Exa10: 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.
Exa10
Largest movements
- Cash +€30,666
up €30,666 (+58.5%), from €52,447 to €83,113
mainly Receivables within one year (+€26,733) and Depreciation (+€7,168)
- Receivables within one year -€26,733
down €26,733 (-44.8%), from €59,705 to €32,972
of which Trade receivables: -€28,270
- Tangible fixed assets -€7,168
down €7,168 (-33.7%), from €21,252 to €14,084
of which Furniture and vehicles: -€6,917
- Profit (loss) carried forward +€8,042
up €8,042, from -€4,120 to €3,922
- Reserves -€4,119
down €4,119 (-3.8%), from €109,795 to €105,676
- Other debts -€3,322
no longer reported in 2025 (was €3,322)
- Debts after one year -€3,286
down €3,286 (-26.9%), from €12,214 to €8,928
- Taxes -€4,427
down €4,427 (-40.6%), from €10,913 to €6,486
- Depreciation -€2,414
down €2,414 (-25.2%), from €9,582 to €7,168
- Financial income +€936
up €936 (+10.6%), from €8,808 to €9,744
- Gross operating margin +€258
up €258 (+3.3%), from €7,785 to €8,043
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 | €133,404 | €130,169 | -€3,235 | -2.4% |
| Fixed assets | 21/28 | €21,252 | €14,084 | -€7,168 | -33.7% |
| Tangible fixed assets | 22/27 | €21,252 | €14,084 | -€7,168 | -33.7% |
| Plant, machinery and equipment | 23 | €502 | €251 | -€251 | -50.0% |
| Furniture and vehicles | 24 | €20,750 | €13,833 | -€6,917 | -33.3% |
| Current assets | 29/58 | €112,152 | €116,085 | +€3,933 | +3.5% |
| Amounts receivable within one year | 40/41 | €59,705 | €32,972 | -€26,733 | -44.8% |
| Trade receivables | 40 | €52,041 | €23,771 | -€28,270 | -54.3% |
| Other amounts receivable | 41 | €7,664 | €9,201 | +€1,537 | +20.1% |
| Cash at bank and in hand | 54/58 | €52,447 | €83,113 | +€30,666 | +58.5% |
| Total equity and liabilities | 10/49 | €133,404 | €130,169 | -€3,235 | -2.4% |
| Equity | 10/15 | €111,075 | €114,998 | +€3,923 | +3.5% |
| Contributions | 10/11 | €5,400 | €5,400 | = | 0.0% |
| Reserves | 13 | €109,795 | €105,676 | -€4,119 | -3.8% |
| Distributable reserves | 133 | €109,795 | €105,676 | -€4,119 | -3.8% |
| Profit (loss) carried forward | 14 | -€4,120 | €3,922 | +€8,042 | |
| Amounts payable | 17/49 | €22,329 | €15,171 | -€7,158 | -32.1% |
| Amounts payable after more than one year | 17 | €12,214 | €8,928 | -€3,286 | -26.9% |
| Other amounts payable | 178/9 | €12,214 | €8,928 | -€3,286 | -26.9% |
| Amounts payable within one year | 42/48 | €10,115 | €6,243 | -€3,872 | -38.3% |
| Trade debts | 44 | €850 | - | -€850 | |
| Suppliers | 440/4 | €850 | - | -€850 | |
| Taxes, remuneration and social security | 45 | €5,943 | €6,243 | +€300 | +5.0% |
| Taxes | 450/3 | €5,943 | €6,243 | +€300 | +5.0% |
| Other amounts payable | 47/48 | €3,322 | - | -€3,322 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,582 | €7,168 | -€2,414 | -25.2% |
| Gross operating margin | 9900 | €7,785 | €8,043 | +€258 | +3.3% |
| Operating profit (loss) | 9901 | -€1,797 | €875 | +€2,672 | |
| Financial income | 75/76B | €8,808 | €9,744 | +€936 | +10.6% |
| Recurring financial income | 75 | €8,808 | €9,744 | +€936 | +10.6% |
| Financial charges | 65/66B | €218 | €211 | -€7 | -3.2% |
| Recurring financial charges | 65 | €218 | €211 | -€7 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €6,793 | €10,408 | +€3,615 | +53.2% |
| Income taxes | 67/77 | €10,913 | €6,486 | -€4,427 | -40.6% |
| Profit (loss) for the period | 9904 | -€4,120 | €3,922 | +€8,042 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,120 | €3,922 | +€8,042 |
Source: filed annual accounts (NBB), financial years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.