Any Development: 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.
Any Development
Largest movements
- Receivables within one year +€19,398
up €19,398 (+8.9%), from €218,999 to €238,397
of which Trade receivables: +€17,338
- Cash -€17,320
down €17,320 (-78.6%), from €22,033 to €4,713
mainly Contributions, distributions and other (-€97,268) and Receivables within one year (-€19,398)
- Tangible fixed assets +€8,768
up €8,768 (+72.7%), from €12,057 to €20,825
of which Furniture and vehicles: +€10,255
- Deferred charges and accrued income +€8,061
up €8,061 (+331.2%), from €2,434 to €10,495
- Other debts +€96,367
up €96,367 (+725.9%), from €13,276 to €109,643
- Reserves -€70,006
down €70,006 (-34.0%), from €206,157 to €136,150
- Current portion of long-term debt -€12,500
down €12,500 (-50.0%), from €25,000 to €12,500
- Tax, wage and social debts +€6,796
up €6,796 (+21575.3%), from €32 to €6,828
- Gross operating margin -€44,234
down €44,234 (-51.3%), from €86,228 to €41,994
- Taxes -€11,700
down €11,700 (-52.4%), from €22,315 to €10,615
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 | €255,523 | €274,430 | +€18,907 | +7.4% |
| Fixed assets | 21/28 | €12,057 | €20,825 | +€8,768 | +72.7% |
| Tangible fixed assets | 22/27 | €12,057 | €20,825 | +€8,768 | +72.7% |
| Plant, machinery and equipment | 23 | €2,526 | €1,039 | -€1,486 | -58.8% |
| Furniture and vehicles | 24 | €9,531 | €19,786 | +€10,255 | +107.6% |
| Current assets | 29/58 | €243,466 | €253,605 | +€10,139 | +4.2% |
| Amounts receivable within one year | 40/41 | €218,999 | €238,397 | +€19,398 | +8.9% |
| Trade receivables | 40 | €82 | €17,420 | +€17,338 | +21154.3% |
| Other amounts receivable | 41 | €218,917 | €220,977 | +€2,060 | +0.9% |
| Cash at bank and in hand | 54/58 | €22,033 | €4,713 | -€17,320 | -78.6% |
| Deferred charges and accrued income | 490/1 | €2,434 | €10,495 | +€8,061 | +331.2% |
| Total equity and liabilities | 10/49 | €255,523 | €274,430 | +€18,907 | +7.4% |
| Equity | 10/15 | €211,157 | €141,150 | -€70,006 | -33.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €206,157 | €136,150 | -€70,006 | -34.0% |
| Distributable reserves | 133 | €206,157 | €136,150 | -€70,006 | -34.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €44,366 | €133,280 | +€88,914 | +200.4% |
| Amounts payable within one year | 42/48 | €39,866 | €129,280 | +€89,414 | +224.3% |
| Current portion of amounts payable after more than one year | 42 | €25,000 | €12,500 | -€12,500 | -50.0% |
| Trade debts | 44 | €1,559 | €309 | -€1,250 | -80.2% |
| Suppliers | 440/4 | €1,559 | €309 | -€1,250 | -80.2% |
| Taxes, remuneration and social security | 45 | €32 | €6,828 | +€6,796 | +21575.3% |
| Taxes | 450/3 | €32 | €6,828 | +€6,796 | +21575.3% |
| Other amounts payable | 47/48 | €13,276 | €109,643 | +€96,367 | +725.9% |
| Accrued charges and deferred income | 492/3 | €4,500 | €4,000 | -€500 | -11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,582 | €6,282 | -€300 | -4.6% |
| Other operating charges | 640/8 | €287 | €287 | = | 0.0% |
| Non-recurring operating charges | 66A | €839 | €0 | -€839 | -100.0% |
| Gross operating margin | 9900 | €86,228 | €41,994 | -€44,234 | -51.3% |
| Operating profit (loss) | 9901 | €78,520 | €35,425 | -€43,094 | -54.9% |
| Financial income | 75/76B | €3,727 | €4,170 | +€443 | +11.9% |
| Recurring financial income | 75 | €3,727 | €4,170 | +€443 | +11.9% |
| Financial charges | 65/66B | €976 | €1,719 | +€743 | +76.2% |
| Recurring financial charges | 65 | €976 | €1,719 | +€743 | +76.2% |
| Profit (loss) for the period before taxes | 9903 | €81,271 | €37,876 | -€43,395 | -53.4% |
| Income taxes | 67/77 | €22,315 | €10,615 | -€11,700 | -52.4% |
| Profit (loss) for the period | 9904 | €58,957 | €27,262 | -€31,695 | -53.8% |
| Profit (loss) for the period to be appropriated | 9905 | €58,957 | €27,262 | -€31,695 | -53.8% |
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 7 October 2026 via checked.be.