MY: 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.
MY
Largest movements
- Stocks and contracts +€3,750
up €3,750 (+39.9%), from €9,400 to €13,150
- Receivables within one year +€461
up €461 (+1606.1%), from €29 to €490
of which Trade receivables: +€490
- Cash +€400
up €400 (+11.8%), from €3,401 to €3,801
mainly Trade debts (+€3,964) and Net result for the year (+€1,356)
- Trade debts +€3,964
up €3,964 (+258.6%), from €1,533 to €5,497
- Profit (loss) carried forward +€1,356
up €1,356 (+15.9%), from -€8,550 to -€7,194
- Tax, wage and social debts -€574
down €574 (-34.6%), from €1,658 to €1,084
of which Taxes: -€717
- Other operating charges +€2,107
up €2,107 (+2106.8%), from €100 to €2,207
- Gross operating margin -€1,205
down €1,205 (-24.7%), from €4,882 to €3,677
- Depreciation -€300
no longer reported in 2025 (was €300)
- Financial charges -€77
down €77 (-40.5%), from €191 to €114
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 | €13,392 | €18,039 | +€4,647 | +34.7% |
| Fixed assets | 21/28 | €25 | €25 | = | 0.0% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €13,367 | €18,014 | +€4,647 | +34.8% |
| Stocks and contracts in progress | 3 | €9,400 | €13,150 | +€3,750 | +39.9% |
| Stocks | 30/36 | €9,400 | €13,150 | +€3,750 | +39.9% |
| Amounts receivable within one year | 40/41 | €29 | €490 | +€461 | +1606.1% |
| Trade receivables | 40 | - | €490 | +€490 | |
| Other amounts receivable | 41 | €29 | - | -€29 | |
| Cash at bank and in hand | 54/58 | €3,401 | €3,801 | +€400 | +11.8% |
| Deferred charges and accrued income | 490/1 | €537 | €572 | +€36 | +6.6% |
| Total equity and liabilities | 10/49 | €13,392 | €18,039 | +€4,647 | +34.7% |
| Equity | 10/15 | €10,078 | €11,434 | +€1,356 | +13.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €28 | €28 | = | 0.0% |
| Non-distributable reserves | 130/1 | €28 | - | -€28 | |
| Reserves not available under the articles | 1311 | €28 | - | -€28 | |
| Distributable reserves | 133 | - | €28 | +€28 | |
| Profit (loss) carried forward | 14 | -€8,550 | -€7,194 | +€1,356 | +15.9% |
| Amounts payable | 17/49 | €3,314 | €6,605 | +€3,291 | +99.3% |
| Amounts payable within one year | 42/48 | €3,314 | €6,605 | +€3,291 | +99.3% |
| Financial debts | 43 | €24 | €24 | = | 0.0% |
| Credit institutions | 430/8 | €24 | €24 | = | 0.0% |
| Trade debts | 44 | €1,533 | €5,497 | +€3,964 | +258.6% |
| Suppliers | 440/4 | €1,533 | €5,497 | +€3,964 | +258.6% |
| Taxes, remuneration and social security | 45 | €1,658 | €1,084 | -€574 | -34.6% |
| Taxes | 450/3 | €1,658 | €942 | -€717 | -43.2% |
| Remuneration and social security | 454/9 | - | €142 | +€142 | |
| Other amounts payable | 47/48 | €99 | - | -€99 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €300 | - | -€300 | |
| Other operating charges | 640/8 | €100 | €2,207 | +€2,107 | +2106.8% |
| Gross operating margin | 9900 | €4,882 | €3,677 | -€1,205 | -24.7% |
| Operating profit (loss) | 9901 | €4,482 | €1,470 | -€3,012 | -67.2% |
| Financial charges | 65/66B | €191 | €114 | -€77 | -40.5% |
| Recurring financial charges | 65 | €191 | €114 | -€77 | -40.5% |
| Profit (loss) for the period before taxes | 9903 | €4,291 | €1,356 | -€2,935 | -68.4% |
| Profit (loss) for the period | 9904 | €4,291 | €1,356 | -€2,935 | -68.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,291 | €1,356 | -€2,935 | -68.4% |
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 4 October 2026 via checked.be.