BUSINESS CONCEPTS: 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.
BUSINESS CONCEPTS
Largest movements
- Cash +€10,495
up €10,495 (+477%), from €2,200 to €12,695
mainly Trade debts (+€10,354) and Receivables within one year (+€6,242)
- Receivables within one year -€6,242
down €6,242 (-32.6%), from €19,154 to €12,912
- Trade debts +€10,354
up €10,354 (+317%), from €3,270 to €13,624
- Current portion of long-term debt -€6,800
down €6,800 (-97.9%), from €6,948 to €148
- Tax, wage and social debts +€3,494
up €3,494 (+86.1%), from €4,059 to €7,553
of which Taxes: +€3,494
- Other debts -€1,726
down €1,726 (-16.9%), from €10,182 to €8,456
- Debts after one year -€627
down €627 (-100%), from €627 to €0
- Other operating charges -€9,649
down €9,649 (-75.2%), from €12,834 to €3,186
- Gross operating margin -€3,631
down €3,631 (-26.2%), from €13,840 to €10,208
- Taxes +€1,855
up €1,855 (+244%), from €761 to €2,616
- Financial charges -€257
down €257 (-5.4%), from €4,767 to €4,511
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 | €21,353 | €25,607 | +€4,253 | +19.9% |
| Current assets | 29/58 | €21,353 | €25,607 | +€4,253 | +19.9% |
| Amounts receivable within one year | 40/41 | €19,154 | €12,912 | -€6,242 | -32.6% |
| Trade receivables | 40 | €19,154 | €12,912 | -€6,242 | -32.6% |
| Cash at bank and in hand | 54/58 | €2,200 | €12,695 | +€10,495 | +477% |
| Total equity and liabilities | 10/49 | €21,353 | €25,607 | +€4,253 | +19.9% |
| Equity | 10/15 | -€3,733 | -€4,175 | -€442 | -11.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,733 | -€6,175 | -€442 | -7.7% |
| Amounts payable | 17/49 | €25,086 | €29,781 | +€4,695 | +18.7% |
| Amounts payable after more than one year | 17 | €627 | €0 | -€627 | -100% |
| Financial debts | 170/4 | €627 | €0 | -€627 | -100% |
| Amounts payable within one year | 42/48 | €24,459 | €29,781 | +€5,322 | +21.8% |
| Current portion of amounts payable after more than one year | 42 | €6,948 | €148 | -€6,800 | -97.9% |
| Trade debts | 44 | €3,270 | €13,624 | +€10,354 | +317% |
| Suppliers | 440/4 | €3,270 | €13,624 | +€10,354 | +317% |
| Taxes, remuneration and social security | 45 | €4,059 | €7,553 | +€3,494 | +86.1% |
| Taxes | 450/3 | €1,059 | €4,553 | +€3,494 | +330% |
| Remuneration and social security | 454/9 | €3,000 | €3,000 | = | 0.0% |
| Other amounts payable | 47/48 | €10,182 | €8,456 | -€1,726 | -16.9% |
| Non-recurring operating income | 76A | €3,889 | €0 | -€3,889 | -100% |
| Other operating charges | 640/8 | €12,834 | €3,186 | -€9,649 | -75.2% |
| Gross operating margin | 9900 | €13,840 | €10,208 | -€3,631 | -26.2% |
| Operating profit (loss) | 9901 | €1,005 | €7,023 | +€6,017 | +599% |
| Financial income | 75/76B | €0 | €86 | +€86 | |
| Recurring financial income | 75 | €0 | €86 | +€86 | |
| Financial charges | 65/66B | €4,767 | €4,511 | -€257 | -5.4% |
| Recurring financial charges | 65 | €4,767 | €4,511 | -€257 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,762 | €2,598 | +€6,360 | |
| Income taxes | 67/77 | €761 | €2,616 | +€1,855 | +244% |
| Profit (loss) for the period | 9904 | -€4,523 | -€18 | +€4,505 | +99.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,523 | -€18 | +€4,505 | +99.6% |
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.