GHOSTBUSTER: 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.
GHOSTBUSTER
Largest movements
- Cash +€14,991
up €14,991 (+23.3%), from €64,284 to €79,276
mainly Net result for the year (+€20,528) and Other debts (+€16,854)
- Receivables within one year -€5,568
down €5,568 (-26.4%), from €21,066 to €15,498
of which Other amounts receivable: -€5,334
- Tangible fixed assets -€2,240
down €2,240 (-3.9%), from €57,367 to €55,127
of which Furniture and vehicles: -€10,397
- Other debts +€16,854
up €16,854 (+1,646%), from €1,024 to €17,878
- Reserves -€8,619
down €8,619 (-7.2%), from €119,381 to €110,762
- Debts after one year -€4,043
down €4,043 (-66.5%), from €6,076 to €2,033
- Depreciation +€9,602
up €9,602 (+214%), from €4,478 to €14,080
- Gross operating margin +€7,502
up €7,502 (+18.6%), from €40,418 to €47,921
- Other operating charges +€4,204
up €4,204 (+634%), from €663 to €4,866
- Taxes +€1,754
up €1,754 (+27.0%), from €6,504 to €8,258
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 | €144,119 | €149,900 | +€5,782 | +4.0% |
| Fixed assets | 21/28 | €57,367 | €55,127 | -€2,240 | -3.9% |
| Tangible fixed assets | 22/27 | €57,367 | €55,127 | -€2,240 | -3.9% |
| Land and buildings | 22 | - | €8,585 | +€8,585 | |
| Plant, machinery and equipment | 23 | €427 | €0 | -€427 | -100% |
| Furniture and vehicles | 24 | €56,939 | €46,542 | -€10,397 | -18.3% |
| Current assets | 29/58 | €86,752 | €94,773 | +€8,021 | +9.2% |
| Amounts receivable within one year | 40/41 | €21,066 | €15,498 | -€5,568 | -26.4% |
| Trade receivables | 40 | €13,989 | €13,755 | -€234 | -1.7% |
| Other amounts receivable | 41 | €7,077 | €1,742 | -€5,334 | -75.4% |
| Cash at bank and in hand | 54/58 | €64,284 | €79,276 | +€14,991 | +23.3% |
| Deferred charges and accrued income | 490/1 | €1,402 | €0 | -€1,402 | -100% |
| Total equity and liabilities | 10/49 | €144,119 | €149,900 | +€5,782 | +4.0% |
| Equity | 10/15 | €120,381 | €111,762 | -€8,619 | -7.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €119,381 | €110,762 | -€8,619 | -7.2% |
| Distributable reserves | 133 | €119,381 | €110,762 | -€8,619 | -7.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €23,738 | €38,138 | +€14,400 | +60.7% |
| Amounts payable after more than one year | 17 | €6,076 | €2,033 | -€4,043 | -66.5% |
| Financial debts | 170/4 | €6,076 | €2,033 | -€4,043 | -66.5% |
| Amounts payable within one year | 42/48 | €17,662 | €36,106 | +€18,444 | +104% |
| Current portion of amounts payable after more than one year | 42 | €4,014 | €4,043 | +€29 | +0.7% |
| Trade debts | 44 | €1,695 | €1,768 | +€73 | +4.3% |
| Suppliers | 440/4 | €1,695 | €1,768 | +€73 | +4.3% |
| Taxes, remuneration and social security | 45 | €10,930 | €12,417 | +€1,487 | +13.6% |
| Taxes | 450/3 | €10,930 | €12,417 | +€1,487 | +13.6% |
| Other amounts payable | 47/48 | €1,024 | €17,878 | +€16,854 | +1,646% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,478 | €14,080 | +€9,602 | +214% |
| Other operating charges | 640/8 | €663 | €4,866 | +€4,204 | +634% |
| Non-recurring operating charges | 66A | €12,765 | €0 | -€12,765 | -100% |
| Gross operating margin | 9900 | €40,418 | €47,921 | +€7,502 | +18.6% |
| Operating profit (loss) | 9901 | €22,512 | €28,974 | +€6,462 | +28.7% |
| Financial income | 75/76B | €21 | €0 | -€20 | -99.2% |
| Recurring financial income | 75 | €21 | €0 | -€20 | -99.2% |
| Financial charges | 65/66B | €222 | €189 | -€34 | -15.1% |
| Recurring financial charges | 65 | €222 | €189 | -€34 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | €22,310 | €28,785 | +€6,475 | +29.0% |
| Income taxes | 67/77 | €6,504 | €8,258 | +€1,754 | +27.0% |
| Profit (loss) for the period | 9904 | €15,806 | €20,528 | +€4,721 | +29.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,806 | €20,528 | +€4,721 | +29.9% |
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 24 October 2026 via checked.be.