NUMBER118: 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.
NUMBER118
Largest movements
- Receivables within one year +€12,917
up €12,917 (+20.0%), from €64,641 to €77,558
of which Trade receivables: +€18,077
- Cash -€1,214
down €1,214 (-12.3%), from €9,838 to €8,624
mainly Other debts (-€44,655) and Receivables within one year (-€12,917)
- Other debts -€44,655
down €44,655 (-95.5%), from €46,757 to €2,102
- Trade debts +€32,207
up €32,207 (+65.5%), from €49,147 to €81,354
- Profit (loss) carried forward +€24,251
up €24,251 (+73.9%), from -€32,822 to -€8,571
- Gross operating margin +€76,802
up €76,802 (+247%), from €31,126 to €107,928
- Other operating charges +€14,955
up €14,955 (+24.2%), from €61,751 to €76,706
- Taxes +€6,467
up €6,467 (+4,146%), from €156 to €6,623
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 | €83,642 | €95,345 | +€11,703 | +14.0% |
| Fixed assets | 21/28 | €8,676 | €8,676 | = | 0.0% |
| Financial fixed assets | 28 | €8,676 | €8,676 | = | 0.0% |
| Current assets | 29/58 | €74,966 | €86,669 | +€11,703 | +15.6% |
| Amounts receivable within one year | 40/41 | €64,641 | €77,558 | +€12,917 | +20.0% |
| Trade receivables | 40 | €45,379 | €63,456 | +€18,077 | +39.8% |
| Other amounts receivable | 41 | €19,262 | €14,102 | -€5,160 | -26.8% |
| Cash at bank and in hand | 54/58 | €9,838 | €8,624 | -€1,214 | -12.3% |
| Deferred charges and accrued income | 490/1 | €487 | €487 | = | 0.0% |
| Total equity and liabilities | 10/49 | €83,642 | €95,345 | +€11,703 | +14.0% |
| Equity | 10/15 | -€12,362 | €11,889 | +€24,251 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,822 | -€8,571 | +€24,251 | +73.9% |
| Amounts payable | 17/49 | €96,004 | €83,456 | -€12,548 | -13.1% |
| Amounts payable within one year | 42/48 | €96,004 | €83,456 | -€12,548 | -13.1% |
| Trade debts | 44 | €49,147 | €81,354 | +€32,207 | +65.5% |
| Suppliers | 440/4 | €49,147 | €81,354 | +€32,207 | +65.5% |
| Taxes, remuneration and social security | 45 | €100 | - | -€100 | |
| Taxes | 450/3 | €100 | - | -€100 | |
| Other amounts payable | 47/48 | €46,757 | €2,102 | -€44,655 | -95.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €510 | - | -€510 | |
| Other operating charges | 640/8 | €61,751 | €76,706 | +€14,955 | +24.2% |
| Gross operating margin | 9900 | €31,126 | €107,928 | +€76,802 | +247% |
| Operating profit (loss) | 9901 | -€31,135 | €31,222 | +€62,357 | |
| Financial income | 75/76B | €80 | - | -€80 | |
| Recurring financial income | 75 | €80 | - | -€80 | |
| Financial charges | 65/66B | €317 | €348 | +€31 | +9.8% |
| Recurring financial charges | 65 | €317 | €348 | +€31 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | -€31,372 | €30,874 | +€62,246 | |
| Income taxes | 67/77 | €156 | €6,623 | +€6,467 | +4,146% |
| Profit (loss) for the period | 9904 | -€31,528 | €24,251 | +€55,779 | |
| Profit (loss) for the period to be appropriated | 9905 | -€31,528 | €24,251 | +€55,779 |
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 13 October 2026 via checked.be.