MOVE WELL: 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.
MOVE WELL
Largest movements
- Receivables within one year +€12,149
up €12,149 (+75.0%), from €16,198 to €28,347
of which Other amounts receivable: +€12,039
- Tangible fixed assets +€6,277
up €6,277 (+69.9%), from €8,981 to €15,258
of which Furniture and vehicles: +€7,413
- Cash -€4,306
down €4,306 (-30.6%), from €14,079 to €9,773
mainly Receivables within one year (-€12,149) and Investment in fixed assets (net) (-€9,501)
- Reserves +€3,716
up €3,716 (+14.5%), from €25,695 to €29,411
of which Distributable reserves: +€3,716
- Current portion of long-term debt +€3,707
up €3,707 (+120.8%), from €3,069 to €6,776
- Other debts +€3,300
up €3,300 (+130.4%), from €2,530 to €5,830
- Debts after one year +€2,503
up €2,503 (+96.1%), from €2,605 to €5,108
- Short-term financial debts +€980
new in 2025: €980
- Gross operating margin +€1,192
up €1,192 (+7.6%), from €15,762 to €16,954
- Taxes +€1,038
up €1,038 (+22.1%), from €4,702 to €5,740
- Depreciation -€753
down €753 (-18.9%), from €3,977 to €3,224
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 | €41,559 | €55,717 | +€14,159 | +34.1% |
| Fixed assets | 21/28 | €9,023 | €15,300 | +€6,277 | +69.6% |
| Tangible fixed assets | 22/27 | €8,981 | €15,258 | +€6,277 | +69.9% |
| Furniture and vehicles | 24 | €1,164 | €8,577 | +€7,413 | +636.6% |
| Other tangible fixed assets | 26 | €7,817 | €6,681 | -€1,136 | -14.5% |
| Financial fixed assets | 28 | €42 | €42 | = | 0.0% |
| Current assets | 29/58 | €32,535 | €40,417 | +€7,882 | +24.2% |
| Amounts receivable within one year | 40/41 | €16,198 | €28,347 | +€12,149 | +75.0% |
| Trade receivables | 40 | €900 | €1,010 | +€110 | +12.2% |
| Other amounts receivable | 41 | €15,298 | €27,337 | +€12,039 | +78.7% |
| Cash at bank and in hand | 54/58 | €14,079 | €9,773 | -€4,306 | -30.6% |
| Deferred charges and accrued income | 490/1 | €2,258 | €2,297 | +€39 | +1.7% |
| Total equity and liabilities | 10/49 | €41,559 | €55,717 | +€14,159 | +34.1% |
| Equity | 10/15 | €31,895 | €35,611 | +€3,716 | +11.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €25,695 | €29,411 | +€3,716 | +14.5% |
| Tax-exempt reserves | 132 | €9,945 | €9,945 | = | 0.0% |
| Distributable reserves | 133 | €15,750 | €19,466 | +€3,716 | +23.6% |
| Amounts payable | 17/49 | €9,664 | €20,106 | +€10,443 | +108.1% |
| Amounts payable after more than one year | 17 | €2,605 | €5,108 | +€2,503 | +96.1% |
| Financial debts | 170/4 | €2,605 | €5,108 | +€2,503 | +96.1% |
| Amounts payable within one year | 42/48 | €7,059 | €14,999 | +€7,940 | +112.5% |
| Current portion of amounts payable after more than one year | 42 | €3,069 | €6,776 | +€3,707 | +120.8% |
| Financial debts | 43 | - | €980 | +€980 | |
| Credit institutions | 430/8 | - | €980 | +€980 | |
| Trade debts | 44 | €1,459 | €1,412 | -€47 | -3.2% |
| Suppliers | 440/4 | €1,459 | €1,412 | -€47 | -3.2% |
| Other amounts payable | 47/48 | €2,530 | €5,830 | +€3,300 | +130.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,977 | €3,224 | -€753 | -18.9% |
| Other operating charges | 640/8 | €563 | €580 | +€17 | +3.1% |
| Gross operating margin | 9900 | €15,762 | €16,954 | +€1,192 | +7.6% |
| Operating profit (loss) | 9901 | €11,223 | €13,150 | +€1,928 | +17.2% |
| Financial income | 75/76B | €2,550 | €2,550 | = | 0.0% |
| Recurring financial income | 75 | €2,550 | €2,550 | = | 0.0% |
| Financial charges | 65/66B | €672 | €657 | -€15 | -2.2% |
| Recurring financial charges | 65 | €672 | €657 | -€15 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | €13,100 | €15,043 | +€1,943 | +14.8% |
| Income taxes | 67/77 | €4,702 | €5,740 | +€1,038 | +22.1% |
| Profit (loss) for the period | 9904 | €8,399 | €9,303 | +€905 | +10.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,399 | €9,303 | +€905 | +10.8% |
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.