Moving Ahead: 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.
Moving Ahead
Largest movements
- Current investments +€70,000
up €70,000 (+87.5%), from €80,000 to €150,000
- Receivables within one year +€3,618
up €3,618 (+39.0%), from €9,275 to €12,893
of which Trade receivables: +€6,030
- Reserves +€55,124
up €55,124 (+39.5%), from €139,672 to €194,796
- Tax, wage and social debts +€16,237
up €16,237 (+42.1%), from €38,533 to €54,770
- Gross operating margin -€82,898
down €82,898 (-52.8%), from €157,023 to €74,125
- Taxes -€18,026
down €18,026 (-52.4%), from €34,408 to €16,382
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 | €181,976 | €255,467 | +€73,491 | +40.4% |
| Fixed assets | 21/28 | €3,521 | €2,128 | -€1,393 | -39.6% |
| Tangible fixed assets | 22/27 | €3,521 | €2,128 | -€1,393 | -39.6% |
| Furniture and vehicles | 24 | €3,521 | €2,128 | -€1,393 | -39.6% |
| Current assets | 29/58 | €178,455 | €253,339 | +€74,884 | +42.0% |
| Amounts receivable within one year | 40/41 | €9,275 | €12,893 | +€3,618 | +39.0% |
| Trade receivables | 40 | €6,863 | €12,893 | +€6,030 | +87.9% |
| Other amounts receivable | 41 | €2,412 | - | -€2,412 | |
| Current investments | 50/53 | €80,000 | €150,000 | +€70,000 | +87.5% |
| Cash at bank and in hand | 54/58 | €87,691 | €89,068 | +€1,377 | +1.6% |
| Deferred charges and accrued income | 490/1 | €1,489 | €1,378 | -€111 | -7.5% |
| Total equity and liabilities | 10/49 | €181,976 | €255,467 | +€73,491 | +40.4% |
| Equity | 10/15 | €139,672 | €195,796 | +€56,124 | +40.2% |
| Contributions | 10/11 | - | €1,000 | +€1,000 | |
| Reserves | 13 | €139,672 | €194,796 | +€55,124 | +39.5% |
| Distributable reserves | 133 | €139,672 | €194,796 | +€55,124 | +39.5% |
| Amounts payable | 17/49 | €42,304 | €59,671 | +€17,367 | +41.1% |
| Amounts payable within one year | 42/48 | €42,246 | €59,620 | +€17,374 | +41.1% |
| Financial debts | 43 | €243 | €1,363 | +€1,120 | +460.9% |
| Credit institutions | 430/8 | €243 | €1,363 | +€1,120 | +460.9% |
| Trade debts | 44 | €3,470 | €1,347 | -€2,123 | -61.2% |
| Suppliers | 440/4 | €3,470 | €1,347 | -€2,123 | -61.2% |
| Taxes, remuneration and social security | 45 | €38,533 | €54,770 | +€16,237 | +42.1% |
| Taxes | 450/3 | €38,533 | €54,770 | +€16,237 | +42.1% |
| Other amounts payable | 47/48 | - | €2,140 | +€2,140 | |
| Accrued charges and deferred income | 492/3 | €58 | €51 | -€7 | -12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,393 | €1,393 | = | 0.0% |
| Other operating charges | 640/8 | €1,375 | €1,416 | +€41 | +3.0% |
| Gross operating margin | 9900 | €157,023 | €74,125 | -€82,898 | -52.8% |
| Operating profit (loss) | 9901 | €154,255 | €71,316 | -€82,939 | -53.8% |
| Financial income | 75/76B | - | €1,345 | +€1,345 | |
| Recurring financial income | 75 | - | €1,345 | +€1,345 | |
| Financial charges | 65/66B | €335 | €1,155 | +€820 | +244.8% |
| Recurring financial charges | 65 | €335 | €1,155 | +€820 | +244.8% |
| Profit (loss) for the period before taxes | 9903 | €153,920 | €71,506 | -€82,414 | -53.5% |
| Income taxes | 67/77 | €34,408 | €16,382 | -€18,026 | -52.4% |
| Profit (loss) for the period | 9904 | €119,512 | €55,124 | -€64,388 | -53.9% |
| Profit (loss) for the period to be appropriated | 9905 | €119,512 | €55,124 | -€64,388 | -53.9% |
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.