Connecting Thoughts: what changed
What changed
Connecting Thoughts
NACE 62.100, Computer programming
filed annual accounts (NBB)
Net result for the year
€93,203
2024 · €95,052-€1,849
Equity
€1,000
2024 · €1,000
Cash
€90,247
2024 · €115,142-€24,895
Balance sheet total
€123,750
2024 · €155,253-€31,503
Largest movements
Assets
- Cash -€24,895
down €24,895 (-21.6%), from €115,142 to €90,247
mainly Contributions, distributions and other (-€93,203) and Other debts (-€14,509)
- Receivables within one year -€5,212
down €5,212 (-15.1%), from €34,481 to €29,269
Equity and liabilities
- Other debts -€14,509
down €14,509 (-12.0%), from €121,366 to €106,857
- Trade debts -€13,101
down €13,101 (-95.3%), from €13,753 to €653
- Tax, wage and social debts -€4,487
down €4,487 (-24.9%), from €18,026 to €13,539
of which Taxes: -€4,859
Income statement
- Gross operating margin -€2,823
down €2,823 (-2.3%), from €123,726 to €120,903
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€95,052
Gross operating margin
-€2,823
Depreciation
+€219
Other operating charges
-€123
Financial income
+€11
Financial charges
-€144
Taxes
+€1,012
Result 2025
€93,203
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€67,714
Investment
€0
Financing
-€92,609
Cash 2024
€115,142
From operations (derived)
+€67,714
Net result for the year
+€93,203
Depreciation
+€1,257
Receivables within one year
+€5,212
Deferred charges and accrued income
+€139
Trade debts
-€13,101
Tax, wage and social debts
-€4,487
Other debts
-€14,509
Financing
-€92,609
Short-term financial debts
+€594
Contributions, distributions and other
-€93,203
Cash 2025
€90,247
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €155,253 | €123,750 | -€31,503 | -20.3% |
| Fixed assets | 21/28 | €3,209 | €1,952 | -€1,257 | -39.2% |
| Tangible fixed assets | 22/27 | €3,209 | €1,952 | -€1,257 | -39.2% |
| Plant, machinery and equipment | 23 | - | €1,952 | +€1,952 | |
| Furniture and vehicles | 24 | €3,209 | - | -€3,209 | |
| Current assets | 29/58 | €152,045 | €121,798 | -€30,246 | -19.9% |
| Amounts receivable within one year | 40/41 | €34,481 | €29,269 | -€5,212 | -15.1% |
| Trade receivables | 40 | €34,481 | €29,269 | -€5,212 | -15.1% |
| Cash at bank and in hand | 54/58 | €115,142 | €90,247 | -€24,895 | -21.6% |
| Deferred charges and accrued income | 490/1 | €2,421 | €2,283 | -€139 | -5.7% |
| Total equity and liabilities | 10/49 | €155,253 | €123,750 | -€31,503 | -20.3% |
| Equity | 10/15 | €1,000 | €1,000 | = | 0.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €154,253 | €122,750 | -€31,503 | -20.4% |
| Amounts payable within one year | 42/48 | €154,253 | €122,750 | -€31,503 | -20.4% |
| Financial debts | 43 | €1,108 | €1,701 | +€594 | +53.6% |
| Credit institutions | 430/8 | €1,108 | €1,701 | +€594 | +53.6% |
| Trade debts | 44 | €13,753 | €653 | -€13,101 | -95.3% |
| Suppliers | 440/4 | €13,753 | €653 | -€13,101 | -95.3% |
| Taxes, remuneration and social security | 45 | €18,026 | €13,539 | -€4,487 | -24.9% |
| Taxes | 450/3 | €14,824 | €9,965 | -€4,859 | -32.8% |
| Remuneration and social security | 454/9 | €3,203 | €3,574 | +€372 | +11.6% |
| Other amounts payable | 47/48 | €121,366 | €106,857 | -€14,509 | -12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,475 | €1,257 | -€219 | -14.8% |
| Other operating charges | 640/8 | €873 | €996 | +€123 | +14.1% |
| Gross operating margin | 9900 | €123,726 | €120,903 | -€2,823 | -2.3% |
| Operating profit (loss) | 9901 | €121,378 | €118,651 | -€2,727 | -2.2% |
| Financial income | 75/76B | - | €11 | +€11 | |
| Recurring financial income | 75 | - | €11 | +€11 | |
| Financial charges | 65/66B | €111 | €255 | +€144 | +130% |
| Recurring financial charges | 65 | €111 | €255 | +€144 | +130% |
| Profit (loss) for the period before taxes | 9903 | €121,267 | €118,406 | -€2,861 | -2.4% |
| Income taxes | 67/77 | €26,215 | €25,204 | -€1,012 | -3.9% |
| Profit (loss) for the period | 9904 | €95,052 | €93,203 | -€1,849 | -1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €95,052 | €93,203 | -€1,849 | -1.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.