By Julz: 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 Julz
Largest movements
- Receivables within one year +€10,739
up €10,739 (+143%), from €7,523 to €18,262
of which Trade receivables: +€5,607
- Deferred charges and accrued income -€6,488
down €6,488 (-86.6%), from €7,492 to €1,004
- Tangible fixed assets -€4,216
down €4,216 (-65.3%), from €6,459 to €2,242
of which Furniture and vehicles: -€2,742
- Cash +€3,327
up €3,327 (+141%), from €2,356 to €5,684
mainly Other debts (+€28,000) and Deferred charges and accrued income (+€6,488)
- Other debts +€28,000
up €28,000 (+38.4%), from €72,977 to €100,977
- Profit (loss) carried forward -€22,498
down €22,498 (-23.1%), from -€97,281 to -€119,779
- Debts after one year -€3,867
down €3,867 (-49.7%), from €7,782 to €3,915
- Tax, wage and social debts +€1,302
up €1,302 (+23.9%), from €5,448 to €6,751
of which Taxes: +€1,302
- Trade debts +€376
up €376 (+3.0%), from €12,485 to €12,861
- Gross operating margin -€36,769
down €36,769, from €18,904 to -€17,865
- Depreciation -€2,069
down €2,069 (-43.0%), from €4,811 to €2,742
- Financial charges -€1,695
down €1,695 (-75.6%), from €2,244 to €548
- Other operating charges +€413
up €413 (+54.5%), from €758 to €1,171
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 | €23,830 | €27,192 | +€3,361 | +14.1% |
| Fixed assets | 21/28 | €6,459 | €2,242 | -€4,216 | -65.3% |
| Tangible fixed assets | 22/27 | €6,459 | €2,242 | -€4,216 | -65.3% |
| Furniture and vehicles | 24 | €4,984 | €2,242 | -€2,742 | -55.0% |
| Other tangible fixed assets | 26 | €1,474 | €0 | -€1,474 | -100% |
| Current assets | 29/58 | €17,372 | €24,949 | +€7,578 | +43.6% |
| Amounts receivable within one year | 40/41 | €7,523 | €18,262 | +€10,739 | +143% |
| Trade receivables | 40 | €6,947 | €12,554 | +€5,607 | +80.7% |
| Other amounts receivable | 41 | €577 | €5,708 | +€5,131 | +890% |
| Cash at bank and in hand | 54/58 | €2,356 | €5,684 | +€3,327 | +141% |
| Deferred charges and accrued income | 490/1 | €7,492 | €1,004 | -€6,488 | -86.6% |
| Total equity and liabilities | 10/49 | €23,830 | €27,192 | +€3,361 | +14.1% |
| Equity | 10/15 | -€78,681 | -€101,179 | -€22,498 | -28.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€97,281 | -€119,779 | -€22,498 | -23.1% |
| Amounts payable | 17/49 | €102,511 | €128,370 | +€25,859 | +25.2% |
| Amounts payable after more than one year | 17 | €7,782 | €3,915 | -€3,867 | -49.7% |
| Financial debts | 170/4 | €7,782 | €3,915 | -€3,867 | -49.7% |
| Amounts payable within one year | 42/48 | €94,729 | €124,455 | +€29,726 | +31.4% |
| Current portion of amounts payable after more than one year | 42 | €3,819 | €3,867 | +€48 | +1.3% |
| Trade debts | 44 | €12,485 | €12,861 | +€376 | +3.0% |
| Suppliers | 440/4 | €12,485 | €12,861 | +€376 | +3.0% |
| Taxes, remuneration and social security | 45 | €5,448 | €6,751 | +€1,302 | +23.9% |
| Taxes | 450/3 | €5,448 | €6,751 | +€1,302 | +23.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €72,977 | €100,977 | +€28,000 | +38.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,811 | €2,742 | -€2,069 | -43.0% |
| Other operating charges | 640/8 | €758 | €1,171 | +€413 | +54.5% |
| Gross operating margin | 9900 | €18,904 | -€17,865 | -€36,769 | |
| Operating profit (loss) | 9901 | €13,335 | -€21,778 | -€35,112 | |
| Financial income | 75/76B | €5 | €44 | +€39 | +787% |
| Recurring financial income | 75 | €5 | €44 | +€39 | +787% |
| Financial charges | 65/66B | €2,244 | €548 | -€1,695 | -75.6% |
| Recurring financial charges | 65 | €2,244 | €548 | -€1,695 | -75.6% |
| Profit (loss) for the period before taxes | 9903 | €11,096 | -€22,282 | -€33,378 | |
| Income taxes | 67/77 | €301 | €216 | -€84 | -28.1% |
| Profit (loss) for the period | 9904 | €10,795 | -€22,498 | -€33,293 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,795 | -€22,498 | -€33,293 |
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 18 October 2026 via checked.be.