NEVER GIVE UPP: 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.
NEVER GIVE UPP
Largest movements
- Receivables within one year +€73,166
up €73,166 (+98.0%), from €74,636 to €147,802
of which Trade receivables: +€42,332
- Cash -€59,126
down €59,126 (-100.0%), from €59,126 to €1
mainly Receivables within one year (-€73,166) and Tax, wage and social debts (-€4,815)
- Trade debts +€16,779
up €16,779 (+45.5%), from €36,871 to €53,649
- Tax, wage and social debts -€4,815
down €4,815 (-64.7%), from €7,439 to €2,624
of which Taxes: -€5,484
- Profit (loss) carried forward +€2,077
up €2,077 (+2.4%), from €87,452 to €89,530
- Gross operating margin -€51,571
down €51,571 (-90.5%), from €57,010 to €5,439
- Taxes -€13,442
down €13,442 (-89.9%), from €14,950 to €1,508
- Staff costs +€5,728
new in 2025: €5,728
- Other operating charges -€5,500
down €5,500 (-97.8%), from €5,625 to €125
- Financial income +€1,134
up €1,134 (+38.2%), from €2,972 to €4,105
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 | €133,762 | €147,803 | +€14,041 | +10.5% |
| Current assets | 29/58 | €133,762 | €147,803 | +€14,041 | +10.5% |
| Amounts receivable within one year | 40/41 | €74,636 | €147,802 | +€73,166 | +98.0% |
| Trade receivables | 40 | €14,312 | €56,644 | +€42,332 | +296% |
| Other amounts receivable | 41 | €60,324 | €91,159 | +€30,835 | +51.1% |
| Cash at bank and in hand | 54/58 | €59,126 | €1 | -€59,126 | -100.0% |
| Total equity and liabilities | 10/49 | €133,762 | €147,803 | +€14,041 | +10.5% |
| Equity | 10/15 | €89,452 | €91,530 | +€2,077 | +2.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €87,452 | €89,530 | +€2,077 | +2.4% |
| Amounts payable | 17/49 | €44,310 | €56,274 | +€11,963 | +27.0% |
| Amounts payable within one year | 42/48 | €44,310 | €56,274 | +€11,963 | +27.0% |
| Trade debts | 44 | €36,871 | €53,649 | +€16,779 | +45.5% |
| Suppliers | 440/4 | €36,871 | €53,649 | +€16,779 | +45.5% |
| Taxes, remuneration and social security | 45 | €7,439 | €2,624 | -€4,815 | -64.7% |
| Taxes | 450/3 | €7,439 | €1,955 | -€5,484 | -73.7% |
| Remuneration and social security | 454/9 | - | €669 | +€669 | |
| Remuneration, social security and pensions | 62 | - | €5,728 | +€5,728 | |
| Other operating charges | 640/8 | €5,625 | €125 | -€5,500 | -97.8% |
| Gross operating margin | 9900 | €57,010 | €5,439 | -€51,571 | -90.5% |
| Operating profit (loss) | 9901 | €51,386 | -€414 | -€51,800 | |
| Financial income | 75/76B | €2,972 | €4,105 | +€1,134 | +38.2% |
| Recurring financial income | 75 | €2,972 | €4,105 | +€1,134 | +38.2% |
| Financial charges | 65/66B | €182 | €106 | -€76 | -41.6% |
| Recurring financial charges | 65 | €182 | €106 | -€76 | -41.6% |
| Profit (loss) for the period before taxes | 9903 | €54,175 | €3,585 | -€50,590 | -93.4% |
| Income taxes | 67/77 | €14,950 | €1,508 | -€13,442 | -89.9% |
| Profit (loss) for the period | 9904 | €39,225 | €2,077 | -€37,148 | -94.7% |
| Profit (loss) for the period to be appropriated | 9905 | €39,225 | €2,077 | -€37,148 | -94.7% |
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 25 October 2026 via checked.be.