Compelling Selling: 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.
Compelling Selling
Largest movements
- Cash +€39,750
up €39,750 (+32.6%), from €121,784 to €161,534
mainly Net result for the year (+€65,942) and Depreciation (+€12,739)
- Current investments +€16,000
new in 2025: €16,000
- Receivables within one year +€14,946
up €14,946 (+39.6%), from €37,701 to €52,647
of which Trade receivables: +€8,191
- Tangible fixed assets -€12,739
down €12,739 (-23.5%), from €54,126 to €41,387
of which Furniture and vehicles: -€11,059
- Reserves +€65,942
up €65,942 (+44.8%), from €147,297 to €213,239
- Debts after one year -€7,913
down €7,913 (-29.5%), from €26,854 to €18,941
- Gross operating margin -€11,299
down €11,299 (-10.2%), from €110,323 to €99,024
- Taxes -€2,598
down €2,598 (-12.2%), from €21,211 to €18,613
- Depreciation +€2,145
up €2,145 (+20.3%), from €10,593 to €12,739
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 | €216,376 | €272,916 | +€56,541 | +26.1% |
| Fixed assets | 21/28 | €54,126 | €41,387 | -€12,739 | -23.5% |
| Tangible fixed assets | 22/27 | €54,126 | €41,387 | -€12,739 | -23.5% |
| Plant, machinery and equipment | 23 | €4,788 | €3,438 | -€1,351 | -28.2% |
| Furniture and vehicles | 24 | €46,382 | €35,323 | -€11,059 | -23.8% |
| Other tangible fixed assets | 26 | €2,955 | €2,626 | -€329 | -11.1% |
| Current assets | 29/58 | €162,250 | €231,529 | +€69,279 | +42.7% |
| Amounts receivable within one year | 40/41 | €37,701 | €52,647 | +€14,946 | +39.6% |
| Trade receivables | 40 | €37,127 | €45,319 | +€8,191 | +22.1% |
| Other amounts receivable | 41 | €573 | €7,328 | +€6,755 | +1,178% |
| Current investments | 50/53 | - | €16,000 | +€16,000 | |
| Cash at bank and in hand | 54/58 | €121,784 | €161,534 | +€39,750 | +32.6% |
| Deferred charges and accrued income | 490/1 | €2,766 | €1,349 | -€1,417 | -51.2% |
| Total equity and liabilities | 10/49 | €216,376 | €272,916 | +€56,541 | +26.1% |
| Equity | 10/15 | €149,797 | €215,739 | +€65,942 | +44.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €147,297 | €213,239 | +€65,942 | +44.8% |
| Distributable reserves | 133 | €147,297 | €213,239 | +€65,942 | +44.8% |
| Amounts payable | 17/49 | €66,579 | €57,177 | -€9,401 | -14.1% |
| Amounts payable after more than one year | 17 | €26,854 | €18,941 | -€7,913 | -29.5% |
| Financial debts | 170/4 | €26,854 | €18,941 | -€7,913 | -29.5% |
| Amounts payable within one year | 42/48 | €39,594 | €38,231 | -€1,362 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | €7,619 | €7,913 | +€295 | +3.9% |
| Trade debts | 44 | €2,361 | €2,755 | +€395 | +16.7% |
| Suppliers | 440/4 | €2,361 | €2,755 | +€395 | +16.7% |
| Taxes, remuneration and social security | 45 | €29,614 | €27,563 | -€2,052 | -6.9% |
| Taxes | 450/3 | €29,614 | €27,563 | -€2,052 | -6.9% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €131 | €5 | -€126 | -96.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,593 | €12,739 | +€2,145 | +20.3% |
| Other operating charges | 640/8 | €526 | €388 | -€138 | -26.2% |
| Gross operating margin | 9900 | €110,323 | €99,024 | -€11,299 | -10.2% |
| Operating profit (loss) | 9901 | €99,203 | €85,897 | -€13,306 | -13.4% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €1,342 | €1,342 | -€0 | 0.0% |
| Recurring financial charges | 65 | €1,342 | €1,342 | -€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €97,861 | €84,555 | -€13,306 | -13.6% |
| Income taxes | 67/77 | €21,211 | €18,613 | -€2,598 | -12.2% |
| Profit (loss) for the period | 9904 | €76,651 | €65,942 | -€10,709 | -14.0% |
| Profit (loss) for the period to be appropriated | 9905 | €76,651 | €65,942 | -€10,709 | -14.0% |
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 21 October 2026 via checked.be.