D&Y. ADVICE: 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.
D&Y. ADVICE
Largest movements
- Cash -€32,835
down €32,835 (-21.1%), from €155,290 to €122,455
mainly Receivables within one year (-€28,060) and Contributions, distributions and other (-€20,000)
- Receivables within one year +€28,060
up €28,060 (+111%), from €25,215 to €53,274
of which Trade receivables: +€39,271
- Reserves +€25,000
up €25,000 (+22.5%), from €111,000 to €136,000
- Profit (loss) carried forward -€18,051
down €18,051 (-56.8%), from €31,776 to €13,725
- Other debts -€10,000
down €10,000 (-33.3%), from €30,000 to €20,000
- Tax, wage and social debts -€3,098
down €3,098 (-84.0%), from €3,688 to €590
- Gross operating margin -€38,334
down €38,334 (-48.5%), from €78,962 to €40,628
- Taxes -€5,300
down €5,300 (-34.2%), from €15,510 to €10,210
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 | €182,464 | €177,207 | -€5,257 | -2.9% |
| Fixed assets | 21/28 | €1,959 | €1,477 | -€482 | -24.6% |
| Tangible fixed assets | 22/27 | €1,959 | €1,477 | -€482 | -24.6% |
| Plant, machinery and equipment | 23 | €1,959 | €1,477 | -€482 | -24.6% |
| Current assets | 29/58 | €180,505 | €175,729 | -€4,775 | -2.6% |
| Amounts receivable within one year | 40/41 | €25,215 | €53,274 | +€28,060 | +111% |
| Trade receivables | 40 | €7,925 | €47,195 | +€39,271 | +496% |
| Other amounts receivable | 41 | €17,290 | €6,079 | -€11,211 | -64.8% |
| Cash at bank and in hand | 54/58 | €155,290 | €122,455 | -€32,835 | -21.1% |
| Total equity and liabilities | 10/49 | €182,464 | €177,207 | -€5,257 | -2.9% |
| Equity | 10/15 | €148,776 | €155,725 | +€6,949 | +4.7% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €111,000 | €136,000 | +€25,000 | +22.5% |
| Distributable reserves | 133 | €111,000 | €136,000 | +€25,000 | +22.5% |
| Profit (loss) carried forward | 14 | €31,776 | €13,725 | -€18,051 | -56.8% |
| Amounts payable | 17/49 | €33,688 | €21,481 | -€12,206 | -36.2% |
| Amounts payable within one year | 42/48 | €33,688 | €21,481 | -€12,206 | -36.2% |
| Trade debts | 44 | €0 | €891 | +€891 | |
| Suppliers | 440/4 | €0 | €891 | +€891 | |
| Taxes, remuneration and social security | 45 | €3,688 | €590 | -€3,098 | -84.0% |
| Taxes | 450/3 | €3,688 | €590 | -€3,098 | -84.0% |
| Other amounts payable | 47/48 | €30,000 | €20,000 | -€10,000 | -33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €450 | €482 | +€32 | +7.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €78,962 | €40,628 | -€38,334 | -48.5% |
| Operating profit (loss) | 9901 | €78,125 | €39,747 | -€38,378 | -49.1% |
| Financial income | 75/76B | €15 | €0 | -€15 | -99.9% |
| Recurring financial income | 75 | €15 | €0 | -€15 | -99.9% |
| Financial charges | 65/66B | €1,994 | €2,588 | +€594 | +29.8% |
| Recurring financial charges | 65 | €1,994 | €2,588 | +€594 | +29.8% |
| Profit (loss) for the period before taxes | 9903 | €76,146 | €37,159 | -€38,987 | -51.2% |
| Income taxes | 67/77 | €15,510 | €10,210 | -€5,300 | -34.2% |
| Profit (loss) for the period | 9904 | €60,636 | €26,949 | -€33,687 | -55.6% |
| Profit (loss) for the period to be appropriated | 9905 | €60,636 | €26,949 | -€33,687 | -55.6% |
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 23 October 2026 via checked.be.