DR N. CHIRITA: 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.
DR N. CHIRITA
Largest movements
- Cash +€95,728
up €95,728 (+43.5%), from €220,062 to €315,790
mainly Net result for the year (+€137,942) and Other debts (+€10,799)
- Current investments +€24,759
up €24,759 (+42.4%), from €58,443 to €83,202
- Deferred charges and accrued income +€24,531
up €24,531 (+64.2%), from €38,221 to €62,752
- Reserves +€138,823
up €138,823 (+49.8%), from €279,000 to €417,823
- Other debts +€10,799
new in 2025: €10,799
- Gross operating margin +€30,033
up €30,033 (+20.2%), from €148,948 to €178,981
- Taxes +€7,468
up €7,468 (+23.1%), from €32,337 to €39,805
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 | €321,405 | €468,783 | +€147,378 | +45.9% |
| Fixed assets | 21/28 | €1,343 | €1,767 | +€424 | +31.6% |
| Tangible fixed assets | 22/27 | €1,263 | €1,687 | +€424 | +33.6% |
| Furniture and vehicles | 24 | €1,263 | €1,687 | +€424 | +33.6% |
| Financial fixed assets | 28 | €80 | €80 | = | 0.0% |
| Current assets | 29/58 | €320,062 | €467,016 | +€146,954 | +45.9% |
| Amounts receivable within one year | 40/41 | €3,336 | €5,272 | +€1,936 | +58.0% |
| Other amounts receivable | 41 | €3,336 | €5,272 | +€1,936 | +58.0% |
| Current investments | 50/53 | €58,443 | €83,202 | +€24,759 | +42.4% |
| Cash at bank and in hand | 54/58 | €220,062 | €315,790 | +€95,728 | +43.5% |
| Deferred charges and accrued income | 490/1 | €38,221 | €62,752 | +€24,531 | +64.2% |
| Total equity and liabilities | 10/49 | €321,405 | €468,783 | +€147,378 | +45.9% |
| Equity | 10/15 | €283,881 | €421,823 | +€137,942 | +48.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €279,000 | €417,823 | +€138,823 | +49.8% |
| Distributable reserves | 133 | €279,000 | €417,823 | +€138,823 | +49.8% |
| Profit (loss) carried forward | 14 | €881 | - | -€881 | |
| Amounts payable | 17/49 | €37,524 | €46,960 | +€9,436 | +25.1% |
| Amounts payable within one year | 42/48 | €35,486 | €46,397 | +€10,911 | +30.7% |
| Trade debts | 44 | €3,207 | €3,319 | +€112 | +3.5% |
| Suppliers | 440/4 | €3,207 | €3,319 | +€112 | +3.5% |
| Taxes, remuneration and social security | 45 | €32,279 | €32,279 | = | 0.0% |
| Taxes | 450/3 | €32,279 | €32,279 | = | 0.0% |
| Other amounts payable | 47/48 | - | €10,799 | +€10,799 | |
| Accrued charges and deferred income | 492/3 | €2,038 | €563 | -€1,475 | -72.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €226 | €698 | +€472 | +209% |
| Other operating charges | 640/8 | €590 | €655 | +€65 | +11.0% |
| Gross operating margin | 9900 | €148,948 | €178,981 | +€30,033 | +20.2% |
| Operating profit (loss) | 9901 | €148,132 | €177,628 | +€29,496 | +19.9% |
| Financial income | 75/76B | €352 | €489 | +€137 | +38.9% |
| Recurring financial income | 75 | €352 | €489 | +€137 | +38.9% |
| Financial charges | 65/66B | €504 | €370 | -€134 | -26.6% |
| Recurring financial charges | 65 | €504 | €370 | -€134 | -26.6% |
| Profit (loss) for the period before taxes | 9903 | €147,980 | €177,747 | +€29,767 | +20.1% |
| Income taxes | 67/77 | €32,337 | €39,805 | +€7,468 | +23.1% |
| Profit (loss) for the period | 9904 | €115,643 | €137,942 | +€22,299 | +19.3% |
| Profit (loss) for the period to be appropriated | 9905 | €115,643 | €137,942 | +€22,299 | +19.3% |
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 14 October 2026 via checked.be.