Chère Lucie: 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.
Chère Lucie
Largest movements
- Tangible fixed assets +€14,979
up €14,979 (+151%), from €9,935 to €24,914
- Cash +€11,444
up €11,444 (+105%), from €10,948 to €22,392
mainly Debts after one year (+€15,297) and Net result for the year (+€8,070)
- Receivables within one year +€5,380
up €5,380 (+249%), from €2,158 to €7,538
of which Trade receivables: +€5,994
- Deferred charges and accrued income +€809
up €809, from €0 to €809
- Debts after one year +€15,297
up €15,297 (+339%), from €4,508 to €19,805
- Reserves +€8,000
up €8,000 (+54.7%), from €14,620 to €22,620
- Trade debts +€4,139
up €4,139 (+289%), from €1,430 to €5,569
- Tax, wage and social debts +€2,956
up €2,956 (+176%), from €1,684 to €4,640
of which Taxes: +€2,956
- Current portion of long-term debt +€1,294
up €1,294 (+41.3%), from €3,134 to €4,428
- Gross operating margin +€14,487
up €14,487 (+244%), from €5,936 to €20,424
- Taxes +€3,010
up €3,010 (+10,153%), from €30 to €3,040
- Other operating charges +€2,106
up €2,106 (+96.9%), from €2,174 to €4,280
- Financial income +€683
up €683 (+179%), from €382 to €1,065
- Depreciation +€321
up €321 (+10.6%), from €3,025 to €3,345
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 | €37,259 | €70,139 | +€32,879 | +88.2% |
| Fixed assets | 21/28 | €9,935 | €24,914 | +€14,979 | +151% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €9,935 | €24,914 | +€14,979 | +151% |
| Furniture and vehicles | 24 | €9,935 | €24,914 | +€14,979 | +151% |
| Current assets | 29/58 | €27,324 | €45,225 | +€17,901 | +65.5% |
| Amounts receivable after more than one year | 29 | €45 | €45 | = | 0.0% |
| Other amounts receivable | 291 | €45 | €45 | = | 0.0% |
| Stocks and contracts in progress | 3 | €14,174 | €14,441 | +€268 | +1.9% |
| Stocks | 30/36 | €14,174 | €14,441 | +€268 | +1.9% |
| Amounts receivable within one year | 40/41 | €2,158 | €7,538 | +€5,380 | +249% |
| Trade receivables | 40 | €0 | €5,994 | +€5,994 | |
| Other amounts receivable | 41 | €2,158 | €1,544 | -€614 | -28.5% |
| Cash at bank and in hand | 54/58 | €10,948 | €22,392 | +€11,444 | +105% |
| Deferred charges and accrued income | 490/1 | €0 | €809 | +€809 | |
| Total equity and liabilities | 10/49 | €37,259 | €70,139 | +€32,879 | +88.2% |
| Equity | 10/15 | €21,695 | €29,765 | +€8,070 | +37.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €14,620 | €22,620 | +€8,000 | +54.7% |
| Distributable reserves | 133 | €14,620 | €22,620 | +€8,000 | +54.7% |
| Profit (loss) carried forward | 14 | €875 | €945 | +€70 | +8.0% |
| Amounts payable | 17/49 | €15,564 | €40,373 | +€24,809 | +159% |
| Amounts payable after more than one year | 17 | €4,508 | €19,805 | +€15,297 | +339% |
| Financial debts | 170/4 | €4,508 | €19,805 | +€15,297 | +339% |
| Amounts payable within one year | 42/48 | €11,056 | €20,568 | +€9,512 | +86.0% |
| Current portion of amounts payable after more than one year | 42 | €3,134 | €4,428 | +€1,294 | +41.3% |
| Trade debts | 44 | €1,430 | €5,569 | +€4,139 | +289% |
| Suppliers | 440/4 | €1,430 | €5,569 | +€4,139 | +289% |
| Taxes, remuneration and social security | 45 | €1,684 | €4,640 | +€2,956 | +176% |
| Taxes | 450/3 | €84 | €3,040 | +€2,956 | +3,516% |
| Remuneration and social security | 454/9 | €1,600 | €1,600 | = | 0.0% |
| Other amounts payable | 47/48 | €4,808 | €5,930 | +€1,122 | +23.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,025 | €3,345 | +€321 | +10.6% |
| Other operating charges | 640/8 | €2,174 | €4,280 | +€2,106 | +96.9% |
| Gross operating margin | 9900 | €5,936 | €20,424 | +€14,487 | +244% |
| Operating profit (loss) | 9901 | €737 | €12,799 | +€12,061 | +1,636% |
| Financial income | 75/76B | €382 | €1,065 | +€683 | +179% |
| Recurring financial income | 75 | €382 | €1,065 | +€683 | +179% |
| Financial charges | 65/66B | €2,532 | €2,754 | +€222 | +8.8% |
| Recurring financial charges | 65 | €2,532 | €2,754 | +€222 | +8.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,412 | €11,110 | +€12,522 | |
| Income taxes | 67/77 | €30 | €3,040 | +€3,010 | +10,153% |
| Profit (loss) for the period | 9904 | -€1,442 | €8,070 | +€9,512 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,442 | €8,070 | +€9,512 |
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 29 October 2026 via checked.be.