FOLLOW FOCUS: 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.
FOLLOW FOCUS
Largest movements
- Cash +€10,023
up €10,023 (+143%), from €6,992 to €17,014
mainly Depreciation (+€4,869) and Receivables within one year (+€4,687)
- Receivables within one year -€4,687
down €4,687 (-61.0%), from €7,689 to €3,002
of which Trade receivables: -€5,423
- Tangible fixed assets -€2,324
down €2,324 (-49.4%), from €4,701 to €2,377
of which Furniture and vehicles: -€3,244
- Trade debts +€3,273
up €3,273 (+309%), from €1,058 to €4,330
- Tax, wage and social debts -€2,528
down €2,528 (-63.1%), from €4,007 to €1,479
- Profit (loss) carried forward +€1,981
up €1,981 (+194%), from €1,021 to €3,002
- Other debts +€1,706
up €1,706 (+42.4%), from €4,028 to €5,734
- Short-term financial debts -€1,611
no longer reported in 2025 (was €1,611)
- Purchases and services +€16,112
up €16,112 (+29.2%), from €55,129 to €71,242
- Turnover +€10,851
up €10,851 (+15.8%), from €68,484 to €79,335
- Gross operating margin -€3,741
down €3,741 (-28.0%), from €13,354 to €9,613
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 | €19,791 | €22,611 | +€2,820 | +14.2% |
| Fixed assets | 21/28 | €4,701 | €2,377 | -€2,324 | -49.4% |
| Tangible fixed assets | 22/27 | €4,701 | €2,377 | -€2,324 | -49.4% |
| Plant, machinery and equipment | 23 | €327 | €1,247 | +€920 | +282% |
| Furniture and vehicles | 24 | €4,374 | €1,130 | -€3,244 | -74.2% |
| Current assets | 29/58 | €15,090 | €20,234 | +€5,144 | +34.1% |
| Amounts receivable within one year | 40/41 | €7,689 | €3,002 | -€4,687 | -61.0% |
| Trade receivables | 40 | €7,616 | €2,193 | -€5,423 | -71.2% |
| Other amounts receivable | 41 | €73 | €809 | +€736 | +1,009% |
| Cash at bank and in hand | 54/58 | €6,992 | €17,014 | +€10,023 | +143% |
| Deferred charges and accrued income | 490/1 | €409 | €217 | -€192 | -46.9% |
| Total equity and liabilities | 10/49 | €19,791 | €22,611 | +€2,820 | +14.2% |
| Equity | 10/15 | €9,086 | €11,067 | +€1,981 | +21.8% |
| Contributions | 10/11 | €8,064 | €8,064 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,021 | €3,002 | +€1,981 | +194% |
| Amounts payable | 17/49 | €10,705 | €11,544 | +€839 | +7.8% |
| Amounts payable within one year | 42/48 | €10,705 | €11,544 | +€839 | +7.8% |
| Financial debts | 43 | €1,611 | - | -€1,611 | |
| Credit institutions | 430/8 | €1,611 | - | -€1,611 | |
| Trade debts | 44 | €1,058 | €4,330 | +€3,273 | +309% |
| Suppliers | 440/4 | €1,058 | €4,330 | +€3,273 | +309% |
| Taxes, remuneration and social security | 45 | €4,007 | €1,479 | -€2,528 | -63.1% |
| Taxes | 450/3 | €4,007 | €1,479 | -€2,528 | -63.1% |
| Other amounts payable | 47/48 | €4,028 | €5,734 | +€1,706 | +42.4% |
| Turnover | 70 | €68,484 | €79,335 | +€10,851 | +15.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €55,129 | €71,242 | +€16,112 | +29.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,241 | €4,869 | +€628 | +14.8% |
| Other operating charges | 640/8 | €197 | €827 | +€630 | +320% |
| Gross operating margin | 9900 | €13,354 | €9,613 | -€3,741 | -28.0% |
| Operating profit (loss) | 9901 | €8,917 | €3,918 | -€4,999 | -56.1% |
| Financial charges | 65/66B | €215 | €171 | -€44 | -20.4% |
| Recurring financial charges | 65 | €215 | €171 | -€44 | -20.4% |
| Profit (loss) for the period before taxes | 9903 | €8,701 | €3,747 | -€4,955 | -56.9% |
| Income taxes | 67/77 | €1,890 | €1,766 | -€125 | -6.6% |
| Profit (loss) for the period | 9904 | €6,811 | €1,981 | -€4,830 | -70.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,811 | €1,981 | -€4,830 | -70.9% |
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.