L Instant K: 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 Instant K
Largest movements
- Cash +€6,728
up €6,728 (+145%), from €4,654 to €11,382
mainly Trade debts (+€19,292) and Tax, wage and social debts (+€8,736)
- Stocks and contracts -€5,000
down €5,000 (-28.6%), from €17,500 to €12,500
- Receivables within one year -€3,362
down €3,362 (-17.7%), from €19,031 to €15,669
of which Trade receivables: -€3,357
- Deferred charges and accrued income +€2,388
up €2,388 (+4,729%), from €51 to €2,439
- Profit (loss) carried forward -€23,699
down €23,699 (-21.4%), from -€110,611 to -€134,310
- Trade debts +€19,292
up €19,292 (+32.4%), from €59,620 to €78,912
- Tax, wage and social debts +€8,736
up €8,736 (+27.0%), from €32,348 to €41,084
of which Remuneration and social security: +€4,666
- Short-term financial debts -€2,719
down €2,719 (-100%), from €2,719 to €0
- Other debts -€508
down €508 (-0.9%), from €57,995 to €57,488
- Gross operating margin -€23,624
down €23,624 (-17.0%), from €139,335 to €115,711
- Staff costs +€23,195
up €23,195 (+23.3%), from €99,750 to €122,945
- Other operating charges -€16,418
down €16,418 (-66.6%), from €24,637 to €8,219
- Financial charges -€3,069
down €3,069 (-39.1%), from €7,847 to €4,778
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 | €48,273 | €49,374 | +€1,101 | +2.3% |
| Fixed assets | 21/28 | €7,037 | €7,384 | +€347 | +4.9% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Tangible fixed assets | 22/27 | €6,736 | €7,083 | +€347 | +5.2% |
| Plant, machinery and equipment | 23 | €582 | €2,586 | +€2,004 | +344% |
| Furniture and vehicles | 24 | €6,154 | €4,497 | -€1,657 | -26.9% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €41,235 | €41,989 | +€754 | +1.8% |
| Stocks and contracts in progress | 3 | €17,500 | €12,500 | -€5,000 | -28.6% |
| Stocks | 30/36 | €17,500 | €12,500 | -€5,000 | -28.6% |
| Amounts receivable within one year | 40/41 | €19,031 | €15,669 | -€3,362 | -17.7% |
| Trade receivables | 40 | €16,570 | €13,213 | -€3,357 | -20.3% |
| Other amounts receivable | 41 | €2,460 | €2,455 | -€5 | -0.2% |
| Cash at bank and in hand | 54/58 | €4,654 | €11,382 | +€6,728 | +145% |
| Deferred charges and accrued income | 490/1 | €51 | €2,439 | +€2,388 | +4,729% |
| Total equity and liabilities | 10/49 | €48,273 | €49,374 | +€1,101 | +2.3% |
| Equity | 10/15 | -€104,411 | -€128,110 | -€23,699 | -22.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€110,611 | -€134,310 | -€23,699 | -21.4% |
| Amounts payable | 17/49 | €152,683 | €177,484 | +€24,800 | +16.2% |
| Amounts payable within one year | 42/48 | €152,683 | €177,484 | +€24,800 | +16.2% |
| Financial debts | 43 | €2,719 | €0 | -€2,719 | -100% |
| Credit institutions | 430/8 | €2,719 | €0 | -€2,719 | -100% |
| Trade debts | 44 | €59,620 | €78,912 | +€19,292 | +32.4% |
| Suppliers | 440/4 | €59,620 | €78,912 | +€19,292 | +32.4% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €32,348 | €41,084 | +€8,736 | +27.0% |
| Taxes | 450/3 | €28,262 | €32,332 | +€4,070 | +14.4% |
| Remuneration and social security | 454/9 | €4,086 | €8,752 | +€4,666 | +114% |
| Other amounts payable | 47/48 | €57,995 | €57,488 | -€508 | -0.9% |
| Remuneration, social security and pensions | 62 | €99,750 | €122,945 | +€23,195 | +23.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,654 | €2,325 | -€1,329 | -36.4% |
| Other operating charges | 640/8 | €24,637 | €8,219 | -€16,418 | -66.6% |
| Gross operating margin | 9900 | €139,335 | €115,711 | -€23,624 | -17.0% |
| Operating profit (loss) | 9901 | €11,294 | -€17,778 | -€29,072 | |
| Financial income | 75/76B | €73 | €56 | -€17 | -23.0% |
| Recurring financial income | 75 | €73 | €56 | -€17 | -23.0% |
| Financial charges | 65/66B | €7,847 | €4,778 | -€3,069 | -39.1% |
| Recurring financial charges | 65 | €7,847 | €4,778 | -€3,069 | -39.1% |
| Profit (loss) for the period before taxes | 9903 | €3,520 | -€22,499 | -€26,019 | |
| Income taxes | 67/77 | €509 | €1,200 | +€691 | +136% |
| Profit (loss) for the period | 9904 | €3,011 | -€23,699 | -€26,711 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,011 | -€23,699 | -€26,711 |
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 27 October 2026 via checked.be.