MOVE 2 GROW: 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 2 GROW
Largest movements
- Tangible fixed assets -€4,685
down €4,685 (-23.9%), from €19,570 to €14,885
of which Furniture and vehicles: -€5,523
- Receivables within one year +€3,291
up €3,291 (+21.0%), from €15,665 to €18,956
of which Trade receivables: +€5,272
- Cash -€1,868
down €1,868 (-2.0%), from €95,330 to €93,462
mainly Contributions, distributions and other (-€94,081) and Trade debts (-€3,383)
- Reserves -€57,343
down €57,343 (-100%), from €57,343 to €0
- Other debts +€50,457
up €50,457 (+94.2%), from €53,585 to €104,043
- Tax, wage and social debts +€4,015
up €4,015 (+69.1%), from €5,814 to €9,830
- Advances received +€3,390
new in 2025: €3,390
- Trade debts -€3,383
down €3,383 (-94.7%), from €3,572 to €190
- Gross operating margin +€15,326
up €15,326 (+35.6%), from €43,009 to €58,336
- Taxes +€5,414
up €5,414 (+67.5%), from €8,019 to €13,433
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 | €134,769 | €131,052 | -€3,717 | -2.8% |
| Fixed assets | 21/28 | €19,570 | €14,885 | -€4,685 | -23.9% |
| Tangible fixed assets | 22/27 | €19,570 | €14,885 | -€4,685 | -23.9% |
| Plant, machinery and equipment | 23 | €733 | €1,571 | +€837 | +114% |
| Furniture and vehicles | 24 | €18,837 | €13,315 | -€5,523 | -29.3% |
| Current assets | 29/58 | €115,199 | €116,167 | +€969 | +0.8% |
| Amounts receivable within one year | 40/41 | €15,665 | €18,956 | +€3,291 | +21.0% |
| Trade receivables | 40 | €13,684 | €18,956 | +€5,272 | +38.5% |
| Other amounts receivable | 41 | €1,981 | €0 | -€1,981 | -100% |
| Cash at bank and in hand | 54/58 | €95,330 | €93,462 | -€1,868 | -2.0% |
| Deferred charges and accrued income | 490/1 | €4,204 | €3,749 | -€455 | -10.8% |
| Total equity and liabilities | 10/49 | €134,769 | €131,052 | -€3,717 | -2.8% |
| Equity | 10/15 | €71,021 | €13,600 | -€57,421 | -80.9% |
| Contributions | 10/11 | €13,600 | €13,600 | = | 0.0% |
| Reserves | 13 | €57,343 | €0 | -€57,343 | -100% |
| Distributable reserves | 133 | €57,343 | €0 | -€57,343 | -100% |
| Profit (loss) carried forward | 14 | €78 | €0 | -€78 | -100% |
| Amounts payable | 17/49 | €63,748 | €117,452 | +€53,704 | +84.2% |
| Amounts payable within one year | 42/48 | €62,972 | €117,452 | +€54,481 | +86.5% |
| Trade debts | 44 | €3,572 | €190 | -€3,383 | -94.7% |
| Suppliers | 440/4 | €3,572 | €190 | -€3,383 | -94.7% |
| Advances received on contracts in progress | 46 | - | €3,390 | +€3,390 | |
| Taxes, remuneration and social security | 45 | €5,814 | €9,830 | +€4,015 | +69.1% |
| Taxes | 450/3 | €5,814 | €9,830 | +€4,015 | +69.1% |
| Other amounts payable | 47/48 | €53,585 | €104,043 | +€50,457 | +94.2% |
| Accrued charges and deferred income | 492/3 | €776 | €0 | -€776 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,889 | €6,089 | +€200 | +3.4% |
| Other operating charges | 640/8 | €824 | €912 | +€88 | +10.7% |
| Gross operating margin | 9900 | €43,009 | €58,336 | +€15,326 | +35.6% |
| Operating profit (loss) | 9901 | €36,297 | €51,334 | +€15,038 | +41.4% |
| Financial charges | 65/66B | €835 | €1,241 | +€406 | +48.6% |
| Recurring financial charges | 65 | €835 | €1,241 | +€406 | +48.6% |
| Profit (loss) for the period before taxes | 9903 | €35,462 | €50,093 | +€14,632 | +41.3% |
| Income taxes | 67/77 | €8,019 | €13,433 | +€5,414 | +67.5% |
| Profit (loss) for the period | 9904 | €27,443 | €36,661 | +€9,218 | +33.6% |
| Profit (loss) for the period to be appropriated | 9905 | €27,443 | €36,661 | +€9,218 | +33.6% |
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.