BY A TECHNOLOGIST: 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.
BY A TECHNOLOGIST
Largest movements
- Cash +€26,145
up €26,145 (+33.6%), from €77,927 to €104,072
mainly Net result for the year (+€57,032) and Deferred charges and accrued income (+€7,626)
- Tangible fixed assets +€17,659
up €17,659 (+332.6%), from €5,309 to €22,968
- Receivables within one year +€11,407
up €11,407 (+72.9%), from €15,650 to €27,057
- Deferred charges and accrued income -€7,626
down €7,626 (-97.8%), from €7,800 to €174
- Profit (loss) carried forward +€57,032
up €57,032 (+165.0%), from €34,571 to €91,604
- Tax, wage and social debts -€9,724
down €9,724 (-39.1%), from €24,896 to €15,172
of which Remuneration and social security: -€12,383
- Trade debts +€3,722
up €3,722 (+41.4%), from €8,989 to €12,711
- Other debts -€3,444
down €3,444 (-9.5%), from €36,229 to €32,785
- Gross operating margin +€60,871
up €60,871 (+383.9%), from €15,858 to €76,729
- Staff costs +€11,060
new in 2025: €11,060
- Taxes -€6,617
down €6,617 (-66.7%), from €9,923 to €3,306
- Depreciation +€2,109
up €2,109 (+198.6%), from €1,062 to €3,171
- Financial charges -€993
down €993 (-51.8%), from €1,915 to €922
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 | €106,685 | €154,272 | +€47,586 | +44.6% |
| Fixed assets | 21/28 | €5,309 | €22,968 | +€17,659 | +332.6% |
| Tangible fixed assets | 22/27 | €5,309 | €22,968 | +€17,659 | +332.6% |
| Furniture and vehicles | 24 | €5,309 | €22,968 | +€17,659 | +332.6% |
| Current assets | 29/58 | €101,377 | €131,303 | +€29,927 | +29.5% |
| Amounts receivable within one year | 40/41 | €15,650 | €27,057 | +€11,407 | +72.9% |
| Trade receivables | 40 | €15,650 | €27,057 | +€11,407 | +72.9% |
| Cash at bank and in hand | 54/58 | €77,927 | €104,072 | +€26,145 | +33.6% |
| Deferred charges and accrued income | 490/1 | €7,800 | €174 | -€7,626 | -97.8% |
| Total equity and liabilities | 10/49 | €106,685 | €154,272 | +€47,586 | +44.6% |
| Equity | 10/15 | €36,571 | €93,604 | +€57,032 | +155.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,571 | €91,604 | +€57,032 | +165.0% |
| Amounts payable | 17/49 | €70,114 | €60,668 | -€9,446 | -13.5% |
| Amounts payable within one year | 42/48 | €70,114 | €60,668 | -€9,446 | -13.5% |
| Trade debts | 44 | €8,989 | €12,711 | +€3,722 | +41.4% |
| Suppliers | 440/4 | €8,989 | €12,711 | +€3,722 | +41.4% |
| Taxes, remuneration and social security | 45 | €24,896 | €15,172 | -€9,724 | -39.1% |
| Taxes | 450/3 | €10,506 | €13,165 | +€2,660 | +25.3% |
| Remuneration and social security | 454/9 | €14,390 | €2,007 | -€12,383 | -86.1% |
| Other amounts payable | 47/48 | €36,229 | €32,785 | -€3,444 | -9.5% |
| Remuneration, social security and pensions | 62 | - | €11,060 | +€11,060 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,062 | €3,171 | +€2,109 | +198.6% |
| Other operating charges | 640/8 | €1,062 | €1,242 | +€180 | +17.0% |
| Gross operating margin | 9900 | €15,858 | €76,729 | +€60,871 | +383.9% |
| Operating profit (loss) | 9901 | €13,734 | €61,256 | +€47,522 | +346.0% |
| Financial income | 75/76B | €52 | €5 | -€47 | -91.3% |
| Recurring financial income | 75 | €52 | €5 | -€47 | -91.3% |
| Financial charges | 65/66B | €1,915 | €922 | -€993 | -51.8% |
| Recurring financial charges | 65 | €1,915 | €922 | -€993 | -51.8% |
| Profit (loss) for the period before taxes | 9903 | €11,870 | €60,338 | +€48,468 | +408.3% |
| Income taxes | 67/77 | €9,923 | €3,306 | -€6,617 | -66.7% |
| Profit (loss) for the period | 9904 | €1,948 | €57,032 | +€55,085 | +2828.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,948 | €57,032 | +€55,085 | +2828.3% |
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.