FULL AUDIT: 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.
FULL AUDIT
Largest movements
- Receivables within one year -€3,865
down €3,865 (-26.8%), from €14,404 to €10,539
- Cash +€2,012
up €2,012 (+38.4%), from €5,233 to €7,245
mainly Receivables within one year (+€3,865) and Net result for the year (+€2,988)
- Tax, wage and social debts -€4,676
down €4,676 (-44.4%), from €10,536 to €5,860
of which Remuneration and social security: -€4,121
- Profit (loss) carried forward +€2,988
up €2,988 (+183.1%), from €1,632 to €4,620
- Accrued charges and deferred income -€2,500
no longer reported in 2025 (was €2,500)
- Trade debts +€2,063
up €2,063 (+855.9%), from €241 to €2,304
- Gross operating margin +€13,235
up €13,235 (+65.0%), from €20,372 to €33,607
- Staff costs +€13,083
up €13,083 (+78.7%), from €16,619 to €29,702
- Depreciation -€407
down €407 (-74.9%), from €544 to €136
- Financial charges -€401
down €401 (-88.1%), from €455 to €54
of which Non-recurring financial charges: -€407
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 | €19,909 | €17,784 | -€2,125 | -10.7% |
| Fixed assets | 21/28 | €136 | - | -€136 | |
| Tangible fixed assets | 22/27 | €136 | - | -€136 | |
| Furniture and vehicles | 24 | €136 | - | -€136 | |
| Current assets | 29/58 | €19,773 | €17,784 | -€1,989 | -10.1% |
| Amounts receivable within one year | 40/41 | €14,404 | €10,539 | -€3,865 | -26.8% |
| Trade receivables | 40 | €14,404 | €10,539 | -€3,865 | -26.8% |
| Cash at bank and in hand | 54/58 | €5,233 | €7,245 | +€2,012 | +38.4% |
| Deferred charges and accrued income | 490/1 | €136 | - | -€136 | |
| Total equity and liabilities | 10/49 | €19,909 | €17,784 | -€2,125 | -10.7% |
| Equity | 10/15 | €6,632 | €9,620 | +€2,988 | +45.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,632 | €4,620 | +€2,988 | +183.1% |
| Amounts payable | 17/49 | €13,277 | €8,164 | -€5,113 | -38.5% |
| Amounts payable within one year | 42/48 | €10,777 | €8,164 | -€2,613 | -24.2% |
| Trade debts | 44 | €241 | €2,304 | +€2,063 | +855.9% |
| Suppliers | 440/4 | €241 | €2,304 | +€2,063 | +855.9% |
| Taxes, remuneration and social security | 45 | €10,536 | €5,860 | -€4,676 | -44.4% |
| Taxes | 450/3 | €955 | €400 | -€555 | -58.1% |
| Remuneration and social security | 454/9 | €9,581 | €5,460 | -€4,121 | -43.0% |
| Accrued charges and deferred income | 492/3 | €2,500 | - | -€2,500 | |
| Remuneration, social security and pensions | 62 | €16,619 | €29,702 | +€13,083 | +78.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €544 | €136 | -€407 | -74.9% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €20,372 | €33,607 | +€13,235 | +65.0% |
| Operating profit (loss) | 9901 | €2,822 | €3,369 | +€547 | +19.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €455 | €54 | -€401 | -88.1% |
| Recurring financial charges | 65 | €48 | €54 | +€7 | +14.1% |
| Non-recurring financial charges | 66B | €407 | - | -€407 | |
| Profit (loss) for the period before taxes | 9903 | €2,367 | €3,314 | +€948 | +40.0% |
| Income taxes | 67/77 | - | €326 | +€326 | |
| Profit (loss) for the period | 9904 | €2,367 | €2,988 | +€621 | +26.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,367 | €2,988 | +€621 | +26.3% |
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 5 October 2026 via checked.be.