FOCUS2MOVE: what changed
Two fiscal 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.
FOCUS2MOVE
Largest movements
- Cash +€68,360
up €68,360 (+44.8%), from €152,577 to €220,937
mainly Net result for the year (+€41,410) and Tax, wage and social debts (+€15,446)
- Tangible fixed assets +€3,813
up €3,813 (+49.3%), from €7,741 to €11,554
of which Furniture and vehicles: +€5,390
- Reserves +€41,410
up €41,410 (+34.4%), from €120,470 to €161,880
- Tax, wage and social debts +€15,446
up €15,446 (+129.8%), from €11,902 to €27,348
- Other debts +€14,963
up €14,963 (+40.9%), from €36,541 to €51,504
- Gross operating margin +€23,362
up €23,362 (+59.3%), from €39,412 to €62,774
- Taxes +€4,794
up €4,794 (+45.0%), from €10,652 to €15,446
- Depreciation +€1,330
up €1,330 (+50.8%), from €2,618 to €3,948
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 | €184,443 | €256,656 | +€72,213 | +39.2% |
| Fixed assets | 21/28 | €7,741 | €11,554 | +€3,813 | +49.3% |
| Tangible fixed assets | 22/27 | €7,741 | €11,554 | +€3,813 | +49.3% |
| Plant, machinery and equipment | 23 | €6,853 | €5,276 | -€1,577 | -23.0% |
| Furniture and vehicles | 24 | €888 | €6,278 | +€5,390 | +607.0% |
| Current assets | 29/58 | €176,702 | €245,102 | +€68,400 | +38.7% |
| Amounts receivable within one year | 40/41 | €205 | €411 | +€206 | +100.5% |
| Trade receivables | 40 | €205 | €411 | +€206 | +100.5% |
| Cash at bank and in hand | 54/58 | €152,577 | €220,937 | +€68,360 | +44.8% |
| Deferred charges and accrued income | 490/1 | €23,920 | €23,754 | -€166 | -0.7% |
| Total equity and liabilities | 10/49 | €184,443 | €256,656 | +€72,213 | +39.2% |
| Equity | 10/15 | €130,470 | €171,880 | +€41,410 | +31.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €120,470 | €161,880 | +€41,410 | +34.4% |
| Distributable reserves | 133 | €120,470 | €161,880 | +€41,410 | +34.4% |
| Amounts payable | 17/49 | €53,973 | €84,776 | +€30,803 | +57.1% |
| Amounts payable within one year | 42/48 | €53,973 | €84,776 | +€30,803 | +57.1% |
| Trade debts | 44 | €5,530 | €5,924 | +€394 | +7.1% |
| Suppliers | 440/4 | €5,530 | €5,924 | +€394 | +7.1% |
| Taxes, remuneration and social security | 45 | €11,902 | €27,348 | +€15,446 | +129.8% |
| Taxes | 450/3 | €11,902 | €27,348 | +€15,446 | +129.8% |
| Other amounts payable | 47/48 | €36,541 | €51,504 | +€14,963 | +40.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,618 | €3,948 | +€1,330 | +50.8% |
| Other operating charges | 640/8 | €993 | €1,186 | +€193 | +19.4% |
| Non-recurring operating charges | 66A | €516 | €692 | +€176 | +34.1% |
| Gross operating margin | 9900 | €39,412 | €62,774 | +€23,362 | +59.3% |
| Operating profit (loss) | 9901 | €35,285 | €56,948 | +€21,663 | +61.4% |
| Financial charges | 65/66B | €74 | €92 | +€18 | +24.3% |
| Recurring financial charges | 65 | €74 | €92 | +€18 | +24.3% |
| Profit (loss) for the period before taxes | 9903 | €35,211 | €56,856 | +€21,645 | +61.5% |
| Income taxes | 67/77 | €10,652 | €15,446 | +€4,794 | +45.0% |
| Profit (loss) for the period | 9904 | €24,559 | €41,410 | +€16,851 | +68.6% |
| Profit (loss) for the period to be appropriated | 9905 | €24,559 | €41,410 | +€16,851 | +68.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.