Make the moment count: 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.
Make the moment count
Largest movements
- Receivables within one year +€8,809
up €8,809 (+419%), from €2,100 to €10,909
of which Trade receivables: +€7,924
- Cash -€7,183
down €7,183 (-55.5%), from €12,948 to €5,765
mainly Receivables within one year (-€8,809) and Investment in fixed assets (net) (-€5,659)
- Tangible fixed assets +€3,916
up €3,916 (+262%), from €1,492 to €5,409
of which Furniture and vehicles: +€4,302
- Deferred charges and accrued income +€1,139
up €1,139, from €0 to €1,139
- Current portion of long-term debt +€3,007
new in 2025: €3,007
- Reserves +€2,782
up €2,782 (+34.8%), from €7,984 to €10,766
- Trade debts +€2,102
up €2,102 (+60.9%), from €3,449 to €5,551
- Tax, wage and social debts -€1,664
down €1,664 (-59.8%), from €2,783 to €1,119
- Accrued charges and deferred income +€400
new in 2025: €400
- Depreciation +€952
up €952 (+121%), from €790 to €1,742
- Other operating charges +€869
up €869 (+120%), from €726 to €1,595
- Gross operating margin +€540
up €540 (+5.7%), from €9,437 to €9,977
- Financial charges +€247
up €247 (+176%), from €140 to €388
- Taxes -€106
down €106 (-3.0%), from €3,575 to €3,470
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 | €16,641 | €23,322 | +€6,681 | +40.1% |
| Fixed assets | 21/28 | €1,592 | €5,509 | +€3,916 | +246% |
| Tangible fixed assets | 22/27 | €1,492 | €5,409 | +€3,916 | +262% |
| Furniture and vehicles | 24 | €0 | €4,302 | +€4,302 | |
| Other tangible fixed assets | 26 | €1,492 | €1,107 | -€386 | -25.8% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €15,049 | €17,813 | +€2,764 | +18.4% |
| Amounts receivable within one year | 40/41 | €2,100 | €10,909 | +€8,809 | +419% |
| Trade receivables | 40 | €2,100 | €10,025 | +€7,924 | +377% |
| Other amounts receivable | 41 | - | €884 | +€884 | |
| Cash at bank and in hand | 54/58 | €12,948 | €5,765 | -€7,183 | -55.5% |
| Deferred charges and accrued income | 490/1 | €0 | €1,139 | +€1,139 | |
| Total equity and liabilities | 10/49 | €16,641 | €23,322 | +€6,681 | +40.1% |
| Equity | 10/15 | €9,984 | €12,766 | +€2,782 | +27.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €7,984 | €10,766 | +€2,782 | +34.8% |
| Distributable reserves | 133 | €7,984 | €10,766 | +€2,782 | +34.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €6,657 | €10,556 | +€3,899 | +58.6% |
| Amounts payable within one year | 42/48 | €6,657 | €10,156 | +€3,499 | +52.6% |
| Current portion of amounts payable after more than one year | 42 | - | €3,007 | +€3,007 | |
| Trade debts | 44 | €3,449 | €5,551 | +€2,102 | +60.9% |
| Suppliers | 440/4 | €3,449 | €5,551 | +€2,102 | +60.9% |
| Taxes, remuneration and social security | 45 | €2,783 | €1,119 | -€1,664 | -59.8% |
| Taxes | 450/3 | €2,783 | €1,119 | -€1,664 | -59.8% |
| Other amounts payable | 47/48 | €425 | €479 | +€54 | +12.7% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €790 | €1,742 | +€952 | +121% |
| Other operating charges | 640/8 | €726 | €1,595 | +€869 | +120% |
| Gross operating margin | 9900 | €9,437 | €9,977 | +€540 | +5.7% |
| Operating profit (loss) | 9901 | €7,920 | €6,639 | -€1,281 | -16.2% |
| Financial income | 75/76B | €4 | €0 | -€4 | -99.4% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -99.4% |
| Financial charges | 65/66B | €140 | €388 | +€247 | +176% |
| Recurring financial charges | 65 | €140 | €388 | +€247 | +176% |
| Profit (loss) for the period before taxes | 9903 | €7,783 | €6,252 | -€1,532 | -19.7% |
| Income taxes | 67/77 | €3,575 | €3,470 | -€106 | -3.0% |
| Profit (loss) for the period | 9904 | €4,208 | €2,782 | -€1,426 | -33.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,208 | €2,782 | -€1,426 | -33.9% |
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 14 October 2026 via checked.be.