INTERESTING TIMES: 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.
INTERESTING TIMES
Largest movements
- Cash +€4,079
up €4,079 (+8.1%), from €50,179 to €54,258
mainly Net result for the year (+€6,549) and Receivables within one year (+€4,066)
- Receivables within one year -€4,066
down €4,066 (-27.0%), from €15,059 to €10,992
of which Trade receivables: -€8,711
- Deferred charges and accrued income +€2,900
up €2,900 (+122%), from €2,384 to €5,284
- Tangible fixed assets +€832
up €832 (+15.0%), from €5,564 to €6,396
of which Furniture and vehicles: +€630
- Tax, wage and social debts -€8,692
down €8,692 (-51.7%), from €16,823 to €8,131
- Profit (loss) carried forward +€5,716
up €5,716 (+11.3%), from €50,458 to €56,174
- Trade debts +€3,478
up €3,478 (+1,155%), from €301 to €3,779
- Other debts +€3,347
up €3,347 (+95.7%), from €3,497 to €6,845
- Gross operating margin -€25,589
down €25,589 (-65.9%), from €38,848 to €13,259
- Taxes -€5,935
down €5,935 (-66.8%), from €8,890 to €2,956
- Financial charges +€1,605
up €1,605 (+1,004%), from €160 to €1,764
- Depreciation +€531
up €531 (+52.0%), from €1,021 to €1,552
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 | €73,185 | €76,930 | +€3,744 | +5.1% |
| Fixed assets | 21/28 | €5,564 | €6,396 | +€832 | +15.0% |
| Tangible fixed assets | 22/27 | €5,564 | €6,396 | +€832 | +15.0% |
| Plant, machinery and equipment | 23 | €912 | €1,114 | +€202 | +22.1% |
| Furniture and vehicles | 24 | €4,652 | €5,282 | +€630 | +13.6% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €67,621 | €70,534 | +€2,912 | +4.3% |
| Amounts receivable within one year | 40/41 | €15,059 | €10,992 | -€4,066 | -27.0% |
| Trade receivables | 40 | €15,059 | €6,348 | -€8,711 | -57.8% |
| Other amounts receivable | 41 | €0 | €4,645 | +€4,645 | |
| Cash at bank and in hand | 54/58 | €50,179 | €54,258 | +€4,079 | +8.1% |
| Deferred charges and accrued income | 490/1 | €2,384 | €5,284 | +€2,900 | +122% |
| Total equity and liabilities | 10/49 | €73,185 | €76,930 | +€3,744 | +5.1% |
| Equity | 10/15 | €52,458 | €58,174 | +€5,716 | +10.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,458 | €56,174 | +€5,716 | +11.3% |
| Amounts payable | 17/49 | €20,727 | €18,755 | -€1,972 | -9.5% |
| Amounts payable within one year | 42/48 | €20,621 | €18,755 | -€1,866 | -9.0% |
| Trade debts | 44 | €301 | €3,779 | +€3,478 | +1,155% |
| Suppliers | 440/4 | €301 | €3,779 | +€3,478 | +1,155% |
| Taxes, remuneration and social security | 45 | €16,823 | €8,131 | -€8,692 | -51.7% |
| Taxes | 450/3 | €16,823 | €8,131 | -€8,692 | -51.7% |
| Other amounts payable | 47/48 | €3,497 | €6,845 | +€3,347 | +95.7% |
| Accrued charges and deferred income | 492/3 | €106 | €0 | -€106 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,021 | €1,552 | +€531 | +52.0% |
| Other operating charges | 640/8 | €59 | €446 | +€387 | +655% |
| Gross operating margin | 9900 | €38,848 | €13,259 | -€25,589 | -65.9% |
| Operating profit (loss) | 9901 | €37,768 | €11,262 | -€26,506 | -70.2% |
| Financial income | 75/76B | €0 | €7 | +€7 | +36,950% |
| Recurring financial income | 75 | €0 | €7 | +€7 | +36,950% |
| Financial charges | 65/66B | €160 | €1,764 | +€1,605 | +1,004% |
| Recurring financial charges | 65 | €160 | €1,764 | +€1,605 | +1,004% |
| Profit (loss) for the period before taxes | 9903 | €37,608 | €9,505 | -€28,103 | -74.7% |
| Income taxes | 67/77 | €8,890 | €2,956 | -€5,935 | -66.8% |
| Profit (loss) for the period | 9904 | €28,718 | €6,549 | -€22,169 | -77.2% |
| Profit (loss) for the period to be appropriated | 9905 | €28,718 | €6,549 | -€22,169 | -77.2% |
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 20 October 2026 via checked.be.