LOGIC TOOLS: 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.
LOGIC TOOLS
Largest movements
- Cash +€186,301
up €186,301 (+102.2%), from €182,255 to €368,556
mainly Net result for the year (+€181,867) and Tax, wage and social debts (+€47,780)
- Receivables within one year -€45,385
down €45,385 (-31.4%), from €144,674 to €99,289
of which Trade receivables: -€54,997
- Intangible fixed assets -€20,000
down €20,000 (-12.1%), from €165,644 to €145,644
- Profit (loss) carried forward +€181,867
up €181,867 (+207.7%), from €87,557 to €269,424
- Trade debts -€58,676
down €58,676 (-69.8%), from €84,004 to €25,328
- Tax, wage and social debts +€47,780
up €47,780 (+76.9%), from €62,114 to €109,894
of which Taxes: +€39,820
- Accrued charges and deferred income -€25,185
down €25,185 (-43.8%), from €57,542 to €32,357
- Debts after one year -€25,000
down €25,000 (-14.3%), from €175,000 to €150,000
- Gross operating margin +€301,026
up €301,026 (+91.3%), from €329,798 to €630,824
- Staff costs +€162,929
up €162,929 (+85.2%), from €191,316 to €354,245
- Taxes +€39,800
up €39,800 (+143.2%), from €27,798 to €67,598
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.
Cash bridge derived
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 | €496,916 | €617,819 | +€120,903 | +24.3% |
| Fixed assets | 21/28 | €169,527 | €149,294 | -€20,233 | -11.9% |
| Intangible fixed assets | 21 | €165,644 | €145,644 | -€20,000 | -12.1% |
| Tangible fixed assets | 22/27 | €3,824 | €3,590 | -€233 | -6.1% |
| Furniture and vehicles | 24 | €3,824 | €3,590 | -€233 | -6.1% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €327,388 | €468,525 | +€141,137 | +43.1% |
| Amounts receivable within one year | 40/41 | €144,674 | €99,289 | -€45,385 | -31.4% |
| Trade receivables | 40 | €136,838 | €81,841 | -€54,997 | -40.2% |
| Other amounts receivable | 41 | €7,836 | €17,449 | +€9,612 | +122.7% |
| Cash at bank and in hand | 54/58 | €182,255 | €368,556 | +€186,301 | +102.2% |
| Deferred charges and accrued income | 490/1 | €460 | €680 | +€220 | +47.9% |
| Total equity and liabilities | 10/49 | €496,916 | €617,819 | +€120,903 | +24.3% |
| Equity | 10/15 | €92,557 | €274,424 | +€181,867 | +196.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €87,557 | €269,424 | +€181,867 | +207.7% |
| Amounts payable | 17/49 | €404,359 | €343,395 | -€60,964 | -15.1% |
| Amounts payable after more than one year | 17 | €175,000 | €150,000 | -€25,000 | -14.3% |
| Financial debts | 170/4 | €175,000 | €150,000 | -€25,000 | -14.3% |
| Amounts payable within one year | 42/48 | €171,817 | €161,039 | -€10,779 | -6.3% |
| Current portion of amounts payable after more than one year | 42 | €25,000 | €25,000 | = | 0.0% |
| Trade debts | 44 | €84,004 | €25,328 | -€58,676 | -69.8% |
| Suppliers | 440/4 | €84,004 | €25,328 | -€58,676 | -69.8% |
| Taxes, remuneration and social security | 45 | €62,114 | €109,894 | +€47,780 | +76.9% |
| Taxes | 450/3 | €27,798 | €67,618 | +€39,820 | +143.3% |
| Remuneration and social security | 454/9 | €34,316 | €42,276 | +€7,960 | +23.2% |
| Other amounts payable | 47/48 | €700 | €817 | +€117 | +16.8% |
| Accrued charges and deferred income | 492/3 | €57,542 | €32,357 | -€25,185 | -43.8% |
| Remuneration, social security and pensions | 62 | €191,316 | €354,245 | +€162,929 | +85.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,129 | €21,547 | +€1,418 | +7.0% |
| Other operating charges | 640/8 | €387 | €480 | +€93 | +23.9% |
| Gross operating margin | 9900 | €329,798 | €630,824 | +€301,026 | +91.3% |
| Operating profit (loss) | 9901 | €117,965 | €254,552 | +€136,587 | +115.8% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €8,308 | €5,090 | -€3,219 | -38.7% |
| Recurring financial charges | 65 | €8,308 | €5,090 | -€3,219 | -38.7% |
| Profit (loss) for the period before taxes | 9903 | €109,657 | €249,465 | +€139,808 | +127.5% |
| Income taxes | 67/77 | €27,798 | €67,598 | +€39,800 | +143.2% |
| Profit (loss) for the period | 9904 | €81,859 | €181,867 | +€100,008 | +122.2% |
| Profit (loss) for the period to be appropriated | 9905 | €81,859 | €181,867 | +€100,008 | +122.2% |
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 11 October 2026 via checked.be.