MY STYLE HERE: 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 STYLE HERE
Largest movements
- Cash +€18,349
up €18,349 (+32.8%), from €55,892 to €74,241
mainly Depreciation (+€7,117) and Trade debts (+€5,289)
- Tangible fixed assets -€7,117
down €7,117 (-45.8%), from €15,532 to €8,415
- Stocks and contracts -€5,000
down €5,000 (-25.0%), from €20,000 to €15,000
- Receivables within one year +€3,926
up €3,926 (+55.9%), from €7,023 to €10,950
- Trade debts +€5,289
up €5,289 (+27.3%), from €19,360 to €24,649
- Other debts +€3,257
up €3,257 (+4.4%), from €73,897 to €77,154
- Profit (loss) carried forward +€1,532
up €1,532 (+209.8%), from €731 to €2,263
- Gross operating margin -€35,185
down €35,185 (-55.7%), from €63,209 to €28,023
- Other operating charges +€13,759
up €13,759 (+3552.3%), from €387 to €14,147
- Financial charges +€2,434
up €2,434 (+361.4%), from €674 to €3,108
- Depreciation +€2,192
up €2,192 (+44.5%), from €4,926 to €7,117
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 | €98,447 | €108,605 | +€10,158 | +10.3% |
| Fixed assets | 21/28 | €15,532 | €8,415 | -€7,117 | -45.8% |
| Tangible fixed assets | 22/27 | €15,532 | €8,415 | -€7,117 | -45.8% |
| Plant, machinery and equipment | 23 | €15,532 | €8,415 | -€7,117 | -45.8% |
| Current assets | 29/58 | €82,915 | €100,191 | +€17,276 | +20.8% |
| Stocks and contracts in progress | 3 | €20,000 | €15,000 | -€5,000 | -25.0% |
| Stocks | 30/36 | €20,000 | €15,000 | -€5,000 | -25.0% |
| Amounts receivable within one year | 40/41 | €7,023 | €10,950 | +€3,926 | +55.9% |
| Trade receivables | 40 | €7,023 | €10,950 | +€3,926 | +55.9% |
| Cash at bank and in hand | 54/58 | €55,892 | €74,241 | +€18,349 | +32.8% |
| Total equity and liabilities | 10/49 | €98,447 | €108,605 | +€10,158 | +10.3% |
| Equity | 10/15 | €3,731 | €5,263 | +€1,532 | +41.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €731 | €2,263 | +€1,532 | +209.8% |
| Amounts payable | 17/49 | €94,716 | €103,342 | +€8,626 | +9.1% |
| Amounts payable within one year | 42/48 | €94,716 | €103,342 | +€8,626 | +9.1% |
| Trade debts | 44 | €19,360 | €24,649 | +€5,289 | +27.3% |
| Suppliers | 440/4 | €19,360 | €24,649 | +€5,289 | +27.3% |
| Taxes, remuneration and social security | 45 | €1,459 | €1,540 | +€80 | +5.5% |
| Taxes | 450/3 | €1,262 | €1,342 | +€80 | +6.4% |
| Remuneration and social security | 454/9 | €197 | €197 | = | 0.0% |
| Other amounts payable | 47/48 | €73,897 | €77,154 | +€3,257 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,926 | €7,117 | +€2,192 | +44.5% |
| Other operating charges | 640/8 | €387 | €14,147 | +€13,759 | +3552.3% |
| Non-recurring operating charges | 66A | €845 | €1,910 | +€1,065 | +126.1% |
| Gross operating margin | 9900 | €63,209 | €28,023 | -€35,185 | -55.7% |
| Operating profit (loss) | 9901 | €57,051 | €4,849 | -€52,202 | -91.5% |
| Financial charges | 65/66B | €674 | €3,108 | +€2,434 | +361.4% |
| Recurring financial charges | 65 | €674 | €3,108 | +€2,434 | +361.4% |
| Profit (loss) for the period before taxes | 9903 | €56,378 | €1,741 | -€54,636 | -96.9% |
| Income taxes | 67/77 | - | €209 | +€209 | |
| Profit (loss) for the period | 9904 | €56,378 | €1,532 | -€54,845 | -97.3% |
| Profit (loss) for the period to be appropriated | 9905 | €56,378 | €1,532 | -€54,845 | -97.3% |
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 11 October 2026 via checked.be.