En línea: 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 línea
Largest movements
- Financial fixed assets +€48,000
new in 2025: €48,000
- Cash -€42,421
down €42,421 (-98.2%), from €43,219 to €798
mainly Investment in fixed assets (net) (-€47,495) and Receivables within one year (-€10,806)
- Receivables within one year +€10,806
up €10,806 (+85.9%), from €12,583 to €23,390
of which Trade receivables: +€13,221
- Tangible fixed assets -€7,902
down €7,902 (-23.4%), from €33,722 to €25,821
of which Furniture and vehicles: -€10,593
- Tax, wage and social debts +€7,597
up €7,597 (+422%), from €1,799 to €9,396
of which Taxes: +€6,743
- Trade debts -€6,435
down €6,435 (-97.9%), from €6,575 to €140
- Reserves +€6,237
up €6,237 (+12.5%), from €49,979 to €56,215
- Other debts +€1,000
up €1,000 (+4.0%), from €25,000 to €26,000
- Gross operating margin -€18,084
down €18,084 (-49.5%), from €36,523 to €18,439
- Taxes -€3,694
down €3,694 (-62.4%), from €5,924 to €2,230
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 | €90,051 | €98,769 | +€8,718 | +9.7% |
| Fixed assets | 21/28 | €33,722 | €73,821 | +€40,098 | +119% |
| Tangible fixed assets | 22/27 | €33,722 | €25,821 | -€7,902 | -23.4% |
| Plant, machinery and equipment | 23 | - | €2,691 | +€2,691 | |
| Furniture and vehicles | 24 | €33,722 | €23,129 | -€10,593 | -31.4% |
| Financial fixed assets | 28 | - | €48,000 | +€48,000 | |
| Current assets | 29/58 | €56,328 | €24,948 | -€31,380 | -55.7% |
| Amounts receivable within one year | 40/41 | €12,583 | €23,390 | +€10,806 | +85.9% |
| Trade receivables | 40 | €8,898 | €22,119 | +€13,221 | +149% |
| Other amounts receivable | 41 | €3,685 | €1,270 | -€2,415 | -65.5% |
| Cash at bank and in hand | 54/58 | €43,219 | €798 | -€42,421 | -98.2% |
| Deferred charges and accrued income | 490/1 | €526 | €761 | +€235 | +44.6% |
| Total equity and liabilities | 10/49 | €90,051 | €98,769 | +€8,718 | +9.7% |
| Equity | 10/15 | €54,979 | €61,215 | +€6,237 | +11.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €49,979 | €56,215 | +€6,237 | +12.5% |
| Distributable reserves | 133 | €49,979 | €56,215 | +€6,237 | +12.5% |
| Amounts payable | 17/49 | €35,072 | €37,554 | +€2,482 | +7.1% |
| Amounts payable within one year | 42/48 | €33,374 | €35,536 | +€2,162 | +6.5% |
| Trade debts | 44 | €6,575 | €140 | -€6,435 | -97.9% |
| Suppliers | 440/4 | €6,575 | €140 | -€6,435 | -97.9% |
| Taxes, remuneration and social security | 45 | €1,799 | €9,396 | +€7,597 | +422% |
| Taxes | 450/3 | €300 | €7,043 | +€6,743 | +2,248% |
| Remuneration and social security | 454/9 | €1,499 | €2,353 | +€854 | +57.0% |
| Other amounts payable | 47/48 | €25,000 | €26,000 | +€1,000 | +4.0% |
| Accrued charges and deferred income | 492/3 | €1,698 | €2,018 | +€319 | +18.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,247 | €7,397 | +€150 | +2.1% |
| Other operating charges | 640/8 | €543 | €724 | +€181 | +33.4% |
| Gross operating margin | 9900 | €36,523 | €18,439 | -€18,084 | -49.5% |
| Operating profit (loss) | 9901 | €28,733 | €10,318 | -€18,415 | -64.1% |
| Financial income | 75/76B | €302 | €0 | -€302 | -100.0% |
| Recurring financial income | 75 | €302 | €0 | -€302 | -100.0% |
| Financial charges | 65/66B | €1,985 | €1,852 | -€134 | -6.7% |
| Recurring financial charges | 65 | €1,985 | €1,852 | -€134 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €27,049 | €8,466 | -€18,583 | -68.7% |
| Income taxes | 67/77 | €5,924 | €2,230 | -€3,694 | -62.4% |
| Profit (loss) for the period | 9904 | €21,126 | €6,237 | -€14,889 | -70.5% |
| Profit (loss) for the period to be appropriated | 9905 | €21,126 | €6,237 | -€14,889 | -70.5% |
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 16 October 2026 via checked.be.