KEEP ON MOVING: 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.
KEEP ON MOVING
Largest movements
- Tangible fixed assets -€16,247
down €16,247 (-20.8%), from €78,141 to €61,894
of which Furniture and vehicles: -€12,096
- Cash +€10,141
up €10,141 (+154.1%), from €6,581 to €16,723
mainly Depreciation (+€21,585) and Net result for the year (+€18,595)
- Deferred charges and accrued income +€6,375
up €6,375 (+42.4%), from €15,022 to €21,397
- Intangible fixed assets -€2,332
down €2,332 (-11.1%), from €20,982 to €18,650
- Receivables within one year +€1,351
up €1,351 (+38.2%), from €3,538 to €4,889
of which Other amounts receivable: +€1,871
- Debts after one year -€20,101
down €20,101 (-31.5%), from €63,817 to €43,715
- Reserves +€17,762
up €17,762 (+152.9%), from €11,614 to €29,376
- Accrued charges and deferred income +€15,486
up €15,486 (+3226.2%), from €480 to €15,966
- Trade debts -€10,202
down €10,202 (-62.0%), from €16,442 to €6,240
- Tax, wage and social debts -€3,000
down €3,000 (-100.0%), from €3,000 to €0
- Gross operating margin +€12,723
up €12,723 (+34.8%), from €36,587 to €49,309
- Depreciation +€3,975
up €3,975 (+22.6%), from €17,610 to €21,585
- Taxes +€2,218
up €2,218 (+67.1%), from €3,307 to €5,525
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 | €124,264 | €123,552 | -€712 | -0.6% |
| Fixed assets | 21/28 | €99,123 | €80,543 | -€18,579 | -18.7% |
| Intangible fixed assets | 21 | €20,982 | €18,650 | -€2,332 | -11.1% |
| Tangible fixed assets | 22/27 | €78,141 | €61,894 | -€16,247 | -20.8% |
| Plant, machinery and equipment | 23 | €22,055 | €17,903 | -€4,151 | -18.8% |
| Furniture and vehicles | 24 | €56,087 | €43,991 | -€12,096 | -21.6% |
| Current assets | 29/58 | €25,142 | €43,009 | +€17,867 | +71.1% |
| Amounts receivable within one year | 40/41 | €3,538 | €4,889 | +€1,351 | +38.2% |
| Trade receivables | 40 | €1,845 | €1,325 | -€520 | -28.2% |
| Other amounts receivable | 41 | €1,693 | €3,564 | +€1,871 | +110.5% |
| Cash at bank and in hand | 54/58 | €6,581 | €16,723 | +€10,141 | +154.1% |
| Deferred charges and accrued income | 490/1 | €15,022 | €21,397 | +€6,375 | +42.4% |
| Total equity and liabilities | 10/49 | €124,264 | €123,552 | -€712 | -0.6% |
| Equity | 10/15 | €14,614 | €32,376 | +€17,762 | +121.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €11,614 | €29,376 | +€17,762 | +152.9% |
| Distributable reserves | 133 | €11,614 | €29,376 | +€17,762 | +152.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €109,651 | €91,177 | -€18,474 | -16.8% |
| Amounts payable after more than one year | 17 | €63,817 | €43,715 | -€20,101 | -31.5% |
| Financial debts | 170/4 | €63,817 | €43,715 | -€20,101 | -31.5% |
| Amounts payable within one year | 42/48 | €45,354 | €31,496 | -€13,859 | -30.6% |
| Current portion of amounts payable after more than one year | 42 | €20,154 | €20,699 | +€545 | +2.7% |
| Financial debts | 43 | - | €190 | +€190 | |
| Credit institutions | 430/8 | - | €190 | +€190 | |
| Trade debts | 44 | €16,442 | €6,240 | -€10,202 | -62.0% |
| Suppliers | 440/4 | €16,442 | €6,240 | -€10,202 | -62.0% |
| Taxes, remuneration and social security | 45 | €3,000 | €0 | -€3,000 | -100.0% |
| Taxes | 450/3 | €3,000 | €0 | -€3,000 | -100.0% |
| Other amounts payable | 47/48 | €5,758 | €4,367 | -€1,392 | -24.2% |
| Accrued charges and deferred income | 492/3 | €480 | €15,966 | +€15,486 | +3226.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,610 | €21,585 | +€3,975 | +22.6% |
| Other operating charges | 640/8 | €1,275 | €1,356 | +€81 | +6.4% |
| Gross operating margin | 9900 | €36,587 | €49,309 | +€12,723 | +34.8% |
| Operating profit (loss) | 9901 | €17,702 | €26,368 | +€8,666 | +49.0% |
| Financial income | 75/76B | €0 | €0 | +€0 | +175.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +175.0% |
| Financial charges | 65/66B | €1,922 | €2,248 | +€326 | +17.0% |
| Recurring financial charges | 65 | €1,922 | €2,248 | +€326 | +17.0% |
| Profit (loss) for the period before taxes | 9903 | €15,780 | €24,120 | +€8,340 | +52.9% |
| Income taxes | 67/77 | €3,307 | €5,525 | +€2,218 | +67.1% |
| Profit (loss) for the period | 9904 | €12,473 | €18,595 | +€6,122 | +49.1% |
| Profit (loss) for the period to be appropriated | 9905 | €12,473 | €18,595 | +€6,122 | +49.1% |
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 4 October 2026 via checked.be.