DYNAMIC-SOLUTION: 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.
DYNAMIC-SOLUTION
Largest movements
- Receivables within one year +€29,756
up €29,756 (+133.5%), from €22,293 to €52,050
of which Trade receivables: +€18,549
- Cash +€15,907
up €15,907 (+120.8%), from €13,164 to €29,071
mainly Net result for the year (+€40,198) and Tax, wage and social debts (+€8,892)
- Tangible fixed assets +€2,154
up €2,154 (+173.4%), from €1,242 to €3,396
- Reserves +€40,198
up €40,198 (+208.6%), from €19,273 to €59,471
- Tax, wage and social debts +€8,892
up €8,892 (+64.1%), from €13,868 to €22,761
- Trade debts -€1,103
down €1,103 (-51.8%), from €2,130 to €1,027
- Gross operating margin +€14,142
up €14,142 (+36.4%), from €38,839 to €52,981
- Taxes +€3,636
up €3,636 (+49.0%), from €7,421 to €11,057
- Staff costs +€829
new in 2025: €829
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 | €37,771 | €85,759 | +€47,987 | +127.0% |
| Fixed assets | 21/28 | €1,243 | €3,397 | +€2,154 | +173.2% |
| Intangible fixed assets | 21 | €1 | €1 | -€0 | -10.0% |
| Tangible fixed assets | 22/27 | €1,242 | €3,396 | +€2,154 | +173.4% |
| Furniture and vehicles | 24 | €1,242 | €3,396 | +€2,154 | +173.4% |
| Current assets | 29/58 | €36,528 | €82,361 | +€45,833 | +125.5% |
| Amounts receivable within one year | 40/41 | €22,293 | €52,050 | +€29,756 | +133.5% |
| Trade receivables | 40 | €10,544 | €29,093 | +€18,549 | +175.9% |
| Other amounts receivable | 41 | €11,749 | €22,957 | +€11,207 | +95.4% |
| Cash at bank and in hand | 54/58 | €13,164 | €29,071 | +€15,907 | +120.8% |
| Deferred charges and accrued income | 490/1 | €1,071 | €1,241 | +€170 | +15.8% |
| Total equity and liabilities | 10/49 | €37,771 | €85,759 | +€47,987 | +127.0% |
| Equity | 10/15 | €21,773 | €61,971 | +€40,198 | +184.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €19,273 | €59,471 | +€40,198 | +208.6% |
| Distributable reserves | 133 | €19,273 | €59,471 | +€40,198 | +208.6% |
| Amounts payable | 17/49 | €15,998 | €23,788 | +€7,789 | +48.7% |
| Amounts payable within one year | 42/48 | €15,998 | €23,788 | +€7,789 | +48.7% |
| Trade debts | 44 | €2,130 | €1,027 | -€1,103 | -51.8% |
| Suppliers | 440/4 | €2,130 | €1,027 | -€1,103 | -51.8% |
| Taxes, remuneration and social security | 45 | €13,868 | €22,761 | +€8,892 | +64.1% |
| Taxes | 450/3 | €13,868 | €22,761 | +€8,892 | +64.1% |
| Remuneration, social security and pensions | 62 | - | €829 | +€829 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €311 | €555 | +€245 | +78.7% |
| Other operating charges | 640/8 | €293 | €255 | -€38 | -12.8% |
| Non-recurring operating charges | 66A | €11,500 | - | -€11,500 | |
| Gross operating margin | 9900 | €38,839 | €52,981 | +€14,142 | +36.4% |
| Operating profit (loss) | 9901 | €26,736 | €51,341 | +€24,605 | +92.0% |
| Financial income | 75/76B | €0 | €9 | +€9 | +91900.0% |
| Recurring financial income | 75 | €0 | €9 | +€9 | +91900.0% |
| Financial charges | 65/66B | €42 | €95 | +€54 | +129.5% |
| Recurring financial charges | 65 | €42 | €95 | +€54 | +129.5% |
| Profit (loss) for the period before taxes | 9903 | €26,694 | €51,255 | +€24,561 | +92.0% |
| Income taxes | 67/77 | €7,421 | €11,057 | +€3,636 | +49.0% |
| Profit (loss) for the period | 9904 | €19,273 | €40,198 | +€20,925 | +108.6% |
| Profit (loss) for the period to be appropriated | 9905 | €19,273 | €40,198 | +€20,925 | +108.6% |
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 12 October 2026 via checked.be.