GRAPHIC.LINE: 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.
GRAPHIC.LINE
Largest movements
- Receivables within one year +€4,604
up €4,604 (+322.5%), from €1,427 to €6,031
- Tangible fixed assets +€1,804
up €1,804 (+707.1%), from €255 to €2,059
- Cash +€1,624
up €1,624 (+1.4%), from €113,360 to €114,985
mainly Net result for the year (+€5,435) and Tax, wage and social debts (+€2,165)
- Reserves +€5,435
up €5,435 (+27.1%), from €20,054 to €25,489
of which Distributable reserves: +€5,435
- Tax, wage and social debts +€2,165
up €2,165 (+39.4%), from €5,496 to €7,662
- Gross operating margin -€3,019
down €3,019 (-23.2%), from €13,021 to €10,002
- Taxes -€964
down €964 (-23.6%), from €4,079 to €3,115
- Financial charges -€900
down €900 (-65.9%), from €1,366 to €466
- Other operating charges +€722
up €722 (+130.4%), from €554 to €1,276
- Financial income -€188
down €188 (-26.3%), from €717 to €529
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.
Cash bridge derived
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 | €115,382 | €123,255 | +€7,874 | +6.8% |
| Fixed assets | 21/28 | €255 | €2,059 | +€1,804 | +707.1% |
| Tangible fixed assets | 22/27 | €255 | €2,059 | +€1,804 | +707.1% |
| Furniture and vehicles | 24 | €255 | €2,059 | +€1,804 | +707.1% |
| Current assets | 29/58 | €115,127 | €121,196 | +€6,070 | +5.3% |
| Amounts receivable within one year | 40/41 | €1,427 | €6,031 | +€4,604 | +322.5% |
| Trade receivables | 40 | €1,427 | €6,031 | +€4,604 | +322.5% |
| Cash at bank and in hand | 54/58 | €113,360 | €114,985 | +€1,624 | +1.4% |
| Deferred charges and accrued income | 490/1 | €339 | €180 | -€159 | -46.8% |
| Total equity and liabilities | 10/49 | €115,382 | €123,255 | +€7,874 | +6.8% |
| Equity | 10/15 | €82,532 | €87,967 | +€5,435 | +6.6% |
| Contributions | 10/11 | €54,800 | €54,800 | = | 0.0% |
| Reserves | 13 | €20,054 | €25,489 | +€5,435 | +27.1% |
| Non-distributable reserves | 130/1 | €2,081 | €2,081 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,081 | €2,081 | = | 0.0% |
| Distributable reserves | 133 | €17,973 | €23,408 | +€5,435 | +30.2% |
| Profit (loss) carried forward | 14 | €7,678 | €7,678 | = | 0.0% |
| Amounts payable | 17/49 | €32,850 | €35,288 | +€2,438 | +7.4% |
| Amounts payable within one year | 42/48 | €32,850 | €35,288 | +€2,438 | +7.4% |
| Trade debts | 44 | €2,190 | €2,046 | -€144 | -6.6% |
| Suppliers | 440/4 | €2,190 | €2,046 | -€144 | -6.6% |
| Taxes, remuneration and social security | 45 | €5,496 | €7,662 | +€2,165 | +39.4% |
| Taxes | 450/3 | €5,496 | €7,662 | +€2,165 | +39.4% |
| Other amounts payable | 47/48 | €25,164 | €25,580 | +€417 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €213 | €239 | +€26 | +12.3% |
| Other operating charges | 640/8 | €554 | €1,276 | +€722 | +130.4% |
| Gross operating margin | 9900 | €13,021 | €10,002 | -€3,019 | -23.2% |
| Operating profit (loss) | 9901 | €12,255 | €8,487 | -€3,767 | -30.7% |
| Financial income | 75/76B | €717 | €529 | -€188 | -26.3% |
| Recurring financial income | 75 | €717 | €529 | -€188 | -26.3% |
| Financial charges | 65/66B | €1,366 | €466 | -€900 | -65.9% |
| Recurring financial charges | 65 | €1,366 | €466 | -€900 | -65.9% |
| Profit (loss) for the period before taxes | 9903 | €11,606 | €8,550 | -€3,055 | -26.3% |
| Income taxes | 67/77 | €4,079 | €3,115 | -€964 | -23.6% |
| Profit (loss) for the period | 9904 | €7,526 | €5,435 | -€2,091 | -27.8% |
| Profit (loss) for the period to be appropriated | 9905 | €7,526 | €5,435 | -€2,091 | -27.8% |
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 9 October 2026 via checked.be.