BSImprovement: 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.
BSImprovement
Largest movements
- Cash +€42,083
up €42,083 (+93.1%), from €45,221 to €87,305
mainly Net result for the year (+€30,277) and Depreciation (+€9,738)
- Tangible fixed assets -€6,789
down €6,789 (-25.8%), from €26,318 to €19,529
- Deferred charges and accrued income -€2,360
down €2,360 (-78.3%), from €3,013 to €653
- Profit (loss) carried forward +€30,277
up €30,277 (+48.9%), from €61,974 to €92,251
- Trade debts +€4,757
up €4,757 (+1382.7%), from €344 to €5,101
- Gross operating margin +€11,362
up €11,362 (+14.5%), from €78,627 to €89,990
- Staff costs +€3,274
up €3,274 (+9.3%), from €35,155 to €38,429
- Taxes +€1,703
up €1,703 (+21.1%), from €8,064 to €9,767
- Other operating charges +€1,500
new in 2025: €1,500
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 | €95,414 | €128,728 | +€33,314 | +34.9% |
| Fixed assets | 21/28 | €26,573 | €19,784 | -€6,789 | -25.6% |
| Tangible fixed assets | 22/27 | €26,318 | €19,529 | -€6,789 | -25.8% |
| Furniture and vehicles | 24 | €26,318 | €19,529 | -€6,789 | -25.8% |
| Financial fixed assets | 28 | €255 | €255 | = | 0.0% |
| Current assets | 29/58 | €68,841 | €108,945 | +€40,103 | +58.3% |
| Amounts receivable within one year | 40/41 | €20,606 | €20,987 | +€381 | +1.8% |
| Trade receivables | 40 | €20,428 | €20,987 | +€560 | +2.7% |
| Other amounts receivable | 41 | €179 | - | -€179 | |
| Cash at bank and in hand | 54/58 | €45,221 | €87,305 | +€42,083 | +93.1% |
| Deferred charges and accrued income | 490/1 | €3,013 | €653 | -€2,360 | -78.3% |
| Total equity and liabilities | 10/49 | €95,414 | €128,728 | +€33,314 | +34.9% |
| Equity | 10/15 | €62,474 | €92,751 | +€30,277 | +48.5% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,974 | €92,251 | +€30,277 | +48.9% |
| Amounts payable | 17/49 | €32,940 | €35,977 | +€3,037 | +9.2% |
| Amounts payable within one year | 42/48 | €32,940 | €35,977 | +€3,037 | +9.2% |
| Trade debts | 44 | €344 | €5,101 | +€4,757 | +1382.7% |
| Suppliers | 440/4 | €344 | €5,101 | +€4,757 | +1382.7% |
| Taxes, remuneration and social security | 45 | €30,354 | €29,212 | -€1,142 | -3.8% |
| Taxes | 450/3 | €25,320 | €23,868 | -€1,453 | -5.7% |
| Remuneration and social security | 454/9 | €5,034 | €5,344 | +€310 | +6.2% |
| Other amounts payable | 47/48 | €2,242 | €1,664 | -€578 | -25.8% |
| Remuneration, social security and pensions | 62 | €35,155 | €38,429 | +€3,274 | +9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,655 | €9,738 | +€83 | +0.9% |
| Other operating charges | 640/8 | - | €1,500 | +€1,500 | |
| Gross operating margin | 9900 | €78,627 | €89,990 | +€11,362 | +14.5% |
| Operating profit (loss) | 9901 | €33,818 | €40,323 | +€6,506 | +19.2% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €271 | €279 | +€8 | +3.0% |
| Recurring financial charges | 65 | €271 | €279 | +€8 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | €33,547 | €40,044 | +€6,497 | +19.4% |
| Income taxes | 67/77 | €8,064 | €9,767 | +€1,703 | +21.1% |
| Profit (loss) for the period | 9904 | €25,483 | €30,277 | +€4,794 | +18.8% |
| Profit (loss) for the period to be appropriated | 9905 | €25,483 | €30,277 | +€4,794 | +18.8% |
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.