CompanyWise: 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.
CompanyWise
Largest movements
- Tangible fixed assets +€56,110
up €56,110 (+539%), from €10,414 to €66,524
of which Leasing and similar rights: +€62,839
- Current investments +€16,042
up €16,042 (+12.6%), from €127,760 to €143,802
- Receivables within one year +€8,880
up €8,880 (+62.4%), from €14,221 to €23,100
of which Trade receivables: +€9,062
- Debts after one year +€34,074
new in 2025: €34,074
- Reserves +€23,452
up €23,452 (+29.4%), from €79,633 to €103,085
- Tax, wage and social debts +€12,184
up €12,184 (+145%), from €8,378 to €20,562
- Current portion of long-term debt +€9,740
new in 2025: €9,740
- Gross operating margin +€23,088
up €23,088 (+61.9%), from €37,287 to €60,375
- Depreciation +€6,185
up €6,185 (+131%), from €4,724 to €10,909
- Taxes +€5,378
up €5,378 (+51.5%), from €10,437 to €15,815
- Other operating charges +€2,248
up €2,248 (+163%), from €1,383 to €3,631
- Financial charges +€1,180
up €1,180 (+431%), from €274 to €1,453
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 | €165,673 | €246,289 | +€80,616 | +48.7% |
| Fixed assets | 21/28 | €10,414 | €66,524 | +€56,110 | +539% |
| Tangible fixed assets | 22/27 | €10,414 | €66,524 | +€56,110 | +539% |
| Plant, machinery and equipment | 23 | €2,664 | €2,364 | -€300 | -11.2% |
| Furniture and vehicles | 24 | €7,751 | €1,321 | -€6,429 | -83.0% |
| Leasing and similar rights | 25 | - | €62,839 | +€62,839 | |
| Current assets | 29/58 | €155,259 | €179,765 | +€24,506 | +15.8% |
| Amounts receivable within one year | 40/41 | €14,221 | €23,100 | +€8,880 | +62.4% |
| Trade receivables | 40 | €13,789 | €22,851 | +€9,062 | +65.7% |
| Other amounts receivable | 41 | €432 | €249 | -€182 | -42.2% |
| Current investments | 50/53 | €127,760 | €143,802 | +€16,042 | +12.6% |
| Cash at bank and in hand | 54/58 | €11,649 | €11,664 | +€14 | +0.1% |
| Deferred charges and accrued income | 490/1 | €1,629 | €1,199 | -€431 | -26.4% |
| Total equity and liabilities | 10/49 | €165,673 | €246,289 | +€80,616 | +48.7% |
| Equity | 10/15 | €154,633 | €178,085 | +€23,452 | +15.2% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €79,633 | €103,085 | +€23,452 | +29.4% |
| Distributable reserves | 133 | €79,633 | €103,085 | +€23,452 | +29.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €11,040 | €68,204 | +€57,164 | +518% |
| Amounts payable after more than one year | 17 | - | €34,074 | +€34,074 | |
| Financial debts | 170/4 | - | €34,074 | +€34,074 | |
| Amounts payable within one year | 42/48 | €11,040 | €34,130 | +€23,090 | +209% |
| Current portion of amounts payable after more than one year | 42 | - | €9,740 | +€9,740 | |
| Financial debts | 43 | - | €20 | +€20 | |
| Credit institutions | 430/8 | - | €20 | +€20 | |
| Trade debts | 44 | €2,582 | €3,805 | +€1,222 | +47.3% |
| Suppliers | 440/4 | €2,582 | €3,805 | +€1,222 | +47.3% |
| Taxes, remuneration and social security | 45 | €8,378 | €20,562 | +€12,184 | +145% |
| Taxes | 450/3 | €8,378 | €20,562 | +€12,184 | +145% |
| Other amounts payable | 47/48 | €80 | €3 | -€77 | -96.2% |
| Non-recurring operating income | 76A | - | €22,344 | +€22,344 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,724 | €10,909 | +€6,185 | +131% |
| Other operating charges | 640/8 | €1,383 | €3,631 | +€2,248 | +163% |
| Gross operating margin | 9900 | €37,287 | €60,375 | +€23,088 | +61.9% |
| Operating profit (loss) | 9901 | €31,179 | €45,834 | +€14,655 | +47.0% |
| Financial income | 75/76B | €654 | €775 | +€121 | +18.4% |
| Recurring financial income | 75 | €654 | €775 | +€121 | +18.4% |
| Financial charges | 65/66B | €274 | €1,453 | +€1,180 | +431% |
| Recurring financial charges | 65 | €274 | €1,453 | +€1,180 | +431% |
| Profit (loss) for the period before taxes | 9903 | €31,560 | €45,156 | +€13,596 | +43.1% |
| Income taxes | 67/77 | €10,437 | €15,815 | +€5,378 | +51.5% |
| Profit (loss) for the period | 9904 | €21,123 | €29,341 | +€8,218 | +38.9% |
| Profit (loss) for the period to be appropriated | 9905 | €21,123 | €29,341 | +€8,218 | +38.9% |
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 23 October 2026 via checked.be.