NEXTSTEPS: what changed
Two fiscal 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.
NEXTSTEPS
Largest movements
- Cash -€13,892
down €13,892 (-21.9%), from €63,423 to €49,531
mainly Other debts (-€33,076) and Trade debts (-€4,909)
- Tangible fixed assets -€8,443
down €8,443 (-39.3%), from €21,479 to €13,036
- Receivables within one year -€7,980
down €7,980 (-53.5%), from €14,913 to €6,933
of which Trade receivables: -€6,830
- Other debts -€33,076
down €33,076 (-70.8%), from €46,738 to €13,662
- Reserves +€9,281
up €9,281 (+48.9%), from €18,992 to €28,273
- Trade debts -€4,909
down €4,909 (-94.1%), from €5,219 to €310
- Turnover -€86,470
no longer reported in 2025 (was €86,470)
- Purchases and services -€74,442
no longer reported in 2025 (was €74,442)
- Gross operating margin +€9,109
up €9,109 (+60.4%), from €15,071 to €24,180
- Taxes +€2,582
up €2,582 (+97.7%), from €2,644 to €5,226
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.
Cash bridge derived
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 | €100,292 | €70,742 | -€29,549 | -29.5% |
| Fixed assets | 21/28 | €21,570 | €13,127 | -€8,443 | -39.1% |
| Tangible fixed assets | 22/27 | €21,479 | €13,036 | -€8,443 | -39.3% |
| Furniture and vehicles | 24 | €21,479 | €13,036 | -€8,443 | -39.3% |
| Financial fixed assets | 28 | €91 | €91 | = | 0.0% |
| Current assets | 29/58 | €78,722 | €57,616 | -€21,106 | -26.8% |
| Amounts receivable within one year | 40/41 | €14,913 | €6,933 | -€7,980 | -53.5% |
| Trade receivables | 40 | €11,001 | €4,171 | -€6,830 | -62.1% |
| Other amounts receivable | 41 | €3,912 | €2,761 | -€1,150 | -29.4% |
| Cash at bank and in hand | 54/58 | €63,423 | €49,531 | -€13,892 | -21.9% |
| Deferred charges and accrued income | 490/1 | €385 | €1,152 | +€766 | +198.9% |
| Total equity and liabilities | 10/49 | €100,292 | €70,742 | -€29,549 | -29.5% |
| Equity | 10/15 | €47,265 | €56,545 | +€9,281 | +19.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €18,992 | €28,273 | +€9,281 | +48.9% |
| Distributable reserves | 133 | €18,992 | €28,273 | +€9,281 | +48.9% |
| Profit (loss) carried forward | 14 | €22,072 | €22,072 | = | 0.0% |
| Amounts payable | 17/49 | €53,027 | €14,197 | -€38,830 | -73.2% |
| Amounts payable within one year | 42/48 | €53,027 | €14,197 | -€38,830 | -73.2% |
| Trade debts | 44 | €5,219 | €310 | -€4,909 | -94.1% |
| Suppliers | 440/4 | €5,219 | €310 | -€4,909 | -94.1% |
| Taxes, remuneration and social security | 45 | €1,070 | €226 | -€845 | -78.9% |
| Taxes | 450/3 | €1,070 | €226 | -€845 | -78.9% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €46,738 | €13,662 | -€33,076 | -70.8% |
| Turnover | 70 | €86,470 | - | -€86,470 | |
| Goods, raw materials, services and sundry goods | 60/61 | €74,442 | - | -€74,442 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,689 | €8,443 | +€755 | +9.8% |
| Other operating charges | 640/8 | €1,257 | €1,149 | -€108 | -8.6% |
| Gross operating margin | 9900 | €15,071 | €24,180 | +€9,109 | +60.4% |
| Operating profit (loss) | 9901 | €6,125 | €14,588 | +€8,462 | +138.2% |
| Financial income | 75/76B | €3 | €0 | -€3 | -100.0% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -100.0% |
| Financial charges | 65/66B | €87 | €81 | -€6 | -6.9% |
| Recurring financial charges | 65 | €87 | €81 | -€6 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €6,041 | €14,506 | +€8,466 | +140.1% |
| Income taxes | 67/77 | €2,644 | €5,226 | +€2,582 | +97.7% |
| Profit (loss) for the period | 9904 | €3,397 | €9,281 | +€5,884 | +173.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,397 | €9,281 | +€5,884 | +173.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.