Nailed it: 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.
Nailed it
Largest movements
- Cash +€119,153
up €119,153 (+597%), from €19,966 to €139,119
mainly Net result for the year (+€112,776) and Tax, wage and social debts (+€19,941)
- Receivables within one year +€15,483
up €15,483 (+41.4%), from €37,355 to €52,838
of which Trade receivables: +€15,485
- Profit (loss) carried forward +€112,776
up €112,776 (+292%), from €38,633 to €151,408
- Tax, wage and social debts +€19,941
up €19,941 (+114%), from €17,488 to €37,428
- Gross operating margin +€98,492
up €98,492 (+202%), from €48,843 to €147,335
- Taxes +€20,513
up €20,513 (+207%), from €9,887 to €30,399
- Financial charges +€2,766
up €2,766 (+2,041%), from €136 to €2,901
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 | €59,486 | €194,569 | +€135,082 | +227% |
| Fixed assets | 21/28 | €2,124 | €1,694 | -€430 | -20.2% |
| Tangible fixed assets | 22/27 | €2,124 | €1,694 | -€430 | -20.2% |
| Plant, machinery and equipment | 23 | €2,124 | €1,694 | -€430 | -20.2% |
| Current assets | 29/58 | €57,362 | €192,875 | +€135,512 | +236% |
| Amounts receivable within one year | 40/41 | €37,355 | €52,838 | +€15,483 | +41.4% |
| Trade receivables | 40 | €37,353 | €52,838 | +€15,485 | +41.5% |
| Other amounts receivable | 41 | €3 | - | -€3 | |
| Cash at bank and in hand | 54/58 | €19,966 | €139,119 | +€119,153 | +597% |
| Deferred charges and accrued income | 490/1 | €42 | €918 | +€877 | +2,098% |
| Total equity and liabilities | 10/49 | €59,486 | €194,569 | +€135,082 | +227% |
| Equity | 10/15 | €41,633 | €154,408 | +€112,776 | +271% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,633 | €151,408 | +€112,776 | +292% |
| Amounts payable | 17/49 | €17,854 | €40,160 | +€22,306 | +125% |
| Amounts payable within one year | 42/48 | €17,854 | €40,160 | +€22,306 | +125% |
| Trade debts | 44 | €366 | €1,593 | +€1,226 | +335% |
| Suppliers | 440/4 | €366 | €1,593 | +€1,226 | +335% |
| Taxes, remuneration and social security | 45 | €17,488 | €37,428 | +€19,941 | +114% |
| Taxes | 450/3 | €17,488 | €37,428 | +€19,941 | +114% |
| Other amounts payable | 47/48 | - | €1,139 | +€1,139 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26 | €430 | +€404 | +1,559% |
| Other operating charges | 640/8 | €163 | €828 | +€665 | +408% |
| Gross operating margin | 9900 | €48,843 | €147,335 | +€98,492 | +202% |
| Operating profit (loss) | 9901 | €48,654 | €146,076 | +€97,423 | +200% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €136 | €2,901 | +€2,766 | +2,041% |
| Recurring financial charges | 65 | €136 | €2,901 | +€2,766 | +2,041% |
| Profit (loss) for the period before taxes | 9903 | €48,519 | €143,175 | +€94,656 | +195% |
| Income taxes | 67/77 | €9,887 | €30,399 | +€20,513 | +207% |
| Profit (loss) for the period | 9904 | €38,633 | €112,776 | +€74,143 | +192% |
| Profit (loss) for the period to be appropriated | 9905 | €38,633 | €112,776 | +€74,143 | +192% |
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 13 October 2026 via checked.be.