FLOW: 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.
FLOW
Largest movements
- Cash +€8,064
up €8,064 (+257%), from €3,138 to €11,202
mainly Trade debts (+€9,257) and Net result for the year (+€9,156)
- Stocks and contracts +€5,680
up €5,680 (+12.1%), from €46,990 to €52,670
- Receivables within one year -€1,069
down €1,069 (-30.0%), from €3,564 to €2,495
- Trade debts +€9,257
up €9,257 (+21.9%), from €42,241 to €51,498
- Profit (loss) carried forward +€9,156
up €9,156, from -€2,608 to €6,548
- Other debts -€6,694
down €6,694 (-75.4%), from €8,878 to €2,184
- Tax, wage and social debts +€1,483
up €1,483 (+46.9%), from €3,164 to €4,646
- Gross operating margin +€13,507
up €13,507, from -€470 to €13,037
- Taxes +€3,274
new in 2025: €3,274
- Financial income -€457
down €457 (-99.7%), from €458 to €1
- Depreciation +€352
new in 2025: €352
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 | €54,674 | €67,876 | +€13,202 | +24.1% |
| Fixed assets | 21/28 | €982 | €1,509 | +€527 | +53.6% |
| Tangible fixed assets | 22/27 | €882 | €1,409 | +€527 | +59.7% |
| Plant, machinery and equipment | 23 | €882 | €1,409 | +€527 | +59.7% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €53,692 | €66,367 | +€12,675 | +23.6% |
| Stocks and contracts in progress | 3 | €46,990 | €52,670 | +€5,680 | +12.1% |
| Stocks | 30/36 | €46,990 | €52,670 | +€5,680 | +12.1% |
| Amounts receivable within one year | 40/41 | €3,564 | €2,495 | -€1,069 | -30.0% |
| Trade receivables | 40 | €3,564 | €2,495 | -€1,069 | -30.0% |
| Cash at bank and in hand | 54/58 | €3,138 | €11,202 | +€8,064 | +257% |
| Total equity and liabilities | 10/49 | €54,674 | €67,876 | +€13,202 | +24.1% |
| Equity | 10/15 | €392 | €9,548 | +€9,156 | +2,334% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,608 | €6,548 | +€9,156 | |
| Amounts payable | 17/49 | €54,282 | €58,327 | +€4,046 | +7.5% |
| Amounts payable within one year | 42/48 | €54,282 | €58,327 | +€4,046 | +7.5% |
| Trade debts | 44 | €42,241 | €51,498 | +€9,257 | +21.9% |
| Suppliers | 440/4 | €42,241 | €51,498 | +€9,257 | +21.9% |
| Taxes, remuneration and social security | 45 | €3,164 | €4,646 | +€1,483 | +46.9% |
| Taxes | 450/3 | €3,164 | €4,646 | +€1,483 | +46.9% |
| Other amounts payable | 47/48 | €8,878 | €2,184 | -€6,694 | -75.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €352 | +€352 | |
| Gross operating margin | 9900 | -€470 | €13,037 | +€13,507 | |
| Operating profit (loss) | 9901 | -€470 | €12,685 | +€13,155 | |
| Financial income | 75/76B | €458 | €1 | -€457 | -99.7% |
| Recurring financial income | 75 | €458 | €1 | -€457 | -99.7% |
| Financial charges | 65/66B | €222 | €256 | +€34 | +15.1% |
| Recurring financial charges | 65 | €222 | €256 | +€34 | +15.1% |
| Profit (loss) for the period before taxes | 9903 | -€234 | €12,430 | +€12,664 | |
| Income taxes | 67/77 | - | €3,274 | +€3,274 | |
| Profit (loss) for the period | 9904 | -€234 | €9,156 | +€9,390 | |
| Profit (loss) for the period to be appropriated | 9905 | -€234 | €9,156 | +€9,390 |
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 24 October 2026 via checked.be.