EXTRAQT: 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.
EXTRAQT
Largest movements
- Receivables within one year +€201,365
up €201,365 (+485.9%), from €41,444 to €242,809
of which Trade receivables: +€201,323
- Deferred charges and accrued income +€23,385
up €23,385 (+113.6%), from €20,582 to €43,968
- Reserves +€77,716
up €77,716 (+31.5%), from €246,491 to €324,207
- Accrued charges and deferred income +€50,813
up €50,813 (+144.2%), from €35,234 to €86,047
- Trade debts +€38,863
up €38,863 (+85.0%), from €45,734 to €84,597
- Other debts +€36,414
up €36,414 (+1837.8%), from €1,981 to €38,395
- Tax, wage and social debts +€15,048
up €15,048 (+31.6%), from €47,662 to €62,711
of which Taxes: +€13,735
- Gross operating margin +€227,100
up €227,100 (+97.3%), from €233,491 to €460,591
- Staff costs +€117,852
up €117,852 (+65.0%), from €181,280 to €299,132
- Taxes +€28,877
up €28,877 (+301.7%), from €9,572 to €38,449
- Other operating charges -€8,202
down €8,202 (-94.2%), from €8,706 to €504
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 | €389,102 | €607,957 | +€218,855 | +56.2% |
| Fixed assets | 21/28 | €26,325 | €18,329 | -€7,996 | -30.4% |
| Intangible fixed assets | 21 | €2,962 | €1,283 | -€1,679 | -56.7% |
| Tangible fixed assets | 22/27 | €10,402 | €8,005 | -€2,397 | -23.0% |
| Plant, machinery and equipment | 23 | €10,244 | €8,005 | -€2,239 | -21.9% |
| Furniture and vehicles | 24 | €157 | €0 | -€157 | -100.0% |
| Financial fixed assets | 28 | €12,961 | €9,041 | -€3,920 | -30.2% |
| Current assets | 29/58 | €362,777 | €589,628 | +€226,851 | +62.5% |
| Amounts receivable within one year | 40/41 | €41,444 | €242,809 | +€201,365 | +485.9% |
| Trade receivables | 40 | €41,444 | €242,767 | +€201,323 | +485.8% |
| Other amounts receivable | 41 | €0 | €42 | +€42 | |
| Cash at bank and in hand | 54/58 | €300,751 | €302,851 | +€2,101 | +0.7% |
| Deferred charges and accrued income | 490/1 | €20,582 | €43,968 | +€23,385 | +113.6% |
| Total equity and liabilities | 10/49 | €389,102 | €607,957 | +€218,855 | +56.2% |
| Equity | 10/15 | €258,491 | €336,207 | +€77,716 | +30.1% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €246,491 | €324,207 | +€77,716 | +31.5% |
| Distributable reserves | 133 | €246,491 | €324,207 | +€77,716 | +31.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €130,611 | €271,750 | +€141,138 | +108.1% |
| Amounts payable within one year | 42/48 | €95,378 | €185,703 | +€90,325 | +94.7% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €45,734 | €84,597 | +€38,863 | +85.0% |
| Suppliers | 440/4 | €45,734 | €84,597 | +€38,863 | +85.0% |
| Taxes, remuneration and social security | 45 | €47,662 | €62,711 | +€15,048 | +31.6% |
| Taxes | 450/3 | €16,101 | €29,836 | +€13,735 | +85.3% |
| Remuneration and social security | 454/9 | €31,561 | €32,875 | +€1,313 | +4.2% |
| Other amounts payable | 47/48 | €1,981 | €38,395 | +€36,414 | +1837.8% |
| Accrued charges and deferred income | 492/3 | €35,234 | €86,047 | +€50,813 | +144.2% |
| Remuneration, social security and pensions | 62 | €181,280 | €299,132 | +€117,852 | +65.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,640 | €6,567 | -€73 | -1.1% |
| Other operating charges | 640/8 | €8,706 | €504 | -€8,202 | -94.2% |
| Gross operating margin | 9900 | €233,491 | €460,591 | +€227,100 | +97.3% |
| Operating profit (loss) | 9901 | €36,865 | €154,388 | +€117,523 | +318.8% |
| Financial income | 75/76B | €624 | €4,319 | +€3,695 | +591.9% |
| Recurring financial income | 75 | €624 | €4,319 | +€3,695 | +591.9% |
| Financial charges | 65/66B | €312 | €189 | -€124 | -39.6% |
| Recurring financial charges | 65 | €312 | €189 | -€124 | -39.6% |
| Profit (loss) for the period before taxes | 9903 | €37,177 | €158,518 | +€121,341 | +326.4% |
| Income taxes | 67/77 | €9,572 | €38,449 | +€28,877 | +301.7% |
| Profit (loss) for the period | 9904 | €27,605 | €120,069 | +€92,464 | +335.0% |
| Profit (loss) for the period to be appropriated | 9905 | €27,605 | €120,069 | +€92,464 | +335.0% |
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 12 October 2026 via checked.be.