Focus-id: 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.
Focus-id
Largest movements
- Cash +€69,297
up €69,297 (+62.3%), from €111,240 to €180,537
mainly Net result for the year (+€106,422) and Depreciation (+€9,016)
- Receivables within one year +€24,582
up €24,582 (+32.3%), from €76,218 to €100,799
of which Trade receivables: +€24,478
- Reserves +€106,422
up €106,422 (+93.4%), from €113,950 to €220,372
- Trade debts -€11,005
down €11,005 (-52.9%), from €20,795 to €9,790
- Tax, wage and social debts -€8,116
down €8,116 (-22.6%), from €35,850 to €27,734
of which Remuneration and social security: -€19,330
- Gross operating margin +€93,388
up €93,388 (+131.8%), from €70,861 to €164,250
- Taxes +€27,275
up €27,275 (+157.6%), from €17,311 to €44,586
- Staff costs +€2,703
new in 2025: €2,703
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 | €220,802 | €310,599 | +€89,798 | +40.7% |
| Fixed assets | 21/28 | €30,935 | €28,195 | -€2,740 | -8.9% |
| Tangible fixed assets | 22/27 | €30,935 | €28,195 | -€2,740 | -8.9% |
| Plant, machinery and equipment | 23 | €1,650 | €7,380 | +€5,730 | +347.2% |
| Furniture and vehicles | 24 | €29,285 | €20,815 | -€8,470 | -28.9% |
| Current assets | 29/58 | €189,867 | €282,404 | +€92,538 | +48.7% |
| Amounts receivable within one year | 40/41 | €76,218 | €100,799 | +€24,582 | +32.3% |
| Trade receivables | 40 | €63,438 | €87,916 | +€24,478 | +38.6% |
| Other amounts receivable | 41 | €12,780 | €12,883 | +€103 | +0.8% |
| Cash at bank and in hand | 54/58 | €111,240 | €180,537 | +€69,297 | +62.3% |
| Deferred charges and accrued income | 490/1 | €2,408 | €1,067 | -€1,341 | -55.7% |
| Total equity and liabilities | 10/49 | €220,802 | €310,599 | +€89,798 | +40.7% |
| Equity | 10/15 | €135,677 | €242,099 | +€106,422 | +78.4% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €113,950 | €220,372 | +€106,422 | +93.4% |
| Distributable reserves | 133 | €113,950 | €220,372 | +€106,422 | +93.4% |
| Profit (loss) carried forward | 14 | €21,227 | €21,227 | = | 0.0% |
| Amounts payable | 17/49 | €85,125 | €68,501 | -€16,624 | -19.5% |
| Amounts payable within one year | 42/48 | €85,125 | €67,599 | -€17,526 | -20.6% |
| Financial debts | 43 | - | €1,382 | +€1,382 | |
| Credit institutions | 430/8 | - | €1,382 | +€1,382 | |
| Trade debts | 44 | €20,795 | €9,790 | -€11,005 | -52.9% |
| Suppliers | 440/4 | €20,795 | €9,790 | -€11,005 | -52.9% |
| Taxes, remuneration and social security | 45 | €35,850 | €27,734 | -€8,116 | -22.6% |
| Taxes | 450/3 | €16,501 | €27,715 | +€11,214 | +68.0% |
| Remuneration and social security | 454/9 | €19,349 | €19 | -€19,330 | -99.9% |
| Other amounts payable | 47/48 | €28,480 | €28,693 | +€213 | +0.7% |
| Accrued charges and deferred income | 492/3 | - | €902 | +€902 | |
| Remuneration, social security and pensions | 62 | - | €2,703 | +€2,703 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,501 | €9,016 | +€515 | +6.1% |
| Other operating charges | 640/8 | €740 | €972 | +€231 | +31.3% |
| Gross operating margin | 9900 | €70,861 | €164,250 | +€93,388 | +131.8% |
| Operating profit (loss) | 9901 | €61,620 | €151,558 | +€89,938 | +146.0% |
| Financial income | 75/76B | €354 | €593 | +€239 | +67.4% |
| Recurring financial income | 75 | €354 | €593 | +€239 | +67.4% |
| Financial charges | 65/66B | €1,625 | €1,144 | -€482 | -29.6% |
| Recurring financial charges | 65 | €1,625 | €1,144 | -€482 | -29.6% |
| Profit (loss) for the period before taxes | 9903 | €60,349 | €151,008 | +€90,659 | +150.2% |
| Income taxes | 67/77 | €17,311 | €44,586 | +€27,275 | +157.6% |
| Profit (loss) for the period | 9904 | €43,038 | €106,422 | +€63,384 | +147.3% |
| Profit (loss) for the period to be appropriated | 9905 | €43,038 | €106,422 | +€63,384 | +147.3% |
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 12 October 2026 via checked.be.