DETAIL CAR: 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.
DETAIL CAR
Largest movements
- Cash +€32,738
up €32,738 (+86.2%), from €37,980 to €70,718
mainly Net result for the year (+€34,120) and Receivables within one year (+€12,317)
- Receivables within one year -€12,317
down €12,317 (-87.5%), from €14,071 to €1,753
of which Trade receivables: -€9,497
- Tangible fixed assets +€3,152
up €3,152 (+9.0%), from €34,864 to €38,016
of which Land and buildings: +€4,643
- Profit (loss) carried forward +€34,120
up €34,120 (+546%), from €6,250 to €40,370
- Trade debts -€9,936
down €9,936 (-33.6%), from €29,576 to €19,640
- Staff costs -€32,770
down €32,770 (-28.7%), from €114,126 to €81,356
- Taxes +€10,592
up €10,592 (+6,783%), from €156 to €10,749
- Financial charges -€2,157
down €2,157 (-93.4%), from €2,309 to €151
- Gross operating margin -€1,831
down €1,831 (-1.4%), from €133,447 to €131,617
- Depreciation -€1,615
down €1,615 (-40.0%), from €4,036 to €2,421
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 | €158,703 | €182,853 | +€24,149 | +15.2% |
| Fixed assets | 21/28 | €34,864 | €38,016 | +€3,152 | +9.0% |
| Tangible fixed assets | 22/27 | €34,864 | €38,016 | +€3,152 | +9.0% |
| Land and buildings | 22 | €26,372 | €31,015 | +€4,643 | +17.6% |
| Furniture and vehicles | 24 | €8,492 | €7,001 | -€1,491 | -17.6% |
| Current assets | 29/58 | €123,839 | €144,836 | +€20,997 | +17.0% |
| Stocks and contracts in progress | 3 | €71,677 | €72,253 | +€576 | +0.8% |
| Stocks | 30/36 | €71,677 | €72,253 | +€576 | +0.8% |
| Amounts receivable within one year | 40/41 | €14,071 | €1,753 | -€12,317 | -87.5% |
| Trade receivables | 40 | €11,227 | €1,729 | -€9,497 | -84.6% |
| Other amounts receivable | 41 | €2,844 | €24 | -€2,820 | -99.2% |
| Cash at bank and in hand | 54/58 | €37,980 | €70,718 | +€32,738 | +86.2% |
| Deferred charges and accrued income | 490/1 | €111 | €112 | +€1 | +0.4% |
| Total equity and liabilities | 10/49 | €158,703 | €182,853 | +€24,149 | +15.2% |
| Equity | 10/15 | €92,686 | €126,806 | +€34,120 | +36.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €67,836 | €67,836 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €65,976 | €65,976 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,250 | €40,370 | +€34,120 | +546% |
| Amounts payable | 17/49 | €66,017 | €56,047 | -€9,970 | -15.1% |
| Amounts payable within one year | 42/48 | €65,862 | €56,047 | -€9,816 | -14.9% |
| Trade debts | 44 | €29,576 | €19,640 | -€9,936 | -33.6% |
| Suppliers | 440/4 | €29,576 | €19,640 | -€9,936 | -33.6% |
| Taxes, remuneration and social security | 45 | €27,182 | €28,019 | +€837 | +3.1% |
| Taxes | 450/3 | €5,582 | €28,019 | +€22,438 | +402% |
| Remuneration and social security | 454/9 | €21,600 | - | -€21,600 | |
| Other amounts payable | 47/48 | €9,104 | €8,387 | -€717 | -7.9% |
| Accrued charges and deferred income | 492/3 | €155 | - | -€155 | |
| Remuneration, social security and pensions | 62 | €114,126 | €81,356 | -€32,770 | -28.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,036 | €2,421 | -€1,615 | -40.0% |
| Other operating charges | 640/8 | €3,977 | €3,915 | -€62 | -1.6% |
| Gross operating margin | 9900 | €133,447 | €131,617 | -€1,831 | -1.4% |
| Operating profit (loss) | 9901 | €11,309 | €43,926 | +€32,617 | +288% |
| Financial income | 75/76B | €5 | €1,094 | +€1,089 | +23,781% |
| Recurring financial income | 75 | €5 | €1,094 | +€1,089 | +23,781% |
| Financial charges | 65/66B | €2,309 | €151 | -€2,157 | -93.4% |
| Recurring financial charges | 65 | €2,309 | €151 | -€2,157 | -93.4% |
| Profit (loss) for the period before taxes | 9903 | €9,005 | €44,868 | +€35,864 | +398% |
| Income taxes | 67/77 | €156 | €10,749 | +€10,592 | +6,783% |
| Profit (loss) for the period | 9904 | €8,848 | €34,120 | +€25,271 | +286% |
| Profit (loss) for the period to be appropriated | 9905 | €8,848 | €34,120 | +€25,271 | +286% |
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.