Nuts and Bolts: what changed
Nuts and Bolts
Largest movements
- Cash +€83,557
up €83,557 (+156%), from €53,404 to €136,961
mainly Net result for the year (+€74,310) and Tax, wage and social debts (+€6,550)
- Reserves +€63,310
new in 2025: €63,310
- Profit (loss) carried forward +€11,000
up €11,000 (+21.7%), from €50,725 to €61,725
- Tax, wage and social debts +€6,550
up €6,550 (+952%), from €688 to €7,238
- Other debts +€2,000
new in 2025: €2,000
- Gross operating margin +€41,533
up €41,533 (+64.1%), from €64,795 to €106,328
- Taxes +€13,862
up €13,862 (+109%), from €12,688 to €26,550
- Financial charges +€4,520
up €4,520 (+290%), from €1,557 to €6,077
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €53,833 | €137,400 | +€83,568 | +155% |
| Fixed assets | 21/28 | - | €200 | +€200 | |
| Financial fixed assets | 28 | - | €200 | +€200 | |
| Current assets | 29/58 | €53,833 | €137,200 | +€83,368 | +155% |
| Amounts receivable within one year | 40/41 | €428 | €239 | -€189 | -44.2% |
| Other amounts receivable | 41 | €428 | €239 | -€189 | -44.2% |
| Cash at bank and in hand | 54/58 | €53,404 | €136,961 | +€83,557 | +156% |
| Total equity and liabilities | 10/49 | €53,833 | €137,400 | +€83,568 | +155% |
| Equity | 10/15 | €52,725 | €127,035 | +€74,310 | +141% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €63,310 | +€63,310 | |
| Distributable reserves | 133 | - | €63,310 | +€63,310 | |
| Profit (loss) carried forward | 14 | €50,725 | €61,725 | +€11,000 | +21.7% |
| Amounts payable | 17/49 | €1,108 | €10,365 | +€9,258 | +836% |
| Amounts payable within one year | 42/48 | €1,108 | €10,365 | +€9,258 | +836% |
| Trade debts | 44 | €420 | €1,127 | +€708 | +169% |
| Suppliers | 440/4 | €420 | €1,127 | +€708 | +169% |
| Taxes, remuneration and social security | 45 | €688 | €7,238 | +€6,550 | +952% |
| Taxes | 450/3 | €688 | €7,238 | +€6,550 | +952% |
| Other amounts payable | 47/48 | - | €2,000 | +€2,000 | |
| Gross operating margin | 9900 | €64,795 | €106,328 | +€41,533 | +64.1% |
| Operating profit (loss) | 9901 | €64,795 | €106,328 | +€41,533 | +64.1% |
| Financial income | 75/76B | €176 | €609 | +€433 | +247% |
| Recurring financial income | 75 | €176 | €609 | +€433 | +247% |
| Financial charges | 65/66B | €1,557 | €6,077 | +€4,520 | +290% |
| Recurring financial charges | 65 | €1,557 | €6,077 | +€4,520 | +290% |
| Profit (loss) for the period before taxes | 9903 | €63,413 | €100,860 | +€37,446 | +59.1% |
| Income taxes | 67/77 | €12,688 | €26,550 | +€13,862 | +109% |
| Profit (loss) for the period | 9904 | €50,725 | €74,310 | +€23,585 | +46.5% |
| Profit (loss) for the period to be appropriated | 9905 | €50,725 | €74,310 | +€23,585 | +46.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.