MY BUBBLE: 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.
MY BUBBLE
Largest movements
- Receivables within one year +€42,948
up €42,948 (+43.9%), from €97,835 to €140,783
of which Trade receivables: +€42,071
- Tangible fixed assets -€39,432
down €39,432 (-3.5%), from €1.1m to €1.1m
of which Land and buildings: -€38,268
- Profit (loss) carried forward +€75,516
up €75,516 (+30.0%), from -€251,425 to -€175,909
- Debts after one year -€42,346
down €42,346 (-3.6%), from €1.2m to €1.1m
of which Financial debts: -€47,585
- Accrued charges and deferred income -€13,857
down €13,857 (-50.1%), from €27,667 to €13,810
- Gross operating margin -€16,479
down €16,479 (-8.4%), from €196,126 to €179,647
- Other operating charges +€10,416
up €10,416 (+74.5%), from €13,981 to €24,398
- Financial charges -€3,089
down €3,089 (-23.1%), from €13,365 to €10,277
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 | €1,248,494 | €1,253,743 | +€5,250 | +0.4% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €1,137,586 | €1,098,128 | -€39,458 | -3.5% |
| Intangible fixed assets | 21 | €26 | - | -€26 | |
| Tangible fixed assets | 22/27 | €1,136,660 | €1,097,228 | -€39,432 | -3.5% |
| Land and buildings | 22 | €902,091 | €863,823 | -€38,268 | -4.2% |
| Plant, machinery and equipment | 23 | €198,215 | €209,202 | +€10,987 | +5.5% |
| Furniture and vehicles | 24 | €36,354 | €24,203 | -€12,152 | -33.4% |
| Financial fixed assets | 28 | €900 | €900 | = | 0.0% |
| Current assets | 29/58 | €110,908 | €155,615 | +€44,708 | +40.3% |
| Amounts receivable within one year | 40/41 | €97,835 | €140,783 | +€42,948 | +43.9% |
| Trade receivables | 40 | €32,960 | €75,031 | +€42,071 | +128% |
| Other amounts receivable | 41 | €64,875 | €65,752 | +€877 | +1.4% |
| Cash at bank and in hand | 54/58 | €5,388 | €6,377 | +€989 | +18.4% |
| Deferred charges and accrued income | 490/1 | €7,685 | €8,455 | +€771 | +10.0% |
| Total equity and liabilities | 10/49 | €1,248,494 | €1,253,743 | +€5,250 | +0.4% |
| Equity | 10/15 | -€239,025 | -€163,509 | +€75,516 | +31.6% |
| Contributions | 10/11 | - | €12,400 | +€12,400 | |
| Revaluation surpluses | 12 | €12,400 | - | -€12,400 | |
| Profit (loss) carried forward | 14 | -€251,425 | -€175,909 | +€75,516 | +30.0% |
| Amounts payable | 17/49 | €1,487,519 | €1,417,252 | -€70,266 | -4.7% |
| Amounts payable after more than one year | 17 | €1,180,657 | €1,138,311 | -€42,346 | -3.6% |
| Financial debts | 170/4 | €412,552 | €364,967 | -€47,585 | -11.5% |
| Other amounts payable | 178/9 | €768,106 | €773,344 | +€5,239 | +0.7% |
| Amounts payable within one year | 42/48 | €279,194 | €265,131 | -€14,063 | -5.0% |
| Current portion of amounts payable after more than one year | 42 | €104,666 | €97,585 | -€7,081 | -6.8% |
| Trade debts | 44 | €17,526 | €23,620 | +€6,095 | +34.8% |
| Suppliers | 440/4 | €17,526 | €23,620 | +€6,095 | +34.8% |
| Taxes, remuneration and social security | 45 | €13,295 | €1,358 | -€11,937 | -89.8% |
| Taxes | 450/3 | €13,295 | €1,358 | -€11,937 | -89.8% |
| Other amounts payable | 47/48 | €143,708 | €142,568 | -€1,140 | -0.8% |
| Accrued charges and deferred income | 492/3 | €27,667 | €13,810 | -€13,857 | -50.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,084 | €69,458 | +€1,374 | +2.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,607 | - | -€1,607 | |
| Other operating charges | 640/8 | €13,981 | €24,398 | +€10,416 | +74.5% |
| Gross operating margin | 9900 | €196,126 | €179,647 | -€16,479 | -8.4% |
| Operating profit (loss) | 9901 | €112,454 | €85,791 | -€26,662 | -23.7% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €13,365 | €10,277 | -€3,089 | -23.1% |
| Recurring financial charges | 65 | €13,365 | €10,277 | -€3,089 | -23.1% |
| Profit (loss) for the period before taxes | 9903 | €99,088 | €75,516 | -€23,572 | -23.8% |
| Profit (loss) for the period | 9904 | €99,088 | €75,516 | -€23,572 | -23.8% |
| Profit (loss) for the period to be appropriated | 9905 | €99,088 | €75,516 | -€23,572 | -23.8% |
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 20 October 2026 via checked.be.