KEY: 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.
KEY
Largest movements
- Receivables within one year +€67,632
up €67,632 (+644.9%), from €10,488 to €78,119
of which Other amounts receivable: +€54,282
- Stocks and contracts -€9,916
no longer reported in 2025 (was €9,916)
- Profit (loss) carried forward +€55,060
up €55,060, from -€43,974 to €11,086
- Tax, wage and social debts +€3,858
new in 2025: €3,858
- Gross operating margin +€60,282
up €60,282, from -€1,308 to €58,975
- Taxes +€3,858
new in 2025: €3,858
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 | €21,030 | €79,252 | +€58,222 | +276.8% |
| Fixed assets | 21/28 | €210 | €210 | = | 0.0% |
| Financial fixed assets | 28 | €210 | €210 | = | 0.0% |
| Current assets | 29/58 | €20,820 | €79,042 | +€58,222 | +279.6% |
| Stocks and contracts in progress | 3 | €9,916 | - | -€9,916 | |
| Stocks | 30/36 | €9,916 | - | -€9,916 | |
| Amounts receivable within one year | 40/41 | €10,488 | €78,119 | +€67,632 | +644.9% |
| Trade receivables | 40 | - | €13,350 | +€13,350 | |
| Other amounts receivable | 41 | €10,488 | €64,769 | +€54,282 | +517.6% |
| Cash at bank and in hand | 54/58 | €417 | €923 | +€506 | +121.3% |
| Total equity and liabilities | 10/49 | €21,030 | €79,252 | +€58,222 | +276.8% |
| Equity | 10/15 | €17,999 | €73,059 | +€55,060 | +305.9% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,974 | €11,086 | +€55,060 | |
| Amounts payable | 17/49 | €3,031 | €6,193 | +€3,162 | +104.3% |
| Amounts payable within one year | 42/48 | €3,031 | €6,193 | +€3,162 | +104.3% |
| Trade debts | 44 | €2,246 | €2,335 | +€89 | +4.0% |
| Suppliers | 440/4 | €2,246 | €2,335 | +€89 | +4.0% |
| Taxes, remuneration and social security | 45 | - | €3,858 | +€3,858 | |
| Taxes | 450/3 | - | €3,858 | +€3,858 | |
| Other amounts payable | 47/48 | €785 | - | -€785 | |
| Other operating charges | 640/8 | €304 | €415 | +€111 | +36.7% |
| Gross operating margin | 9900 | -€1,308 | €58,975 | +€60,282 | |
| Operating profit (loss) | 9901 | -€1,612 | €58,559 | +€60,171 | |
| Financial income | 75/76B | €18 | €508 | +€490 | +2734.3% |
| Recurring financial income | 75 | €18 | €508 | +€490 | +2734.3% |
| Financial charges | 65/66B | €325 | €150 | -€175 | -54.0% |
| Recurring financial charges | 65 | €325 | €150 | -€175 | -54.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,919 | €58,917 | +€60,836 | |
| Income taxes | 67/77 | - | €3,858 | +€3,858 | |
| Profit (loss) for the period | 9904 | -€1,919 | €55,060 | +€56,978 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,919 | €55,060 | +€56,978 |
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.