Eksplisit: 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.
Eksplisit
Largest movements
- Cash +€51,848
up €51,848 (+126%), from €41,082 to €92,930
mainly Other debts (+€74,000) and Net result for the year (+€25,861)
- Receivables within one year -€25,388
down €25,388 (-52.4%), from €48,441 to €23,053
of which Other amounts receivable: -€24,449
- Other debts +€74,000
new in 2025: €74,000
- Reserves -€48,139
down €48,139 (-99.7%), from €48,307 to €168
- Tax, wage and social debts +€5,380
up €5,380 (+87.6%), from €6,144 to €11,524
- Debts after one year -€5,020
down €5,020 (-19.7%), from €25,544 to €20,524
- Gross operating margin +€7,562
up €7,562 (+26.4%), from €28,629 to €36,191
- Taxes +€1,016
up €1,016 (+17.9%), from €5,659 to €6,674
- Other operating charges +€660
up €660 (+28.3%), from €2,336 to €2,996
- Financial income -€472
down €472 (-30.8%), from €1,532 to €1,060
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 | €91,155 | €118,047 | +€26,893 | +29.5% |
| Current assets | 29/58 | €91,155 | €118,047 | +€26,893 | +29.5% |
| Amounts receivable within one year | 40/41 | €48,441 | €23,053 | -€25,388 | -52.4% |
| Trade receivables | 40 | €939 | - | -€939 | |
| Other amounts receivable | 41 | €47,502 | €23,053 | -€24,449 | -51.5% |
| Cash at bank and in hand | 54/58 | €41,082 | €92,930 | +€51,848 | +126% |
| Deferred charges and accrued income | 490/1 | €1,632 | €2,064 | +€433 | +26.5% |
| Total equity and liabilities | 10/49 | €91,155 | €118,047 | +€26,893 | +29.5% |
| Equity | 10/15 | €53,307 | €5,168 | -€48,139 | -90.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €48,307 | €168 | -€48,139 | -99.7% |
| Distributable reserves | 133 | €48,307 | €168 | -€48,139 | -99.7% |
| Amounts payable | 17/49 | €37,848 | €112,880 | +€75,032 | +198% |
| Amounts payable after more than one year | 17 | €25,544 | €20,524 | -€5,020 | -19.7% |
| Financial debts | 170/4 | €25,544 | €20,524 | -€5,020 | -19.7% |
| Amounts payable within one year | 42/48 | €11,749 | €91,881 | +€80,132 | +682% |
| Current portion of amounts payable after more than one year | 42 | €4,977 | €5,020 | +€44 | +0.9% |
| Trade debts | 44 | €628 | €1,337 | +€708 | +113% |
| Suppliers | 440/4 | €628 | €1,337 | +€708 | +113% |
| Taxes, remuneration and social security | 45 | €6,144 | €11,524 | +€5,380 | +87.6% |
| Taxes | 450/3 | €6,144 | €11,524 | +€5,380 | +87.6% |
| Other amounts payable | 47/48 | - | €74,000 | +€74,000 | |
| Accrued charges and deferred income | 492/3 | €554 | €475 | -€80 | -14.4% |
| Non-recurring operating income | 76A | - | €5,563 | +€5,563 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104 | - | -€104 | |
| Other operating charges | 640/8 | €2,336 | €2,996 | +€660 | +28.3% |
| Gross operating margin | 9900 | €28,629 | €36,191 | +€7,562 | +26.4% |
| Operating profit (loss) | 9901 | €26,189 | €33,195 | +€7,006 | +26.8% |
| Financial income | 75/76B | €1,532 | €1,060 | -€472 | -30.8% |
| Recurring financial income | 75 | €1,532 | €1,060 | -€472 | -30.8% |
| Financial charges | 65/66B | €1,384 | €1,719 | +€335 | +24.2% |
| Recurring financial charges | 65 | €1,384 | €1,719 | +€335 | +24.2% |
| Profit (loss) for the period before taxes | 9903 | €26,337 | €32,535 | +€6,198 | +23.5% |
| Income taxes | 67/77 | €5,659 | €6,674 | +€1,016 | +17.9% |
| Profit (loss) for the period | 9904 | €20,678 | €25,861 | +€5,183 | +25.1% |
| Profit (loss) for the period to be appropriated | 9905 | €20,678 | €25,861 | +€5,183 | +25.1% |
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 14 October 2026 via checked.be.