Checked & Balanced: what changed
Two fiscal 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.
Checked & Balanced
Largest movements
- Cash +€8,412
up €8,412 (+68.2%), from €12,338 to €20,750
mainly Net result for the year (+€14,341) and Other debts (+€11,473)
- Tangible fixed assets -€4,800
down €4,800 (-16.2%), from €29,592 to €24,792
of which Land and buildings: -€4,037
- Receivables within one year +€2,883
up €2,883 (+2402.3%), from €120 to €3,003
- Contributions -€20,000
down €20,000 (-90.9%), from €22,000 to €2,000
- Reserves +€14,341
up €14,341 (+45.8%), from €31,332 to €45,673
- Other debts +€11,473
up €11,473 (+421.0%), from €2,725 to €14,198
- Trade debts +€979
up €979 (+514.1%), from €190 to €1,170
- Depreciation -€386
down €386 (-7.4%), from €5,186 to €4,800
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 | €60,564 | €67,312 | +€6,748 | +11.1% |
| Fixed assets | 21/28 | €29,592 | €24,792 | -€4,800 | -16.2% |
| Tangible fixed assets | 22/27 | €29,592 | €24,792 | -€4,800 | -16.2% |
| Land and buildings | 22 | €28,230 | €24,193 | -€4,037 | -14.3% |
| Plant, machinery and equipment | 23 | €716 | €510 | -€206 | -28.8% |
| Furniture and vehicles | 24 | €646 | €89 | -€558 | -86.2% |
| Current assets | 29/58 | €30,972 | €42,520 | +€11,548 | +37.3% |
| Amounts receivable within one year | 40/41 | €120 | €3,003 | +€2,883 | +2402.3% |
| Trade receivables | 40 | €120 | €3,003 | +€2,883 | +2402.3% |
| Current investments | 50/53 | €18,000 | €18,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,338 | €20,750 | +€8,412 | +68.2% |
| Deferred charges and accrued income | 490/1 | €514 | €768 | +€254 | +49.4% |
| Total equity and liabilities | 10/49 | €60,564 | €67,312 | +€6,748 | +11.1% |
| Equity | 10/15 | €53,332 | €47,673 | -€5,659 | -10.6% |
| Contributions | 10/11 | €22,000 | €2,000 | -€20,000 | -90.9% |
| Reserves | 13 | €31,332 | €45,673 | +€14,341 | +45.8% |
| Distributable reserves | 133 | €31,332 | €45,673 | +€14,341 | +45.8% |
| Amounts payable | 17/49 | €7,232 | €19,639 | +€12,407 | +171.6% |
| Amounts payable within one year | 42/48 | €7,232 | €19,639 | +€12,407 | +171.6% |
| Trade debts | 44 | €190 | €1,170 | +€979 | +514.1% |
| Suppliers | 440/4 | €190 | €1,170 | +€979 | +514.1% |
| Taxes, remuneration and social security | 45 | €4,316 | €4,271 | -€45 | -1.1% |
| Taxes | 450/3 | €4,316 | €4,271 | -€45 | -1.1% |
| Other amounts payable | 47/48 | €2,725 | €14,198 | +€11,473 | +421.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,186 | €4,800 | -€386 | -7.4% |
| Other operating charges | 640/8 | €973 | €1,025 | +€52 | +5.3% |
| Gross operating margin | 9900 | €27,767 | €27,746 | -€21 | -0.1% |
| Operating profit (loss) | 9901 | €21,608 | €21,920 | +€312 | +1.4% |
| Financial income | 75/76B | €142 | €170 | +€28 | +19.8% |
| Recurring financial income | 75 | €142 | €170 | +€28 | +19.8% |
| Financial charges | 65/66B | €125 | €126 | +€1 | +0.8% |
| Recurring financial charges | 65 | €125 | €126 | +€1 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €21,625 | €21,964 | +€339 | +1.6% |
| Income taxes | 67/77 | €7,690 | €7,624 | -€66 | -0.9% |
| Profit (loss) for the period | 9904 | €13,935 | €14,341 | +€406 | +2.9% |
| Profit (loss) for the period to be appropriated | 9905 | €13,935 | €14,341 | +€406 | +2.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.