ENTITY: 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.
ENTITY
Largest movements
- Cash +€3,320
up €3,320 (+4,632%), from €72 to €3,392
mainly Depreciation (+€2,808) and Tax, wage and social debts (+€1,863)
- Tangible fixed assets -€2,808
down €2,808 (-44.5%), from €6,304 to €3,497
- Receivables within one year +€1,944
up €1,944 (+34.8%), from €5,583 to €7,527
of which Other amounts receivable: +€1,443
- Tax, wage and social debts +€1,863
up €1,863 (+124%), from €1,500 to €3,363
of which Remuneration and social security: +€1,479
- Trade debts +€703
up €703 (+42.1%), from €1,669 to €2,372
- Gross operating margin +€16,246
up €16,246 (+635%), from €2,559 to €18,805
- Staff costs +€15,359
new in 2025: €15,359
- Other operating charges +€361
up €361 (+121%), from €299 to €660
- Depreciation -€232
down €232 (-7.6%), from €3,040 to €2,808
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 | €11,959 | €14,415 | +€2,456 | +20.5% |
| Fixed assets | 21/28 | €6,304 | €3,497 | -€2,808 | -44.5% |
| Tangible fixed assets | 22/27 | €6,304 | €3,497 | -€2,808 | -44.5% |
| Furniture and vehicles | 24 | €6,304 | €3,497 | -€2,808 | -44.5% |
| Current assets | 29/58 | €5,655 | €10,919 | +€5,264 | +93.1% |
| Amounts receivable within one year | 40/41 | €5,583 | €7,527 | +€1,944 | +34.8% |
| Trade receivables | 40 | €4,420 | €4,921 | +€501 | +11.3% |
| Other amounts receivable | 41 | €1,163 | €2,606 | +€1,443 | +124% |
| Cash at bank and in hand | 54/58 | €72 | €3,392 | +€3,320 | +4,632% |
| Total equity and liabilities | 10/49 | €11,959 | €14,415 | +€2,456 | +20.5% |
| Equity | 10/15 | €8,780 | €8,669 | -€110 | -1.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,780 | €7,669 | -€110 | -1.4% |
| Amounts payable | 17/49 | €3,179 | €5,746 | +€2,567 | +80.7% |
| Amounts payable within one year | 42/48 | €3,179 | €5,746 | +€2,567 | +80.7% |
| Financial debts | 43 | €11 | €11 | = | 0.0% |
| Credit institutions | 430/8 | €11 | €11 | = | 0.0% |
| Trade debts | 44 | €1,669 | €2,372 | +€703 | +42.1% |
| Suppliers | 440/4 | €1,669 | €2,372 | +€703 | +42.1% |
| Taxes, remuneration and social security | 45 | €1,500 | €3,363 | +€1,863 | +124% |
| Taxes | 450/3 | - | €385 | +€385 | |
| Remuneration and social security | 454/9 | €1,500 | €2,979 | +€1,479 | +98.6% |
| Remuneration, social security and pensions | 62 | - | €15,359 | +€15,359 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,040 | €2,808 | -€232 | -7.6% |
| Other operating charges | 640/8 | €299 | €660 | +€361 | +121% |
| Gross operating margin | 9900 | €2,559 | €18,805 | +€16,246 | +635% |
| Operating profit (loss) | 9901 | -€780 | -€22 | +€758 | +97.2% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €218 | €75 | -€143 | -65.6% |
| Recurring financial charges | 65 | €218 | €75 | -€143 | -65.6% |
| Profit (loss) for the period before taxes | 9903 | -€995 | -€97 | +€899 | +90.3% |
| Income taxes | 67/77 | - | €14 | +€14 | |
| Profit (loss) for the period | 9904 | -€995 | -€110 | +€885 | +88.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€995 | -€110 | +€885 | +88.9% |
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 13 October 2026 via checked.be.