ANOTHER: 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.
ANOTHER
Largest movements
- Receivables within one year +€47,686
up €47,686 (+46.1%), from €103,426 to €151,112
of which Other amounts receivable: +€44,149
- Cash -€14,087
no longer reported in 2025 (was €14,087)
mainly Receivables within one year (-€47,686) and Tax, wage and social debts (-€21,776)
- Deferred charges and accrued income +€3,996
up €3,996 (+43.3%), from €9,221 to €13,216
- Profit (loss) carried forward +€32,707
up €32,707 (+19.7%), from €166,147 to €198,854
- Trade debts +€22,197
up €22,197 (+152.9%), from €14,521 to €36,718
- Tax, wage and social debts -€21,776
down €21,776 (-42.9%), from €50,763 to €28,987
- Short-term financial debts +€3,544
new in 2025: €3,544
- Other operating charges -€2,995
down €2,995 (-67.1%), from €4,462 to €1,468
- Gross operating margin +€2,691
up €2,691 (+5.9%), from €45,983 to €48,674
- Taxes +€1,805
up €1,805 (+10.6%), from €17,045 to €18,850
- Financial charges +€701
up €701 (+54.4%), from €1,288 to €1,990
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 | €257,134 | €292,662 | +€35,528 | +13.8% |
| Fixed assets | 21/28 | €22,721 | €22,464 | -€257 | -1.1% |
| Tangible fixed assets | 22/27 | €22,721 | €22,464 | -€257 | -1.1% |
| Furniture and vehicles | 24 | €22,721 | €22,464 | -€257 | -1.1% |
| Current assets | 29/58 | €234,413 | €270,198 | +€35,785 | +15.3% |
| Amounts receivable after more than one year | 29 | €107,679 | €105,869 | -€1,810 | -1.7% |
| Other amounts receivable | 291 | €107,679 | €105,869 | -€1,810 | -1.7% |
| Amounts receivable within one year | 40/41 | €103,426 | €151,112 | +€47,686 | +46.1% |
| Trade receivables | 40 | €37,823 | €41,360 | +€3,537 | +9.4% |
| Other amounts receivable | 41 | €65,603 | €109,752 | +€44,149 | +67.3% |
| Cash at bank and in hand | 54/58 | €14,087 | - | -€14,087 | |
| Deferred charges and accrued income | 490/1 | €9,221 | €13,216 | +€3,996 | +43.3% |
| Total equity and liabilities | 10/49 | €257,134 | €292,662 | +€35,528 | +13.8% |
| Equity | 10/15 | €186,607 | €219,314 | +€32,707 | +17.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €166,147 | €198,854 | +€32,707 | +19.7% |
| Amounts payable | 17/49 | €70,527 | €73,348 | +€2,821 | +4.0% |
| Amounts payable within one year | 42/48 | €68,618 | €72,582 | +€3,964 | +5.8% |
| Current portion of amounts payable after more than one year | 42 | €3,333 | €3,333 | +€0 | 0.0% |
| Financial debts | 43 | - | €3,544 | +€3,544 | |
| Credit institutions | 430/8 | - | €3,544 | +€3,544 | |
| Trade debts | 44 | €14,521 | €36,718 | +€22,197 | +152.9% |
| Suppliers | 440/4 | €14,521 | €36,718 | +€22,197 | +152.9% |
| Taxes, remuneration and social security | 45 | €50,763 | €28,987 | -€21,776 | -42.9% |
| Taxes | 450/3 | €50,763 | €28,987 | -€21,776 | -42.9% |
| Accrued charges and deferred income | 492/3 | €1,909 | €766 | -€1,143 | -59.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,620 | €1,211 | -€409 | -25.2% |
| Other operating charges | 640/8 | €4,462 | €1,468 | -€2,995 | -67.1% |
| Gross operating margin | 9900 | €45,983 | €48,674 | +€2,691 | +5.9% |
| Operating profit (loss) | 9901 | €39,900 | €45,995 | +€6,095 | +15.3% |
| Financial income | 75/76B | €7,390 | €7,552 | +€162 | +2.2% |
| Recurring financial income | 75 | €7,390 | €7,552 | +€162 | +2.2% |
| Financial charges | 65/66B | €1,288 | €1,990 | +€701 | +54.4% |
| Recurring financial charges | 65 | €1,288 | €1,990 | +€701 | +54.4% |
| Profit (loss) for the period before taxes | 9903 | €46,002 | €51,557 | +€5,556 | +12.1% |
| Income taxes | 67/77 | €17,045 | €18,850 | +€1,805 | +10.6% |
| Profit (loss) for the period | 9904 | €28,957 | €32,707 | +€3,750 | +13.0% |
| Profit (loss) for the period to be appropriated | 9905 | €28,957 | €32,707 | +€3,750 | +13.0% |
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.