HISTORIES: 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.
HISTORIES
Largest movements
- Cash +€78,927
up €78,927 (+9.4%), from €839,253 to €918,180
mainly Tax, wage and social debts (+€69,819) and Net result for the year (+€24,983)
- Tax, wage and social debts +€69,819
up €69,819 (+55.0%), from €127,016 to €196,836
of which Remuneration and social security: +€67,649
- Profit (loss) carried forward +€24,983
up €24,983 (+3.0%), from €824,375 to €849,358
- Staff costs +€133,972
up €133,972 (+12.3%), from €1.1m to €1.2m
- Gross operating margin +€60,634
up €60,634 (+5.1%), from €1.2m to €1.2m
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 | €966,341 | €1,054,299 | +€87,958 | +9.1% |
| Current assets | 29/58 | €966,341 | €1,054,299 | +€87,958 | +9.1% |
| Amounts receivable within one year | 40/41 | €121,946 | €130,806 | +€8,860 | +7.3% |
| Trade receivables | 40 | €133 | €86 | -€47 | -35.5% |
| Other amounts receivable | 41 | €121,812 | €130,720 | +€8,908 | +7.3% |
| Cash at bank and in hand | 54/58 | €839,253 | €918,180 | +€78,927 | +9.4% |
| Deferred charges and accrued income | 490/1 | €5,143 | €5,313 | +€170 | +3.3% |
| Total equity and liabilities | 10/49 | €966,341 | €1,054,299 | +€87,958 | +9.1% |
| Equity | 10/15 | €824,375 | €849,358 | +€24,983 | +3.0% |
| Profit (loss) carried forward | 14 | €824,375 | €849,358 | +€24,983 | +3.0% |
| Amounts payable | 17/49 | €141,967 | €204,941 | +€62,975 | +44.4% |
| Amounts payable within one year | 42/48 | €141,967 | €204,941 | +€62,975 | +44.4% |
| Trade debts | 44 | €14,950 | €8,105 | -€6,845 | -45.8% |
| Suppliers | 440/4 | €14,950 | €8,105 | -€6,845 | -45.8% |
| Taxes, remuneration and social security | 45 | €127,016 | €196,836 | +€69,819 | +55.0% |
| Taxes | 450/3 | €29,135 | €31,305 | +€2,171 | +7.5% |
| Remuneration and social security | 454/9 | €97,882 | €165,530 | +€67,649 | +69.1% |
| Remuneration, social security and pensions | 62 | €1,088,031 | €1,222,003 | +€133,972 | +12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,293 | - | -€2,293 | |
| Other operating charges | 640/8 | €158 | €163 | +€5 | +3.2% |
| Non-recurring operating charges | 66A | - | €10 | +€10 | |
| Gross operating margin | 9900 | €1,186,885 | €1,247,519 | +€60,634 | +5.1% |
| Operating profit (loss) | 9901 | €96,403 | €25,343 | -€71,059 | -73.7% |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €379 | €360 | -€19 | -5.1% |
| Recurring financial charges | 65 | €379 | €360 | -€19 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | €96,029 | €24,983 | -€71,045 | -74.0% |
| Profit (loss) for the period | 9904 | €96,029 | €24,983 | -€71,045 | -74.0% |
| Profit (loss) for the period to be appropriated | 9905 | €96,029 | €24,983 | -€71,045 | -74.0% |
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 24 October 2026 via checked.be.