MIS DATA: 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.
MIS DATA
Largest movements
- Receivables within one year +€52,767
up €52,767 (+80.3%), from €65,679 to €118,446
of which Other amounts receivable: +€31,276
- Cash +€17,968
up €17,968 (+14.5%), from €123,598 to €141,566
mainly Other debts (+€100,000) and Net result for the year (+€63,810)
- Tangible fixed assets -€6,207
down €6,207 (-57.9%), from €10,720 to €4,513
of which Furniture and vehicles: -€3,938
- Other debts +€100,000
up €100,000 (+16666.7%), from €600 to €100,600
- Profit (loss) carried forward -€36,190
down €36,190 (-59.3%), from €61,017 to €24,827
- Trade debts +€13,784
up €13,784 (+68.1%), from €20,249 to €34,033
- Tax, wage and social debts -€11,396
down €11,396 (-37.1%), from €30,700 to €19,304
of which Taxes: -€5,765
- Gross operating margin +€7,033
up €7,033 (+8.3%), from €85,180 to €92,213
- Taxes +€4,526
up €4,526 (+25.2%), from €17,977 to €22,503
- Depreciation -€1,684
down €1,684 (-42.6%), from €3,953 to €2,269
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 | €199,998 | €266,172 | +€66,174 | +33.1% |
| Fixed assets | 21/28 | €10,720 | €4,783 | -€5,937 | -55.4% |
| Tangible fixed assets | 22/27 | €10,720 | €4,513 | -€6,207 | -57.9% |
| Land and buildings | 22 | €6,782 | €4,513 | -€2,269 | -33.5% |
| Furniture and vehicles | 24 | €3,938 | - | -€3,938 | |
| Financial fixed assets | 28 | - | €270 | +€270 | |
| Current assets | 29/58 | €189,277 | €261,389 | +€72,112 | +38.1% |
| Amounts receivable within one year | 40/41 | €65,679 | €118,446 | +€52,767 | +80.3% |
| Trade receivables | 40 | €65,679 | €87,170 | +€21,491 | +32.7% |
| Other amounts receivable | 41 | - | €31,276 | +€31,276 | |
| Cash at bank and in hand | 54/58 | €123,598 | €141,566 | +€17,968 | +14.5% |
| Deferred charges and accrued income | 490/1 | - | €1,377 | +€1,377 | |
| Total equity and liabilities | 10/49 | €199,998 | €266,172 | +€66,174 | +33.1% |
| Equity | 10/15 | €145,017 | €108,827 | -€36,190 | -25.0% |
| Reserves | 13 | €84,000 | €84,000 | = | 0.0% |
| Distributable reserves | 133 | €84,000 | €84,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,017 | €24,827 | -€36,190 | -59.3% |
| Amounts payable | 17/49 | €54,981 | €157,346 | +€102,364 | +186.2% |
| Amounts payable within one year | 42/48 | €54,981 | €157,346 | +€102,364 | +186.2% |
| Current portion of amounts payable after more than one year | 42 | €3,432 | €3,409 | -€24 | -0.7% |
| Trade debts | 44 | €20,249 | €34,033 | +€13,784 | +68.1% |
| Suppliers | 440/4 | €20,249 | €34,033 | +€13,784 | +68.1% |
| Taxes, remuneration and social security | 45 | €30,700 | €19,304 | -€11,396 | -37.1% |
| Taxes | 450/3 | €25,069 | €19,304 | -€5,765 | -23.0% |
| Remuneration and social security | 454/9 | €5,631 | - | -€5,631 | |
| Other amounts payable | 47/48 | €600 | €100,600 | +€100,000 | +16666.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,953 | €2,269 | -€1,684 | -42.6% |
| Other operating charges | 640/8 | €387 | €700 | +€312 | +80.6% |
| Gross operating margin | 9900 | €85,180 | €92,213 | +€7,033 | +8.3% |
| Operating profit (loss) | 9901 | €80,840 | €89,244 | +€8,404 | +10.4% |
| Financial income | 75/76B | €470 | €855 | +€385 | +81.8% |
| Recurring financial income | 75 | €470 | €855 | +€385 | +81.8% |
| Financial charges | 65/66B | €3,898 | €3,787 | -€112 | -2.9% |
| Recurring financial charges | 65 | €3,898 | €3,787 | -€112 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | €77,412 | €86,313 | +€8,901 | +11.5% |
| Income taxes | 67/77 | €17,977 | €22,503 | +€4,526 | +25.2% |
| Profit (loss) for the period | 9904 | €59,435 | €63,810 | +€4,375 | +7.4% |
| Profit (loss) for the period to be appropriated | 9905 | €59,435 | €63,810 | +€4,375 | +7.4% |
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 2 October 2026 via checked.be.