EMOTIONS: 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.
EMOTIONS
Largest movements
- Receivables within one year +€10,463
up €10,463 (+133.0%), from €7,865 to €18,328
of which Trade receivables: +€10,336
- Tangible fixed assets -€893
down €893 (-22.3%), from €4,005 to €3,112
- Other debts +€21,546
up €21,546 (+112.3%), from €19,180 to €40,726
- Profit (loss) carried forward -€14,000
down €14,000 (-100.0%), from €14,000 to €0
- Trade debts +€1,126
up €1,126 (+380.0%), from €296 to €1,423
- Tax, wage and social debts +€855
up €855 (+9.1%), from €9,355 to €10,210
- Gross operating margin +€11,949
up €11,949 (+57.9%), from €20,648 to €32,597
- Taxes +€1,955
up €1,955 (+44.2%), from €4,418 to €6,373
- Other operating charges +€1,135
up €1,135 (+224.6%), from €505 to €1,640
- Depreciation +€432
up €432 (+93.6%), from €461 to €893
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 | €45,331 | €54,858 | +€9,527 | +21.0% |
| Fixed assets | 21/28 | €4,005 | €3,112 | -€893 | -22.3% |
| Tangible fixed assets | 22/27 | €4,005 | €3,112 | -€893 | -22.3% |
| Furniture and vehicles | 24 | €4,005 | €3,112 | -€893 | -22.3% |
| Current assets | 29/58 | €41,326 | €51,746 | +€10,420 | +25.2% |
| Amounts receivable within one year | 40/41 | €7,865 | €18,328 | +€10,463 | +133.0% |
| Trade receivables | 40 | €7,865 | €18,201 | +€10,336 | +131.4% |
| Other amounts receivable | 41 | - | €127 | +€127 | |
| Cash at bank and in hand | 54/58 | €33,461 | €33,418 | -€43 | -0.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €45,331 | €54,858 | +€9,527 | +21.0% |
| Equity | 10/15 | €16,500 | €2,500 | -€14,000 | -84.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,000 | €0 | -€14,000 | -100.0% |
| Amounts payable | 17/49 | €28,831 | €52,358 | +€23,527 | +81.6% |
| Amounts payable within one year | 42/48 | €28,831 | €52,358 | +€23,527 | +81.6% |
| Trade debts | 44 | €296 | €1,423 | +€1,126 | +380.0% |
| Suppliers | 440/4 | €296 | €1,423 | +€1,126 | +380.0% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €9,355 | €10,210 | +€855 | +9.1% |
| Taxes | 450/3 | €9,355 | €10,210 | +€855 | +9.1% |
| Other amounts payable | 47/48 | €19,180 | €40,726 | +€21,546 | +112.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €461 | €893 | +€432 | +93.6% |
| Other operating charges | 640/8 | €505 | €1,640 | +€1,135 | +224.6% |
| Gross operating margin | 9900 | €20,648 | €32,597 | +€11,949 | +57.9% |
| Operating profit (loss) | 9901 | €19,681 | €30,063 | +€10,382 | +52.8% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €734 | €535 | -€199 | -27.1% |
| Recurring financial charges | 65 | €734 | €535 | -€199 | -27.1% |
| Profit (loss) for the period before taxes | 9903 | €18,947 | €29,528 | +€10,581 | +55.8% |
| Income taxes | 67/77 | €4,418 | €6,373 | +€1,955 | +44.2% |
| Profit (loss) for the period | 9904 | €14,529 | €23,155 | +€8,626 | +59.4% |
| Profit (loss) for the period to be appropriated | 9905 | €14,529 | €23,155 | +€8,626 | +59.4% |
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 5 October 2026 via checked.be.