Factor Plus: 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.
Factor Plus
Largest movements
- Cash +€77,337
up €77,337 (+622.7%), from €12,420 to €89,757
mainly Contributions, distributions and other (+€50,000) and Net result for the year (+€21,357)
- Receivables within one year +€10,821
up €10,821 (+1395.5%), from €775 to €11,596
of which Trade receivables: +€11,596
- Deferred charges and accrued income -€1,166
down €1,166 (-62.2%), from €1,873 to €707
- Tangible fixed assets +€1,133
up €1,133 (+441.7%), from €256 to €1,389
of which Furniture and vehicles: +€1,389
- Contributions +€50,000
up €50,000 (+269.5%), from €18,550 to €68,550
- Profit (loss) carried forward +€21,357
up €21,357 (+10.5%), from -€204,215 to -€182,859
- Other debts +€13,552
up €13,552 (+46.6%), from €29,108 to €42,660
- Accrued charges and deferred income +€2,250
new in 2025: €2,250
- Tax, wage and social debts +€1,469
up €1,469 (+171.8%), from €855 to €2,324
- Gross operating margin +€27,316
up €27,316, from -€2,631 to €24,685
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 | €15,324 | €103,449 | +€88,125 | +575.1% |
| Fixed assets | 21/28 | €256 | €1,389 | +€1,133 | +441.7% |
| Tangible fixed assets | 22/27 | €256 | €1,389 | +€1,133 | +441.7% |
| Furniture and vehicles | 24 | - | €1,389 | +€1,389 | |
| Other tangible fixed assets | 26 | €256 | - | -€256 | |
| Current assets | 29/58 | €15,068 | €102,060 | +€86,993 | +577.3% |
| Amounts receivable within one year | 40/41 | €775 | €11,596 | +€10,821 | +1395.5% |
| Trade receivables | 40 | - | €11,596 | +€11,596 | |
| Other amounts receivable | 41 | €775 | - | -€775 | |
| Cash at bank and in hand | 54/58 | €12,420 | €89,757 | +€77,337 | +622.7% |
| Deferred charges and accrued income | 490/1 | €1,873 | €707 | -€1,166 | -62.2% |
| Total equity and liabilities | 10/49 | €15,324 | €103,449 | +€88,125 | +575.1% |
| Equity | 10/15 | -€16,160 | €55,196 | +€71,357 | |
| Contributions | 10/11 | €18,550 | €68,550 | +€50,000 | +269.5% |
| Reserves | 13 | €169,505 | €169,505 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €167,650 | €167,650 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€204,215 | -€182,859 | +€21,357 | +10.5% |
| Amounts payable | 17/49 | €31,485 | €48,253 | +€16,768 | +53.3% |
| Amounts payable within one year | 42/48 | €31,485 | €46,003 | +€14,518 | +46.1% |
| Trade debts | 44 | €1,521 | €1,019 | -€502 | -33.0% |
| Suppliers | 440/4 | €1,521 | €1,019 | -€502 | -33.0% |
| Taxes, remuneration and social security | 45 | €855 | €2,324 | +€1,469 | +171.8% |
| Taxes | 450/3 | €855 | €2,324 | +€1,469 | +171.8% |
| Other amounts payable | 47/48 | €29,108 | €42,660 | +€13,552 | +46.6% |
| Accrued charges and deferred income | 492/3 | - | €2,250 | +€2,250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €624 | €572 | -€52 | -8.3% |
| Other operating charges | 640/8 | €387 | €450 | +€62 | +16.1% |
| Non-recurring operating charges | 66A | €270 | - | -€270 | |
| Gross operating margin | 9900 | -€2,631 | €24,685 | +€27,316 | |
| Operating profit (loss) | 9901 | -€3,912 | €23,663 | +€27,575 | |
| Financial income | 75/76B | - | €94 | +€94 | |
| Recurring financial income | 75 | - | €94 | +€94 | |
| Financial charges | 65/66B | €2,161 | €2,261 | +€100 | +4.6% |
| Recurring financial charges | 65 | €2,161 | €2,261 | +€100 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | -€6,073 | €21,496 | +€27,568 | |
| Income taxes | 67/77 | €140 | €139 | -€1 | -0.4% |
| Profit (loss) for the period | 9904 | -€6,212 | €21,357 | +€27,569 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,212 | €21,357 | +€27,569 |
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 6 October 2026 via checked.be.