GENERAL BUSINESS SYSTEMS: 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.
GENERAL BUSINESS SYSTEMS
Largest movements
- Tangible fixed assets +€31,534
new in 2025: €31,534
of which Furniture and vehicles: +€29,652
- Stocks and contracts -€6,547
down €6,547 (-26.3%), from €24,902 to €18,355
- Cash -€6,288
down €6,288 (-15.9%), from €39,547 to €33,259
mainly Investment in fixed assets (net) (-€36,016) and Other debts (-€8,000)
- Receivables within one year +€4,067
up €4,067 (+51.8%), from €7,856 to €11,923
of which Other amounts receivable: +€3,005
- Deferred charges and accrued income +€1,512
up €1,512 (+564%), from €268 to €1,780
- Reserves +€26,399
up €26,399 (+115%), from €22,914 to €49,314
of which Distributable reserves: +€26,399
- Other debts -€8,000
down €8,000 (-90.6%), from €8,833 to €833
- Trade debts +€3,778
up €3,778 (+67.8%), from €5,575 to €9,352
- Tax, wage and social debts +€2,102
up €2,102 (+22.7%), from €9,251 to €11,353
of which Taxes: +€2,331
- Other operating charges +€10,237
up €10,237 (+1,304%), from €785 to €11,022
- Write-downs -€8,154
down €8,154, from €3,517 to -€4,637
- Depreciation +€4,482
new in 2025: €4,482
- Gross operating margin -€2,330
down €2,330 (-4.6%), from €50,187 to €47,857
- Financial income +€842
new in 2025: €842
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 | €72,573 | €96,852 | +€24,279 | +33.5% |
| Fixed assets | 21/28 | - | €31,534 | +€31,534 | |
| Tangible fixed assets | 22/27 | - | €31,534 | +€31,534 | |
| Plant, machinery and equipment | 23 | - | €1,882 | +€1,882 | |
| Furniture and vehicles | 24 | - | €29,652 | +€29,652 | |
| Current assets | 29/58 | €72,573 | €65,318 | -€7,255 | -10.0% |
| Stocks and contracts in progress | 3 | €24,902 | €18,355 | -€6,547 | -26.3% |
| Stocks | 30/36 | €24,902 | €18,355 | -€6,547 | -26.3% |
| Amounts receivable within one year | 40/41 | €7,856 | €11,923 | +€4,067 | +51.8% |
| Trade receivables | 40 | €7,856 | €8,919 | +€1,063 | +13.5% |
| Other amounts receivable | 41 | - | €3,005 | +€3,005 | |
| Cash at bank and in hand | 54/58 | €39,547 | €33,259 | -€6,288 | -15.9% |
| Deferred charges and accrued income | 490/1 | €268 | €1,780 | +€1,512 | +564% |
| Total equity and liabilities | 10/49 | €72,573 | €96,852 | +€24,279 | +33.5% |
| Equity | 10/15 | €48,914 | €75,314 | +€26,399 | +54.0% |
| Contributions | 10/11 | €26,000 | €26,000 | = | 0.0% |
| Reserves | 13 | €22,914 | €49,314 | +€26,399 | +115% |
| Non-distributable reserves | 130/1 | €3,789 | €3,789 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,789 | €3,789 | = | 0.0% |
| Distributable reserves | 133 | €19,125 | €45,524 | +€26,399 | +138% |
| Amounts payable | 17/49 | €23,659 | €21,538 | -€2,121 | -9.0% |
| Amounts payable within one year | 42/48 | €23,659 | €21,538 | -€2,121 | -9.0% |
| Trade debts | 44 | €5,575 | €9,352 | +€3,778 | +67.8% |
| Suppliers | 440/4 | €5,575 | €9,352 | +€3,778 | +67.8% |
| Taxes, remuneration and social security | 45 | €9,251 | €11,353 | +€2,102 | +22.7% |
| Taxes | 450/3 | €9,022 | €11,353 | +€2,331 | +25.8% |
| Remuneration and social security | 454/9 | €229 | - | -€229 | |
| Other amounts payable | 47/48 | €8,833 | €833 | -€8,000 | -90.6% |
| Non-recurring operating income | 76A | - | €3,000 | +€3,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €4,482 | +€4,482 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,517 | -€4,637 | -€8,154 | |
| Other operating charges | 640/8 | €785 | €11,022 | +€10,237 | +1,304% |
| Gross operating margin | 9900 | €50,187 | €47,857 | -€2,330 | -4.6% |
| Operating profit (loss) | 9901 | €45,885 | €36,989 | -€8,896 | -19.4% |
| Financial income | 75/76B | - | €842 | +€842 | |
| Recurring financial income | 75 | - | €842 | +€842 | |
| Financial charges | 65/66B | €269 | €201 | -€68 | -25.3% |
| Recurring financial charges | 65 | €269 | €201 | -€68 | -25.3% |
| Profit (loss) for the period before taxes | 9903 | €45,616 | €37,631 | -€7,986 | -17.5% |
| Income taxes | 67/77 | €10,544 | €10,398 | -€146 | -1.4% |
| Profit (loss) for the period | 9904 | €35,072 | €27,232 | -€7,839 | -22.4% |
| Profit (loss) for the period to be appropriated | 9905 | €35,072 | €27,232 | -€7,839 | -22.4% |
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 27 October 2026 via checked.be.