Fokus: 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.
Fokus
Largest movements
- Cash +€17,191
up €17,191 (+995.2%), from €1,727 to €18,918
mainly Trade debts (+€16,604) and Net result for the year (+€11,742)
- Receivables within one year +€9,203
up €9,203 (+70.5%), from €13,058 to €22,261
of which Trade receivables: +€8,799
- Tangible fixed assets +€5,607
up €5,607 (+374.6%), from €1,497 to €7,103
of which Other tangible fixed assets: +€6,165
- Deferred charges and accrued income +€2,600
up €2,600, from €0 to €2,600
- Trade debts +€16,604
up €16,604 (+421.9%), from €3,935 to €20,540
- Reserves +€9,876
new in 2025: €9,876
- Tax, wage and social debts +€9,602
up €9,602 (+191.8%), from €5,007 to €14,609
of which Taxes: +€9,602
- Other debts -€3,347
down €3,347 (-54.1%), from €6,187 to €2,840
- Profit (loss) carried forward +€1,867
up €1,867, from -€1,867 to €0
- Turnover +€59,665
up €59,665 (+46.3%), from €128,921 to €188,586
- Purchases and services +€43,100
up €43,100 (+33.8%), from €127,376 to €170,476
- Gross operating margin +€16,557
up €16,557 (+924.1%), from €1,792 to €18,349
- Taxes +€3,511
up €3,511 (+499.9%), from €702 to €4,214
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 | €16,282 | €50,882 | +€34,600 | +212.5% |
| Fixed assets | 21/28 | €1,497 | €7,103 | +€5,607 | +374.6% |
| Tangible fixed assets | 22/27 | €1,497 | €7,103 | +€5,607 | +374.6% |
| Furniture and vehicles | 24 | €1,497 | €939 | -€558 | -37.3% |
| Other tangible fixed assets | 26 | - | €6,165 | +€6,165 | |
| Current assets | 29/58 | €14,785 | €43,779 | +€28,993 | +196.1% |
| Amounts receivable within one year | 40/41 | €13,058 | €22,261 | +€9,203 | +70.5% |
| Trade receivables | 40 | €12,401 | €21,200 | +€8,799 | +71.0% |
| Other amounts receivable | 41 | €657 | €1,061 | +€403 | +61.3% |
| Cash at bank and in hand | 54/58 | €1,727 | €18,918 | +€17,191 | +995.2% |
| Deferred charges and accrued income | 490/1 | €0 | €2,600 | +€2,600 | |
| Total equity and liabilities | 10/49 | €16,282 | €50,882 | +€34,600 | +212.5% |
| Equity | 10/15 | €1,133 | €12,876 | +€11,742 | +1036.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €9,876 | +€9,876 | |
| Distributable reserves | 133 | - | €9,876 | +€9,876 | |
| Profit (loss) carried forward | 14 | -€1,867 | €0 | +€1,867 | |
| Amounts payable | 17/49 | €15,149 | €38,006 | +€22,858 | +150.9% |
| Amounts payable within one year | 42/48 | €15,149 | €38,006 | +€22,858 | +150.9% |
| Financial debts | 43 | €19 | €17 | -€2 | -9.3% |
| Credit institutions | 430/8 | €19 | €17 | -€2 | -9.3% |
| Trade debts | 44 | €3,935 | €20,540 | +€16,604 | +421.9% |
| Suppliers | 440/4 | €3,935 | €20,540 | +€16,604 | +421.9% |
| Taxes, remuneration and social security | 45 | €5,007 | €14,609 | +€9,602 | +191.8% |
| Taxes | 450/3 | €3,028 | €12,630 | +€9,602 | +317.2% |
| Remuneration and social security | 454/9 | €1,979 | €1,979 | = | 0.0% |
| Other amounts payable | 47/48 | €6,187 | €2,840 | -€3,347 | -54.1% |
| Turnover | 70 | €128,921 | €188,586 | +€59,665 | +46.3% |
| Non-recurring operating income | 76A | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €127,376 | €170,476 | +€43,100 | +33.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €177 | €679 | +€502 | +282.8% |
| Other operating charges | 640/8 | €416 | €1,018 | +€602 | +144.5% |
| Gross operating margin | 9900 | €1,792 | €18,349 | +€16,557 | +924.1% |
| Operating profit (loss) | 9901 | €1,198 | €16,652 | +€15,454 | +1290.0% |
| Financial income | 75/76B | €1 | €55 | +€55 | +10942.0% |
| Recurring financial income | 75 | €1 | €55 | +€55 | +10942.0% |
| Financial charges | 65/66B | €809 | €751 | -€57 | -7.1% |
| Recurring financial charges | 65 | €809 | €751 | -€57 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €390 | €15,956 | +€15,566 | +3992.5% |
| Income taxes | 67/77 | €702 | €4,214 | +€3,511 | +499.9% |
| Profit (loss) for the period | 9904 | -€313 | €11,742 | +€12,055 | |
| Profit (loss) for the period to be appropriated | 9905 | -€313 | €11,742 | +€12,055 |
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 10 October 2026 via checked.be.