HIS WAY: 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.
HIS WAY
Largest movements
- Receivables within one year +€18,869
up €18,869 (+79.8%), from €23,660 to €42,528
of which Trade receivables: +€16,227
- Cash -€6,887
down €6,887 (-74.3%), from €9,274 to €2,388
mainly Receivables within one year (-€18,869) and Tax, wage and social debts (-€1,439)
- Tangible fixed assets -€772
down €772 (-100.0%), from €772 to €0
- Profit (loss) carried forward +€13,546
up €13,546, from -€1,764 to €11,782
- Tax, wage and social debts -€1,439
down €1,439 (-9.6%), from €14,943 to €13,504
- Trade debts -€823
down €823 (-52.8%), from €1,559 to €736
- Taxes +€1,067
up €1,067 (+12.9%), from €8,267 to €9,334
- Financial income -€750
down €750 (-50.3%), from €1,492 to €742
of which Financial income: -€933
- Gross operating margin -€437
down €437 (-1.8%), from €23,999 to €23,563
- Other operating charges +€400
new in 2025: €400
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 | €35,198 | €46,482 | +€11,285 | +32.1% |
| Fixed assets | 21/28 | €772 | €0 | -€772 | -100.0% |
| Tangible fixed assets | 22/27 | €772 | €0 | -€772 | -100.0% |
| Furniture and vehicles | 24 | €772 | €0 | -€772 | -100.0% |
| Current assets | 29/58 | €34,425 | €46,482 | +€12,057 | +35.0% |
| Amounts receivable within one year | 40/41 | €23,660 | €42,528 | +€18,869 | +79.8% |
| Trade receivables | 40 | €13,536 | €29,763 | +€16,227 | +120% |
| Other amounts receivable | 41 | €10,123 | €12,765 | +€2,642 | +26.1% |
| Cash at bank and in hand | 54/58 | €9,274 | €2,388 | -€6,887 | -74.3% |
| Deferred charges and accrued income | 490/1 | €1,492 | €1,567 | +€75 | +5.0% |
| Total equity and liabilities | 10/49 | €35,198 | €46,482 | +€11,285 | +32.1% |
| Equity | 10/15 | €18,696 | €32,242 | +€13,546 | +72.5% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Contributions outside capital | 11 | €20,460 | €20,460 | = | 0.0% |
| Other | 1109/19 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,764 | €11,782 | +€13,546 | |
| Amounts payable | 17/49 | €16,502 | €14,240 | -€2,262 | -13.7% |
| Amounts payable within one year | 42/48 | €16,502 | €14,240 | -€2,262 | -13.7% |
| Trade debts | 44 | €1,559 | €736 | -€823 | -52.8% |
| Suppliers | 440/4 | €1,559 | €736 | -€823 | -52.8% |
| Taxes, remuneration and social security | 45 | €14,943 | €13,504 | -€1,439 | -9.6% |
| Taxes | 450/3 | €14,943 | €13,504 | -€1,439 | -9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €772 | €772 | -€0 | 0.0% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €23,999 | €23,563 | -€437 | -1.8% |
| Operating profit (loss) | 9901 | €23,227 | €22,391 | -€836 | -3.6% |
| Financial income | 75/76B | €1,492 | €742 | -€750 | -50.3% |
| Recurring financial income | 75 | €1,492 | €559 | -€933 | -62.6% |
| Non-recurring financial income | 76B | - | €183 | +€183 | |
| Financial charges | 65/66B | €229 | €252 | +€24 | +10.4% |
| Recurring financial charges | 65 | €229 | €252 | +€24 | +10.4% |
| Profit (loss) for the period before taxes | 9903 | €24,490 | €22,880 | -€1,610 | -6.6% |
| Income taxes | 67/77 | €8,267 | €9,334 | +€1,067 | +12.9% |
| Profit (loss) for the period | 9904 | €16,223 | €13,546 | -€2,676 | -16.5% |
| Profit (loss) for the period to be appropriated | 9905 | €16,223 | €13,546 | -€2,676 | -16.5% |
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 23 October 2026 via checked.be.