AUDIT & EXPERTISE: 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.
AUDIT & EXPERTISE
Largest movements
- Tangible fixed assets +€45,711
new in 2025: €45,711
- Cash +€16,666
up €16,666 (+568%), from €2,936 to €19,602
mainly Trade debts (+€47,957) and Net result for the year (+€47,445)
- Deferred charges and accrued income +€3,791
up €3,791 (+607%), from €625 to €4,416
- Receivables within one year -€3,039
down €3,039 (-36.4%), from €8,359 to €5,320
of which Trade receivables: -€2,919
- Trade debts +€47,957
up €47,957 (+39,084%), from €123 to €48,079
- Reserves +€46,612
up €46,612 (+90,315%), from €52 to €46,663
of which Tax-exempt reserves: +€33,680
- Debts after one year -€27,827
down €27,827 (-25.0%), from €111,308 to €83,481
- Tax, wage and social debts -€3,563
down €3,563 (-47.5%), from €7,498 to €3,935
- Financial income +€34,642
new in 2025: €34,642
- Gross operating margin +€19,494
up €19,494 (+935%), from €2,085 to €21,578
- Financial charges +€4,081
up €4,081 (+625%), from €653 to €4,734
- Taxes +€3,739
up €3,739 (+1,232%), from €304 to €4,042
- Other operating charges -€218
no longer reported in 2025 (was €218)
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 | €151,054 | €214,184 | +€63,130 | +41.8% |
| Fixed assets | 21/28 | €139,135 | €184,846 | +€45,711 | +32.9% |
| Tangible fixed assets | 22/27 | - | €45,711 | +€45,711 | |
| Furniture and vehicles | 24 | - | €45,711 | +€45,711 | |
| Financial fixed assets | 28 | €139,135 | €139,135 | = | 0.0% |
| Current assets | 29/58 | €11,919 | €29,338 | +€17,419 | +146% |
| Amounts receivable within one year | 40/41 | €8,359 | €5,320 | -€3,039 | -36.4% |
| Trade receivables | 40 | €8,239 | €5,320 | -€2,919 | -35.4% |
| Other amounts receivable | 41 | €120 | - | -€120 | |
| Cash at bank and in hand | 54/58 | €2,936 | €19,602 | +€16,666 | +568% |
| Deferred charges and accrued income | 490/1 | €625 | €4,416 | +€3,791 | +607% |
| Total equity and liabilities | 10/49 | €151,054 | €214,184 | +€63,130 | +41.8% |
| Equity | 10/15 | €3,052 | €49,663 | +€46,612 | +1,527% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €52 | €46,663 | +€46,612 | +90,315% |
| Tax-exempt reserves | 132 | - | €33,680 | +€33,680 | |
| Distributable reserves | 133 | €52 | €12,983 | +€12,932 | +25,057% |
| Amounts payable | 17/49 | €148,002 | €164,521 | +€16,518 | +11.2% |
| Amounts payable after more than one year | 17 | €111,308 | €83,481 | -€27,827 | -25.0% |
| Financial debts | 170/4 | €111,308 | €83,481 | -€27,827 | -25.0% |
| Amounts payable within one year | 42/48 | €36,307 | €80,674 | +€44,368 | +122% |
| Current portion of amounts payable after more than one year | 42 | €27,827 | €27,827 | = | 0.0% |
| Trade debts | 44 | €123 | €48,079 | +€47,957 | +39,084% |
| Suppliers | 440/4 | €123 | €48,079 | +€47,957 | +39,084% |
| Taxes, remuneration and social security | 45 | €7,498 | €3,935 | -€3,563 | -47.5% |
| Taxes | 450/3 | €7,498 | €3,935 | -€3,563 | -47.5% |
| Other amounts payable | 47/48 | €859 | €833 | -€26 | -3.0% |
| Accrued charges and deferred income | 492/3 | €388 | €366 | -€22 | -5.7% |
| Other operating charges | 640/8 | €218 | - | -€218 | |
| Gross operating margin | 9900 | €2,085 | €21,578 | +€19,494 | +935% |
| Operating profit (loss) | 9901 | €1,867 | €21,578 | +€19,711 | +1,056% |
| Financial income | 75/76B | - | €34,642 | +€34,642 | |
| Recurring financial income | 75 | - | €34,642 | +€34,642 | |
| Financial charges | 65/66B | €653 | €4,734 | +€4,081 | +625% |
| Recurring financial charges | 65 | €653 | €4,734 | +€4,081 | +625% |
| Profit (loss) for the period before taxes | 9903 | €1,214 | €51,487 | +€50,273 | +4,141% |
| Income taxes | 67/77 | €304 | €4,042 | +€3,739 | +1,232% |
| Profit (loss) for the period | 9904 | €911 | €47,445 | +€46,534 | +5,110% |
| Transfer to tax-exempt reserves | 689 | - | €33,680 | +€33,680 | |
| Profit (loss) for the period to be appropriated | 9905 | €911 | €13,765 | +€12,854 | +1,412% |
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 27 October 2026 via checked.be.