NEW TECHNIQUE: 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.
NEW TECHNIQUE
Largest movements
- Cash +€812,696
up €812,696 (+403%), from €201,831 to €1.0m
mainly Trade debts (+€593,466) and Net result for the year (+€276,288)
- Tangible fixed assets +€83,965
up €83,965 (+61.1%), from €137,461 to €221,426
of which Furniture and vehicles: +€87,047
- Receivables after one year -€67,076
no longer reported in 2025 (was €67,076)
- Trade debts +€593,466
up €593,466 (+70.9%), from €837,297 to €1.4m
- Other debts +€117,218
up €117,218 (+150%), from €78,145 to €195,363
- Tax, wage and social debts +€113,828
up €113,828 (+114%), from €100,016 to €213,844
of which Taxes: +€115,178
- Profit (loss) carried forward +€26,288
up €26,288 (+5.0%), from €521,323 to €547,611
- Turnover +€1.3m
up €1.3m (+53.1%), from €2.5m to €3.8m
- Purchases and services +€1.2m
up €1.2m (+55.0%), from €2.1m to €3.3m
- Gross operating margin +€136,921
up €136,921 (+40.2%), from €340,541 to €477,462
- Taxes +€49,433
up €49,433 (+65.5%), from €75,461 to €124,895
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 | €1,551,041 | €2,404,630 | +€853,589 | +55.0% |
| Fixed assets | 21/28 | €137,461 | €221,426 | +€83,965 | +61.1% |
| Tangible fixed assets | 22/27 | €137,461 | €221,426 | +€83,965 | +61.1% |
| Plant, machinery and equipment | 23 | €56,249 | €53,166 | -€3,082 | -5.5% |
| Furniture and vehicles | 24 | €81,212 | €168,259 | +€87,047 | +107% |
| Current assets | 29/58 | €1,413,580 | €2,183,204 | +€769,625 | +54.4% |
| Amounts receivable after more than one year | 29 | €67,076 | - | -€67,076 | |
| Other amounts receivable | 291 | €67,076 | - | -€67,076 | |
| Amounts receivable within one year | 40/41 | €1,144,673 | €1,168,678 | +€24,005 | +2.1% |
| Trade receivables | 40 | €486,026 | €488,439 | +€2,413 | +0.5% |
| Other amounts receivable | 41 | €658,647 | €680,239 | +€21,592 | +3.3% |
| Cash at bank and in hand | 54/58 | €201,831 | €1,014,526 | +€812,696 | +403% |
| Total equity and liabilities | 10/49 | €1,551,041 | €2,404,630 | +€853,589 | +55.0% |
| Equity | 10/15 | €535,583 | €561,871 | +€26,288 | +4.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €521,323 | €547,611 | +€26,288 | +5.0% |
| Amounts payable | 17/49 | €1,015,458 | €1,842,759 | +€827,301 | +81.5% |
| Amounts payable within one year | 42/48 | €1,015,458 | €1,842,759 | +€827,301 | +81.5% |
| Financial debts | 43 | - | €2,789 | +€2,789 | |
| Credit institutions | 430/8 | - | €2,789 | +€2,789 | |
| Trade debts | 44 | €837,297 | €1,430,762 | +€593,466 | +70.9% |
| Suppliers | 440/4 | €837,297 | €1,430,762 | +€593,466 | +70.9% |
| Taxes, remuneration and social security | 45 | €100,016 | €213,844 | +€113,828 | +114% |
| Taxes | 450/3 | €97,316 | €212,494 | +€115,178 | +118% |
| Remuneration and social security | 454/9 | €2,700 | €1,350 | -€1,350 | -50.0% |
| Other amounts payable | 47/48 | €78,145 | €195,363 | +€117,218 | +150% |
| Turnover | 70 | €2,473,860 | €3,786,433 | +€1.3m | +53.1% |
| Non-recurring operating income | 76A | €2,252 | €1,993 | -€259 | -11.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,135,571 | €3,310,964 | +€1.2m | +55.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,574 | €62,942 | +€17,368 | +38.1% |
| Other operating charges | 640/8 | €4,661 | €1,959 | -€2,703 | -58.0% |
| Non-recurring operating charges | 66A | - | €13,070 | +€13,070 | |
| Gross operating margin | 9900 | €340,541 | €477,462 | +€136,921 | +40.2% |
| Operating profit (loss) | 9901 | €290,306 | €399,491 | +€109,186 | +37.6% |
| Financial income | 75/76B | €9,834 | €4,000 | -€5,834 | -59.3% |
| Recurring financial income | 75 | €9,834 | €4,000 | -€5,834 | -59.3% |
| Financial charges | 65/66B | €3,948 | €2,308 | -€1,640 | -41.5% |
| Recurring financial charges | 65 | €3,948 | €2,308 | -€1,640 | -41.5% |
| Profit (loss) for the period before taxes | 9903 | €296,192 | €401,183 | +€104,991 | +35.4% |
| Income taxes | 67/77 | €75,461 | €124,895 | +€49,433 | +65.5% |
| Profit (loss) for the period | 9904 | €220,731 | €276,288 | +€55,558 | +25.2% |
| Profit (loss) for the period to be appropriated | 9905 | €220,731 | €276,288 | +€55,558 | +25.2% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.