Different Class: 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.
Different Class
Largest movements
- Receivables within one year +€35,048
up €35,048 (+162%), from €21,683 to €56,731
of which Trade receivables: +€25,208
- Cash -€19,268
down €19,268 (-33.3%), from €57,904 to €38,636
mainly Receivables within one year (-€35,048) and Deferred charges and accrued income (-€4,049)
- Deferred charges and accrued income +€4,049
up €4,049 (+177%), from €2,286 to €6,334
- Tangible fixed assets -€2,981
down €2,981 (-29.9%), from €9,959 to €6,977
of which Furniture and vehicles: -€2,252
- Intangible fixed assets +€1,634
up €1,634 (+81,699%), from €2 to €1,636
- Profit (loss) carried forward +€10,318
up €10,318 (+68.8%), from €14,995 to €25,312
- Accrued charges and deferred income +€7,704
up €7,704 (+20.1%), from €38,376 to €46,080
- Gross operating margin -€6,523
down €6,523 (-11.7%), from €55,917 to €49,395
- Staff costs -€5,266
down €5,266 (-15.4%), from €34,192 to €28,926
- Depreciation +€1,926
up €1,926 (+136%), from €1,421 to €3,348
- Financial charges +€1,589
up €1,589 (+190%), from €836 to €2,425
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 | €91,834 | €110,314 | +€18,481 | +20.1% |
| Fixed assets | 21/28 | €9,961 | €8,613 | -€1,348 | -13.5% |
| Intangible fixed assets | 21 | €2 | €1,636 | +€1,634 | +81,699% |
| Tangible fixed assets | 22/27 | €9,959 | €6,977 | -€2,981 | -29.9% |
| Furniture and vehicles | 24 | €6,659 | €4,407 | -€2,252 | -33.8% |
| Leasing and similar rights | 25 | €3,299 | €2,570 | -€729 | -22.1% |
| Current assets | 29/58 | €81,873 | €101,701 | +€19,828 | +24.2% |
| Amounts receivable within one year | 40/41 | €21,683 | €56,731 | +€35,048 | +162% |
| Trade receivables | 40 | €19,178 | €44,386 | +€25,208 | +131% |
| Other amounts receivable | 41 | €2,505 | €12,345 | +€9,839 | +393% |
| Cash at bank and in hand | 54/58 | €57,904 | €38,636 | -€19,268 | -33.3% |
| Deferred charges and accrued income | 490/1 | €2,286 | €6,334 | +€4,049 | +177% |
| Total equity and liabilities | 10/49 | €91,834 | €110,314 | +€18,481 | +20.1% |
| Equity | 10/15 | €18,995 | €29,312 | +€10,318 | +54.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,995 | €25,312 | +€10,318 | +68.8% |
| Amounts payable | 17/49 | €72,839 | €81,002 | +€8,163 | +11.2% |
| Amounts payable within one year | 42/48 | €34,463 | €34,922 | +€459 | +1.3% |
| Trade debts | 44 | €2,256 | €2,654 | +€399 | +17.7% |
| Suppliers | 440/4 | €2,256 | €2,654 | +€399 | +17.7% |
| Taxes, remuneration and social security | 45 | €32,207 | €32,268 | +€60 | +0.2% |
| Taxes | 450/3 | €19,184 | €22,145 | +€2,962 | +15.4% |
| Remuneration and social security | 454/9 | €13,024 | €10,122 | -€2,902 | -22.3% |
| Accrued charges and deferred income | 492/3 | €38,376 | €46,080 | +€7,704 | +20.1% |
| Remuneration, social security and pensions | 62 | €34,192 | €28,926 | -€5,266 | -15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,421 | €3,348 | +€1,926 | +136% |
| Other operating charges | 640/8 | €181 | €578 | +€398 | +220% |
| Gross operating margin | 9900 | €55,917 | €49,395 | -€6,523 | -11.7% |
| Operating profit (loss) | 9901 | €20,123 | €16,543 | -€3,581 | -17.8% |
| Financial income | 75/76B | €52 | €25 | -€27 | -51.8% |
| Recurring financial income | 75 | €52 | €25 | -€27 | -51.8% |
| Financial charges | 65/66B | €836 | €2,425 | +€1,589 | +190% |
| Recurring financial charges | 65 | €836 | €2,425 | +€1,589 | +190% |
| Profit (loss) for the period before taxes | 9903 | €19,340 | €14,143 | -€5,197 | -26.9% |
| Income taxes | 67/77 | €4,345 | €3,825 | -€520 | -12.0% |
| Profit (loss) for the period | 9904 | €14,995 | €10,318 | -€4,677 | -31.2% |
| Profit (loss) for the period to be appropriated | 9905 | €14,995 | €10,318 | -€4,677 | -31.2% |
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 29 October 2026 via checked.be.