Correct Products: 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.
Correct Products
Largest movements
- Receivables within one year -€5,834
down €5,834 (-16.7%), from €35,029 to €29,195
of which Trade receivables: -€11,933
- Cash +€3,416
up €3,416 (+342.1%), from €999 to €4,415
mainly Net result for the year (+€6,592) and Receivables within one year (+€5,834)
- Current investments +€3,271
up €3,271 (+418.7%), from €781 to €4,052
- Financial fixed assets +€3,000
new in 2025: €3,000
- Other debts -€8,166
no longer reported in 2025 (was €8,166)
- Reserves +€6,592
up €6,592 (+28.2%), from €23,350 to €29,943
- Tax, wage and social debts +€3,311
up €3,311 (+97.0%), from €3,415 to €6,726
- Trade debts +€1,756
up €1,756 (+208.8%), from €841 to €2,598
- Turnover +€94,421
new in 2025: €94,421
- Purchases and services +€76,181
new in 2025: €76,181
- Taxes +€7,001
up €7,001 (+230.5%), from €3,038 to €10,039
- Gross operating margin -€1,032
down €1,032 (-5.4%), from €19,272 to €18,240
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 | €37,772 | €41,266 | +€3,494 | +9.3% |
| Fixed assets | 21/28 | - | €3,000 | +€3,000 | |
| Financial fixed assets | 28 | - | €3,000 | +€3,000 | |
| Current assets | 29/58 | €37,772 | €38,266 | +€494 | +1.3% |
| Amounts receivable within one year | 40/41 | €35,029 | €29,195 | -€5,834 | -16.7% |
| Trade receivables | 40 | €34,846 | €22,912 | -€11,933 | -34.2% |
| Other amounts receivable | 41 | €184 | €6,283 | +€6,099 | +3323.2% |
| Current investments | 50/53 | €781 | €4,052 | +€3,271 | +418.7% |
| Cash at bank and in hand | 54/58 | €999 | €4,415 | +€3,416 | +342.1% |
| Deferred charges and accrued income | 490/1 | €963 | €605 | -€358 | -37.2% |
| Total equity and liabilities | 10/49 | €37,772 | €41,266 | +€3,494 | +9.3% |
| Equity | 10/15 | €25,350 | €31,943 | +€6,592 | +26.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €23,350 | €29,943 | +€6,592 | +28.2% |
| Distributable reserves | 133 | €23,350 | €29,943 | +€6,592 | +28.2% |
| Amounts payable | 17/49 | €12,422 | €9,324 | -€3,098 | -24.9% |
| Amounts payable within one year | 42/48 | €12,422 | €9,324 | -€3,098 | -24.9% |
| Trade debts | 44 | €841 | €2,598 | +€1,756 | +208.8% |
| Suppliers | 440/4 | €841 | €2,598 | +€1,756 | +208.8% |
| Taxes, remuneration and social security | 45 | €3,415 | €6,726 | +€3,311 | +97.0% |
| Taxes | 450/3 | €3,415 | €6,726 | +€3,311 | +97.0% |
| Other amounts payable | 47/48 | €8,166 | - | -€8,166 | |
| Turnover | 70 | - | €94,421 | +€94,421 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €76,181 | +€76,181 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €780 | - | -€780 | |
| Other operating charges | 640/8 | €1,432 | €870 | -€562 | -39.2% |
| Gross operating margin | 9900 | €19,272 | €18,240 | -€1,032 | -5.4% |
| Operating profit (loss) | 9901 | €17,060 | €17,369 | +€310 | +1.8% |
| Financial income | 75/76B | €66 | €6 | -€60 | -90.7% |
| Recurring financial income | 75 | €66 | €6 | -€60 | -90.7% |
| Financial charges | 65/66B | €92 | €745 | +€652 | +707.7% |
| Recurring financial charges | 65 | €92 | €745 | +€652 | +707.7% |
| Profit (loss) for the period before taxes | 9903 | €17,034 | €16,631 | -€403 | -2.4% |
| Income taxes | 67/77 | €3,038 | €10,039 | +€7,001 | +230.5% |
| Profit (loss) for the period | 9904 | €13,996 | €6,592 | -€7,404 | -52.9% |
| Profit (loss) for the period to be appropriated | 9905 | €13,996 | €6,592 | -€7,404 | -52.9% |
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 11 October 2026 via checked.be.