Better Together: 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.
Better Together
Largest movements
- Cash +€64,847
up €64,847 (+12.2%), from €529,410 to €594,257
mainly Net result for the year (+€98,395) and Tax, wage and social debts (+€34,948)
- Deferred charges and accrued income +€13,363
up €13,363 (+55.9%), from €23,900 to €37,263
- Reserves +€98,395
up €98,395 (+229%), from €42,886 to €141,282
- Trade debts -€35,931
down €35,931 (-10.6%), from €339,178 to €303,248
- Tax, wage and social debts +€34,948
up €34,948 (+194%), from €18,049 to €52,997
of which Taxes: +€20,521
- Accrued charges and deferred income -€23,916
down €23,916 (-9.0%), from €266,909 to €242,993
- Gross operating margin +€187,526
up €187,526 (+157%), from €119,102 to €306,627
- Staff costs +€122,511
up €122,511 (+230%), from €53,369 to €175,879
- Taxes +€16,793
up €16,793 (+145%), from €11,594 to €28,387
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 | €673,943 | €748,073 | +€74,130 | +11.0% |
| Fixed assets | 21/28 | €841 | €305 | -€536 | -63.8% |
| Tangible fixed assets | 22/27 | €841 | €305 | -€536 | -63.8% |
| Plant, machinery and equipment | 23 | €841 | €305 | -€536 | -63.8% |
| Current assets | 29/58 | €673,103 | €747,769 | +€74,666 | +11.1% |
| Amounts receivable within one year | 40/41 | €119,793 | €116,248 | -€3,544 | -3.0% |
| Trade receivables | 40 | €81,006 | €65,811 | -€15,195 | -18.8% |
| Other amounts receivable | 41 | €38,786 | €50,437 | +€11,651 | +30.0% |
| Cash at bank and in hand | 54/58 | €529,410 | €594,257 | +€64,847 | +12.2% |
| Deferred charges and accrued income | 490/1 | €23,900 | €37,263 | +€13,363 | +55.9% |
| Total equity and liabilities | 10/49 | €673,943 | €748,073 | +€74,130 | +11.0% |
| Equity | 10/15 | €48,886 | €147,282 | +€98,395 | +201% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €42,886 | €141,282 | +€98,395 | +229% |
| Distributable reserves | 133 | €42,886 | €141,282 | +€98,395 | +229% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €625,057 | €600,792 | -€24,266 | -3.9% |
| Amounts payable within one year | 42/48 | €358,148 | €357,799 | -€349 | -0.1% |
| Trade debts | 44 | €339,178 | €303,248 | -€35,931 | -10.6% |
| Suppliers | 440/4 | €339,178 | €303,248 | -€35,931 | -10.6% |
| Taxes, remuneration and social security | 45 | €18,049 | €52,997 | +€34,948 | +194% |
| Taxes | 450/3 | €11,936 | €32,457 | +€20,521 | +172% |
| Remuneration and social security | 454/9 | €6,112 | €20,540 | +€14,427 | +236% |
| Other amounts payable | 47/48 | €921 | €1,554 | +€633 | +68.7% |
| Accrued charges and deferred income | 492/3 | €266,909 | €242,993 | -€23,916 | -9.0% |
| Remuneration, social security and pensions | 62 | €53,369 | €175,879 | +€122,511 | +230% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €536 | €536 | = | 0.0% |
| Other operating charges | 640/8 | €735 | €1,365 | +€630 | +85.6% |
| Gross operating margin | 9900 | €119,102 | €306,627 | +€187,526 | +157% |
| Operating profit (loss) | 9901 | €64,461 | €128,846 | +€64,385 | +99.9% |
| Financial income | 75/76B | €89 | €86 | -€3 | -3.2% |
| Recurring financial income | 75 | €89 | €86 | -€3 | -3.2% |
| Financial charges | 65/66B | €770 | €2,151 | +€1,381 | +179% |
| Recurring financial charges | 65 | €770 | €2,151 | +€1,381 | +179% |
| Profit (loss) for the period before taxes | 9903 | €63,781 | €126,782 | +€63,002 | +98.8% |
| Income taxes | 67/77 | €11,594 | €28,387 | +€16,793 | +145% |
| Profit (loss) for the period | 9904 | €52,187 | €98,395 | +€46,209 | +88.5% |
| Profit (loss) for the period to be appropriated | 9905 | €52,187 | €98,395 | +€46,209 | +88.5% |
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 27 October 2026 via checked.be.