BS_DW: 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.
BS_DW
Largest movements
- Receivables within one year +€9,120
up €9,120, from €0 to €9,120
of which Trade receivables: +€9,075
- Tangible fixed assets +€2,365
new in 2025: €2,365
- Profit (loss) carried forward +€4,914
up €4,914, from -€4,914 to €0
- Other debts +€3,990
up €3,990 (+13.8%), from €28,934 to €32,924
- Current portion of long-term debt +€2,062
new in 2025: €2,062
- Tax, wage and social debts +€638
up €638 (+33.0%), from €1,932 to €2,570
- Trade debts -€584
down €584 (-13.4%), from €4,363 to €3,779
- Gross operating margin +€10,879
up €10,879 (+211%), from €5,161 to €16,040
- Taxes +€3,560
up €3,560 (+410%), from €868 to €4,428
- Depreciation +€186
new in 2025: €186
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.
Derived cash bridge
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 | €35,539 | €46,561 | +€11,022 | +31.0% |
| Fixed assets | 21/28 | €25,000 | €27,365 | +€2,365 | +9.5% |
| Tangible fixed assets | 22/27 | - | €2,365 | +€2,365 | |
| Furniture and vehicles | 24 | - | €2,365 | +€2,365 | |
| Financial fixed assets | 28 | €25,000 | €25,000 | = | 0.0% |
| Current assets | 29/58 | €10,539 | €19,196 | +€8,657 | +82.1% |
| Amounts receivable within one year | 40/41 | €0 | €9,120 | +€9,120 | |
| Trade receivables | 40 | €0 | €9,075 | +€9,075 | |
| Other amounts receivable | 41 | - | €45 | +€45 | |
| Cash at bank and in hand | 54/58 | €9,501 | €9,172 | -€328 | -3.5% |
| Deferred charges and accrued income | 490/1 | €1,038 | €904 | -€134 | -12.9% |
| Total equity and liabilities | 10/49 | €35,539 | €46,561 | +€11,022 | +31.0% |
| Equity | 10/15 | €87 | €5,000 | +€4,914 | +5,680% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,914 | €0 | +€4,914 | |
| Amounts payable | 17/49 | €35,452 | €41,561 | +€6,108 | +17.2% |
| Amounts payable within one year | 42/48 | €35,452 | €41,561 | +€6,108 | +17.2% |
| Current portion of amounts payable after more than one year | 42 | - | €2,062 | +€2,062 | |
| Financial debts | 43 | €223 | €226 | +€2 | +1.1% |
| Credit institutions | 430/8 | €223 | €226 | +€2 | +1.1% |
| Trade debts | 44 | €4,363 | €3,779 | -€584 | -13.4% |
| Suppliers | 440/4 | €4,363 | €3,779 | -€584 | -13.4% |
| Taxes, remuneration and social security | 45 | €1,932 | €2,570 | +€638 | +33.0% |
| Taxes | 450/3 | €1,932 | €2,570 | +€638 | +33.0% |
| Other amounts payable | 47/48 | €28,934 | €32,924 | +€3,990 | +13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €186 | +€186 | |
| Other operating charges | 640/8 | €1,011 | €1,101 | +€90 | +8.9% |
| Gross operating margin | 9900 | €5,161 | €16,040 | +€10,879 | +211% |
| Operating profit (loss) | 9901 | €4,149 | €14,752 | +€10,603 | +256% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €980 | €978 | -€2 | -0.2% |
| Recurring financial charges | 65 | €980 | €978 | -€2 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €3,170 | €13,774 | +€10,604 | +335% |
| Income taxes | 67/77 | €868 | €4,428 | +€3,560 | +410% |
| Profit (loss) for the period | 9904 | €2,302 | €9,346 | +€7,045 | +306% |
| Profit (loss) for the period to be appropriated | 9905 | €2,302 | €9,346 | +€7,045 | +306% |
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 15 October 2026 via checked.be.