GUIDELINE SOLUTIONS: 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.
GUIDELINE SOLUTIONS
Largest movements
- Cash +€57,747
up €57,747 (+62.8%), from €92,012 to €149,759
mainly Net result for the year (+€62,203) and Tax, wage and social debts (+€15,999)
- Tangible fixed assets +€12,900
up €12,900 (+14.9%), from €86,488 to €99,387
of which Land and buildings: +€18,103
- Receivables within one year +€10,259
up €10,259 (+26.1%), from €39,264 to €49,523
of which Trade receivables: +€8,470
- Reserves +€60,537
up €60,537 (+42.4%), from €142,896 to €203,433
- Tax, wage and social debts +€15,999
up €15,999 (+238%), from €6,712 to €22,711
- Gross operating margin +€65,016
up €65,016 (+170%), from €38,272 to €103,288
- Taxes +€18,332
up €18,332 (+273%), from €6,706 to €25,038
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 | €219,185 | €300,375 | +€81,190 | +37.0% |
| Fixed assets | 21/28 | €86,613 | €99,512 | +€12,900 | +14.9% |
| Tangible fixed assets | 22/27 | €86,488 | €99,387 | +€12,900 | +14.9% |
| Land and buildings | 22 | €76,626 | €94,728 | +€18,103 | +23.6% |
| Plant, machinery and equipment | 23 | €3,563 | €3,189 | -€375 | -10.5% |
| Furniture and vehicles | 24 | €6,299 | €1,470 | -€4,829 | -76.7% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €132,572 | €200,863 | +€68,291 | +51.5% |
| Amounts receivable within one year | 40/41 | €39,264 | €49,523 | +€10,259 | +26.1% |
| Trade receivables | 40 | €35,090 | €43,560 | +€8,470 | +24.1% |
| Other amounts receivable | 41 | €4,174 | €5,963 | +€1,789 | +42.8% |
| Cash at bank and in hand | 54/58 | €92,012 | €149,759 | +€57,747 | +62.8% |
| Deferred charges and accrued income | 490/1 | €1,295 | €1,581 | +€285 | +22.0% |
| Total equity and liabilities | 10/49 | €219,185 | €300,375 | +€81,190 | +37.0% |
| Equity | 10/15 | €161,496 | €222,033 | +€60,537 | +37.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €142,896 | €203,433 | +€60,537 | +42.4% |
| Distributable reserves | 133 | €142,896 | €203,433 | +€60,537 | +42.4% |
| Amounts payable | 17/49 | €57,689 | €78,342 | +€20,654 | +35.8% |
| Amounts payable within one year | 42/48 | €57,689 | €78,342 | +€20,654 | +35.8% |
| Financial debts | 43 | €148 | €178 | +€30 | +20.3% |
| Credit institutions | 430/8 | €148 | €178 | +€30 | +20.3% |
| Trade debts | 44 | €2,990 | €4,761 | +€1,771 | +59.2% |
| Suppliers | 440/4 | €2,990 | €4,761 | +€1,771 | +59.2% |
| Taxes, remuneration and social security | 45 | €6,712 | €22,711 | +€15,999 | +238% |
| Taxes | 450/3 | €6,712 | €22,711 | +€15,999 | +238% |
| Other amounts payable | 47/48 | €47,838 | €50,692 | +€2,854 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,795 | €11,305 | +€510 | +4.7% |
| Other operating charges | 640/8 | €1,238 | €1,352 | +€114 | +9.2% |
| Gross operating margin | 9900 | €38,272 | €103,288 | +€65,016 | +170% |
| Operating profit (loss) | 9901 | €26,240 | €90,631 | +€64,391 | +245% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,627 | €3,391 | -€236 | -6.5% |
| Recurring financial charges | 65 | €3,627 | €3,391 | -€236 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | €22,613 | €87,241 | +€64,628 | +286% |
| Income taxes | 67/77 | €6,706 | €25,038 | +€18,332 | +273% |
| Profit (loss) for the period | 9904 | €15,907 | €62,203 | +€46,296 | +291% |
| Profit (loss) for the period to be appropriated | 9905 | €15,907 | €62,203 | +€46,296 | +291% |
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 17 October 2026 via checked.be.