From2 Together: 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.
From2 Together
Largest movements
- Tangible fixed assets +€2,339
up €2,339 (+288.1%), from €812 to €3,152
- Receivables within one year +€2,125
up €2,125 (+16.2%), from €13,088 to €15,214
of which Trade receivables: +€2,617
- Cash +€1,773
up €1,773 (+1.7%), from €102,890 to €104,663
mainly Other debts (+€51,626) and Net result for the year (+€22,950)
- Other debts +€51,626
up €51,626 (+110.8%), from €46,595 to €98,221
- Provisions -€46,332
no longer reported in 2025 (was €46,332)
- Profit (loss) carried forward +€2,950
up €2,950 (+23.3%), from €12,645 to €15,594
- Tax, wage and social debts -€2,520
down €2,520 (-43.2%), from €5,828 to €3,308
- Provisions -€92,664
down €92,664, from €46,332 to -€46,332
- Financial charges +€57,201
up €57,201 (+52152.4%), from €110 to €57,310
- Gross operating margin -€17,710
down €17,710 (-33.1%), from €53,532 to €35,822
- Taxes -€10,781
down €10,781 (-98.7%), from €10,926 to €145
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 | €117,202 | €124,089 | +€6,887 | +5.9% |
| Fixed assets | 21/28 | €937 | €3,277 | +€2,339 | +249.6% |
| Tangible fixed assets | 22/27 | €812 | €3,152 | +€2,339 | +288.1% |
| Furniture and vehicles | 24 | €812 | €3,152 | +€2,339 | +288.1% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €116,265 | €120,812 | +€4,548 | +3.9% |
| Amounts receivable within one year | 40/41 | €13,088 | €15,214 | +€2,125 | +16.2% |
| Trade receivables | 40 | €11,157 | €13,774 | +€2,617 | +23.5% |
| Other amounts receivable | 41 | €1,931 | €1,439 | -€492 | -25.5% |
| Cash at bank and in hand | 54/58 | €102,890 | €104,663 | +€1,773 | +1.7% |
| Deferred charges and accrued income | 490/1 | €287 | €936 | +€649 | +226.0% |
| Total equity and liabilities | 10/49 | €117,202 | €124,089 | +€6,887 | +5.9% |
| Equity | 10/15 | €17,645 | €20,594 | +€2,950 | +16.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,645 | €15,594 | +€2,950 | +23.3% |
| Provisions and deferred taxes | 16 | €46,332 | - | -€46,332 | |
| Provisions for liabilities and charges | 160/5 | €46,332 | - | -€46,332 | |
| Other liabilities and charges | 164/5 | €46,332 | - | -€46,332 | |
| Amounts payable | 17/49 | €53,225 | €103,494 | +€50,269 | +94.4% |
| Amounts payable within one year | 42/48 | €53,225 | €103,494 | +€50,269 | +94.4% |
| Trade debts | 44 | €802 | €1,966 | +€1,164 | +145.1% |
| Suppliers | 440/4 | €802 | €1,966 | +€1,164 | +145.1% |
| Taxes, remuneration and social security | 45 | €5,828 | €3,308 | -€2,520 | -43.2% |
| Taxes | 450/3 | €5,828 | €3,308 | -€2,520 | -43.2% |
| Other amounts payable | 47/48 | €46,595 | €98,221 | +€51,626 | +110.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €516 | €809 | +€293 | +56.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €46,332 | -€46,332 | -€92,664 | |
| Other operating charges | 640/8 | €873 | €942 | +€68 | +7.8% |
| Gross operating margin | 9900 | €53,532 | €35,822 | -€17,710 | -33.1% |
| Operating profit (loss) | 9901 | €5,811 | €80,404 | +€74,592 | +1283.6% |
| Financial income | 75/76B | €1 | €1 | -€0 | -30.8% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -30.8% |
| Financial charges | 65/66B | €110 | €57,310 | +€57,201 | +52152.4% |
| Recurring financial charges | 65 | €110 | €57,310 | +€57,201 | +52152.4% |
| Profit (loss) for the period before taxes | 9903 | €5,703 | €23,094 | +€17,391 | +305.0% |
| Income taxes | 67/77 | €10,926 | €145 | -€10,781 | -98.7% |
| Profit (loss) for the period | 9904 | -€5,223 | €22,950 | +€28,172 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,223 | €22,950 | +€28,172 |
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 30 September 2026 via checked.be.