Bookwurm: 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.
Bookwurm
Largest movements
- Receivables within one year +€32,636
up €32,636 (+45.1%), from €72,401 to €105,037
of which Other amounts receivable: +€32,924
- Intangible fixed assets -€7,429
down €7,429 (-28.8%), from €25,797 to €18,368
- Cash -€2,091
down €2,091 (-15.0%), from €13,902 to €11,811
mainly Receivables within one year (-€32,636) and Debts after one year (-€10,675)
- Reserves +€19,154
up €19,154 (+40.4%), from €47,369 to €66,523
- Debts after one year -€10,675
down €10,675 (-24.0%), from €44,485 to €33,810
- Current portion of long-term debt +€9,071
up €9,071 (+66.0%), from €13,736 to €22,807
- Trade debts -€4,068
down €4,068 (-77.0%), from €5,283 to €1,215
- Short-term financial debts +€3,236
new in 2025: €3,236
- Gross operating margin -€54,203
down €54,203 (-35.4%), from €152,913 to €98,711
- Staff costs -€14,720
down €14,720 (-21.1%), from €69,643 to €54,922
- Taxes -€8,987
down €8,987 (-56.4%), from €15,948 to €6,961
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 | €143,489 | €165,423 | +€21,934 | +15.3% |
| Fixed assets | 21/28 | €55,858 | €47,035 | -€8,823 | -15.8% |
| Intangible fixed assets | 21 | €25,797 | €18,368 | -€7,429 | -28.8% |
| Tangible fixed assets | 22/27 | €30,061 | €28,667 | -€1,394 | -4.6% |
| Plant, machinery and equipment | 23 | €2,467 | €2,059 | -€408 | -16.6% |
| Furniture and vehicles | 24 | €27,594 | €26,608 | -€986 | -3.6% |
| Current assets | 29/58 | €87,632 | €118,388 | +€30,757 | +35.1% |
| Amounts receivable within one year | 40/41 | €72,401 | €105,037 | +€32,636 | +45.1% |
| Trade receivables | 40 | €15,874 | €15,585 | -€288 | -1.8% |
| Other amounts receivable | 41 | €56,527 | €89,451 | +€32,924 | +58.2% |
| Cash at bank and in hand | 54/58 | €13,902 | €11,811 | -€2,091 | -15.0% |
| Deferred charges and accrued income | 490/1 | €1,329 | €1,541 | +€212 | +15.9% |
| Total equity and liabilities | 10/49 | €143,489 | €165,423 | +€21,934 | +15.3% |
| Equity | 10/15 | €49,869 | €69,023 | +€19,154 | +38.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €47,369 | €66,523 | +€19,154 | +40.4% |
| Distributable reserves | 133 | €47,369 | €66,523 | +€19,154 | +40.4% |
| Amounts payable | 17/49 | €93,620 | €96,400 | +€2,780 | +3.0% |
| Amounts payable after more than one year | 17 | €44,485 | €33,810 | -€10,675 | -24.0% |
| Financial debts | 170/4 | €44,485 | €33,810 | -€10,675 | -24.0% |
| Amounts payable within one year | 42/48 | €49,136 | €62,591 | +€13,455 | +27.4% |
| Current portion of amounts payable after more than one year | 42 | €13,736 | €22,807 | +€9,071 | +66.0% |
| Financial debts | 43 | - | €3,236 | +€3,236 | |
| Credit institutions | 430/8 | - | €3,236 | +€3,236 | |
| Trade debts | 44 | €5,283 | €1,215 | -€4,068 | -77.0% |
| Suppliers | 440/4 | €5,283 | €1,215 | -€4,068 | -77.0% |
| Taxes, remuneration and social security | 45 | €27,950 | €30,017 | +€2,067 | +7.4% |
| Taxes | 450/3 | €22,671 | €23,779 | +€1,108 | +4.9% |
| Remuneration and social security | 454/9 | €5,279 | €6,238 | +€959 | +18.2% |
| Other amounts payable | 47/48 | €2,167 | €5,316 | +€3,149 | +145.3% |
| Remuneration, social security and pensions | 62 | €69,643 | €54,922 | -€14,720 | -21.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,494 | €16,325 | -€170 | -1.0% |
| Other operating charges | 640/8 | €1,013 | €587 | -€426 | -42.1% |
| Gross operating margin | 9900 | €152,913 | €98,711 | -€54,203 | -35.4% |
| Operating profit (loss) | 9901 | €65,763 | €26,877 | -€38,886 | -59.1% |
| Financial income | 75/76B | €897 | €2,026 | +€1,129 | +125.9% |
| Recurring financial income | 75 | €897 | €2,026 | +€1,129 | +125.9% |
| Financial charges | 65/66B | €3,344 | €2,788 | -€556 | -16.6% |
| Recurring financial charges | 65 | €3,344 | €2,788 | -€556 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €63,317 | €26,115 | -€37,201 | -58.8% |
| Income taxes | 67/77 | €15,948 | €6,961 | -€8,987 | -56.4% |
| Profit (loss) for the period | 9904 | €47,369 | €19,154 | -€28,214 | -59.6% |
| Profit (loss) for the period to be appropriated | 9905 | €47,369 | €19,154 | -€28,214 | -59.6% |
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 3 October 2026 via checked.be.