KEY PROSPECT: 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.
KEY PROSPECT
Largest movements
- Cash +€22,323
up €22,323 (+414.6%), from €5,384 to €27,707
mainly Receivables within one year (+€16,828) and Net result for the year (+€4,630)
- Receivables within one year -€16,828
down €16,828 (-33.4%), from €50,416 to €33,588
of which Other amounts receivable: -€18,887
- Tangible fixed assets -€2,497
down €2,497 (-26.1%), from €9,583 to €7,086
of which Furniture and vehicles: -€1,387
- Reserves +€4,586
up €4,586 (+12.3%), from €37,312 to €41,897
of which Distributable reserves: +€4,586
- Trade debts -€1,290
down €1,290 (-30.0%), from €4,294 to €3,004
- Tax, wage and social debts -€894
down €894 (-13.6%), from €6,572 to €5,678
- Gross operating margin +€6,493
up €6,493 (+231.8%), from €2,802 to €9,295
- Taxes +€1,250
up €1,250 (+92.7%), from €1,348 to €2,599
- Financial income -€940
down €940 (-31.6%), from €2,973 to €2,032
- Financial charges -€703
down €703 (-85.5%), from €822 to €119
- Depreciation +€309
up €309 (+10.6%), from €2,926 to €3,235
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 | €66,733 | €69,214 | +€2,481 | +3.7% |
| Fixed assets | 21/28 | €9,583 | €7,086 | -€2,497 | -26.1% |
| Tangible fixed assets | 22/27 | €9,583 | €7,086 | -€2,497 | -26.1% |
| Furniture and vehicles | 24 | €3,541 | €2,154 | -€1,387 | -39.2% |
| Other tangible fixed assets | 26 | €6,042 | €4,932 | -€1,110 | -18.4% |
| Current assets | 29/58 | €57,150 | €62,128 | +€4,978 | +8.7% |
| Amounts receivable within one year | 40/41 | €50,416 | €33,588 | -€16,828 | -33.4% |
| Trade receivables | 40 | €8,222 | €10,281 | +€2,059 | +25.0% |
| Other amounts receivable | 41 | €42,194 | €23,306 | -€18,887 | -44.8% |
| Cash at bank and in hand | 54/58 | €5,384 | €27,707 | +€22,323 | +414.6% |
| Deferred charges and accrued income | 490/1 | €1,350 | €834 | -€516 | -38.2% |
| Total equity and liabilities | 10/49 | €66,733 | €69,214 | +€2,481 | +3.7% |
| Equity | 10/15 | €55,867 | €60,497 | +€4,630 | +8.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €37,312 | €41,897 | +€4,586 | +12.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €35,452 | €40,037 | +€4,586 | +12.9% |
| Profit (loss) carried forward | 14 | -€45 | - | +€45 | |
| Amounts payable | 17/49 | €10,866 | €8,717 | -€2,149 | -19.8% |
| Amounts payable within one year | 42/48 | €10,866 | €8,682 | -€2,184 | -20.1% |
| Trade debts | 44 | €4,294 | €3,004 | -€1,290 | -30.0% |
| Suppliers | 440/4 | €4,294 | €3,004 | -€1,290 | -30.0% |
| Taxes, remuneration and social security | 45 | €6,572 | €5,678 | -€894 | -13.6% |
| Taxes | 450/3 | €6,572 | €5,678 | -€894 | -13.6% |
| Accrued charges and deferred income | 492/3 | - | €35 | +€35 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,926 | €3,235 | +€309 | +10.6% |
| Other operating charges | 640/8 | €722 | €745 | +€22 | +3.1% |
| Gross operating margin | 9900 | €2,802 | €9,295 | +€6,493 | +231.8% |
| Operating profit (loss) | 9901 | -€847 | €5,316 | +€6,163 | |
| Financial income | 75/76B | €2,973 | €2,032 | -€940 | -31.6% |
| Recurring financial income | 75 | €2,973 | €2,032 | -€940 | -31.6% |
| Financial charges | 65/66B | €822 | €119 | -€703 | -85.5% |
| Recurring financial charges | 65 | €822 | €119 | -€703 | -85.5% |
| Profit (loss) for the period before taxes | 9903 | €1,304 | €7,229 | +€5,926 | +454.6% |
| Income taxes | 67/77 | €1,348 | €2,599 | +€1,250 | +92.7% |
| Profit (loss) for the period | 9904 | -€45 | €4,630 | +€4,675 | |
| Profit (loss) for the period to be appropriated | 9905 | -€45 | €4,630 | +€4,675 |
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.