BS REPAIR: 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 REPAIR
Largest movements
- Cash +€137,850
up €137,850 (+162%), from €84,936 to €222,786
mainly Debts after one year (+€129,076) and Depreciation (+€66,252)
- Stocks and contracts -€43,990
down €43,990 (-56.2%), from €78,250 to €34,261
- Debts after one year +€129,076
up €129,076 (+56.7%), from €227,690 to €356,765
of which Other amounts payable: +€151,897
- Trade debts -€59,331
down €59,331 (-70.1%), from €84,637 to €25,306
- Reserves +€18,506
up €18,506 (+30.9%), from €59,971 to €78,477
- Tax, wage and social debts -€7,246
down €7,246 (-58.5%), from €12,377 to €5,131
- Depreciation +€42,823
up €42,823 (+183%), from €23,429 to €66,252
- Gross operating margin +€15,756
up €15,756 (+18.7%), from €84,179 to €99,935
- Taxes -€6,506
down €6,506 (-49.4%), from €13,169 to €6,663
- Financial charges +€3,064
up €3,064 (+71.1%), from €4,307 to €7,370
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 | €487,021 | €573,857 | +€86,836 | +17.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €261,380 | €256,457 | -€4,922 | -1.9% |
| Tangible fixed assets | 22/27 | €261,380 | €256,457 | -€4,922 | -1.9% |
| Plant, machinery and equipment | 23 | €11,326 | €9,154 | -€2,172 | -19.2% |
| Furniture and vehicles | 24 | €250,054 | €247,303 | -€2,751 | -1.1% |
| Current assets | 29/58 | €225,641 | €317,399 | +€91,759 | +40.7% |
| Stocks and contracts in progress | 3 | €78,250 | €34,261 | -€43,990 | -56.2% |
| Stocks | 30/36 | €78,250 | €34,261 | -€43,990 | -56.2% |
| Amounts receivable within one year | 40/41 | €59,558 | €60,182 | +€624 | +1.0% |
| Trade receivables | 40 | €45,131 | €59,170 | +€14,039 | +31.1% |
| Other amounts receivable | 41 | €14,427 | €1,012 | -€13,415 | -93.0% |
| Cash at bank and in hand | 54/58 | €84,936 | €222,786 | +€137,850 | +162% |
| Deferred charges and accrued income | 490/1 | €2,897 | €171 | -€2,726 | -94.1% |
| Total equity and liabilities | 10/49 | €487,021 | €573,857 | +€86,836 | +17.8% |
| Equity | 10/15 | €78,217 | €96,723 | +€18,506 | +23.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €59,971 | €78,477 | +€18,506 | +30.9% |
| Distributable reserves | 133 | €59,971 | €78,477 | +€18,506 | +30.9% |
| Profit (loss) carried forward | 14 | €13,246 | €13,246 | = | 0.0% |
| Amounts payable | 17/49 | €408,804 | €477,134 | +€68,330 | +16.7% |
| Amounts payable after more than one year | 17 | €227,690 | €356,765 | +€129,076 | +56.7% |
| Financial debts | 170/4 | €172,690 | €149,868 | -€22,821 | -13.2% |
| Other amounts payable | 178/9 | €55,000 | €206,897 | +€151,897 | +276% |
| Amounts payable within one year | 42/48 | €181,114 | €120,369 | -€60,745 | -33.5% |
| Current portion of amounts payable after more than one year | 42 | €21,954 | €22,821 | +€868 | +4.0% |
| Trade debts | 44 | €84,637 | €25,306 | -€59,331 | -70.1% |
| Suppliers | 440/4 | €84,637 | €25,306 | -€59,331 | -70.1% |
| Taxes, remuneration and social security | 45 | €12,377 | €5,131 | -€7,246 | -58.5% |
| Taxes | 450/3 | €12,377 | €5,131 | -€7,246 | -58.5% |
| Other amounts payable | 47/48 | €62,147 | €67,110 | +€4,963 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,429 | €66,252 | +€42,823 | +183% |
| Other operating charges | 640/8 | €699 | €1,152 | +€453 | +64.8% |
| Gross operating margin | 9900 | €84,179 | €99,935 | +€15,756 | +18.7% |
| Operating profit (loss) | 9901 | €60,051 | €32,531 | -€27,520 | -45.8% |
| Financial income | 75/76B | €521 | €8 | -€513 | -98.5% |
| Recurring financial income | 75 | €521 | €8 | -€513 | -98.5% |
| Financial charges | 65/66B | €4,307 | €7,370 | +€3,064 | +71.1% |
| Recurring financial charges | 65 | €4,307 | €7,370 | +€3,064 | +71.1% |
| Profit (loss) for the period before taxes | 9903 | €56,265 | €25,169 | -€31,096 | -55.3% |
| Income taxes | 67/77 | €13,169 | €6,663 | -€6,506 | -49.4% |
| Profit (loss) for the period | 9904 | €43,096 | €18,506 | -€24,590 | -57.1% |
| Profit (loss) for the period to be appropriated | 9905 | €43,096 | €18,506 | -€24,590 | -57.1% |
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 24 October 2026 via checked.be.