Manage-It: 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.
Manage-It
Largest movements
- Current investments +€24,000
up €24,000 (+70.6%), from €34,000 to €58,000
- Tangible fixed assets -€7,743
down €7,743 (-33.8%), from €22,925 to €15,182
- Receivables within one year -€6,381
down €6,381 (-4.4%), from €145,730 to €139,349
of which Trade receivables: -€6,248
- Profit (loss) carried forward +€6,009
up €6,009 (+3.5%), from €173,765 to €179,774
- Financial charges +€14,498
up €14,498 (+3,227%), from €449 to €14,947
- Gross operating margin +€4,805
up €4,805 (+18.1%), from €26,613 to €31,417
- Taxes -€2,153
down €2,153 (-54.3%), from €3,963 to €1,810
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 | €206,071 | €214,149 | +€8,078 | +3.9% |
| Fixed assets | 21/28 | €22,925 | €15,182 | -€7,743 | -33.8% |
| Tangible fixed assets | 22/27 | €22,925 | €15,182 | -€7,743 | -33.8% |
| Furniture and vehicles | 24 | €22,925 | €15,182 | -€7,743 | -33.8% |
| Current assets | 29/58 | €183,146 | €198,967 | +€15,821 | +8.6% |
| Amounts receivable within one year | 40/41 | €145,730 | €139,349 | -€6,381 | -4.4% |
| Trade receivables | 40 | €38,433 | €32,184 | -€6,248 | -16.3% |
| Other amounts receivable | 41 | €107,297 | €107,164 | -€133 | -0.1% |
| Current investments | 50/53 | €34,000 | €58,000 | +€24,000 | +70.6% |
| Cash at bank and in hand | 54/58 | €3,416 | €1,618 | -€1,798 | -52.6% |
| Total equity and liabilities | 10/49 | €206,071 | €214,149 | +€8,078 | +3.9% |
| Equity | 10/15 | €194,216 | €200,225 | +€6,009 | +3.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €173,765 | €179,774 | +€6,009 | +3.5% |
| Amounts payable | 17/49 | €11,855 | €13,924 | +€2,069 | +17.5% |
| Amounts payable within one year | 42/48 | €11,855 | €13,924 | +€2,069 | +17.5% |
| Trade debts | 44 | - | €204 | +€204 | |
| Suppliers | 440/4 | - | €204 | +€204 | |
| Taxes, remuneration and social security | 45 | €11,855 | €13,720 | +€1,866 | +15.7% |
| Taxes | 450/3 | €11,855 | €13,720 | +€1,866 | +15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,743 | €7,743 | = | 0.0% |
| Other operating charges | 640/8 | €1,000 | €908 | -€92 | -9.2% |
| Gross operating margin | 9900 | €26,613 | €31,417 | +€4,805 | +18.1% |
| Operating profit (loss) | 9901 | €17,870 | €22,767 | +€4,897 | +27.4% |
| Financial charges | 65/66B | €449 | €14,947 | +€14,498 | +3,227% |
| Recurring financial charges | 65 | €449 | €14,947 | +€14,498 | +3,227% |
| Profit (loss) for the period before taxes | 9903 | €17,421 | €7,819 | -€9,601 | -55.1% |
| Income taxes | 67/77 | €3,963 | €1,810 | -€2,153 | -54.3% |
| Profit (loss) for the period | 9904 | €13,457 | €6,009 | -€7,449 | -55.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,457 | €6,009 | -€7,449 | -55.3% |
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 19 October 2026 via checked.be.