C-THROUGH SALES: 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.
C-THROUGH SALES
Largest movements
- Cash +€12,101
up €12,101 (+44.2%), from €27,386 to €39,487
mainly Net result for the year (+€13,515) and Receivables within one year (+€4,264)
- Receivables within one year -€4,264
down €4,264 (-18.8%), from €22,719 to €18,454
of which Trade receivables: -€4,633
- Deferred charges and accrued income -€3,432
down €3,432 (-22.0%), from €15,609 to €12,177
- Tangible fixed assets -€1,164
down €1,164 (-9.4%), from €12,335 to €11,171
of which Furniture and vehicles: -€1,721
- Reserves +€13,515
up €13,515 (+29.6%), from €45,605 to €59,120
- Trade debts -€5,248
down €5,248 (-72.6%), from €7,225 to €1,978
- Tax, wage and social debts -€4,755
down €4,755 (-30.9%), from €15,414 to €10,659
- Gross operating margin +€2,778
up €2,778 (+9.9%), from €27,944 to €30,722
- Financial charges +€1,465
up €1,465 (+44.6%), from €3,285 to €4,750
- Other operating charges +€735
up €735 (+82.7%), from €889 to €1,624
- Depreciation +€533
up €533 (+16.3%), from €3,262 to €3,795
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 | €78,088 | €81,329 | +€3,241 | +4.2% |
| Fixed assets | 21/28 | €12,375 | €11,211 | -€1,164 | -9.4% |
| Tangible fixed assets | 22/27 | €12,335 | €11,171 | -€1,164 | -9.4% |
| Plant, machinery and equipment | 23 | €1,944 | €3,152 | +€1,209 | +62.2% |
| Furniture and vehicles | 24 | €6,298 | €4,577 | -€1,721 | -27.3% |
| Other tangible fixed assets | 26 | €4,093 | €3,441 | -€652 | -15.9% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €65,713 | €70,118 | +€4,405 | +6.7% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €22,719 | €18,454 | -€4,264 | -18.8% |
| Trade receivables | 40 | €22,719 | €18,085 | -€4,633 | -20.4% |
| Other amounts receivable | 41 | €0 | €369 | +€369 | |
| Cash at bank and in hand | 54/58 | €27,386 | €39,487 | +€12,101 | +44.2% |
| Deferred charges and accrued income | 490/1 | €15,609 | €12,177 | -€3,432 | -22.0% |
| Total equity and liabilities | 10/49 | €78,088 | €81,329 | +€3,241 | +4.2% |
| Equity | 10/15 | €54,805 | €68,320 | +€13,515 | +24.7% |
| Contributions | 10/11 | €9,200 | €9,200 | = | 0.0% |
| Reserves | 13 | €45,605 | €59,120 | +€13,515 | +29.6% |
| Distributable reserves | 133 | €45,605 | €59,120 | +€13,515 | +29.6% |
| Amounts payable | 17/49 | €23,283 | €13,009 | -€10,274 | -44.1% |
| Amounts payable within one year | 42/48 | €23,283 | €13,009 | -€10,274 | -44.1% |
| Financial debts | 43 | - | €140 | +€140 | |
| Credit institutions | 430/8 | - | €140 | +€140 | |
| Trade debts | 44 | €7,225 | €1,978 | -€5,248 | -72.6% |
| Suppliers | 440/4 | €7,225 | €1,978 | -€5,248 | -72.6% |
| Taxes, remuneration and social security | 45 | €15,414 | €10,659 | -€4,755 | -30.9% |
| Taxes | 450/3 | €15,414 | €10,659 | -€4,755 | -30.9% |
| Other amounts payable | 47/48 | €643 | €233 | -€410 | -63.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,262 | €3,795 | +€533 | +16.3% |
| Other operating charges | 640/8 | €889 | €1,624 | +€735 | +82.7% |
| Gross operating margin | 9900 | €27,944 | €30,722 | +€2,778 | +9.9% |
| Operating profit (loss) | 9901 | €23,793 | €25,303 | +€1,510 | +6.3% |
| Financial income | 75/76B | €31 | €132 | +€101 | +332% |
| Recurring financial income | 75 | €31 | €132 | +€101 | +332% |
| Financial charges | 65/66B | €3,285 | €4,750 | +€1,465 | +44.6% |
| Recurring financial charges | 65 | €3,285 | €4,750 | +€1,465 | +44.6% |
| Profit (loss) for the period before taxes | 9903 | €20,539 | €20,685 | +€146 | +0.7% |
| Income taxes | 67/77 | €7,304 | €7,170 | -€133 | -1.8% |
| Profit (loss) for the period | 9904 | €13,235 | €13,515 | +€280 | +2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,235 | €13,515 | +€280 | +2.1% |
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 14 October 2026 via checked.be.