Losing my edge: 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.
Losing my edge
Largest movements
- Receivables within one year +€53,929
up €53,929 (+101%), from €53,650 to €107,579
of which Other amounts receivable: +€49,188
- Receivables after one year -€26,000
down €26,000 (-100%), from €26,000 to €0
- Cash +€9,888
up €9,888 (+242%), from €4,079 to €13,967
mainly Net result for the year (+€35,983) and Receivables after one year (+€26,000)
- Tangible fixed assets -€8,130
down €8,130 (-47.2%), from €17,222 to €9,092
of which Furniture and vehicles: -€7,856
- Deferred charges and accrued income +€2,282
new in 2025: €2,282
- Profit (loss) carried forward +€25,983
up €25,983 (+85.2%), from €30,514 to €56,497
- Other debts +€10,000
new in 2025: €10,000
- Trade debts -€8,985
down €8,985 (-60.8%), from €14,790 to €5,805
- Tax, wage and social debts +€5,392
up €5,392 (+24.1%), from €22,373 to €27,765
- Gross operating margin +€30,118
up €30,118 (+118%), from €25,483 to €55,601
- Taxes +€9,719
up €9,719 (+152%), from €6,412 to €16,130
- Financial charges -€3,296
down €3,296 (-63.3%), from €5,207 to €1,910
- Depreciation +€1,100
up €1,100 (+58.2%), from €1,889 to €2,989
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 | €100,951 | €132,920 | +€31,969 | +31.7% |
| Fixed assets | 21/28 | €17,222 | €9,092 | -€8,130 | -47.2% |
| Tangible fixed assets | 22/27 | €17,222 | €9,092 | -€8,130 | -47.2% |
| Plant, machinery and equipment | 23 | €1,338 | €1,064 | -€274 | -20.5% |
| Furniture and vehicles | 24 | €15,884 | €8,028 | -€7,856 | -49.5% |
| Current assets | 29/58 | €83,728 | €123,828 | +€40,099 | +47.9% |
| Amounts receivable after more than one year | 29 | €26,000 | €0 | -€26,000 | -100% |
| Other amounts receivable | 291 | €26,000 | €0 | -€26,000 | -100% |
| Amounts receivable within one year | 40/41 | €53,650 | €107,579 | +€53,929 | +101% |
| Trade receivables | 40 | €12,277 | €17,018 | +€4,741 | +38.6% |
| Other amounts receivable | 41 | €41,373 | €90,561 | +€49,188 | +119% |
| Cash at bank and in hand | 54/58 | €4,079 | €13,967 | +€9,888 | +242% |
| Deferred charges and accrued income | 490/1 | - | €2,282 | +€2,282 | |
| Total equity and liabilities | 10/49 | €100,951 | €132,920 | +€31,969 | +31.7% |
| Equity | 10/15 | €63,214 | €89,197 | +€25,983 | +41.1% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €31,200 | €31,200 | = | 0.0% |
| Distributable reserves | 133 | €31,200 | €31,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,514 | €56,497 | +€25,983 | +85.2% |
| Amounts payable | 17/49 | €37,737 | €43,723 | +€5,986 | +15.9% |
| Amounts payable within one year | 42/48 | €37,737 | €43,723 | +€5,986 | +15.9% |
| Financial debts | 43 | €574 | €153 | -€421 | -73.4% |
| Credit institutions | 430/8 | €574 | €153 | -€421 | -73.4% |
| Trade debts | 44 | €14,790 | €5,805 | -€8,985 | -60.8% |
| Suppliers | 440/4 | €14,790 | €5,805 | -€8,985 | -60.8% |
| Taxes, remuneration and social security | 45 | €22,373 | €27,765 | +€5,392 | +24.1% |
| Taxes | 450/3 | €22,373 | €27,765 | +€5,392 | +24.1% |
| Other amounts payable | 47/48 | - | €10,000 | +€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,889 | €2,989 | +€1,100 | +58.2% |
| Other operating charges | 640/8 | €994 | €1,012 | +€18 | +1.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €25,483 | €55,601 | +€30,118 | +118% |
| Operating profit (loss) | 9901 | €22,600 | €51,600 | +€29,000 | +128% |
| Financial income | 75/76B | €2,687 | €2,424 | -€263 | -9.8% |
| Recurring financial income | 75 | €2,687 | €2,424 | -€263 | -9.8% |
| Financial charges | 65/66B | €5,207 | €1,910 | -€3,296 | -63.3% |
| Recurring financial charges | 65 | €5,207 | €1,910 | -€3,296 | -63.3% |
| Profit (loss) for the period before taxes | 9903 | €20,081 | €52,114 | +€32,033 | +160% |
| Income taxes | 67/77 | €6,412 | €16,130 | +€9,719 | +152% |
| Profit (loss) for the period | 9904 | €13,669 | €35,983 | +€22,314 | +163% |
| Profit (loss) for the period to be appropriated | 9905 | €13,669 | €35,983 | +€22,314 | +163% |
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 29 October 2026 via checked.be.