Ann Schrijvers: 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.
Ann Schrijvers
Largest movements
- Cash +€3,371
up €3,371 (+81.0%), from €4,162 to €7,533
mainly Trade debts (+€4,309) and Depreciation (+€1,732)
- Deferred charges and accrued income +€1,077
up €1,077 (+174%), from €620 to €1,697
- Receivables within one year +€287
up €287 (+2.2%), from €13,069 to €13,356
- Trade debts +€4,309
up €4,309 (+49.5%), from €8,698 to €13,007
- Profit (loss) carried forward -€1,565
down €1,565 (-5.0%), from -€31,368 to -€32,933
- Tax, wage and social debts +€1,199
up €1,199 (+105%), from €1,141 to €2,339
- Other debts +€965
up €965 (+8.8%), from €11,007 to €11,972
- Gross operating margin -€718
down €718 (-25.6%), from €2,802 to €2,085
- Other operating charges +€277
up €277 (+27.1%), from €1,020 to €1,297
- Depreciation +€189
up €189 (+12.2%), from €1,543 to €1,732
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 | €21,033 | €25,941 | +€4,907 | +23.3% |
| Fixed assets | 21/28 | €3,182 | €3,354 | +€172 | +5.4% |
| Tangible fixed assets | 22/27 | €3,182 | €3,354 | +€172 | +5.4% |
| Land and buildings | 22 | €425 | €0 | -€425 | -100% |
| Plant, machinery and equipment | 23 | €559 | €179 | -€380 | -68.0% |
| Furniture and vehicles | 24 | €2,198 | €3,175 | +€977 | +44.5% |
| Current assets | 29/58 | €17,851 | €22,586 | +€4,735 | +26.5% |
| Amounts receivable within one year | 40/41 | €13,069 | €13,356 | +€287 | +2.2% |
| Trade receivables | 40 | €13,069 | €13,356 | +€287 | +2.2% |
| Cash at bank and in hand | 54/58 | €4,162 | €7,533 | +€3,371 | +81.0% |
| Deferred charges and accrued income | 490/1 | €620 | €1,697 | +€1,077 | +174% |
| Total equity and liabilities | 10/49 | €21,033 | €25,941 | +€4,907 | +23.3% |
| Equity | 10/15 | €187 | -€1,378 | -€1,565 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €19,155 | €19,155 | = | 0.0% |
| Non-distributable reserves | 130/1 | €468 | €468 | = | 0.0% |
| Reserves not available under the articles | 1311 | €468 | €468 | = | 0.0% |
| Distributable reserves | 133 | €18,687 | €18,687 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,368 | -€32,933 | -€1,565 | -5.0% |
| Amounts payable | 17/49 | €20,846 | €27,318 | +€6,472 | +31.0% |
| Amounts payable within one year | 42/48 | €20,846 | €27,318 | +€6,472 | +31.0% |
| Trade debts | 44 | €8,698 | €13,007 | +€4,309 | +49.5% |
| Suppliers | 440/4 | €8,698 | €13,007 | +€4,309 | +49.5% |
| Taxes, remuneration and social security | 45 | €1,141 | €2,339 | +€1,199 | +105% |
| Taxes | 450/3 | €1,141 | €2,339 | +€1,199 | +105% |
| Other amounts payable | 47/48 | €11,007 | €11,972 | +€965 | +8.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,543 | €1,732 | +€189 | +12.2% |
| Other operating charges | 640/8 | €1,020 | €1,297 | +€277 | +27.1% |
| Gross operating margin | 9900 | €2,802 | €2,085 | -€718 | -25.6% |
| Operating profit (loss) | 9901 | €239 | -€944 | -€1,183 | |
| Financial income | 75/76B | €26 | €0 | -€26 | -98.8% |
| Recurring financial income | 75 | €26 | €0 | -€26 | -98.8% |
| Financial charges | 65/66B | €227 | €251 | +€24 | +10.5% |
| Recurring financial charges | 65 | €227 | €251 | +€24 | +10.5% |
| Profit (loss) for the period before taxes | 9903 | €38 | -€1,195 | -€1,233 | |
| Income taxes | 67/77 | €359 | €370 | +€11 | +3.1% |
| Profit (loss) for the period | 9904 | -€321 | -€1,565 | -€1,244 | -387% |
| Profit (loss) for the period to be appropriated | 9905 | -€321 | -€1,565 | -€1,244 | -387% |
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 1 November 2026 via checked.be.