LASTING IMAGES: 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.
LASTING IMAGES
Largest movements
- Cash +€62,763
up €62,763 (+279%), from €22,484 to €85,247
mainly Other debts (+€35,198) and Net result for the year (+€12,524)
- Receivables within one year -€11,263
down €11,263 (-44.6%), from €25,279 to €14,016
of which Other amounts receivable: -€7,514
- Tangible fixed assets -€7,059
down €7,059 (-23.4%), from €30,202 to €23,144
of which Furniture and vehicles: -€7,075
- Other debts +€35,198
up €35,198 (+89.5%), from €39,331 to €74,529
- Reserves +€10,858
up €10,858 (+6.3%), from €173,691 to €184,549
- Trade debts -€4,576
down €4,576 (-82.5%), from €5,544 to €968
- Tax, wage and social debts +€4,526
up €4,526 (+707%), from €641 to €5,166
- Gross operating margin +€4,177
up €4,177 (+22.9%), from €18,265 to €22,442
- Financial income +€1,505
up €1,505 (+88.8%), from €1,694 to €3,198
- Depreciation +€579
up €579 (+7.5%), from €7,767 to €8,346
- Other operating charges -€293
down €293 (-22.3%), from €1,315 to €1,022
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 | €225,407 | €271,913 | +€46,506 | +20.6% |
| Fixed assets | 21/28 | €30,202 | €23,144 | -€7,059 | -23.4% |
| Tangible fixed assets | 22/27 | €30,202 | €23,144 | -€7,059 | -23.4% |
| Plant, machinery and equipment | 23 | €2,888 | €2,904 | +€16 | +0.6% |
| Furniture and vehicles | 24 | €27,315 | €20,240 | -€7,075 | -25.9% |
| Current assets | 29/58 | €195,205 | €248,769 | +€53,565 | +27.4% |
| Amounts receivable within one year | 40/41 | €25,279 | €14,016 | -€11,263 | -44.6% |
| Trade receivables | 40 | €17,761 | €14,011 | -€3,750 | -21.1% |
| Other amounts receivable | 41 | €7,518 | €5 | -€7,514 | -99.9% |
| Current investments | 50/53 | €146,688 | €148,558 | +€1,870 | +1.3% |
| Cash at bank and in hand | 54/58 | €22,484 | €85,247 | +€62,763 | +279% |
| Deferred charges and accrued income | 490/1 | €754 | €948 | +€194 | +25.8% |
| Total equity and liabilities | 10/49 | €225,407 | €271,913 | +€46,506 | +20.6% |
| Equity | 10/15 | €179,891 | €190,749 | +€10,858 | +6.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €173,691 | €184,549 | +€10,858 | +6.3% |
| Distributable reserves | 133 | €173,691 | €184,549 | +€10,858 | +6.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €45,516 | €81,163 | +€35,648 | +78.3% |
| Amounts payable within one year | 42/48 | €45,516 | €80,663 | +€35,148 | +77.2% |
| Trade debts | 44 | €5,544 | €968 | -€4,576 | -82.5% |
| Suppliers | 440/4 | €5,544 | €968 | -€4,576 | -82.5% |
| Taxes, remuneration and social security | 45 | €641 | €5,166 | +€4,526 | +707% |
| Taxes | 450/3 | €641 | €5,166 | +€4,526 | +707% |
| Other amounts payable | 47/48 | €39,331 | €74,529 | +€35,198 | +89.5% |
| Accrued charges and deferred income | 492/3 | €0 | €500 | +€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,767 | €8,346 | +€579 | +7.5% |
| Other operating charges | 640/8 | €1,315 | €1,022 | -€293 | -22.3% |
| Gross operating margin | 9900 | €18,265 | €22,442 | +€4,177 | +22.9% |
| Operating profit (loss) | 9901 | €9,184 | €13,074 | +€3,890 | +42.4% |
| Financial income | 75/76B | €1,694 | €3,198 | +€1,505 | +88.8% |
| Recurring financial income | 75 | €1,694 | €3,198 | +€1,505 | +88.8% |
| Financial charges | 65/66B | €132 | €342 | +€210 | +159% |
| Recurring financial charges | 65 | €132 | €342 | +€210 | +159% |
| Profit (loss) for the period before taxes | 9903 | €10,746 | €15,930 | +€5,185 | +48.2% |
| Income taxes | 67/77 | €3,520 | €3,406 | -€114 | -3.3% |
| Profit (loss) for the period | 9904 | €7,225 | €12,524 | +€5,299 | +73.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,225 | €12,524 | +€5,299 | +73.3% |
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 15 October 2026 via checked.be.