INTO DIFFERENCE: 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.
INTO DIFFERENCE
Largest movements
- Cash +€19,801
up €19,801 (+9.4%), from €211,324 to €231,124
mainly Other debts (+€97,243) and Net result for the year (+€94,947)
- Intangible fixed assets -€6,500
no longer reported in 2025 (was €6,500)
- Other debts +€97,243
up €97,243 (+139.5%), from €69,705 to €166,947
- Profit (loss) carried forward -€70,053
down €70,053 (-99.8%), from €70,186 to €133
- Tax, wage and social debts -€15,455
down €15,455 (-64.5%), from €23,978 to €8,523
of which Taxes: -€13,455
- Gross operating margin -€11,350
down €11,350 (-8.0%), from €141,198 to €129,849
- Depreciation -€6,166
down €6,166 (-42.5%), from €14,497 to €8,331
- Financial income +€1,863
up €1,863 (+143322.3%), from €1 to €1,864
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 | €247,094 | €260,959 | +€13,865 | +5.6% |
| Fixed assets | 21/28 | €9,451 | €3,620 | -€5,831 | -61.7% |
| Intangible fixed assets | 21 | €6,500 | - | -€6,500 | |
| Tangible fixed assets | 22/27 | €2,951 | €3,620 | +€669 | +22.7% |
| Furniture and vehicles | 24 | €2,951 | €3,620 | +€669 | +22.7% |
| Current assets | 29/58 | €237,643 | €257,339 | +€19,696 | +8.3% |
| Amounts receivable within one year | 40/41 | €26,312 | €24,974 | -€1,337 | -5.1% |
| Trade receivables | 40 | €24,296 | €23,966 | -€330 | -1.4% |
| Other amounts receivable | 41 | €2,015 | €1,008 | -€1,007 | -50.0% |
| Cash at bank and in hand | 54/58 | €211,324 | €231,124 | +€19,801 | +9.4% |
| Deferred charges and accrued income | 490/1 | €8 | €1,241 | +€1,233 | +15623.3% |
| Total equity and liabilities | 10/49 | €247,094 | €260,959 | +€13,865 | +5.6% |
| Equity | 10/15 | €152,450 | €82,397 | -€70,053 | -46.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €63,663 | €63,663 | = | 0.0% |
| Tax-exempt reserves | 132 | €63,663 | €63,663 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,186 | €133 | -€70,053 | -99.8% |
| Amounts payable | 17/49 | €94,645 | €178,562 | +€83,918 | +88.7% |
| Amounts payable within one year | 42/48 | €94,645 | €178,562 | +€83,918 | +88.7% |
| Trade debts | 44 | €962 | €3,092 | +€2,130 | +221.3% |
| Suppliers | 440/4 | €962 | €3,092 | +€2,130 | +221.3% |
| Taxes, remuneration and social security | 45 | €23,978 | €8,523 | -€15,455 | -64.5% |
| Taxes | 450/3 | €21,978 | €8,523 | -€13,455 | -61.2% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €69,705 | €166,947 | +€97,243 | +139.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,497 | €8,331 | -€6,166 | -42.5% |
| Other operating charges | 640/8 | €483 | €414 | -€69 | -14.3% |
| Gross operating margin | 9900 | €141,198 | €129,849 | -€11,350 | -8.0% |
| Operating profit (loss) | 9901 | €126,218 | €121,104 | -€5,114 | -4.1% |
| Financial income | 75/76B | €1 | €1,864 | +€1,863 | +143322.3% |
| Recurring financial income | 75 | €1 | €1,864 | +€1,863 | +143322.3% |
| Financial charges | 65/66B | €2,014 | €2,029 | +€15 | +0.7% |
| Recurring financial charges | 65 | €2,014 | €2,029 | +€15 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | €124,205 | €120,939 | -€3,266 | -2.6% |
| Income taxes | 67/77 | €25,687 | €25,992 | +€305 | +1.2% |
| Profit (loss) for the period | 9904 | €98,519 | €94,947 | -€3,571 | -3.6% |
| Profit (loss) for the period to be appropriated | 9905 | €98,519 | €94,947 | -€3,571 | -3.6% |
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 29 September 2026 via checked.be.