Command R: 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.
Command R
Largest movements
- Cash +€12,657
up €12,657 (+16.9%), from €74,891 to €87,548
mainly Net result for the year (+€32,731) and Depreciation (+€3,230)
- Receivables within one year +€11,179
up €11,179 (+988%), from €1,132 to €12,310
of which Trade receivables: +€10,000
- Tangible fixed assets +€1,199
up €1,199 (+16.3%), from €7,361 to €8,559
- Reserves +€31,898
up €31,898 (+50.0%), from €63,827 to €95,725
- Tax, wage and social debts -€5,686
down €5,686 (-47.2%), from €12,052 to €6,367
of which Taxes: -€8,086
- Trade debts -€1,163
down €1,163 (-62.1%), from €1,872 to €709
- Gross operating margin -€5,717
down €5,717 (-10.5%), from €54,356 to €48,639
- Taxes -€1,587
down €1,587 (-15.2%), from €10,417 to €8,830
- Other operating charges +€1,442
up €1,442 (+879%), from €164 to €1,606
- Financial charges +€1,369
up €1,369 (+157%), from €873 to €2,242
- Depreciation +€1,045
up €1,045 (+47.8%), from €2,185 to €3,230
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 | €83,971 | €109,036 | +€25,065 | +29.8% |
| Fixed assets | 21/28 | €7,361 | €8,559 | +€1,199 | +16.3% |
| Tangible fixed assets | 22/27 | €7,361 | €8,559 | +€1,199 | +16.3% |
| Furniture and vehicles | 24 | €7,361 | €8,559 | +€1,199 | +16.3% |
| Current assets | 29/58 | €76,610 | €100,476 | +€23,866 | +31.2% |
| Amounts receivable within one year | 40/41 | €1,132 | €12,310 | +€11,179 | +988% |
| Trade receivables | 40 | - | €10,000 | +€10,000 | |
| Other amounts receivable | 41 | €1,132 | €2,310 | +€1,179 | +104% |
| Cash at bank and in hand | 54/58 | €74,891 | €87,548 | +€12,657 | +16.9% |
| Deferred charges and accrued income | 490/1 | €588 | €618 | +€30 | +5.2% |
| Total equity and liabilities | 10/49 | €83,971 | €109,036 | +€25,065 | +29.8% |
| Equity | 10/15 | €68,827 | €100,725 | +€31,898 | +46.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €63,827 | €95,725 | +€31,898 | +50.0% |
| Distributable reserves | 133 | €63,827 | €95,725 | +€31,898 | +50.0% |
| Amounts payable | 17/49 | €15,144 | €8,311 | -€6,833 | -45.1% |
| Amounts payable within one year | 42/48 | €15,144 | €8,311 | -€6,833 | -45.1% |
| Trade debts | 44 | €1,872 | €709 | -€1,163 | -62.1% |
| Suppliers | 440/4 | €1,872 | €709 | -€1,163 | -62.1% |
| Taxes, remuneration and social security | 45 | €12,052 | €6,367 | -€5,686 | -47.2% |
| Taxes | 450/3 | €12,052 | €3,967 | -€8,086 | -67.1% |
| Remuneration and social security | 454/9 | - | €2,400 | +€2,400 | |
| Other amounts payable | 47/48 | €1,219 | €1,235 | +€16 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,185 | €3,230 | +€1,045 | +47.8% |
| Other operating charges | 640/8 | €164 | €1,606 | +€1,442 | +879% |
| Gross operating margin | 9900 | €54,356 | €48,639 | -€5,717 | -10.5% |
| Operating profit (loss) | 9901 | €52,007 | €43,803 | -€8,204 | -15.8% |
| Financial income | 75/76B | €20 | - | -€20 | |
| Recurring financial income | 75 | €20 | - | -€20 | |
| Financial charges | 65/66B | €873 | €2,242 | +€1,369 | +157% |
| Recurring financial charges | 65 | €873 | €2,242 | +€1,369 | +157% |
| Profit (loss) for the period before taxes | 9903 | €51,154 | €41,561 | -€9,593 | -18.8% |
| Income taxes | 67/77 | €10,417 | €8,830 | -€1,587 | -15.2% |
| Profit (loss) for the period | 9904 | €40,737 | €32,731 | -€8,006 | -19.7% |
| Profit (loss) for the period to be appropriated | 9905 | €40,737 | €32,731 | -€8,006 | -19.7% |
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 22 October 2026 via checked.be.