Comment vous dire...: 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.
Comment vous dire...
Largest movements
- Receivables within one year +€16,429
up €16,429 (+1,052%), from €1,561 to €17,990
of which Trade receivables: +€16,780
- Tangible fixed assets -€2,453
down €2,453 (-43.9%), from €5,592 to €3,139
- Cash -€1,029
down €1,029 (-29.7%), from €3,463 to €2,434
mainly Receivables within one year (-€16,429)
- Trade debts +€8,520
up €8,520 (+1,794%), from €475 to €8,995
- Profit (loss) carried forward +€3,108
up €3,108 (+49.6%), from €6,260 to €9,368
- Tax, wage and social debts +€715
new in 2025: €715
- Other debts +€578
up €578 (+188%), from €307 to €885
- Gross operating margin +€1,729
up €1,729 (+30.3%), from €5,715 to €7,444
- Taxes +€1,332
new in 2025: €1,332
- Depreciation -€182
down €182 (-6.9%), from €2,635 to €2,453
- Financial income -€78
down €78 (-37.1%), from €210 to €132
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 | €25,642 | €38,563 | +€12,921 | +50.4% |
| Fixed assets | 21/28 | €5,592 | €3,139 | -€2,453 | -43.9% |
| Tangible fixed assets | 22/27 | €5,592 | €3,139 | -€2,453 | -43.9% |
| Plant, machinery and equipment | 23 | €5,592 | €3,139 | -€2,453 | -43.9% |
| Current assets | 29/58 | €20,050 | €35,424 | +€15,374 | +76.7% |
| Amounts receivable within one year | 40/41 | €1,561 | €17,990 | +€16,429 | +1,052% |
| Trade receivables | 40 | €1,210 | €17,990 | +€16,780 | +1,387% |
| Other amounts receivable | 41 | €351 | - | -€351 | |
| Current investments | 50/53 | €15,026 | €15,000 | -€26 | -0.2% |
| Cash at bank and in hand | 54/58 | €3,463 | €2,434 | -€1,029 | -29.7% |
| Total equity and liabilities | 10/49 | €25,642 | €38,563 | +€12,921 | +50.4% |
| Equity | 10/15 | €24,860 | €27,968 | +€3,108 | +12.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,260 | €9,368 | +€3,108 | +49.6% |
| Amounts payable | 17/49 | €782 | €10,595 | +€9,813 | +1,255% |
| Amounts payable within one year | 42/48 | €782 | €10,595 | +€9,813 | +1,255% |
| Trade debts | 44 | €475 | €8,995 | +€8,520 | +1,794% |
| Suppliers | 440/4 | €475 | €8,995 | +€8,520 | +1,794% |
| Taxes, remuneration and social security | 45 | - | €715 | +€715 | |
| Taxes | 450/3 | - | €715 | +€715 | |
| Other amounts payable | 47/48 | €307 | €885 | +€578 | +188% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,635 | €2,453 | -€182 | -6.9% |
| Other operating charges | 640/8 | €607 | €620 | +€13 | +2.1% |
| Gross operating margin | 9900 | €5,715 | €7,444 | +€1,729 | +30.3% |
| Operating profit (loss) | 9901 | €2,473 | €4,371 | +€1,898 | +76.7% |
| Financial income | 75/76B | €210 | €132 | -€78 | -37.1% |
| Recurring financial income | 75 | €210 | €132 | -€78 | -37.1% |
| Financial charges | 65/66B | €59 | €63 | +€4 | +6.8% |
| Recurring financial charges | 65 | €59 | €63 | +€4 | +6.8% |
| Profit (loss) for the period before taxes | 9903 | €2,624 | €4,440 | +€1,816 | +69.2% |
| Income taxes | 67/77 | - | €1,332 | +€1,332 | |
| Profit (loss) for the period | 9904 | €2,624 | €3,108 | +€484 | +18.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,624 | €3,108 | +€484 | +18.4% |
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 17 October 2026 via checked.be.