NEXT TRADE: 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 TRADE
Largest movements
- Intangible fixed assets +€96,000
new in 2025: €96,000
- Stocks and contracts +€62,883
new in 2025: €62,883
- Receivables within one year +€20,367
new in 2025: €20,367
- Cash +€4,000
up €4,000 (+399%), from €1,002 to €5,002
mainly Other debts (+€131,782) and Trade debts (+€55,946)
- Other debts +€131,782
new in 2025: €131,782
- Trade debts +€55,946
up €55,946 (+6,879%), from €813 to €56,759
- Profit (loss) carried forward -€4,477
down €4,477 (-194%), from -€2,311 to -€6,788
- Gross operating margin -€2,288
down €2,288 (-121%), from -€1,889 to -€4,177
- Other operating charges -€127
down €127 (-30.1%), from €422 to €295
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 | €1,002 | €184,253 | +€183,251 | +18,285% |
| Fixed assets | 21/28 | - | €96,000 | +€96,000 | |
| Intangible fixed assets | 21 | - | €96,000 | +€96,000 | |
| Current assets | 29/58 | €1,002 | €88,253 | +€87,251 | +8,706% |
| Stocks and contracts in progress | 3 | - | €62,883 | +€62,883 | |
| Stocks | 30/36 | - | €62,883 | +€62,883 | |
| Amounts receivable within one year | 40/41 | - | €20,367 | +€20,367 | |
| Other amounts receivable | 41 | - | €20,367 | +€20,367 | |
| Cash at bank and in hand | 54/58 | €1,002 | €5,002 | +€4,000 | +399% |
| Total equity and liabilities | 10/49 | €1,002 | €184,253 | +€183,251 | +18,285% |
| Equity | 10/15 | €189 | -€4,288 | -€4,477 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,311 | -€6,788 | -€4,477 | -194% |
| Amounts payable | 17/49 | €813 | €188,541 | +€187,728 | +23,083% |
| Amounts payable within one year | 42/48 | €813 | €188,541 | +€187,728 | +23,083% |
| Trade debts | 44 | €813 | €56,759 | +€55,946 | +6,879% |
| Suppliers | 440/4 | €813 | €56,759 | +€55,946 | +6,879% |
| Other amounts payable | 47/48 | - | €131,782 | +€131,782 | |
| Other operating charges | 640/8 | €422 | €295 | -€127 | -30.1% |
| Gross operating margin | 9900 | -€1,889 | -€4,177 | -€2,288 | -121% |
| Operating profit (loss) | 9901 | -€2,311 | -€4,472 | -€2,161 | -93.5% |
| Financial charges | 65/66B | - | €5 | +€5 | |
| Recurring financial charges | 65 | - | €5 | +€5 | |
| Profit (loss) for the period before taxes | 9903 | -€2,311 | -€4,477 | -€2,166 | -93.7% |
| Profit (loss) for the period | 9904 | -€2,311 | -€4,477 | -€2,166 | -93.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,311 | -€4,477 | -€2,166 | -93.7% |
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 14 October 2026 via checked.be.