Incognito 007: 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.
Incognito 007
Largest movements
- Cash +€28,728
up €28,728 (+9.1%), from €314,417 to €343,145
mainly Depreciation (+€24,213) and Net result for the year (+€6,449)
- Tangible fixed assets -€24,213
down €24,213 (-33.3%), from €72,640 to €48,426
- Reserves +€6,449
up €6,449 (+1.7%), from €386,661 to €393,110
- Gross operating margin -€12,995
down €12,995 (-27.6%), from €47,078 to €34,083
- Taxes -€2,607
down €2,607 (-51.0%), from €5,114 to €2,507
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 | €581,601 | €585,791 | +€4,190 | +0.7% |
| Fixed assets | 21/28 | €72,640 | €48,426 | -€24,213 | -33.3% |
| Tangible fixed assets | 22/27 | €72,640 | €48,426 | -€24,213 | -33.3% |
| Furniture and vehicles | 24 | €72,640 | €48,426 | -€24,213 | -33.3% |
| Current assets | 29/58 | €508,962 | €537,364 | +€28,403 | +5.6% |
| Stocks and contracts in progress | 3 | €179,750 | €179,750 | = | 0.0% |
| Stocks | 30/36 | €179,750 | €179,750 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €14,795 | €14,470 | -€325 | -2.2% |
| Other amounts receivable | 41 | €14,795 | €14,470 | -€325 | -2.2% |
| Cash at bank and in hand | 54/58 | €314,417 | €343,145 | +€28,728 | +9.1% |
| Total equity and liabilities | 10/49 | €581,601 | €585,791 | +€4,190 | +0.7% |
| Equity | 10/15 | €569,161 | €575,610 | +€6,449 | +1.1% |
| Contributions | 10/11 | €182,500 | €182,500 | = | 0.0% |
| Reserves | 13 | €386,661 | €393,110 | +€6,449 | +1.7% |
| Distributable reserves | 133 | €386,661 | €393,110 | +€6,449 | +1.7% |
| Amounts payable | 17/49 | €12,440 | €10,181 | -€2,260 | -18.2% |
| Amounts payable within one year | 42/48 | €12,440 | €10,181 | -€2,260 | -18.2% |
| Trade debts | 44 | - | €194 | +€194 | |
| Suppliers | 440/4 | - | €194 | +€194 | |
| Taxes, remuneration and social security | 45 | €4,448 | €2,039 | -€2,409 | -54.2% |
| Taxes | 450/3 | €4,448 | €2,039 | -€2,409 | -54.2% |
| Other amounts payable | 47/48 | €7,992 | €7,948 | -€45 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,213 | €24,213 | = | 0.0% |
| Other operating charges | 640/8 | €1,011 | €914 | -€97 | -9.6% |
| Gross operating margin | 9900 | €47,078 | €34,083 | -€12,995 | -27.6% |
| Operating profit (loss) | 9901 | €21,854 | €8,956 | -€12,898 | -59.0% |
| Financial income | 75/76B | €40 | - | -€40 | |
| Recurring financial income | 75 | €40 | - | -€40 | |
| Financial charges | 65/66B | - | €0 | +€0 | |
| Recurring financial charges | 65 | - | €0 | +€0 | |
| Profit (loss) for the period before taxes | 9903 | €21,893 | €8,956 | -€12,937 | -59.1% |
| Income taxes | 67/77 | €5,114 | €2,507 | -€2,607 | -51.0% |
| Profit (loss) for the period | 9904 | €16,780 | €6,449 | -€10,331 | -61.6% |
| Profit (loss) for the period to be appropriated | 9905 | €16,780 | €6,449 | -€10,331 | -61.6% |
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 23 October 2026 via checked.be.