E-Desk: 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.
E-Desk
Largest movements
- Current investments +€24,000
up €24,000 (+92.3%), from €26,012 to €50,011
- Cash -€8,213
down €8,213 (-9.3%), from €88,504 to €80,292
mainly Current investments (-€24,000) and Tax, wage and social debts (-€14,426)
- Receivables within one year -€4,148
down €4,148 (-34.5%), from €12,025 to €7,876
of which Trade receivables: -€3,504
- Reserves +€25,804
up €25,804 (+30.2%), from €85,490 to €111,294
- Tax, wage and social debts -€14,426
down €14,426 (-47.9%), from €30,119 to €15,693
- Other debts +€2,132
up €2,132 (+76.0%), from €2,806 to €4,938
- Trade debts -€1,901
down €1,901 (-47.7%), from €3,984 to €2,083
- Gross operating margin -€12,317
down €12,317 (-25.8%), from €47,743 to €35,426
- Financial income +€866
up €866 (+226%), from €383 to €1,249
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 | €126,571 | €138,180 | +€11,609 | +9.2% |
| Fixed assets | 21/28 | €31 | - | -€31 | |
| Tangible fixed assets | 22/27 | €31 | - | -€31 | |
| Furniture and vehicles | 24 | €31 | - | -€31 | |
| Current assets | 29/58 | €126,540 | €138,180 | +€11,639 | +9.2% |
| Amounts receivable within one year | 40/41 | €12,025 | €7,876 | -€4,148 | -34.5% |
| Trade receivables | 40 | €11,131 | €7,626 | -€3,504 | -31.5% |
| Other amounts receivable | 41 | €894 | €250 | -€644 | -72.0% |
| Current investments | 50/53 | €26,012 | €50,011 | +€24,000 | +92.3% |
| Cash at bank and in hand | 54/58 | €88,504 | €80,292 | -€8,213 | -9.3% |
| Total equity and liabilities | 10/49 | €126,571 | €138,180 | +€11,609 | +9.2% |
| Equity | 10/15 | €89,662 | €115,466 | +€25,804 | +28.8% |
| Contributions | 10/11 | €4,171 | €4,171 | = | 0.0% |
| Reserves | 13 | €85,490 | €111,294 | +€25,804 | +30.2% |
| Distributable reserves | 133 | €85,490 | €111,294 | +€25,804 | +30.2% |
| Amounts payable | 17/49 | €36,909 | €22,714 | -€14,196 | -38.5% |
| Amounts payable within one year | 42/48 | €36,909 | €22,714 | -€14,196 | -38.5% |
| Trade debts | 44 | €3,984 | €2,083 | -€1,901 | -47.7% |
| Suppliers | 440/4 | €3,984 | €2,083 | -€1,901 | -47.7% |
| Taxes, remuneration and social security | 45 | €30,119 | €15,693 | -€14,426 | -47.9% |
| Taxes | 450/3 | €30,119 | €15,693 | -€14,426 | -47.9% |
| Other amounts payable | 47/48 | €2,806 | €4,938 | +€2,132 | +76.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €318 | €31 | -€288 | -90.4% |
| Other operating charges | 640/8 | €701 | €656 | -€44 | -6.3% |
| Gross operating margin | 9900 | €47,743 | €35,426 | -€12,317 | -25.8% |
| Operating profit (loss) | 9901 | €46,724 | €34,740 | -€11,984 | -25.6% |
| Financial income | 75/76B | €383 | €1,249 | +€866 | +226% |
| Recurring financial income | 75 | €383 | €1,249 | +€866 | +226% |
| Financial charges | 65/66B | €104 | €105 | +€1 | +1.1% |
| Recurring financial charges | 65 | €104 | €105 | +€1 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €47,003 | €35,884 | -€11,119 | -23.7% |
| Income taxes | 67/77 | €9,980 | €10,080 | +€99 | +1.0% |
| Profit (loss) for the period | 9904 | €37,023 | €25,804 | -€11,219 | -30.3% |
| Profit (loss) for the period to be appropriated | 9905 | €37,023 | €25,804 | -€11,219 | -30.3% |
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 17 October 2026 via checked.be.