LOOK ART: 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.
LOOK ART
Largest movements
- Cash +€19,186
up €19,186 (+64.6%), from €29,705 to €48,891
mainly Net result for the year (+€16,345) and Tax, wage and social debts (+€4,151)
- Tangible fixed assets +€1,599
up €1,599 (+141%), from €1,134 to €2,733
- Profit (loss) carried forward +€16,345
up €16,345 (+56.9%), from €28,706 to €45,052
- Tax, wage and social debts +€4,151
up €4,151 (+134%), from €3,109 to €7,261
- Gross operating margin +€5,842
up €5,842 (+36.3%), from €16,073 to €21,916
- Taxes +€1,042
up €1,042 (+33.5%), from €3,109 to €4,151
- Depreciation +€911
up €911 (+2,181%), from €42 to €953
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 | €32,816 | €53,312 | +€20,497 | +62.5% |
| Fixed assets | 21/28 | €1,134 | €2,733 | +€1,599 | +141% |
| Tangible fixed assets | 22/27 | €1,134 | €2,733 | +€1,599 | +141% |
| Furniture and vehicles | 24 | €1,134 | €2,733 | +€1,599 | +141% |
| Current assets | 29/58 | €31,682 | €50,579 | +€18,897 | +59.6% |
| Amounts receivable within one year | 40/41 | €1,956 | €1,688 | -€268 | -13.7% |
| Trade receivables | 40 | €400 | - | -€400 | |
| Other amounts receivable | 41 | €1,556 | €1,688 | +€132 | +8.5% |
| Cash at bank and in hand | 54/58 | €29,705 | €48,891 | +€19,186 | +64.6% |
| Deferred charges and accrued income | 490/1 | €21 | - | -€21 | |
| Total equity and liabilities | 10/49 | €32,816 | €53,312 | +€20,497 | +62.5% |
| Equity | 10/15 | €29,706 | €46,052 | +€16,345 | +55.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,706 | €45,052 | +€16,345 | +56.9% |
| Amounts payable | 17/49 | €3,109 | €7,261 | +€4,151 | +134% |
| Amounts payable within one year | 42/48 | €3,109 | €7,261 | +€4,151 | +134% |
| Taxes, remuneration and social security | 45 | €3,109 | €7,261 | +€4,151 | +134% |
| Taxes | 450/3 | €3,109 | €7,261 | +€4,151 | +134% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42 | €953 | +€911 | +2,181% |
| Other operating charges | 640/8 | €408 | €400 | -€8 | -1.9% |
| Gross operating margin | 9900 | €16,073 | €21,916 | +€5,842 | +36.3% |
| Operating profit (loss) | 9901 | €15,624 | €20,563 | +€4,939 | +31.6% |
| Financial income | 75/76B | €72 | €87 | +€15 | +20.6% |
| Recurring financial income | 75 | €72 | €87 | +€15 | +20.6% |
| Financial charges | 65/66B | €27 | €154 | +€127 | +472% |
| Recurring financial charges | 65 | €27 | €154 | +€127 | +472% |
| Profit (loss) for the period before taxes | 9903 | €15,669 | €20,497 | +€4,827 | +30.8% |
| Income taxes | 67/77 | €3,109 | €4,151 | +€1,042 | +33.5% |
| Profit (loss) for the period | 9904 | €12,560 | €16,345 | +€3,785 | +30.1% |
| Profit (loss) for the period to be appropriated | 9905 | €12,560 | €16,345 | +€3,785 | +30.1% |
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 15 October 2026 via checked.be.