ECONOMETRICS & GOLD: 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.
ECONOMETRICS & GOLD
Largest movements
- Receivables within one year +€28,615
up €28,615 (+295%), from €9,713 to €38,328
of which Trade receivables: +€20,646
- Cash +€4,771
up €4,771 (+19.5%), from €24,480 to €29,251
mainly Trade debts (+€17,189) and Other debts (+€11,765)
- Tangible fixed assets +€2,486
up €2,486 (+103%), from €2,416 to €4,902
of which Other tangible fixed assets: +€2,640
- Trade debts +€17,189
up €17,189 (+348%), from €4,939 to €22,128
- Other debts +€11,765
new in 2025: €11,765
- Tax, wage and social debts +€11,642
up €11,642 (+123%), from €9,450 to €21,092
of which Taxes: +€11,642
- Profit (loss) carried forward -€4,779
down €4,779 (-8.3%), from €57,775 to €52,996
- Gross operating margin +€21,327
up €21,327, from -€2,520 to €18,807
- Taxes +€6,121
up €6,121 (+207%), from €2,956 to €9,077
- Financial charges -€744
down €744 (-62.7%), from €1,186 to €442
- Depreciation +€267
up €267 (+15.3%), from €1,750 to €2,017
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 | €74,164 | €109,981 | +€35,817 | +48.3% |
| Fixed assets | 21/28 | €2,416 | €4,902 | +€2,486 | +103% |
| Tangible fixed assets | 22/27 | €2,416 | €4,902 | +€2,486 | +103% |
| Furniture and vehicles | 24 | €2,416 | €2,262 | -€154 | -6.4% |
| Other tangible fixed assets | 26 | - | €2,640 | +€2,640 | |
| Current assets | 29/58 | €71,748 | €105,079 | +€33,331 | +46.5% |
| Amounts receivable after more than one year | 29 | €37,500 | €37,500 | = | 0.0% |
| Other amounts receivable | 291 | €37,500 | €37,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €9,713 | €38,328 | +€28,615 | +295% |
| Trade receivables | 40 | €3,939 | €24,585 | +€20,646 | +524% |
| Other amounts receivable | 41 | €5,774 | €13,743 | +€7,969 | +138% |
| Cash at bank and in hand | 54/58 | €24,480 | €29,251 | +€4,771 | +19.5% |
| Deferred charges and accrued income | 490/1 | €55 | - | -€55 | |
| Total equity and liabilities | 10/49 | €74,164 | €109,981 | +€35,817 | +48.3% |
| Equity | 10/15 | €59,775 | €54,996 | -€4,779 | -8.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,775 | €52,996 | -€4,779 | -8.3% |
| Amounts payable | 17/49 | €14,389 | €54,985 | +€40,596 | +282% |
| Amounts payable within one year | 42/48 | €14,389 | €54,985 | +€40,596 | +282% |
| Trade debts | 44 | €4,939 | €22,128 | +€17,189 | +348% |
| Suppliers | 440/4 | €4,939 | €22,128 | +€17,189 | +348% |
| Taxes, remuneration and social security | 45 | €9,450 | €21,092 | +€11,642 | +123% |
| Taxes | 450/3 | €9,132 | €20,774 | +€11,642 | +127% |
| Remuneration and social security | 454/9 | €318 | €318 | = | 0.0% |
| Other amounts payable | 47/48 | - | €11,765 | +€11,765 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,750 | €2,017 | +€267 | +15.3% |
| Other operating charges | 640/8 | €726 | €820 | +€94 | +12.9% |
| Gross operating margin | 9900 | -€2,520 | €18,807 | +€21,327 | |
| Operating profit (loss) | 9901 | -€4,996 | €15,970 | +€20,966 | |
| Financial income | 75/76B | €353 | €534 | +€181 | +51.3% |
| Recurring financial income | 75 | €353 | €534 | +€181 | +51.3% |
| Financial charges | 65/66B | €1,186 | €442 | -€744 | -62.7% |
| Recurring financial charges | 65 | €1,186 | €442 | -€744 | -62.7% |
| Profit (loss) for the period before taxes | 9903 | -€5,829 | €16,062 | +€21,891 | |
| Income taxes | 67/77 | €2,956 | €9,077 | +€6,121 | +207% |
| Profit (loss) for the period | 9904 | -€8,785 | €6,985 | +€15,770 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,785 | €6,985 | +€15,770 |
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 26 October 2026 via checked.be.