FOUND FREQUENCIES: 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.
FOUND FREQUENCIES
Largest movements
- Receivables within one year +€862,393
up €862,393 (+433.5%), from €198,943 to €1.1m
of which Trade receivables: +€613,876
- Cash +€721,015
up €721,015 (+160.1%), from €450,439 to €1.2m
mainly Accrued charges and deferred income (+€846,804) and Trade debts (+€509,198)
- Deferred charges and accrued income -€73,209
down €73,209 (-95.3%), from €76,836 to €3,627
- Accrued charges and deferred income +€846,804
new in 2025: €846,804
- Trade debts +€509,198
up €509,198 (+249.7%), from €203,938 to €713,137
- Other debts +€444,599
up €444,599 (+42348.4%), from €1,050 to €445,649
- Profit (loss) carried forward -€380,868
down €380,868 (-100.0%), from €380,868 to €0
- Reserves +€61,914
new in 2025: €61,914
- Gross operating margin -€428,877
down €428,877 (-77.9%), from €550,404 to €121,527
- Financial income +€236,581
up €236,581 (+1201.4%), from €19,692 to €256,274
- Financial charges +€84,607
up €84,607 (+370.3%), from €22,849 to €107,456
- Taxes -€81,622
down €81,622 (-65.4%), from €124,881 to €43,259
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 | €726,219 | €2,236,418 | +€1.5m | +208.0% |
| Current assets | 29/58 | €726,219 | €2,236,418 | +€1.5m | +208.0% |
| Amounts receivable within one year | 40/41 | €198,943 | €1,061,336 | +€862,393 | +433.5% |
| Trade receivables | 40 | €66,211 | €680,087 | +€613,876 | +927.2% |
| Other amounts receivable | 41 | €132,733 | €381,249 | +€248,517 | +187.2% |
| Cash at bank and in hand | 54/58 | €450,439 | €1,171,455 | +€721,015 | +160.1% |
| Deferred charges and accrued income | 490/1 | €76,836 | €3,627 | -€73,209 | -95.3% |
| Total equity and liabilities | 10/49 | €726,219 | €2,236,418 | +€1.5m | +208.0% |
| Equity | 10/15 | €395,868 | €76,914 | -€318,955 | -80.6% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | - | €61,914 | +€61,914 | |
| Tax-exempt reserves | 132 | - | €61,914 | +€61,914 | |
| Profit (loss) carried forward | 14 | €380,868 | €0 | -€380,868 | -100.0% |
| Amounts payable | 17/49 | €330,350 | €2,159,505 | +€1.8m | +553.7% |
| Amounts payable within one year | 42/48 | €330,350 | €1,312,701 | +€982,350 | +297.4% |
| Trade debts | 44 | €203,938 | €713,137 | +€509,198 | +249.7% |
| Suppliers | 440/4 | €203,938 | €713,137 | +€509,198 | +249.7% |
| Taxes, remuneration and social security | 45 | €125,362 | €153,915 | +€28,553 | +22.8% |
| Taxes | 450/3 | €125,362 | €153,915 | +€28,553 | +22.8% |
| Other amounts payable | 47/48 | €1,050 | €445,649 | +€444,599 | +42348.4% |
| Accrued charges and deferred income | 492/3 | - | €846,804 | +€846,804 | |
| Other operating charges | 640/8 | €387 | €1,727 | +€1,340 | +345.8% |
| Non-recurring operating charges | 66A | €66,833 | €99,715 | +€32,883 | +49.2% |
| Gross operating margin | 9900 | €550,404 | €121,527 | -€428,877 | -77.9% |
| Operating profit (loss) | 9901 | €483,184 | €20,085 | -€463,099 | -95.8% |
| Financial income | 75/76B | €19,692 | €256,274 | +€236,581 | +1201.4% |
| Recurring financial income | 75 | €19,692 | €256,274 | +€236,581 | +1201.4% |
| Financial charges | 65/66B | €22,849 | €107,456 | +€84,607 | +370.3% |
| Recurring financial charges | 65 | €22,849 | €107,456 | +€84,607 | +370.3% |
| Profit (loss) for the period before taxes | 9903 | €480,027 | €168,903 | -€311,124 | -64.8% |
| Income taxes | 67/77 | €124,881 | €43,259 | -€81,622 | -65.4% |
| Profit (loss) for the period | 9904 | €355,146 | €125,644 | -€229,502 | -64.6% |
| Transfer to tax-exempt reserves | 689 | - | €61,914 | +€61,914 | |
| Profit (loss) for the period to be appropriated | 9905 | €355,146 | €63,730 | -€291,416 | -82.1% |
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 8 October 2026 via checked.be.