DO-STEP: what changed
Two fiscal 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-STEP
Largest movements
- Tangible fixed assets +€17,286
up €17,286 (+289.2%), from €5,977 to €23,263
of which Assets under construction and advance payments: +€15,355
- Cash +€13,138
up €13,138 (+452.3%), from €2,904 to €16,043
mainly Other debts (+€20,716) and Trade debts (+€8,338)
- Receivables within one year +€7,738
up €7,738 (+1070.3%), from €723 to €8,461
of which Trade receivables: +€4,682
- Deferred charges and accrued income -€716
down €716 (-25.6%), from €2,800 to €2,084
- Other debts +€20,716
up €20,716 (+227.9%), from €9,090 to €29,806
- Trade debts +€8,338
up €8,338 (+3854.1%), from €216 to €8,555
- Profit (loss) carried forward +€6,674
up €6,674, from -€402 to €6,272
- Tax, wage and social debts +€1,718
new in 2025: €1,718
- Gross operating margin +€8,081
up €8,081 (+270.9%), from €2,983 to €11,064
- Depreciation -€1,719
down €1,719 (-60.6%), from €2,835 to €1,116
- Taxes +€1,718
new in 2025: €1,718
- Other operating charges +€1,098
up €1,098 (+283.5%), from €387 to €1,485
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.
Cash bridge derived
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 | €12,404 | €49,851 | +€37,446 | +301.9% |
| Fixed assets | 21/28 | €5,977 | €23,263 | +€17,286 | +289.2% |
| Tangible fixed assets | 22/27 | €5,977 | €23,263 | +€17,286 | +289.2% |
| Furniture and vehicles | 24 | €5,977 | €7,908 | +€1,931 | +32.3% |
| Assets under construction and advance payments | 27 | - | €15,355 | +€15,355 | |
| Current assets | 29/58 | €6,427 | €26,588 | +€20,160 | +313.7% |
| Amounts receivable within one year | 40/41 | €723 | €8,461 | +€7,738 | +1070.3% |
| Trade receivables | 40 | - | €4,682 | +€4,682 | |
| Other amounts receivable | 41 | €723 | €3,779 | +€3,056 | +422.7% |
| Cash at bank and in hand | 54/58 | €2,904 | €16,043 | +€13,138 | +452.3% |
| Deferred charges and accrued income | 490/1 | €2,800 | €2,084 | -€716 | -25.6% |
| Total equity and liabilities | 10/49 | €12,404 | €49,851 | +€37,446 | +301.9% |
| Equity | 10/15 | €3,098 | €9,772 | +€6,674 | +215.4% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€402 | €6,272 | +€6,674 | |
| Amounts payable | 17/49 | €9,306 | €40,079 | +€30,773 | +330.7% |
| Amounts payable within one year | 42/48 | €9,306 | €40,079 | +€30,773 | +330.7% |
| Trade debts | 44 | €216 | €8,555 | +€8,338 | +3854.1% |
| Suppliers | 440/4 | €216 | €8,555 | +€8,338 | +3854.1% |
| Taxes, remuneration and social security | 45 | - | €1,718 | +€1,718 | |
| Taxes | 450/3 | - | €1,718 | +€1,718 | |
| Other amounts payable | 47/48 | €9,090 | €29,806 | +€20,716 | +227.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,835 | €1,116 | -€1,719 | -60.6% |
| Other operating charges | 640/8 | €387 | €1,485 | +€1,098 | +283.5% |
| Gross operating margin | 9900 | €2,983 | €11,064 | +€8,081 | +270.9% |
| Operating profit (loss) | 9901 | -€239 | €8,463 | +€8,702 | |
| Financial charges | 65/66B | €163 | €71 | -€92 | -56.4% |
| Recurring financial charges | 65 | €163 | €71 | -€92 | -56.4% |
| Profit (loss) for the period before taxes | 9903 | -€402 | €8,392 | +€8,794 | |
| Income taxes | 67/77 | - | €1,718 | +€1,718 | |
| Profit (loss) for the period | 9904 | -€402 | €6,674 | +€7,076 | |
| Profit (loss) for the period to be appropriated | 9905 | -€402 | €6,674 | +€7,076 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.