E2 construct: 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.
E2 construct
Largest movements
- Cash +€12,917
up €12,917 (+270.6%), from €4,774 to €17,691
mainly Net result for the year (+€11,977) and Other debts (+€6,634)
- Receivables within one year +€10,276
up €10,276 (+3194.2%), from €322 to €10,598
of which Trade receivables: +€10,000
- Profit (loss) carried forward +€11,977
up €11,977, from -€3,080 to €8,897
- Other debts +€6,634
up €6,634 (+92.4%), from €7,176 to €13,809
- Tax, wage and social debts +€4,426
new in 2025: €4,426
- Gross operating margin +€17,439
up €17,439, from -€3,080 to €14,359
- Taxes +€2,350
new in 2025: €2,350
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 | €5,095 | €28,289 | +€23,193 | +455.2% |
| Current assets | 29/58 | €5,095 | €28,289 | +€23,193 | +455.2% |
| Amounts receivable within one year | 40/41 | €322 | €10,598 | +€10,276 | +3194.2% |
| Trade receivables | 40 | - | €10,000 | +€10,000 | |
| Other amounts receivable | 41 | €322 | €598 | +€276 | +85.9% |
| Cash at bank and in hand | 54/58 | €4,774 | €17,691 | +€12,917 | +270.6% |
| Total equity and liabilities | 10/49 | €5,095 | €28,289 | +€23,193 | +455.2% |
| Equity | 10/15 | -€2,080 | €9,897 | +€11,977 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,080 | €8,897 | +€11,977 | |
| Amounts payable | 17/49 | €7,176 | €18,392 | +€11,216 | +156.3% |
| Amounts payable within one year | 42/48 | €7,176 | €18,392 | +€11,216 | +156.3% |
| Trade debts | 44 | - | €157 | +€157 | |
| Suppliers | 440/4 | - | €157 | +€157 | |
| Taxes, remuneration and social security | 45 | - | €4,426 | +€4,426 | |
| Taxes | 450/3 | - | €4,426 | +€4,426 | |
| Other amounts payable | 47/48 | €7,176 | €13,809 | +€6,634 | +92.4% |
| Gross operating margin | 9900 | -€3,080 | €14,359 | +€17,439 | |
| Operating profit (loss) | 9901 | -€3,080 | €14,359 | +€17,439 | |
| Financial charges | 65/66B | - | €31 | +€31 | |
| Recurring financial charges | 65 | - | €31 | +€31 | |
| Profit (loss) for the period before taxes | 9903 | -€3,080 | €14,328 | +€17,408 | |
| Income taxes | 67/77 | - | €2,350 | +€2,350 | |
| Profit (loss) for the period | 9904 | -€3,080 | €11,977 | +€15,058 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,080 | €11,977 | +€15,058 |
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 6 October 2026 via checked.be.