BETWEEN: 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.
BETWEEN
Largest movements
- Cash +€34,574
up €34,574 (+270%), from €12,812 to €47,386
mainly Receivables after one year (+€11,000) and Net result for the year (+€6,035)
- Receivables after one year -€11,000
down €11,000 (-19.3%), from €57,000 to €46,000
- Receivables within one year -€2,856
down €2,856 (-55.0%), from €5,194 to €2,338
of which Trade receivables: -€2,692
- Tangible fixed assets -€1,084
down €1,084 (-55.5%), from €1,953 to €869
of which Furniture and vehicles: -€1,084
- Profit (loss) carried forward +€6,035
up €6,035 (+39.3%), from -€15,358 to -€9,323
- Other debts +€6,000
up €6,000 (+1,423%), from €422 to €6,422
- Tax, wage and social debts +€4,224
new in 2025: €4,224
- Trade debts +€3,374
up €3,374 (+169%), from €1,997 to €5,371
- Purchases and services -€48,755
down €48,755 (-30.2%), from €161,493 to €112,738
- Turnover -€27,834
down €27,834 (-18.9%), from €146,997 to €119,163
- Gross operating margin +€20,920
up €20,920, from -€14,496 to €6,424
- Depreciation -€1,502
down €1,502 (-58.1%), from €2,586 to €1,084
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 | €80,061 | €99,694 | +€19,634 | +24.5% |
| Fixed assets | 21/28 | €3,849 | €2,765 | -€1,084 | -28.2% |
| Tangible fixed assets | 22/27 | €1,953 | €869 | -€1,084 | -55.5% |
| Furniture and vehicles | 24 | €1,953 | €869 | -€1,084 | -55.5% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €1,896 | €1,896 | = | 0.0% |
| Current assets | 29/58 | €76,211 | €96,929 | +€20,718 | +27.2% |
| Amounts receivable after more than one year | 29 | €57,000 | €46,000 | -€11,000 | -19.3% |
| Other amounts receivable | 291 | €57,000 | €46,000 | -€11,000 | -19.3% |
| Amounts receivable within one year | 40/41 | €5,194 | €2,338 | -€2,856 | -55.0% |
| Trade receivables | 40 | €4,870 | €2,178 | -€2,692 | -55.3% |
| Other amounts receivable | 41 | €324 | €160 | -€164 | -50.7% |
| Cash at bank and in hand | 54/58 | €12,812 | €47,386 | +€34,574 | +270% |
| Deferred charges and accrued income | 490/1 | €1,205 | €1,205 | = | 0.0% |
| Total equity and liabilities | 10/49 | €80,061 | €99,694 | +€19,634 | +24.5% |
| Equity | 10/15 | €44,642 | €50,677 | +€6,035 | +13.5% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,358 | -€9,323 | +€6,035 | +39.3% |
| Amounts payable | 17/49 | €35,419 | €49,017 | +€13,598 | +38.4% |
| Amounts payable after more than one year | 17 | €33,000 | €33,000 | = | 0.0% |
| Financial debts | 170/4 | €33,000 | €33,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,419 | €16,017 | +€13,598 | +562% |
| Trade debts | 44 | €1,997 | €5,371 | +€3,374 | +169% |
| Suppliers | 440/4 | €1,997 | €5,371 | +€3,374 | +169% |
| Taxes, remuneration and social security | 45 | - | €4,224 | +€4,224 | |
| Taxes | 450/3 | - | €4,224 | +€4,224 | |
| Other amounts payable | 47/48 | €422 | €6,422 | +€6,000 | +1,423% |
| Turnover | 70 | €146,997 | €119,163 | -€27,834 | -18.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €161,493 | €112,738 | -€48,755 | -30.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,586 | €1,084 | -€1,502 | -58.1% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€14,496 | €6,424 | +€20,920 | |
| Operating profit (loss) | 9901 | -€17,469 | €4,941 | +€22,410 | |
| Financial income | 75/76B | €2,895 | €2,026 | -€869 | -30.0% |
| Recurring financial income | 75 | €2,895 | €2,026 | -€869 | -30.0% |
| Financial charges | 65/66B | €931 | €931 | +€1 | +0.1% |
| Recurring financial charges | 65 | €931 | €931 | +€1 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | -€15,506 | €6,035 | +€21,541 | |
| Income taxes | 67/77 | €0 | €0 | = | |
| Profit (loss) for the period | 9904 | -€15,506 | €6,035 | +€21,541 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,506 | €6,035 | +€21,541 |
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 22 October 2026 via checked.be.