March6: 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.
March6
Largest movements
- Current investments -€148,566
down €148,566 (-72.1%), from €206,126 to €57,560
- Cash +€20,446
up €20,446 (+64.5%), from €31,708 to €52,154
mainly Current investments (+€148,566) and Net result for the year (+€138,984)
- Receivables within one year +€5,441
up €5,441 (+34.8%), from €15,654 to €21,095
of which Other amounts receivable: +€5,296
- Profit (loss) carried forward -€165,536
down €165,536 (-89.7%), from €184,583 to €19,046
- Other debts +€68,986
new in 2025: €68,986
- Tax, wage and social debts -€29,298
down €29,298 (-40.3%), from €72,691 to €43,392
- Gross operating margin +€30,092
up €30,092 (+21.5%), from €140,005 to €170,097
- Financial income +€10,252
up €10,252 (+1,166%), from €879 to €11,131
- Taxes +€8,050
up €8,050 (+26.4%), from €30,472 to €38,522
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 | €262,295 | €136,810 | -€125,485 | -47.8% |
| Fixed assets | 21/28 | €7,860 | €5,256 | -€2,604 | -33.1% |
| Tangible fixed assets | 22/27 | €4,768 | €2,164 | -€2,604 | -54.6% |
| Furniture and vehicles | 24 | €4,768 | €2,164 | -€2,604 | -54.6% |
| Financial fixed assets | 28 | €3,092 | €3,092 | = | 0.0% |
| Current assets | 29/58 | €254,435 | €131,554 | -€122,881 | -48.3% |
| Amounts receivable within one year | 40/41 | €15,654 | €21,095 | +€5,441 | +34.8% |
| Trade receivables | 40 | €15,654 | €15,799 | +€145 | +0.9% |
| Other amounts receivable | 41 | - | €5,296 | +€5,296 | |
| Current investments | 50/53 | €206,126 | €57,560 | -€148,566 | -72.1% |
| Cash at bank and in hand | 54/58 | €31,708 | €52,154 | +€20,446 | +64.5% |
| Deferred charges and accrued income | 490/1 | €946 | €744 | -€202 | -21.4% |
| Total equity and liabilities | 10/49 | €262,295 | €136,810 | -€125,485 | -47.8% |
| Equity | 10/15 | €189,583 | €24,046 | -€165,536 | -87.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €184,583 | €19,046 | -€165,536 | -89.7% |
| Amounts payable | 17/49 | €72,712 | €112,763 | +€40,051 | +55.1% |
| Amounts payable within one year | 42/48 | €72,712 | €112,763 | +€40,051 | +55.1% |
| Trade debts | 44 | €21 | €385 | +€364 | +1,703% |
| Suppliers | 440/4 | €21 | €385 | +€364 | +1,703% |
| Taxes, remuneration and social security | 45 | €72,691 | €43,392 | -€29,298 | -40.3% |
| Taxes | 450/3 | €72,691 | €43,392 | -€29,298 | -40.3% |
| Other amounts payable | 47/48 | - | €68,986 | +€68,986 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,604 | €2,604 | = | 0.0% |
| Other operating charges | 640/8 | €859 | €1,047 | +€189 | +22.0% |
| Gross operating margin | 9900 | €140,005 | €170,097 | +€30,092 | +21.5% |
| Operating profit (loss) | 9901 | €136,542 | €166,445 | +€29,903 | +21.9% |
| Financial income | 75/76B | €879 | €11,131 | +€10,252 | +1,166% |
| Recurring financial income | 75 | €879 | €11,131 | +€10,252 | +1,166% |
| Financial charges | 65/66B | €67 | €70 | +€2 | +3.7% |
| Recurring financial charges | 65 | €67 | €70 | +€2 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | €137,353 | €177,506 | +€40,153 | +29.2% |
| Income taxes | 67/77 | €30,472 | €38,522 | +€8,050 | +26.4% |
| Profit (loss) for the period | 9904 | €106,881 | €138,984 | +€32,103 | +30.0% |
| Profit (loss) for the period to be appropriated | 9905 | €106,881 | €138,984 | +€32,103 | +30.0% |
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 30 October 2026 via checked.be.