NAME: 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.
NAME
Largest movements
- Cash +€8,987
up €8,987 (+20.3%), from €44,374 to €53,360
mainly Trade debts (+€9,209) and Other debts (+€7,938)
- Receivables within one year +€4,624
up €4,624 (+30.9%), from €14,955 to €19,579
of which Trade receivables: +€4,625
- Tax, wage and social debts -€9,624
down €9,624 (-60.3%), from €15,965 to €6,342
- Trade debts +€9,209
up €9,209 (+320%), from €2,880 to €12,089
- Other debts +€7,938
new in 2025: €7,938
- Profit (loss) carried forward +€6,997
up €6,997 (+7.9%), from €88,434 to €95,431
- Gross operating margin -€37,617
down €37,617 (-69.6%), from €54,020 to €16,403
- Taxes -€10,415
down €10,415 (-61.5%), from €16,928 to €6,513
- Financial income -€1,062
down €1,062 (-44.0%), from €2,412 to €1,350
- Depreciation +€1,027
up €1,027 (+39.1%), from €2,627 to €3,654
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 | €109,280 | €123,800 | +€14,521 | +13.3% |
| Fixed assets | 21/28 | €6,351 | €7,261 | +€910 | +14.3% |
| Tangible fixed assets | 22/27 | €6,351 | €7,261 | +€910 | +14.3% |
| Furniture and vehicles | 24 | €6,351 | €4,345 | -€2,006 | -31.6% |
| Other tangible fixed assets | 26 | - | €2,916 | +€2,916 | |
| Current assets | 29/58 | €102,929 | €116,540 | +€13,611 | +13.2% |
| Amounts receivable after more than one year | 29 | €43,600 | €43,600 | = | 0.0% |
| Other amounts receivable | 291 | €43,600 | €43,600 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €14,955 | €19,579 | +€4,624 | +30.9% |
| Trade receivables | 40 | €14,954 | €19,579 | +€4,625 | +30.9% |
| Other amounts receivable | 41 | €1 | - | -€1 | |
| Cash at bank and in hand | 54/58 | €44,374 | €53,360 | +€8,987 | +20.3% |
| Total equity and liabilities | 10/49 | €109,280 | €123,800 | +€14,521 | +13.3% |
| Equity | 10/15 | €90,434 | €97,431 | +€6,997 | +7.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88,434 | €95,431 | +€6,997 | +7.9% |
| Amounts payable | 17/49 | €18,845 | €26,369 | +€7,524 | +39.9% |
| Amounts payable within one year | 42/48 | €18,845 | €26,369 | +€7,524 | +39.9% |
| Trade debts | 44 | €2,880 | €12,089 | +€9,209 | +320% |
| Suppliers | 440/4 | €2,880 | €12,089 | +€9,209 | +320% |
| Taxes, remuneration and social security | 45 | €15,965 | €6,342 | -€9,624 | -60.3% |
| Taxes | 450/3 | €15,965 | €6,342 | -€9,624 | -60.3% |
| Other amounts payable | 47/48 | - | €7,938 | +€7,938 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,627 | €3,654 | +€1,027 | +39.1% |
| Other operating charges | 640/8 | - | €419 | +€419 | |
| Gross operating margin | 9900 | €54,020 | €16,403 | -€37,617 | -69.6% |
| Operating profit (loss) | 9901 | €51,394 | €12,330 | -€39,063 | -76.0% |
| Financial income | 75/76B | €2,412 | €1,350 | -€1,062 | -44.0% |
| Recurring financial income | 75 | €2,412 | €1,350 | -€1,062 | -44.0% |
| Financial charges | 65/66B | €111 | €171 | +€59 | +53.3% |
| Recurring financial charges | 65 | €111 | €171 | +€59 | +53.3% |
| Profit (loss) for the period before taxes | 9903 | €53,694 | €13,510 | -€40,184 | -74.8% |
| Income taxes | 67/77 | €16,928 | €6,513 | -€10,415 | -61.5% |
| Profit (loss) for the period | 9904 | €36,767 | €6,997 | -€29,769 | -81.0% |
| Profit (loss) for the period to be appropriated | 9905 | €36,767 | €6,997 | -€29,769 | -81.0% |
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.