CO - CONS: 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.
CO - CONS
Largest movements
- Cash +€10,001
up €10,001 (+51.8%), from €19,324 to €29,325
mainly Net result for the year (+€28,471) and Depreciation (+€2,562)
- Tangible fixed assets -€853
down €853 (-22.7%), from €3,763 to €2,910
of which Plant, machinery and equipment: -€1,325
- Reserves +€10,471
up €10,471 (+55.3%), from €18,941 to €29,412
- Other debts -€1,333
down €1,333 (-96.2%), from €1,386 to €53
- Gross operating margin +€20,806
up €20,806 (+96.0%), from €21,670 to €42,476
- Taxes +€3,881
up €3,881 (+59.7%), from €6,504 to €10,386
- Depreciation +€639
up €639 (+33.3%), from €1,923 to €2,562
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 | €28,758 | €38,005 | +€9,246 | +32.2% |
| Fixed assets | 21/28 | €3,763 | €2,910 | -€853 | -22.7% |
| Tangible fixed assets | 22/27 | €3,763 | €2,910 | -€853 | -22.7% |
| Plant, machinery and equipment | 23 | €2,800 | €1,474 | -€1,325 | -47.3% |
| Other tangible fixed assets | 26 | €963 | €1,435 | +€472 | +49.0% |
| Current assets | 29/58 | €24,995 | €35,095 | +€10,099 | +40.4% |
| Amounts receivable within one year | 40/41 | €5,064 | €5,139 | +€75 | +1.5% |
| Trade receivables | 40 | €5,064 | €4,525 | -€539 | -10.7% |
| Other amounts receivable | 41 | €0 | €614 | +€614 | |
| Cash at bank and in hand | 54/58 | €19,324 | €29,325 | +€10,001 | +51.8% |
| Deferred charges and accrued income | 490/1 | €607 | €631 | +€24 | +4.0% |
| Total equity and liabilities | 10/49 | €28,758 | €38,005 | +€9,246 | +32.2% |
| Equity | 10/15 | €25,141 | €35,612 | +€10,471 | +41.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €18,941 | €29,412 | +€10,471 | +55.3% |
| Distributable reserves | 133 | €18,941 | €29,412 | +€10,471 | +55.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €3,617 | €2,393 | -€1,225 | -33.9% |
| Amounts payable within one year | 42/48 | €3,617 | €2,393 | -€1,225 | -33.9% |
| Trade debts | 44 | - | €40 | +€40 | |
| Suppliers | 440/4 | - | €40 | +€40 | |
| Taxes, remuneration and social security | 45 | €2,232 | €2,300 | +€68 | +3.1% |
| Taxes | 450/3 | €2,232 | €2,300 | +€68 | +3.1% |
| Other amounts payable | 47/48 | €1,386 | €53 | -€1,333 | -96.2% |
| Remuneration, social security and pensions | 62 | €39 | €0 | -€39 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,923 | €2,562 | +€639 | +33.3% |
| Other operating charges | 640/8 | €633 | €641 | +€8 | +1.3% |
| Gross operating margin | 9900 | €21,670 | €42,476 | +€20,806 | +96.0% |
| Operating profit (loss) | 9901 | €19,075 | €39,272 | +€20,197 | +105.9% |
| Financial income | 75/76B | €3 | €0 | -€3 | -100.0% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -100.0% |
| Financial charges | 65/66B | €354 | €416 | +€62 | +17.6% |
| Recurring financial charges | 65 | €354 | €416 | +€62 | +17.6% |
| Profit (loss) for the period before taxes | 9903 | €18,725 | €38,857 | +€20,132 | +107.5% |
| Income taxes | 67/77 | €6,504 | €10,386 | +€3,881 | +59.7% |
| Profit (loss) for the period | 9904 | €12,220 | €28,471 | +€16,250 | +133.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,220 | €28,471 | +€16,250 | +133.0% |
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 3 October 2026 via checked.be.