GENERAL SURVEYS: 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 SURVEYS
Largest movements
- Cash +€235,669
up €235,669 (+14,701%), from €1,603 to €237,272
mainly Net result for the year (+€206,074) and Tax, wage and social debts (+€66,937)
- Tangible fixed assets -€8,959
down €8,959 (-69.4%), from €12,902 to €3,944
of which Furniture and vehicles: -€6,833
- Profit (loss) carried forward +€115,449
up €115,449, from -€115,449 to €0
- Reserves +€90,626
up €90,626 (+69.3%), from €130,860 to €221,486
- Tax, wage and social debts +€66,937
up €66,937 (+214%), from €31,247 to €98,184
of which Taxes: +€56,369
- Trade debts -€24,683
down €24,683 (-84.1%), from €29,337 to €4,654
- Other debts -€17,605
down €17,605 (-94.7%), from €18,584 to €979
- Gross operating margin +€400,578
up €400,578 (+377%), from €106,176 to €506,754
- Taxes +€91,274
up €91,274 (+15,528%), from €588 to €91,862
- Staff costs +€45,437
up €45,437 (+31.2%), from €145,649 to €191,086
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 | €113,179 | €343,902 | +€230,723 | +204% |
| Fixed assets | 21/28 | €15,102 | €5,144 | -€9,959 | -65.9% |
| Tangible fixed assets | 22/27 | €12,902 | €3,944 | -€8,959 | -69.4% |
| Plant, machinery and equipment | 23 | €3,201 | €1,075 | -€2,126 | -66.4% |
| Furniture and vehicles | 24 | €9,701 | €2,868 | -€6,833 | -70.4% |
| Financial fixed assets | 28 | €2,200 | €1,200 | -€1,000 | -45.5% |
| Current assets | 29/58 | €98,077 | €338,758 | +€240,681 | +245% |
| Amounts receivable within one year | 40/41 | €92,439 | €94,415 | +€1,976 | +2.1% |
| Trade receivables | 40 | €68,661 | €72,083 | +€3,422 | +5.0% |
| Other amounts receivable | 41 | €23,777 | €22,331 | -€1,446 | -6.1% |
| Current investments | 50/53 | €251 | €144 | -€107 | -42.5% |
| Cash at bank and in hand | 54/58 | €1,603 | €237,272 | +€235,669 | +14,701% |
| Deferred charges and accrued income | 490/1 | €3,784 | €6,928 | +€3,144 | +83.1% |
| Total equity and liabilities | 10/49 | €113,179 | €343,902 | +€230,723 | +204% |
| Equity | 10/15 | €34,011 | €240,086 | +€206,074 | +606% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €130,860 | €221,486 | +€90,626 | +69.3% |
| Distributable reserves | 133 | €130,860 | €221,486 | +€90,626 | +69.3% |
| Profit (loss) carried forward | 14 | -€115,449 | €0 | +€115,449 | |
| Amounts payable | 17/49 | €79,168 | €103,816 | +€24,648 | +31.1% |
| Amounts payable within one year | 42/48 | €79,168 | €103,816 | +€24,648 | +31.1% |
| Trade debts | 44 | €29,337 | €4,654 | -€24,683 | -84.1% |
| Suppliers | 440/4 | €29,337 | €4,654 | -€24,683 | -84.1% |
| Taxes, remuneration and social security | 45 | €31,247 | €98,184 | +€66,937 | +214% |
| Taxes | 450/3 | €494 | €56,863 | +€56,369 | +11,402% |
| Remuneration and social security | 454/9 | €30,752 | €41,321 | +€10,568 | +34.4% |
| Other amounts payable | 47/48 | €18,584 | €979 | -€17,605 | -94.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €145,649 | €191,086 | +€45,437 | +31.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,077 | €8,959 | -€119 | -1.3% |
| Other operating charges | 640/8 | €3,883 | €6,308 | +€2,425 | +62.4% |
| Gross operating margin | 9900 | €106,176 | €506,754 | +€400,578 | +377% |
| Operating profit (loss) | 9901 | -€52,434 | €300,401 | +€352,835 | |
| Financial income | 75/76B | €0 | €41 | +€41 | |
| Recurring financial income | 75 | €0 | €41 | +€41 | |
| Financial charges | 65/66B | €182 | €2,506 | +€2,324 | +1,277% |
| Recurring financial charges | 65 | €182 | €2,506 | +€2,324 | +1,277% |
| Profit (loss) for the period before taxes | 9903 | -€52,616 | €297,936 | +€350,552 | |
| Income taxes | 67/77 | €588 | €91,862 | +€91,274 | +15,528% |
| Profit (loss) for the period | 9904 | -€53,203 | €206,074 | +€259,278 | |
| Profit (loss) for the period to be appropriated | 9905 | -€53,203 | €206,074 | +€259,278 |
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 31 October 2026 via checked.be.