IS-PRACTICE: 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.
IS-PRACTICE
Largest movements
- Cash +€34,450
up €34,450 (+62.9%), from €54,784 to €89,233
mainly Receivables within one year (+€30,913) and Net result for the year (+€30,727)
- Receivables within one year -€30,913
down €30,913 (-76.9%), from €40,180 to €9,267
of which Other amounts receivable: -€26,356
- Tangible fixed assets -€11,421
down €11,421 (-23.3%), from €49,118 to €37,697
of which Furniture and vehicles: -€11,721
- Other debts -€38,748
down €38,748 (-90.9%), from €42,611 to €3,863
- Profit (loss) carried forward +€30,727
up €30,727, from -€28,080 to €2,647
- Current portion of long-term debt -€5,000
down €5,000 (-25.0%), from €20,000 to €15,000
- Tax, wage and social debts +€4,986
up €4,986 (+393.2%), from €1,268 to €6,254
- Gross operating margin +€7,406
up €7,406 (+16.4%), from €45,079 to €52,486
- Taxes +€5,820
up €5,820 (+1340.9%), from €434 to €6,254
- Financial income -€5,003
no longer reported in 2025 (was €5,003)
of which Non-recurring financial income: -€5,003
- Other operating charges -€1,465
no longer reported in 2025 (was €1,465)
- Depreciation +€1,213
up €1,213 (+10.9%), from €11,145 to €12,358
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 | €144,082 | €136,197 | -€7,884 | -5.5% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €49,118 | €37,697 | -€11,421 | -23.3% |
| Tangible fixed assets | 22/27 | €49,118 | €37,697 | -€11,421 | -23.3% |
| Plant, machinery and equipment | 23 | €1,762 | €2,062 | +€300 | +17.0% |
| Furniture and vehicles | 24 | €47,356 | €35,635 | -€11,721 | -24.8% |
| Current assets | 29/58 | €94,963 | €98,500 | +€3,537 | +3.7% |
| Amounts receivable within one year | 40/41 | €40,180 | €9,267 | -€30,913 | -76.9% |
| Trade receivables | 40 | €13,824 | €9,267 | -€4,557 | -33.0% |
| Other amounts receivable | 41 | €26,356 | - | -€26,356 | |
| Cash at bank and in hand | 54/58 | €54,784 | €89,233 | +€34,450 | +62.9% |
| Total equity and liabilities | 10/49 | €144,082 | €136,197 | -€7,884 | -5.5% |
| Equity | 10/15 | €72,389 | €103,116 | +€30,727 | +42.4% |
| Contributions | 10/11 | €57,400 | €57,400 | = | 0.0% |
| Capital | 10 | - | €57,400 | +€57,400 | |
| Issued capital | 100 | - | €57,400 | +€57,400 | |
| Reserves | 13 | €43,069 | €43,069 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €5,740 | +€5,740 | |
| Legal reserve | 130 | - | €5,740 | +€5,740 | |
| Distributable reserves | 133 | €43,069 | €37,329 | -€5,740 | -13.3% |
| Profit (loss) carried forward | 14 | -€28,080 | €2,647 | +€30,727 | |
| Amounts payable | 17/49 | €71,693 | €33,081 | -€38,612 | -53.9% |
| Amounts payable within one year | 42/48 | €63,978 | €26,157 | -€37,821 | -59.1% |
| Current portion of amounts payable after more than one year | 42 | €20,000 | €15,000 | -€5,000 | -25.0% |
| Trade debts | 44 | €99 | €1,039 | +€941 | +953.6% |
| Suppliers | 440/4 | €99 | €1,039 | +€941 | +953.6% |
| Taxes, remuneration and social security | 45 | €1,268 | €6,254 | +€4,986 | +393.2% |
| Taxes | 450/3 | €1,268 | €6,254 | +€4,986 | +393.2% |
| Other amounts payable | 47/48 | €42,611 | €3,863 | -€38,748 | -90.9% |
| Accrued charges and deferred income | 492/3 | €7,715 | €6,924 | -€790 | -10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,145 | €12,358 | +€1,213 | +10.9% |
| Other operating charges | 640/8 | €1,465 | - | -€1,465 | |
| Gross operating margin | 9900 | €45,079 | €52,486 | +€7,406 | +16.4% |
| Operating profit (loss) | 9901 | €32,470 | €40,128 | +€7,658 | +23.6% |
| Financial income | 75/76B | €5,003 | - | -€5,003 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Non-recurring financial income | 76B | €5,003 | - | -€5,003 | |
| Financial charges | 65/66B | €2,826 | €3,146 | +€320 | +11.3% |
| Recurring financial charges | 65 | €2,826 | €3,146 | +€320 | +11.3% |
| Profit (loss) for the period before taxes | 9903 | €34,646 | €36,982 | +€2,335 | +6.7% |
| Income taxes | 67/77 | €434 | €6,254 | +€5,820 | +1340.9% |
| Profit (loss) for the period | 9904 | €34,212 | €30,727 | -€3,485 | -10.2% |
| Profit (loss) for the period to be appropriated | 9905 | €34,212 | €30,727 | -€3,485 | -10.2% |
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 6 October 2026 via checked.be.