COMMON SENSE 33: 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.
COMMON SENSE 33
Largest movements
- Receivables within one year +€12,556
up €12,556 (+38.0%), from €33,027 to €45,583
of which Other amounts receivable: +€14,059
- Cash +€6,006
new in 2025: €6,006
mainly Net result for the year (+€20,377) and Depreciation (+€2,842)
- Tangible fixed assets +€1,012
up €1,012 (+7.7%), from €13,072 to €14,083
- Profit (loss) carried forward +€20,377
up €20,377 (+23.7%), from -€86,005 to -€65,628
- Short-term financial debts -€2,584
no longer reported in 2025 (was €2,584)
- Tax, wage and social debts +€1,314
up €1,314 (+15.2%), from €8,644 to €9,958
- Gross operating margin +€16,140
up €16,140 (+109%), from €14,757 to €30,896
- Taxes +€6,706
up €6,706 (+1,686%), from €398 to €7,104
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 | €47,310 | €66,863 | +€19,552 | +41.3% |
| Fixed assets | 21/28 | €13,072 | €14,083 | +€1,012 | +7.7% |
| Tangible fixed assets | 22/27 | €13,072 | €14,083 | +€1,012 | +7.7% |
| Furniture and vehicles | 24 | €13,072 | €14,083 | +€1,012 | +7.7% |
| Current assets | 29/58 | €34,239 | €52,780 | +€18,541 | +54.2% |
| Amounts receivable within one year | 40/41 | €33,027 | €45,583 | +€12,556 | +38.0% |
| Trade receivables | 40 | €12,174 | €10,670 | -€1,503 | -12.3% |
| Other amounts receivable | 41 | €20,854 | €34,913 | +€14,059 | +67.4% |
| Cash at bank and in hand | 54/58 | - | €6,006 | +€6,006 | |
| Deferred charges and accrued income | 490/1 | €1,212 | €1,191 | -€21 | -1.7% |
| Total equity and liabilities | 10/49 | €47,310 | €66,863 | +€19,552 | +41.3% |
| Equity | 10/15 | -€67,405 | -€47,028 | +€20,377 | +30.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€86,005 | -€65,628 | +€20,377 | +23.7% |
| Provisions and deferred taxes | 16 | €99,393 | €99,393 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €99,393 | €99,393 | = | 0.0% |
| Pensions and similar obligations | 160 | €99,393 | €99,393 | = | 0.0% |
| Amounts payable | 17/49 | €15,322 | €14,498 | -€825 | -5.4% |
| Amounts payable within one year | 42/48 | €15,322 | €14,498 | -€825 | -5.4% |
| Financial debts | 43 | €2,584 | - | -€2,584 | |
| Credit institutions | 430/8 | €2,584 | - | -€2,584 | |
| Trade debts | 44 | €4,095 | €4,540 | +€445 | +10.9% |
| Suppliers | 440/4 | €4,095 | €4,540 | +€445 | +10.9% |
| Taxes, remuneration and social security | 45 | €8,644 | €9,958 | +€1,314 | +15.2% |
| Taxes | 450/3 | €8,644 | €9,958 | +€1,314 | +15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,601 | €2,842 | +€241 | +9.3% |
| Other operating charges | 640/8 | €505 | €520 | +€15 | +3.0% |
| Gross operating margin | 9900 | €14,757 | €30,896 | +€16,140 | +109% |
| Operating profit (loss) | 9901 | €11,651 | €27,534 | +€15,883 | +136% |
| Financial income | 75/76B | €1,323 | €1,484 | +€161 | +12.2% |
| Recurring financial income | 75 | €1,323 | €1,484 | +€161 | +12.2% |
| Financial charges | 65/66B | €1,639 | €1,537 | -€102 | -6.2% |
| Recurring financial charges | 65 | €1,639 | €1,537 | -€102 | -6.2% |
| Profit (loss) for the period before taxes | 9903 | €11,334 | €27,481 | +€16,147 | +142% |
| Income taxes | 67/77 | €398 | €7,104 | +€6,706 | +1,686% |
| Profit (loss) for the period | 9904 | €10,936 | €20,377 | +€9,441 | +86.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,936 | €20,377 | +€9,441 | +86.3% |
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 27 October 2026 via checked.be.