FIREFLIES: 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.
FIREFLIES
Largest movements
- Cash +€23,003
up €23,003 (+19.9%), from €115,467 to €138,470
mainly Other debts (+€146,882) and Net result for the year (+€81,715)
- Receivables within one year +€17,839
up €17,839 (+48.7%), from €36,622 to €54,461
of which Trade receivables: +€17,588
- Other debts +€146,882
up €146,882 (+961.8%), from €15,272 to €162,154
- Reserves -€102,239
no longer reported in 2025 (was €102,239)
- Debts after one year -€7,500
no longer reported in 2025 (was €7,500)
- Accrued charges and deferred income +€4,354
up €4,354 (+66.4%), from €6,558 to €10,912
- Gross operating margin +€18,277
up €18,277 (+20.1%), from €90,827 to €109,104
- Taxes +€3,303
up €3,303 (+18.6%), from €17,805 to €21,108
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 | €160,496 | €199,111 | +€38,615 | +24.1% |
| Fixed assets | 21/28 | €7,816 | €6,045 | -€1,771 | -22.7% |
| Tangible fixed assets | 22/27 | €7,816 | €6,045 | -€1,771 | -22.7% |
| Plant, machinery and equipment | 23 | €5,171 | €4,313 | -€859 | -16.6% |
| Furniture and vehicles | 24 | €2,645 | €1,732 | -€912 | -34.5% |
| Current assets | 29/58 | €152,680 | €193,066 | +€40,386 | +26.5% |
| Amounts receivable within one year | 40/41 | €36,622 | €54,461 | +€17,839 | +48.7% |
| Trade receivables | 40 | €36,622 | €54,210 | +€17,588 | +48.0% |
| Other amounts receivable | 41 | - | €250 | +€250 | |
| Cash at bank and in hand | 54/58 | €115,467 | €138,470 | +€23,003 | +19.9% |
| Deferred charges and accrued income | 490/1 | €591 | €135 | -€456 | -77.2% |
| Total equity and liabilities | 10/49 | €160,496 | €199,111 | +€38,615 | +24.1% |
| Equity | 10/15 | €109,739 | €7,500 | -€102,239 | -93.2% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €102,239 | - | -€102,239 | |
| Distributable reserves | 133 | €102,239 | - | -€102,239 | |
| Amounts payable | 17/49 | €50,757 | €191,611 | +€140,853 | +277.5% |
| Amounts payable after more than one year | 17 | €7,500 | - | -€7,500 | |
| Financial debts | 170/4 | €7,500 | - | -€7,500 | |
| Amounts payable within one year | 42/48 | €36,699 | €180,699 | +€144,000 | +392.4% |
| Trade debts | 44 | €2,730 | €1,566 | -€1,165 | -42.7% |
| Suppliers | 440/4 | €2,730 | €1,566 | -€1,165 | -42.7% |
| Taxes, remuneration and social security | 45 | €18,697 | €16,979 | -€1,717 | -9.2% |
| Taxes | 450/3 | €15,097 | €13,379 | -€1,717 | -11.4% |
| Remuneration and social security | 454/9 | €3,600 | €3,600 | = | 0.0% |
| Other amounts payable | 47/48 | €15,272 | €162,154 | +€146,882 | +961.8% |
| Accrued charges and deferred income | 492/3 | €6,558 | €10,912 | +€4,354 | +66.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,434 | €1,771 | +€337 | +23.5% |
| Other operating charges | 640/8 | €782 | €1,548 | +€766 | +98.0% |
| Gross operating margin | 9900 | €90,827 | €109,104 | +€18,277 | +20.1% |
| Operating profit (loss) | 9901 | €88,611 | €105,785 | +€17,174 | +19.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,041 | €2,962 | -€79 | -2.6% |
| Recurring financial charges | 65 | €3,041 | €2,962 | -€79 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | €85,570 | €102,823 | +€17,254 | +20.2% |
| Income taxes | 67/77 | €17,805 | €21,108 | +€3,303 | +18.6% |
| Profit (loss) for the period | 9904 | €67,765 | €81,715 | +€13,950 | +20.6% |
| Transfer from tax-exempt reserves | 789 | €11,765 | - | -€11,765 | |
| Profit (loss) for the period to be appropriated | 9905 | €79,530 | €81,715 | +€2,185 | +2.7% |
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.