INPUT FOR YOU: 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.
INPUT FOR YOU
Largest movements
- Cash +€339,844
up €339,844 (+60.1%), from €565,249 to €905,094
mainly Net result for the year (+€642,421) and Trade debts (+€205,967)
- Receivables within one year +€177,994
up €177,994 (+12.2%), from €1.5m to €1.6m
of which Trade receivables: +€195,918
- Deferred charges and accrued income +€107,777
up €107,777 (+158.4%), from €68,023 to €175,799
- Tangible fixed assets +€86,847
up €86,847 (+32.7%), from €265,520 to €352,366
of which Furniture and vehicles: +€77,876
- Intangible fixed assets -€44,333
down €44,333 (-67.9%), from €65,333 to €21,000
- Profit (loss) carried forward +€239,565
up €239,565 (+45.5%), from €526,703 to €766,268
- Trade debts +€205,967
up €205,967 (+41.5%), from €495,720 to €701,687
- Accrued charges and deferred income +€140,530
up €140,530 (+115.5%), from €121,710 to €262,241
- Tax, wage and social debts +€52,066
up €52,066 (+13.2%), from €394,736 to €446,802
of which Taxes: +€27,688
- Gross operating margin +€432,041
up €432,041 (+11.0%), from €3.9m to €4.4m
- Staff costs +€264,724
up €264,724 (+8.9%), from €3.0m to €3.2m
- Taxes +€46,308
up €46,308 (+23.0%), from €201,264 to €247,573
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 | €2,425,470 | €3,093,598 | +€668,128 | +27.5% |
| Fixed assets | 21/28 | €332,593 | €375,106 | +€42,513 | +12.8% |
| Intangible fixed assets | 21 | €65,333 | €21,000 | -€44,333 | -67.9% |
| Tangible fixed assets | 22/27 | €265,520 | €352,366 | +€86,847 | +32.7% |
| Plant, machinery and equipment | 23 | €223,344 | €269,202 | +€45,858 | +20.5% |
| Furniture and vehicles | 24 | €5,289 | €83,165 | +€77,876 | +1472.4% |
| Other tangible fixed assets | 26 | €36,887 | - | -€36,887 | |
| Financial fixed assets | 28 | €1,740 | €1,740 | = | 0.0% |
| Current assets | 29/58 | €2,092,877 | €2,718,491 | +€625,615 | +29.9% |
| Amounts receivable within one year | 40/41 | €1,459,605 | €1,637,598 | +€177,994 | +12.2% |
| Trade receivables | 40 | €1,333,180 | €1,529,098 | +€195,918 | +14.7% |
| Other amounts receivable | 41 | €126,425 | €108,501 | -€17,924 | -14.2% |
| Cash at bank and in hand | 54/58 | €565,249 | €905,094 | +€339,844 | +60.1% |
| Deferred charges and accrued income | 490/1 | €68,023 | €175,799 | +€107,777 | +158.4% |
| Total equity and liabilities | 10/49 | €2,425,470 | €3,093,598 | +€668,128 | +27.5% |
| Equity | 10/15 | €1,083,303 | €1,322,868 | +€239,565 | +22.1% |
| Contributions | 10/11 | €506,000 | €506,000 | = | 0.0% |
| Capital | 10 | €506,000 | €506,000 | = | 0.0% |
| Issued capital | 100 | €506,000 | €506,000 | = | 0.0% |
| Reserves | 13 | €50,600 | €50,600 | = | 0.0% |
| Non-distributable reserves | 130/1 | €50,600 | €50,600 | = | 0.0% |
| Legal reserve | 130 | €50,600 | €50,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €526,703 | €766,268 | +€239,565 | +45.5% |
| Amounts payable | 17/49 | €1,342,167 | €1,770,730 | +€428,563 | +31.9% |
| Amounts payable within one year | 42/48 | €1,220,457 | €1,508,490 | +€288,033 | +23.6% |
| Trade debts | 44 | €495,720 | €701,687 | +€205,967 | +41.5% |
| Suppliers | 440/4 | €495,720 | €701,687 | +€205,967 | +41.5% |
| Taxes, remuneration and social security | 45 | €394,736 | €446,802 | +€52,066 | +13.2% |
| Taxes | 450/3 | €132,116 | €159,804 | +€27,688 | +21.0% |
| Remuneration and social security | 454/9 | €262,620 | €286,998 | +€24,378 | +9.3% |
| Other amounts payable | 47/48 | €330,000 | €360,000 | +€30,000 | +9.1% |
| Accrued charges and deferred income | 492/3 | €121,710 | €262,241 | +€140,530 | +115.5% |
| Remuneration, social security and pensions | 62 | €2,977,029 | €3,241,754 | +€264,724 | +8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €157,510 | €172,486 | +€14,976 | +9.5% |
| Other operating charges | 640/8 | €62,039 | €43,693 | -€18,346 | -29.6% |
| Gross operating margin | 9900 | €3,920,141 | €4,352,182 | +€432,041 | +11.0% |
| Operating profit (loss) | 9901 | €723,563 | €894,250 | +€170,686 | +23.6% |
| Financial charges | 65/66B | €3,880 | €4,256 | +€377 | +9.7% |
| Recurring financial charges | 65 | €3,880 | €4,256 | +€377 | +9.7% |
| Profit (loss) for the period before taxes | 9903 | €719,683 | €889,993 | +€170,310 | +23.7% |
| Income taxes | 67/77 | €201,264 | €247,573 | +€46,308 | +23.0% |
| Profit (loss) for the period | 9904 | €518,419 | €642,421 | +€124,002 | +23.9% |
| Profit (loss) for the period to be appropriated | 9905 | €518,419 | €642,421 | +€124,002 | +23.9% |
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 8 October 2026 via checked.be.