Improve-it: 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.
Improve-it
Largest movements
- Cash +€11,461
up €11,461 (+34.6%), from €33,160 to €44,621
mainly Net result for the year (+€48,770) and Other debts (+€6,700)
- Receivables within one year -€2,944
down €2,944 (-21.3%), from €13,806 to €10,862
of which Trade receivables: -€2,887
- Tangible fixed assets -€2,083
down €2,083 (-45.0%), from €4,630 to €2,547
of which Furniture and vehicles: -€1,834
- Other debts +€6,700
up €6,700 (+15.4%), from €43,456 to €50,156
- Gross operating margin +€9,190
up €9,190 (+16.6%), from €55,249 to €64,439
- Taxes +€1,726
up €1,726 (+15.1%), from €11,443 to €13,169
- Depreciation +€1,000
up €1,000 (+92.4%), from €1,083 to €2,083
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 | €53,954 | €60,403 | +€6,449 | +12.0% |
| Fixed assets | 21/28 | €4,780 | €2,697 | -€2,083 | -43.6% |
| Tangible fixed assets | 22/27 | €4,630 | €2,547 | -€2,083 | -45.0% |
| Furniture and vehicles | 24 | €2,945 | €1,110 | -€1,834 | -62.3% |
| Other tangible fixed assets | 26 | €1,685 | €1,436 | -€249 | -14.8% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €49,174 | €57,706 | +€8,532 | +17.4% |
| Amounts receivable within one year | 40/41 | €13,806 | €10,862 | -€2,944 | -21.3% |
| Trade receivables | 40 | €13,749 | €10,862 | -€2,887 | -21.0% |
| Other amounts receivable | 41 | €57 | - | -€57 | |
| Cash at bank and in hand | 54/58 | €33,160 | €44,621 | +€11,461 | +34.6% |
| Deferred charges and accrued income | 490/1 | €2,207 | €2,223 | +€16 | +0.7% |
| Total equity and liabilities | 10/49 | €53,954 | €60,403 | +€6,449 | +12.0% |
| Equity | 10/15 | €5,000 | €5,000 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable | 17/49 | €48,954 | €55,403 | +€6,449 | +13.2% |
| Amounts payable within one year | 42/48 | €48,954 | €55,403 | +€6,449 | +13.2% |
| Trade debts | 44 | €770 | €912 | +€142 | +18.5% |
| Suppliers | 440/4 | €770 | €912 | +€142 | +18.5% |
| Taxes, remuneration and social security | 45 | €4,728 | €4,334 | -€394 | -8.3% |
| Taxes | 450/3 | €4,728 | €4,334 | -€394 | -8.3% |
| Other amounts payable | 47/48 | €43,456 | €50,156 | +€6,700 | +15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,083 | €2,083 | +€1,000 | +92.4% |
| Other operating charges | 640/8 | €297 | €303 | +€6 | +2.2% |
| Gross operating margin | 9900 | €55,249 | €64,439 | +€9,190 | +16.6% |
| Operating profit (loss) | 9901 | €53,869 | €62,053 | +€8,183 | +15.2% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €240 | €113 | -€127 | -52.8% |
| Recurring financial charges | 65 | €240 | €113 | -€127 | -52.8% |
| Profit (loss) for the period before taxes | 9903 | €53,630 | €61,939 | +€8,310 | +15.5% |
| Income taxes | 67/77 | €11,443 | €13,169 | +€1,726 | +15.1% |
| Profit (loss) for the period | 9904 | €42,187 | €48,770 | +€6,583 | +15.6% |
| Profit (loss) for the period to be appropriated | 9905 | €42,187 | €48,770 | +€6,583 | +15.6% |
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 28 September 2026 via checked.be.