Nosce Te Ipsum: 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.
Nosce Te Ipsum
Largest movements
- Cash +€177,176
up €177,176 (+465%), from €38,098 to €215,274
mainly Net result for the year (+€209,637) and Tax, wage and social debts (+€67,281)
- Deferred charges and accrued income +€61,349
up €61,349 (+74.2%), from €82,729 to €144,078
- Receivables after one year +€36,893
new in 2025: €36,893
- Profit (loss) carried forward +€208,804
up €208,804 (+216%), from €96,497 to €305,301
- Tax, wage and social debts +€67,281
up €67,281 (+249%), from €27,012 to €94,292
- Gross operating margin +€153,316
up €153,316 (+122%), from €125,297 to €278,614
- Taxes +€40,269
up €40,269 (+149%), from €27,012 to €67,281
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 | €127,617 | €403,236 | +€275,620 | +216% |
| Fixed assets | 21/28 | €6,790 | €6,992 | +€202 | +3.0% |
| Tangible fixed assets | 22/27 | €6,790 | €6,992 | +€202 | +3.0% |
| Furniture and vehicles | 24 | €6,790 | €6,992 | +€202 | +3.0% |
| Current assets | 29/58 | €120,827 | €396,245 | +€275,418 | +228% |
| Amounts receivable after more than one year | 29 | - | €36,893 | +€36,893 | |
| Other amounts receivable | 291 | - | €36,893 | +€36,893 | |
| Cash at bank and in hand | 54/58 | €38,098 | €215,274 | +€177,176 | +465% |
| Deferred charges and accrued income | 490/1 | €82,729 | €144,078 | +€61,349 | +74.2% |
| Total equity and liabilities | 10/49 | €127,617 | €403,236 | +€275,620 | +216% |
| Equity | 10/15 | €98,997 | €307,801 | +€208,804 | +211% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,497 | €305,301 | +€208,804 | +216% |
| Amounts payable | 17/49 | €28,620 | €95,436 | +€66,816 | +233% |
| Amounts payable within one year | 42/48 | €28,498 | €95,226 | +€66,729 | +234% |
| Trade debts | 44 | €463 | €30 | -€433 | -93.5% |
| Suppliers | 440/4 | €463 | €30 | -€433 | -93.5% |
| Taxes, remuneration and social security | 45 | €27,012 | €94,292 | +€67,281 | +249% |
| Taxes | 450/3 | €27,012 | €94,292 | +€67,281 | +249% |
| Other amounts payable | 47/48 | €1,023 | €904 | -€119 | -11.6% |
| Accrued charges and deferred income | 492/3 | €122 | €209 | +€87 | +71.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €623 | €2,772 | +€2,149 | +345% |
| Other operating charges | 640/8 | €334 | €0 | -€334 | -100% |
| Gross operating margin | 9900 | €125,297 | €278,614 | +€153,316 | +122% |
| Operating profit (loss) | 9901 | €124,341 | €275,842 | +€151,501 | +122% |
| Financial income | 75/76B | €1 | €1,132 | +€1,131 | +161,613% |
| Recurring financial income | 75 | €1 | €1,132 | +€1,131 | +161,613% |
| Financial charges | 65/66B | - | €57 | +€57 | |
| Recurring financial charges | 65 | - | €57 | +€57 | |
| Profit (loss) for the period before taxes | 9903 | €124,342 | €276,917 | +€152,576 | +123% |
| Income taxes | 67/77 | €27,012 | €67,281 | +€40,269 | +149% |
| Profit (loss) for the period | 9904 | €97,330 | €209,637 | +€112,307 | +115% |
| Profit (loss) for the period to be appropriated | 9905 | €97,330 | €209,637 | +€112,307 | +115% |
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 19 October 2026 via checked.be.