Backdrop Event: 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.
Backdrop Event
Largest movements
- Cash +€20,405
up €20,405 (+499%), from €4,093 to €24,498
mainly Other debts (+€39,881) and Net result for the year (+€16,758)
- Receivables within one year +€6,684
up €6,684 (+38.1%), from €17,526 to €24,209
of which Other amounts receivable: +€3,759
- Tangible fixed assets +€2,385
up €2,385 (+20.4%), from €11,673 to €14,058
of which Plant, machinery and equipment: +€2,332
- Deferred charges and accrued income +€785
up €785 (+111%), from €706 to €1,491
- Other debts +€39,881
new in 2025: €39,881
- Reserves -€35,750
down €35,750 (-100%), from €35,750 to €0
- Profit (loss) carried forward +€16,758
up €16,758, from -€11,308 to €5,450
- Tax, wage and social debts +€11,199
up €11,199 (+470%), from €2,380 to €13,579
- Current portion of long-term debt -€2,062
down €2,062 (-100%), from €2,062 to €0
- Gross operating margin +€17,262
up €17,262 (+151%), from €11,432 to €28,694
- Taxes +€7,831
up €7,831 (+1,137%), from €689 to €8,520
- Depreciation -€1,812
down €1,812 (-39.4%), from €4,602 to €2,790
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 | €33,998 | €64,257 | +€30,259 | +89.0% |
| Fixed assets | 21/28 | €11,673 | €14,058 | +€2,385 | +20.4% |
| Tangible fixed assets | 22/27 | €11,673 | €14,058 | +€2,385 | +20.4% |
| Plant, machinery and equipment | 23 | - | €2,332 | +€2,332 | |
| Furniture and vehicles | 24 | €3,330 | €4,563 | +€1,234 | +37.1% |
| Other tangible fixed assets | 26 | €8,344 | €7,162 | -€1,181 | -14.2% |
| Current assets | 29/58 | €22,324 | €50,198 | +€27,874 | +125% |
| Amounts receivable within one year | 40/41 | €17,526 | €24,209 | +€6,684 | +38.1% |
| Trade receivables | 40 | €3,921 | €6,846 | +€2,925 | +74.6% |
| Other amounts receivable | 41 | €13,604 | €17,363 | +€3,759 | +27.6% |
| Cash at bank and in hand | 54/58 | €4,093 | €24,498 | +€20,405 | +499% |
| Deferred charges and accrued income | 490/1 | €706 | €1,491 | +€785 | +111% |
| Total equity and liabilities | 10/49 | €33,998 | €64,257 | +€30,259 | +89.0% |
| Equity | 10/15 | €26,942 | €7,950 | -€18,992 | -70.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €35,750 | €0 | -€35,750 | -100% |
| Distributable reserves | 133 | €35,750 | €0 | -€35,750 | -100% |
| Profit (loss) carried forward | 14 | -€11,308 | €5,450 | +€16,758 | |
| Amounts payable | 17/49 | €7,056 | €56,307 | +€49,251 | +698% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €7,056 | €56,307 | +€49,251 | +698% |
| Current portion of amounts payable after more than one year | 42 | €2,062 | €0 | -€2,062 | -100% |
| Trade debts | 44 | €2,613 | €2,847 | +€234 | +9.0% |
| Suppliers | 440/4 | €2,613 | €2,847 | +€234 | +9.0% |
| Taxes, remuneration and social security | 45 | €2,380 | €13,579 | +€11,199 | +470% |
| Taxes | 450/3 | €2,380 | €13,579 | +€11,199 | +470% |
| Other amounts payable | 47/48 | - | €39,881 | +€39,881 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,602 | €2,790 | -€1,812 | -39.4% |
| Other operating charges | 640/8 | €1,065 | €1,166 | +€101 | +9.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €11,432 | €28,694 | +€17,262 | +151% |
| Operating profit (loss) | 9901 | €5,765 | €24,738 | +€18,973 | +329% |
| Financial income | 75/76B | €614 | €758 | +€145 | +23.6% |
| Recurring financial income | 75 | €614 | €758 | +€145 | +23.6% |
| Financial charges | 65/66B | €257 | €219 | -€37 | -14.5% |
| Recurring financial charges | 65 | €257 | €219 | -€37 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €6,122 | €25,277 | +€19,155 | +313% |
| Income taxes | 67/77 | €689 | €8,520 | +€7,831 | +1,137% |
| Profit (loss) for the period | 9904 | €5,433 | €16,758 | +€11,324 | +208% |
| Profit (loss) for the period to be appropriated | 9905 | €5,433 | €16,758 | +€11,324 | +208% |
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.