Increment: 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.
Increment
Largest movements
- Cash +€17,994
up €17,994 (+1460.6%), from €1,232 to €19,226
mainly Net result for the year (+€41,650) and Receivables within one year (+€4,111)
- Receivables within one year -€4,111
down €4,111 (-31.5%), from €13,065 to €8,954
of which Other amounts receivable: -€6,531
- Tangible fixed assets -€1,092
down €1,092 (-36.9%), from €2,961 to €1,869
of which Plant, machinery and equipment: -€668
- Profit (loss) carried forward +€18,588
no longer reported in 2025 (was -€18,588)
- Other debts -€10,351
down €10,351 (-37.9%), from €27,303 to €16,952
- Tax, wage and social debts +€3,961
up €3,961 (+107.4%), from €3,689 to €7,650
of which Taxes: +€7,650
- Trade debts +€593
up €593 (+32.0%), from €1,854 to €2,448
- Gross operating margin +€67,188
up €67,188, from -€14,274 to €52,913
- Taxes +€8,723
up €8,723 (+5832.7%), from €150 to €8,872
- Depreciation -€1,676
down €1,676 (-46.6%), from €3,597 to €1,921
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 | €17,258 | €30,049 | +€12,791 | +74.1% |
| Fixed assets | 21/28 | €2,961 | €1,869 | -€1,092 | -36.9% |
| Tangible fixed assets | 22/27 | €2,961 | €1,869 | -€1,092 | -36.9% |
| Plant, machinery and equipment | 23 | €2,254 | €1,586 | -€668 | -29.6% |
| Furniture and vehicles | 24 | €707 | €283 | -€424 | -60.0% |
| Current assets | 29/58 | €14,297 | €28,180 | +€13,883 | +97.1% |
| Amounts receivable within one year | 40/41 | €13,065 | €8,954 | -€4,111 | -31.5% |
| Trade receivables | 40 | €5,445 | €7,865 | +€2,420 | +44.4% |
| Other amounts receivable | 41 | €7,620 | €1,089 | -€6,531 | -85.7% |
| Cash at bank and in hand | 54/58 | €1,232 | €19,226 | +€17,994 | +1460.6% |
| Total equity and liabilities | 10/49 | €17,258 | €30,049 | +€12,791 | +74.1% |
| Equity | 10/15 | -€15,588 | €3,000 | +€18,588 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,588 | - | +€18,588 | |
| Amounts payable | 17/49 | €32,846 | €27,049 | -€5,797 | -17.6% |
| Amounts payable within one year | 42/48 | €32,846 | €27,049 | -€5,797 | -17.6% |
| Trade debts | 44 | €1,854 | €2,448 | +€593 | +32.0% |
| Suppliers | 440/4 | €1,854 | €2,448 | +€593 | +32.0% |
| Taxes, remuneration and social security | 45 | €3,689 | €7,650 | +€3,961 | +107.4% |
| Taxes | 450/3 | - | €7,650 | +€7,650 | |
| Remuneration and social security | 454/9 | €3,689 | - | -€3,689 | |
| Other amounts payable | 47/48 | €27,303 | €16,952 | -€10,351 | -37.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,597 | €1,921 | -€1,676 | -46.6% |
| Other operating charges | 640/8 | €445 | €400 | -€45 | -10.1% |
| Non-recurring operating charges | 66A | €75 | €32 | -€44 | -58.2% |
| Gross operating margin | 9900 | -€14,274 | €52,913 | +€67,188 | |
| Operating profit (loss) | 9901 | -€18,391 | €50,561 | +€68,952 | |
| Financial charges | 65/66B | €48 | €39 | -€9 | -18.0% |
| Recurring financial charges | 65 | €48 | €39 | -€9 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | -€18,439 | €50,522 | +€68,961 | |
| Income taxes | 67/77 | €150 | €8,872 | +€8,723 | +5832.7% |
| Profit (loss) for the period | 9904 | -€18,588 | €41,650 | +€60,238 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,588 | €41,650 | +€60,238 |
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.