EYE FOR IT: 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.
EYE FOR IT
Largest movements
- Cash +€16,886
up €16,886 (+25.5%), from €66,098 to €82,985
mainly Net result for the year (+€19,887) and Depreciation (+€7,360)
- Receivables within one year +€2,617
new in 2025: €2,617
of which Trade receivables: +€1,377
- Tangible fixed assets +€1,159
up €1,159 (+8.6%), from €13,429 to €14,588
of which Furniture and vehicles: +€5,817
- Profit (loss) carried forward +€19,887
up €19,887 (+29.2%), from €68,103 to €87,991
- Other debts -€1,612
no longer reported in 2025 (was €1,612)
- Tax, wage and social debts +€1,013
up €1,013 (+16.2%), from €6,262 to €7,275
of which Taxes: +€839
- Gross operating margin -€7,824
down €7,824 (-16.8%), from €46,451 to €38,628
- Depreciation +€2,148
up €2,148 (+41.2%), from €5,213 to €7,360
- Taxes -€904
down €904 (-10.6%), from €8,503 to €7,600
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 | €80,707 | €100,516 | +€19,809 | +24.5% |
| Fixed assets | 21/28 | €13,429 | €14,588 | +€1,159 | +8.6% |
| Tangible fixed assets | 22/27 | €13,429 | €14,588 | +€1,159 | +8.6% |
| Plant, machinery and equipment | 23 | €13,199 | €8,541 | -€4,658 | -35.3% |
| Furniture and vehicles | 24 | €230 | €6,047 | +€5,817 | +2531.1% |
| Current assets | 29/58 | €67,278 | €85,928 | +€18,650 | +27.7% |
| Amounts receivable within one year | 40/41 | - | €2,617 | +€2,617 | |
| Trade receivables | 40 | - | €1,377 | +€1,377 | |
| Other amounts receivable | 41 | - | €1,240 | +€1,240 | |
| Cash at bank and in hand | 54/58 | €66,098 | €82,985 | +€16,886 | +25.5% |
| Deferred charges and accrued income | 490/1 | €1,180 | €327 | -€853 | -72.3% |
| Total equity and liabilities | 10/49 | €80,707 | €100,516 | +€19,809 | +24.5% |
| Equity | 10/15 | €70,103 | €89,991 | +€19,887 | +28.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,103 | €87,991 | +€19,887 | +29.2% |
| Amounts payable | 17/49 | €10,603 | €10,525 | -€78 | -0.7% |
| Amounts payable within one year | 42/48 | €10,603 | €10,525 | -€78 | -0.7% |
| Trade debts | 44 | €2,730 | €3,250 | +€521 | +19.1% |
| Suppliers | 440/4 | €2,730 | €3,250 | +€521 | +19.1% |
| Taxes, remuneration and social security | 45 | €6,262 | €7,275 | +€1,013 | +16.2% |
| Taxes | 450/3 | €4,412 | €5,251 | +€839 | +19.0% |
| Remuneration and social security | 454/9 | €1,850 | €2,024 | +€174 | +9.4% |
| Other amounts payable | 47/48 | €1,612 | - | -€1,612 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,213 | €7,360 | +€2,148 | +41.2% |
| Other operating charges | 640/8 | €126 | €400 | +€274 | +217.2% |
| Non-recurring operating charges | 66A | €1 | €783 | +€782 | +73776.4% |
| Gross operating margin | 9900 | €46,451 | €38,628 | -€7,824 | -16.8% |
| Operating profit (loss) | 9901 | €41,111 | €30,085 | -€11,027 | -26.8% |
| Financial income | 75/76B | - | €34 | +€34 | |
| Recurring financial income | 75 | - | €34 | +€34 | |
| Financial charges | 65/66B | €2,740 | €2,632 | -€108 | -3.9% |
| Recurring financial charges | 65 | €2,740 | €2,632 | -€108 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €38,372 | €27,487 | -€10,885 | -28.4% |
| Income taxes | 67/77 | €8,503 | €7,600 | -€904 | -10.6% |
| Profit (loss) for the period | 9904 | €29,869 | €19,887 | -€9,981 | -33.4% |
| Profit (loss) for the period to be appropriated | 9905 | €29,869 | €19,887 | -€9,981 | -33.4% |
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.