NEVER STOP DREAMING ENTERPRISES: 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 STOP DREAMING ENTERPRISES
Largest movements
- Receivables within one year +€64,960
up €64,960 (+91.5%), from €70,965 to €135,925
of which Other amounts receivable: +€72,430
- Other debts +€109,734
up €109,734 (+44.1%), from €248,900 to €358,634
- Reserves -€74,227
down €74,227 (-44.5%), from €166,804 to €92,577
of which Distributable reserves: -€74,227
- Debts after one year -€27,967
down €27,967 (-9.9%), from €282,647 to €254,680
- Trade debts +€24,653
up €24,653 (+207%), from €11,886 to €36,540
- Tax, wage and social debts +€13,953
up €13,953 (+136%), from €10,294 to €24,248
- Gross operating margin +€58,392
up €58,392 (+583%), from €10,013 to €68,405
- Financial charges +€7,255
up €7,255 (+108%), from €6,722 to €13,977
- Taxes +€6,432
up €6,432 (+498%), from €1,293 to €7,725
- Depreciation +€2,216
up €2,216 (+479%), from €462 to €2,679
- Other operating charges -€2,061
down €2,061 (-67.3%), from €3,061 to €1,000
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 | €764,526 | €821,704 | +€57,178 | +7.5% |
| Fixed assets | 21/28 | €692,126 | €684,447 | -€7,679 | -1.1% |
| Tangible fixed assets | 22/27 | €467,538 | €464,859 | -€2,679 | -0.6% |
| Land and buildings | 22 | €467,538 | €464,859 | -€2,679 | -0.6% |
| Financial fixed assets | 28 | €224,589 | €219,589 | -€5,000 | -2.2% |
| Current assets | 29/58 | €72,400 | €137,257 | +€64,857 | +89.6% |
| Amounts receivable within one year | 40/41 | €70,965 | €135,925 | +€64,960 | +91.5% |
| Trade receivables | 40 | €29,180 | €21,709 | -€7,470 | -25.6% |
| Other amounts receivable | 41 | €41,785 | €114,216 | +€72,430 | +173% |
| Cash at bank and in hand | 54/58 | €236 | €111 | -€125 | -53.0% |
| Deferred charges and accrued income | 490/1 | €1,200 | €1,221 | +€22 | +1.8% |
| Total equity and liabilities | 10/49 | €764,526 | €821,704 | +€57,178 | +7.5% |
| Equity | 10/15 | €191,593 | €117,367 | -€74,227 | -38.7% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €166,804 | €92,577 | -€74,227 | -44.5% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | = | 0.0% |
| Distributable reserves | 133 | €164,325 | €90,098 | -€74,227 | -45.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €572,933 | €704,337 | +€131,405 | +22.9% |
| Amounts payable after more than one year | 17 | €282,647 | €254,680 | -€27,967 | -9.9% |
| Financial debts | 170/4 | €282,647 | €254,680 | -€27,967 | -9.9% |
| Amounts payable within one year | 42/48 | €290,286 | €449,658 | +€159,372 | +54.9% |
| Current portion of amounts payable after more than one year | 42 | €19,206 | €30,236 | +€11,030 | +57.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €11,886 | €36,540 | +€24,653 | +207% |
| Suppliers | 440/4 | €11,886 | €36,540 | +€24,653 | +207% |
| Taxes, remuneration and social security | 45 | €10,294 | €24,248 | +€13,953 | +136% |
| Taxes | 450/3 | €10,294 | €24,248 | +€13,953 | +136% |
| Other amounts payable | 47/48 | €248,900 | €358,634 | +€109,734 | +44.1% |
| Non-recurring operating income | 76A | - | €42,418 | +€42,418 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €462 | €2,679 | +€2,216 | +479% |
| Other operating charges | 640/8 | €3,061 | €1,000 | -€2,061 | -67.3% |
| Gross operating margin | 9900 | €10,013 | €68,405 | +€58,392 | +583% |
| Operating profit (loss) | 9901 | €6,489 | €64,726 | +€58,237 | +897% |
| Financial income | 75/76B | €3,428 | €2,977 | -€452 | -13.2% |
| Recurring financial income | 75 | €3,428 | €2,977 | -€452 | -13.2% |
| Financial charges | 65/66B | €6,722 | €13,977 | +€7,255 | +108% |
| Recurring financial charges | 65 | €6,722 | €13,977 | +€7,255 | +108% |
| Profit (loss) for the period before taxes | 9903 | €3,196 | €53,725 | +€50,530 | +1,581% |
| Income taxes | 67/77 | €1,293 | €7,725 | +€6,432 | +498% |
| Profit (loss) for the period | 9904 | €1,903 | €46,000 | +€44,097 | +2,317% |
| Profit (loss) for the period to be appropriated | 9905 | €1,903 | €46,000 | +€44,097 | +2,317% |
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 28 October 2026 via checked.be.