Made with care: 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.
Made with care
Largest movements
- Cash +€60,784
up €60,784 (+237%), from €25,660 to €86,445
mainly Net result for the year (+€49,784) and Tax, wage and social debts (+€12,702)
- Profit (loss) carried forward +€49,784
up €49,784 (+273%), from €18,233 to €68,017
- Tax, wage and social debts +€12,702
up €12,702 (+208%), from €6,112 to €18,814
- Gross operating margin +€39,768
up €39,768 (+166%), from €23,902 to €63,671
- Taxes +€8,090
up €8,090 (+175%), from €4,612 to €12,702
- Depreciation +€1,188
up €1,188 (+42,728%), from €3 to €1,191
- Other operating charges -€765
no longer reported in 2025 (was €765)
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 | €28,900 | €90,471 | +€61,571 | +213% |
| Fixed assets | 21/28 | €3,042 | €3,829 | +€787 | +25.9% |
| Tangible fixed assets | 22/27 | €3,042 | €3,829 | +€787 | +25.9% |
| Furniture and vehicles | 24 | €3,042 | €3,829 | +€787 | +25.9% |
| Current assets | 29/58 | €25,858 | €86,642 | +€60,784 | +235% |
| Amounts receivable within one year | 40/41 | €197 | €197 | = | 0.0% |
| Other amounts receivable | 41 | €197 | €197 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €25,660 | €86,445 | +€60,784 | +237% |
| Total equity and liabilities | 10/49 | €28,900 | €90,471 | +€61,571 | +213% |
| Equity | 10/15 | €21,233 | €71,017 | +€49,784 | +234% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,233 | €68,017 | +€49,784 | +273% |
| Amounts payable | 17/49 | €7,667 | €19,454 | +€11,787 | +154% |
| Amounts payable within one year | 42/48 | €7,667 | €19,454 | +€11,787 | +154% |
| Trade debts | 44 | €847 | €400 | -€447 | -52.8% |
| Suppliers | 440/4 | €847 | €400 | -€447 | -52.8% |
| Taxes, remuneration and social security | 45 | €6,112 | €18,814 | +€12,702 | +208% |
| Taxes | 450/3 | €6,112 | €18,814 | +€12,702 | +208% |
| Other amounts payable | 47/48 | €708 | €240 | -€468 | -66.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3 | €1,191 | +€1,188 | +42,728% |
| Other operating charges | 640/8 | €765 | - | -€765 | |
| Gross operating margin | 9900 | €23,902 | €63,671 | +€39,768 | +166% |
| Operating profit (loss) | 9901 | €23,135 | €62,480 | +€39,345 | +170% |
| Financial income | 75/76B | €1 | €100 | +€99 | +10,118% |
| Recurring financial income | 75 | €1 | €100 | +€99 | +10,118% |
| Financial charges | 65/66B | €291 | €94 | -€197 | -67.5% |
| Recurring financial charges | 65 | €291 | €94 | -€197 | -67.5% |
| Profit (loss) for the period before taxes | 9903 | €22,845 | €62,486 | +€39,641 | +174% |
| Income taxes | 67/77 | €4,612 | €12,702 | +€8,090 | +175% |
| Profit (loss) for the period | 9904 | €18,233 | €49,784 | +€31,551 | +173% |
| Profit (loss) for the period to be appropriated | 9905 | €18,233 | €49,784 | +€31,551 | +173% |
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.