D77: 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.
D77
Largest movements
- Cash +€18,988
up €18,988 (+798.9%), from €2,377 to €21,365
mainly Other debts (+€76,824) and Net result for the year (+€18,114)
- Receivables within one year +€18,040
up €18,040 (+29.8%), from €60,583 to €78,623
of which Trade receivables: +€16,179
- Receivables after one year -€11,000
no longer reported in 2025 (was €11,000)
- Tangible fixed assets +€3,425
up €3,425 (+13.5%), from €25,281 to €28,706
of which Other tangible fixed assets: +€7,145
- Deferred charges and accrued income -€2,933
down €2,933 (-54.6%), from €5,373 to €2,440
- Other debts +€76,824
up €76,824 (+71074.2%), from €108 to €76,932
- Profit (loss) carried forward -€44,634
no longer reported in 2025 (was €44,634)
- Trade debts -€5,551
down €5,551 (-11.7%), from €47,505 to €41,955
- Gross operating margin +€18,479
up €18,479 (+118.8%), from €15,557 to €34,036
- Taxes +€4,139
up €4,139 (+266.3%), from €1,554 to €5,693
- Other operating charges -€841
down €841 (-37.2%), from €2,261 to €1,420
- Depreciation -€404
down €404 (-5.5%), from €7,291 to €6,887
- Financial charges -€362
down €362 (-70.3%), from €515 to €153
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 | €104,614 | €131,134 | +€26,520 | +25.4% |
| Fixed assets | 21/28 | €25,281 | €28,706 | +€3,425 | +13.5% |
| Tangible fixed assets | 22/27 | €25,281 | €28,706 | +€3,425 | +13.5% |
| Furniture and vehicles | 24 | €8,370 | €4,650 | -€3,720 | -44.4% |
| Other tangible fixed assets | 26 | €16,911 | €24,056 | +€7,145 | +42.3% |
| Current assets | 29/58 | €79,333 | €102,428 | +€23,095 | +29.1% |
| Amounts receivable after more than one year | 29 | €11,000 | - | -€11,000 | |
| Other amounts receivable | 291 | €11,000 | - | -€11,000 | |
| Amounts receivable within one year | 40/41 | €60,583 | €78,623 | +€18,040 | +29.8% |
| Trade receivables | 40 | €60,151 | €76,330 | +€16,179 | +26.9% |
| Other amounts receivable | 41 | €432 | €2,293 | +€1,861 | +430.7% |
| Cash at bank and in hand | 54/58 | €2,377 | €21,365 | +€18,988 | +798.9% |
| Deferred charges and accrued income | 490/1 | €5,373 | €2,440 | -€2,933 | -54.6% |
| Total equity and liabilities | 10/49 | €104,614 | €131,134 | +€26,520 | +25.4% |
| Equity | 10/15 | €49,634 | €5,000 | -€44,634 | -89.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,634 | - | -€44,634 | |
| Amounts payable | 17/49 | €54,980 | €126,134 | +€71,154 | +129.4% |
| Amounts payable within one year | 42/48 | €54,980 | €126,134 | +€71,154 | +129.4% |
| Trade debts | 44 | €47,505 | €41,955 | -€5,551 | -11.7% |
| Suppliers | 440/4 | €47,505 | €41,955 | -€5,551 | -11.7% |
| Taxes, remuneration and social security | 45 | €7,367 | €7,247 | -€120 | -1.6% |
| Taxes | 450/3 | €7,367 | €7,247 | -€120 | -1.6% |
| Other amounts payable | 47/48 | €108 | €76,932 | +€76,824 | +71074.2% |
| Remuneration, social security and pensions | 62 | €1,481 | €1,769 | +€288 | +19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,291 | €6,887 | -€404 | -5.5% |
| Other operating charges | 640/8 | €2,261 | €1,420 | -€841 | -37.2% |
| Gross operating margin | 9900 | €15,557 | €34,036 | +€18,479 | +118.8% |
| Operating profit (loss) | 9901 | €4,524 | €23,960 | +€19,436 | +429.6% |
| Financial income | 75/76B | €111 | - | -€111 | |
| Recurring financial income | 75 | €111 | - | -€111 | |
| Financial charges | 65/66B | €515 | €153 | -€362 | -70.3% |
| Recurring financial charges | 65 | €515 | €153 | -€362 | -70.3% |
| Profit (loss) for the period before taxes | 9903 | €4,120 | €23,807 | +€19,687 | +477.8% |
| Income taxes | 67/77 | €1,554 | €5,693 | +€4,139 | +266.3% |
| Profit (loss) for the period | 9904 | €2,566 | €18,114 | +€15,548 | +605.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,566 | €18,114 | +€15,548 | +605.8% |
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 10 October 2026 via checked.be.