EXEMPLIS: 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.
EXEMPLIS
Largest movements
- Receivables within one year +€154,255
up €154,255 (+22.0%), from €701,547 to €855,802
of which Trade receivables: +€516,294
- Intangible fixed assets +€110,362
new in 2025: €110,362
- Tangible fixed assets +€74,596
up €74,596 (+165.2%), from €45,166 to €119,762
of which Furniture and vehicles: +€74,596
- Deferred charges and accrued income -€13,768
down €13,768 (-81.1%), from €16,976 to €3,208
- Other debts +€445,682
up €445,682 (+234.4%), from €190,143 to €635,825
- Trade debts -€123,020
down €123,020 (-37.8%), from €325,612 to €202,593
- Accrued charges and deferred income -€54,011
down €54,011 (-99.4%), from €54,318 to €307
- Tax, wage and social debts +€50,908
up €50,908 (+318.0%), from €16,008 to €66,917
of which Taxes: +€38,207
- Profit (loss) carried forward +€48,712
up €48,712, from -€25,571 to €23,141
- Gross operating margin +€177,026
up €177,026 (+122.6%), from €144,411 to €321,438
- Staff costs +€94,754
up €94,754 (+77.5%), from €122,288 to €217,043
- Taxes +€7,859
up €7,859, from -€3,151 to €4,709
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €770,562 | €1,091,783 | +€321,221 | +41.7% |
| Fixed assets | 21/28 | €45,215 | €230,123 | +€184,908 | +409.0% |
| Intangible fixed assets | 21 | - | €110,362 | +€110,362 | |
| Tangible fixed assets | 22/27 | €45,166 | €119,762 | +€74,596 | +165.2% |
| Furniture and vehicles | 24 | €42,766 | €117,362 | +€74,596 | +174.4% |
| Other tangible fixed assets | 26 | €2,400 | €2,400 | = | 0.0% |
| Financial fixed assets | 28 | €50 | €0 | -€50 | -100.0% |
| Current assets | 29/58 | €725,347 | €861,660 | +€136,313 | +18.8% |
| Stocks and contracts in progress | 3 | €6,824 | €2,650 | -€4,174 | -61.2% |
| Stocks | 30/36 | €6,824 | €2,650 | -€4,174 | -61.2% |
| Amounts receivable within one year | 40/41 | €701,547 | €855,802 | +€154,255 | +22.0% |
| Trade receivables | 40 | €150,334 | €666,628 | +€516,294 | +343.4% |
| Other amounts receivable | 41 | €551,213 | €189,174 | -€362,039 | -65.7% |
| Deferred charges and accrued income | 490/1 | €16,976 | €3,208 | -€13,768 | -81.1% |
| Total equity and liabilities | 10/49 | €770,562 | €1,091,783 | +€321,221 | +41.7% |
| Equity | 10/15 | -€19,371 | €29,341 | +€48,712 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,571 | €23,141 | +€48,712 | |
| Amounts payable | 17/49 | €789,934 | €1,062,442 | +€272,509 | +34.5% |
| Amounts payable after more than one year | 17 | €38,021 | €6,771 | -€31,250 | -82.2% |
| Financial debts | 170/4 | €38,021 | €6,771 | -€31,250 | -82.2% |
| Amounts payable within one year | 42/48 | €697,595 | €1,055,365 | +€357,770 | +51.3% |
| Current portion of amounts payable after more than one year | 42 | €46,250 | €50,030 | +€3,780 | +8.2% |
| Financial debts | 43 | €119,581 | €100,000 | -€19,581 | -16.4% |
| Credit institutions | 430/8 | €119,581 | €100,000 | -€19,581 | -16.4% |
| Trade debts | 44 | €325,612 | €202,593 | -€123,020 | -37.8% |
| Suppliers | 440/4 | €325,612 | €202,593 | -€123,020 | -37.8% |
| Taxes, remuneration and social security | 45 | €16,008 | €66,917 | +€50,908 | +318.0% |
| Taxes | 450/3 | €7,651 | €45,858 | +€38,207 | +499.4% |
| Remuneration and social security | 454/9 | €8,357 | €21,059 | +€12,701 | +152.0% |
| Other amounts payable | 47/48 | €190,143 | €635,825 | +€445,682 | +234.4% |
| Accrued charges and deferred income | 492/3 | €54,318 | €307 | -€54,011 | -99.4% |
| Remuneration, social security and pensions | 62 | €122,288 | €217,043 | +€94,754 | +77.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,166 | €43,196 | +€1,030 | +2.4% |
| Other operating charges | 640/8 | €1,483 | €1,143 | -€340 | -23.0% |
| Gross operating margin | 9900 | €144,411 | €321,438 | +€177,026 | +122.6% |
| Operating profit (loss) | 9901 | -€21,526 | €60,057 | +€81,582 | |
| Financial income | 75/76B | €158 | €258 | +€100 | +63.5% |
| Recurring financial income | 75 | €158 | €258 | +€100 | +63.5% |
| Financial charges | 65/66B | €9,418 | €6,893 | -€2,525 | -26.8% |
| Recurring financial charges | 65 | €9,418 | €6,893 | -€2,525 | -26.8% |
| Profit (loss) for the period before taxes | 9903 | -€30,786 | €53,421 | +€84,207 | |
| Income taxes | 67/77 | -€3,151 | €4,709 | +€7,859 | |
| Profit (loss) for the period | 9904 | -€27,636 | €48,712 | +€76,348 | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,636 | €48,712 | +€76,348 |
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 9 October 2026 via checked.be.