Nicolas Dumont: 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.
Nicolas Dumont
Largest movements
- Cash +€68,367
up €68,367 (+68.0%), from €100,467 to €168,834
mainly Net result for the year (+€102,711) and Tax, wage and social debts (+€29,583)
- Receivables within one year +€50,023
up €50,023 (+13,661%), from €366 to €50,389
of which Trade receivables: +€50,000
- Tangible fixed assets +€19,720
up €19,720 (+989%), from €1,995 to €21,715
of which Furniture and vehicles: +€19,736
- Reserves +€102,711
up €102,711 (+123%), from €83,733 to €186,444
- Tax, wage and social debts +€29,583
up €29,583 (+187%), from €15,852 to €45,436
- Trade debts +€7,279
new in 2025: €7,279
- Gross operating margin +€101,711
up €101,711 (+278%), from €36,605 to €138,316
- Turnover +€75,595
up €75,595 (+59.1%), from €127,925 to €203,520
- Taxes +€21,070
up €21,070 (+292%), from €7,218 to €28,288
- Purchases and services -€20,907
down €20,907 (-20.8%), from €100,338 to €79,431
- Depreciation +€5,298
up €5,298 (+208%), from €2,551 to €7,849
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 | €104,585 | €244,158 | +€139,573 | +133% |
| Fixed assets | 21/28 | €3,495 | €23,215 | +€19,720 | +564% |
| Tangible fixed assets | 22/27 | €1,995 | €21,715 | +€19,720 | +989% |
| Plant, machinery and equipment | 23 | €1,348 | €1,332 | -€16 | -1.2% |
| Furniture and vehicles | 24 | €646 | €20,383 | +€19,736 | +3,053% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €101,091 | €220,943 | +€119,852 | +119% |
| Amounts receivable within one year | 40/41 | €366 | €50,389 | +€50,023 | +13,661% |
| Trade receivables | 40 | - | €50,000 | +€50,000 | |
| Other amounts receivable | 41 | €366 | €389 | +€23 | +6.3% |
| Cash at bank and in hand | 54/58 | €100,467 | €168,834 | +€68,367 | +68.0% |
| Deferred charges and accrued income | 490/1 | €257 | €1,720 | +€1,462 | +569% |
| Total equity and liabilities | 10/49 | €104,585 | €244,158 | +€139,573 | +133% |
| Equity | 10/15 | €88,733 | €191,444 | +€102,711 | +116% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €83,733 | €186,444 | +€102,711 | +123% |
| Distributable reserves | 133 | €83,733 | €186,444 | +€102,711 | +123% |
| Amounts payable | 17/49 | €15,852 | €52,714 | +€36,862 | +233% |
| Amounts payable within one year | 42/48 | €15,852 | €52,714 | +€36,862 | +233% |
| Trade debts | 44 | - | €7,279 | +€7,279 | |
| Suppliers | 440/4 | - | €7,279 | +€7,279 | |
| Taxes, remuneration and social security | 45 | €15,852 | €45,436 | +€29,583 | +187% |
| Taxes | 450/3 | €15,852 | €45,436 | +€29,583 | +187% |
| Turnover | 70 | €127,925 | €203,520 | +€75,595 | +59.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €100,338 | €79,431 | -€20,907 | -20.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,551 | €7,849 | +€5,298 | +208% |
| Other operating charges | 640/8 | €88 | €311 | +€223 | +255% |
| Gross operating margin | 9900 | €36,605 | €138,316 | +€101,711 | +278% |
| Operating profit (loss) | 9901 | €33,966 | €130,155 | +€96,189 | +283% |
| Financial income | 75/76B | €2,289 | €1,117 | -€1,172 | -51.2% |
| Recurring financial income | 75 | €2,289 | €1,117 | -€1,172 | -51.2% |
| Financial charges | 65/66B | €1,210 | €274 | -€937 | -77.4% |
| Recurring financial charges | 65 | €1,210 | €274 | -€937 | -77.4% |
| Profit (loss) for the period before taxes | 9903 | €35,045 | €130,999 | +€95,954 | +274% |
| Income taxes | 67/77 | €7,218 | €28,288 | +€21,070 | +292% |
| Profit (loss) for the period | 9904 | €27,827 | €102,711 | +€74,884 | +269% |
| Profit (loss) for the period to be appropriated | 9905 | €27,827 | €102,711 | +€74,884 | +269% |
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 27 October 2026 via checked.be.