Experientia docet: 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.
Experientia docet
Largest movements
- Current investments +€130,000
up €130,000 (+130.0%), from €100,000 to €230,000
- Cash +€24,444
up €24,444 (+18.7%), from €130,928 to €155,372
mainly Net result for the year (+€143,103) and Tax, wage and social debts (+€19,772)
- Receivables within one year +€5,442
up €5,442 (+7.3%), from €74,412 to €79,854
of which Trade receivables: +€5,070
- Reserves +€143,103
up €143,103 (+65.6%), from €218,181 to €361,283
- Tax, wage and social debts +€19,772
up €19,772 (+24.4%), from €80,887 to €100,659
- Gross operating margin +€37,851
up €37,851 (+26.0%), from €145,656 to €183,507
- Taxes +€11,507
up €11,507 (+35.5%), from €32,455 to €43,962
- Financial income +€6,436
up €6,436 (+11693.4%), from €55 to €6,491
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
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 | €305,852 | €467,565 | +€161,713 | +52.9% |
| Current assets | 29/58 | €305,852 | €467,565 | +€161,713 | +52.9% |
| Amounts receivable within one year | 40/41 | €74,412 | €79,854 | +€5,442 | +7.3% |
| Trade receivables | 40 | €71,608 | €76,678 | +€5,070 | +7.1% |
| Other amounts receivable | 41 | €2,804 | €3,176 | +€372 | +13.3% |
| Current investments | 50/53 | €100,000 | €230,000 | +€130,000 | +130.0% |
| Cash at bank and in hand | 54/58 | €130,928 | €155,372 | +€24,444 | +18.7% |
| Deferred charges and accrued income | 490/1 | €512 | €2,339 | +€1,827 | +356.6% |
| Total equity and liabilities | 10/49 | €305,852 | €467,565 | +€161,713 | +52.9% |
| Equity | 10/15 | €220,681 | €363,783 | +€143,103 | +64.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €218,181 | €361,283 | +€143,103 | +65.6% |
| Distributable reserves | 133 | €218,181 | €361,283 | +€143,103 | +65.6% |
| Amounts payable | 17/49 | €85,171 | €103,782 | +€18,611 | +21.9% |
| Amounts payable within one year | 42/48 | €85,171 | €102,661 | +€17,490 | +20.5% |
| Trade debts | 44 | €4,284 | €2,002 | -€2,282 | -53.3% |
| Suppliers | 440/4 | €4,284 | €2,002 | -€2,282 | -53.3% |
| Taxes, remuneration and social security | 45 | €80,887 | €100,659 | +€19,772 | +24.4% |
| Taxes | 450/3 | €80,887 | €100,659 | +€19,772 | +24.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €1,121 | +€1,121 | |
| Other operating charges | 640/8 | €1,372 | €1,494 | +€121 | +8.9% |
| Gross operating margin | 9900 | €145,656 | €183,507 | +€37,851 | +26.0% |
| Operating profit (loss) | 9901 | €144,284 | €182,013 | +€37,729 | +26.1% |
| Financial income | 75/76B | €55 | €6,491 | +€6,436 | +11693.4% |
| Recurring financial income | 75 | €55 | €6,491 | +€6,436 | +11693.4% |
| Financial charges | 65/66B | €2,237 | €1,440 | -€797 | -35.6% |
| Recurring financial charges | 65 | €2,237 | €1,440 | -€797 | -35.6% |
| Profit (loss) for the period before taxes | 9903 | €142,102 | €187,065 | +€44,962 | +31.6% |
| Income taxes | 67/77 | €32,455 | €43,962 | +€11,507 | +35.5% |
| Profit (loss) for the period | 9904 | €109,647 | €143,103 | +€33,456 | +30.5% |
| Profit (loss) for the period to be appropriated | 9905 | €109,647 | €143,103 | +€33,456 | +30.5% |
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 9 October 2026 via checked.be.