CY: what changed
Two fiscal 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.
CY
Largest movements
- Cash +€11,239
up €11,239 (+15.9%), from €70,767 to €82,005
mainly Net result for the year (+€49,493) and Tax, wage and social debts (+€4,000)
- Tangible fixed assets -€1,954
down €1,954 (-61.5%), from €3,179 to €1,225
- Deferred charges and accrued income -€1,357
down €1,357 (-54.3%), from €2,501 to €1,143
- Profit (loss) carried forward +€24,493
up €24,493 (+69.5%), from €35,257 to €59,750
- Reserves -€16,000
no longer reported in 2025 (was €16,000)
- Other debts -€6,987
down €6,987 (-15.9%), from €44,020 to €37,033
- Tax, wage and social debts +€4,000
up €4,000 (+307.7%), from €1,300 to €5,300
- Trade debts +€1,367
up €1,367 (+32.6%), from €4,192 to €5,559
- Gross operating margin +€28,992
up €28,992 (+81.0%), from €35,773 to €64,765
- Taxes +€6,150
up €6,150 (+90.0%), from €6,834 to €12,983
- Depreciation -€1,869
down €1,869 (-54.8%), from €3,414 to €1,545
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 | €100,771 | €107,643 | +€6,872 | +6.8% |
| Fixed assets | 21/28 | €3,179 | €1,225 | -€1,954 | -61.5% |
| Tangible fixed assets | 22/27 | €3,179 | €1,225 | -€1,954 | -61.5% |
| Furniture and vehicles | 24 | €3,179 | €1,225 | -€1,954 | -61.5% |
| Current assets | 29/58 | €97,592 | €106,418 | +€8,826 | +9.0% |
| Amounts receivable within one year | 40/41 | €24,324 | €23,269 | -€1,055 | -4.3% |
| Trade receivables | 40 | €13,158 | €13,153 | -€5 | 0.0% |
| Other amounts receivable | 41 | €11,166 | €10,117 | -€1,050 | -9.4% |
| Cash at bank and in hand | 54/58 | €70,767 | €82,005 | +€11,239 | +15.9% |
| Deferred charges and accrued income | 490/1 | €2,501 | €1,143 | -€1,357 | -54.3% |
| Total equity and liabilities | 10/49 | €100,771 | €107,643 | +€6,872 | +6.8% |
| Equity | 10/15 | €51,258 | €59,751 | +€8,493 | +16.6% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €16,000 | - | -€16,000 | |
| Distributable reserves | 133 | €16,000 | - | -€16,000 | |
| Profit (loss) carried forward | 14 | €35,257 | €59,750 | +€24,493 | +69.5% |
| Amounts payable | 17/49 | €49,513 | €47,892 | -€1,621 | -3.3% |
| Amounts payable within one year | 42/48 | €49,513 | €47,892 | -€1,621 | -3.3% |
| Trade debts | 44 | €4,192 | €5,559 | +€1,367 | +32.6% |
| Suppliers | 440/4 | €4,192 | €5,559 | +€1,367 | +32.6% |
| Taxes, remuneration and social security | 45 | €1,300 | €5,300 | +€4,000 | +307.7% |
| Taxes | 450/3 | €1,300 | €5,300 | +€4,000 | +307.7% |
| Other amounts payable | 47/48 | €44,020 | €37,033 | -€6,987 | -15.9% |
| Non-recurring operating income | 76A | - | €8,950 | +€8,950 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,414 | €1,545 | -€1,869 | -54.8% |
| Other operating charges | 640/8 | €1,388 | €992 | -€396 | -28.5% |
| Gross operating margin | 9900 | €35,773 | €64,765 | +€28,992 | +81.0% |
| Operating profit (loss) | 9901 | €30,971 | €62,229 | +€31,257 | +100.9% |
| Financial income | 75/76B | €180 | €300 | +€120 | +66.2% |
| Recurring financial income | 75 | €180 | €300 | +€120 | +66.2% |
| Financial charges | 65/66B | €56 | €52 | -€3 | -6.2% |
| Recurring financial charges | 65 | €56 | €52 | -€3 | -6.2% |
| Profit (loss) for the period before taxes | 9903 | €31,096 | €62,476 | +€31,380 | +100.9% |
| Income taxes | 67/77 | €6,834 | €12,983 | +€6,150 | +90.0% |
| Profit (loss) for the period | 9904 | €24,263 | €49,493 | +€25,231 | +104.0% |
| Profit (loss) for the period to be appropriated | 9905 | €24,263 | €49,493 | +€25,231 | +104.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.