Funktion: 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.
Funktion
Largest movements
- Cash +€12,453
up €12,453 (+25.5%), from €48,813 to €61,266
mainly Other debts (+€59,941) and Net result for the year (+€46,550)
- Receivables within one year +€5,745
up €5,745 (+15.0%), from €38,300 to €44,045
of which Trade receivables: +€41,192
- Reserves -€69,450
down €69,450 (-90.7%), from €76,577 to €7,127
- Other debts +€59,941
new in 2025: €59,941
- Tax, wage and social debts +€28,371
up €28,371 (+364.9%), from €7,775 to €36,146
of which Taxes: +€21,621
- Gross operating margin +€27,073
up €27,073 (+79.8%), from €33,925 to €60,998
- Taxes +€6,102
up €6,102 (+84.5%), from €7,226 to €13,328
- Financial income -€675
down €675 (-72.1%), from €936 to €261
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 | €88,191 | €106,737 | +€18,545 | +21.0% |
| Fixed assets | 21/28 | €103 | - | -€103 | |
| Tangible fixed assets | 22/27 | €103 | - | -€103 | |
| Furniture and vehicles | 24 | €103 | - | -€103 | |
| Current assets | 29/58 | €88,089 | €106,737 | +€18,648 | +21.2% |
| Amounts receivable within one year | 40/41 | €38,300 | €44,045 | +€5,745 | +15.0% |
| Trade receivables | 40 | €2,853 | €44,045 | +€41,192 | +1443.8% |
| Other amounts receivable | 41 | €35,447 | - | -€35,447 | |
| Cash at bank and in hand | 54/58 | €48,813 | €61,266 | +€12,453 | +25.5% |
| Deferred charges and accrued income | 490/1 | €975 | €1,425 | +€450 | +46.1% |
| Total equity and liabilities | 10/49 | €88,191 | €106,737 | +€18,545 | +21.0% |
| Equity | 10/15 | €79,077 | €9,627 | -€69,450 | -87.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €76,577 | €7,127 | -€69,450 | -90.7% |
| Distributable reserves | 133 | €76,577 | €7,127 | -€69,450 | -90.7% |
| Amounts payable | 17/49 | €9,114 | €97,109 | +€87,995 | +965.5% |
| Amounts payable within one year | 42/48 | €9,114 | €97,109 | +€87,995 | +965.5% |
| Trade debts | 44 | €1,339 | €1,022 | -€316 | -23.6% |
| Suppliers | 440/4 | €1,339 | €1,022 | -€316 | -23.6% |
| Taxes, remuneration and social security | 45 | €7,775 | €36,146 | +€28,371 | +364.9% |
| Taxes | 450/3 | €7,775 | €29,396 | +€21,621 | +278.1% |
| Remuneration and social security | 454/9 | - | €6,750 | +€6,750 | |
| Other amounts payable | 47/48 | - | €59,941 | +€59,941 | |
| Non-recurring operating income | 76A | €2,533 | - | -€2,533 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €415 | €103 | -€312 | -75.3% |
| Other operating charges | 640/8 | €441 | €647 | +€206 | +46.7% |
| Gross operating margin | 9900 | €33,925 | €60,998 | +€27,073 | +79.8% |
| Operating profit (loss) | 9901 | €33,068 | €60,248 | +€27,179 | +82.2% |
| Financial income | 75/76B | €936 | €261 | -€675 | -72.1% |
| Recurring financial income | 75 | €936 | €261 | -€675 | -72.1% |
| Financial charges | 65/66B | €923 | €631 | -€293 | -31.7% |
| Recurring financial charges | 65 | €923 | €631 | -€293 | -31.7% |
| Profit (loss) for the period before taxes | 9903 | €33,082 | €59,878 | +€26,797 | +81.0% |
| Income taxes | 67/77 | €7,226 | €13,328 | +€6,102 | +84.5% |
| Profit (loss) for the period | 9904 | €25,856 | €46,550 | +€20,695 | +80.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,856 | €46,550 | +€20,695 | +80.0% |
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 4 October 2026 via checked.be.