Consult alt delete: 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.
Consult alt delete
Largest movements
- Tangible fixed assets -€11,218
down €11,218 (-92.5%), from €12,132 to €914
- Receivables within one year +€7,425
up €7,425 (+59.8%), from €12,425 to €19,850
of which Trade receivables: +€8,940
- Cash +€2,167
up €2,167 (+6.5%), from €33,213 to €35,379
mainly Net result for the year (+€47,228) and Depreciation (+€11,218)
- Current portion of long-term debt -€8,529
no longer reported in 2025 (was €8,529)
- Reserves +€6,944
new in 2025: €6,944
- Other debts -€783
down €783 (-1.9%), from €41,517 to €40,734
- Accrued charges and deferred income +€720
new in 2025: €720
- Gross operating margin +€11,667
up €11,667 (+19.5%), from €59,969 to €71,636
- Taxes +€2,808
up €2,808 (+28.3%), from €9,914 to €12,722
- Depreciation -€2,015
down €2,015 (-15.2%), from €13,233 to €11,218
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 | €58,290 | €56,143 | -€2,148 | -3.7% |
| Fixed assets | 21/28 | €12,132 | €914 | -€11,218 | -92.5% |
| Tangible fixed assets | 22/27 | €12,132 | €914 | -€11,218 | -92.5% |
| Furniture and vehicles | 24 | €12,132 | €914 | -€11,218 | -92.5% |
| Current assets | 29/58 | €46,159 | €55,229 | +€9,070 | +19.7% |
| Amounts receivable within one year | 40/41 | €12,425 | €19,850 | +€7,425 | +59.8% |
| Trade receivables | 40 | €10,164 | €19,104 | +€8,940 | +88.0% |
| Other amounts receivable | 41 | €2,261 | €745 | -€1,515 | -67.0% |
| Cash at bank and in hand | 54/58 | €33,213 | €35,379 | +€2,167 | +6.5% |
| Deferred charges and accrued income | 490/1 | €521 | - | -€521 | |
| Total equity and liabilities | 10/49 | €58,290 | €56,143 | -€2,148 | -3.7% |
| Equity | 10/15 | €4,275 | €10,944 | +€6,670 | +156% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | - | €6,944 | +€6,944 | |
| Distributable reserves | 133 | - | €6,944 | +€6,944 | |
| Profit (loss) carried forward | 14 | €275 | - | -€275 | |
| Amounts payable | 17/49 | €54,016 | €45,198 | -€8,817 | -16.3% |
| Amounts payable within one year | 42/48 | €54,016 | €44,478 | -€9,537 | -17.7% |
| Current portion of amounts payable after more than one year | 42 | €8,529 | - | -€8,529 | |
| Trade debts | 44 | €237 | €449 | +€212 | +89.6% |
| Suppliers | 440/4 | €237 | €449 | +€212 | +89.6% |
| Taxes, remuneration and social security | 45 | €3,733 | €3,295 | -€438 | -11.7% |
| Taxes | 450/3 | €3,733 | €3,295 | -€438 | -11.7% |
| Other amounts payable | 47/48 | €41,517 | €40,734 | -€783 | -1.9% |
| Accrued charges and deferred income | 492/3 | - | €720 | +€720 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,233 | €11,218 | -€2,015 | -15.2% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €59,969 | €71,636 | +€11,667 | +19.5% |
| Operating profit (loss) | 9901 | €46,230 | €59,899 | +€13,668 | +29.6% |
| Financial income | 75/76B | €353 | €222 | -€131 | -37.1% |
| Recurring financial income | 75 | €353 | €222 | -€131 | -37.1% |
| Financial charges | 65/66B | €292 | €171 | -€121 | -41.3% |
| Recurring financial charges | 65 | €292 | €171 | -€121 | -41.3% |
| Profit (loss) for the period before taxes | 9903 | €46,291 | €59,949 | +€13,658 | +29.5% |
| Income taxes | 67/77 | €9,914 | €12,722 | +€2,808 | +28.3% |
| Profit (loss) for the period | 9904 | €36,377 | €47,228 | +€10,850 | +29.8% |
| Profit (loss) for the period to be appropriated | 9905 | €36,377 | €47,228 | +€10,850 | +29.8% |
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 17 October 2026 via checked.be.