Best Trade: 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.
Best Trade
Largest movements
- Cash +€245,658
up €245,658 (+430%), from €57,085 to €302,743
mainly Net result for the year (+€380,495) and Trade debts (+€148,693)
- Stocks and contracts +€111,299
up €111,299 (+55.3%), from €201,283 to €312,581
- Receivables within one year +€89,765
up €89,765 (+31.4%), from €286,192 to €375,957
of which Trade receivables: +€73,936
- Tangible fixed assets -€35,377
down €35,377 (-22.5%), from €157,069 to €121,692
- Trade debts +€148,693
up €148,693 (+145%), from €102,252 to €250,944
- Tax, wage and social debts +€106,054
up €106,054 (+6,546%), from €1,620 to €107,674
- Other debts +€94,525
up €94,525 (+34.2%), from €276,649 to €371,174
- Profit (loss) carried forward +€80,495
up €80,495 (+100%), from €80,372 to €160,867
- Debts after one year -€17,904
down €17,904 (-20.8%), from €86,048 to €68,144
- Gross operating margin +€300,058
up €300,058 (+115%), from €260,613 to €560,671
- Taxes +€119,434
up €119,434 (+719%), from €16,620 to €136,054
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 | €706,926 | €1,118,546 | +€411,620 | +58.2% |
| Fixed assets | 21/28 | €157,204 | €121,827 | -€35,377 | -22.5% |
| Tangible fixed assets | 22/27 | €157,069 | €121,692 | -€35,377 | -22.5% |
| Land and buildings | 22 | €107,800 | €92,439 | -€15,361 | -14.2% |
| Plant, machinery and equipment | 23 | €5,200 | €147 | -€5,052 | -97.2% |
| Furniture and vehicles | 24 | €44,070 | €29,106 | -€14,964 | -34.0% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €549,722 | €996,719 | +€446,997 | +81.3% |
| Stocks and contracts in progress | 3 | €201,283 | €312,581 | +€111,299 | +55.3% |
| Stocks | 30/36 | €201,283 | €312,581 | +€111,299 | +55.3% |
| Amounts receivable within one year | 40/41 | €286,192 | €375,957 | +€89,765 | +31.4% |
| Trade receivables | 40 | €235,515 | €309,451 | +€73,936 | +31.4% |
| Other amounts receivable | 41 | €50,677 | €66,506 | +€15,829 | +31.2% |
| Current investments | 50/53 | €3,644 | €3,644 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €57,085 | €302,743 | +€245,658 | +430% |
| Deferred charges and accrued income | 490/1 | €1,518 | €1,793 | +€275 | +18.1% |
| Total equity and liabilities | 10/49 | €706,926 | €1,118,546 | +€411,620 | +58.2% |
| Equity | 10/15 | €199,832 | €280,327 | +€80,495 | +40.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €100,860 | €100,860 | = | 0.0% |
| Distributable reserves | 133 | €100,860 | €100,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €80,372 | €160,867 | +€80,495 | +100% |
| Amounts payable | 17/49 | €507,095 | €838,220 | +€331,125 | +65.3% |
| Amounts payable after more than one year | 17 | €86,048 | €68,144 | -€17,904 | -20.8% |
| Financial debts | 170/4 | €86,048 | €68,144 | -€17,904 | -20.8% |
| Amounts payable within one year | 42/48 | €420,605 | €770,076 | +€349,470 | +83.1% |
| Current portion of amounts payable after more than one year | 42 | €40,085 | €40,284 | +€199 | +0.5% |
| Trade debts | 44 | €102,252 | €250,944 | +€148,693 | +145% |
| Suppliers | 440/4 | €102,252 | €250,944 | +€148,693 | +145% |
| Taxes, remuneration and social security | 45 | €1,620 | €107,674 | +€106,054 | +6,546% |
| Taxes | 450/3 | €1,620 | €107,674 | +€106,054 | +6,546% |
| Other amounts payable | 47/48 | €276,649 | €371,174 | +€94,525 | +34.2% |
| Accrued charges and deferred income | 492/3 | €442 | - | -€442 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,911 | €35,377 | -€534 | -1.5% |
| Other operating charges | 640/8 | €5,009 | €6,318 | +€1,309 | +26.1% |
| Gross operating margin | 9900 | €260,613 | €560,671 | +€300,058 | +115% |
| Operating profit (loss) | 9901 | €219,693 | €518,976 | +€299,283 | +136% |
| Financial income | 75/76B | €782 | €30 | -€752 | -96.1% |
| Recurring financial income | 75 | €782 | €30 | -€752 | -96.1% |
| Financial charges | 65/66B | €3,994 | €2,457 | -€1,537 | -38.5% |
| Recurring financial charges | 65 | €3,994 | €2,457 | -€1,537 | -38.5% |
| Profit (loss) for the period before taxes | 9903 | €216,481 | €516,549 | +€300,068 | +139% |
| Income taxes | 67/77 | €16,620 | €136,054 | +€119,434 | +719% |
| Profit (loss) for the period | 9904 | €199,861 | €380,495 | +€180,634 | +90.4% |
| Profit (loss) for the period to be appropriated | 9905 | €199,861 | €380,495 | +€180,634 | +90.4% |
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 25 October 2026 via checked.be.