INSIGHT-OUTSIDE: 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.
INSIGHT-OUTSIDE
Largest movements
- Receivables within one year +€70,746
up €70,746 (+191.0%), from €37,039 to €107,785
of which Trade receivables: +€67,280
- Cash -€5,885
down €5,885 (-20.2%), from €29,141 to €23,256
mainly Contributions, distributions and other (-€80,000) and Receivables within one year (-€70,746)
- Trade debts +€50,457
up €50,457 (+4627.5%), from €1,090 to €51,547
- Other debts +€29,557
up €29,557 (+57.2%), from €51,676 to €81,233
- Tax, wage and social debts -€14,230
down €14,230 (-63.3%), from €22,480 to €8,250
- Gross operating margin +€30,678
up €30,678 (+41.4%), from €74,132 to €104,810
- Taxes +€7,100
up €7,100 (+49.2%), from €14,434 to €21,534
- Depreciation -€1,496
down €1,496 (-47.9%), from €3,124 to €1,628
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 | €77,026 | €142,987 | +€65,961 | +85.6% |
| Fixed assets | 21/28 | €2,704 | €3,567 | +€863 | +31.9% |
| Tangible fixed assets | 22/27 | €2,704 | €3,567 | +€863 | +31.9% |
| Plant, machinery and equipment | 23 | €2,704 | €1,498 | -€1,206 | -44.6% |
| Furniture and vehicles | 24 | €0 | €1,124 | +€1,124 | |
| Other tangible fixed assets | 26 | - | €944 | +€944 | |
| Current assets | 29/58 | €74,323 | €139,420 | +€65,098 | +87.6% |
| Amounts receivable within one year | 40/41 | €37,039 | €107,785 | +€70,746 | +191.0% |
| Trade receivables | 40 | €31,521 | €98,801 | +€67,280 | +213.4% |
| Other amounts receivable | 41 | €5,519 | €8,984 | +€3,466 | +62.8% |
| Cash at bank and in hand | 54/58 | €29,141 | €23,256 | -€5,885 | -20.2% |
| Deferred charges and accrued income | 490/1 | €8,142 | €8,379 | +€237 | +2.9% |
| Total equity and liabilities | 10/49 | €77,026 | €142,987 | +€65,961 | +85.6% |
| Equity | 10/15 | €1,715 | €1,956 | +€241 | +14.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €715 | €956 | +€241 | +33.7% |
| Amounts payable | 17/49 | €75,311 | €141,031 | +€65,720 | +87.3% |
| Amounts payable within one year | 42/48 | €75,247 | €141,031 | +€65,784 | +87.4% |
| Trade debts | 44 | €1,090 | €51,547 | +€50,457 | +4627.5% |
| Suppliers | 440/4 | €1,090 | €51,547 | +€50,457 | +4627.5% |
| Taxes, remuneration and social security | 45 | €22,480 | €8,250 | -€14,230 | -63.3% |
| Taxes | 450/3 | €22,480 | €8,250 | -€14,230 | -63.3% |
| Other amounts payable | 47/48 | €51,676 | €81,233 | +€29,557 | +57.2% |
| Accrued charges and deferred income | 492/3 | €64 | - | -€64 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,124 | €1,628 | -€1,496 | -47.9% |
| Other operating charges | 640/8 | €1,202 | €1,359 | +€157 | +13.0% |
| Gross operating margin | 9900 | €74,132 | €104,810 | +€30,678 | +41.4% |
| Operating profit (loss) | 9901 | €69,805 | €101,822 | +€32,017 | +45.9% |
| Financial income | 75/76B | €47 | €2 | -€45 | -95.5% |
| Recurring financial income | 75 | €47 | €2 | -€45 | -95.5% |
| Financial charges | 65/66B | €90 | €49 | -€41 | -45.7% |
| Recurring financial charges | 65 | €90 | €49 | -€41 | -45.7% |
| Profit (loss) for the period before taxes | 9903 | €69,762 | €101,775 | +€32,013 | +45.9% |
| Income taxes | 67/77 | €14,434 | €21,534 | +€7,100 | +49.2% |
| Profit (loss) for the period | 9904 | €55,328 | €80,241 | +€24,913 | +45.0% |
| Profit (loss) for the period to be appropriated | 9905 | €55,328 | €80,241 | +€24,913 | +45.0% |
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 10 October 2026 via checked.be.