Maxime Schnaphauf: 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.
Maxime Schnaphauf
Largest movements
- Cash +€11,476
up €11,476 (+175%), from €6,545 to €18,021
mainly Receivables within one year (+€5,677) and Net result for the year (+€4,939)
- Receivables within one year -€5,677
no longer reported in 2025 (was €5,677)
of which Other amounts receivable: -€4,096
- Deferred charges and accrued income +€3,555
new in 2025: €3,555
- Profit (loss) carried forward +€4,939
up €4,939 (+179%), from €2,757 to €7,697
- Tax, wage and social debts +€2,170
new in 2025: €2,170
- Trade debts +€1,209
up €1,209 (+41.1%), from €2,944 to €4,153
- Other debts +€1,035
up €1,035 (+68.1%), from €1,521 to €2,556
- Gross operating margin +€3,527
up €3,527 (+93.3%), from €3,779 to €7,306
- Taxes +€1,277
up €1,277 (+141%), from €904 to €2,181
- Financial charges +€75
new in 2025: €75
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 | €12,222 | €21,575 | +€9,354 | +76.5% |
| Current assets | 29/58 | €12,222 | €21,575 | +€9,354 | +76.5% |
| Amounts receivable within one year | 40/41 | €5,677 | - | -€5,677 | |
| Trade receivables | 40 | €1,581 | - | -€1,581 | |
| Other amounts receivable | 41 | €4,096 | - | -€4,096 | |
| Cash at bank and in hand | 54/58 | €6,545 | €18,021 | +€11,476 | +175% |
| Deferred charges and accrued income | 490/1 | - | €3,555 | +€3,555 | |
| Total equity and liabilities | 10/49 | €12,222 | €21,575 | +€9,354 | +76.5% |
| Equity | 10/15 | €7,757 | €12,697 | +€4,939 | +63.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,757 | €7,697 | +€4,939 | +179% |
| Amounts payable | 17/49 | €4,465 | €8,879 | +€4,414 | +98.9% |
| Amounts payable within one year | 42/48 | €4,465 | €8,879 | +€4,414 | +98.9% |
| Trade debts | 44 | €2,944 | €4,153 | +€1,209 | +41.1% |
| Suppliers | 440/4 | €2,944 | €4,153 | +€1,209 | +41.1% |
| Taxes, remuneration and social security | 45 | - | €2,170 | +€2,170 | |
| Taxes | 450/3 | - | €2,170 | +€2,170 | |
| Other amounts payable | 47/48 | €1,521 | €2,556 | +€1,035 | +68.1% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €3,779 | €7,306 | +€3,527 | +93.3% |
| Operating profit (loss) | 9901 | €3,661 | €7,186 | +€3,525 | +96.3% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | - | €75 | +€75 | |
| Recurring financial charges | 65 | - | €75 | +€75 | |
| Profit (loss) for the period before taxes | 9903 | €3,661 | €7,121 | +€3,460 | +94.5% |
| Income taxes | 67/77 | €904 | €2,181 | +€1,277 | +141% |
| Profit (loss) for the period | 9904 | €2,757 | €4,939 | +€2,182 | +79.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,757 | €4,939 | +€2,182 | +79.1% |
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 25 October 2026 via checked.be.