Longshot: what changed
Longshot
Largest movements
- Cash +€15,354
up €15,354 (+21.2%), from €72,504 to €87,858
mainly Net result for the year (+€17,736) and Trade debts (+€9,295)
- Receivables within one year +€14,431
up €14,431 (+120%), from €12,046 to €26,476
of which Trade receivables: +€14,300
- Tangible fixed assets -€1,196
down €1,196 (-34.4%), from €3,475 to €2,279
- Reserves +€17,736
up €17,736 (+29.7%), from €59,704 to €77,439
- Trade debts +€9,295
up €9,295 (+144%), from €6,445 to €15,740
- Tax, wage and social debts +€1,558
up €1,558 (+8.3%), from €18,876 to €20,434
- Gross operating margin +€4,489
up €4,489 (+21.6%), from €20,817 to €25,306
- Taxes +€916
up €916 (+18.7%), from €4,903 to €5,818
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €88,025 | €116,614 | +€28,589 | +32.5% |
| Fixed assets | 21/28 | €3,475 | €2,279 | -€1,196 | -34.4% |
| Tangible fixed assets | 22/27 | €3,475 | €2,279 | -€1,196 | -34.4% |
| Furniture and vehicles | 24 | €3,475 | €2,279 | -€1,196 | -34.4% |
| Current assets | 29/58 | €84,550 | €114,335 | +€29,785 | +35.2% |
| Amounts receivable within one year | 40/41 | €12,046 | €26,476 | +€14,431 | +120% |
| Trade receivables | 40 | €10,940 | €25,240 | +€14,300 | +131% |
| Other amounts receivable | 41 | €1,106 | €1,236 | +€130 | +11.8% |
| Cash at bank and in hand | 54/58 | €72,504 | €87,858 | +€15,354 | +21.2% |
| Total equity and liabilities | 10/49 | €88,025 | €116,614 | +€28,589 | +32.5% |
| Equity | 10/15 | €62,704 | €80,439 | +€17,736 | +28.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €59,704 | €77,439 | +€17,736 | +29.7% |
| Distributable reserves | 133 | €59,704 | €77,439 | +€17,736 | +29.7% |
| Amounts payable | 17/49 | €25,322 | €36,175 | +€10,853 | +42.9% |
| Amounts payable within one year | 42/48 | €25,322 | €36,175 | +€10,853 | +42.9% |
| Trade debts | 44 | €6,445 | €15,740 | +€9,295 | +144% |
| Suppliers | 440/4 | €6,445 | €15,740 | +€9,295 | +144% |
| Taxes, remuneration and social security | 45 | €18,876 | €20,434 | +€1,558 | +8.3% |
| Taxes | 450/3 | €18,876 | €20,434 | +€1,558 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,010 | €1,196 | +€186 | +18.4% |
| Other operating charges | 640/8 | €525 | €593 | +€68 | +13.0% |
| Gross operating margin | 9900 | €20,817 | €25,306 | +€4,489 | +21.6% |
| Operating profit (loss) | 9901 | €19,282 | €23,517 | +€4,235 | +22.0% |
| Financial income | 75/76B | €75 | €152 | +€78 | +104% |
| Recurring financial income | 75 | €75 | €152 | +€78 | +104% |
| Financial charges | 65/66B | €112 | €115 | +€4 | +3.4% |
| Recurring financial charges | 65 | €112 | €115 | +€4 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €19,245 | €23,554 | +€4,309 | +22.4% |
| Income taxes | 67/77 | €4,903 | €5,818 | +€916 | +18.7% |
| Profit (loss) for the period | 9904 | €14,342 | €17,736 | +€3,394 | +23.7% |
| Profit (loss) for the period to be appropriated | 9905 | €14,342 | €17,736 | +€3,394 | +23.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.