Mind the Gap: 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.
What changed
Mind the Gap
NACE 62.200, Computer consultancy and computer facilities management
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€153,097
2024 · €176,244-€23,147
Equity
€1.1m
2024 · €931,741+€153,097
Cash
€5,797
2024 · €5,669+€127
Balance sheet total
€1.4m
2024 · €1.4m-€20,554
Largest movements
Assets
- Receivables within one year -€21,807
down €21,807 (-1.5%), from €1.4m to €1.4m
of which Trade receivables: -€142,807
Equity and liabilities
- Trade debts -€154,921
down €154,921 (-35.9%), from €431,950 to €277,029
- Reserves +€153,000
up €153,000 (+17.6%), from €869,200 to €1.0m
of which Distributable reserves: +€153,000
- Accrued charges and deferred income -€21,216
no longer reported in 2025 (was €21,216)
Income statement
- Turnover -€1.0m
down €1.0m (-28.0%), from €3.7m to €2.7m
- Purchases and services -€1.0m
down €1.0m (-31.2%), from €3.3m to €2.3m
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.
Result 2024
€176,244
Gross operating margin
-€18,950
Staff costs
-€13,110
Depreciation
-€636
Write-downs
+€462
Other operating charges
+€346
Other operating items
-€3,419
Financial income
-€905
Financial charges
-€6
Taxes
+€13,072
Result 2025
€153,097
Cash bridge derived
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.
From operations
+€2,812
Investment
-€2,685
Financing
€0
Cash 2024
€5,669
From operations (derived)
+€2,812
Net result for the year
+€153,097
Depreciation
+€1,559
Receivables within one year
+€21,807
Provisions
-€326
Trade debts
-€154,921
Tax, wage and social debts
+€2,812
Accrued charges and deferred income
-€21,216
Investment (derived)
-€2,685
Investment in fixed assets (net)
-€2,685
Cash 2025
€5,797
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,448,877 | €1,428,323 | -€20,554 | -1.4% |
| Fixed assets | 21/28 | €889 | €2,015 | +€1,126 | +126.7% |
| Tangible fixed assets | 22/27 | €889 | €2,015 | +€1,126 | +126.7% |
| Plant, machinery and equipment | 23 | €889 | €2,015 | +€1,126 | +126.7% |
| Current assets | 29/58 | €1,447,988 | €1,426,308 | -€21,680 | -1.5% |
| Amounts receivable within one year | 40/41 | €1,440,436 | €1,418,628 | -€21,807 | -1.5% |
| Trade receivables | 40 | €489,721 | €346,915 | -€142,807 | -29.2% |
| Other amounts receivable | 41 | €950,714 | €1,071,714 | +€120,999 | +12.7% |
| Cash at bank and in hand | 54/58 | €5,669 | €5,797 | +€127 | +2.2% |
| Deferred charges and accrued income | 490/1 | €1,883 | €1,883 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,448,877 | €1,428,323 | -€20,554 | -1.4% |
| Equity | 10/15 | €931,741 | €1,084,838 | +€153,097 | +16.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €869,200 | €1,022,200 | +€153,000 | +17.6% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €863,000 | €1,016,000 | +€153,000 | +17.7% |
| Profit (loss) carried forward | 14 | €541 | €638 | +€97 | +17.9% |
| Provisions and deferred taxes | 16 | €2,176 | €1,850 | -€326 | -15.0% |
| Provisions for liabilities and charges | 160/5 | €2,176 | €1,850 | -€326 | -15.0% |
| Pensions and similar obligations | 160 | €2,176 | €1,850 | -€326 | -15.0% |
| Amounts payable | 17/49 | €514,961 | €341,636 | -€173,325 | -33.7% |
| Amounts payable within one year | 42/48 | €493,745 | €341,636 | -€152,109 | -30.8% |
| Trade debts | 44 | €431,950 | €277,029 | -€154,921 | -35.9% |
| Suppliers | 440/4 | €431,950 | €277,029 | -€154,921 | -35.9% |
| Taxes, remuneration and social security | 45 | €61,795 | €64,607 | +€2,812 | +4.6% |
| Taxes | 450/3 | €35,426 | €37,349 | +€1,923 | +5.4% |
| Remuneration and social security | 454/9 | €26,369 | €27,259 | +€889 | +3.4% |
| Accrued charges and deferred income | 492/3 | €21,216 | - | -€21,216 | |
| Turnover | 70 | €3,735,735 | €2,689,496 | -€1.0m | -28.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €3,293,620 | €2,266,940 | -€1.0m | -31.2% |
| Remuneration, social security and pensions | 62 | €216,466 | €229,576 | +€13,110 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €922 | €1,559 | +€636 | +69.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €136 | -€326 | -€462 | |
| Other operating charges | 640/8 | €2,297 | €1,952 | -€346 | -15.1% |
| Non-recurring operating charges | 66A | - | €3,419 | +€3,419 | |
| Gross operating margin | 9900 | €444,269 | €425,319 | -€18,950 | -4.3% |
| Operating profit (loss) | 9901 | €224,447 | €189,138 | -€35,308 | -15.7% |
| Financial income | 75/76B | €18,360 | €17,455 | -€905 | -4.9% |
| Recurring financial income | 75 | €18,360 | €17,455 | -€905 | -4.9% |
| Financial charges | 65/66B | €4,134 | €4,141 | +€6 | +0.1% |
| Recurring financial charges | 65 | €4,134 | €4,141 | +€6 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €238,672 | €202,453 | -€36,219 | -15.2% |
| Income taxes | 67/77 | €62,428 | €49,356 | -€13,072 | -20.9% |
| Profit (loss) for the period | 9904 | €176,244 | €153,097 | -€23,147 | -13.1% |
| Profit (loss) for the period to be appropriated | 9905 | €176,244 | €153,097 | -€23,147 | -13.1% |
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 9 October 2026 via checked.be.