Binary: 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.
Binary
Largest movements
- Tangible fixed assets +€23,872
up €23,872 (+714.1%), from €3,343 to €27,215
of which Furniture and vehicles: +€20,363
- Receivables within one year +€7,506
up €7,506 (+39.0%), from €19,247 to €26,754
- Cash -€3,358
down €3,358 (-19.6%), from €17,116 to €13,758
mainly Investment in fixed assets (net) (-€26,136) and Receivables within one year (-€7,506)
- Reserves +€21,762
up €21,762 (+91.8%), from €23,695 to €45,456
- Trade debts +€7,769
up €7,769 (+467.4%), from €1,662 to €9,431
- Tax, wage and social debts -€866
down €866 (-7.9%), from €10,905 to €10,039
- Debts after one year -€857
down €857 (-34.0%), from €2,522 to €1,665
- Depreciation +€2,129
up €2,129 (+1577.7%), from €135 to €2,264
- Gross operating margin +€746
up €746 (+2.3%), from €31,791 to €32,537
- Other operating charges +€699
up €699 (+75.6%), from €925 to €1,625
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 | €39,706 | €67,727 | +€28,021 | +70.6% |
| Fixed assets | 21/28 | €3,343 | €27,215 | +€23,872 | +714.1% |
| Tangible fixed assets | 22/27 | €3,343 | €27,215 | +€23,872 | +714.1% |
| Plant, machinery and equipment | 23 | - | €484 | +€484 | |
| Furniture and vehicles | 24 | €3,343 | €23,706 | +€20,363 | +609.1% |
| Other tangible fixed assets | 26 | - | €3,025 | +€3,025 | |
| Current assets | 29/58 | €36,363 | €40,512 | +€4,149 | +11.4% |
| Amounts receivable within one year | 40/41 | €19,247 | €26,754 | +€7,506 | +39.0% |
| Other amounts receivable | 41 | €19,247 | €26,754 | +€7,506 | +39.0% |
| Cash at bank and in hand | 54/58 | €17,116 | €13,758 | -€3,358 | -19.6% |
| Total equity and liabilities | 10/49 | €39,706 | €67,727 | +€28,021 | +70.6% |
| Equity | 10/15 | €23,795 | €45,556 | +€21,762 | +91.5% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €23,695 | €45,456 | +€21,762 | +91.8% |
| Distributable reserves | 133 | €23,695 | €45,456 | +€21,762 | +91.8% |
| Amounts payable | 17/49 | €15,911 | €22,171 | +€6,259 | +39.3% |
| Amounts payable after more than one year | 17 | €2,522 | €1,665 | -€857 | -34.0% |
| Financial debts | 170/4 | €2,522 | €1,665 | -€857 | -34.0% |
| Amounts payable within one year | 42/48 | €13,390 | €20,506 | +€7,116 | +53.1% |
| Current portion of amounts payable after more than one year | 42 | €823 | €857 | +€34 | +4.2% |
| Trade debts | 44 | €1,662 | €9,431 | +€7,769 | +467.4% |
| Suppliers | 440/4 | €1,662 | €9,431 | +€7,769 | +467.4% |
| Taxes, remuneration and social security | 45 | €10,905 | €10,039 | -€866 | -7.9% |
| Taxes | 450/3 | €10,905 | €10,039 | -€866 | -7.9% |
| Other amounts payable | 47/48 | - | €179 | +€179 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €135 | €2,264 | +€2,129 | +1577.7% |
| Other operating charges | 640/8 | €925 | €1,625 | +€699 | +75.6% |
| Gross operating margin | 9900 | €31,791 | €32,537 | +€746 | +2.3% |
| Operating profit (loss) | 9901 | €30,731 | €28,649 | -€2,083 | -6.8% |
| Financial charges | 65/66B | €512 | €403 | -€110 | -21.4% |
| Recurring financial charges | 65 | €512 | €403 | -€110 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | €30,219 | €28,246 | -€1,973 | -6.5% |
| Income taxes | 67/77 | €6,524 | €6,484 | -€40 | -0.6% |
| Profit (loss) for the period | 9904 | €23,695 | €21,762 | -€1,933 | -8.2% |
| Profit (loss) for the period to be appropriated | 9905 | €23,695 | €21,762 | -€1,933 | -8.2% |
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 11 October 2026 via checked.be.