DESIGN & CONCEPT: 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.
DESIGN & CONCEPT
Largest movements
- Receivables within one year +€45,345
up €45,345 (+55.9%), from €81,124 to €126,469
of which Other amounts receivable: +€32,562
- Trade debts +€18,374
up €18,374 (+149%), from €12,300 to €30,675
- Profit (loss) carried forward +€16,740
up €16,740 (+42.9%), from €38,991 to €55,731
- Tax, wage and social debts +€9,479
up €9,479 (+36.3%), from €26,092 to €35,571
- Gross operating margin +€18,147
up €18,147 (+119%), from €15,233 to €33,379
- Taxes +€6,074
up €6,074 (+49.4%), from €12,300 to €18,374
- Other operating charges -€2,200
down €2,200 (-52.4%), from €4,200 to €2,000
- Financial income +€2,009
up €2,009 (+78.5%), from €2,558 to €4,567
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 | €82,383 | €126,976 | +€44,593 | +54.1% |
| Fixed assets | 21/28 | €1,256 | €507 | -€749 | -59.6% |
| Tangible fixed assets | 22/27 | €1,256 | €507 | -€749 | -59.6% |
| Furniture and vehicles | 24 | €1,256 | €507 | -€749 | -59.6% |
| Current assets | 29/58 | €81,127 | €126,469 | +€45,343 | +55.9% |
| Amounts receivable within one year | 40/41 | €81,124 | €126,469 | +€45,345 | +55.9% |
| Trade receivables | 40 | €7,381 | €20,164 | +€12,783 | +173% |
| Other amounts receivable | 41 | €73,743 | €106,305 | +€32,562 | +44.2% |
| Cash at bank and in hand | 54/58 | €2 | - | -€2 | |
| Total equity and liabilities | 10/49 | €82,383 | €126,976 | +€44,593 | +54.1% |
| Equity | 10/15 | €43,991 | €60,731 | +€16,740 | +38.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,991 | €55,731 | +€16,740 | +42.9% |
| Amounts payable | 17/49 | €38,392 | €66,245 | +€27,853 | +72.5% |
| Amounts payable within one year | 42/48 | €38,392 | €66,245 | +€27,853 | +72.5% |
| Trade debts | 44 | €12,300 | €30,675 | +€18,374 | +149% |
| Suppliers | 440/4 | €12,300 | €30,675 | +€18,374 | +149% |
| Taxes, remuneration and social security | 45 | €26,092 | €35,571 | +€9,479 | +36.3% |
| Taxes | 450/3 | €26,092 | €35,571 | +€9,479 | +36.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €749 | €749 | = | 0.0% |
| Other operating charges | 640/8 | €4,200 | €2,000 | -€2,200 | -52.4% |
| Gross operating margin | 9900 | €15,233 | €33,379 | +€18,147 | +119% |
| Operating profit (loss) | 9901 | €10,283 | €30,630 | +€20,347 | +198% |
| Financial income | 75/76B | €2,558 | €4,567 | +€2,009 | +78.5% |
| Recurring financial income | 75 | €2,558 | €4,567 | +€2,009 | +78.5% |
| Financial charges | 65/66B | €73 | €82 | +€9 | +12.7% |
| Recurring financial charges | 65 | €73 | €82 | +€9 | +12.7% |
| Profit (loss) for the period before taxes | 9903 | €12,768 | €35,114 | +€22,346 | +175% |
| Income taxes | 67/77 | €12,300 | €18,374 | +€6,074 | +49.4% |
| Profit (loss) for the period | 9904 | €468 | €16,740 | +€16,272 | +3,477% |
| Profit (loss) for the period to be appropriated | 9905 | €468 | €16,740 | +€16,272 | +3,477% |
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 15 October 2026 via checked.be.