DocWriter: 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.
DocWriter
Largest movements
- Cash +€88,272
up €88,272 (+65.2%), from €135,481 to €223,752
mainly Debts after one year (+€130,000) and Net result for the year (+€109,928)
- Receivables within one year -€9,371
down €9,371 (-7.0%), from €134,217 to €124,846
of which Trade receivables: -€10,764
- Debts after one year +€130,000
new in 2025: €130,000
- Other debts -€67,236
down €67,236 (-81.3%), from €82,740 to €15,504
- Tax, wage and social debts +€12,871
up €12,871 (+20.9%), from €61,644 to €74,515
of which Taxes: +€9,407
- Reserves +€5,428
up €5,428 (+4.9%), from €110,582 to €116,011
- Gross operating margin +€90,665
up €90,665 (+34.4%), from €263,785 to €354,450
- Staff costs +€60,761
up €60,761 (+41.9%), from €145,125 to €205,886
- Taxes +€4,375
up €4,375 (+15.2%), from €28,776 to €33,150
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 | €279,735 | €364,368 | +€84,633 | +30.3% |
| Fixed assets | 21/28 | €7,682 | €9,900 | +€2,218 | +28.9% |
| Tangible fixed assets | 22/27 | €7,652 | €9,520 | +€1,868 | +24.4% |
| Furniture and vehicles | 24 | €6,691 | €7,309 | +€618 | +9.2% |
| Other tangible fixed assets | 26 | €961 | €2,211 | +€1,250 | +130% |
| Financial fixed assets | 28 | €30 | €380 | +€350 | +1,167% |
| Current assets | 29/58 | €272,053 | €354,468 | +€82,415 | +30.3% |
| Amounts receivable within one year | 40/41 | €134,217 | €124,846 | -€9,371 | -7.0% |
| Trade receivables | 40 | €117,874 | €107,110 | -€10,764 | -9.1% |
| Other amounts receivable | 41 | €16,343 | €17,736 | +€1,393 | +8.5% |
| Cash at bank and in hand | 54/58 | €135,481 | €223,752 | +€88,272 | +65.2% |
| Deferred charges and accrued income | 490/1 | €2,356 | €5,870 | +€3,514 | +149% |
| Total equity and liabilities | 10/49 | €279,735 | €364,368 | +€84,633 | +30.3% |
| Equity | 10/15 | €129,182 | €134,611 | +€5,428 | +4.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €110,582 | €116,011 | +€5,428 | +4.9% |
| Distributable reserves | 133 | €110,582 | €116,011 | +€5,428 | +4.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €150,553 | €229,758 | +€79,205 | +52.6% |
| Amounts payable after more than one year | 17 | - | €130,000 | +€130,000 | |
| Financial debts | 170/4 | - | €130,000 | +€130,000 | |
| Amounts payable within one year | 42/48 | €150,553 | €99,758 | -€50,795 | -33.7% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €6,169 | €9,739 | +€3,570 | +57.9% |
| Suppliers | 440/4 | €6,169 | €9,739 | +€3,570 | +57.9% |
| Taxes, remuneration and social security | 45 | €61,644 | €74,515 | +€12,871 | +20.9% |
| Taxes | 450/3 | €30,343 | €39,751 | +€9,407 | +31.0% |
| Remuneration and social security | 454/9 | €31,301 | €34,764 | +€3,463 | +11.1% |
| Other amounts payable | 47/48 | €82,740 | €15,504 | -€67,236 | -81.3% |
| Remuneration, social security and pensions | 62 | €145,125 | €205,886 | +€60,761 | +41.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,745 | €4,433 | +€687 | +18.4% |
| Other operating charges | 640/8 | €702 | €942 | +€240 | +34.2% |
| Gross operating margin | 9900 | €263,785 | €354,450 | +€90,665 | +34.4% |
| Operating profit (loss) | 9901 | €114,213 | €143,190 | +€28,976 | +25.4% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €114 | €111 | -€3 | -2.8% |
| Recurring financial charges | 65 | €114 | €111 | -€3 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | €114,100 | €143,079 | +€28,979 | +25.4% |
| Income taxes | 67/77 | €28,776 | €33,150 | +€4,375 | +15.2% |
| Profit (loss) for the period | 9904 | €85,324 | €109,928 | +€24,605 | +28.8% |
| Profit (loss) for the period to be appropriated | 9905 | €85,324 | €109,928 | +€24,605 | +28.8% |
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.