L. Deschrijver: 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.
L. Deschrijver
Largest movements
- Cash +€56,418
up €56,418 (+280%), from €20,150 to €76,568
mainly Trade debts (+€29,645) and Net result for the year (+€25,284)
- Receivables within one year +€8,153
up €8,153 (+374%), from €2,178 to €10,331
of which Trade receivables: +€4,834
- Trade debts +€29,645
new in 2025: €29,645
- Reserves +€25,284
up €25,284 (+181%), from €13,994 to €39,278
- Tax, wage and social debts +€9,592
up €9,592 (+182%), from €5,284 to €14,876
- Gross operating margin +€15,667
up €15,667 (+81.2%), from €19,300 to €34,967
- Taxes +€4,381
up €4,381 (+83.5%), from €5,248 to €9,629
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 | €22,328 | €86,899 | +€64,571 | +289% |
| Current assets | 29/58 | €22,328 | €86,899 | +€64,571 | +289% |
| Amounts receivable within one year | 40/41 | €2,178 | €10,331 | +€8,153 | +374% |
| Trade receivables | 40 | €2,178 | €7,012 | +€4,834 | +222% |
| Other amounts receivable | 41 | - | €3,320 | +€3,320 | |
| Cash at bank and in hand | 54/58 | €20,150 | €76,568 | +€56,418 | +280% |
| Total equity and liabilities | 10/49 | €22,328 | €86,899 | +€64,571 | +289% |
| Equity | 10/15 | €16,994 | €42,278 | +€25,284 | +149% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €13,994 | €39,278 | +€25,284 | +181% |
| Distributable reserves | 133 | €13,994 | €39,278 | +€25,284 | +181% |
| Amounts payable | 17/49 | €5,334 | €44,621 | +€39,287 | +736% |
| Amounts payable within one year | 42/48 | €5,334 | €44,621 | +€39,287 | +736% |
| Trade debts | 44 | - | €29,645 | +€29,645 | |
| Suppliers | 440/4 | - | €29,645 | +€29,645 | |
| Taxes, remuneration and social security | 45 | €5,284 | €14,876 | +€9,592 | +182% |
| Taxes | 450/3 | €5,284 | €14,876 | +€9,592 | +182% |
| Other amounts payable | 47/48 | €50 | €100 | +€50 | +100% |
| Gross operating margin | 9900 | €19,300 | €34,967 | +€15,667 | +81.2% |
| Operating profit (loss) | 9901 | €19,300 | €34,967 | +€15,667 | +81.2% |
| Financial charges | 65/66B | €59 | €54 | -€5 | -8.2% |
| Recurring financial charges | 65 | €59 | €54 | -€5 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | €19,241 | €34,913 | +€15,672 | +81.5% |
| Income taxes | 67/77 | €5,248 | €9,629 | +€4,381 | +83.5% |
| Profit (loss) for the period | 9904 | €13,994 | €25,284 | +€11,291 | +80.7% |
| Profit (loss) for the period to be appropriated | 9905 | €13,994 | €25,284 | +€11,291 | +80.7% |
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 29 October 2026 via checked.be.