FRACTAL DEVELOPMENT: 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.
FRACTAL DEVELOPMENT
Largest movements
- Receivables within one year +€39,972
up €39,972 (+59.6%), from €67,028 to €107,000
- Cash +€16,240
up €16,240 (+9.7%), from €166,803 to €183,043
mainly Other debts (+€61,311) and Net result for the year (+€49,161)
- Tangible fixed assets -€12,089
down €12,089 (-23.4%), from €51,562 to €39,473
of which Furniture and vehicles: -€8,562
- Other debts +€61,311
up €61,311 (+39.2%), from €156,317 to €217,628
- Tax, wage and social debts -€13,146
down €13,146 (-44.5%), from €29,575 to €16,428
- Gross operating margin +€18,067
up €18,067 (+19.1%), from €94,695 to €112,762
- Financial charges +€10,631
up €10,631 (+39.6%), from €26,871 to €37,503
- Depreciation +€1,129
up €1,129 (+10.3%), from €10,960 to €12,089
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 | €285,393 | €331,136 | +€45,743 | +16.0% |
| Fixed assets | 21/28 | €51,562 | €39,473 | -€12,089 | -23.4% |
| Tangible fixed assets | 22/27 | €51,562 | €39,473 | -€12,089 | -23.4% |
| Furniture and vehicles | 24 | €28,539 | €19,977 | -€8,562 | -30.0% |
| Other tangible fixed assets | 26 | €23,022 | €19,495 | -€3,527 | -15.3% |
| Current assets | 29/58 | €233,831 | €291,663 | +€57,832 | +24.7% |
| Amounts receivable within one year | 40/41 | €67,028 | €107,000 | +€39,972 | +59.6% |
| Trade receivables | 40 | €67,028 | €107,000 | +€39,972 | +59.6% |
| Cash at bank and in hand | 54/58 | €166,803 | €183,043 | +€16,240 | +9.7% |
| Deferred charges and accrued income | 490/1 | - | €1,621 | +€1,621 | |
| Total equity and liabilities | 10/49 | €285,393 | €331,136 | +€45,743 | +16.0% |
| Equity | 10/15 | €95,485 | €95,646 | +€161 | +0.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €76,860 | €76,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25 | €186 | +€161 | +638% |
| Amounts payable | 17/49 | €189,908 | €235,490 | +€45,582 | +24.0% |
| Amounts payable within one year | 42/48 | €189,908 | €235,490 | +€45,582 | +24.0% |
| Trade debts | 44 | €4,016 | €1,433 | -€2,583 | -64.3% |
| Suppliers | 440/4 | €4,016 | €1,433 | -€2,583 | -64.3% |
| Taxes, remuneration and social security | 45 | €29,575 | €16,428 | -€13,146 | -44.5% |
| Taxes | 450/3 | €29,575 | €16,428 | -€13,146 | -44.5% |
| Other amounts payable | 47/48 | €156,317 | €217,628 | +€61,311 | +39.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,960 | €12,089 | +€1,129 | +10.3% |
| Other operating charges | 640/8 | €1,274 | €751 | -€523 | -41.0% |
| Gross operating margin | 9900 | €94,695 | €112,762 | +€18,067 | +19.1% |
| Operating profit (loss) | 9901 | €82,461 | €99,922 | +€17,461 | +21.2% |
| Financial income | 75/76B | €23 | €0 | -€23 | -98.8% |
| Recurring financial income | 75 | €23 | €0 | -€23 | -98.8% |
| Financial charges | 65/66B | €26,871 | €37,503 | +€10,631 | +39.6% |
| Recurring financial charges | 65 | €26,871 | €37,503 | +€10,631 | +39.6% |
| Profit (loss) for the period before taxes | 9903 | €55,613 | €62,419 | +€6,807 | +12.2% |
| Income taxes | 67/77 | €12,279 | €13,258 | +€979 | +8.0% |
| Profit (loss) for the period | 9904 | €43,333 | €49,161 | +€5,827 | +13.4% |
| Profit (loss) for the period to be appropriated | 9905 | €43,333 | €49,161 | +€5,827 | +13.4% |
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 20 October 2026 via checked.be.