BEYOND BLANKETS: 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.
BEYOND BLANKETS
Largest movements
- Cash +€45,196
up €45,196 (+160%), from €28,264 to €73,460
mainly Net result for the year (+€44,481) and Contributions, distributions and other (+€3,885)
- Receivables within one year +€3,671
up €3,671 (+33.8%), from €10,849 to €14,520
- Profit (loss) carried forward +€48,366
up €48,366 (+200%), from €24,185 to €72,551
- Tax, wage and social debts +€2,028
up €2,028 (+23.5%), from €8,630 to €10,658
- Other debts -€1,871
down €1,871 (-100%), from €1,871 to €0
- Gross operating margin +€25,663
up €25,663 (+80.2%), from €31,990 to €57,652
- Taxes +€5,087
up €5,087 (+73.9%), from €6,885 to €11,972
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 | €39,581 | €88,888 | +€49,308 | +125% |
| Fixed assets | 21/28 | €468 | €277 | -€191 | -40.8% |
| Tangible fixed assets | 22/27 | €468 | €277 | -€191 | -40.8% |
| Furniture and vehicles | 24 | €468 | €277 | -€191 | -40.8% |
| Current assets | 29/58 | €39,113 | €88,611 | +€49,499 | +127% |
| Amounts receivable within one year | 40/41 | €10,849 | €14,520 | +€3,671 | +33.8% |
| Trade receivables | 40 | €10,849 | €14,520 | +€3,671 | +33.8% |
| Cash at bank and in hand | 54/58 | €28,264 | €73,460 | +€45,196 | +160% |
| Deferred charges and accrued income | 490/1 | - | €631 | +€631 | |
| Total equity and liabilities | 10/49 | €39,581 | €88,888 | +€49,308 | +125% |
| Equity | 10/15 | €28,185 | €76,551 | +€48,366 | +172% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,185 | €72,551 | +€48,366 | +200% |
| Amounts payable | 17/49 | €11,395 | €12,337 | +€942 | +8.3% |
| Amounts payable within one year | 42/48 | €11,395 | €12,337 | +€942 | +8.3% |
| Trade debts | 44 | €894 | €1,679 | +€785 | +87.8% |
| Suppliers | 440/4 | €894 | €1,679 | +€785 | +87.8% |
| Taxes, remuneration and social security | 45 | €8,630 | €10,658 | +€2,028 | +23.5% |
| Taxes | 450/3 | €8,630 | €10,658 | +€2,028 | +23.5% |
| Other amounts payable | 47/48 | €1,871 | €0 | -€1,871 | -100% |
| Remuneration, social security and pensions | 62 | - | €50 | +€50 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105 | €191 | +€86 | +81.2% |
| Other operating charges | 640/8 | €146 | €150 | +€4 | +3.1% |
| Gross operating margin | 9900 | €31,990 | €57,652 | +€25,663 | +80.2% |
| Operating profit (loss) | 9901 | €31,739 | €57,261 | +€25,522 | +80.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €668 | €809 | +€141 | +21.1% |
| Recurring financial charges | 65 | €668 | €809 | +€141 | +21.1% |
| Profit (loss) for the period before taxes | 9903 | €31,071 | €56,452 | +€25,382 | +81.7% |
| Income taxes | 67/77 | €6,885 | €11,972 | +€5,087 | +73.9% |
| Profit (loss) for the period | 9904 | €24,185 | €44,481 | +€20,295 | +83.9% |
| Profit (loss) for the period to be appropriated | 9905 | €24,185 | €44,481 | +€20,295 | +83.9% |
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 14 October 2026 via checked.be.