LE PETIT-BRIFFOEIL: 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.
LE PETIT-BRIFFOEIL
Largest movements
- Receivables within one year +€37,028
up €37,028 (+34.0%), from €108,925 to €145,953
of which Trade receivables: +€98,763
- Cash +€27,494
up €27,494 (+27.4%), from €100,347 to €127,840
mainly Net result for the year (+€96,606) and Depreciation (+€3,639)
- Stocks and contracts +€15,296
new in 2025: €15,296
- Tangible fixed assets -€2,978
down €2,978 (-30.1%), from €9,892 to €6,914
- Reserves +€96,606
up €96,606 (+88.2%), from €109,554 to €206,160
- Tax, wage and social debts -€16,338
down €16,338 (-27.0%), from €60,431 to €44,093
of which Taxes: -€16,338
- Current portion of long-term debt -€4,469
down €4,469 (-91.4%), from €4,888 to €419
- Gross operating margin +€72,468
up €72,468 (+136%), from €53,243 to €125,711
- Taxes +€15,427
up €15,427 (+151%), from €10,225 to €25,651
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 | €221,451 | €296,004 | +€74,552 | +33.7% |
| Fixed assets | 21/28 | €9,892 | €6,914 | -€2,978 | -30.1% |
| Tangible fixed assets | 22/27 | €9,892 | €6,914 | -€2,978 | -30.1% |
| Furniture and vehicles | 24 | €9,892 | €6,914 | -€2,978 | -30.1% |
| Current assets | 29/58 | €211,560 | €289,090 | +€77,530 | +36.6% |
| Stocks and contracts in progress | 3 | - | €15,296 | +€15,296 | |
| Stocks | 30/36 | - | €15,296 | +€15,296 | |
| Amounts receivable within one year | 40/41 | €108,925 | €145,953 | +€37,028 | +34.0% |
| Trade receivables | 40 | €47,190 | €145,953 | +€98,763 | +209% |
| Other amounts receivable | 41 | €61,735 | €0 | -€61,735 | -100% |
| Cash at bank and in hand | 54/58 | €100,347 | €127,840 | +€27,494 | +27.4% |
| Deferred charges and accrued income | 490/1 | €2,288 | €0 | -€2,288 | -100% |
| Total equity and liabilities | 10/49 | €221,451 | €296,004 | +€74,552 | +33.7% |
| Equity | 10/15 | €114,554 | €211,160 | +€96,606 | +84.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €109,554 | €206,160 | +€96,606 | +88.2% |
| Distributable reserves | 133 | €109,554 | €206,160 | +€96,606 | +88.2% |
| Amounts payable | 17/49 | €106,897 | €84,844 | -€22,053 | -20.6% |
| Amounts payable after more than one year | 17 | €419 | €0 | -€419 | -100% |
| Financial debts | 170/4 | €419 | €0 | -€419 | -100% |
| Amounts payable within one year | 42/48 | €106,478 | €84,844 | -€21,634 | -20.3% |
| Current portion of amounts payable after more than one year | 42 | €4,888 | €419 | -€4,469 | -91.4% |
| Trade debts | 44 | €36,387 | €37,958 | +€1,571 | +4.3% |
| Suppliers | 440/4 | €36,387 | €37,958 | +€1,571 | +4.3% |
| Taxes, remuneration and social security | 45 | €60,431 | €44,093 | -€16,338 | -27.0% |
| Taxes | 450/3 | €60,431 | €44,093 | -€16,338 | -27.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €4,771 | €2,374 | -€2,397 | -50.2% |
| Remuneration, social security and pensions | 62 | €33 | €0 | -€33 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,554 | €3,639 | +€85 | +2.4% |
| Other operating charges | 640/8 | €106 | €506 | +€400 | +376% |
| Gross operating margin | 9900 | €53,243 | €125,711 | +€72,468 | +136% |
| Operating profit (loss) | 9901 | €49,549 | €121,566 | +€72,017 | +145% |
| Financial income | 75/76B | €1,735 | €998 | -€738 | -42.5% |
| Recurring financial income | 75 | €1,735 | €998 | -€738 | -42.5% |
| Financial charges | 65/66B | €556 | €307 | -€249 | -44.8% |
| Recurring financial charges | 65 | €556 | €307 | -€249 | -44.8% |
| Profit (loss) for the period before taxes | 9903 | €50,729 | €122,257 | +€71,528 | +141% |
| Income taxes | 67/77 | €10,225 | €25,651 | +€15,427 | +151% |
| Profit (loss) for the period | 9904 | €40,504 | €96,606 | +€56,102 | +139% |
| Profit (loss) for the period to be appropriated | 9905 | €40,504 | €96,606 | +€56,102 | +139% |
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 25 October 2026 via checked.be.