AS²: 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.
AS²
Largest movements
- Cash +€6,074
up €6,074 (+53.3%), from €11,394 to €17,468
mainly Net result for the year (+€9,814) and Trade debts (+€1,126)
- Receivables within one year +€3,064
up €3,064 (+50.7%), from €6,041 to €9,104
of which Trade receivables: +€3,062
- Deferred charges and accrued income +€426
up €426 (+16.9%), from €2,519 to €2,945
- Profit (loss) carried forward +€9,814
up €9,814 (+105%), from €9,307 to €19,120
- Other debts -€1,385
down €1,385 (-84.5%), from €1,640 to €255
- Trade debts +€1,126
up €1,126 (+41.3%), from €2,723 to €3,849
- Turnover +€7,440
up €7,440 (+11.4%), from €65,534 to €72,974
- Gross operating margin +€6,230
up €6,230 (+54.2%), from €11,492 to €17,722
- Write-downs +€1,688
new in 2025: €1,688
- Purchases and services +€1,081
up €1,081 (+1.9%), from €56,368 to €57,449
- Taxes +€901
up €901 (+42.9%), from €2,099 to €3,000
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 | €21,606 | €31,001 | +€9,395 | +43.5% |
| Fixed assets | 21/28 | €1,653 | €1,483 | -€169 | -10.2% |
| Tangible fixed assets | 22/27 | €1,653 | €1,483 | -€169 | -10.2% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €1,653 | €1,483 | -€169 | -10.2% |
| Current assets | 29/58 | €19,954 | €29,517 | +€9,564 | +47.9% |
| Amounts receivable within one year | 40/41 | €6,041 | €9,104 | +€3,064 | +50.7% |
| Trade receivables | 40 | €4,141 | €7,202 | +€3,062 | +73.9% |
| Other amounts receivable | 41 | €1,900 | €1,902 | +€2 | +0.1% |
| Cash at bank and in hand | 54/58 | €11,394 | €17,468 | +€6,074 | +53.3% |
| Deferred charges and accrued income | 490/1 | €2,519 | €2,945 | +€426 | +16.9% |
| Total equity and liabilities | 10/49 | €21,606 | €31,001 | +€9,395 | +43.5% |
| Equity | 10/15 | €14,307 | €24,120 | +€9,814 | +68.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,307 | €19,120 | +€9,814 | +105% |
| Amounts payable | 17/49 | €7,300 | €6,881 | -€419 | -5.7% |
| Amounts payable within one year | 42/48 | €7,300 | €6,881 | -€419 | -5.7% |
| Trade debts | 44 | €2,723 | €3,849 | +€1,126 | +41.3% |
| Suppliers | 440/4 | €2,723 | €3,849 | +€1,126 | +41.3% |
| Taxes, remuneration and social security | 45 | €2,937 | €2,778 | -€159 | -5.4% |
| Taxes | 450/3 | €2,937 | €2,778 | -€159 | -5.4% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €1,640 | €255 | -€1,385 | -84.5% |
| Turnover | 70 | €65,534 | €72,974 | +€7,440 | +11.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €56,368 | €57,449 | +€1,081 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40 | €169 | +€129 | +326% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,688 | +€1,688 | |
| Other operating charges | 640/8 | €1,700 | €1,653 | -€48 | -2.8% |
| Gross operating margin | 9900 | €11,492 | €17,722 | +€6,230 | +54.2% |
| Operating profit (loss) | 9901 | €9,752 | €14,212 | +€4,461 | +45.7% |
| Financial income | 75/76B | - | €14 | +€14 | |
| Recurring financial income | 75 | - | €14 | +€14 | |
| Financial charges | 65/66B | €1,351 | €1,412 | +€61 | +4.5% |
| Recurring financial charges | 65 | €1,351 | €1,412 | +€61 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | €8,401 | €12,814 | +€4,413 | +52.5% |
| Income taxes | 67/77 | €2,099 | €3,000 | +€901 | +42.9% |
| Profit (loss) for the period | 9904 | €6,302 | €9,814 | +€3,512 | +55.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,302 | €9,814 | +€3,512 | +55.7% |
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 19 October 2026 via checked.be.