en italic: 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.
en italic
Largest movements
- Tangible fixed assets +€4,230
up €4,230, from €0 to €4,230
- Cash +€698
up €698 (+1.8%), from €37,738 to €38,436
mainly Trade debts (+€2,304) and Net result for the year (+€1,734)
- Trade debts +€2,304
up €2,304, from €0 to €2,304
- Profit (loss) carried forward +€1,734
up €1,734, from -€94 to €1,640
- Tax, wage and social debts +€1,038
up €1,038 (+128%), from €813 to €1,851
- Depreciation -€1,168
down €1,168 (-63.0%), from €1,852 to €685
- Taxes -€178
down €178 (-58.3%), from €305 to €127
- Gross operating margin +€158
up €158 (+4.9%), from €3,253 to €3,411
- Other operating charges +€98
up €98 (+15.3%), from €642 to €741
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 | €42,658 | €47,429 | +€4,771 | +11.2% |
| Fixed assets | 21/28 | €0 | €4,230 | +€4,230 | |
| Tangible fixed assets | 22/27 | €0 | €4,230 | +€4,230 | |
| Furniture and vehicles | 24 | €0 | €4,230 | +€4,230 | |
| Current assets | 29/58 | €42,658 | €43,199 | +€541 | +1.3% |
| Amounts receivable within one year | 40/41 | €4,378 | €4,196 | -€182 | -4.2% |
| Trade receivables | 40 | €4,206 | €4,028 | -€178 | -4.2% |
| Other amounts receivable | 41 | €172 | €168 | -€4 | -2.3% |
| Cash at bank and in hand | 54/58 | €37,738 | €38,436 | +€698 | +1.8% |
| Deferred charges and accrued income | 490/1 | €542 | €567 | +€25 | +4.6% |
| Total equity and liabilities | 10/49 | €42,658 | €47,429 | +€4,771 | +11.2% |
| Equity | 10/15 | €906 | €2,640 | +€1,734 | +191% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€94 | €1,640 | +€1,734 | |
| Amounts payable | 17/49 | €41,752 | €44,788 | +€3,037 | +7.3% |
| Amounts payable within one year | 42/48 | €41,752 | €44,788 | +€3,037 | +7.3% |
| Trade debts | 44 | €0 | €2,304 | +€2,304 | |
| Suppliers | 440/4 | €0 | €2,304 | +€2,304 | |
| Taxes, remuneration and social security | 45 | €813 | €1,851 | +€1,038 | +128% |
| Taxes | 450/3 | €813 | €1,851 | +€1,038 | +128% |
| Other amounts payable | 47/48 | €40,939 | €40,633 | -€306 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,852 | €685 | -€1,168 | -63.0% |
| Other operating charges | 640/8 | €642 | €741 | +€98 | +15.3% |
| Gross operating margin | 9900 | €3,253 | €3,411 | +€158 | +4.9% |
| Operating profit (loss) | 9901 | €758 | €1,986 | +€1,228 | +162% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €125 | €125 | = | 0.0% |
| Recurring financial charges | 65 | €125 | €125 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €634 | €1,861 | +€1,228 | +194% |
| Income taxes | 67/77 | €305 | €127 | -€178 | -58.3% |
| Profit (loss) for the period | 9904 | €329 | €1,734 | +€1,405 | +427% |
| Profit (loss) for the period to be appropriated | 9905 | €329 | €1,734 | +€1,405 | +427% |
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 18 October 2026 via checked.be.