IT APPLICATION CONCEPT: 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.
IT APPLICATION CONCEPT
Largest movements
- Cash +€64,696
up €64,696 (+29.7%), from €217,672 to €282,367
mainly Net result for the year (+€54,707) and Depreciation (+€12,320)
- Tangible fixed assets -€12,320
down €12,320 (-25.2%), from €48,862 to €36,542
- Reserves +€54,707
up €54,707 (+9.8%), from €557,274 to €611,981
of which Distributable reserves: +€54,707
- Financial income +€1,411
up €1,411 (+414%), from €341 to €1,752
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 | €585,951 | €640,849 | +€54,897 | +9.4% |
| Fixed assets | 21/28 | €50,187 | €37,867 | -€12,320 | -24.5% |
| Tangible fixed assets | 22/27 | €48,862 | €36,542 | -€12,320 | -25.2% |
| Furniture and vehicles | 24 | €48,862 | €36,542 | -€12,320 | -25.2% |
| Financial fixed assets | 28 | €1,325 | €1,325 | = | 0.0% |
| Current assets | 29/58 | €535,764 | €602,982 | +€67,218 | +12.5% |
| Amounts receivable within one year | 40/41 | €11,840 | €13,572 | +€1,732 | +14.6% |
| Trade receivables | 40 | €11,840 | €13,572 | +€1,732 | +14.6% |
| Current investments | 50/53 | €305,000 | €305,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €217,672 | €282,367 | +€64,696 | +29.7% |
| Deferred charges and accrued income | 490/1 | €1,252 | €2,042 | +€790 | +63.1% |
| Total equity and liabilities | 10/49 | €585,951 | €640,849 | +€54,897 | +9.4% |
| Equity | 10/15 | €569,675 | €624,382 | +€54,707 | +9.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €557,274 | €611,981 | +€54,707 | +9.8% |
| Non-distributable reserves | 130/1 | €8,640 | €8,640 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,640 | €8,640 | = | 0.0% |
| Distributable reserves | 133 | €548,634 | €603,341 | +€54,707 | +10.0% |
| Profit (loss) carried forward | 14 | €1 | €1 | = | 0.0% |
| Amounts payable | 17/49 | €16,277 | €16,467 | +€191 | +1.2% |
| Amounts payable within one year | 42/48 | €16,277 | €16,467 | +€191 | +1.2% |
| Trade debts | 44 | €228 | €236 | +€7 | +3.3% |
| Suppliers | 440/4 | €228 | €236 | +€7 | +3.3% |
| Taxes, remuneration and social security | 45 | €13,322 | €13,505 | +€183 | +1.4% |
| Taxes | 450/3 | €13,322 | €13,505 | +€183 | +1.4% |
| Other amounts payable | 47/48 | €2,726 | €2,726 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,051 | €12,320 | +€269 | +2.2% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €85,841 | €86,404 | +€563 | +0.7% |
| Operating profit (loss) | 9901 | €73,402 | €73,684 | +€281 | +0.4% |
| Financial income | 75/76B | €341 | €1,752 | +€1,411 | +414% |
| Recurring financial income | 75 | €341 | €1,752 | +€1,411 | +414% |
| Financial charges | 65/66B | €280 | €66 | -€214 | -76.4% |
| Recurring financial charges | 65 | €280 | €66 | -€214 | -76.4% |
| Profit (loss) for the period before taxes | 9903 | €73,463 | €75,369 | +€1,906 | +2.6% |
| Income taxes | 67/77 | €20,250 | €20,662 | +€412 | +2.0% |
| Profit (loss) for the period | 9904 | €53,213 | €54,707 | +€1,494 | +2.8% |
| Profit (loss) for the period to be appropriated | 9905 | €53,213 | €54,707 | +€1,494 | +2.8% |
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 14 October 2026 via checked.be.