DATA PRIVACY BOX: what changed
Two fiscal 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 PRIVACY BOX
Largest movements
- Receivables within one year +€24,843
up €24,843 (+1016.1%), from €2,445 to €27,288
of which Trade receivables: +€24,473
- Intangible fixed assets +€7,394
up €7,394 (+41.8%), from €17,669 to €25,063
- Cash -€5,879
down €5,879 (-25.6%), from €22,981 to €17,103
mainly Receivables within one year (-€24,843) and Investment in fixed assets (net) (-€13,350)
- Profit (loss) carried forward +€20,263
up €20,263 (+135.6%), from €14,939 to €35,203
- Advances received +€5,314
up €5,314 (+297.7%), from €1,785 to €7,099
- Tax, wage and social debts +€1,970
up €1,970 (+35.9%), from €5,490 to €7,460
- Trade debts -€737
down €737 (-17.1%), from €4,307 to €3,569
- Gross operating margin +€6,278
up €6,278 (+21.0%), from €29,829 to €36,107
- Taxes +€2,085
up €2,085 (+38.0%), from €5,490 to €7,575
- Depreciation +€1,265
up €1,265 (+27.0%), from €4,690 to €5,956
- Financial charges +€1,130
up €1,130 (+144.3%), from €783 to €1,913
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 | €43,571 | €70,381 | +€26,810 | +61.5% |
| Fixed assets | 21/28 | €17,669 | €25,063 | +€7,394 | +41.8% |
| Intangible fixed assets | 21 | €17,669 | €25,063 | +€7,394 | +41.8% |
| Current assets | 29/58 | €25,902 | €45,318 | +€19,416 | +75.0% |
| Amounts receivable within one year | 40/41 | €2,445 | €27,288 | +€24,843 | +1016.1% |
| Trade receivables | 40 | €431 | €24,904 | +€24,473 | +5674.5% |
| Other amounts receivable | 41 | €2,014 | €2,384 | +€370 | +18.4% |
| Cash at bank and in hand | 54/58 | €22,981 | €17,103 | -€5,879 | -25.6% |
| Deferred charges and accrued income | 490/1 | €475 | €927 | +€451 | +94.9% |
| Total equity and liabilities | 10/49 | €43,571 | €70,381 | +€26,810 | +61.5% |
| Equity | 10/15 | €31,989 | €52,253 | +€20,263 | +63.3% |
| Contributions | 10/11 | €17,050 | €17,050 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,939 | €35,203 | +€20,263 | +135.6% |
| Amounts payable | 17/49 | €11,582 | €18,128 | +€6,547 | +56.5% |
| Amounts payable within one year | 42/48 | €11,582 | €18,128 | +€6,547 | +56.5% |
| Trade debts | 44 | €4,307 | €3,569 | -€737 | -17.1% |
| Suppliers | 440/4 | €4,307 | €3,569 | -€737 | -17.1% |
| Advances received on contracts in progress | 46 | €1,785 | €7,099 | +€5,314 | +297.7% |
| Taxes, remuneration and social security | 45 | €5,490 | €7,460 | +€1,970 | +35.9% |
| Taxes | 450/3 | €5,490 | €7,460 | +€1,970 | +35.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,690 | €5,956 | +€1,265 | +27.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €29,829 | €36,107 | +€6,278 | +21.0% |
| Operating profit (loss) | 9901 | €24,751 | €29,751 | +€5,000 | +20.2% |
| Financial charges | 65/66B | €783 | €1,913 | +€1,130 | +144.3% |
| Recurring financial charges | 65 | €783 | €1,913 | +€1,130 | +144.3% |
| Profit (loss) for the period before taxes | 9903 | €23,969 | €27,839 | +€3,870 | +16.1% |
| Income taxes | 67/77 | €5,490 | €7,575 | +€2,085 | +38.0% |
| Profit (loss) for the period | 9904 | €18,479 | €20,263 | +€1,785 | +9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €18,479 | €20,263 | +€1,785 | +9.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.