Interpretaal: 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.
Interpretaal
Largest movements
- Cash +€17,124
up €17,124 (+30.2%), from €56,713 to €73,837
mainly Net result for the year (+€24,623) and Depreciation (+€2,699)
- Receivables within one year +€7,318
up €7,318 (+246.8%), from €2,966 to €10,284
of which Trade receivables: +€7,318
- Reserves +€24,623
up €24,623 (+46.5%), from €52,911 to €77,534
- Tax, wage and social debts +€2,152
up €2,152 (+112.2%), from €1,918 to €4,071
of which Taxes: +€1,471
- Trade debts -€1,668
down €1,668 (-75.8%), from €2,200 to €532
- Turnover -€50,363
no longer reported in 2025 (was €50,363)
- Gross operating margin +€4,592
up €4,592 (+14.6%), from €31,371 to €35,963
- Taxes -€2,927
down €2,927 (-25.8%), from €11,338 to €8,410
- Purchases and services -€1,812
down €1,812 (-9.5%), from €18,992 to €17,180
- Depreciation +€688
up €688 (+34.2%), from €2,011 to €2,699
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 | €62,400 | €87,507 | +€25,108 | +40.2% |
| Fixed assets | 21/28 | €2,721 | €3,387 | +€666 | +24.5% |
| Tangible fixed assets | 22/27 | €2,721 | €3,387 | +€666 | +24.5% |
| Furniture and vehicles | 24 | €2,721 | €3,387 | +€666 | +24.5% |
| Current assets | 29/58 | €59,679 | €84,121 | +€24,442 | +41.0% |
| Amounts receivable within one year | 40/41 | €2,966 | €10,284 | +€7,318 | +246.8% |
| Trade receivables | 40 | €2,933 | €10,251 | +€7,318 | +249.6% |
| Other amounts receivable | 41 | €33 | €33 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €56,713 | €73,837 | +€17,124 | +30.2% |
| Total equity and liabilities | 10/49 | €62,400 | €87,507 | +€25,108 | +40.2% |
| Equity | 10/15 | €55,911 | €80,534 | +€24,623 | +44.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €52,911 | €77,534 | +€24,623 | +46.5% |
| Distributable reserves | 133 | €52,911 | €77,534 | +€24,623 | +46.5% |
| Amounts payable | 17/49 | €6,489 | €6,974 | +€485 | +7.5% |
| Amounts payable within one year | 42/48 | €6,489 | €6,974 | +€485 | +7.5% |
| Trade debts | 44 | €2,200 | €532 | -€1,668 | -75.8% |
| Suppliers | 440/4 | €2,200 | €532 | -€1,668 | -75.8% |
| Taxes, remuneration and social security | 45 | €1,918 | €4,071 | +€2,152 | +112.2% |
| Taxes | 450/3 | €1,918 | €3,389 | +€1,471 | +76.7% |
| Remuneration and social security | 454/9 | - | €682 | +€682 | |
| Other amounts payable | 47/48 | €2,370 | €2,370 | = | 0.0% |
| Turnover | 70 | €50,363 | - | -€50,363 | |
| Goods, raw materials, services and sundry goods | 60/61 | €18,992 | €17,180 | -€1,812 | -9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,011 | €2,699 | +€688 | +34.2% |
| Other operating charges | 640/8 | €234 | €183 | -€51 | -21.8% |
| Gross operating margin | 9900 | €31,371 | €35,963 | +€4,592 | +14.6% |
| Operating profit (loss) | 9901 | €29,126 | €33,081 | +€3,955 | +13.6% |
| Financial charges | 65/66B | €46 | €48 | +€1 | +2.9% |
| Recurring financial charges | 65 | €46 | €48 | +€1 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | €29,080 | €33,033 | +€3,954 | +13.6% |
| Income taxes | 67/77 | €11,338 | €8,410 | -€2,927 | -25.8% |
| Profit (loss) for the period | 9904 | €17,742 | €24,623 | +€6,881 | +38.8% |
| Profit (loss) for the period to be appropriated | 9905 | €17,742 | €24,623 | +€6,881 | +38.8% |
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.