Finance Active: 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.
Finance Active
Largest movements
- Cash +€88,038
up €88,038 (+17.2%), from €512,438 to €600,476
mainly Net result for the year (+€103,274) and Accrued charges and deferred income (+€31,522)
- Profit (loss) carried forward +€103,274
up €103,274 (+10.9%), from €943,672 to €1.0m
- Trade debts -€45,171
down €45,171 (-48.4%), from €93,392 to €48,221
- Accrued charges and deferred income +€31,522
up €31,522 (+22.8%), from €138,444 to €169,966
- Gross operating margin -€41,494
down €41,494 (-26.1%), from €159,119 to €117,625
- Taxes -€12,800
down €12,800 (-27.1%), from €47,225 to €34,425
- Financial charges +€4,524
up €4,524 (+92.9%), from €4,871 to €9,395
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 | €1,220,045 | €1,310,873 | +€90,828 | +7.4% |
| Fixed assets | 21/28 | €46,250 | €46,250 | = | 0.0% |
| Financial fixed assets | 28 | €46,250 | €46,250 | = | 0.0% |
| Current assets | 29/58 | €1,173,795 | €1,264,623 | +€90,828 | +7.7% |
| Amounts receivable within one year | 40/41 | €653,322 | €664,147 | +€10,825 | +1.7% |
| Trade receivables | 40 | €104,821 | €76,573 | -€28,248 | -26.9% |
| Other amounts receivable | 41 | €548,501 | €587,574 | +€39,073 | +7.1% |
| Cash at bank and in hand | 54/58 | €512,438 | €600,476 | +€88,038 | +17.2% |
| Deferred charges and accrued income | 490/1 | €8,035 | €0 | -€8,035 | -100.0% |
| Total equity and liabilities | 10/49 | €1,220,045 | €1,310,873 | +€90,828 | +7.4% |
| Equity | 10/15 | €955,672 | €1,058,946 | +€103,274 | +10.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €943,672 | €1,046,946 | +€103,274 | +10.9% |
| Amounts payable | 17/49 | €264,373 | €251,926 | -€12,447 | -4.7% |
| Amounts payable within one year | 42/48 | €125,929 | €81,960 | -€43,969 | -34.9% |
| Trade debts | 44 | €93,392 | €48,221 | -€45,171 | -48.4% |
| Suppliers | 440/4 | €93,392 | €48,221 | -€45,171 | -48.4% |
| Taxes, remuneration and social security | 45 | €32,537 | €33,739 | +€1,202 | +3.7% |
| Taxes | 450/3 | €32,537 | €33,739 | +€1,202 | +3.7% |
| Accrued charges and deferred income | 492/3 | €138,444 | €169,966 | +€31,522 | +22.8% |
| Other operating charges | 640/8 | €16 | €1,433 | +€1,417 | +8659.2% |
| Gross operating margin | 9900 | €159,119 | €117,625 | -€41,494 | -26.1% |
| Operating profit (loss) | 9901 | €159,103 | €116,192 | -€42,911 | -27.0% |
| Financial income | 75/76B | €32,282 | €30,902 | -€1,380 | -4.3% |
| Recurring financial income | 75 | €32,282 | €30,902 | -€1,380 | -4.3% |
| Financial charges | 65/66B | €4,871 | €9,395 | +€4,524 | +92.9% |
| Recurring financial charges | 65 | €4,871 | €9,395 | +€4,524 | +92.9% |
| Profit (loss) for the period before taxes | 9903 | €186,513 | €137,699 | -€48,814 | -26.2% |
| Income taxes | 67/77 | €47,225 | €34,425 | -€12,800 | -27.1% |
| Profit (loss) for the period | 9904 | €139,288 | €103,274 | -€36,014 | -25.9% |
| Profit (loss) for the period to be appropriated | 9905 | €139,288 | €103,274 | -€36,014 | -25.9% |
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 2 October 2026 via checked.be.