BoldType: what changed
Two fiscal 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.
BoldType
Largest movements
- Cash +€35,405
up €35,405 (+60.9%), from €58,127 to €93,532
mainly Net result for the year (+€33,163) and Other debts (+€26,622)
- Receivables within one year -€23,482
down €23,482 (-96.1%), from €24,447 to €965
of which Trade receivables: -€24,082
- Tangible fixed assets -€9,218
down €9,218 (-30.2%), from €30,544 to €21,326
of which Furniture and vehicles: -€8,383
- Deferred charges and accrued income -€4,076
down €4,076 (-77.4%), from €5,267 to €1,192
- Profit (loss) carried forward -€33,792
down €33,792 (-100.0%), from €33,792 to €0
- Other debts +€26,622
up €26,622 (+72.5%), from €36,708 to €63,330
- Reserves +€10,000
up €10,000 (+33.3%), from €30,000 to €40,000
- Debts after one year -€6,901
down €6,901 (-37.2%), from €18,526 to €11,626
- Tax, wage and social debts +€5,490
up €5,490 (+74.6%), from €7,359 to €12,848
- Gross operating margin +€7,441
up €7,441 (+14.7%), from €50,502 to €57,943
- Taxes +€4,742
up €4,742 (+50.5%), from €9,390 to €14,132
- Depreciation -€754
down €754 (-7.6%), from €9,972 to €9,218
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 | €138,385 | €137,015 | -€1,371 | -1.0% |
| Fixed assets | 21/28 | €30,544 | €21,326 | -€9,218 | -30.2% |
| Tangible fixed assets | 22/27 | €30,544 | €21,326 | -€9,218 | -30.2% |
| Plant, machinery and equipment | 23 | €835 | €0 | -€835 | -100.0% |
| Furniture and vehicles | 24 | €29,709 | €21,326 | -€8,383 | -28.2% |
| Current assets | 29/58 | €107,841 | €115,689 | +€7,848 | +7.3% |
| Amounts receivable within one year | 40/41 | €24,447 | €965 | -€23,482 | -96.1% |
| Trade receivables | 40 | €24,447 | €365 | -€24,082 | -98.5% |
| Other amounts receivable | 41 | - | €600 | +€600 | |
| Current investments | 50/53 | €20,000 | €20,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €58,127 | €93,532 | +€35,405 | +60.9% |
| Deferred charges and accrued income | 490/1 | €5,267 | €1,192 | -€4,076 | -77.4% |
| Total equity and liabilities | 10/49 | €138,385 | €137,015 | -€1,371 | -1.0% |
| Equity | 10/15 | €64,792 | €41,000 | -€23,792 | -36.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €30,000 | €40,000 | +€10,000 | +33.3% |
| Distributable reserves | 133 | €30,000 | €40,000 | +€10,000 | +33.3% |
| Profit (loss) carried forward | 14 | €33,792 | €0 | -€33,792 | -100.0% |
| Amounts payable | 17/49 | €73,593 | €96,015 | +€22,422 | +30.5% |
| Amounts payable after more than one year | 17 | €18,526 | €11,626 | -€6,901 | -37.2% |
| Financial debts | 170/4 | €18,526 | €11,626 | -€6,901 | -37.2% |
| Amounts payable within one year | 42/48 | €54,829 | €84,389 | +€29,560 | +53.9% |
| Current portion of amounts payable after more than one year | 42 | €6,578 | €6,901 | +€323 | +4.9% |
| Trade debts | 44 | €4,184 | €1,309 | -€2,874 | -68.7% |
| Suppliers | 440/4 | €4,184 | €1,309 | -€2,874 | -68.7% |
| Taxes, remuneration and social security | 45 | €7,359 | €12,848 | +€5,490 | +74.6% |
| Taxes | 450/3 | €7,359 | €12,848 | +€5,490 | +74.6% |
| Other amounts payable | 47/48 | €36,708 | €63,330 | +€26,622 | +72.5% |
| Accrued charges and deferred income | 492/3 | €238 | €0 | -€238 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,972 | €9,218 | -€754 | -7.6% |
| Other operating charges | 640/8 | €709 | €682 | -€27 | -3.8% |
| Non-recurring operating charges | 66A | €65 | - | -€65 | |
| Gross operating margin | 9900 | €50,502 | €57,943 | +€7,441 | +14.7% |
| Operating profit (loss) | 9901 | €39,755 | €48,043 | +€8,288 | +20.8% |
| Financial income | 75/76B | €174 | €361 | +€188 | +107.9% |
| Recurring financial income | 75 | €174 | €361 | +€188 | +107.9% |
| Financial charges | 65/66B | €1,412 | €1,110 | -€302 | -21.4% |
| Recurring financial charges | 65 | €1,412 | €1,110 | -€302 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | €38,517 | €47,295 | +€8,778 | +22.8% |
| Income taxes | 67/77 | €9,390 | €14,132 | +€4,742 | +50.5% |
| Profit (loss) for the period | 9904 | €29,127 | €33,163 | +€4,036 | +13.9% |
| Profit (loss) for the period to be appropriated | 9905 | €29,127 | €33,163 | +€4,036 | +13.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.