FUTURE CHANGES: 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.
FUTURE CHANGES
Largest movements
- Receivables within one year +€39,713
up €39,713 (+116%), from €34,367 to €74,081
of which Trade receivables: +€39,003
- Tangible fixed assets +€12,618
up €12,618 (+33.4%), from €37,732 to €50,350
of which Furniture and vehicles: +€11,681
- Cash +€4,796
up €4,796 (+128%), from €3,760 to €8,556
mainly Trade debts (+€34,133) and Short-term financial debts (+€12,695)
- Trade debts +€34,133
up €34,133 (+378%), from €9,028 to €43,161
- Short-term financial debts +€12,695
new in 2025: €12,695
- Contributions +€7,800
up €7,800 (+355%), from €2,200 to €10,000
- Profit (loss) carried forward +€1,690
up €1,690 (+14.7%), from €11,530 to €13,220
- Turnover +€93,024
up €93,024 (+14.9%), from €625,914 to €718,938
- Purchases and services +€85,935
up €85,935 (+14.0%), from €615,735 to €701,670
- Depreciation +€7,596
up €7,596 (+152%), from €4,990 to €12,586
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 | €75,859 | €132,987 | +€57,128 | +75.3% |
| Fixed assets | 21/28 | €37,732 | €50,350 | +€12,618 | +33.4% |
| Tangible fixed assets | 22/27 | €37,732 | €50,350 | +€12,618 | +33.4% |
| Plant, machinery and equipment | 23 | €3,118 | €4,055 | +€937 | +30.0% |
| Furniture and vehicles | 24 | €34,614 | €46,295 | +€11,681 | +33.7% |
| Current assets | 29/58 | €38,127 | €82,636 | +€44,510 | +117% |
| Amounts receivable within one year | 40/41 | €34,367 | €74,081 | +€39,713 | +116% |
| Trade receivables | 40 | €33,441 | €72,444 | +€39,003 | +117% |
| Other amounts receivable | 41 | €926 | €1,637 | +€711 | +76.7% |
| Cash at bank and in hand | 54/58 | €3,760 | €8,556 | +€4,796 | +128% |
| Total equity and liabilities | 10/49 | €75,859 | €132,987 | +€57,128 | +75.3% |
| Equity | 10/15 | €13,730 | €23,220 | +€9,490 | +69.1% |
| Contributions | 10/11 | €2,200 | €10,000 | +€7,800 | +355% |
| Profit (loss) carried forward | 14 | €11,530 | €13,220 | +€1,690 | +14.7% |
| Amounts payable | 17/49 | €62,129 | €109,766 | +€47,637 | +76.7% |
| Amounts payable after more than one year | 17 | €36,123 | €37,398 | +€1,275 | +3.5% |
| Financial debts | 170/4 | €36,123 | €37,398 | +€1,275 | +3.5% |
| Amounts payable within one year | 42/48 | €26,006 | €72,368 | +€46,362 | +178% |
| Financial debts | 43 | - | €12,695 | +€12,695 | |
| Credit institutions | 430/8 | - | €12,695 | +€12,695 | |
| Trade debts | 44 | €9,028 | €43,161 | +€34,133 | +378% |
| Suppliers | 440/4 | €9,028 | €43,161 | +€34,133 | +378% |
| Taxes, remuneration and social security | 45 | €2,462 | €3,266 | +€805 | +32.7% |
| Taxes | 450/3 | €2,462 | €3,266 | +€805 | +32.7% |
| Other amounts payable | 47/48 | €14,516 | €13,245 | -€1,271 | -8.8% |
| Turnover | 70 | €625,914 | €718,938 | +€93,024 | +14.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €615,735 | €701,670 | +€85,935 | +14.0% |
| Remuneration, social security and pensions | 62 | €426 | - | -€426 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,990 | €12,586 | +€7,596 | +152% |
| Other operating charges | 640/8 | €388 | €1,197 | +€809 | +208% |
| Gross operating margin | 9900 | €10,179 | €17,268 | +€7,089 | +69.6% |
| Operating profit (loss) | 9901 | €4,376 | €3,485 | -€890 | -20.3% |
| Financial income | 75/76B | €1 | €12 | +€12 | +2,392% |
| Recurring financial income | 75 | €1 | €12 | +€12 | +2,392% |
| Financial charges | 65/66B | €510 | €434 | -€76 | -14.8% |
| Recurring financial charges | 65 | €510 | €434 | -€76 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | €3,866 | €3,064 | -€803 | -20.8% |
| Income taxes | 67/77 | €913 | €1,374 | +€460 | +50.4% |
| Profit (loss) for the period | 9904 | €2,953 | €1,690 | -€1,263 | -42.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,953 | €1,690 | -€1,263 | -42.8% |
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 13 October 2026 via checked.be.