ANSWER 42: what changed
Two fiscal 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.
ANSWER 42
Largest movements
- Cash +€41,825
up €41,825 (+1075.7%), from €3,888 to €45,713
mainly Net result for the year (+€50,448) and Tax, wage and social debts (+€6,238)
- Current investments +€19,934
up €19,934 (+19.0%), from €105,017 to €124,951
- Financial fixed assets +€4,260
up €4,260 (+30.9%), from €13,789 to €18,049
- Receivables within one year -€2,743
down €2,743 (-4.9%), from €55,649 to €52,906
of which Other amounts receivable: -€4,180
- Profit (loss) carried forward +€50,448
up €50,448 (+33.6%), from €150,362 to €200,810
- Tax, wage and social debts +€6,238
up €6,238 (+416.1%), from €1,499 to €7,737
- Other debts +€4,236
up €4,236 (+14.8%), from €28,662 to €32,898
- Gross operating margin +€49,422
up €49,422 (+203.6%), from €24,269 to €73,690
- Taxes +€12,460
up €12,460 (+170.2%), from €7,321 to €19,781
- Depreciation +€1,254
up €1,254 (+113.8%), from €1,102 to €2,357
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 | €187,605 | €249,650 | +€62,045 | +33.1% |
| Fixed assets | 21/28 | €19,637 | €21,541 | +€1,903 | +9.7% |
| Tangible fixed assets | 22/27 | €5,848 | €3,492 | -€2,357 | -40.3% |
| Furniture and vehicles | 24 | €5,848 | €3,492 | -€2,357 | -40.3% |
| Financial fixed assets | 28 | €13,789 | €18,049 | +€4,260 | +30.9% |
| Current assets | 29/58 | €167,968 | €228,109 | +€60,141 | +35.8% |
| Amounts receivable within one year | 40/41 | €55,649 | €52,906 | -€2,743 | -4.9% |
| Trade receivables | 40 | €9,363 | €10,800 | +€1,437 | +15.3% |
| Other amounts receivable | 41 | €46,286 | €42,106 | -€4,180 | -9.0% |
| Current investments | 50/53 | €105,017 | €124,951 | +€19,934 | +19.0% |
| Cash at bank and in hand | 54/58 | €3,888 | €45,713 | +€41,825 | +1075.7% |
| Deferred charges and accrued income | 490/1 | €3,414 | €4,539 | +€1,126 | +33.0% |
| Total equity and liabilities | 10/49 | €187,605 | €249,650 | +€62,045 | +33.1% |
| Equity | 10/15 | €155,362 | €205,810 | +€50,448 | +32.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €150,362 | €200,810 | +€50,448 | +33.6% |
| Amounts payable | 17/49 | €32,243 | €43,840 | +€11,597 | +36.0% |
| Amounts payable within one year | 42/48 | €32,243 | €43,840 | +€11,597 | +36.0% |
| Current portion of amounts payable after more than one year | 42 | - | €2,192 | +€2,192 | |
| Trade debts | 44 | €2,082 | €1,013 | -€1,069 | -51.3% |
| Suppliers | 440/4 | €2,082 | €1,013 | -€1,069 | -51.3% |
| Taxes, remuneration and social security | 45 | €1,499 | €7,737 | +€6,238 | +416.1% |
| Taxes | 450/3 | €1,499 | €7,737 | +€6,238 | +416.1% |
| Other amounts payable | 47/48 | €28,662 | €32,898 | +€4,236 | +14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,102 | €2,357 | +€1,254 | +113.8% |
| Other operating charges | 640/8 | €473 | €101 | -€372 | -78.6% |
| Gross operating margin | 9900 | €24,269 | €73,690 | +€49,422 | +203.6% |
| Operating profit (loss) | 9901 | €22,693 | €71,232 | +€48,539 | +213.9% |
| Financial income | 75/76B | €627 | €99 | -€528 | -84.2% |
| Recurring financial income | 75 | €627 | €99 | -€528 | -84.2% |
| Financial charges | 65/66B | €1,240 | €1,103 | -€137 | -11.0% |
| Recurring financial charges | 65 | €1,240 | €1,103 | -€137 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €22,080 | €70,228 | +€48,148 | +218.1% |
| Income taxes | 67/77 | €7,321 | €19,781 | +€12,460 | +170.2% |
| Profit (loss) for the period | 9904 | €14,759 | €50,448 | +€35,689 | +241.8% |
| Profit (loss) for the period to be appropriated | 9905 | €14,759 | €50,448 | +€35,689 | +241.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.