FA DNA: 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.
FA DNA
Largest movements
- Tangible fixed assets +€59,254
up €59,254 (+1349.8%), from €4,390 to €63,644
of which Furniture and vehicles: +€59,826
- Financial fixed assets -€25,000
down €25,000 (-99.8%), from €25,060 to €60
- Receivables within one year -€24,343
down €24,343 (-32.3%), from €75,280 to €50,937
of which Trade receivables: -€21,818
- Cash +€19,822
up €19,822 (+93.6%), from €21,172 to €40,993
mainly Debts after one year (+€32,184) and Receivables within one year (+€24,343)
- Debts after one year +€32,184
new in 2025: €32,184
- Tax, wage and social debts -€14,634
down €14,634 (-45.7%), from €32,016 to €17,381
- Current portion of long-term debt +€8,606
new in 2025: €8,606
- Trade debts +€3,960
up €3,960 (+140.1%), from €2,827 to €6,787
- Gross operating margin -€28,121
down €28,121 (-53.2%), from €52,815 to €24,694
- Financial charges +€10,671
up €10,671 (+911.6%), from €1,171 to €11,842
of which Non-recurring financial charges: +€10,000
- Taxes -€8,190
down €8,190 (-69.7%), from €11,753 to €3,562
- Depreciation +€8,091
up €8,091 (+672.2%), from €1,204 to €9,295
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 | €127,919 | €157,620 | +€29,700 | +23.2% |
| Fixed assets | 21/28 | €29,450 | €63,704 | +€34,254 | +116.3% |
| Tangible fixed assets | 22/27 | €4,390 | €63,644 | +€59,254 | +1349.8% |
| Plant, machinery and equipment | 23 | €2,425 | €1,853 | -€572 | -23.6% |
| Furniture and vehicles | 24 | €1,965 | €61,791 | +€59,826 | +3045.2% |
| Financial fixed assets | 28 | €25,060 | €60 | -€25,000 | -99.8% |
| Current assets | 29/58 | €98,470 | €93,916 | -€4,554 | -4.6% |
| Amounts receivable within one year | 40/41 | €75,280 | €50,937 | -€24,343 | -32.3% |
| Trade receivables | 40 | €52,542 | €30,724 | -€21,818 | -41.5% |
| Other amounts receivable | 41 | €22,738 | €20,213 | -€2,525 | -11.1% |
| Cash at bank and in hand | 54/58 | €21,172 | €40,993 | +€19,822 | +93.6% |
| Deferred charges and accrued income | 490/1 | €2,018 | €1,986 | -€33 | -1.6% |
| Total equity and liabilities | 10/49 | €127,919 | €157,620 | +€29,700 | +23.2% |
| Equity | 10/15 | €93,076 | €92,660 | -€416 | -0.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €88,076 | €87,660 | -€416 | -0.5% |
| Distributable reserves | 133 | €88,076 | €87,660 | -€416 | -0.5% |
| Amounts payable | 17/49 | €34,843 | €64,959 | +€30,116 | +86.4% |
| Amounts payable after more than one year | 17 | - | €32,184 | +€32,184 | |
| Financial debts | 170/4 | - | €32,184 | +€32,184 | |
| Amounts payable within one year | 42/48 | €34,843 | €32,775 | -€2,068 | -5.9% |
| Current portion of amounts payable after more than one year | 42 | - | €8,606 | +€8,606 | |
| Trade debts | 44 | €2,827 | €6,787 | +€3,960 | +140.1% |
| Suppliers | 440/4 | €2,827 | €6,787 | +€3,960 | +140.1% |
| Taxes, remuneration and social security | 45 | €32,016 | €17,381 | -€14,634 | -45.7% |
| Taxes | 450/3 | €32,016 | €17,381 | -€14,634 | -45.7% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,204 | €9,295 | +€8,091 | +672.2% |
| Other operating charges | 640/8 | €988 | €1,321 | +€333 | +33.8% |
| Gross operating margin | 9900 | €52,815 | €24,694 | -€28,121 | -53.2% |
| Operating profit (loss) | 9901 | €50,624 | €14,078 | -€36,546 | -72.2% |
| Financial income | 75/76B | €726 | €910 | +€184 | +25.4% |
| Recurring financial income | 75 | €726 | €910 | +€184 | +25.4% |
| Financial charges | 65/66B | €1,171 | €11,842 | +€10,671 | +911.6% |
| Recurring financial charges | 65 | €1,171 | €1,842 | +€671 | +57.3% |
| Non-recurring financial charges | 66B | - | €10,000 | +€10,000 | |
| Profit (loss) for the period before taxes | 9903 | €50,179 | €3,146 | -€47,032 | -93.7% |
| Income taxes | 67/77 | €11,753 | €3,562 | -€8,190 | -69.7% |
| Profit (loss) for the period | 9904 | €38,426 | -€416 | -€38,842 | |
| Profit (loss) for the period to be appropriated | 9905 | €38,426 | -€416 | -€38,842 |
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.