DG 11: 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.
DG 11
Largest movements
- Deferred charges and accrued income -€4,956
down €4,956 (-98.8%), from €5,017 to €61
- Receivables within one year +€4,200
new in 2025: €4,200
- Cash +€2,152
up €2,152 (+98.0%), from €2,195 to €4,347
mainly Net result for the year (+€39,517) and Deferred charges and accrued income (+€4,956)
- Profit (loss) carried forward +€39,517
up €39,517 (+84.4%), from -€46,833 to -€7,316
- Trade debts -€39,250
down €39,250 (-99.9%), from €39,271 to €21
- Tax, wage and social debts +€3,843
up €3,843 (+65.8%), from €5,842 to €9,685
of which Taxes: +€4,674
- Debts after one year -€2,714
down €2,714 (-99.3%), from €2,732 to €18
- Gross operating margin +€71,200
up €71,200, from -€9,127 to €62,073
- Other operating charges +€4,680
up €4,680 (+338%), from €1,383 to €6,063
- Staff costs +€4,392
up €4,392 (+36.7%), from €11,971 to €16,363
- Financial income +€2,999
up €2,999 (+299,900%), from €1 to €3,000
of which Non-recurring financial income: +€3,000
- Taxes +€2,364
up €2,364 (+566%), from €418 to €2,782
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 | €7,212 | €8,608 | +€1,396 | +19.4% |
| Current assets | 29/58 | €7,212 | €8,608 | +€1,396 | +19.4% |
| Amounts receivable within one year | 40/41 | - | €4,200 | +€4,200 | |
| Trade receivables | 40 | - | €4,200 | +€4,200 | |
| Cash at bank and in hand | 54/58 | €2,195 | €4,347 | +€2,152 | +98.0% |
| Deferred charges and accrued income | 490/1 | €5,017 | €61 | -€4,956 | -98.8% |
| Total equity and liabilities | 10/49 | €7,212 | €8,608 | +€1,396 | +19.4% |
| Equity | 10/15 | -€40,633 | -€1,116 | +€39,517 | +97.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,833 | -€7,316 | +€39,517 | +84.4% |
| Amounts payable | 17/49 | €47,845 | €9,724 | -€38,121 | -79.7% |
| Amounts payable after more than one year | 17 | €2,732 | €18 | -€2,714 | -99.3% |
| Other amounts payable | 178/9 | €2,732 | €18 | -€2,714 | -99.3% |
| Amounts payable within one year | 42/48 | €45,113 | €9,706 | -€35,407 | -78.5% |
| Trade debts | 44 | €39,271 | €21 | -€39,250 | -99.9% |
| Suppliers | 440/4 | €39,271 | €21 | -€39,250 | -99.9% |
| Taxes, remuneration and social security | 45 | €5,842 | €9,685 | +€3,843 | +65.8% |
| Taxes | 450/3 | €5,011 | €9,685 | +€4,674 | +93.3% |
| Remuneration and social security | 454/9 | €831 | - | -€831 | |
| Remuneration, social security and pensions | 62 | €11,971 | €16,363 | +€4,392 | +36.7% |
| Other operating charges | 640/8 | €1,383 | €6,063 | +€4,680 | +338% |
| Gross operating margin | 9900 | -€9,127 | €62,073 | +€71,200 | |
| Operating profit (loss) | 9901 | -€22,481 | €39,647 | +€62,128 | |
| Financial income | 75/76B | €1 | €3,000 | +€2,999 | +299,900% |
| Recurring financial income | 75 | €1 | €3,000 | +€2,999 | +299,900% |
| Non-recurring financial income | 76B | - | €3,000 | +€3,000 | |
| Financial charges | 65/66B | €43 | €348 | +€305 | +709% |
| Recurring financial charges | 65 | €43 | €348 | +€305 | +709% |
| Profit (loss) for the period before taxes | 9903 | -€22,523 | €42,299 | +€64,822 | |
| Income taxes | 67/77 | €418 | €2,782 | +€2,364 | +566% |
| Profit (loss) for the period | 9904 | -€22,941 | €39,517 | +€62,458 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,941 | €39,517 | +€62,458 |
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.