Finance & More: 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.
Finance & More
Largest movements
- Current investments +€32,761
up €32,761 (+171%), from €19,197 to €51,958
- Receivables within one year +€2,563
up €2,563 (+2,084%), from €123 to €2,686
of which Other amounts receivable: +€2,205
- Tangible fixed assets +€2,049
up €2,049 (+770%), from €266 to €2,315
- Deferred charges and accrued income +€1,202
up €1,202 (+261%), from €460 to €1,662
- Profit (loss) carried forward +€15,220
no longer reported in 2025 (was -€15,220)
- Reserves +€11,855
new in 2025: €11,855
- Other debts +€11,527
up €11,527 (+73.6%), from €15,653 to €27,180
- Gross operating margin +€38,317
up €38,317, from -€6,056 to €32,261
- Taxes +€5,174
new in 2025: €5,174
- Financial charges -€805
down €805 (-89.5%), from €899 to €94
- Financial income +€644
up €644 (+76.7%), from €840 to €1,484
- Depreciation +€521
up €521 (+155%), from €337 to €858
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.
Derived cash bridge
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 | €21,054 | €59,626 | +€38,572 | +183% |
| Fixed assets | 21/28 | €266 | €2,315 | +€2,049 | +770% |
| Tangible fixed assets | 22/27 | €266 | €2,315 | +€2,049 | +770% |
| Furniture and vehicles | 24 | €266 | €2,315 | +€2,049 | +770% |
| Current assets | 29/58 | €20,788 | €57,311 | +€36,523 | +176% |
| Amounts receivable within one year | 40/41 | €123 | €2,686 | +€2,563 | +2,084% |
| Trade receivables | 40 | - | €358 | +€358 | |
| Other amounts receivable | 41 | €123 | €2,328 | +€2,205 | +1,793% |
| Current investments | 50/53 | €19,197 | €51,958 | +€32,761 | +171% |
| Cash at bank and in hand | 54/58 | €1,008 | €1,005 | -€3 | -0.3% |
| Deferred charges and accrued income | 490/1 | €460 | €1,662 | +€1,202 | +261% |
| Total equity and liabilities | 10/49 | €21,054 | €59,626 | +€38,572 | +183% |
| Equity | 10/15 | €4,780 | €31,855 | +€27,075 | +566% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | - | €11,855 | +€11,855 | |
| Distributable reserves | 133 | - | €11,855 | +€11,855 | |
| Profit (loss) carried forward | 14 | -€15,220 | - | +€15,220 | |
| Amounts payable | 17/49 | €16,274 | €27,771 | +€11,497 | +70.6% |
| Amounts payable within one year | 42/48 | €16,274 | €27,771 | +€11,497 | +70.6% |
| Trade debts | 44 | €621 | €100 | -€521 | -83.9% |
| Suppliers | 440/4 | €621 | €100 | -€521 | -83.9% |
| Taxes, remuneration and social security | 45 | - | €491 | +€491 | |
| Taxes | 450/3 | - | €491 | +€491 | |
| Other amounts payable | 47/48 | €15,653 | €27,180 | +€11,527 | +73.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €337 | €858 | +€521 | +155% |
| Other operating charges | 640/8 | €655 | €544 | -€111 | -16.9% |
| Gross operating margin | 9900 | -€6,056 | €32,261 | +€38,317 | |
| Operating profit (loss) | 9901 | -€7,048 | €30,859 | +€37,907 | |
| Financial income | 75/76B | €840 | €1,484 | +€644 | +76.7% |
| Recurring financial income | 75 | €840 | €1,484 | +€644 | +76.7% |
| Financial charges | 65/66B | €899 | €94 | -€805 | -89.5% |
| Recurring financial charges | 65 | €899 | €94 | -€805 | -89.5% |
| Profit (loss) for the period before taxes | 9903 | -€7,107 | €32,249 | +€39,356 | |
| Income taxes | 67/77 | - | €5,174 | +€5,174 | |
| Profit (loss) for the period | 9904 | -€7,107 | €27,075 | +€34,182 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,107 | €27,075 | +€34,182 |
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 15 October 2026 via checked.be.