NEXT STEP EVENTS: 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.
NEXT STEP EVENTS
Largest movements
- Receivables within one year +€48,842
up €48,842 (+64.5%), from €75,749 to €124,591
of which Other amounts receivable: +€50,026
- Cash -€10,098
down €10,098 (-50.6%), from €19,965 to €9,867
mainly Receivables within one year (-€48,842) and Contributions, distributions and other (-€15,000)
- Tangible fixed assets -€4,600
down €4,600 (-28.9%), from €15,937 to €11,337
of which Furniture and vehicles: -€2,554
- Deferred charges and accrued income +€1,929
up €1,929 (+83.0%), from €2,323 to €4,252
- Trade debts +€34,747
up €34,747 (+77.4%), from €44,907 to €79,654
- Advances received +€6,993
new in 2025: €6,993
- Reserves -€6,185
down €6,185 (-14.4%), from €42,900 to €36,715
- Tax, wage and social debts +€4,846
up €4,846 (+41.4%), from €11,709 to €16,555
of which Remuneration and social security: +€4,461
- Current portion of long-term debt -€2,626
down €2,626 (-91.4%), from €2,872 to €247
- Staff costs +€37,965
up €37,965 (+48.0%), from €79,063 to €117,028
- Gross operating margin +€17,830
up €17,830 (+15.4%), from €115,596 to €133,426
- Financial income +€1,738
up €1,738 (+61.4%), from €2,833 to €4,570
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 | €119,318 | €156,330 | +€37,012 | +31.0% |
| Fixed assets | 21/28 | €15,937 | €11,337 | -€4,600 | -28.9% |
| Tangible fixed assets | 22/27 | €15,937 | €11,337 | -€4,600 | -28.9% |
| Land and buildings | 22 | €387 | €0 | -€387 | -100% |
| Plant, machinery and equipment | 23 | €1,083 | €244 | -€839 | -77.5% |
| Furniture and vehicles | 24 | €7,865 | €5,311 | -€2,554 | -32.5% |
| Other tangible fixed assets | 26 | €6,602 | €5,782 | -€820 | -12.4% |
| Current assets | 29/58 | €103,381 | €144,993 | +€41,612 | +40.3% |
| Stocks and contracts in progress | 3 | €5,343 | €6,282 | +€939 | +17.6% |
| Stocks | 30/36 | €5,343 | €6,282 | +€939 | +17.6% |
| Amounts receivable within one year | 40/41 | €75,749 | €124,591 | +€48,842 | +64.5% |
| Trade receivables | 40 | €9,742 | €8,557 | -€1,185 | -12.2% |
| Other amounts receivable | 41 | €66,007 | €116,034 | +€50,026 | +75.8% |
| Cash at bank and in hand | 54/58 | €19,965 | €9,867 | -€10,098 | -50.6% |
| Deferred charges and accrued income | 490/1 | €2,323 | €4,252 | +€1,929 | +83.0% |
| Total equity and liabilities | 10/49 | €119,318 | €156,330 | +€37,012 | +31.0% |
| Equity | 10/15 | €55,300 | €49,115 | -€6,185 | -11.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €42,900 | €36,715 | -€6,185 | -14.4% |
| Distributable reserves | 133 | €42,900 | €36,715 | -€6,185 | -14.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €64,018 | €107,215 | +€43,197 | +67.5% |
| Amounts payable after more than one year | 17 | €247 | €0 | -€247 | -100% |
| Financial debts | 170/4 | €247 | €0 | -€247 | -100% |
| Amounts payable within one year | 42/48 | €63,771 | €107,215 | +€43,443 | +68.1% |
| Current portion of amounts payable after more than one year | 42 | €2,872 | €247 | -€2,626 | -91.4% |
| Financial debts | 43 | €4,283 | €3,766 | -€518 | -12.1% |
| Credit institutions | 430/8 | €4,283 | €3,766 | -€518 | -12.1% |
| Trade debts | 44 | €44,907 | €79,654 | +€34,747 | +77.4% |
| Suppliers | 440/4 | €44,907 | €79,654 | +€34,747 | +77.4% |
| Advances received on contracts in progress | 46 | - | €6,993 | +€6,993 | |
| Taxes, remuneration and social security | 45 | €11,709 | €16,555 | +€4,846 | +41.4% |
| Taxes | 450/3 | €10,764 | €11,149 | +€385 | +3.6% |
| Remuneration and social security | 454/9 | €944 | €5,406 | +€4,461 | +473% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €79,063 | €117,028 | +€37,965 | +48.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,064 | €4,600 | -€464 | -9.2% |
| Other operating charges | 640/8 | €775 | €1,670 | +€896 | +116% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €115,596 | €133,426 | +€17,830 | +15.4% |
| Operating profit (loss) | 9901 | €30,694 | €10,128 | -€20,567 | -67.0% |
| Financial income | 75/76B | €2,833 | €4,570 | +€1,738 | +61.4% |
| Recurring financial income | 75 | €2,833 | €4,570 | +€1,738 | +61.4% |
| Financial charges | 65/66B | €1,265 | €1,538 | +€273 | +21.5% |
| Recurring financial charges | 65 | €1,265 | €1,538 | +€273 | +21.5% |
| Profit (loss) for the period before taxes | 9903 | €32,262 | €13,160 | -€19,101 | -59.2% |
| Income taxes | 67/77 | €5,409 | €4,345 | -€1,065 | -19.7% |
| Profit (loss) for the period | 9904 | €26,852 | €8,815 | -€18,037 | -67.2% |
| Profit (loss) for the period to be appropriated | 9905 | €26,852 | €8,815 | -€18,037 | -67.2% |
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 23 October 2026 via checked.be.