IN MOTION: 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.
IN MOTION
Largest movements
- Cash +€13,163
up €13,163 (+13.7%), from €96,318 to €109,481
mainly Net result for the year (+€11,487) and Depreciation (+€2,839)
- Tangible fixed assets -€2,839
down €2,839 (-7.5%), from €38,069 to €35,229
of which Land and buildings: -€2,839
- Receivables within one year +€2,296
up €2,296 (+459.3%), from €500 to €2,796
of which Trade receivables: +€2,296
- Deferred charges and accrued income -€2,208
down €2,208 (-96.7%), from €2,285 to €76
- Reserves +€11,487
up €11,487 (+17.4%), from €66,187 to €77,674
of which Distributable reserves: +€11,487
- Tax, wage and social debts -€2,837
down €2,837 (-31.6%), from €8,984 to €6,147
- Gross operating margin +€15,062
up €15,062 (+195.8%), from €7,694 to €22,756
- Taxes +€5,552
up €5,552 (+1283.0%), from €433 to €5,985
- Other operating charges -€1,311
down €1,311 (-31.1%), from €4,222 to €2,911
- Financial income +€267
up €267 (+76.6%), from €349 to €616
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 | €137,171 | €147,584 | +€10,412 | +7.6% |
| Fixed assets | 21/28 | €38,069 | €35,229 | -€2,839 | -7.5% |
| Tangible fixed assets | 22/27 | €38,069 | €35,229 | -€2,839 | -7.5% |
| Land and buildings | 22 | €34,919 | €32,079 | -€2,839 | -8.1% |
| Furniture and vehicles | 24 | €3,150 | €3,150 | = | 0.0% |
| Current assets | 29/58 | €99,103 | €112,354 | +€13,252 | +13.4% |
| Amounts receivable within one year | 40/41 | €500 | €2,796 | +€2,296 | +459.3% |
| Trade receivables | 40 | - | €2,296 | +€2,296 | |
| Other amounts receivable | 41 | €500 | €500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €96,318 | €109,481 | +€13,163 | +13.7% |
| Deferred charges and accrued income | 490/1 | €2,285 | €76 | -€2,208 | -96.7% |
| Total equity and liabilities | 10/49 | €137,171 | €147,584 | +€10,412 | +7.6% |
| Equity | 10/15 | €128,187 | €139,674 | +€11,487 | +9.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €66,187 | €77,674 | +€11,487 | +17.4% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €59,987 | €71,474 | +€11,487 | +19.1% |
| Amounts payable | 17/49 | €8,984 | €7,909 | -€1,075 | -12.0% |
| Amounts payable within one year | 42/48 | €8,984 | €6,646 | -€2,338 | -26.0% |
| Trade debts | 44 | - | €500 | +€500 | |
| Suppliers | 440/4 | - | €500 | +€500 | |
| Taxes, remuneration and social security | 45 | €8,984 | €6,147 | -€2,837 | -31.6% |
| Taxes | 450/3 | €8,984 | €6,147 | -€2,837 | -31.6% |
| Accrued charges and deferred income | 492/3 | - | €1,263 | +€1,263 | |
| Non-recurring operating income | 76A | €1,653 | €0 | -€1,653 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,839 | €2,839 | = | 0.0% |
| Other operating charges | 640/8 | €4,222 | €2,911 | -€1,311 | -31.1% |
| Gross operating margin | 9900 | €7,694 | €22,756 | +€15,062 | +195.8% |
| Operating profit (loss) | 9901 | €632 | €17,006 | +€16,373 | +2589.3% |
| Financial income | 75/76B | €349 | €616 | +€267 | +76.6% |
| Recurring financial income | 75 | €349 | €616 | +€267 | +76.6% |
| Financial charges | 65/66B | €191 | €150 | -€41 | -21.4% |
| Recurring financial charges | 65 | €191 | €150 | -€41 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | €790 | €17,472 | +€16,682 | +2110.6% |
| Income taxes | 67/77 | €433 | €5,985 | +€5,552 | +1283.0% |
| Profit (loss) for the period | 9904 | €358 | €11,487 | +€11,129 | +3111.9% |
| Profit (loss) for the period to be appropriated | 9905 | €358 | €11,487 | +€11,129 | +3111.9% |
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 5 October 2026 via checked.be.