GET BACK UP: 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.
GET BACK UP
Largest movements
- Cash +€34,446
up €34,446 (+149%), from €23,187 to €57,633
mainly Depreciation (+€24,574) and Net result for the year (+€20,137)
- Tangible fixed assets -€21,574
down €21,574 (-24.3%), from €88,958 to €67,384
of which Furniture and vehicles: -€14,722
- Reserves +€20,137
up €20,137 (+43.9%), from €45,903 to €66,040
- Debts after one year -€7,376
down €7,376 (-23.7%), from €31,072 to €23,696
- Tax, wage and social debts +€3,117
up €3,117 (+666%), from €468 to €3,586
of which Taxes: +€1,840
- Current portion of long-term debt -€2,838
down €2,838 (-27.8%), from €10,215 to €7,376
- Other debts -€1,807
down €1,807 (-63.3%), from €2,856 to €1,050
- Gross operating margin +€24,252
up €24,252 (+80.0%), from €30,308 to €54,559
- Taxes +€5,523
up €5,523 (+624%), from €885 to €6,408
- Financial charges -€693
down €693 (-20.1%), from €3,449 to €2,756
- Depreciation -€546
down €546 (-2.2%), from €25,120 to €24,574
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 | €117,026 | €129,044 | +€12,017 | +10.3% |
| Fixed assets | 21/28 | €88,958 | €67,384 | -€21,574 | -24.3% |
| Tangible fixed assets | 22/27 | €88,958 | €67,384 | -€21,574 | -24.3% |
| Land and buildings | 22 | €29,865 | €23,776 | -€6,090 | -20.4% |
| Plant, machinery and equipment | 23 | €6,433 | €5,671 | -€762 | -11.8% |
| Furniture and vehicles | 24 | €52,660 | €37,938 | -€14,722 | -28.0% |
| Current assets | 29/58 | €28,068 | €61,659 | +€33,591 | +120% |
| Amounts receivable within one year | 40/41 | €4,137 | €4,026 | -€111 | -2.7% |
| Other amounts receivable | 41 | €4,137 | €4,026 | -€111 | -2.7% |
| Cash at bank and in hand | 54/58 | €23,187 | €57,633 | +€34,446 | +149% |
| Deferred charges and accrued income | 490/1 | €744 | - | -€744 | |
| Total equity and liabilities | 10/49 | €117,026 | €129,044 | +€12,017 | +10.3% |
| Equity | 10/15 | €64,503 | €84,640 | +€20,137 | +31.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €45,903 | €66,040 | +€20,137 | +43.9% |
| Distributable reserves | 133 | €45,903 | €66,040 | +€20,137 | +43.9% |
| Amounts payable | 17/49 | €52,523 | €44,404 | -€8,119 | -15.5% |
| Amounts payable after more than one year | 17 | €31,072 | €23,696 | -€7,376 | -23.7% |
| Financial debts | 170/4 | €31,072 | €23,696 | -€7,376 | -23.7% |
| Amounts payable within one year | 42/48 | €16,020 | €13,573 | -€2,447 | -15.3% |
| Current portion of amounts payable after more than one year | 42 | €10,215 | €7,376 | -€2,838 | -27.8% |
| Trade debts | 44 | €2,481 | €1,562 | -€919 | -37.1% |
| Suppliers | 440/4 | €2,481 | €1,562 | -€919 | -37.1% |
| Taxes, remuneration and social security | 45 | €468 | €3,586 | +€3,117 | +666% |
| Taxes | 450/3 | €468 | €2,308 | +€1,840 | +393% |
| Remuneration and social security | 454/9 | - | €1,278 | +€1,278 | |
| Other amounts payable | 47/48 | €2,856 | €1,050 | -€1,807 | -63.3% |
| Accrued charges and deferred income | 492/3 | €5,431 | €7,135 | +€1,704 | +31.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,120 | €24,574 | -€546 | -2.2% |
| Other operating charges | 640/8 | €617 | €687 | +€69 | +11.2% |
| Gross operating margin | 9900 | €30,308 | €54,559 | +€24,252 | +80.0% |
| Operating profit (loss) | 9901 | €4,571 | €29,299 | +€24,729 | +541% |
| Financial income | 75/76B | €48 | €1 | -€46 | -97.3% |
| Recurring financial income | 75 | €48 | €1 | -€46 | -97.3% |
| Financial charges | 65/66B | €3,449 | €2,756 | -€693 | -20.1% |
| Recurring financial charges | 65 | €3,449 | €2,756 | -€693 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | €1,169 | €26,544 | +€25,375 | +2,171% |
| Income taxes | 67/77 | €885 | €6,408 | +€5,523 | +624% |
| Profit (loss) for the period | 9904 | €284 | €20,137 | +€19,853 | +6,993% |
| Profit (loss) for the period to be appropriated | 9905 | €284 | €20,137 | +€19,853 | +6,993% |
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.