by Dam: 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 Dam
Largest movements
- Cash +€32,152
up €32,152 (+119.4%), from €26,927 to €59,079
mainly Net result for the year (+€52,043) and Other debts (+€13,700)
- Receivables within one year +€7,878
up €7,878, from €0 to €7,878
- Profit (loss) carried forward +€22,043
up €22,043, from -€3,259 to €18,784
- Other debts +€13,700
up €13,700 (+84.0%), from €16,300 to €30,000
- Tax, wage and social debts +€4,038
up €4,038 (+37.5%), from €10,770 to €14,807
of which Taxes: +€5,828
- Gross operating margin +€57,486
up €57,486 (+688.1%), from €8,354 to €65,840
- Taxes +€11,005
up €11,005 (+6973.6%), from €158 to €11,163
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 | €27,428 | €66,972 | +€39,545 | +144.2% |
| Fixed assets | 21/28 | €468 | €0 | -€468 | -100.0% |
| Tangible fixed assets | 22/27 | €468 | €0 | -€468 | -100.0% |
| Furniture and vehicles | 24 | €468 | €0 | -€468 | -100.0% |
| Current assets | 29/58 | €26,960 | €66,972 | +€40,012 | +148.4% |
| Amounts receivable within one year | 40/41 | €0 | €7,878 | +€7,878 | |
| Other amounts receivable | 41 | €0 | €7,878 | +€7,878 | |
| Cash at bank and in hand | 54/58 | €26,927 | €59,079 | +€32,152 | +119.4% |
| Deferred charges and accrued income | 490/1 | €33 | €15 | -€18 | -54.0% |
| Total equity and liabilities | 10/49 | €27,428 | €66,972 | +€39,545 | +144.2% |
| Equity | 10/15 | €56 | €22,099 | +€22,043 | +39313.5% |
| Contributions | 10/11 | €2,300 | €2,300 | = | 0.0% |
| Reserves | 13 | €1,015 | €1,015 | = | 0.0% |
| Distributable reserves | 133 | €1,015 | €1,015 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,259 | €18,784 | +€22,043 | |
| Amounts payable | 17/49 | €27,372 | €44,873 | +€17,502 | +63.9% |
| Amounts payable within one year | 42/48 | €27,372 | €44,873 | +€17,502 | +63.9% |
| Trade debts | 44 | €302 | €66 | -€236 | -78.2% |
| Suppliers | 440/4 | €302 | €66 | -€236 | -78.2% |
| Taxes, remuneration and social security | 45 | €10,770 | €14,807 | +€4,038 | +37.5% |
| Taxes | 450/3 | €8,979 | €14,807 | +€5,828 | +64.9% |
| Remuneration and social security | 454/9 | €1,790 | €0 | -€1,790 | -100.0% |
| Other amounts payable | 47/48 | €16,300 | €30,000 | +€13,700 | +84.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,120 | €468 | -€653 | -58.3% |
| Other operating charges | 640/8 | €548 | €801 | +€253 | +46.1% |
| Gross operating margin | 9900 | €8,354 | €65,840 | +€57,486 | +688.1% |
| Operating profit (loss) | 9901 | €6,686 | €64,572 | +€57,886 | +865.8% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,511 | €1,366 | -€144 | -9.6% |
| Recurring financial charges | 65 | €1,511 | €1,366 | -€144 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €5,175 | €63,206 | +€58,030 | +1121.3% |
| Income taxes | 67/77 | €158 | €11,163 | +€11,005 | +6973.6% |
| Profit (loss) for the period | 9904 | €5,018 | €52,043 | +€47,025 | +937.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,018 | €52,043 | +€47,025 | +937.2% |
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 9 October 2026 via checked.be.