ON: 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.
ON
Largest movements
- Receivables within one year +€8,919
up €8,919 (+486.9%), from €1,832 to €10,751
- Stocks and contracts -€2,125
down €2,125 (-16.4%), from €12,938 to €10,813
- Cash -€1,174
down €1,174 (-8.9%), from €13,218 to €12,044
mainly Receivables within one year (-€8,919) and Accrued charges and deferred income (-€1,000)
- Tangible fixed assets -€812
down €812 (-37.9%), from €2,142 to €1,331
- Profit (loss) carried forward +€4,331
up €4,331 (+24.4%), from €17,782 to €22,113
- Trade debts +€2,210
up €2,210 (+5826.8%), from €38 to €2,247
- Accrued charges and deferred income -€1,000
no longer reported in 2025 (was €1,000)
- Tax, wage and social debts -€732
down €732 (-15.4%), from €4,754 to €4,021
- Gross operating margin +€1,223
up €1,223 (+16.2%), from €7,532 to €8,756
- Depreciation +€519
up €519 (+177.3%), from €293 to €812
- Financial income +€309
up €309 (+1090.8%), from €28 to €338
- Taxes +€178
up €178 (+17.9%), from €997 to €1,176
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 | €30,130 | €34,938 | +€4,808 | +16.0% |
| Fixed assets | 21/28 | €2,142 | €1,331 | -€812 | -37.9% |
| Tangible fixed assets | 22/27 | €2,142 | €1,331 | -€812 | -37.9% |
| Plant, machinery and equipment | 23 | €2,142 | €1,331 | -€812 | -37.9% |
| Current assets | 29/58 | €27,988 | €33,607 | +€5,620 | +20.1% |
| Stocks and contracts in progress | 3 | €12,938 | €10,813 | -€2,125 | -16.4% |
| Stocks | 30/36 | €12,938 | €10,813 | -€2,125 | -16.4% |
| Amounts receivable within one year | 40/41 | €1,832 | €10,751 | +€8,919 | +486.9% |
| Other amounts receivable | 41 | €1,832 | €10,751 | +€8,919 | +486.9% |
| Cash at bank and in hand | 54/58 | €13,218 | €12,044 | -€1,174 | -8.9% |
| Total equity and liabilities | 10/49 | €30,130 | €34,938 | +€4,808 | +16.0% |
| Equity | 10/15 | €24,338 | €28,669 | +€4,331 | +17.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €357 | €357 | = | 0.0% |
| Distributable reserves | 133 | €357 | €357 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,782 | €22,113 | +€4,331 | +24.4% |
| Amounts payable | 17/49 | €5,792 | €6,269 | +€477 | +8.2% |
| Amounts payable within one year | 42/48 | €4,792 | €6,269 | +€1,477 | +30.8% |
| Trade debts | 44 | €38 | €2,247 | +€2,210 | +5826.8% |
| Suppliers | 440/4 | €38 | €2,247 | +€2,210 | +5826.8% |
| Taxes, remuneration and social security | 45 | €4,754 | €4,021 | -€732 | -15.4% |
| Taxes | 450/3 | €4,754 | €4,021 | -€732 | -15.4% |
| Accrued charges and deferred income | 492/3 | €1,000 | - | -€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €293 | €812 | +€519 | +177.3% |
| Other operating charges | 640/8 | €2,625 | €2,706 | +€81 | +3.1% |
| Gross operating margin | 9900 | €7,532 | €8,756 | +€1,223 | +16.2% |
| Operating profit (loss) | 9901 | €4,614 | €5,238 | +€624 | +13.5% |
| Financial income | 75/76B | €28 | €338 | +€309 | +1090.8% |
| Recurring financial income | 75 | €28 | €338 | +€309 | +1090.8% |
| Financial charges | 65/66B | €67 | €69 | +€1 | +1.8% |
| Recurring financial charges | 65 | €67 | €69 | +€1 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | €4,575 | €5,507 | +€932 | +20.4% |
| Income taxes | 67/77 | €997 | €1,176 | +€178 | +17.9% |
| Profit (loss) for the period | 9904 | €3,578 | €4,331 | +€753 | +21.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,578 | €4,331 | +€753 | +21.1% |
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 11 October 2026 via checked.be.