CHECKPOINT: 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.
CHECKPOINT
Largest movements
- Receivables within one year +€6,261
up €6,261 (+209.5%), from €2,989 to €9,250
of which Other amounts receivable: +€8,783
- Tangible fixed assets +€5,382
up €5,382 (+234.0%), from €2,300 to €7,683
of which Furniture and vehicles: +€4,645
- Deferred charges and accrued income +€5,232
up €5,232 (+256.8%), from €2,038 to €7,269
- Financial fixed assets -€3,410
no longer reported in 2025 (was €3,410)
- Profit (loss) carried forward +€19,550
up €19,550 (+46.2%), from €42,355 to €61,905
- Tax, wage and social debts -€6,196
down €6,196 (-31.7%), from €19,550 to €13,354
of which Remuneration and social security: -€6,182
- Trade debts -€3,230
down €3,230 (-24.3%), from €13,263 to €10,034
- Accrued charges and deferred income +€3,132
up €3,132 (+124.6%), from €2,513 to €5,646
- Gross operating margin -€15,625
down €15,625 (-9.5%), from €165,228 to €149,603
- Staff costs +€8,104
up €8,104 (+7.3%), from €111,490 to €119,594
- Depreciation -€5,012
down €5,012 (-83.9%), from €5,974 to €962
- Financial charges +€3,386
up €3,386 (+206.5%), from €1,640 to €5,026
of which Non-recurring financial charges: +€3,410
- Other operating charges +€2,848
up €2,848 (+175.4%), from €1,624 to €4,472
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 | €105,472 | €118,729 | +€13,256 | +12.6% |
| Fixed assets | 21/28 | €5,710 | €7,683 | +€1,972 | +34.5% |
| Tangible fixed assets | 22/27 | €2,300 | €7,683 | +€5,382 | +234.0% |
| Plant, machinery and equipment | 23 | €1,980 | €2,718 | +€737 | +37.2% |
| Furniture and vehicles | 24 | €320 | €4,965 | +€4,645 | +1451.2% |
| Financial fixed assets | 28 | €3,410 | - | -€3,410 | |
| Current assets | 29/58 | €99,762 | €111,046 | +€11,284 | +11.3% |
| Stocks and contracts in progress | 3 | €5,607 | €6,195 | +€588 | +10.5% |
| Stocks | 30/36 | €5,607 | €6,195 | +€588 | +10.5% |
| Amounts receivable within one year | 40/41 | €2,989 | €9,250 | +€6,261 | +209.5% |
| Trade receivables | 40 | €2,522 | - | -€2,522 | |
| Other amounts receivable | 41 | €467 | €9,250 | +€8,783 | +1881.9% |
| Cash at bank and in hand | 54/58 | €89,129 | €88,332 | -€797 | -0.9% |
| Deferred charges and accrued income | 490/1 | €2,038 | €7,269 | +€5,232 | +256.8% |
| Total equity and liabilities | 10/49 | €105,472 | €118,729 | +€13,256 | +12.6% |
| Equity | 10/15 | €69,931 | €89,480 | +€19,550 | +28.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €7,575 | €7,575 | = | 0.0% |
| Distributable reserves | 133 | €7,575 | €7,575 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,355 | €61,905 | +€19,550 | +46.2% |
| Amounts payable | 17/49 | €35,542 | €29,248 | -€6,294 | -17.7% |
| Amounts payable within one year | 42/48 | €33,028 | €23,602 | -€9,426 | -28.5% |
| Trade debts | 44 | €13,263 | €10,034 | -€3,230 | -24.3% |
| Suppliers | 440/4 | €13,263 | €10,034 | -€3,230 | -24.3% |
| Taxes, remuneration and social security | 45 | €19,550 | €13,354 | -€6,196 | -31.7% |
| Taxes | 450/3 | €1,357 | €1,343 | -€15 | -1.1% |
| Remuneration and social security | 454/9 | €18,193 | €12,011 | -€6,182 | -34.0% |
| Other amounts payable | 47/48 | €215 | €215 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,513 | €5,646 | +€3,132 | +124.6% |
| Remuneration, social security and pensions | 62 | €111,490 | €119,594 | +€8,104 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,974 | €962 | -€5,012 | -83.9% |
| Other operating charges | 640/8 | €1,624 | €4,472 | +€2,848 | +175.4% |
| Gross operating margin | 9900 | €165,228 | €149,603 | -€15,625 | -9.5% |
| Operating profit (loss) | 9901 | €46,141 | €24,576 | -€21,565 | -46.7% |
| Financial income | 75/76B | €294 | €0 | -€294 | -99.8% |
| Recurring financial income | 75 | €294 | €0 | -€294 | -99.8% |
| Financial charges | 65/66B | €1,640 | €5,026 | +€3,386 | +206.5% |
| Recurring financial charges | 65 | €1,640 | €1,616 | -€24 | -1.4% |
| Non-recurring financial charges | 66B | - | €3,410 | +€3,410 | |
| Profit (loss) for the period before taxes | 9903 | €44,795 | €19,550 | -€25,245 | -56.4% |
| Profit (loss) for the period | 9904 | €44,795 | €19,550 | -€25,245 | -56.4% |
| Profit (loss) for the period to be appropriated | 9905 | €44,795 | €19,550 | -€25,245 | -56.4% |
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 5 October 2026 via checked.be.