Mad Move: what changed
Two fiscal 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.
Mad Move
Largest movements
- Cash +€11,359
up €11,359 (+38.8%), from €29,251 to €40,610
mainly Net result for the year (+€25,047) and Depreciation (+€1,011)
- Receivables within one year +€2,113
up €2,113 (+9.4%), from €22,554 to €24,667
of which Trade receivables: +€2,088
- Profit (loss) carried forward +€25,047
up €25,047 (+98.2%), from €25,502 to €50,549
- Other debts -€5,007
down €5,007 (-69.7%), from €7,180 to €2,173
- Tax, wage and social debts -€4,005
down €4,005 (-20.9%), from €19,158 to €15,153
of which Remuneration and social security: -€2,199
- Trade debts -€2,095
down €2,095 (-71.9%), from €2,915 to €820
- Gross operating margin +€10,291
up €10,291 (+43.1%), from €23,853 to €34,143
- Write-downs -€2,510
down €2,510, from €2,139 to -€371
- Taxes +€1,471
up €1,471 (+24.3%), from €6,041 to €7,512
- Depreciation +€595
up €595 (+143.2%), from €416 to €1,011
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 | €57,854 | €71,795 | +€13,941 | +24.1% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €4,402 | €4,390 | -€11 | -0.3% |
| Tangible fixed assets | 22/27 | €4,402 | €4,390 | -€11 | -0.3% |
| Plant, machinery and equipment | 23 | €1,430 | €1,107 | -€323 | -22.6% |
| Furniture and vehicles | 24 | €2,972 | €3,283 | +€311 | +10.5% |
| Current assets | 29/58 | €53,452 | €67,405 | +€13,952 | +26.1% |
| Amounts receivable within one year | 40/41 | €22,554 | €24,667 | +€2,113 | +9.4% |
| Trade receivables | 40 | €22,554 | €24,642 | +€2,088 | +9.3% |
| Other amounts receivable | 41 | - | €25 | +€25 | |
| Cash at bank and in hand | 54/58 | €29,251 | €40,610 | +€11,359 | +38.8% |
| Deferred charges and accrued income | 490/1 | €1,647 | €2,128 | +€480 | +29.2% |
| Total equity and liabilities | 10/49 | €57,854 | €71,795 | +€13,941 | +24.1% |
| Equity | 10/15 | €28,002 | €53,049 | +€25,047 | +89.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,502 | €50,549 | +€25,047 | +98.2% |
| Amounts payable | 17/49 | €29,852 | €18,746 | -€11,106 | -37.2% |
| Amounts payable within one year | 42/48 | €29,252 | €18,146 | -€11,106 | -38.0% |
| Trade debts | 44 | €2,915 | €820 | -€2,095 | -71.9% |
| Suppliers | 440/4 | €2,915 | €820 | -€2,095 | -71.9% |
| Taxes, remuneration and social security | 45 | €19,158 | €15,153 | -€4,005 | -20.9% |
| Taxes | 450/3 | €14,629 | €12,823 | -€1,806 | -12.3% |
| Remuneration and social security | 454/9 | €4,529 | €2,330 | -€2,199 | -48.6% |
| Other amounts payable | 47/48 | €7,180 | €2,173 | -€5,007 | -69.7% |
| Accrued charges and deferred income | 492/3 | €600 | €600 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €416 | €1,011 | +€595 | +143.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,139 | -€371 | -€2,510 | |
| Other operating charges | 640/8 | €950 | €729 | -€221 | -23.3% |
| Gross operating margin | 9900 | €23,853 | €34,143 | +€10,291 | +43.1% |
| Operating profit (loss) | 9901 | €20,348 | €32,774 | +€12,426 | +61.1% |
| Financial income | 75/76B | €1 | €0 | -€1 | -83.3% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -83.3% |
| Financial charges | 65/66B | €242 | €216 | -€26 | -10.8% |
| Recurring financial charges | 65 | €242 | €216 | -€26 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €20,107 | €32,559 | +€12,452 | +61.9% |
| Income taxes | 67/77 | €6,041 | €7,512 | +€1,471 | +24.3% |
| Profit (loss) for the period | 9904 | €14,066 | €25,047 | +€10,981 | +78.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,066 | €25,047 | +€10,981 | +78.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.