LITERAAL: 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.
LITERAAL
Largest movements
- Receivables within one year +€66,855
up €66,855 (+96.3%), from €69,448 to €136,303
of which Trade receivables: +€49,221
- Cash -€31,064
down €31,064 (-74.7%), from €41,598 to €10,534
mainly Receivables within one year (-€66,855) and Investment in fixed assets (net) (-€30,760)
- Tangible fixed assets +€20,439
up €20,439 (+311%), from €6,566 to €27,005
of which Furniture and vehicles: +€22,755
- Intangible fixed assets -€5,000
down €5,000 (-11.1%), from €45,000 to €40,000
- Deferred charges and accrued income +€3,052
new in 2025: €3,052
- Profit (loss) carried forward +€21,831
up €21,831 (+13.7%), from €159,900 to €181,731
- Debts after one year +€18,912
new in 2025: €18,912
- Trade debts +€4,781
up €4,781 (+2,255%), from €212 to €4,993
- Tax, wage and social debts +€4,401
new in 2025: €4,401
- Current portion of long-term debt +€4,357
new in 2025: €4,357
- Gross operating margin -€90,072
down €90,072 (-53.7%), from €167,725 to €77,653
- Turnover -€67,615
down €67,615 (-28.9%), from €234,048 to €166,433
- Taxes +€40,337
new in 2025: €40,337
- Purchases and services +€22,457
up €22,457 (+33.9%), from €66,323 to €88,780
- Depreciation +€7,773
up €7,773 (+103%), from €7,548 to €15,321
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 | €162,612 | €216,894 | +€54,282 | +33.4% |
| Fixed assets | 21/28 | €51,566 | €67,005 | +€15,439 | +29.9% |
| Intangible fixed assets | 21 | €45,000 | €40,000 | -€5,000 | -11.1% |
| Tangible fixed assets | 22/27 | €6,566 | €27,005 | +€20,439 | +311% |
| Plant, machinery and equipment | 23 | €5,176 | €2,860 | -€2,316 | -44.7% |
| Furniture and vehicles | 24 | €1,390 | €24,145 | +€22,755 | +1,637% |
| Current assets | 29/58 | €111,046 | €149,889 | +€38,843 | +35.0% |
| Amounts receivable within one year | 40/41 | €69,448 | €136,303 | +€66,855 | +96.3% |
| Trade receivables | 40 | €10,439 | €59,660 | +€49,221 | +472% |
| Other amounts receivable | 41 | €59,009 | €76,643 | +€17,634 | +29.9% |
| Cash at bank and in hand | 54/58 | €41,598 | €10,534 | -€31,064 | -74.7% |
| Deferred charges and accrued income | 490/1 | - | €3,052 | +€3,052 | |
| Total equity and liabilities | 10/49 | €162,612 | €216,894 | +€54,282 | +33.4% |
| Equity | 10/15 | €162,400 | €184,231 | +€21,831 | +13.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €159,900 | €181,731 | +€21,831 | +13.7% |
| Amounts payable | 17/49 | €212 | €32,663 | +€32,451 | +15,307% |
| Amounts payable after more than one year | 17 | - | €18,912 | +€18,912 | |
| Financial debts | 170/4 | - | €18,912 | +€18,912 | |
| Amounts payable within one year | 42/48 | €212 | €13,751 | +€13,539 | +6,386% |
| Current portion of amounts payable after more than one year | 42 | - | €4,357 | +€4,357 | |
| Trade debts | 44 | €212 | €4,993 | +€4,781 | +2,255% |
| Suppliers | 440/4 | €212 | €4,993 | +€4,781 | +2,255% |
| Taxes, remuneration and social security | 45 | - | €4,401 | +€4,401 | |
| Taxes | 450/3 | - | €4,401 | +€4,401 | |
| Turnover | 70 | €234,048 | €166,433 | -€67,615 | -28.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €66,323 | €88,780 | +€22,457 | +33.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,548 | €15,321 | +€7,773 | +103% |
| Other operating charges | 640/8 | €171 | €164 | -€7 | -4.1% |
| Gross operating margin | 9900 | €167,725 | €77,653 | -€90,072 | -53.7% |
| Operating profit (loss) | 9901 | €160,006 | €62,168 | -€97,838 | -61.1% |
| Financial charges | 65/66B | €106 | - | -€106 | |
| Recurring financial charges | 65 | €106 | - | -€106 | |
| Profit (loss) for the period before taxes | 9903 | €159,900 | €62,168 | -€97,732 | -61.1% |
| Income taxes | 67/77 | - | €40,337 | +€40,337 | |
| Profit (loss) for the period | 9904 | €159,900 | €21,831 | -€138,069 | -86.3% |
| Profit (loss) for the period to be appropriated | 9905 | €159,900 | €21,831 | -€138,069 | -86.3% |
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 17 October 2026 via checked.be.