HOME VIEW: 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.
HOME VIEW
Largest movements
- Cash +€24,532
up €24,532 (+1041.3%), from €2,356 to €26,888
mainly Net result for the year (+€19,403) and Trade debts (+€7,530)
- Tangible fixed assets +€11,368
up €11,368 (+154.7%), from €7,350 to €18,717
of which Furniture and vehicles: +€11,604
- Reserves +€19,000
up €19,000 (+633.3%), from €3,000 to €22,000
- Trade debts +€7,530
up €7,530 (+3050.4%), from €247 to €7,777
- Tax, wage and social debts +€3,845
up €3,845 (+37.1%), from €10,363 to €14,207
- Other debts +€3,610
new in 2025: €3,610
- Short-term financial debts +€1,542
up €1,542 (+907.0%), from €170 to €1,712
- Purchases and services +€24,759
up €24,759 (+79.2%), from €31,264 to €56,022
- Gross operating margin +€23,250
up €23,250 (+296.1%), from €7,853 to €31,103
- Taxes +€4,923
up €4,923 (+418.3%), from €1,177 to €6,100
- Depreciation +€1,953
up €1,953 (+73.2%), from €2,669 to €4,622
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 | €17,001 | €52,929 | +€35,928 | +211.3% |
| Fixed assets | 21/28 | €7,350 | €18,717 | +€11,368 | +154.7% |
| Tangible fixed assets | 22/27 | €7,350 | €18,717 | +€11,368 | +154.7% |
| Plant, machinery and equipment | 23 | €2,005 | €1,769 | -€236 | -11.8% |
| Furniture and vehicles | 24 | €5,345 | €16,949 | +€11,604 | +217.1% |
| Current assets | 29/58 | €9,651 | €34,211 | +€24,560 | +254.5% |
| Amounts receivable within one year | 40/41 | €7,295 | €7,323 | +€28 | +0.4% |
| Trade receivables | 40 | - | €7,279 | +€7,279 | |
| Other amounts receivable | 41 | €7,295 | €44 | -€7,251 | -99.4% |
| Cash at bank and in hand | 54/58 | €2,356 | €26,888 | +€24,532 | +1041.3% |
| Total equity and liabilities | 10/49 | €17,001 | €52,929 | +€35,928 | +211.3% |
| Equity | 10/15 | €6,221 | €25,624 | +€19,403 | +311.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €3,000 | €22,000 | +€19,000 | +633.3% |
| Distributable reserves | 133 | €3,000 | €22,000 | +€19,000 | +633.3% |
| Profit (loss) carried forward | 14 | €221 | €624 | +€403 | +182.4% |
| Amounts payable | 17/49 | €10,780 | €27,305 | +€16,525 | +153.3% |
| Amounts payable within one year | 42/48 | €10,780 | €27,305 | +€16,525 | +153.3% |
| Financial debts | 43 | €170 | €1,712 | +€1,542 | +907.0% |
| Credit institutions | 430/8 | €170 | €1,712 | +€1,542 | +907.0% |
| Trade debts | 44 | €247 | €7,777 | +€7,530 | +3050.4% |
| Suppliers | 440/4 | €247 | €7,777 | +€7,530 | +3050.4% |
| Taxes, remuneration and social security | 45 | €10,363 | €14,207 | +€3,845 | +37.1% |
| Taxes | 450/3 | €10,363 | €14,207 | +€3,845 | +37.1% |
| Other amounts payable | 47/48 | - | €3,610 | +€3,610 | |
| Goods, raw materials, services and sundry goods | 60/61 | €31,264 | €56,022 | +€24,759 | +79.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,669 | €4,622 | +€1,953 | +73.2% |
| Other operating charges | 640/8 | €764 | €888 | +€123 | +16.1% |
| Gross operating margin | 9900 | €7,853 | €31,103 | +€23,250 | +296.1% |
| Operating profit (loss) | 9901 | €4,420 | €25,593 | +€21,173 | +479.1% |
| Financial charges | 65/66B | €102 | €90 | -€12 | -11.6% |
| Recurring financial charges | 65 | €102 | €90 | -€12 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | €4,317 | €25,503 | +€21,185 | +490.7% |
| Income taxes | 67/77 | €1,177 | €6,100 | +€4,923 | +418.3% |
| Profit (loss) for the period | 9904 | €3,140 | €19,403 | +€16,262 | +517.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,140 | €19,403 | +€16,262 | +517.8% |
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 5 October 2026 via checked.be.