EERSTE KLAS: 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.
EERSTE KLAS
Largest movements
- Receivables within one year +€48,623
up €48,623 (+118.6%), from €41,002 to €89,625
of which Trade receivables: +€48,855
- Cash +€1,659
up €1,659 (+77.3%), from €2,146 to €3,805
mainly Net result for the year (+€65,452) and Other debts (+€51,636)
- Other debts +€51,636
up €51,636 (+6352.3%), from €813 to €52,449
- Tax, wage and social debts -€6,128
down €6,128 (-47.3%), from €12,954 to €6,826
- Profit (loss) carried forward +€5,452
up €5,452 (+44.6%), from €12,223 to €17,674
- Gross operating margin +€46,423
up €46,423 (+105.0%), from €44,216 to €90,639
- Taxes +€8,405
up €8,405 (+71.0%), from €11,832 to €20,237
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 | €51,553 | €101,648 | +€50,095 | +97.2% |
| Fixed assets | 21/28 | €6,949 | €6,414 | -€536 | -7.7% |
| Tangible fixed assets | 22/27 | €6,949 | €6,414 | -€536 | -7.7% |
| Plant, machinery and equipment | 23 | €286 | €0 | -€286 | -100.0% |
| Furniture and vehicles | 24 | €6,663 | €6,414 | -€250 | -3.7% |
| Current assets | 29/58 | €44,603 | €95,234 | +€50,631 | +113.5% |
| Amounts receivable within one year | 40/41 | €41,002 | €89,625 | +€48,623 | +118.6% |
| Trade receivables | 40 | €35,144 | €83,999 | +€48,855 | +139.0% |
| Other amounts receivable | 41 | €5,858 | €5,626 | -€232 | -4.0% |
| Cash at bank and in hand | 54/58 | €2,146 | €3,805 | +€1,659 | +77.3% |
| Deferred charges and accrued income | 490/1 | €1,455 | €1,804 | +€349 | +24.0% |
| Total equity and liabilities | 10/49 | €51,553 | €101,648 | +€50,095 | +97.2% |
| Equity | 10/15 | €34,857 | €40,309 | +€5,452 | +15.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €4,085 | €4,085 | = | 0.0% |
| Distributable reserves | 133 | €4,085 | €4,085 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,223 | €17,674 | +€5,452 | +44.6% |
| Amounts payable | 17/49 | €16,696 | €61,339 | +€44,643 | +267.4% |
| Amounts payable within one year | 42/48 | €16,626 | €61,269 | +€44,643 | +268.5% |
| Trade debts | 44 | €2,859 | €1,994 | -€865 | -30.2% |
| Suppliers | 440/4 | €2,859 | €1,994 | -€865 | -30.2% |
| Taxes, remuneration and social security | 45 | €12,954 | €6,826 | -€6,128 | -47.3% |
| Taxes | 450/3 | €12,954 | €6,826 | -€6,128 | -47.3% |
| Other amounts payable | 47/48 | €813 | €52,449 | +€51,636 | +6352.3% |
| Accrued charges and deferred income | 492/3 | €70 | €70 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,237 | €2,625 | -€612 | -18.9% |
| Other operating charges | 640/8 | €1,902 | €2,037 | +€136 | +7.1% |
| Gross operating margin | 9900 | €44,216 | €90,639 | +€46,423 | +105.0% |
| Operating profit (loss) | 9901 | €39,077 | €85,977 | +€46,899 | +120.0% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €279 | €288 | +€9 | +3.3% |
| Recurring financial charges | 65 | €279 | €288 | +€9 | +3.3% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €38,799 | €85,689 | +€46,890 | +120.9% |
| Income taxes | 67/77 | €11,832 | €20,237 | +€8,405 | +71.0% |
| Profit (loss) for the period | 9904 | €26,967 | €65,452 | +€38,485 | +142.7% |
| Profit (loss) for the period to be appropriated | 9905 | €26,967 | €65,452 | +€38,485 | +142.7% |
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 8 October 2026 via checked.be.