AREA CONCEPT: 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.
AREA CONCEPT
Largest movements
- Receivables within one year +€86,067
up €86,067 (+89.9%), from €95,686 to €181,753
of which Trade receivables: +€73,104
- Cash +€18,078
up €18,078 (+649%), from €2,784 to €20,861
mainly Trade debts (+€66,912) and Net result for the year (+€49,880)
- Tangible fixed assets -€2,607
down €2,607 (-77.0%), from €3,387 to €779
- Trade debts +€66,912
up €66,912 (+372%), from €18,002 to €84,914
- Profit (loss) carried forward +€49,880
up €49,880 (+87.8%), from €56,814 to €106,694
- Tax, wage and social debts -€12,875
down €12,875 (-53.7%), from €23,955 to €11,080
of which Taxes: -€13,559
- Accrued charges and deferred income -€2,073
down €2,073 (-99.4%), from €2,085 to €12
- Gross operating margin +€93,763
up €93,763, from -€35,364 to €58,399
- Taxes +€3,659
new in 2025: €3,659
- Staff costs +€2,834
new in 2025: €2,834
- Other operating charges -€1,347
down €1,347 (-62.0%), from €2,172 to €825
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 | €101,856 | €203,700 | +€101,844 | +100.0% |
| Fixed assets | 21/28 | €3,387 | €779 | -€2,607 | -77.0% |
| Tangible fixed assets | 22/27 | €3,387 | €779 | -€2,607 | -77.0% |
| Furniture and vehicles | 24 | €3,387 | €779 | -€2,607 | -77.0% |
| Current assets | 29/58 | €98,470 | €202,921 | +€104,451 | +106% |
| Amounts receivable within one year | 40/41 | €95,686 | €181,753 | +€86,067 | +89.9% |
| Trade receivables | 40 | €63,173 | €136,277 | +€73,104 | +116% |
| Other amounts receivable | 41 | €32,513 | €45,476 | +€12,963 | +39.9% |
| Cash at bank and in hand | 54/58 | €2,784 | €20,861 | +€18,078 | +649% |
| Deferred charges and accrued income | 490/1 | - | €306 | +€306 | |
| Total equity and liabilities | 10/49 | €101,856 | €203,700 | +€101,844 | +100.0% |
| Equity | 10/15 | €57,814 | €107,694 | +€49,880 | +86.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,814 | €106,694 | +€49,880 | +87.8% |
| Amounts payable | 17/49 | €44,042 | €96,006 | +€51,964 | +118% |
| Amounts payable within one year | 42/48 | €41,957 | €95,994 | +€54,037 | +129% |
| Trade debts | 44 | €18,002 | €84,914 | +€66,912 | +372% |
| Suppliers | 440/4 | €18,002 | €84,914 | +€66,912 | +372% |
| Taxes, remuneration and social security | 45 | €23,955 | €11,080 | -€12,875 | -53.7% |
| Taxes | 450/3 | €17,218 | €3,659 | -€13,559 | -78.7% |
| Remuneration and social security | 454/9 | €6,736 | €7,421 | +€685 | +10.2% |
| Accrued charges and deferred income | 492/3 | €2,085 | €12 | -€2,073 | -99.4% |
| Remuneration, social security and pensions | 62 | - | €2,834 | +€2,834 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,607 | €2,607 | = | 0.0% |
| Other operating charges | 640/8 | €2,172 | €825 | -€1,347 | -62.0% |
| Gross operating margin | 9900 | -€35,364 | €58,399 | +€93,763 | |
| Operating profit (loss) | 9901 | -€40,143 | €52,133 | +€92,276 | |
| Financial income | 75/76B | €1,407 | €1,639 | +€232 | +16.5% |
| Recurring financial income | 75 | €1,407 | €1,639 | +€232 | +16.5% |
| Financial charges | 65/66B | €223 | €233 | +€10 | +4.3% |
| Recurring financial charges | 65 | €223 | €233 | +€10 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | -€38,959 | €53,539 | +€92,498 | |
| Income taxes | 67/77 | - | €3,659 | +€3,659 | |
| Profit (loss) for the period | 9904 | -€38,959 | €49,880 | +€88,839 | |
| Profit (loss) for the period to be appropriated | 9905 | -€38,959 | €49,880 | +€88,839 |
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 17 October 2026 via checked.be.