CRUNCHLAB: 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.
CRUNCHLAB
Largest movements
- Receivables within one year +€30,045
up €30,045 (+189%), from €15,895 to €45,940
of which Trade receivables: +€24,052
- Tangible fixed assets -€13,670
down €13,670 (-35.5%), from €38,559 to €24,889
of which Furniture and vehicles: -€15,565
- Cash +€11,265
up €11,265 (+26.0%), from €43,272 to €54,536
mainly Trade debts (+€28,602) and Depreciation (+€18,116)
- Trade debts +€28,602
up €28,602 (+628%), from €4,557 to €33,159
- Reserves +€17,000
up €17,000 (+63.8%), from €26,660 to €43,660
of which Distributable reserves: +€17,000
- Debts after one year -€13,053
down €13,053 (-85.6%), from €15,240 to €2,187
- Tax, wage and social debts -€5,374
down €5,374 (-32.0%), from €16,775 to €11,401
- Gross operating margin -€9,037
down €9,037 (-17.2%), from €52,430 to €43,393
- Taxes -€2,924
down €2,924 (-26.7%), from €10,966 to €8,041
- Depreciation +€1,401
up €1,401 (+8.4%), from €16,715 to €18,116
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 | €121,542 | €149,022 | +€27,480 | +22.6% |
| Fixed assets | 21/28 | €38,559 | €24,889 | -€13,670 | -35.5% |
| Tangible fixed assets | 22/27 | €38,559 | €24,889 | -€13,670 | -35.5% |
| Plant, machinery and equipment | 23 | €5,041 | €6,936 | +€1,895 | +37.6% |
| Furniture and vehicles | 24 | €33,518 | €17,953 | -€15,565 | -46.4% |
| Current assets | 29/58 | €82,983 | €124,133 | +€41,150 | +49.6% |
| Amounts receivable after more than one year | 29 | €20,000 | €20,000 | = | 0.0% |
| Other amounts receivable | 291 | €20,000 | €20,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €15,895 | €45,940 | +€30,045 | +189% |
| Trade receivables | 40 | €15,885 | €39,937 | +€24,052 | +151% |
| Other amounts receivable | 41 | €10 | €6,003 | +€5,994 | +63,026% |
| Cash at bank and in hand | 54/58 | €43,272 | €54,536 | +€11,265 | +26.0% |
| Deferred charges and accrued income | 490/1 | €3,816 | €3,656 | -€160 | -4.2% |
| Total equity and liabilities | 10/49 | €121,542 | €149,022 | +€27,480 | +22.6% |
| Equity | 10/15 | €71,698 | €89,222 | +€17,524 | +24.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €26,660 | €43,660 | +€17,000 | +63.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €24,800 | €41,800 | +€17,000 | +68.5% |
| Profit (loss) carried forward | 14 | €38,838 | €39,362 | +€524 | +1.3% |
| Amounts payable | 17/49 | €49,844 | €59,800 | +€9,956 | +20.0% |
| Amounts payable after more than one year | 17 | €15,240 | €2,187 | -€13,053 | -85.6% |
| Financial debts | 170/4 | €15,240 | €2,187 | -€13,053 | -85.6% |
| Amounts payable within one year | 42/48 | €34,604 | €57,613 | +€23,009 | +66.5% |
| Current portion of amounts payable after more than one year | 42 | €12,936 | €13,053 | +€117 | +0.9% |
| Trade debts | 44 | €4,557 | €33,159 | +€28,602 | +628% |
| Suppliers | 440/4 | €4,557 | €33,159 | +€28,602 | +628% |
| Taxes, remuneration and social security | 45 | €16,775 | €11,401 | -€5,374 | -32.0% |
| Taxes | 450/3 | €16,775 | €11,401 | -€5,374 | -32.0% |
| Other amounts payable | 47/48 | €337 | - | -€337 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,715 | €18,116 | +€1,401 | +8.4% |
| Other operating charges | 640/8 | €212 | €218 | +€6 | +2.8% |
| Gross operating margin | 9900 | €52,430 | €43,393 | -€9,037 | -17.2% |
| Operating profit (loss) | 9901 | €35,504 | €25,060 | -€10,443 | -29.4% |
| Financial income | 75/76B | €824 | €977 | +€154 | +18.7% |
| Recurring financial income | 75 | €824 | €977 | +€154 | +18.7% |
| Financial charges | 65/66B | €549 | €472 | -€77 | -14.0% |
| Recurring financial charges | 65 | €549 | €472 | -€77 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | €35,779 | €25,566 | -€10,213 | -28.5% |
| Income taxes | 67/77 | €10,966 | €8,041 | -€2,924 | -26.7% |
| Profit (loss) for the period | 9904 | €24,813 | €17,524 | -€7,289 | -29.4% |
| Profit (loss) for the period to be appropriated | 9905 | €24,813 | €17,524 | -€7,289 | -29.4% |
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 19 October 2026 via checked.be.