Impulses: 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.
Impulses
Largest movements
- Deferred charges and accrued income +€10,896
up €10,896 (+1,560%), from €699 to €11,595
- Cash +€7,968
up €7,968 (+69.3%), from €11,489 to €19,457
mainly Net result for the year (+€26,039) and Tax, wage and social debts (+€784)
- Tangible fixed assets +€3,692
up €3,692 (+172%), from €2,151 to €5,843
of which Furniture and vehicles: +€3,913
- Receivables within one year +€1,640
up €1,640 (+90.6%), from €1,812 to €3,452
- Profit (loss) carried forward +€25,206
up €25,206 (+576%), from €4,374 to €29,580
- Other debts -€1,400
down €1,400 (-70.6%), from €1,983 to €583
- Trade debts -€794
down €794 (-28.2%), from €2,814 to €2,020
- Tax, wage and social debts +€784
up €784 (+14.3%), from €5,479 to €6,263
- Gross operating margin +€28,697
up €28,697 (+392%), from €7,326 to €36,023
- Taxes +€5,587
up €5,587 (+331%), from €1,688 to €7,275
- Financial charges +€1,269
up €1,269 (+836%), from €152 to €1,421
- Depreciation +€712
up €712 (+1,292%), from €55 to €767
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 | €16,150 | €40,346 | +€24,196 | +150% |
| Fixed assets | 21/28 | €2,151 | €5,843 | +€3,692 | +172% |
| Tangible fixed assets | 22/27 | €2,151 | €5,843 | +€3,692 | +172% |
| Plant, machinery and equipment | 23 | €2,151 | €1,930 | -€221 | -10.3% |
| Furniture and vehicles | 24 | - | €3,913 | +€3,913 | |
| Current assets | 29/58 | €13,999 | €34,504 | +€20,504 | +146% |
| Amounts receivable within one year | 40/41 | €1,812 | €3,452 | +€1,640 | +90.6% |
| Other amounts receivable | 41 | €1,812 | €3,452 | +€1,640 | +90.6% |
| Cash at bank and in hand | 54/58 | €11,489 | €19,457 | +€7,968 | +69.3% |
| Deferred charges and accrued income | 490/1 | €699 | €11,595 | +€10,896 | +1,560% |
| Total equity and liabilities | 10/49 | €16,150 | €40,346 | +€24,196 | +150% |
| Equity | 10/15 | €5,874 | €31,080 | +€25,206 | +429% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,374 | €29,580 | +€25,206 | +576% |
| Amounts payable | 17/49 | €10,276 | €9,267 | -€1,009 | -9.8% |
| Amounts payable within one year | 42/48 | €10,276 | €8,866 | -€1,410 | -13.7% |
| Trade debts | 44 | €2,814 | €2,020 | -€794 | -28.2% |
| Suppliers | 440/4 | €2,814 | €2,020 | -€794 | -28.2% |
| Taxes, remuneration and social security | 45 | €5,479 | €6,263 | +€784 | +14.3% |
| Taxes | 450/3 | €5,479 | €6,263 | +€784 | +14.3% |
| Other amounts payable | 47/48 | €1,983 | €583 | -€1,400 | -70.6% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Remuneration, social security and pensions | 62 | €54 | €258 | +€204 | +380% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55 | €767 | +€712 | +1,292% |
| Other operating charges | 640/8 | €144 | €264 | +€120 | +83.0% |
| Gross operating margin | 9900 | €7,326 | €36,023 | +€28,697 | +392% |
| Operating profit (loss) | 9901 | €7,073 | €34,734 | +€27,660 | +391% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €152 | €1,421 | +€1,269 | +836% |
| Recurring financial charges | 65 | €152 | €1,421 | +€1,269 | +836% |
| Profit (loss) for the period before taxes | 9903 | €6,921 | €33,314 | +€26,393 | +381% |
| Income taxes | 67/77 | €1,688 | €7,275 | +€5,587 | +331% |
| Profit (loss) for the period | 9904 | €5,233 | €26,039 | +€20,806 | +398% |
| Profit (loss) for the period to be appropriated | 9905 | €5,233 | €26,039 | +€20,806 | +398% |
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 13 October 2026 via checked.be.