Data As A Story: 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.
Data As A Story
Largest movements
- Cash +€41,449
up €41,449 (+46.0%), from €90,148 to €131,597
mainly Net result for the year (+€114,472) and Depreciation (+€22,977)
- Receivables within one year +€27,760
up €27,760 (+35.5%), from €78,185 to €105,946
of which Trade receivables: +€30,433
- Tangible fixed assets -€4,919
down €4,919 (-7.4%), from €66,065 to €61,146
- Reserves +€114,472
up €114,472 (+93.2%), from €122,846 to €237,318
- Tax, wage and social debts -€31,692
down €31,692 (-72.7%), from €43,610 to €11,918
- Debts after one year -€10,979
down €10,979 (-31.9%), from €34,441 to €23,462
- Trade debts -€6,551
down €6,551 (-78.4%), from €8,351 to €1,801
- Gross operating margin +€44,914
up €44,914 (+34.4%), from €130,677 to €175,591
- Taxes +€10,672
up €10,672 (+46.3%), from €23,027 to €33,699
- Depreciation +€3,954
up €3,954 (+20.8%), from €19,023 to €22,977
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 | €238,770 | €302,915 | +€64,145 | +26.9% |
| Formation expenses | 20 | €1,474 | €1,045 | -€428 | -29.1% |
| Fixed assets | 21/28 | €66,665 | €61,746 | -€4,919 | -7.4% |
| Tangible fixed assets | 22/27 | €66,065 | €61,146 | -€4,919 | -7.4% |
| Furniture and vehicles | 24 | €66,065 | €61,146 | -€4,919 | -7.4% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €170,632 | €240,124 | +€69,492 | +40.7% |
| Amounts receivable within one year | 40/41 | €78,185 | €105,946 | +€27,760 | +35.5% |
| Trade receivables | 40 | €69,212 | €99,645 | +€30,433 | +44.0% |
| Other amounts receivable | 41 | €8,973 | €6,301 | -€2,672 | -29.8% |
| Cash at bank and in hand | 54/58 | €90,148 | €131,597 | +€41,449 | +46.0% |
| Deferred charges and accrued income | 490/1 | €2,298 | €2,581 | +€283 | +12.3% |
| Total equity and liabilities | 10/49 | €238,770 | €302,915 | +€64,145 | +26.9% |
| Equity | 10/15 | €128,846 | €243,318 | +€114,472 | +88.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €122,846 | €237,318 | +€114,472 | +93.2% |
| Distributable reserves | 133 | €122,846 | €237,318 | +€114,472 | +93.2% |
| Amounts payable | 17/49 | €109,924 | €59,596 | -€50,328 | -45.8% |
| Amounts payable after more than one year | 17 | €34,441 | €23,462 | -€10,979 | -31.9% |
| Financial debts | 170/4 | €34,441 | €23,462 | -€10,979 | -31.9% |
| Amounts payable within one year | 42/48 | €75,449 | €36,082 | -€39,367 | -52.2% |
| Current portion of amounts payable after more than one year | 42 | €10,506 | €10,979 | +€473 | +4.5% |
| Trade debts | 44 | €8,351 | €1,801 | -€6,551 | -78.4% |
| Suppliers | 440/4 | €8,351 | €1,801 | -€6,551 | -78.4% |
| Taxes, remuneration and social security | 45 | €43,610 | €11,918 | -€31,692 | -72.7% |
| Taxes | 450/3 | €43,610 | €11,918 | -€31,692 | -72.7% |
| Other amounts payable | 47/48 | €12,982 | €11,385 | -€1,597 | -12.3% |
| Accrued charges and deferred income | 492/3 | €34 | €52 | +€18 | +51.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,023 | €22,977 | +€3,954 | +20.8% |
| Other operating charges | 640/8 | €1,015 | €2,367 | +€1,352 | +133% |
| Gross operating margin | 9900 | €130,677 | €175,591 | +€44,914 | +34.4% |
| Operating profit (loss) | 9901 | €110,640 | €150,248 | +€39,608 | +35.8% |
| Financial charges | 65/66B | €2,685 | €2,077 | -€609 | -22.7% |
| Recurring financial charges | 65 | €2,685 | €2,077 | -€609 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €107,954 | €148,171 | +€40,217 | +37.3% |
| Income taxes | 67/77 | €23,027 | €33,699 | +€10,672 | +46.3% |
| Profit (loss) for the period | 9904 | €84,928 | €114,472 | +€29,545 | +34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €84,928 | €114,472 | +€29,545 | +34.8% |
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 1 November 2026 via checked.be.