Countrybrand: 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.
Countrybrand
Largest movements
- Tangible fixed assets +€36,350
up €36,350 (+1,086%), from €3,346 to €39,696
of which Furniture and vehicles: +€37,080
- Receivables within one year +€25,341
up €25,341 (+120%), from €21,087 to €46,428
of which Trade receivables: +€16,202
- Cash +€12,283
up €12,283 (+86.0%), from €14,278 to €26,561
mainly Other debts (+€34,624) and Net result for the year (+€30,937)
- Deferred charges and accrued income +€3,889
up €3,889 (+119%), from €3,275 to €7,164
- Other debts +€34,624
up €34,624 (+644%), from €5,376 to €40,000
- Reserves +€30,937
new in 2025: €30,937
- Trade debts +€7,075
up €7,075 (+485%), from €1,458 to €8,533
- Tax, wage and social debts +€5,227
up €5,227 (+40.0%), from €13,062 to €18,290
- Gross operating margin +€23,735
up €23,735 (+76.3%), from €31,118 to €54,853
- Depreciation +€8,019
up €8,019 (+2,637%), from €304 to €8,323
- Taxes +€5,994
up €5,994 (+98.8%), from €6,065 to €12,059
- Other operating charges +€3,285
up €3,285 (+2,784%), from €118 to €3,403
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 | €46,986 | €124,849 | +€77,863 | +166% |
| Fixed assets | 21/28 | €8,346 | €44,696 | +€36,350 | +436% |
| Tangible fixed assets | 22/27 | €3,346 | €39,696 | +€36,350 | +1,086% |
| Plant, machinery and equipment | 23 | €3,346 | €2,616 | -€730 | -21.8% |
| Furniture and vehicles | 24 | - | €37,080 | +€37,080 | |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €38,640 | €80,153 | +€41,513 | +107% |
| Amounts receivable within one year | 40/41 | €21,087 | €46,428 | +€25,341 | +120% |
| Trade receivables | 40 | €5,663 | €21,865 | +€16,202 | +286% |
| Other amounts receivable | 41 | €15,424 | €24,563 | +€9,139 | +59.3% |
| Cash at bank and in hand | 54/58 | €14,278 | €26,561 | +€12,283 | +86.0% |
| Deferred charges and accrued income | 490/1 | €3,275 | €7,164 | +€3,889 | +119% |
| Total equity and liabilities | 10/49 | €46,986 | €124,849 | +€77,863 | +166% |
| Equity | 10/15 | €27,089 | €58,026 | +€30,937 | +114% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €30,937 | +€30,937 | |
| Distributable reserves | 133 | - | €30,937 | +€30,937 | |
| Profit (loss) carried forward | 14 | €24,589 | €24,589 | = | 0.0% |
| Amounts payable | 17/49 | €19,897 | €66,822 | +€46,926 | +236% |
| Amounts payable within one year | 42/48 | €19,897 | €66,822 | +€46,926 | +236% |
| Trade debts | 44 | €1,458 | €8,533 | +€7,075 | +485% |
| Suppliers | 440/4 | €1,458 | €8,533 | +€7,075 | +485% |
| Taxes, remuneration and social security | 45 | €13,062 | €18,290 | +€5,227 | +40.0% |
| Taxes | 450/3 | €13,062 | €18,290 | +€5,227 | +40.0% |
| Other amounts payable | 47/48 | €5,376 | €40,000 | +€34,624 | +644% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €304 | €8,323 | +€8,019 | +2,637% |
| Other operating charges | 640/8 | €118 | €3,403 | +€3,285 | +2,784% |
| Gross operating margin | 9900 | €31,118 | €54,853 | +€23,735 | +76.3% |
| Operating profit (loss) | 9901 | €30,696 | €43,127 | +€12,431 | +40.5% |
| Financial charges | 65/66B | €42 | €131 | +€89 | +211% |
| Recurring financial charges | 65 | €42 | €131 | +€89 | +211% |
| Profit (loss) for the period before taxes | 9903 | €30,654 | €42,996 | +€12,342 | +40.3% |
| Income taxes | 67/77 | €6,065 | €12,059 | +€5,994 | +98.8% |
| Profit (loss) for the period | 9904 | €24,589 | €30,937 | +€6,348 | +25.8% |
| Profit (loss) for the period to be appropriated | 9905 | €24,589 | €30,937 | +€6,348 | +25.8% |
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 30 October 2026 via checked.be.