DATA VISION: 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 VISION
Largest movements
- Receivables within one year +€18,265
up €18,265 (+12.9%), from €142,079 to €160,344
of which Other amounts receivable: +€48,078
- Cash -€2,844
down €2,844 (-23.3%), from €12,214 to €9,370
mainly Receivables within one year (-€18,265) and Tax, wage and social debts (-€1,938)
- Reserves +€15,341
new in 2025: €15,341
- Other debts +€2,417
up €2,417 (+414.6%), from €583 to €3,000
- Tax, wage and social debts -€1,938
down €1,938 (-8.8%), from €22,058 to €20,120
- Gross operating margin -€48,025
down €48,025 (-76.5%), from €62,739 to €14,714
- Taxes -€7,529
down €7,529 (-54.8%), from €13,731 to €6,202
- Financial income +€2,585
up €2,585 (+50.0%), from €5,172 to €7,757
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 | €154,573 | €169,714 | +€15,141 | +9.8% |
| Fixed assets | 21/28 | €280 | - | -€280 | |
| Tangible fixed assets | 22/27 | €280 | - | -€280 | |
| Furniture and vehicles | 24 | €280 | - | -€280 | |
| Current assets | 29/58 | €154,293 | €169,714 | +€15,421 | +10.0% |
| Amounts receivable within one year | 40/41 | €142,079 | €160,344 | +€18,265 | +12.9% |
| Trade receivables | 40 | €29,813 | - | -€29,813 | |
| Other amounts receivable | 41 | €112,266 | €160,344 | +€48,078 | +42.8% |
| Cash at bank and in hand | 54/58 | €12,214 | €9,370 | -€2,844 | -23.3% |
| Total equity and liabilities | 10/49 | €154,573 | €169,714 | +€15,141 | +9.8% |
| Equity | 10/15 | €131,253 | €146,594 | +€15,341 | +11.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €15,341 | +€15,341 | |
| Distributable reserves | 133 | - | €15,341 | +€15,341 | |
| Profit (loss) carried forward | 14 | €129,253 | €129,253 | = | 0.0% |
| Amounts payable | 17/49 | €23,320 | €23,120 | -€200 | -0.9% |
| Amounts payable within one year | 42/48 | €23,320 | €23,120 | -€200 | -0.9% |
| Trade debts | 44 | €679 | - | -€679 | |
| Suppliers | 440/4 | €679 | - | -€679 | |
| Taxes, remuneration and social security | 45 | €22,058 | €20,120 | -€1,938 | -8.8% |
| Taxes | 450/3 | €22,058 | €20,120 | -€1,938 | -8.8% |
| Other amounts payable | 47/48 | €583 | €3,000 | +€2,417 | +414.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €787 | €280 | -€507 | -64.4% |
| Gross operating margin | 9900 | €62,739 | €14,714 | -€48,025 | -76.5% |
| Operating profit (loss) | 9901 | €61,952 | €14,434 | -€47,518 | -76.7% |
| Financial income | 75/76B | €5,172 | €7,757 | +€2,585 | +50.0% |
| Recurring financial income | 75 | €5,172 | €7,757 | +€2,585 | +50.0% |
| Financial charges | 65/66B | €595 | €648 | +€53 | +8.9% |
| Recurring financial charges | 65 | €595 | €648 | +€53 | +8.9% |
| Profit (loss) for the period before taxes | 9903 | €66,529 | €21,543 | -€44,986 | -67.6% |
| Income taxes | 67/77 | €13,731 | €6,202 | -€7,529 | -54.8% |
| Profit (loss) for the period | 9904 | €52,798 | €15,341 | -€37,457 | -70.9% |
| Profit (loss) for the period to be appropriated | 9905 | €52,798 | €15,341 | -€37,457 | -70.9% |
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.