AUTHENTITY: 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.
AUTHENTITY
Largest movements
- Receivables within one year +€8,822
up €8,822 (+615.5%), from €1,433 to €10,255
of which Trade receivables: +€10,255
- Cash +€3,599
up €3,599 (+35.2%), from €10,218 to €13,816
mainly Other debts (+€8,176) and Net result for the year (+€4,013)
- Current investments +€2,576
up €2,576 (+5.7%), from €45,079 to €47,656
- Other debts +€8,176
new in 2025: €8,176
- Reserves +€4,013
up €4,013 (+10.2%), from €39,454 to €43,467
- Tax, wage and social debts +€2,815
up €2,815 (+22.5%), from €12,493 to €15,308
of which Remuneration and social security: +€2,359
- Gross operating margin -€15,937
down €15,937 (-68.9%), from €23,131 to €7,194
- Taxes -€2,587
down €2,587 (-49.9%), from €5,180 to €2,593
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 | €56,730 | €71,727 | +€14,997 | +26.4% |
| Current assets | 29/58 | €56,730 | €71,727 | +€14,997 | +26.4% |
| Amounts receivable within one year | 40/41 | €1,433 | €10,255 | +€8,822 | +615.5% |
| Trade receivables | 40 | €0 | €10,255 | +€10,255 | |
| Other amounts receivable | 41 | €1,433 | €0 | -€1,433 | -100.0% |
| Current investments | 50/53 | €45,079 | €47,656 | +€2,576 | +5.7% |
| Cash at bank and in hand | 54/58 | €10,218 | €13,816 | +€3,599 | +35.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €56,730 | €71,727 | +€14,997 | +26.4% |
| Equity | 10/15 | €42,454 | €46,467 | +€4,013 | +9.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €39,454 | €43,467 | +€4,013 | +10.2% |
| Distributable reserves | 133 | €39,454 | €43,467 | +€4,013 | +10.2% |
| Amounts payable | 17/49 | €14,275 | €25,259 | +€10,984 | +76.9% |
| Amounts payable within one year | 42/48 | €14,275 | €25,259 | +€10,984 | +76.9% |
| Trade debts | 44 | €1,782 | €1,775 | -€7 | -0.4% |
| Suppliers | 440/4 | €1,782 | €1,775 | -€7 | -0.4% |
| Taxes, remuneration and social security | 45 | €12,493 | €15,308 | +€2,815 | +22.5% |
| Taxes | 450/3 | €12,493 | €12,949 | +€455 | +3.6% |
| Remuneration and social security | 454/9 | - | €2,359 | +€2,359 | |
| Other amounts payable | 47/48 | - | €8,176 | +€8,176 | |
| Other operating charges | 640/8 | €603 | €520 | -€83 | -13.8% |
| Gross operating margin | 9900 | €23,131 | €7,194 | -€15,937 | -68.9% |
| Operating profit (loss) | 9901 | €22,529 | €6,675 | -€15,854 | -70.4% |
| Financial income | 75/76B | €14 | €4 | -€10 | -72.6% |
| Recurring financial income | 75 | €14 | €4 | -€10 | -72.6% |
| Financial charges | 65/66B | €59 | €72 | +€14 | +23.1% |
| Recurring financial charges | 65 | €59 | €72 | +€14 | +23.1% |
| Profit (loss) for the period before taxes | 9903 | €22,484 | €6,606 | -€15,878 | -70.6% |
| Income taxes | 67/77 | €5,180 | €2,593 | -€2,587 | -49.9% |
| Profit (loss) for the period | 9904 | €17,304 | €4,013 | -€13,291 | -76.8% |
| Profit (loss) for the period to be appropriated | 9905 | €17,304 | €4,013 | -€13,291 | -76.8% |
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 9 October 2026 via checked.be.