FLOAT:LEFT: 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.
FLOAT:LEFT
Largest movements
- Tangible fixed assets +€63,527
up €63,527 (+279%), from €22,733 to €86,261
of which Land and buildings: +€68,070
- Receivables within one year +€19,978
up €19,978 (+38.1%), from €52,439 to €72,417
of which Trade receivables: +€11,950
- Cash -€17,729
down €17,729 (-36.7%), from €48,332 to €30,603
mainly Investment in fixed assets (net) (-€68,384) and Receivables within one year (-€19,978)
- Trade debts +€32,224
up €32,224 (+529%), from €6,093 to €38,316
- Reserves +€25,297
up €25,297 (+26.5%), from €95,524 to €120,822
of which Distributable reserves: +€22,867
- Tax, wage and social debts +€10,376
up €10,376 (+61.1%), from €16,972 to €27,348
- Other debts -€2,000
down €2,000 (-40.0%), from €5,000 to €3,000
- Gross operating margin -€4,009
down €4,009 (-9.8%), from €40,808 to €36,799
- Taxes -€1,675
down €1,675 (-16.1%), from €10,438 to €8,762
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 | €125,450 | €191,347 | +€65,897 | +52.5% |
| Fixed assets | 21/28 | €22,733 | €86,261 | +€63,527 | +279% |
| Tangible fixed assets | 22/27 | €22,733 | €86,261 | +€63,527 | +279% |
| Land and buildings | 22 | €11,558 | €79,628 | +€68,070 | +589% |
| Plant, machinery and equipment | 23 | €2,543 | €2,114 | -€429 | -16.9% |
| Furniture and vehicles | 24 | €8,632 | €4,519 | -€4,113 | -47.7% |
| Current assets | 29/58 | €102,717 | €105,086 | +€2,370 | +2.3% |
| Amounts receivable within one year | 40/41 | €52,439 | €72,417 | +€19,978 | +38.1% |
| Trade receivables | 40 | €150 | €12,100 | +€11,950 | +7,967% |
| Other amounts receivable | 41 | €52,289 | €60,317 | +€8,028 | +15.4% |
| Cash at bank and in hand | 54/58 | €48,332 | €30,603 | -€17,729 | -36.7% |
| Deferred charges and accrued income | 490/1 | €1,946 | €2,067 | +€120 | +6.2% |
| Total equity and liabilities | 10/49 | €125,450 | €191,347 | +€65,897 | +52.5% |
| Equity | 10/15 | €97,385 | €122,683 | +€25,297 | +26.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €95,524 | €120,822 | +€25,297 | +26.5% |
| Tax-exempt reserves | 132 | - | €2,430 | +€2,430 | |
| Distributable reserves | 133 | €95,524 | €118,391 | +€22,867 | +23.9% |
| Profit (loss) carried forward | 14 | -€10,539 | -€10,539 | = | 0.0% |
| Amounts payable | 17/49 | €28,065 | €68,664 | +€40,599 | +145% |
| Amounts payable within one year | 42/48 | €28,065 | €68,664 | +€40,599 | +145% |
| Trade debts | 44 | €6,093 | €38,316 | +€32,224 | +529% |
| Suppliers | 440/4 | €6,093 | €38,316 | +€32,224 | +529% |
| Taxes, remuneration and social security | 45 | €16,972 | €27,348 | +€10,376 | +61.1% |
| Taxes | 450/3 | €16,972 | €27,348 | +€10,376 | +61.1% |
| Other amounts payable | 47/48 | €5,000 | €3,000 | -€2,000 | -40.0% |
| Non-recurring operating income | 76A | €70 | €2,450 | +€2,380 | +3,420% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,070 | €4,857 | -€213 | -4.2% |
| Other operating charges | 640/8 | €955 | €879 | -€76 | -8.0% |
| Gross operating margin | 9900 | €40,808 | €36,799 | -€4,009 | -9.8% |
| Operating profit (loss) | 9901 | €34,783 | €31,063 | -€3,720 | -10.7% |
| Financial income | 75/76B | €2,785 | €3,083 | +€298 | +10.7% |
| Recurring financial income | 75 | €2,785 | €3,083 | +€298 | +10.7% |
| Financial charges | 65/66B | €84 | €86 | +€2 | +2.8% |
| Recurring financial charges | 65 | €84 | €86 | +€2 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | €37,484 | €34,060 | -€3,424 | -9.1% |
| Income taxes | 67/77 | €10,438 | €8,762 | -€1,675 | -16.1% |
| Profit (loss) for the period | 9904 | €27,046 | €25,297 | -€1,749 | -6.5% |
| Transfer from tax-exempt reserves | 789 | - | €19 | +€19 | |
| Transfer to tax-exempt reserves | 689 | - | €2,450 | +€2,450 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,046 | €22,867 | -€4,179 | -15.5% |
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.