fixed assets -€3,616
down €3,616 (-17.9%), from €20,202 to €16,586
- Profit (loss) carried forward +€10,350
up €10,350, from -€1,677 to €8,674
- Trade debts -€6,061
down €6,061 (-50.7%), from €11,962 to €5,902
- Other debts -€712
down €712 (-3.0%), from €23,924 to €23,212
- Turnover +€26,302
new in 2025: €26,302
- Gross operating margin +€23,857
up €23,857, from -€2,409 to €21,448
- Purchases and services +€4,854
new in 2025: €4,854
- Financial charges +€560
up €560 (+389.4%), from €144 to €704
- Other operating charges +€281
up €281 (+72.6%), from €387 to €669
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 | €36,209 | €39,787 | +€3,578 | +9.9% |
| Fixed assets | 21/28 | €21,155 | €23,365 | +€2,210 | +10.4% |
| Intangible fixed assets | 21 | €20,202 | €16,586 | -€3,616 | -17.9% |
| Tangible fixed assets | 22/27 | €953 | €6,779 | +€5,826 | +611.1% |
| Plant, machinery and equipment | 23 | - | €6,353 | +€6,353 | |
| Furniture and vehicles | 24 | €953 | €426 | -€527 | -55.3% |
| Current assets | 29/58 | €15,054 | €16,422 | +€1,368 | +9.1% |
| Amounts receivable within one year | 40/41 | €14,980 | €7,974 | -€7,006 | -46.8% |
| Trade receivables | 40 | €13,117 | €7,468 | -€5,649 | -43.1% |
| Other amounts receivable | 41 | €1,864 | €506 | -€1,357 | -72.8% |
| Cash at bank and in hand | 54/58 | €74 | €8,448 | +€8,374 | +11317.8% |
| Total equity and liabilities | 10/49 | €36,209 | €39,787 | +€3,578 | +9.9% |
| Equity | 10/15 | €323 | €10,674 | +€10,350 | +3200.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,677 | €8,674 | +€10,350 | |
| Amounts payable | 17/49 | €35,886 | €29,113 | -€6,773 | -18.9% |
| Amounts payable within one year | 42/48 | €35,886 | €29,113 | -€6,773 | -18.9% |
| Trade debts | 44 | €11,962 | €5,902 | -€6,061 | -50.7% |
| Suppliers | 440/4 | €11,962 | €5,902 | -€6,061 | -50.7% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €23,924 | €23,212 | -€712 | -3.0% |
| Turnover | 70 | - | €26,302 | +€26,302 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €4,854 | +€4,854 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,321 | €6,045 | -€276 | -4.4% |
| Other operating charges | 640/8 | €387 | €669 | +€281 | +72.6% |
| Non-recurring operating charges | 66A | - | €3,680 | +€3,680 | |
| Gross operating margin | 9900 | -€2,409 | €21,448 | +€23,857 | |
| Operating profit (loss) | 9901 | -€9,117 | €11,055 | +€20,172 | |
| Financial charges | 65/66B | €144 | €704 | +€560 | +389.4% |
| Recurring financial charges | 65 | €144 | €704 | +€560 | +389.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,261 | €10,350 | +€19,611 | |
| Profit (loss) for the period | 9904 | -€9,261 | €10,350 | +€19,611 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,261 | €10,350 | +€19,611 |
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.