MODE TREND: 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.
MODE TREND
Largest movements
- Cash +€264,751
up €264,751 (+365%), from €72,564 to €337,314
mainly Net result for the year (+€194,122) and Current investments (+€100,000)
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Stocks and contracts +€45,291
new in 2025: €45,291
- Intangible fixed assets +€21,543
up €21,543 (+136%), from €15,788 to €37,331
- Profit (loss) carried forward +€194,122
up €194,122 (+215%), from €90,274 to €284,396
- Trade debts +€26,475
up €26,475 (+2,702%), from €980 to €27,455
- Tax, wage and social debts +€17,228
up €17,228 (+35.0%), from €49,248 to €66,476
of which Taxes: +€12,037
- Other debts -€7,323
down €7,323 (-14.9%), from €49,301 to €41,978
- Gross operating margin +€170,749
up €170,749 (+128%), from €133,202 to €303,951
- Taxes +€33,473
up €33,473 (+139%), from €24,000 to €57,473
- Staff costs +€25,061
up €25,061 (+164%), from €15,252 to €40,314
- Depreciation +€10,689
up €10,689 (+2,411%), from €443 to €11,132
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 | €192,803 | €423,306 | +€230,502 | +120% |
| Fixed assets | 21/28 | €19,677 | €40,700 | +€21,023 | +107% |
| Intangible fixed assets | 21 | €15,788 | €37,331 | +€21,543 | +136% |
| Tangible fixed assets | 22/27 | €3,889 | €3,369 | -€520 | -13.4% |
| Plant, machinery and equipment | 23 | €3,889 | €3,369 | -€520 | -13.4% |
| Current assets | 29/58 | €173,126 | €382,605 | +€209,479 | +121% |
| Stocks and contracts in progress | 3 | - | €45,291 | +€45,291 | |
| Stocks | 30/36 | - | €45,291 | +€45,291 | |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €72,564 | €337,314 | +€264,751 | +365% |
| Deferred charges and accrued income | 490/1 | €562 | - | -€562 | |
| Total equity and liabilities | 10/49 | €192,803 | €423,306 | +€230,502 | +120% |
| Equity | 10/15 | €93,274 | €287,396 | +€194,122 | +208% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €90,274 | €284,396 | +€194,122 | +215% |
| Amounts payable | 17/49 | €99,530 | €135,910 | +€36,380 | +36.6% |
| Amounts payable within one year | 42/48 | €99,530 | €135,910 | +€36,380 | +36.6% |
| Trade debts | 44 | €980 | €27,455 | +€26,475 | +2,702% |
| Suppliers | 440/4 | €980 | €27,455 | +€26,475 | +2,702% |
| Taxes, remuneration and social security | 45 | €49,248 | €66,476 | +€17,228 | +35.0% |
| Taxes | 450/3 | €47,245 | €59,281 | +€12,037 | +25.5% |
| Remuneration and social security | 454/9 | €2,004 | €7,195 | +€5,191 | +259% |
| Other amounts payable | 47/48 | €49,301 | €41,978 | -€7,323 | -14.9% |
| Remuneration, social security and pensions | 62 | €15,252 | €40,314 | +€25,061 | +164% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €443 | €11,132 | +€10,689 | +2,411% |
| Other operating charges | 640/8 | €2,774 | €636 | -€2,138 | -77.1% |
| Gross operating margin | 9900 | €133,202 | €303,951 | +€170,749 | +128% |
| Operating profit (loss) | 9901 | €114,733 | €251,869 | +€137,137 | +120% |
| Financial income | 75/76B | €0 | €1,585 | +€1,585 | +5,282,967% |
| Recurring financial income | 75 | €0 | €1,585 | +€1,585 | +5,282,967% |
| Financial charges | 65/66B | €459 | €1,859 | +€1,400 | +305% |
| Recurring financial charges | 65 | €459 | €1,859 | +€1,400 | +305% |
| Profit (loss) for the period before taxes | 9903 | €114,274 | €251,596 | +€137,322 | +120% |
| Income taxes | 67/77 | €24,000 | €57,473 | +€33,473 | +139% |
| Profit (loss) for the period | 9904 | €90,274 | €194,122 | +€103,849 | +115% |
| Profit (loss) for the period to be appropriated | 9905 | €90,274 | €194,122 | +€103,849 | +115% |
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 16 October 2026 via checked.be.