MOVE: 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.
MOVE
Largest movements
- Cash +€24,460
up €24,460 (+43.8%), from €55,810 to €80,270
mainly Receivables within one year (+€13,084) and Net result for the year (+€13,024)
- Receivables within one year -€13,084
down €13,084 (-24.4%), from €53,551 to €40,467
of which Trade receivables: -€29,800
- Tangible fixed assets -€8,022
down €8,022 (-33.9%), from €23,694 to €15,672
- Deferred charges and accrued income +€1,703
up €1,703 (+174.7%), from €975 to €2,678
- Other debts +€10,646
up €10,646 (+204.0%), from €5,218 to €15,864
- Current portion of long-term debt -€3,458
no longer reported in 2025 (was €3,458)
- Accrued charges and deferred income -€2,981
no longer reported in 2025 (was €2,981)
- Gross operating margin -€56,787
down €56,787 (-68.6%), from €82,787 to €26,000
- Taxes -€16,673
down €16,673 (-79.7%), from €20,921 to €4,248
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 | €151,944 | €157,151 | +€5,207 | +3.4% |
| Fixed assets | 21/28 | €23,694 | €15,672 | -€8,022 | -33.9% |
| Tangible fixed assets | 22/27 | €23,694 | €15,672 | -€8,022 | -33.9% |
| Furniture and vehicles | 24 | €23,694 | €15,672 | -€8,022 | -33.9% |
| Current assets | 29/58 | €128,250 | €141,479 | +€13,229 | +10.3% |
| Amounts receivable after more than one year | 29 | €2,568 | €2,568 | = | 0.0% |
| Other amounts receivable | 291 | €2,568 | €2,568 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €53,551 | €40,467 | -€13,084 | -24.4% |
| Trade receivables | 40 | €49,469 | €19,669 | -€29,800 | -60.2% |
| Other amounts receivable | 41 | €4,082 | €20,798 | +€16,716 | +409.5% |
| Current investments | 50/53 | €15,346 | €15,496 | +€150 | +1.0% |
| Cash at bank and in hand | 54/58 | €55,810 | €80,270 | +€24,460 | +43.8% |
| Deferred charges and accrued income | 490/1 | €975 | €2,678 | +€1,703 | +174.7% |
| Total equity and liabilities | 10/49 | €151,944 | €157,151 | +€5,207 | +3.4% |
| Equity | 10/15 | €129,287 | €129,287 | = | 0.0% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €114,287 | €114,287 | = | 0.0% |
| Distributable reserves | 133 | €114,287 | €114,287 | = | 0.0% |
| Amounts payable | 17/49 | €22,657 | €27,864 | +€5,207 | +23.0% |
| Amounts payable within one year | 42/48 | €19,676 | €27,864 | +€8,188 | +41.6% |
| Current portion of amounts payable after more than one year | 42 | €3,458 | - | -€3,458 | |
| Taxes, remuneration and social security | 45 | €11,000 | €12,000 | +€1,000 | +9.1% |
| Taxes | 450/3 | €6,000 | €6,600 | +€600 | +10.0% |
| Remuneration and social security | 454/9 | €5,000 | €5,400 | +€400 | +8.0% |
| Other amounts payable | 47/48 | €5,218 | €15,864 | +€10,646 | +204.0% |
| Accrued charges and deferred income | 492/3 | €2,981 | - | -€2,981 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,473 | €8,022 | +€549 | +7.3% |
| Other operating charges | 640/8 | €534 | €660 | +€126 | +23.6% |
| Gross operating margin | 9900 | €82,787 | €26,000 | -€56,787 | -68.6% |
| Operating profit (loss) | 9901 | €74,780 | €17,318 | -€57,462 | -76.8% |
| Financial income | 75/76B | €106 | €204 | +€98 | +92.5% |
| Recurring financial income | 75 | €106 | €204 | +€98 | +92.5% |
| Financial charges | 65/66B | €350 | €250 | -€100 | -28.6% |
| Recurring financial charges | 65 | €350 | €250 | -€100 | -28.6% |
| Profit (loss) for the period before taxes | 9903 | €74,536 | €17,272 | -€57,264 | -76.8% |
| Income taxes | 67/77 | €20,921 | €4,248 | -€16,673 | -79.7% |
| Profit (loss) for the period | 9904 | €53,615 | €13,024 | -€40,591 | -75.7% |
| Profit (loss) for the period to be appropriated | 9905 | €53,615 | €13,024 | -€40,591 | -75.7% |
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 10 October 2026 via checked.be.