D2B: 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.
D2B
Largest movements
- Cash +€37,713
up €37,713 (+251.9%), from €14,969 to €52,683
mainly Net result for the year (+€30,038) and Tax, wage and social debts (+€6,380)
- Receivables within one year +€3,679
up €3,679 (+9.2%), from €39,795 to €43,475
of which Trade receivables: +€2,251
- Tangible fixed assets -€2,610
down €2,610 (-34.7%), from €7,527 to €4,916
of which Furniture and vehicles: -€2,002
- Reserves +€30,038
up €30,038 (+55.9%), from €53,748 to €83,786
- Tax, wage and social debts +€6,380
up €6,380 (+327.1%), from €1,950 to €8,331
- Trade debts +€1,874
up €1,874 (+211.4%), from €886 to €2,760
- Gross operating margin +€22,873
up €22,873 (+87.3%), from €26,205 to €49,078
- Taxes +€6,322
up €6,322 (+85.6%), from €7,386 to €13,708
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 | €62,785 | €101,077 | +€38,292 | +61.0% |
| Fixed assets | 21/28 | €7,527 | €4,916 | -€2,610 | -34.7% |
| Tangible fixed assets | 22/27 | €7,527 | €4,916 | -€2,610 | -34.7% |
| Plant, machinery and equipment | 23 | €1,299 | €691 | -€608 | -46.8% |
| Furniture and vehicles | 24 | €6,228 | €4,226 | -€2,002 | -32.2% |
| Current assets | 29/58 | €55,258 | €96,160 | +€40,902 | +74.0% |
| Amounts receivable within one year | 40/41 | €39,795 | €43,475 | +€3,679 | +9.2% |
| Trade receivables | 40 | €21,962 | €24,212 | +€2,251 | +10.2% |
| Other amounts receivable | 41 | €17,834 | €19,263 | +€1,429 | +8.0% |
| Cash at bank and in hand | 54/58 | €14,969 | €52,683 | +€37,713 | +251.9% |
| Deferred charges and accrued income | 490/1 | €493 | €3 | -€490 | -99.4% |
| Total equity and liabilities | 10/49 | €62,785 | €101,077 | +€38,292 | +61.0% |
| Equity | 10/15 | €59,948 | €89,986 | +€30,038 | +50.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €53,748 | €83,786 | +€30,038 | +55.9% |
| Distributable reserves | 133 | €53,748 | €83,786 | +€30,038 | +55.9% |
| Amounts payable | 17/49 | €2,837 | €11,091 | +€8,254 | +291.0% |
| Amounts payable within one year | 42/48 | €2,837 | €11,091 | +€8,254 | +291.0% |
| Trade debts | 44 | €886 | €2,760 | +€1,874 | +211.4% |
| Suppliers | 440/4 | €886 | €2,760 | +€1,874 | +211.4% |
| Taxes, remuneration and social security | 45 | €1,950 | €8,331 | +€6,380 | +327.1% |
| Taxes | 450/3 | €1,950 | €8,331 | +€6,380 | +327.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,445 | €2,610 | +€165 | +6.8% |
| Other operating charges | 640/8 | €1,845 | €1,490 | -€356 | -19.3% |
| Gross operating margin | 9900 | €26,205 | €49,078 | +€22,873 | +87.3% |
| Operating profit (loss) | 9901 | €21,915 | €44,979 | +€23,063 | +105.2% |
| Financial income | 75/76B | €51 | - | -€51 | |
| Recurring financial income | 75 | €51 | - | -€51 | |
| Financial charges | 65/66B | €827 | €1,233 | +€405 | +49.0% |
| Recurring financial charges | 65 | €827 | €1,233 | +€405 | +49.0% |
| Profit (loss) for the period before taxes | 9903 | €21,139 | €43,746 | +€22,607 | +106.9% |
| Income taxes | 67/77 | €7,386 | €13,708 | +€6,322 | +85.6% |
| Profit (loss) for the period | 9904 | €13,753 | €30,038 | +€16,285 | +118.4% |
| Profit (loss) for the period to be appropriated | 9905 | €13,753 | €30,038 | +€16,285 | +118.4% |
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 12 October 2026 via checked.be.