Laura Corbett: 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.
Laura Corbett
Largest movements
- Cash +€2,663
up €2,663 (+11.0%), from €24,217 to €26,880
mainly Other debts (+€2,744)
- Other debts +€2,744
up €2,744 (+12.4%), from €22,123 to €24,867
- Depreciation -€1,139
no longer reported in 2025 (was €1,139)
- Other operating charges +€389
up €389 (+330%), from €118 to €507
- Gross operating margin +€386
up €386 (+453%), from €85 to €471
- Financial income +€49
up €49 (+1,938%), from €3 to €52
- Financial charges -€10
down €10 (-9.0%), from €106 to €96
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 | €25,719 | €28,382 | +€2,663 | +10.4% |
| Fixed assets | 21/28 | €1,502 | €1,502 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,502 | €1,502 | = | 0.0% |
| Plant, machinery and equipment | 23 | €71 | €71 | = | 0.0% |
| Furniture and vehicles | 24 | €1,424 | €1,424 | = | 0.0% |
| Other tangible fixed assets | 26 | €7 | €7 | = | 0.0% |
| Current assets | 29/58 | €24,217 | €26,880 | +€2,663 | +11.0% |
| Cash at bank and in hand | 54/58 | €24,217 | €26,880 | +€2,663 | +11.0% |
| Total equity and liabilities | 10/49 | €25,719 | €28,382 | +€2,663 | +10.4% |
| Equity | 10/15 | €3,596 | €3,515 | -€81 | -2.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,004 | -€15,085 | -€81 | -0.5% |
| Amounts payable | 17/49 | €22,123 | €24,867 | +€2,744 | +12.4% |
| Amounts payable within one year | 42/48 | €22,123 | €24,867 | +€2,744 | +12.4% |
| Other amounts payable | 47/48 | €22,123 | €24,867 | +€2,744 | +12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,139 | - | -€1,139 | |
| Other operating charges | 640/8 | €118 | €507 | +€389 | +330% |
| Gross operating margin | 9900 | €85 | €471 | +€386 | +453% |
| Operating profit (loss) | 9901 | -€1,172 | -€37 | +€1,135 | +96.9% |
| Financial income | 75/76B | €3 | €52 | +€49 | +1,938% |
| Recurring financial income | 75 | €3 | €52 | +€49 | +1,938% |
| Financial charges | 65/66B | €106 | €96 | -€10 | -9.0% |
| Recurring financial charges | 65 | €106 | €96 | -€10 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,275 | -€81 | +€1,194 | +93.7% |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | -€1,275 | -€81 | +€1,195 | +93.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,275 | -€81 | +€1,195 | +93.7% |
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 20 October 2026 via checked.be.