Just Flow: 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.
Just Flow
Largest movements
- Cash +€40,237
up €40,237 (+90.7%), from €44,361 to €84,599
mainly Net result for the year (+€44,492) and Tax, wage and social debts (+€2,219)
- Current investments +€2,970
new in 2025: €2,970
- Tangible fixed assets +€2,051
new in 2025: €2,051
- Receivables within one year +€1,199
up €1,199 (+6.3%), from €19,086 to €20,285
of which Trade receivables: +€1,210
- Reserves +€45,000
up €45,000 (+128.6%), from €35,000 to €80,000
- Tax, wage and social debts +€2,219
up €2,219 (+12.5%), from €17,718 to €19,937
of which Taxes: +€2,219
- Gross operating margin +€9,524
up €9,524 (+18.9%), from €50,507 to €60,031
- Taxes +€1,663
up €1,663 (+13.7%), from €12,096 to €13,758
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 | €63,706 | €110,528 | +€46,822 | +73.5% |
| Fixed assets | 21/28 | - | €2,051 | +€2,051 | |
| Tangible fixed assets | 22/27 | - | €2,051 | +€2,051 | |
| Furniture and vehicles | 24 | - | €2,051 | +€2,051 | |
| Current assets | 29/58 | €63,706 | €108,476 | +€44,771 | +70.3% |
| Amounts receivable within one year | 40/41 | €19,086 | €20,285 | +€1,199 | +6.3% |
| Trade receivables | 40 | €19,075 | €20,285 | +€1,210 | +6.3% |
| Other amounts receivable | 41 | €11 | €0 | -€11 | -100.0% |
| Current investments | 50/53 | - | €2,970 | +€2,970 | |
| Cash at bank and in hand | 54/58 | €44,361 | €84,599 | +€40,237 | +90.7% |
| Deferred charges and accrued income | 490/1 | €258 | €622 | +€365 | +141.5% |
| Total equity and liabilities | 10/49 | €63,706 | €110,528 | +€46,822 | +73.5% |
| Equity | 10/15 | €39,159 | €83,651 | +€44,492 | +113.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €35,000 | €80,000 | +€45,000 | +128.6% |
| Distributable reserves | 133 | €35,000 | €80,000 | +€45,000 | +128.6% |
| Profit (loss) carried forward | 14 | €1,159 | €651 | -€508 | -43.8% |
| Amounts payable | 17/49 | €24,547 | €26,876 | +€2,330 | +9.5% |
| Amounts payable within one year | 42/48 | €24,547 | €26,876 | +€2,330 | +9.5% |
| Trade debts | 44 | €783 | €982 | +€199 | +25.4% |
| Suppliers | 440/4 | €783 | €982 | +€199 | +25.4% |
| Taxes, remuneration and social security | 45 | €17,718 | €19,937 | +€2,219 | +12.5% |
| Taxes | 450/3 | €16,490 | €18,709 | +€2,219 | +13.5% |
| Remuneration and social security | 454/9 | €1,228 | €1,228 | = | 0.0% |
| Other amounts payable | 47/48 | €6,045 | €5,957 | -€88 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €316 | +€316 | |
| Other operating charges | 640/8 | €788 | €506 | -€282 | -35.7% |
| Gross operating margin | 9900 | €50,507 | €60,031 | +€9,524 | +18.9% |
| Operating profit (loss) | 9901 | €49,719 | €59,209 | +€9,489 | +19.1% |
| Financial income | 75/76B | €0 | €85 | +€85 | +426850.0% |
| Recurring financial income | 75 | €0 | €85 | +€85 | +426850.0% |
| Financial charges | 65/66B | €1,464 | €1,043 | -€421 | -28.8% |
| Recurring financial charges | 65 | €1,464 | €1,043 | -€421 | -28.8% |
| Profit (loss) for the period before taxes | 9903 | €48,255 | €58,251 | +€9,996 | +20.7% |
| Income taxes | 67/77 | €12,096 | €13,758 | +€1,663 | +13.7% |
| Profit (loss) for the period | 9904 | €36,159 | €44,492 | +€8,333 | +23.0% |
| Profit (loss) for the period to be appropriated | 9905 | €36,159 | €44,492 | +€8,333 | +23.0% |
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 9 October 2026 via checked.be.