DATA MKEY: 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 MKEY
Largest movements
- Cash +€88,473
up €88,473 (+47.7%), from €185,591 to €274,064
mainly Other debts (+€265,087) and Net result for the year (+€80,746)
- Tangible fixed assets +€9,698
up €9,698 (+98.5%), from €9,841 to €19,540
- Receivables within one year +€5,458
up €5,458 (+15.6%), from €35,066 to €40,524
- Other debts +€265,087
up €265,087 (+4,303%), from €6,160 to €271,247
- Profit (loss) carried forward -€189,254
down €189,254 (-99.9%), from €189,350 to €96
- Tax, wage and social debts +€16,699
up €16,699 (+49.2%), from €33,938 to €50,637
of which Taxes: +€19,410
- Trade debts +€11,098
new in 2025: €11,098
- Taxes -€7,052
down €7,052 (-29.9%), from €23,599 to €16,547
- Staff costs +€2,529
up €2,529 (+7.4%), from €34,252 to €36,780
- Depreciation +€2,007
up €2,007 (+35.3%), from €5,692 to €7,699
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 | €230,948 | €334,578 | +€103,630 | +44.9% |
| Fixed assets | 21/28 | €10,291 | €19,990 | +€9,698 | +94.2% |
| Tangible fixed assets | 22/27 | €9,841 | €19,540 | +€9,698 | +98.5% |
| Furniture and vehicles | 24 | €9,841 | €19,540 | +€9,698 | +98.5% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €220,656 | €314,588 | +€93,932 | +42.6% |
| Amounts receivable within one year | 40/41 | €35,066 | €40,524 | +€5,458 | +15.6% |
| Trade receivables | 40 | €35,066 | €40,524 | +€5,458 | +15.6% |
| Cash at bank and in hand | 54/58 | €185,591 | €274,064 | +€88,473 | +47.7% |
| Total equity and liabilities | 10/49 | €230,948 | €334,578 | +€103,630 | +44.9% |
| Equity | 10/15 | €190,850 | €1,596 | -€189,254 | -99.2% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Contributions outside capital | 11 | €1,500 | - | -€1,500 | |
| Other | 1109/19 | €1,500 | - | -€1,500 | |
| Profit (loss) carried forward | 14 | €189,350 | €96 | -€189,254 | -99.9% |
| Amounts payable | 17/49 | €40,098 | €332,982 | +€292,884 | +730% |
| Amounts payable within one year | 42/48 | €40,098 | €332,982 | +€292,884 | +730% |
| Trade debts | 44 | - | €11,098 | +€11,098 | |
| Suppliers | 440/4 | - | €11,098 | +€11,098 | |
| Taxes, remuneration and social security | 45 | €33,938 | €50,637 | +€16,699 | +49.2% |
| Taxes | 450/3 | €25,910 | €45,320 | +€19,410 | +74.9% |
| Remuneration and social security | 454/9 | €8,028 | €5,317 | -€2,711 | -33.8% |
| Other amounts payable | 47/48 | €6,160 | €271,247 | +€265,087 | +4,303% |
| Remuneration, social security and pensions | 62 | €34,252 | €36,780 | +€2,529 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,692 | €7,699 | +€2,007 | +35.3% |
| Other operating charges | 640/8 | €1,595 | €2,581 | +€986 | +61.8% |
| Gross operating margin | 9900 | €145,928 | €144,565 | -€1,362 | -0.9% |
| Operating profit (loss) | 9901 | €104,388 | €97,504 | -€6,884 | -6.6% |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €195 | €218 | +€23 | +11.7% |
| Recurring financial charges | 65 | €195 | €218 | +€23 | +11.7% |
| Profit (loss) for the period before taxes | 9903 | €104,193 | €97,293 | -€6,900 | -6.6% |
| Income taxes | 67/77 | €23,599 | €16,547 | -€7,052 | -29.9% |
| Profit (loss) for the period | 9904 | €80,594 | €80,746 | +€152 | +0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €80,594 | €80,746 | +€152 | +0.2% |
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 14 October 2026 via checked.be.