Move On Up: 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 On Up
Largest movements
- Receivables after one year +€62,482
up €62,482 (+55.9%), from €111,718 to €174,200
- Intangible fixed assets -€9,786
down €9,786 (-66.6%), from €14,682 to €4,897
- Cash +€4,288
up €4,288 (+183%), from €2,344 to €6,633
mainly Net result for the year (+€50,994) and Depreciation (+€11,430)
- Reserves +€50,994
up €50,994 (+45.8%), from €111,364 to €162,358
- Trade debts +€3,029
up €3,029 (+73.7%), from €4,111 to €7,140
- Tax, wage and social debts +€2,182
up €2,182 (+11.2%), from €19,511 to €21,692
- Gross operating margin -€3,839
down €3,839 (-4.8%), from €80,543 to €76,704
- Financial income +€1,952
up €1,952 (+33.2%), from €5,885 to €7,837
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 | €139,533 | €195,604 | +€56,071 | +40.2% |
| Fixed assets | 21/28 | €17,676 | €7,627 | -€10,049 | -56.8% |
| Intangible fixed assets | 21 | €14,682 | €4,897 | -€9,786 | -66.6% |
| Tangible fixed assets | 22/27 | €2,994 | €2,731 | -€263 | -8.8% |
| Plant, machinery and equipment | 23 | €762 | €456 | -€306 | -40.2% |
| Furniture and vehicles | 24 | €2,232 | €2,275 | +€43 | +1.9% |
| Current assets | 29/58 | €121,857 | €187,977 | +€66,120 | +54.3% |
| Amounts receivable after more than one year | 29 | €111,718 | €174,200 | +€62,482 | +55.9% |
| Other amounts receivable | 291 | €111,718 | €174,200 | +€62,482 | +55.9% |
| Amounts receivable within one year | 40/41 | €7,321 | €6,215 | -€1,106 | -15.1% |
| Trade receivables | 40 | €7,321 | €6,215 | -€1,106 | -15.1% |
| Cash at bank and in hand | 54/58 | €2,344 | €6,633 | +€4,288 | +183% |
| Deferred charges and accrued income | 490/1 | €474 | €930 | +€456 | +96.2% |
| Total equity and liabilities | 10/49 | €139,533 | €195,604 | +€56,071 | +40.2% |
| Equity | 10/15 | €111,393 | €162,387 | +€50,994 | +45.8% |
| Reserves | 13 | €111,364 | €162,358 | +€50,994 | +45.8% |
| Distributable reserves | 133 | €111,364 | €162,358 | +€50,994 | +45.8% |
| Profit (loss) carried forward | 14 | €29 | €29 | = | 0.0% |
| Amounts payable | 17/49 | €28,140 | €33,218 | +€5,078 | +18.0% |
| Amounts payable within one year | 42/48 | €28,130 | €33,218 | +€5,088 | +18.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €4,059 | €4,386 | +€326 | +8.0% |
| Credit institutions | 430/8 | €4,059 | €4,386 | +€326 | +8.0% |
| Trade debts | 44 | €4,111 | €7,140 | +€3,029 | +73.7% |
| Suppliers | 440/4 | €4,111 | €7,140 | +€3,029 | +73.7% |
| Advances received on contracts in progress | 46 | €449 | €0 | -€449 | -100% |
| Taxes, remuneration and social security | 45 | €19,511 | €21,692 | +€2,182 | +11.2% |
| Taxes | 450/3 | €19,511 | €21,692 | +€2,182 | +11.2% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €10 | €0 | -€10 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,412 | €11,430 | +€18 | +0.2% |
| Other operating charges | 640/8 | €587 | €439 | -€148 | -25.3% |
| Non-recurring operating charges | 66A | €1,684 | €0 | -€1,684 | -100% |
| Gross operating margin | 9900 | €80,543 | €76,704 | -€3,839 | -4.8% |
| Operating profit (loss) | 9901 | €66,860 | €64,835 | -€2,025 | -3.0% |
| Financial income | 75/76B | €5,885 | €7,837 | +€1,952 | +33.2% |
| Recurring financial income | 75 | €5,885 | €7,837 | +€1,952 | +33.2% |
| Financial charges | 65/66B | €1,833 | €1,890 | +€57 | +3.1% |
| Recurring financial charges | 65 | €1,833 | €1,890 | +€57 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | €70,911 | €70,782 | -€129 | -0.2% |
| Income taxes | 67/77 | €20,211 | €19,789 | -€422 | -2.1% |
| Profit (loss) for the period | 9904 | €50,700 | €50,994 | +€293 | +0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €50,700 | €50,994 | +€293 | +0.6% |
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 22 October 2026 via checked.be.