Caroline Pesesse: 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.
Caroline Pesesse
Largest movements
- Cash +€11,298
up €11,298 (+33.4%), from €33,849 to €45,147
mainly Net result for the year (+€17,138) and Deferred charges and accrued income (+€4,096)
- Deferred charges and accrued income -€4,096
down €4,096 (-19.0%), from €21,593 to €17,497
- Profit (loss) carried forward +€16,305
up €16,305 (+44.8%), from €36,370 to €52,675
- Other debts -€4,589
down €4,589 (-69.7%), from €6,583 to €1,995
- Trade debts -€2,520
down €2,520 (-70.7%), from €3,566 to €1,046
- Debts after one year -€1,824
down €1,824 (-36.1%), from €5,051 to €3,227
- Tax, wage and social debts -€812
down €812 (-11.5%), from €7,053 to €6,242
of which Taxes: -€812
- Gross operating margin -€11,165
down €11,165 (-29.6%), from €37,662 to €26,498
- Taxes -€2,312
down €2,312 (-32.8%), from €7,053 to €4,742
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 | €63,367 | €70,008 | +€6,641 | +10.5% |
| Fixed assets | 21/28 | €7,466 | €7,364 | -€102 | -1.4% |
| Tangible fixed assets | 22/27 | €7,466 | €7,364 | -€102 | -1.4% |
| Furniture and vehicles | 24 | €4,083 | €4,366 | +€284 | +6.9% |
| Other tangible fixed assets | 26 | €3,383 | €2,998 | -€385 | -11.4% |
| Current assets | 29/58 | €55,902 | €62,644 | +€6,742 | +12.1% |
| Amounts receivable within one year | 40/41 | €460 | €0 | -€460 | -100% |
| Trade receivables | 40 | €460 | €0 | -€460 | -100% |
| Cash at bank and in hand | 54/58 | €33,849 | €45,147 | +€11,298 | +33.4% |
| Deferred charges and accrued income | 490/1 | €21,593 | €17,497 | -€4,096 | -19.0% |
| Total equity and liabilities | 10/49 | €63,367 | €70,008 | +€6,641 | +10.5% |
| Equity | 10/15 | €39,370 | €55,675 | +€16,305 | +41.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,370 | €52,675 | +€16,305 | +44.8% |
| Amounts payable | 17/49 | €23,997 | €14,333 | -€9,664 | -40.3% |
| Amounts payable after more than one year | 17 | €5,051 | €3,227 | -€1,824 | -36.1% |
| Financial debts | 170/4 | €5,051 | €3,227 | -€1,824 | -36.1% |
| Amounts payable within one year | 42/48 | €18,946 | €11,106 | -€7,840 | -41.4% |
| Current portion of amounts payable after more than one year | 42 | €1,743 | €1,824 | +€80 | +4.6% |
| Trade debts | 44 | €3,566 | €1,046 | -€2,520 | -70.7% |
| Suppliers | 440/4 | €3,566 | €1,046 | -€2,520 | -70.7% |
| Taxes, remuneration and social security | 45 | €7,053 | €6,242 | -€812 | -11.5% |
| Taxes | 450/3 | €7,053 | €6,242 | -€812 | -11.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €6,583 | €1,995 | -€4,589 | -69.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,368 | €3,602 | +€233 | +6.9% |
| Other operating charges | 640/8 | €635 | €622 | -€13 | -2.0% |
| Gross operating margin | 9900 | €37,662 | €26,498 | -€11,165 | -29.6% |
| Operating profit (loss) | 9901 | €33,659 | €22,274 | -€11,385 | -33.8% |
| Financial charges | 65/66B | €399 | €395 | -€4 | -1.0% |
| Recurring financial charges | 65 | €399 | €395 | -€4 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | €33,261 | €21,879 | -€11,382 | -34.2% |
| Income taxes | 67/77 | €7,053 | €4,742 | -€2,312 | -32.8% |
| Profit (loss) for the period | 9904 | €26,207 | €17,138 | -€9,070 | -34.6% |
| Profit (loss) for the period to be appropriated | 9905 | €26,207 | €17,138 | -€9,070 | -34.6% |
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 18 October 2026 via checked.be.