EYEBALLS: 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.
EYEBALLS
Largest movements
- Cash +€306,575
up €306,575 (+86.0%), from €356,613 to €663,188
mainly Current investments (+€240,000) and Other debts (+€140,626)
- Current investments -€240,000
down €240,000 (-100.0%), from €240,000 to €0
- Receivables within one year +€41,498
up €41,498 (+87.7%), from €47,322 to €88,819
of which Trade receivables: +€39,418
- Tangible fixed assets +€32,126
up €32,126 (+62.9%), from €51,063 to €83,189
of which Furniture and vehicles: +€34,073
- Other debts +€140,626
up €140,626 (+370.1%), from €37,992 to €178,618
- Reserves -€38,417
down €38,417 (-6.4%), from €597,723 to €559,306
of which Distributable reserves: -€38,417
- Trade debts +€28,768
up €28,768 (+449.2%), from €6,405 to €35,173
- Gross operating margin +€17,080
up €17,080 (+8.9%), from €192,759 to €209,839
- Depreciation -€12,027
down €12,027 (-59.0%), from €20,392 to €8,365
- Taxes +€6,182
up €6,182 (+11.3%), from €54,814 to €60,996
- Financial income -€3,741
down €3,741 (-43.0%), from €8,697 to €4,956
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 | €701,362 | €837,538 | +€136,176 | +19.4% |
| Fixed assets | 21/28 | €56,063 | €83,189 | +€27,126 | +48.4% |
| Intangible fixed assets | 21 | €5,000 | €0 | -€5,000 | -100.0% |
| Tangible fixed assets | 22/27 | €51,063 | €83,189 | +€32,126 | +62.9% |
| Furniture and vehicles | 24 | €32,777 | €66,850 | +€34,073 | +104.0% |
| Other tangible fixed assets | 26 | €18,286 | €16,339 | -€1,947 | -10.6% |
| Current assets | 29/58 | €645,298 | €754,349 | +€109,050 | +16.9% |
| Amounts receivable within one year | 40/41 | €47,322 | €88,819 | +€41,498 | +87.7% |
| Trade receivables | 40 | €47,322 | €86,740 | +€39,418 | +83.3% |
| Other amounts receivable | 41 | - | €2,079 | +€2,079 | |
| Current investments | 50/53 | €240,000 | €0 | -€240,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €356,613 | €663,188 | +€306,575 | +86.0% |
| Deferred charges and accrued income | 490/1 | €1,364 | €2,341 | +€977 | +71.7% |
| Total equity and liabilities | 10/49 | €701,362 | €837,538 | +€136,176 | +19.4% |
| Equity | 10/15 | €627,723 | €589,306 | -€38,417 | -6.1% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €597,723 | €559,306 | -€38,417 | -6.4% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €578,973 | €540,556 | -€38,417 | -6.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €73,639 | €248,231 | +€174,593 | +237.1% |
| Amounts payable within one year | 42/48 | €73,502 | €244,848 | +€171,346 | +233.1% |
| Trade debts | 44 | €6,405 | €35,173 | +€28,768 | +449.2% |
| Suppliers | 440/4 | €6,405 | €35,173 | +€28,768 | +449.2% |
| Taxes, remuneration and social security | 45 | €29,106 | €31,058 | +€1,952 | +6.7% |
| Taxes | 450/3 | €29,106 | €31,058 | +€1,952 | +6.7% |
| Other amounts payable | 47/48 | €37,992 | €178,618 | +€140,626 | +370.1% |
| Accrued charges and deferred income | 492/3 | €136 | €3,383 | +€3,247 | +2386.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,392 | €8,365 | -€12,027 | -59.0% |
| Other operating charges | 640/8 | €1,044 | €674 | -€370 | -35.4% |
| Non-recurring operating charges | 66A | - | €4,409 | +€4,409 | |
| Gross operating margin | 9900 | €192,759 | €209,839 | +€17,080 | +8.9% |
| Operating profit (loss) | 9901 | €171,322 | €196,391 | +€25,069 | +14.6% |
| Financial income | 75/76B | €8,697 | €4,956 | -€3,741 | -43.0% |
| Recurring financial income | 75 | €8,697 | €4,956 | -€3,741 | -43.0% |
| Financial charges | 65/66B | €171 | €150 | -€21 | -12.0% |
| Recurring financial charges | 65 | €171 | €150 | -€21 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €179,848 | €201,197 | +€21,349 | +11.9% |
| Income taxes | 67/77 | €54,814 | €60,996 | +€6,182 | +11.3% |
| Profit (loss) for the period | 9904 | €125,035 | €140,201 | +€15,166 | +12.1% |
| Profit (loss) for the period to be appropriated | 9905 | €125,035 | €140,201 | +€15,166 | +12.1% |
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.