Bring it on: 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.
Bring it on
Largest movements
- Cash +€10,521
up €10,521 (+65.6%), from €16,044 to €26,565
mainly Other debts (+€11,064) and Trade debts (+€2,882)
- Receivables within one year -€1,052
down €1,052 (-5.5%), from €19,073 to €18,021
of which Other amounts receivable: -€1,277
- Tangible fixed assets -€530
down €530 (-15.6%), from €3,406 to €2,876
- Other debts +€11,064
new in 2025: €11,064
- Profit (loss) carried forward -€3,704
new in 2025: -€3,704
- Trade debts +€2,882
up €2,882 (+110.6%), from €2,607 to €5,489
- Tax, wage and social debts -€1,258
down €1,258 (-28.6%), from €4,393 to €3,134
- Gross operating margin -€21,870
down €21,870 (-90.9%), from €24,072 to €2,202
- Taxes -€5,770
down €5,770 (-77.7%), from €7,427 to €1,657
- Other operating charges -€1,203
down €1,203 (-54.6%), from €2,202 to €999
- Financial charges +€880
up €880 (+71.4%), from €1,233 to €2,113
- Depreciation -€688
down €688 (-37.7%), from €1,826 to €1,138
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 | €39,312 | €48,285 | +€8,973 | +22.8% |
| Formation expenses | 20 | €650 | €570 | -€80 | -12.4% |
| Fixed assets | 21/28 | €3,406 | €2,876 | -€530 | -15.6% |
| Tangible fixed assets | 22/27 | €3,406 | €2,876 | -€530 | -15.6% |
| Furniture and vehicles | 24 | €3,406 | €2,876 | -€530 | -15.6% |
| Current assets | 29/58 | €35,257 | €44,840 | +€9,583 | +27.2% |
| Amounts receivable within one year | 40/41 | €19,073 | €18,021 | -€1,052 | -5.5% |
| Trade receivables | 40 | €11,836 | €12,061 | +€225 | +1.9% |
| Other amounts receivable | 41 | €7,238 | €5,960 | -€1,277 | -17.6% |
| Cash at bank and in hand | 54/58 | €16,044 | €26,565 | +€10,521 | +65.6% |
| Deferred charges and accrued income | 490/1 | €140 | €254 | +€114 | +81.8% |
| Total equity and liabilities | 10/49 | €39,312 | €48,285 | +€8,973 | +22.8% |
| Equity | 10/15 | €30,406 | €26,702 | -€3,704 | -12.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,806 | €11,806 | = | 0.0% |
| Distributable reserves | 133 | €11,806 | €11,806 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€3,704 | -€3,704 | |
| Amounts payable | 17/49 | €8,906 | €21,583 | +€12,677 | +142.3% |
| Amounts payable within one year | 42/48 | €8,906 | €21,583 | +€12,677 | +142.3% |
| Current portion of amounts payable after more than one year | 42 | €1,907 | €1,895 | -€11 | -0.6% |
| Trade debts | 44 | €2,607 | €5,489 | +€2,882 | +110.6% |
| Suppliers | 440/4 | €2,607 | €5,489 | +€2,882 | +110.6% |
| Taxes, remuneration and social security | 45 | €4,393 | €3,134 | -€1,258 | -28.6% |
| Taxes | 450/3 | €4,393 | €3,134 | -€1,258 | -28.6% |
| Other amounts payable | 47/48 | - | €11,064 | +€11,064 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,826 | €1,138 | -€688 | -37.7% |
| Other operating charges | 640/8 | €2,202 | €999 | -€1,203 | -54.6% |
| Gross operating margin | 9900 | €24,072 | €2,202 | -€21,870 | -90.9% |
| Operating profit (loss) | 9901 | €20,044 | €65 | -€19,979 | -99.7% |
| Financial income | 75/76B | €421 | €1 | -€421 | -99.8% |
| Recurring financial income | 75 | €421 | €1 | -€421 | -99.8% |
| Financial charges | 65/66B | €1,233 | €2,113 | +€880 | +71.4% |
| Recurring financial charges | 65 | €1,233 | €2,113 | +€880 | +71.4% |
| Profit (loss) for the period before taxes | 9903 | €19,233 | -€2,047 | -€21,280 | |
| Income taxes | 67/77 | €7,427 | €1,657 | -€5,770 | -77.7% |
| Profit (loss) for the period | 9904 | €11,806 | -€3,704 | -€15,510 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,806 | -€3,704 | -€15,510 |
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 10 October 2026 via checked.be.