IN-SIDE: 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-SIDE
Largest movements
- Receivables after one year +€40,000
up €40,000 (+160.0%), from €25,000 to €65,000
- Cash +€29,679
up €29,679 (+3172.1%), from €936 to €30,614
mainly Net result for the year (+€32,905) and Trade debts (+€20,321)
- Receivables within one year -€18,092
down €18,092 (-6.7%), from €270,794 to €252,702
of which Trade receivables: -€16,007
- Stocks and contracts +€5,265
up €5,265 (+35.5%), from €14,815 to €20,080
- Reserves +€32,905
up €32,905 (+20.9%), from €157,152 to €190,057
of which Distributable reserves: +€32,905
- Trade debts +€20,321
up €20,321 (+11.3%), from €179,538 to €199,859
- Tax, wage and social debts +€6,917
up €6,917 (+67.2%), from €10,295 to €17,212
of which Taxes: +€7,753
- Gross operating margin +€68,518
up €68,518 (+121.0%), from €56,649 to €125,167
- Staff costs +€41,284
up €41,284 (+241.0%), from €17,131 to €58,415
- Taxes +€7,670
up €7,670 (+105.1%), from €7,297 to €14,966
- Financial charges -€2,426
down €2,426 (-33.7%), from €7,196 to €4,769
- Depreciation +€1,319
up €1,319 (+11.1%), from €11,904 to €13,223
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 | €353,185 | €413,328 | +€60,143 | +17.0% |
| Fixed assets | 21/28 | €39,458 | €41,611 | +€2,153 | +5.5% |
| Tangible fixed assets | 22/27 | €39,093 | €41,246 | +€2,153 | +5.5% |
| Plant, machinery and equipment | 23 | €7,388 | €10,180 | +€2,792 | +37.8% |
| Furniture and vehicles | 24 | €1,704 | €6,816 | +€5,112 | +300.1% |
| Other tangible fixed assets | 26 | €30,002 | €24,250 | -€5,751 | -19.2% |
| Financial fixed assets | 28 | €365 | €365 | = | 0.0% |
| Current assets | 29/58 | €313,726 | €371,717 | +€57,990 | +18.5% |
| Amounts receivable after more than one year | 29 | €25,000 | €65,000 | +€40,000 | +160.0% |
| Other amounts receivable | 291 | €25,000 | €65,000 | +€40,000 | +160.0% |
| Stocks and contracts in progress | 3 | €14,815 | €20,080 | +€5,265 | +35.5% |
| Stocks | 30/36 | €14,815 | €20,080 | +€5,265 | +35.5% |
| Amounts receivable within one year | 40/41 | €270,794 | €252,702 | -€18,092 | -6.7% |
| Trade receivables | 40 | €263,349 | €247,342 | -€16,007 | -6.1% |
| Other amounts receivable | 41 | €7,445 | €5,359 | -€2,086 | -28.0% |
| Cash at bank and in hand | 54/58 | €936 | €30,614 | +€29,679 | +3172.1% |
| Deferred charges and accrued income | 490/1 | €2,182 | €3,321 | +€1,139 | +52.2% |
| Total equity and liabilities | 10/49 | €353,185 | €413,328 | +€60,143 | +17.0% |
| Equity | 10/15 | €163,352 | €196,257 | +€32,905 | +20.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €157,152 | €190,057 | +€32,905 | +20.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €16,750 | €16,750 | = | 0.0% |
| Distributable reserves | 133 | €138,542 | €171,447 | +€32,905 | +23.8% |
| Amounts payable | 17/49 | €189,833 | €217,071 | +€27,238 | +14.3% |
| Amounts payable within one year | 42/48 | €189,833 | €217,071 | +€27,238 | +14.3% |
| Trade debts | 44 | €179,538 | €199,859 | +€20,321 | +11.3% |
| Suppliers | 440/4 | €179,538 | €199,859 | +€20,321 | +11.3% |
| Taxes, remuneration and social security | 45 | €10,295 | €17,212 | +€6,917 | +67.2% |
| Taxes | 450/3 | €7,213 | €14,966 | +€7,753 | +107.5% |
| Remuneration and social security | 454/9 | €3,082 | €2,246 | -€837 | -27.1% |
| Remuneration, social security and pensions | 62 | €17,131 | €58,415 | +€41,284 | +241.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,904 | €13,223 | +€1,319 | +11.1% |
| Other operating charges | 640/8 | €1,141 | €2,401 | +€1,260 | +110.5% |
| Gross operating margin | 9900 | €56,649 | €125,167 | +€68,518 | +121.0% |
| Operating profit (loss) | 9901 | €26,473 | €51,127 | +€24,654 | +93.1% |
| Financial income | 75/76B | €734 | €1,513 | +€780 | +106.3% |
| Recurring financial income | 75 | €734 | €1,513 | +€780 | +106.3% |
| Financial charges | 65/66B | €7,196 | €4,769 | -€2,426 | -33.7% |
| Recurring financial charges | 65 | €7,196 | €4,769 | -€2,426 | -33.7% |
| Profit (loss) for the period before taxes | 9903 | €20,011 | €47,872 | +€27,861 | +139.2% |
| Income taxes | 67/77 | €7,297 | €14,966 | +€7,670 | +105.1% |
| Profit (loss) for the period | 9904 | €12,714 | €32,905 | +€20,191 | +158.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,714 | €32,905 | +€20,191 | +158.8% |
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 4 October 2026 via checked.be.