I show You: what changed
I show You
Largest movements
- Cash +€130,220
up €130,220 (+49.4%), from €263,810 to €394,030
mainly Net result for the year (+€93,911) and Other debts (+€33,295)
- Receivables within one year -€24,048
down €24,048 (-75.5%), from €31,832 to €7,783
of which Trade receivables: -€27,065
- Tangible fixed assets -€13,641
down €13,641 (-41.1%), from €33,182 to €19,541
of which Furniture and vehicles: -€10,186
- Profit (loss) carried forward +€93,911
up €93,911 (+357,212%), from €26 to €93,937
- Other debts +€33,295
up €33,295 (+83.4%), from €39,922 to €73,217
- Tax, wage and social debts -€26,904
down €26,904 (-69.7%), from €38,618 to €11,714
of which Taxes: -€26,900
- Trade debts -€13,772
down €13,772 (-65.7%), from €20,970 to €7,198
- Accrued charges and deferred income +€4,957
up €4,957 (+17.2%), from €28,870 to €33,827
- Gross operating margin +€58,916
up €58,916 (+75.8%), from €77,691 to €136,607
- Taxes +€21,757
up €21,757 (+243%), from €8,951 to €30,709
- Financial income +€3,927
up €3,927 (+2,794%), from €141 to €4,068
- Other operating charges +€1,604
up €1,604 (+909%), from €177 to €1,781
- Depreciation -€1,566
down €1,566 (-9.9%), from €15,751 to €14,185
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €333,406 | €424,892 | +€91,487 | +27.4% |
| Fixed assets | 21/28 | €34,958 | €20,587 | -€14,370 | -41.1% |
| Intangible fixed assets | 21 | €1,775 | €1,046 | -€730 | -41.1% |
| Tangible fixed assets | 22/27 | €33,182 | €19,541 | -€13,641 | -41.1% |
| Plant, machinery and equipment | 23 | €6,589 | €3,134 | -€3,455 | -52.4% |
| Furniture and vehicles | 24 | €26,594 | €16,408 | -€10,186 | -38.3% |
| Current assets | 29/58 | €298,448 | €404,305 | +€105,857 | +35.5% |
| Amounts receivable within one year | 40/41 | €31,832 | €7,783 | -€24,048 | -75.5% |
| Trade receivables | 40 | €28,033 | €968 | -€27,065 | -96.5% |
| Other amounts receivable | 41 | €3,799 | €6,816 | +€3,017 | +79.4% |
| Cash at bank and in hand | 54/58 | €263,810 | €394,030 | +€130,220 | +49.4% |
| Deferred charges and accrued income | 490/1 | €2,806 | €2,492 | -€314 | -11.2% |
| Total equity and liabilities | 10/49 | €333,406 | €424,892 | +€91,487 | +27.4% |
| Equity | 10/15 | €205,026 | €298,937 | +€93,911 | +45.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €200,000 | €200,000 | = | 0.0% |
| Distributable reserves | 133 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26 | €93,937 | +€93,911 | +357,212% |
| Amounts payable | 17/49 | €128,379 | €125,955 | -€2,424 | -1.9% |
| Amounts payable within one year | 42/48 | €99,509 | €92,128 | -€7,381 | -7.4% |
| Trade debts | 44 | €20,970 | €7,198 | -€13,772 | -65.7% |
| Suppliers | 440/4 | €20,970 | €7,198 | -€13,772 | -65.7% |
| Taxes, remuneration and social security | 45 | €38,618 | €11,714 | -€26,904 | -69.7% |
| Taxes | 450/3 | €34,900 | €8,000 | -€26,900 | -77.1% |
| Remuneration and social security | 454/9 | €3,718 | €3,714 | -€4 | -0.1% |
| Other amounts payable | 47/48 | €39,922 | €73,217 | +€33,295 | +83.4% |
| Accrued charges and deferred income | 492/3 | €28,870 | €33,827 | +€4,957 | +17.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,751 | €14,185 | -€1,566 | -9.9% |
| Other operating charges | 640/8 | €177 | €1,781 | +€1,604 | +909% |
| Gross operating margin | 9900 | €77,691 | €136,607 | +€58,916 | +75.8% |
| Operating profit (loss) | 9901 | €61,763 | €120,642 | +€58,879 | +95.3% |
| Financial income | 75/76B | €141 | €4,068 | +€3,927 | +2,794% |
| Recurring financial income | 75 | €141 | €4,068 | +€3,927 | +2,794% |
| Financial charges | 65/66B | €950 | €90 | -€860 | -90.5% |
| Recurring financial charges | 65 | €152 | €90 | -€62 | -40.8% |
| Non-recurring financial charges | 66B | €798 | - | -€798 | |
| Profit (loss) for the period before taxes | 9903 | €60,954 | €124,620 | +€63,666 | +104% |
| Income taxes | 67/77 | €8,951 | €30,709 | +€21,757 | +243% |
| Profit (loss) for the period | 9904 | €52,003 | €93,911 | +€41,909 | +80.6% |
| Profit (loss) for the period to be appropriated | 9905 | €52,003 | €93,911 | +€41,909 | +80.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.