CONCEPTBOX: what changed
Two fiscal 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.
CONCEPTBOX
Largest movements
- Receivables within one year +€19,632
up €19,632 (+93.3%), from €21,047 to €40,679
of which Trade receivables: +€12,707
- Intangible fixed assets +€2,609
up €2,609 (+227.5%), from €1,147 to €3,756
- Reserves +€18,210
up €18,210 (+41.9%), from €43,491 to €61,701
- Trade debts +€5,123
up €5,123 (+280.3%), from €1,828 to €6,951
- Other debts -€3,330
no longer reported in 2025 (was €3,330)
- Tax, wage and social debts +€3,272
up €3,272 (+59.4%), from €5,511 to €8,783
- Gross operating margin +€13,626
up €13,626 (+46.1%), from €29,570 to €43,196
- Taxes +€3,245
up €3,245 (+69.8%), from €4,647 to €7,892
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.
Cash bridge derived
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 | €72,540 | €95,239 | +€22,699 | +31.3% |
| Fixed assets | 21/28 | €26,931 | €29,488 | +€2,557 | +9.5% |
| Intangible fixed assets | 21 | €1,147 | €3,756 | +€2,609 | +227.5% |
| Tangible fixed assets | 22/27 | €25,759 | €25,707 | -€52 | -0.2% |
| Plant, machinery and equipment | 23 | €3,254 | €7,811 | +€4,557 | +140.0% |
| Furniture and vehicles | 24 | €11,866 | €12,726 | +€860 | +7.2% |
| Other tangible fixed assets | 26 | €10,639 | €5,170 | -€5,469 | -51.4% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €45,609 | €65,751 | +€20,142 | +44.2% |
| Amounts receivable within one year | 40/41 | €21,047 | €40,679 | +€19,632 | +93.3% |
| Trade receivables | 40 | €11,406 | €24,113 | +€12,707 | +111.4% |
| Other amounts receivable | 41 | €9,641 | €16,566 | +€6,925 | +71.8% |
| Cash at bank and in hand | 54/58 | €22,275 | €23,003 | +€728 | +3.3% |
| Deferred charges and accrued income | 490/1 | €2,287 | €2,069 | -€218 | -9.5% |
| Total equity and liabilities | 10/49 | €72,540 | €95,239 | +€22,699 | +31.3% |
| Equity | 10/15 | €58,725 | €76,935 | +€18,210 | +31.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €43,491 | €61,701 | +€18,210 | +41.9% |
| Distributable reserves | 133 | €43,491 | €61,701 | +€18,210 | +41.9% |
| Profit (loss) carried forward | 14 | €2,834 | €2,834 | = | 0.0% |
| Amounts payable | 17/49 | €13,815 | €18,304 | +€4,489 | +32.5% |
| Amounts payable within one year | 42/48 | €13,242 | €18,299 | +€5,057 | +38.2% |
| Current portion of amounts payable after more than one year | 42 | €2,573 | €2,565 | -€8 | -0.3% |
| Trade debts | 44 | €1,828 | €6,951 | +€5,123 | +280.3% |
| Suppliers | 440/4 | €1,828 | €6,951 | +€5,123 | +280.3% |
| Taxes, remuneration and social security | 45 | €5,511 | €8,783 | +€3,272 | +59.4% |
| Taxes | 450/3 | €5,511 | €8,783 | +€3,272 | +59.4% |
| Other amounts payable | 47/48 | €3,330 | - | -€3,330 | |
| Accrued charges and deferred income | 492/3 | €573 | €5 | -€568 | -99.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,534 | €14,156 | -€378 | -2.6% |
| Other operating charges | 640/8 | €738 | €700 | -€38 | -5.1% |
| Non-recurring operating charges | 66A | €170 | - | -€170 | |
| Gross operating margin | 9900 | €29,570 | €43,196 | +€13,626 | +46.1% |
| Operating profit (loss) | 9901 | €14,128 | €28,340 | +€14,212 | +100.6% |
| Financial income | 75/76B | €347 | €570 | +€223 | +64.3% |
| Recurring financial income | 75 | €347 | €570 | +€223 | +64.3% |
| Financial charges | 65/66B | €2,497 | €2,808 | +€311 | +12.5% |
| Recurring financial charges | 65 | €2,497 | €2,808 | +€311 | +12.5% |
| Profit (loss) for the period before taxes | 9903 | €11,978 | €26,102 | +€14,124 | +117.9% |
| Income taxes | 67/77 | €4,647 | €7,892 | +€3,245 | +69.8% |
| Profit (loss) for the period | 9904 | €7,331 | €18,210 | +€10,879 | +148.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,331 | €18,210 | +€10,879 | +148.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.