curious and keen: 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.
curious and keen
Largest movements
- Cash +€65,950
up €65,950 (+120%), from €55,060 to €121,010
mainly Net result for the year (+€70,510) and Other debts (+€51,112)
- Tangible fixed assets +€4,257
new in 2025: €4,257
- Other debts +€51,112
up €51,112 (+110%), from €46,309 to €97,421
- Short-term financial debts +€14,678
up €14,678 (+3,583%), from €410 to €15,088
- Accrued charges and deferred income +€2,274
new in 2025: €2,274
- Trade debts +€2,190
up €2,190 (+137%), from €1,600 to €3,790
- Gross operating margin +€25,248
up €25,248 (+37.9%), from €66,606 to €91,854
- Taxes +€14,874
up €14,874 (+595%), from €2,500 to €17,374
- Financial charges +€2,567
up €2,567 (+2,096%), from €123 to €2,690
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 | €73,049 | €144,927 | +€71,878 | +98.4% |
| Fixed assets | 21/28 | - | €4,257 | +€4,257 | |
| Tangible fixed assets | 22/27 | - | €4,257 | +€4,257 | |
| Furniture and vehicles | 24 | - | €4,257 | +€4,257 | |
| Current assets | 29/58 | €73,049 | €140,670 | +€67,621 | +92.6% |
| Amounts receivable within one year | 40/41 | €17,989 | €18,235 | +€246 | +1.4% |
| Trade receivables | 40 | €15,786 | €17,040 | +€1,254 | +7.9% |
| Other amounts receivable | 41 | €2,203 | €1,195 | -€1,008 | -45.8% |
| Cash at bank and in hand | 54/58 | €55,060 | €121,010 | +€65,950 | +120% |
| Deferred charges and accrued income | 490/1 | - | €1,425 | +€1,425 | |
| Total equity and liabilities | 10/49 | €73,049 | €144,927 | +€71,878 | +98.4% |
| Equity | 10/15 | €15,192 | €15,703 | +€510 | +3.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,192 | €5,703 | +€510 | +9.8% |
| Amounts payable | 17/49 | €57,856 | €129,224 | +€71,368 | +123% |
| Amounts payable within one year | 42/48 | €57,856 | €126,950 | +€69,094 | +119% |
| Financial debts | 43 | €410 | €15,088 | +€14,678 | +3,583% |
| Credit institutions | 430/8 | €410 | €15,088 | +€14,678 | +3,583% |
| Trade debts | 44 | €1,600 | €3,790 | +€2,190 | +137% |
| Suppliers | 440/4 | €1,600 | €3,790 | +€2,190 | +137% |
| Taxes, remuneration and social security | 45 | €9,538 | €10,651 | +€1,113 | +11.7% |
| Taxes | 450/3 | €9,538 | €10,651 | +€1,113 | +11.7% |
| Other amounts payable | 47/48 | €46,309 | €97,421 | +€51,112 | +110% |
| Accrued charges and deferred income | 492/3 | - | €2,274 | +€2,274 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €775 | +€775 | |
| Other operating charges | 640/8 | €603 | €505 | -€97 | -16.1% |
| Gross operating margin | 9900 | €66,606 | €91,854 | +€25,248 | +37.9% |
| Operating profit (loss) | 9901 | €66,003 | €90,573 | +€24,570 | +37.2% |
| Financial charges | 65/66B | €123 | €2,690 | +€2,567 | +2,096% |
| Recurring financial charges | 65 | €123 | €2,690 | +€2,567 | +2,096% |
| Profit (loss) for the period before taxes | 9903 | €65,881 | €87,884 | +€22,003 | +33.4% |
| Income taxes | 67/77 | €2,500 | €17,374 | +€14,874 | +595% |
| Profit (loss) for the period | 9904 | €63,381 | €70,510 | +€7,129 | +11.2% |
| Profit (loss) for the period to be appropriated | 9905 | €63,381 | €70,510 | +€7,129 | +11.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.