Numbers: 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.
Numbers
Largest movements
- Cash +€73,671
up €73,671 (+188.4%), from €39,095 to €112,766
mainly Net result for the year (+€68,010) and Trade debts (+€9,659)
- Receivables within one year +€13,474
up €13,474 (+46.5%), from €28,963 to €42,437
of which Trade receivables: +€13,570
- Profit (loss) carried forward +€68,010
up €68,010 (+151.8%), from €44,807 to €112,817
- Trade debts +€9,659
up €9,659 (+196.0%), from €4,927 to €14,586
- Tax, wage and social debts +€8,490
up €8,490 (+41.0%), from €20,716 to €29,206
- Gross operating margin +€28,792
up €28,792 (+49.0%), from €58,787 to €87,579
- Taxes +€5,551
up €5,551 (+45.6%), from €12,167 to €17,718
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 | €72,516 | €159,372 | +€86,856 | +119.8% |
| Fixed assets | 21/28 | €3,444 | €3,243 | -€201 | -5.8% |
| Tangible fixed assets | 22/27 | €3,444 | €3,243 | -€201 | -5.8% |
| Furniture and vehicles | 24 | €3,444 | €3,243 | -€201 | -5.8% |
| Current assets | 29/58 | €69,072 | €156,129 | +€87,057 | +126.0% |
| Amounts receivable within one year | 40/41 | €28,963 | €42,437 | +€13,474 | +46.5% |
| Trade receivables | 40 | €28,844 | €42,414 | +€13,570 | +47.0% |
| Other amounts receivable | 41 | €119 | €23 | -€96 | -80.6% |
| Cash at bank and in hand | 54/58 | €39,095 | €112,766 | +€73,671 | +188.4% |
| Deferred charges and accrued income | 490/1 | €1,014 | €926 | -€88 | -8.6% |
| Total equity and liabilities | 10/49 | €72,516 | €159,372 | +€86,856 | +119.8% |
| Equity | 10/15 | €46,807 | €114,817 | +€68,010 | +145.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,807 | €112,817 | +€68,010 | +151.8% |
| Amounts payable | 17/49 | €25,709 | €44,555 | +€18,846 | +73.3% |
| Amounts payable within one year | 42/48 | €25,643 | €43,791 | +€18,148 | +70.8% |
| Trade debts | 44 | €4,927 | €14,586 | +€9,659 | +196.0% |
| Suppliers | 440/4 | €4,927 | €14,586 | +€9,659 | +196.0% |
| Taxes, remuneration and social security | 45 | €20,716 | €29,206 | +€8,490 | +41.0% |
| Taxes | 450/3 | €20,716 | €29,206 | +€8,490 | +41.0% |
| Accrued charges and deferred income | 492/3 | €66 | €764 | +€697 | +1054.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,372 | €1,688 | +€316 | +23.0% |
| Other operating charges | 640/8 | €384 | €144 | -€240 | -62.5% |
| Gross operating margin | 9900 | €58,787 | €87,579 | +€28,792 | +49.0% |
| Operating profit (loss) | 9901 | €57,030 | €85,746 | +€28,716 | +50.4% |
| Financial income | 75/76B | - | €44 | +€44 | |
| Recurring financial income | 75 | - | €44 | +€44 | |
| Financial charges | 65/66B | €56 | €62 | +€6 | +10.7% |
| Recurring financial charges | 65 | €56 | €62 | +€6 | +10.7% |
| Profit (loss) for the period before taxes | 9903 | €56,974 | €85,728 | +€28,754 | +50.5% |
| Income taxes | 67/77 | €12,167 | €17,718 | +€5,551 | +45.6% |
| Profit (loss) for the period | 9904 | €44,807 | €68,010 | +€23,203 | +51.8% |
| Profit (loss) for the period to be appropriated | 9905 | €44,807 | €68,010 | +€23,203 | +51.8% |
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 9 October 2026 via checked.be.