COVER HOME: 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.
COVER HOME
Largest movements
- Cash +€22,204
up €22,204 (+164%), from €13,515 to €35,719
mainly Accrued charges and deferred income (+€25,000) and Other debts (+€9,024)
- Receivables within one year -€5,339
down €5,339 (-11.6%), from €46,051 to €40,713
of which Other amounts receivable: -€4,239
- Tangible fixed assets +€1,085
up €1,085 (+78.4%), from €1,384 to €2,469
- Trade debts -€28,374
down €28,374 (-74.1%), from €38,278 to €9,905
- Accrued charges and deferred income +€25,000
new in 2025: €25,000
- Other debts +€9,024
up €9,024 (+27.3%), from €33,081 to €42,105
- Profit (loss) carried forward +€6,279
up €6,279 (+24.4%), from -€25,689 to -€19,410
- Tax, wage and social debts +€5,822
up €5,822 (+970%), from €600 to €6,422
- Other operating charges -€4,169
down €4,169 (-87.0%), from €4,790 to €621
- Gross operating margin +€2,425
up €2,425 (+27.0%), from €8,986 to €11,411
- Taxes +€1,841
up €1,841 (+307%), from €600 to €2,441
- Financial charges -€524
down €524 (-28.8%), from €1,817 to €1,293
- Depreciation +€163
up €163 (+22.9%), from €709 to €871
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 | €62,825 | €80,577 | +€17,751 | +28.3% |
| Fixed assets | 21/28 | €2,500 | €3,585 | +€1,085 | +43.4% |
| Tangible fixed assets | 22/27 | €1,384 | €2,469 | +€1,085 | +78.4% |
| Plant, machinery and equipment | 23 | €1,384 | €2,469 | +€1,085 | +78.4% |
| Financial fixed assets | 28 | €1,116 | €1,116 | = | 0.0% |
| Current assets | 29/58 | €60,325 | €76,992 | +€16,666 | +27.6% |
| Amounts receivable within one year | 40/41 | €46,051 | €40,713 | -€5,339 | -11.6% |
| Trade receivables | 40 | €41,813 | €40,713 | -€1,100 | -2.6% |
| Other amounts receivable | 41 | €4,239 | - | -€4,239 | |
| Cash at bank and in hand | 54/58 | €13,515 | €35,719 | +€22,204 | +164% |
| Deferred charges and accrued income | 490/1 | €759 | €560 | -€198 | -26.2% |
| Total equity and liabilities | 10/49 | €62,825 | €80,577 | +€17,751 | +28.3% |
| Equity | 10/15 | -€9,134 | -€2,855 | +€6,279 | +68.7% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €10,358 | €10,358 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €8,498 | €8,498 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,689 | -€19,410 | +€6,279 | +24.4% |
| Amounts payable | 17/49 | €71,959 | €83,432 | +€11,473 | +15.9% |
| Amounts payable within one year | 42/48 | €71,959 | €58,432 | -€13,527 | -18.8% |
| Trade debts | 44 | €38,278 | €9,905 | -€28,374 | -74.1% |
| Suppliers | 440/4 | €38,278 | €9,905 | -€28,374 | -74.1% |
| Taxes, remuneration and social security | 45 | €600 | €6,422 | +€5,822 | +970% |
| Taxes | 450/3 | €600 | €6,422 | +€5,822 | +970% |
| Other amounts payable | 47/48 | €33,081 | €42,105 | +€9,024 | +27.3% |
| Accrued charges and deferred income | 492/3 | - | €25,000 | +€25,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €709 | €871 | +€163 | +22.9% |
| Other operating charges | 640/8 | €4,790 | €621 | -€4,169 | -87.0% |
| Gross operating margin | 9900 | €8,986 | €11,411 | +€2,425 | +27.0% |
| Operating profit (loss) | 9901 | €3,488 | €9,919 | +€6,432 | +184% |
| Financial income | 75/76B | €10 | €94 | +€84 | +835% |
| Recurring financial income | 75 | €10 | €94 | +€84 | +835% |
| Financial charges | 65/66B | €1,817 | €1,293 | -€524 | -28.8% |
| Recurring financial charges | 65 | €1,817 | €1,293 | -€524 | -28.8% |
| Profit (loss) for the period before taxes | 9903 | €1,681 | €8,720 | +€7,039 | +419% |
| Income taxes | 67/77 | €600 | €2,441 | +€1,841 | +307% |
| Profit (loss) for the period | 9904 | €1,081 | €6,279 | +€5,198 | +481% |
| Profit (loss) for the period to be appropriated | 9905 | €1,081 | €6,279 | +€5,198 | +481% |
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 25 October 2026 via checked.be.