Happen: 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.
Happen
Largest movements
- Receivables within one year +€72,194
up €72,194 (+24389.8%), from €296 to €72,490
- Financial fixed assets -€43,400
down €43,400 (-57.2%), from €75,900 to €32,500
- Cash +€4,698
up €4,698 (+394.1%), from €1,192 to €5,889
mainly Investment in fixed assets (net) (+€43,400) and Tax, wage and social debts (+€28,628)
- Tax, wage and social debts +€28,628
new in 2025: €28,628
- Profit (loss) carried forward +€4,450
up €4,450 (+64.2%), from -€6,927 to -€2,477
- Gross operating margin +€62,617
up €62,617 (+18320.2%), from €342 to €62,959
- Taxes +€14,897
new in 2025: €14,897
- Financial income +€672
new in 2025: €672
- Financial charges -€649
down €649 (-88.5%), from €733 to €84
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 | €77,388 | €110,879 | +€33,491 | +43.3% |
| Fixed assets | 21/28 | €75,900 | €32,500 | -€43,400 | -57.2% |
| Financial fixed assets | 28 | €75,900 | €32,500 | -€43,400 | -57.2% |
| Current assets | 29/58 | €1,488 | €78,379 | +€76,891 | +5167.7% |
| Amounts receivable within one year | 40/41 | €296 | €72,490 | +€72,194 | +24389.8% |
| Trade receivables | 40 | €296 | €72,490 | +€72,194 | +24389.8% |
| Cash at bank and in hand | 54/58 | €1,192 | €5,889 | +€4,698 | +394.1% |
| Total equity and liabilities | 10/49 | €77,388 | €110,879 | +€33,491 | +43.3% |
| Equity | 10/15 | €1,133 | €5,583 | +€4,450 | +392.8% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,927 | -€2,477 | +€4,450 | +64.2% |
| Amounts payable | 17/49 | €76,255 | €105,296 | +€29,041 | +38.1% |
| Amounts payable within one year | 42/48 | €76,255 | €105,296 | +€29,041 | +38.1% |
| Trade debts | 44 | - | €38 | +€38 | |
| Suppliers | 440/4 | - | €38 | +€38 | |
| Taxes, remuneration and social security | 45 | - | €28,628 | +€28,628 | |
| Taxes | 450/3 | - | €28,628 | +€28,628 | |
| Other amounts payable | 47/48 | €76,255 | €76,630 | +€375 | +0.5% |
| Other operating charges | 640/8 | €535 | €801 | +€266 | +49.6% |
| Non-recurring operating charges | 66A | - | €43,399 | +€43,399 | |
| Gross operating margin | 9900 | €342 | €62,959 | +€62,617 | +18320.2% |
| Operating profit (loss) | 9901 | -€193 | €18,759 | +€18,952 | |
| Financial income | 75/76B | - | €672 | +€672 | |
| Recurring financial income | 75 | - | €672 | +€672 | |
| Financial charges | 65/66B | €733 | €84 | -€649 | -88.5% |
| Recurring financial charges | 65 | €733 | €84 | -€649 | -88.5% |
| Profit (loss) for the period before taxes | 9903 | -€926 | €19,347 | +€20,273 | |
| Income taxes | 67/77 | - | €14,897 | +€14,897 | |
| Profit (loss) for the period | 9904 | -€926 | €4,450 | +€5,376 | |
| Profit (loss) for the period to be appropriated | 9905 | -€926 | €4,450 | +€5,376 |
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.