I SHOOT YOU: 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.
I SHOOT YOU
Largest movements
- Current investments +€10,333
up €10,333 (+17.1%), from €60,464 to €70,798
- Receivables within one year +€5,563
up €5,563 (+33.6%), from €16,539 to €22,102
- Tangible fixed assets -€3,901
down €3,901 (-7.5%), from €52,357 to €48,456
of which Furniture and vehicles: -€5,311
- Cash -€2,857
down €2,857 (-16.4%), from €17,374 to €14,518
mainly Current investments (-€10,333) and Other debts (-€8,366)
- Reserves +€13,015
up €13,015 (+11.4%), from €114,238 to €127,253
of which Distributable reserves: +€13,015
- Other debts -€8,366
down €8,366 (-47.5%), from €17,625 to €9,259
- Trade debts +€4,799
up €4,799 (+911%), from €527 to €5,326
- Gross operating margin -€2,188
down €2,188 (-6.6%), from €33,324 to €31,136
- Depreciation +€1,287
up €1,287 (+11.7%), from €10,957 to €12,243
- Financial charges -€855
down €855 (-77.1%), from €1,109 to €254
- Taxes -€647
down €647 (-10.7%), from €6,028 to €5,380
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 | €148,597 | €157,769 | +€9,172 | +6.2% |
| Fixed assets | 21/28 | €52,357 | €48,456 | -€3,901 | -7.5% |
| Tangible fixed assets | 22/27 | €52,357 | €48,456 | -€3,901 | -7.5% |
| Land and buildings | 22 | €1,258 | €693 | -€565 | -44.9% |
| Plant, machinery and equipment | 23 | €11,863 | €13,838 | +€1,975 | +16.6% |
| Furniture and vehicles | 24 | €39,235 | €33,925 | -€5,311 | -13.5% |
| Current assets | 29/58 | €96,241 | €109,313 | +€13,072 | +13.6% |
| Stocks and contracts in progress | 3 | €1,000 | €1,000 | = | 0.0% |
| Stocks | 30/36 | €1,000 | €1,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €16,539 | €22,102 | +€5,563 | +33.6% |
| Trade receivables | 40 | €16,539 | €22,102 | +€5,563 | +33.6% |
| Current investments | 50/53 | €60,464 | €70,798 | +€10,333 | +17.1% |
| Cash at bank and in hand | 54/58 | €17,374 | €14,518 | -€2,857 | -16.4% |
| Deferred charges and accrued income | 490/1 | €863 | €896 | +€33 | +3.8% |
| Total equity and liabilities | 10/49 | €148,597 | €157,769 | +€9,172 | +6.2% |
| Equity | 10/15 | €120,438 | €133,453 | +€13,015 | +10.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €114,238 | €127,253 | +€13,015 | +11.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €112,378 | €125,393 | +€13,015 | +11.6% |
| Amounts payable | 17/49 | €28,160 | €24,316 | -€3,844 | -13.7% |
| Amounts payable within one year | 42/48 | €28,000 | €23,953 | -€4,047 | -14.5% |
| Trade debts | 44 | €527 | €5,326 | +€4,799 | +911% |
| Suppliers | 440/4 | €527 | €5,326 | +€4,799 | +911% |
| Taxes, remuneration and social security | 45 | €9,848 | €9,368 | -€480 | -4.9% |
| Taxes | 450/3 | €9,848 | €9,368 | -€480 | -4.9% |
| Other amounts payable | 47/48 | €17,625 | €9,259 | -€8,366 | -47.5% |
| Accrued charges and deferred income | 492/3 | €160 | €363 | +€203 | +127% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,957 | €12,243 | +€1,287 | +11.7% |
| Other operating charges | 640/8 | €660 | €757 | +€97 | +14.7% |
| Gross operating margin | 9900 | €33,324 | €31,136 | -€2,188 | -6.6% |
| Operating profit (loss) | 9901 | €21,707 | €18,136 | -€3,571 | -16.5% |
| Financial income | 75/76B | €609 | €514 | -€95 | -15.6% |
| Recurring financial income | 75 | €609 | €514 | -€95 | -15.6% |
| Financial charges | 65/66B | €1,109 | €254 | -€855 | -77.1% |
| Recurring financial charges | 65 | €1,109 | €254 | -€855 | -77.1% |
| Profit (loss) for the period before taxes | 9903 | €21,207 | €18,396 | -€2,812 | -13.3% |
| Income taxes | 67/77 | €6,028 | €5,380 | -€647 | -10.7% |
| Profit (loss) for the period | 9904 | €15,180 | €13,015 | -€2,164 | -14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €15,180 | €13,015 | -€2,164 | -14.3% |
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 31 October 2026 via checked.be.