DO IT WITH ME: 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.
DO IT WITH ME
Largest movements
- Stocks and contracts -€8,820
down €8,820 (-4.1%), from €214,872 to €206,053
- Receivables within one year +€6,525
up €6,525 (+100%), from €6,508 to €13,033
of which Other amounts receivable: +€4,684
- Cash +€4,132
up €4,132 (+30.7%), from €13,458 to €17,590
mainly Trade debts (+€27,734) and Stocks and contracts (+€8,820)
- Intangible fixed assets -€3,500
down €3,500 (-13.3%), from €26,226 to €22,726
- Trade debts +€27,734
up €27,734 (+32.2%), from €86,175 to €113,910
- Debts after one year -€20,292
down €20,292 (-41.4%), from €49,001 to €28,709
- Profit (loss) carried forward -€4,537
down €4,537 (-40.3%), from €11,269 to €6,732
- Current portion of long-term debt -€4,102
down €4,102 (-14.8%), from €27,779 to €23,677
- Staff costs +€17,857
up €17,857 (+66.9%), from €26,684 to €44,540
- Gross operating margin +€7,953
up €7,953 (+15.8%), from €50,469 to €58,421
- Taxes -€2,173
down €2,173 (-91.3%), from €2,381 to €208
- Other operating charges -€1,299
down €1,299 (-42.1%), from €3,088 to €1,788
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 | €279,145 | €278,881 | -€263 | -0.1% |
| Fixed assets | 21/28 | €38,991 | €35,751 | -€3,240 | -8.3% |
| Intangible fixed assets | 21 | €26,226 | €22,726 | -€3,500 | -13.3% |
| Tangible fixed assets | 22/27 | €12,615 | €12,875 | +€260 | +2.1% |
| Plant, machinery and equipment | 23 | €720 | €363 | -€358 | -49.7% |
| Furniture and vehicles | 24 | €11,894 | €10,766 | -€1,128 | -9.5% |
| Other tangible fixed assets | 26 | - | €1,746 | +€1,746 | |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €240,154 | €243,131 | +€2,977 | +1.2% |
| Stocks and contracts in progress | 3 | €214,872 | €206,053 | -€8,820 | -4.1% |
| Stocks | 30/36 | €214,872 | €206,053 | -€8,820 | -4.1% |
| Amounts receivable within one year | 40/41 | €6,508 | €13,033 | +€6,525 | +100% |
| Trade receivables | 40 | €2,021 | €3,862 | +€1,841 | +91.1% |
| Other amounts receivable | 41 | €4,487 | €9,171 | +€4,684 | +104% |
| Cash at bank and in hand | 54/58 | €13,458 | €17,590 | +€4,132 | +30.7% |
| Deferred charges and accrued income | 490/1 | €5,315 | €6,455 | +€1,140 | +21.4% |
| Total equity and liabilities | 10/49 | €279,145 | €278,881 | -€263 | -0.1% |
| Equity | 10/15 | €41,269 | €36,732 | -€4,537 | -11.0% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,269 | €6,732 | -€4,537 | -40.3% |
| Amounts payable | 17/49 | €237,876 | €242,150 | +€4,274 | +1.8% |
| Amounts payable after more than one year | 17 | €49,001 | €28,709 | -€20,292 | -41.4% |
| Financial debts | 170/4 | €49,001 | €28,709 | -€20,292 | -41.4% |
| Amounts payable within one year | 42/48 | €188,505 | €213,441 | +€24,936 | +13.2% |
| Current portion of amounts payable after more than one year | 42 | €27,779 | €23,677 | -€4,102 | -14.8% |
| Trade debts | 44 | €86,175 | €113,910 | +€27,734 | +32.2% |
| Suppliers | 440/4 | €86,175 | €113,910 | +€27,734 | +32.2% |
| Taxes, remuneration and social security | 45 | €2,168 | €4,092 | +€1,924 | +88.7% |
| Taxes | 450/3 | €1,553 | €2,155 | +€602 | +38.8% |
| Remuneration and social security | 454/9 | €615 | €1,937 | +€1,322 | +215% |
| Other amounts payable | 47/48 | €72,382 | €71,761 | -€621 | -0.9% |
| Accrued charges and deferred income | 492/3 | €370 | - | -€370 | |
| Remuneration, social security and pensions | 62 | €26,684 | €44,540 | +€17,857 | +66.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,964 | €8,729 | -€235 | -2.6% |
| Other operating charges | 640/8 | €3,088 | €1,788 | -€1,299 | -42.1% |
| Gross operating margin | 9900 | €50,469 | €58,421 | +€7,953 | +15.8% |
| Operating profit (loss) | 9901 | €11,733 | €3,364 | -€8,369 | -71.3% |
| Financial income | 75/76B | €433 | €560 | +€127 | +29.3% |
| Recurring financial income | 75 | €433 | €560 | +€127 | +29.3% |
| Financial charges | 65/66B | €8,361 | €8,253 | -€108 | -1.3% |
| Recurring financial charges | 65 | €8,361 | €8,253 | -€108 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €3,805 | -€4,329 | -€8,135 | |
| Income taxes | 67/77 | €2,381 | €208 | -€2,173 | -91.3% |
| Profit (loss) for the period | 9904 | €1,424 | -€4,537 | -€5,961 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,424 | -€4,537 | -€5,961 |
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 13 October 2026 via checked.be.