EYE FOR SIGHT: 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.
EYE FOR SIGHT
Largest movements
- Cash +€644,017
up €644,017 (+202.1%), from €318,633 to €962,650
mainly Net result for the year (+€511,459) and Other debts (+€404,941)
- Current investments -€289,415
down €289,415 (-40.1%), from €720,915 to €431,500
- Tangible fixed assets +€92,475
up €92,475 (+3335.2%), from €2,773 to €95,247
of which Furniture and vehicles: +€47,153
- Receivables within one year +€65,515
up €65,515 (+54.3%), from €120,753 to €186,268
of which Trade receivables: +€57,361
- Financial fixed assets +€30,000
new in 2025: €30,000
- Other debts +€404,941
up €404,941 (+476.4%), from €85,000 to €489,941
- Tax, wage and social debts +€80,579
up €80,579 (+537.2%), from €15,000 to €95,579
of which Taxes: +€74,566
- Trade debts +€54,858
up €54,858 (+1385.4%), from €3,960 to €58,818
- Gross operating margin +€116,967
up €116,967 (+18.9%), from €617,411 to €734,378
- Staff costs +€22,345
new in 2025: €22,345
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 | €1,170,016 | €1,712,924 | +€542,909 | +46.4% |
| Fixed assets | 21/28 | €6,056 | €127,467 | +€121,411 | +2004.7% |
| Intangible fixed assets | 21 | €3,284 | €2,220 | -€1,064 | -32.4% |
| Tangible fixed assets | 22/27 | €2,773 | €95,247 | +€92,475 | +3335.2% |
| Plant, machinery and equipment | 23 | €1,065 | €46,386 | +€45,321 | +4255.5% |
| Furniture and vehicles | 24 | €1,708 | €48,861 | +€47,153 | +2761.2% |
| Financial fixed assets | 28 | - | €30,000 | +€30,000 | |
| Current assets | 29/58 | €1,163,959 | €1,585,457 | +€421,498 | +36.2% |
| Amounts receivable within one year | 40/41 | €120,753 | €186,268 | +€65,515 | +54.3% |
| Trade receivables | 40 | €88,268 | €145,628 | +€57,361 | +65.0% |
| Other amounts receivable | 41 | €32,485 | €40,640 | +€8,155 | +25.1% |
| Current investments | 50/53 | €720,915 | €431,500 | -€289,415 | -40.1% |
| Cash at bank and in hand | 54/58 | €318,633 | €962,650 | +€644,017 | +202.1% |
| Deferred charges and accrued income | 490/1 | €3,659 | €5,039 | +€1,380 | +37.7% |
| Total equity and liabilities | 10/49 | €1,170,016 | €1,712,924 | +€542,909 | +46.4% |
| Equity | 10/15 | €1,037,210 | €1,037,210 | = | 0.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €1,027,210 | €1,027,210 | = | 0.0% |
| Distributable reserves | 133 | €1,027,210 | €1,027,210 | = | 0.0% |
| Provisions and deferred taxes | 16 | €28,846 | €29,734 | +€887 | +3.1% |
| Provisions for liabilities and charges | 160/5 | €28,846 | €29,734 | +€887 | +3.1% |
| Other liabilities and charges | 164/5 | €28,846 | €29,734 | +€887 | +3.1% |
| Amounts payable | 17/49 | €103,960 | €645,981 | +€542,021 | +521.4% |
| Amounts payable within one year | 42/48 | €103,960 | €645,981 | +€542,021 | +521.4% |
| Financial debts | 43 | - | €1,643 | +€1,643 | |
| Credit institutions | 430/8 | - | €1,643 | +€1,643 | |
| Trade debts | 44 | €3,960 | €58,818 | +€54,858 | +1385.4% |
| Suppliers | 440/4 | €3,960 | €58,818 | +€54,858 | +1385.4% |
| Taxes, remuneration and social security | 45 | €15,000 | €95,579 | +€80,579 | +537.2% |
| Taxes | 450/3 | €15,000 | €89,566 | +€74,566 | +497.1% |
| Remuneration and social security | 454/9 | - | €6,012 | +€6,012 | |
| Other amounts payable | 47/48 | €85,000 | €489,941 | +€404,941 | +476.4% |
| Remuneration, social security and pensions | 62 | - | €22,345 | +€22,345 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,841 | €6,037 | +€2,196 | +57.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€569 | €887 | +€1,456 | |
| Other operating charges | 640/8 | €1,037 | €1,153 | +€116 | +11.2% |
| Non-recurring operating charges | 66A | - | €1,127 | +€1,127 | |
| Gross operating margin | 9900 | €617,411 | €734,378 | +€116,967 | +18.9% |
| Operating profit (loss) | 9901 | €613,102 | €702,828 | +€89,726 | +14.6% |
| Financial income | 75/76B | €829 | €7,989 | +€7,160 | +863.3% |
| Recurring financial income | 75 | €829 | €7,989 | +€7,160 | +863.3% |
| Financial charges | 65/66B | €35,404 | €32,860 | -€2,544 | -7.2% |
| Recurring financial charges | 65 | €35,404 | €32,860 | -€2,544 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €578,527 | €677,958 | +€99,431 | +17.2% |
| Income taxes | 67/77 | €172,676 | €166,499 | -€6,178 | -3.6% |
| Profit (loss) for the period | 9904 | €405,851 | €511,459 | +€105,608 | +26.0% |
| Profit (loss) for the period to be appropriated | 9905 | €405,851 | €511,459 | +€105,608 | +26.0% |
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 8 October 2026 via checked.be.