Objectivo 2: what changed
Two fiscal 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.
Objectivo 2
Largest movements
- Cash +€18,268
up €18,268 (+358.4%), from €5,097 to €23,365
mainly Accrued charges and deferred income (+€22,000) and Net result for the year (+€5,279)
- Receivables within one year +€15,063
up €15,063 (+88.2%), from €17,068 to €32,131
- Deferred charges and accrued income +€568
new in 2025: €568
- Accrued charges and deferred income +€22,000
new in 2025: €22,000
- Profit (loss) carried forward +€5,279
up €5,279 (+40.1%), from €13,179 to €18,457
- Tax, wage and social debts +€4,933
up €4,933 (+67.3%), from €7,333 to €12,266
of which Remuneration and social security: +€2,999
- Other debts +€1,513
new in 2025: €1,513
- Gross operating margin -€9,366
down €9,366 (-56.6%), from €16,539 to €7,173
- Taxes -€1,515
down €1,515 (-45.1%), from €3,360 to €1,845
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 | €22,165 | €56,063 | +€33,898 | +152.9% |
| Current assets | 29/58 | €22,165 | €56,063 | +€33,898 | +152.9% |
| Amounts receivable within one year | 40/41 | €17,068 | €32,131 | +€15,063 | +88.2% |
| Trade receivables | 40 | €17,068 | €32,131 | +€15,063 | +88.2% |
| Cash at bank and in hand | 54/58 | €5,097 | €23,365 | +€18,268 | +358.4% |
| Deferred charges and accrued income | 490/1 | - | €568 | +€568 | |
| Total equity and liabilities | 10/49 | €22,165 | €56,063 | +€33,898 | +152.9% |
| Equity | 10/15 | €13,279 | €18,557 | +€5,279 | +39.8% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,179 | €18,457 | +€5,279 | +40.1% |
| Amounts payable | 17/49 | €8,886 | €37,506 | +€28,620 | +322.1% |
| Amounts payable within one year | 42/48 | €8,886 | €15,506 | +€6,620 | +74.5% |
| Trade debts | 44 | €1,553 | €1,727 | +€174 | +11.2% |
| Suppliers | 440/4 | €1,553 | €1,727 | +€174 | +11.2% |
| Taxes, remuneration and social security | 45 | €7,333 | €12,266 | +€4,933 | +67.3% |
| Taxes | 450/3 | €7,333 | €9,267 | +€1,934 | +26.4% |
| Remuneration and social security | 454/9 | - | €2,999 | +€2,999 | |
| Other amounts payable | 47/48 | - | €1,513 | +€1,513 | |
| Accrued charges and deferred income | 492/3 | - | €22,000 | +€22,000 | |
| Gross operating margin | 9900 | €16,539 | €7,173 | -€9,366 | -56.6% |
| Operating profit (loss) | 9901 | €16,539 | €7,173 | -€9,366 | -56.6% |
| Financial charges | 65/66B | - | €49 | +€49 | |
| Recurring financial charges | 65 | - | €49 | +€49 | |
| Profit (loss) for the period before taxes | 9903 | €16,539 | €7,124 | -€9,415 | -56.9% |
| Income taxes | 67/77 | €3,360 | €1,845 | -€1,515 | -45.1% |
| Profit (loss) for the period | 9904 | €13,179 | €5,279 | -€7,900 | -59.9% |
| Profit (loss) for the period to be appropriated | 9905 | €13,179 | €5,279 | -€7,900 | -59.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.