INVENTORY ANALYTICS: 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.
INVENTORY ANALYTICS
Largest movements
- Intangible fixed assets +€138,606
up €138,606 (+261.5%), from €53,000 to €191,606
- Current investments -€75,000
down €75,000 (-100.0%), from €75,000 to €0
- Receivables within one year +€2,491
up €2,491 (+253.1%), from €984 to €3,476
of which Trade receivables: +€1,500
- Contributions +€50,000
up €50,000 (+33.3%), from €150,000 to €200,000
- Profit (loss) carried forward +€9,416
up €9,416, from -€9,416 to €0
- Trade debts +€5,939
up €5,939 (+23.4%), from €25,328 to €31,268
- Gross operating margin +€15,400
up €15,400, from -€2,725 to €12,675
- Financial income -€2,599
down €2,599 (-90.5%), from €2,872 to €272
- Depreciation +€2,519
new in 2025: €2,519
- Other operating charges +€289
up €289 (+229.1%), from €126 to €415
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 | €166,144 | €232,594 | +€66,450 | +40.0% |
| Fixed assets | 21/28 | €53,000 | €191,606 | +€138,606 | +261.5% |
| Intangible fixed assets | 21 | €53,000 | €191,606 | +€138,606 | +261.5% |
| Current assets | 29/58 | €113,144 | €40,988 | -€72,156 | -63.8% |
| Amounts receivable within one year | 40/41 | €984 | €3,476 | +€2,491 | +253.1% |
| Trade receivables | 40 | - | €1,500 | +€1,500 | |
| Other amounts receivable | 41 | €984 | €1,976 | +€991 | +100.7% |
| Current investments | 50/53 | €75,000 | €0 | -€75,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €36,747 | €37,485 | +€738 | +2.0% |
| Deferred charges and accrued income | 490/1 | €413 | €28 | -€385 | -93.2% |
| Total equity and liabilities | 10/49 | €166,144 | €232,594 | +€66,450 | +40.0% |
| Equity | 10/15 | €140,584 | €200,416 | +€59,832 | +42.6% |
| Contributions | 10/11 | €150,000 | €200,000 | +€50,000 | +33.3% |
| Reserves | 13 | - | €416 | +€416 | |
| Distributable reserves | 133 | - | €416 | +€416 | |
| Profit (loss) carried forward | 14 | -€9,416 | €0 | +€9,416 | |
| Amounts payable | 17/49 | €25,560 | €32,178 | +€6,618 | +25.9% |
| Amounts payable within one year | 42/48 | €25,436 | €32,178 | +€6,742 | +26.5% |
| Trade debts | 44 | €25,328 | €31,268 | +€5,939 | +23.4% |
| Suppliers | 440/4 | €25,328 | €31,268 | +€5,939 | +23.4% |
| Other amounts payable | 47/48 | €108 | €910 | +€802 | +742.9% |
| Accrued charges and deferred income | 492/3 | €124 | €0 | -€124 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,519 | +€2,519 | |
| Other operating charges | 640/8 | €126 | €415 | +€289 | +229.1% |
| Gross operating margin | 9900 | -€2,725 | €12,675 | +€15,400 | |
| Operating profit (loss) | 9901 | -€2,851 | €9,741 | +€12,592 | |
| Financial income | 75/76B | €2,872 | €272 | -€2,599 | -90.5% |
| Recurring financial income | 75 | €2,872 | €272 | -€2,599 | -90.5% |
| Financial charges | 65/66B | €180 | €182 | +€2 | +1.0% |
| Recurring financial charges | 65 | €180 | €182 | +€2 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | -€159 | €9,832 | +€9,991 | |
| Profit (loss) for the period | 9904 | -€159 | €9,832 | +€9,991 | |
| Profit (loss) for the period to be appropriated | 9905 | -€159 | €9,832 | +€9,991 |
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 7 October 2026 via checked.be.