From Yellow: 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.
From Yellow
Largest movements
- Cash +€16,736
up €16,736 (+165.0%), from €10,144 to €26,879
mainly Net result for the year (+€25,446) and Short-term financial debts (+€8,000)
- Tangible fixed assets +€5,223
up €5,223 (+66.0%), from €7,911 to €13,134
of which Land and buildings: +€4,838
- Deferred charges and accrued income -€1,677
down €1,677 (-68.4%), from €2,452 to €775
- Reserves +€25,446
up €25,446 (+163.9%), from €15,525 to €40,971
- Short-term financial debts +€8,000
new in 2025: €8,000
- Other debts -€6,721
down €6,721 (-83.5%), from €8,048 to €1,328
- Tax, wage and social debts -€6,442
down €6,442 (-75.9%), from €8,485 to €2,043
- Gross operating margin +€15,472
up €15,472 (+72.9%), from €21,219 to €36,691
- Taxes +€2,892
up €2,892 (+63.8%), from €4,535 to €7,426
- Depreciation +€2,070
up €2,070 (+425.4%), from €487 to €2,556
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 | €37,060 | €57,330 | +€20,270 | +54.7% |
| Fixed assets | 21/28 | €7,911 | €13,134 | +€5,223 | +66.0% |
| Tangible fixed assets | 22/27 | €7,911 | €13,134 | +€5,223 | +66.0% |
| Land and buildings | 22 | €3,693 | €8,531 | +€4,838 | +131.0% |
| Furniture and vehicles | 24 | €4,218 | €4,603 | +€385 | +9.1% |
| Current assets | 29/58 | €29,148 | €44,196 | +€15,047 | +51.6% |
| Amounts receivable within one year | 40/41 | €16,553 | €16,542 | -€11 | -0.1% |
| Trade receivables | 40 | €16,553 | €15,968 | -€585 | -3.5% |
| Other amounts receivable | 41 | - | €574 | +€574 | |
| Cash at bank and in hand | 54/58 | €10,144 | €26,879 | +€16,736 | +165.0% |
| Deferred charges and accrued income | 490/1 | €2,452 | €775 | -€1,677 | -68.4% |
| Total equity and liabilities | 10/49 | €37,060 | €57,330 | +€20,270 | +54.7% |
| Equity | 10/15 | €18,525 | €43,971 | +€25,446 | +137.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €15,525 | €40,971 | +€25,446 | +163.9% |
| Distributable reserves | 133 | €15,525 | €40,971 | +€25,446 | +163.9% |
| Amounts payable | 17/49 | €18,535 | €13,359 | -€5,176 | -27.9% |
| Amounts payable within one year | 42/48 | €18,235 | €12,584 | -€5,651 | -31.0% |
| Financial debts | 43 | - | €8,000 | +€8,000 | |
| Credit institutions | 430/8 | - | €8,000 | +€8,000 | |
| Trade debts | 44 | €1,701 | €1,213 | -€488 | -28.7% |
| Suppliers | 440/4 | €1,701 | €1,213 | -€488 | -28.7% |
| Taxes, remuneration and social security | 45 | €8,485 | €2,043 | -€6,442 | -75.9% |
| Taxes | 450/3 | €8,485 | €2,043 | -€6,442 | -75.9% |
| Other amounts payable | 47/48 | €8,048 | €1,328 | -€6,721 | -83.5% |
| Accrued charges and deferred income | 492/3 | €300 | €775 | +€475 | +158.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €487 | €2,556 | +€2,070 | +425.4% |
| Other operating charges | 640/8 | €450 | €727 | +€276 | +61.4% |
| Gross operating margin | 9900 | €21,219 | €36,691 | +€15,472 | +72.9% |
| Operating profit (loss) | 9901 | €20,282 | €33,408 | +€13,126 | +64.7% |
| Financial income | 75/76B | - | €24 | +€24 | |
| Recurring financial income | 75 | - | €24 | +€24 | |
| Financial charges | 65/66B | €223 | €560 | +€337 | +151.5% |
| Recurring financial charges | 65 | €223 | €560 | +€337 | +151.5% |
| Profit (loss) for the period before taxes | 9903 | €20,059 | €32,872 | +€12,813 | +63.9% |
| Income taxes | 67/77 | €4,535 | €7,426 | +€2,892 | +63.8% |
| Profit (loss) for the period | 9904 | €15,525 | €25,446 | +€9,921 | +63.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,525 | €25,446 | +€9,921 | +63.9% |
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 3 October 2026 via checked.be.