Green Bar: what changed
Two fiscal 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.
Green Bar
Largest movements
- Cash -€2,317
down €2,317 (-4.4%), from €52,208 to €49,891
mainly Tax, wage and social debts (-€2,921) and Investment in fixed assets (net) (-€1,900)
- Stocks and contracts +€1,815
up €1,815 (+77.8%), from €2,334 to €4,149
- Receivables within one year +€1,523
new in 2025: €1,523
- Tangible fixed assets +€880
up €880 (+185.6%), from €474 to €1,355
of which Furniture and vehicles: +€1,100
- Profit (loss) carried forward +€5,656
up €5,656 (+15.0%), from €37,631 to €43,287
- Tax, wage and social debts -€2,921
down €2,921 (-29.8%), from €9,807 to €6,886
- Gross operating margin +€6,031
up €6,031 (+41.8%), from €14,424 to €20,455
- Other operating charges +€4,122
up €4,122 (+170.9%), from €2,412 to €6,534
- Taxes +€2,314
up €2,314 (+101.3%), from €2,286 to €4,600
- Depreciation +€600
up €600 (+142.8%), from €420 to €1,020
- Financial charges -€476
down €476 (-48.0%), from €991 to €515
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 | €58,016 | €60,387 | +€2,371 | +4.1% |
| Fixed assets | 21/28 | €3,474 | €4,355 | +€880 | +25.3% |
| Tangible fixed assets | 22/27 | €474 | €1,355 | +€880 | +185.6% |
| Furniture and vehicles | 24 | €182 | €1,282 | +€1,100 | +604.9% |
| Other tangible fixed assets | 26 | €292 | €72 | -€220 | -75.3% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €54,542 | €56,032 | +€1,490 | +2.7% |
| Stocks and contracts in progress | 3 | €2,334 | €4,149 | +€1,815 | +77.8% |
| Stocks | 30/36 | €2,334 | €4,149 | +€1,815 | +77.8% |
| Amounts receivable within one year | 40/41 | - | €1,523 | +€1,523 | |
| Other amounts receivable | 41 | - | €1,523 | +€1,523 | |
| Cash at bank and in hand | 54/58 | €52,208 | €49,891 | -€2,317 | -4.4% |
| Deferred charges and accrued income | 490/1 | - | €469 | +€469 | |
| Total equity and liabilities | 10/49 | €58,016 | €60,387 | +€2,371 | +4.1% |
| Equity | 10/15 | €40,631 | €46,287 | +€5,656 | +13.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,631 | €43,287 | +€5,656 | +15.0% |
| Amounts payable | 17/49 | €17,385 | €14,100 | -€3,285 | -18.9% |
| Amounts payable within one year | 42/48 | €17,385 | €14,100 | -€3,285 | -18.9% |
| Trade debts | 44 | €434 | €351 | -€83 | -19.2% |
| Suppliers | 440/4 | €434 | €351 | -€83 | -19.2% |
| Taxes, remuneration and social security | 45 | €9,807 | €6,886 | -€2,921 | -29.8% |
| Taxes | 450/3 | €9,807 | €6,886 | -€2,921 | -29.8% |
| Other amounts payable | 47/48 | €7,145 | €6,864 | -€281 | -3.9% |
| Remuneration, social security and pensions | 62 | €2,104 | €2,130 | +€26 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €420 | €1,020 | +€600 | +142.8% |
| Other operating charges | 640/8 | €2,412 | €6,534 | +€4,122 | +170.9% |
| Gross operating margin | 9900 | €14,424 | €20,455 | +€6,031 | +41.8% |
| Operating profit (loss) | 9901 | €9,488 | €10,771 | +€1,283 | +13.5% |
| Financial charges | 65/66B | €991 | €515 | -€476 | -48.0% |
| Recurring financial charges | 65 | €991 | €515 | -€476 | -48.0% |
| Profit (loss) for the period before taxes | 9903 | €8,497 | €10,256 | +€1,759 | +20.7% |
| Income taxes | 67/77 | €2,286 | €4,600 | +€2,314 | +101.3% |
| Profit (loss) for the period | 9904 | €6,212 | €5,656 | -€556 | -8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,212 | €5,656 | -€556 | -8.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.