FRS IT: 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.
FRS IT
Largest movements
- Cash +€16,586
up €16,586 (+53.9%), from €30,756 to €47,342
mainly Net result for the year (+€22,810) and Trade debts (+€1,922)
- Receivables within one year +€7,037
up €7,037 (+169%), from €4,163 to €11,200
- Tangible fixed assets -€766
down €766 (-50.0%), from €1,532 to €766
- Profit (loss) carried forward +€22,810
up €22,810 (+114%), from €20,061 to €42,871
- Accrued charges and deferred income -€2,017
no longer reported in 2025 (was €2,017)
- Trade debts +€1,922
up €1,922 (+2,587%), from €74 to €1,996
- Gross operating margin +€6,070
up €6,070 (+25.7%), from €23,648 to €29,718
- Taxes +€1,227
up €1,227 (+25.8%), from €4,752 to €5,980
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 | €36,450 | €59,308 | +€22,857 | +62.7% |
| Fixed assets | 21/28 | €1,532 | €766 | -€766 | -50.0% |
| Tangible fixed assets | 22/27 | €1,532 | €766 | -€766 | -50.0% |
| Furniture and vehicles | 24 | €1,532 | €766 | -€766 | -50.0% |
| Current assets | 29/58 | €34,919 | €58,542 | +€23,623 | +67.7% |
| Amounts receivable within one year | 40/41 | €4,163 | €11,200 | +€7,037 | +169% |
| Trade receivables | 40 | €4,163 | €11,200 | +€7,037 | +169% |
| Cash at bank and in hand | 54/58 | €30,756 | €47,342 | +€16,586 | +53.9% |
| Total equity and liabilities | 10/49 | €36,450 | €59,308 | +€22,857 | +62.7% |
| Equity | 10/15 | €21,061 | €43,871 | +€22,810 | +108% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,061 | €42,871 | +€22,810 | +114% |
| Amounts payable | 17/49 | €15,389 | €15,436 | +€47 | +0.3% |
| Amounts payable within one year | 42/48 | €13,373 | €15,436 | +€2,064 | +15.4% |
| Trade debts | 44 | €74 | €1,996 | +€1,922 | +2,587% |
| Suppliers | 440/4 | €74 | €1,996 | +€1,922 | +2,587% |
| Taxes, remuneration and social security | 45 | €12,571 | €12,928 | +€356 | +2.8% |
| Taxes | 450/3 | €12,571 | €12,928 | +€356 | +2.8% |
| Other amounts payable | 47/48 | €727 | €513 | -€214 | -29.5% |
| Accrued charges and deferred income | 492/3 | €2,017 | - | -€2,017 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €766 | €766 | = | 0.0% |
| Gross operating margin | 9900 | €23,648 | €29,718 | +€6,070 | +25.7% |
| Operating profit (loss) | 9901 | €22,883 | €28,953 | +€6,070 | +26.5% |
| Financial income | 75/76B | €1 | €4 | +€3 | +488% |
| Recurring financial income | 75 | €1 | €4 | +€3 | +488% |
| Financial charges | 65/66B | €173 | €167 | -€6 | -3.5% |
| Recurring financial charges | 65 | €173 | €167 | -€6 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €22,711 | €28,790 | +€6,080 | +26.8% |
| Income taxes | 67/77 | €4,752 | €5,980 | +€1,227 | +25.8% |
| Profit (loss) for the period | 9904 | €17,958 | €22,810 | +€4,852 | +27.0% |
| Profit (loss) for the period to be appropriated | 9905 | €17,958 | €22,810 | +€4,852 | +27.0% |
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 15 October 2026 via checked.be.