Beyond Ordering: 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 Ordering
Largest movements
- Cash +€75,194
up €75,194 (+154.3%), from €48,726 to €123,920
mainly Other debts (+€82,658) and Depreciation (+€60,114)
- Tangible fixed assets -€17,027
down €17,027 (-25.6%), from €66,577 to €49,550
of which Plant, machinery and equipment: -€18,077
- Receivables within one year -€15,784
down €15,784 (-32.8%), from €48,086 to €32,302
of which Other amounts receivable: -€10,264
- Deferred charges and accrued income +€8,620
up €8,620 (+1328.3%), from €649 to €9,269
- Intangible fixed assets -€4,735
down €4,735 (-32.0%), from €14,788 to €10,053
- Other debts +€82,658
up €82,658 (+695.5%), from €11,884 to €94,542
- Reserves -€44,288
down €44,288 (-98.4%), from €45,015 to €728
- Trade debts +€14,547
up €14,547 (+24.5%), from €59,420 to €73,968
- Current portion of long-term debt -€6,257
down €6,257 (-19.7%), from €31,817 to €25,559
- Debts after one year -€4,284
down €4,284 (-27.7%), from €15,482 to €11,198
- Gross operating margin +€29,485
up €29,485 (+21.9%), from €134,406 to €163,891
- Staff costs +€22,397
up €22,397 (+39.9%), from €56,151 to €78,548
- Depreciation +€8,026
up €8,026 (+15.4%), from €52,089 to €60,114
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.
Cash bridge derived
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 | €178,826 | €225,094 | +€46,268 | +25.9% |
| Fixed assets | 21/28 | €81,365 | €59,603 | -€21,762 | -26.7% |
| Intangible fixed assets | 21 | €14,788 | €10,053 | -€4,735 | -32.0% |
| Tangible fixed assets | 22/27 | €66,577 | €49,550 | -€17,027 | -25.6% |
| Plant, machinery and equipment | 23 | €50,487 | €32,410 | -€18,077 | -35.8% |
| Furniture and vehicles | 24 | €16,089 | €17,140 | +€1,051 | +6.5% |
| Current assets | 29/58 | €97,461 | €165,491 | +€68,030 | +69.8% |
| Amounts receivable within one year | 40/41 | €48,086 | €32,302 | -€15,784 | -32.8% |
| Trade receivables | 40 | €29,941 | €24,420 | -€5,521 | -18.4% |
| Other amounts receivable | 41 | €18,145 | €7,881 | -€10,264 | -56.6% |
| Cash at bank and in hand | 54/58 | €48,726 | €123,920 | +€75,194 | +154.3% |
| Deferred charges and accrued income | 490/1 | €649 | €9,269 | +€8,620 | +1328.3% |
| Total equity and liabilities | 10/49 | €178,826 | €225,094 | +€46,268 | +25.9% |
| Equity | 10/15 | €53,015 | €8,728 | -€44,288 | -83.5% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €45,015 | €728 | -€44,288 | -98.4% |
| Distributable reserves | 133 | €45,015 | €728 | -€44,288 | -98.4% |
| Amounts payable | 17/49 | €125,810 | €216,366 | +€90,556 | +72.0% |
| Amounts payable after more than one year | 17 | €15,482 | €11,198 | -€4,284 | -27.7% |
| Financial debts | 170/4 | €15,482 | €11,198 | -€4,284 | -27.7% |
| Amounts payable within one year | 42/48 | €110,329 | €205,168 | +€94,840 | +86.0% |
| Current portion of amounts payable after more than one year | 42 | €31,817 | €25,559 | -€6,257 | -19.7% |
| Trade debts | 44 | €59,420 | €73,968 | +€14,547 | +24.5% |
| Suppliers | 440/4 | €59,420 | €73,968 | +€14,547 | +24.5% |
| Taxes, remuneration and social security | 45 | €7,208 | €11,099 | +€3,892 | +54.0% |
| Taxes | 450/3 | €1,895 | €1,156 | -€739 | -39.0% |
| Remuneration and social security | 454/9 | €5,313 | €9,943 | +€4,631 | +87.2% |
| Other amounts payable | 47/48 | €11,884 | €94,542 | +€82,658 | +695.5% |
| Remuneration, social security and pensions | 62 | €56,151 | €78,548 | +€22,397 | +39.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,089 | €60,114 | +€8,026 | +15.4% |
| Other operating charges | 640/8 | €762 | €1,058 | +€296 | +38.8% |
| Gross operating margin | 9900 | €134,406 | €163,891 | +€29,485 | +21.9% |
| Operating profit (loss) | 9901 | €25,405 | €24,171 | -€1,234 | -4.9% |
| Financial income | 75/76B | €1 | €839 | +€839 | +149801.8% |
| Recurring financial income | 75 | €1 | €839 | +€839 | +149801.8% |
| Financial charges | 65/66B | €2,919 | €3,751 | +€832 | +28.5% |
| Recurring financial charges | 65 | €2,919 | €3,751 | +€832 | +28.5% |
| Profit (loss) for the period before taxes | 9903 | €22,486 | €21,259 | -€1,227 | -5.5% |
| Income taxes | 67/77 | €3,932 | €5,547 | +€1,614 | +41.1% |
| Profit (loss) for the period | 9904 | €18,554 | €15,712 | -€2,841 | -15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,554 | €15,712 | -€2,841 | -15.3% |
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 12 October 2026 via checked.be.