DOTS & STRIPES: 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.
DOTS & STRIPES
Largest movements
- Cash +€23,513
up €23,513 (+53.6%), from €43,882 to €67,396
mainly Net result for the year (+€51,845) and Short-term financial debts (+€4,389)
- Receivables within one year +€10,890
up €10,890 (+32.1%), from €33,922 to €44,811
of which Trade receivables: +€10,753
- Reserves +€40,849
up €40,849 (+90.1%), from €45,340 to €86,189
- Other debts -€15,087
down €15,087 (-57.8%), from €26,083 to €10,996
- Short-term financial debts +€4,389
new in 2025: €4,389
- Tax, wage and social debts +€2,883
up €2,883 (+35.2%), from €8,182 to €11,065
of which Taxes: +€2,578
- Trade debts +€2,012
up €2,012 (+96.3%), from €2,090 to €4,102
- Gross operating margin +€13,898
up €13,898 (+22.1%), from €62,845 to €76,743
- Taxes +€9,051
up €9,051 (+74.4%), from €12,163 to €21,214
- Depreciation +€1,310
up €1,310 (+58.9%), from €2,224 to €3,533
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 | €87,894 | €123,221 | +€35,327 | +40.2% |
| Fixed assets | 21/28 | €9,697 | €10,116 | +€419 | +4.3% |
| Tangible fixed assets | 22/27 | €6,741 | €7,160 | +€419 | +6.2% |
| Plant, machinery and equipment | 23 | €3,150 | €2,788 | -€362 | -11.5% |
| Furniture and vehicles | 24 | €2,260 | €3,707 | +€1,447 | +64.0% |
| Other tangible fixed assets | 26 | €1,331 | €665 | -€665 | -50.0% |
| Financial fixed assets | 28 | €2,956 | €2,956 | = | 0.0% |
| Current assets | 29/58 | €78,197 | €113,105 | +€34,908 | +44.6% |
| Amounts receivable within one year | 40/41 | €33,922 | €44,811 | +€10,890 | +32.1% |
| Trade receivables | 40 | €12,180 | €22,933 | +€10,753 | +88.3% |
| Other amounts receivable | 41 | €21,742 | €21,878 | +€137 | +0.6% |
| Cash at bank and in hand | 54/58 | €43,882 | €67,396 | +€23,513 | +53.6% |
| Deferred charges and accrued income | 490/1 | €393 | €898 | +€505 | +128.3% |
| Total equity and liabilities | 10/49 | €87,894 | €123,221 | +€35,327 | +40.2% |
| Equity | 10/15 | €51,540 | €92,389 | +€40,849 | +79.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €45,340 | €86,189 | +€40,849 | +90.1% |
| Distributable reserves | 133 | €45,340 | €86,189 | +€40,849 | +90.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €36,355 | €30,832 | -€5,522 | -15.2% |
| Amounts payable within one year | 42/48 | €36,355 | €30,551 | -€5,803 | -16.0% |
| Financial debts | 43 | - | €4,389 | +€4,389 | |
| Credit institutions | 430/8 | - | €4,389 | +€4,389 | |
| Trade debts | 44 | €2,090 | €4,102 | +€2,012 | +96.3% |
| Suppliers | 440/4 | €2,090 | €4,102 | +€2,012 | +96.3% |
| Taxes, remuneration and social security | 45 | €8,182 | €11,065 | +€2,883 | +35.2% |
| Taxes | 450/3 | €8,182 | €10,760 | +€2,578 | +31.5% |
| Remuneration and social security | 454/9 | - | €305 | +€305 | |
| Other amounts payable | 47/48 | €26,083 | €10,996 | -€15,087 | -57.8% |
| Accrued charges and deferred income | 492/3 | €0 | €281 | +€281 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,224 | €3,533 | +€1,310 | +58.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,088 | €1,074 | -€14 | -1.3% |
| Gross operating margin | 9900 | €62,845 | €76,743 | +€13,898 | +22.1% |
| Operating profit (loss) | 9901 | €59,533 | €72,136 | +€12,602 | +21.2% |
| Financial income | 75/76B | €473 | €1,203 | +€730 | +154.6% |
| Recurring financial income | 75 | €473 | €1,203 | +€730 | +154.6% |
| Financial charges | 65/66B | €190 | €280 | +€91 | +47.8% |
| Recurring financial charges | 65 | €190 | €280 | +€91 | +47.8% |
| Profit (loss) for the period before taxes | 9903 | €59,816 | €73,058 | +€13,242 | +22.1% |
| Income taxes | 67/77 | €12,163 | €21,214 | +€9,051 | +74.4% |
| Profit (loss) for the period | 9904 | €47,653 | €51,845 | +€4,192 | +8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €47,653 | €51,845 | +€4,192 | +8.8% |
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 2 October 2026 via checked.be.