BASIC ITALIAN: 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.
BASIC ITALIAN
Largest movements
- Receivables within one year +€1,383
up €1,383 (+2.2%), from €63,745 to €65,128
of which Other amounts receivable: +€1,383
- Profit (loss) carried forward +€1,599
up €1,599 (+4.9%), from €32,449 to €34,048
- Gross operating margin +€510
up €510 (+21.6%), from €2,357 to €2,867
- Financial charges -€176
down €176 (-21.3%), from €825 to €649
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 | €77,268 | €78,867 | +€1,599 | +2.1% |
| Fixed assets | 21/28 | €12,799 | €12,799 | = | 0.0% |
| Financial fixed assets | 28 | €12,799 | €12,799 | = | 0.0% |
| Current assets | 29/58 | €64,469 | €66,068 | +€1,599 | +2.5% |
| Amounts receivable within one year | 40/41 | €63,745 | €65,128 | +€1,383 | +2.2% |
| Trade receivables | 40 | €2,562 | €2,562 | = | 0.0% |
| Other amounts receivable | 41 | €61,184 | €62,567 | +€1,383 | +2.3% |
| Cash at bank and in hand | 54/58 | €724 | €939 | +€216 | +29.8% |
| Total equity and liabilities | 10/49 | €77,268 | €78,867 | +€1,599 | +2.1% |
| Equity | 10/15 | €72,626 | €74,225 | +€1,599 | +2.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21,577 | €21,577 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €19,717 | €19,717 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,449 | €34,048 | +€1,599 | +4.9% |
| Amounts payable | 17/49 | €4,642 | €4,642 | = | 0.0% |
| Amounts payable within one year | 42/48 | €4,642 | €4,642 | = | 0.0% |
| Trade debts | 44 | €4,642 | €4,642 | = | 0.0% |
| Suppliers | 440/4 | €4,642 | €4,642 | = | 0.0% |
| Other operating charges | 640/8 | €603 | €619 | +€16 | +2.7% |
| Gross operating margin | 9900 | €2,357 | €2,867 | +€510 | +21.6% |
| Operating profit (loss) | 9901 | €1,754 | €2,248 | +€494 | +28.1% |
| Financial charges | 65/66B | €825 | €649 | -€176 | -21.3% |
| Recurring financial charges | 65 | €825 | €649 | -€176 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | €930 | €1,599 | +€669 | +72.0% |
| Profit (loss) for the period | 9904 | €930 | €1,599 | +€669 | +72.0% |
| Profit (loss) for the period to be appropriated | 9905 | €930 | €1,599 | +€669 | +72.0% |
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 16 October 2026 via checked.be.