BACKBONE: 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.
BACKBONE
Largest movements
- Cash +€9,908
up €9,908 (+22.3%), from €44,526 to €54,434
mainly Net result for the year (+€51,235) and Depreciation (+€12,150)
- Tangible fixed assets -€6,953
down €6,953 (-50.3%), from €13,815 to €6,862
of which Furniture and vehicles: -€6,092
- Receivables within one year +€4,373
up €4,373 (+8.4%), from €52,063 to €56,437
of which Trade receivables: +€7,761
- Reserves +€51,235
up €51,235 (+17.1%), from €300,299 to €351,534
- Other debts -€41,399
no longer reported in 2025 (was €41,399)
- Purchases and services -€162,173
no longer reported in 2025 (was €162,173)
- Gross operating margin +€21,748
up €21,748 (+6.4%), from €339,124 to €360,872
- Staff costs +€6,112
up €6,112 (+2.2%), from €276,366 to €282,478
- Taxes +€4,198
up €4,198 (+25.3%), from €16,612 to €20,810
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 | €364,830 | €374,011 | +€9,181 | +2.5% |
| Fixed assets | 21/28 | €13,815 | €6,862 | -€6,953 | -50.3% |
| Tangible fixed assets | 22/27 | €13,815 | €6,862 | -€6,953 | -50.3% |
| Plant, machinery and equipment | 23 | €2,253 | €1,392 | -€861 | -38.2% |
| Furniture and vehicles | 24 | €11,561 | €5,470 | -€6,092 | -52.7% |
| Current assets | 29/58 | €351,016 | €367,149 | +€16,134 | +4.6% |
| Amounts receivable within one year | 40/41 | €52,063 | €56,437 | +€4,373 | +8.4% |
| Trade receivables | 40 | €48,675 | €56,437 | +€7,761 | +15.9% |
| Other amounts receivable | 41 | €3,388 | - | -€3,388 | |
| Current investments | 50/53 | €250,000 | €250,774 | +€774 | +0.3% |
| Cash at bank and in hand | 54/58 | €44,526 | €54,434 | +€9,908 | +22.3% |
| Deferred charges and accrued income | 490/1 | €4,427 | €5,504 | +€1,078 | +24.3% |
| Total equity and liabilities | 10/49 | €364,830 | €374,011 | +€9,181 | +2.5% |
| Equity | 10/15 | €320,299 | €371,534 | +€51,235 | +16.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €300,299 | €351,534 | +€51,235 | +17.1% |
| Distributable reserves | 133 | €300,299 | €351,534 | +€51,235 | +17.1% |
| Amounts payable | 17/49 | €44,531 | €2,477 | -€42,054 | -94.4% |
| Amounts payable within one year | 42/48 | €42,713 | €1,293 | -€41,420 | -97.0% |
| Trade debts | 44 | €445 | €301 | -€144 | -32.3% |
| Suppliers | 440/4 | €445 | €301 | -€144 | -32.3% |
| Taxes, remuneration and social security | 45 | €869 | €992 | +€123 | +14.1% |
| Taxes | 450/3 | €869 | €992 | +€123 | +14.1% |
| Other amounts payable | 47/48 | €41,399 | - | -€41,399 | |
| Accrued charges and deferred income | 492/3 | €1,818 | €1,184 | -€634 | -34.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €162,173 | - | -€162,173 | |
| Remuneration, social security and pensions | 62 | €276,366 | €282,478 | +€6,112 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,511 | €12,150 | +€1,639 | +15.6% |
| Other operating charges | 640/8 | €2,975 | €2,693 | -€282 | -9.5% |
| Gross operating margin | 9900 | €339,124 | €360,872 | +€21,748 | +6.4% |
| Operating profit (loss) | 9901 | €49,271 | €63,551 | +€14,280 | +29.0% |
| Financial income | 75/76B | €7,390 | €8,616 | +€1,226 | +16.6% |
| Recurring financial income | 75 | €7,390 | €8,616 | +€1,226 | +16.6% |
| Financial charges | 65/66B | €131 | €122 | -€9 | -7.0% |
| Recurring financial charges | 65 | €131 | €122 | -€9 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €56,530 | €72,045 | +€15,515 | +27.4% |
| Income taxes | 67/77 | €16,612 | €20,810 | +€4,198 | +25.3% |
| Profit (loss) for the period | 9904 | €39,918 | €51,235 | +€11,317 | +28.4% |
| Profit (loss) for the period to be appropriated | 9905 | €39,918 | €51,235 | +€11,317 | +28.4% |
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 15 October 2026 via checked.be.