IDEAS MADE VISUAL: 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.
IDEAS MADE VISUAL
Largest movements
- Current investments +€3,900
up €3,900 (+20.2%), from €19,286 to €23,186
- Receivables within one year +€2,872
up €2,872 (+7.9%), from €36,478 to €39,350
of which Trade receivables: +€3,691
- Cash -€2,210
down €2,210 (-4.8%), from €45,976 to €43,767
mainly Trade debts (-€7,094) and Current investments (-€3,900)
- Reserves +€8,425
up €8,425 (+29.5%), from €28,585 to €37,010
of which Distributable reserves: +€8,425
- Trade debts -€7,094
down €7,094 (-49.2%), from €14,406 to €7,312
- Other debts +€2,246
up €2,246 (+13.2%), from €16,975 to €19,221
- Gross operating margin +€2,732
up €2,732 (+36.4%), from €7,506 to €10,238
- Depreciation -€805
down €805 (-59.5%), from €1,353 to €548
- Taxes +€666
up €666 (+30.5%), from €2,181 to €2,847
- Financial income -€330
down €330 (-65.5%), from €504 to €174
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 | €103,492 | €107,506 | +€4,014 | +3.9% |
| Fixed assets | 21/28 | €1,752 | €1,204 | -€548 | -31.3% |
| Tangible fixed assets | 22/27 | €1,752 | €1,204 | -€548 | -31.3% |
| Furniture and vehicles | 24 | €1,752 | €1,204 | -€548 | -31.3% |
| Current assets | 29/58 | €101,740 | €106,303 | +€4,562 | +4.5% |
| Amounts receivable within one year | 40/41 | €36,478 | €39,350 | +€2,872 | +7.9% |
| Trade receivables | 40 | €35,648 | €39,340 | +€3,691 | +10.4% |
| Other amounts receivable | 41 | €830 | €11 | -€819 | -98.7% |
| Current investments | 50/53 | €19,286 | €23,186 | +€3,900 | +20.2% |
| Cash at bank and in hand | 54/58 | €45,976 | €43,767 | -€2,210 | -4.8% |
| Total equity and liabilities | 10/49 | €103,492 | €107,506 | +€4,014 | +3.9% |
| Equity | 10/15 | €58,488 | €66,913 | +€8,425 | +14.4% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €28,585 | €37,010 | +€8,425 | +29.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €26,725 | €35,150 | +€8,425 | +31.5% |
| Profit (loss) carried forward | 14 | €23,603 | €23,603 | = | 0.0% |
| Amounts payable | 17/49 | €45,004 | €40,593 | -€4,411 | -9.8% |
| Amounts payable within one year | 42/48 | €44,504 | €40,593 | -€3,911 | -8.8% |
| Trade debts | 44 | €14,406 | €7,312 | -€7,094 | -49.2% |
| Suppliers | 440/4 | €14,406 | €7,312 | -€7,094 | -49.2% |
| Advances received on contracts in progress | 46 | €4,776 | €4,776 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €8,347 | €9,284 | +€937 | +11.2% |
| Taxes | 450/3 | €6,343 | €7,171 | +€828 | +13.1% |
| Remuneration and social security | 454/9 | €2,004 | €2,113 | +€109 | +5.4% |
| Other amounts payable | 47/48 | €16,975 | €19,221 | +€2,246 | +13.2% |
| Accrued charges and deferred income | 492/3 | €500 | - | -€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,353 | €548 | -€805 | -59.5% |
| Gross operating margin | 9900 | €7,506 | €10,238 | +€2,732 | +36.4% |
| Operating profit (loss) | 9901 | €6,152 | €9,690 | +€3,538 | +57.5% |
| Financial income | 75/76B | €504 | €174 | -€330 | -65.5% |
| Recurring financial income | 75 | €504 | €174 | -€330 | -65.5% |
| Financial charges | 65/66B | €158 | €198 | +€40 | +25.3% |
| Recurring financial charges | 65 | €158 | €198 | +€40 | +25.3% |
| Profit (loss) for the period before taxes | 9903 | €6,498 | €9,666 | +€3,168 | +48.7% |
| Income taxes | 67/77 | €2,181 | €2,847 | +€666 | +30.5% |
| Profit (loss) for the period | 9904 | €4,317 | €6,819 | +€2,502 | +58.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,317 | €6,819 | +€2,502 | +58.0% |
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 3 October 2026 via checked.be.