MIND THE SALES: what changed
Two fiscal 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.
MIND THE SALES
Largest movements
- Cash +€35,999
up €35,999 (+524.5%), from €6,864 to €42,863
mainly Net result for the year (+€48,595) and Tax, wage and social debts (+€15,677)
- Receivables within one year +€32,688
up €32,688 (+337.7%), from €9,680 to €42,368
- Tangible fixed assets +€1,476
new in 2025: €1,476
- Formation expenses -€1,157
no longer reported in 2025 (was €1,157)
- Profit (loss) carried forward +€48,595
up €48,595 (+4888.1%), from €994 to €49,589
- Tax, wage and social debts +€15,677
up €15,677 (+222.2%), from €7,055 to €22,732
- Other debts +€2,296
up €2,296 (+139.1%), from €1,651 to €3,948
- Trade debts +€1,938
new in 2025: €1,938
- Gross operating margin +€52,257
up €52,257 (+449.6%), from €11,622 to €63,879
- Taxes +€10,925
up €10,925 (+487.2%), from €2,242 to €13,167
- Depreciation +€886
up €886 (+229.8%), from €386 to €1,272
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,701 | €86,707 | +€69,006 | +389.8% |
| Formation expenses | 20 | €1,157 | - | -€1,157 | |
| Fixed assets | 21/28 | - | €1,476 | +€1,476 | |
| Tangible fixed assets | 22/27 | - | €1,476 | +€1,476 | |
| Furniture and vehicles | 24 | - | €1,476 | +€1,476 | |
| Current assets | 29/58 | €16,544 | €85,230 | +€68,687 | +415.2% |
| Amounts receivable within one year | 40/41 | €9,680 | €42,368 | +€32,688 | +337.7% |
| Trade receivables | 40 | €9,680 | €42,368 | +€32,688 | +337.7% |
| Cash at bank and in hand | 54/58 | €6,864 | €42,863 | +€35,999 | +524.5% |
| Total equity and liabilities | 10/49 | €17,701 | €86,707 | +€69,006 | +389.8% |
| Equity | 10/15 | €8,994 | €58,089 | +€49,095 | +545.9% |
| Contributions | 10/11 | - | €500 | +€500 | |
| Reserves | 13 | €8,000 | €8,000 | = | 0.0% |
| Distributable reserves | 133 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €994 | €49,589 | +€48,595 | +4888.1% |
| Amounts payable | 17/49 | €8,707 | €28,618 | +€19,911 | +228.7% |
| Amounts payable within one year | 42/48 | €8,707 | €28,618 | +€19,911 | +228.7% |
| Trade debts | 44 | - | €1,938 | +€1,938 | |
| Suppliers | 440/4 | - | €1,938 | +€1,938 | |
| Taxes, remuneration and social security | 45 | €7,055 | €22,732 | +€15,677 | +222.2% |
| Taxes | 450/3 | €7,055 | €22,732 | +€15,677 | +222.2% |
| Other amounts payable | 47/48 | €1,651 | €3,948 | +€2,296 | +139.1% |
| Non-recurring operating income | 76A | - | €272 | +€272 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €386 | €1,272 | +€886 | +229.8% |
| Other operating charges | 640/8 | - | €450 | +€450 | |
| Gross operating margin | 9900 | €11,622 | €63,879 | +€52,257 | +449.6% |
| Operating profit (loss) | 9901 | €11,236 | €62,157 | +€50,921 | +453.2% |
| Financial charges | 65/66B | - | €395 | +€395 | |
| Recurring financial charges | 65 | - | €395 | +€395 | |
| Profit (loss) for the period before taxes | 9903 | €11,236 | €61,762 | +€50,525 | +449.7% |
| Income taxes | 67/77 | €2,242 | €13,167 | +€10,925 | +487.2% |
| Profit (loss) for the period | 9904 | €8,994 | €48,595 | +€39,601 | +440.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,994 | €48,595 | +€39,601 | +440.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.