Firebug: 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.
Firebug
Largest movements
- Tangible fixed assets +€38,947
up €38,947 (+44.2%), from €88,056 to €127,003
of which Furniture and vehicles: +€29,368
- Receivables within one year +€38,524
up €38,524 (+97.6%), from €39,475 to €77,999
of which Trade receivables: +€38,784
- Cash +€31,651
up €31,651 (+882.1%), from €3,588 to €35,239
mainly Other debts (+€63,587) and Advances received (+€38,617)
- Stocks and contracts -€10,168
down €10,168 (-5.4%), from €189,587 to €179,419
- Other debts +€63,587
up €63,587 (+23.4%), from €271,597 to €335,183
- Advances received +€38,617
up €38,617 (+256.8%), from €15,037 to €53,654
- Profit (loss) carried forward -€15,327
down €15,327 (-31.3%), from -€48,973 to -€64,300
- Trade debts +€8,413
up €8,413 (+33.4%), from €25,185 to €33,598
- Gross operating margin +€35,961
up €35,961, from -€9,894 to €26,066
- Depreciation +€15,592
up €15,592 (+69.3%), from €22,491 to €38,083
- Other operating charges +€554
up €554 (+150.9%), from €367 to €922
- Financial charges +€415
up €415 (+16.5%), from €2,518 to €2,933
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 | €333,114 | €426,866 | +€93,752 | +28.1% |
| Fixed assets | 21/28 | €96,057 | €133,043 | +€36,985 | +38.5% |
| Intangible fixed assets | 21 | €8,002 | €6,040 | -€1,962 | -24.5% |
| Tangible fixed assets | 22/27 | €88,056 | €127,003 | +€38,947 | +44.2% |
| Land and buildings | 22 | €4,579 | €3,230 | -€1,349 | -29.5% |
| Plant, machinery and equipment | 23 | €45,734 | €60,512 | +€14,778 | +32.3% |
| Furniture and vehicles | 24 | €28,914 | €58,283 | +€29,368 | +101.6% |
| Leasing and similar rights | 25 | €8,829 | €4,979 | -€3,850 | -43.6% |
| Current assets | 29/58 | €237,056 | €293,823 | +€56,766 | +23.9% |
| Stocks and contracts in progress | 3 | €189,587 | €179,419 | -€10,168 | -5.4% |
| Stocks | 30/36 | €189,587 | €179,419 | -€10,168 | -5.4% |
| Amounts receivable within one year | 40/41 | €39,475 | €77,999 | +€38,524 | +97.6% |
| Trade receivables | 40 | €39,216 | €77,999 | +€38,784 | +98.9% |
| Other amounts receivable | 41 | €260 | - | -€260 | |
| Cash at bank and in hand | 54/58 | €3,588 | €35,239 | +€31,651 | +882.1% |
| Deferred charges and accrued income | 490/1 | €4,406 | €1,166 | -€3,240 | -73.5% |
| Total equity and liabilities | 10/49 | €333,114 | €426,866 | +€93,752 | +28.1% |
| Equity | 10/15 | -€7,973 | -€23,300 | -€15,327 | -192.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €36,000 | €36,000 | = | 0.0% |
| Distributable reserves | 133 | €36,000 | €36,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,973 | -€64,300 | -€15,327 | -31.3% |
| Amounts payable | 17/49 | €341,087 | €450,166 | +€109,079 | +32.0% |
| Amounts payable after more than one year | 17 | €22,165 | €18,094 | -€4,071 | -18.4% |
| Financial debts | 170/4 | €22,165 | €18,094 | -€4,071 | -18.4% |
| Amounts payable within one year | 42/48 | €318,922 | €432,072 | +€113,150 | +35.5% |
| Current portion of amounts payable after more than one year | 42 | €5,317 | €5,436 | +€119 | +2.2% |
| Trade debts | 44 | €25,185 | €33,598 | +€8,413 | +33.4% |
| Suppliers | 440/4 | €25,185 | €33,598 | +€8,413 | +33.4% |
| Advances received on contracts in progress | 46 | €15,037 | €53,654 | +€38,617 | +256.8% |
| Taxes, remuneration and social security | 45 | €1,787 | €4,201 | +€2,414 | +135.1% |
| Taxes | 450/3 | €1,787 | €4,201 | +€2,414 | +135.1% |
| Other amounts payable | 47/48 | €271,597 | €335,183 | +€63,587 | +23.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,491 | €38,083 | +€15,592 | +69.3% |
| Other operating charges | 640/8 | €367 | €922 | +€554 | +150.9% |
| Gross operating margin | 9900 | -€9,894 | €26,066 | +€35,961 | |
| Operating profit (loss) | 9901 | -€32,753 | -€12,938 | +€19,815 | +60.5% |
| Financial income | 75/76B | €908 | €662 | -€246 | -27.1% |
| Recurring financial income | 75 | €908 | €662 | -€246 | -27.1% |
| Financial charges | 65/66B | €2,518 | €2,933 | +€415 | +16.5% |
| Recurring financial charges | 65 | €2,518 | €2,933 | +€415 | +16.5% |
| Profit (loss) for the period before taxes | 9903 | -€34,362 | -€15,209 | +€19,153 | +55.7% |
| Income taxes | 67/77 | - | €118 | +€118 | |
| Profit (loss) for the period | 9904 | -€34,362 | -€15,327 | +€19,035 | +55.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,362 | -€15,327 | +€19,035 | +55.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.