E-duform: 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-duform
Largest movements
- Receivables within one year +€8,748
up €8,748 (+254.4%), from €3,439 to €12,187
of which Trade receivables: +€11,983
- Cash +€7,126
up €7,126 (+5.5%), from €129,664 to €136,789
mainly Net result for the year (+€16,674) and Tax, wage and social debts (+€7,541)
- Reserves +€15,008
up €15,008 (+23.5%), from €63,766 to €78,773
- Accrued charges and deferred income -€14,144
down €14,144 (-50.2%), from €28,148 to €14,004
- Tax, wage and social debts +€7,541
up €7,541 (+221.5%), from €3,404 to €10,945
- Other debts +€7,279
up €7,279 (+21.5%), from €33,834 to €41,114
- Gross operating margin +€4,436
up €4,436 (+20.4%), from €21,769 to €26,205
- Taxes +€3,382
up €3,382 (+90.0%), from €3,759 to €7,141
- Financial income +€784
up €784 (+373233.3%), from €0 to €784
- Depreciation -€571
down €571 (-55.0%), from €1,038 to €467
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 | €135,555 | €150,835 | +€15,280 | +11.3% |
| Fixed assets | 21/28 | €1,105 | €638 | -€467 | -42.2% |
| Tangible fixed assets | 22/27 | €1,105 | €638 | -€467 | -42.2% |
| Furniture and vehicles | 24 | €1,105 | €638 | -€467 | -42.2% |
| Current assets | 29/58 | €134,451 | €150,197 | +€15,746 | +11.7% |
| Amounts receivable within one year | 40/41 | €3,439 | €12,187 | +€8,748 | +254.4% |
| Trade receivables | 40 | €136 | €12,119 | +€11,983 | +8816.6% |
| Other amounts receivable | 41 | €3,303 | €68 | -€3,235 | -97.9% |
| Cash at bank and in hand | 54/58 | €129,664 | €136,789 | +€7,126 | +5.5% |
| Deferred charges and accrued income | 490/1 | €1,348 | €1,221 | -€128 | -9.5% |
| Total equity and liabilities | 10/49 | €135,555 | €150,835 | +€15,280 | +11.3% |
| Equity | 10/15 | €68,766 | €83,773 | +€15,008 | +21.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €63,766 | €78,773 | +€15,008 | +23.5% |
| Distributable reserves | 133 | €63,766 | €78,773 | +€15,008 | +23.5% |
| Amounts payable | 17/49 | €66,790 | €67,062 | +€272 | +0.4% |
| Amounts payable within one year | 42/48 | €38,642 | €53,058 | +€14,416 | +37.3% |
| Trade debts | 44 | €1,403 | €999 | -€404 | -28.8% |
| Suppliers | 440/4 | €1,403 | €999 | -€404 | -28.8% |
| Taxes, remuneration and social security | 45 | €3,404 | €10,945 | +€7,541 | +221.5% |
| Taxes | 450/3 | €3,404 | €10,945 | +€7,541 | +221.5% |
| Other amounts payable | 47/48 | €33,834 | €41,114 | +€7,279 | +21.5% |
| Accrued charges and deferred income | 492/3 | €28,148 | €14,004 | -€14,144 | -50.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,038 | €467 | -€571 | -55.0% |
| Other operating charges | 640/8 | €409 | €439 | +€30 | +7.2% |
| Gross operating margin | 9900 | €21,769 | €26,205 | +€4,436 | +20.4% |
| Operating profit (loss) | 9901 | €20,321 | €25,299 | +€4,978 | +24.5% |
| Financial income | 75/76B | €0 | €784 | +€784 | +373233.3% |
| Recurring financial income | 75 | €0 | €784 | +€784 | +373233.3% |
| Financial charges | 65/66B | €2,176 | €2,269 | +€93 | +4.3% |
| Recurring financial charges | 65 | €2,176 | €2,269 | +€93 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | €18,146 | €23,815 | +€5,669 | +31.2% |
| Income taxes | 67/77 | €3,759 | €7,141 | +€3,382 | +90.0% |
| Profit (loss) for the period | 9904 | €14,387 | €16,674 | +€2,286 | +15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,387 | €16,674 | +€2,286 | +15.9% |
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 11 October 2026 via checked.be.