ONCE UPON A TIME...: 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.
ONCE UPON A TIME...
Largest movements
- Receivables within one year +€88,353
up €88,353 (+92.1%), from €95,879 to €184,232
of which Trade receivables: +€92,066
- Cash -€25,981
down €25,981 (-18.7%), from €138,988 to €113,006
mainly Receivables within one year (-€88,353) and Other debts (-€12,798)
- Financial fixed assets +€5,145
up €5,145 (+76.2%), from €6,750 to €11,895
- Reserves +€73,325
up €73,325 (+36.9%), from €198,680 to €272,005
- Other debts -€12,798
down €12,798 (-21.8%), from €58,717 to €45,919
- Accrued charges and deferred income +€7,197
up €7,197, from €0 to €7,197
- Tax, wage and social debts -€6,914
down €6,914 (-23.1%), from €29,920 to €23,005
- Trade debts +€4,248
up €4,248 (+20.5%), from €20,689 to €24,937
- Gross operating margin +€31,924
up €31,924 (+36.3%), from €87,832 to €119,756
- Taxes +€8,818
up €8,818 (+31.0%), from €28,425 to €37,244
- Other operating charges +€1,366
up €1,366 (+96.3%), from €1,419 to €2,786
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 | €318,205 | €383,263 | +€65,057 | +20.4% |
| Fixed assets | 21/28 | €30,861 | €32,188 | +€1,327 | +4.3% |
| Tangible fixed assets | 22/27 | €24,111 | €20,293 | -€3,818 | -15.8% |
| Plant, machinery and equipment | 23 | €1,878 | €3,082 | +€1,204 | +64.1% |
| Furniture and vehicles | 24 | €8,765 | €5,575 | -€3,189 | -36.4% |
| Other tangible fixed assets | 26 | €13,469 | €11,636 | -€1,832 | -13.6% |
| Financial fixed assets | 28 | €6,750 | €11,895 | +€5,145 | +76.2% |
| Current assets | 29/58 | €287,344 | €351,074 | +€63,730 | +22.2% |
| Stocks and contracts in progress | 3 | €2,477 | €2,121 | -€356 | -14.4% |
| Stocks | 30/36 | €2,477 | €2,121 | -€356 | -14.4% |
| Amounts receivable within one year | 40/41 | €95,879 | €184,232 | +€88,353 | +92.1% |
| Trade receivables | 40 | €78,166 | €170,232 | +€92,066 | +118% |
| Other amounts receivable | 41 | €17,713 | €14,000 | -€3,713 | -21.0% |
| Current investments | 50/53 | €50,000 | €50,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €138,988 | €113,006 | -€25,981 | -18.7% |
| Deferred charges and accrued income | 490/1 | €0 | €1,715 | +€1,715 | |
| Total equity and liabilities | 10/49 | €318,205 | €383,263 | +€65,057 | +20.4% |
| Equity | 10/15 | €208,880 | €282,205 | +€73,325 | +35.1% |
| Contributions | 10/11 | €10,200 | €10,200 | = | 0.0% |
| Reserves | 13 | €198,680 | €272,005 | +€73,325 | +36.9% |
| Distributable reserves | 133 | €198,680 | €272,005 | +€73,325 | +36.9% |
| Amounts payable | 17/49 | €109,326 | €101,058 | -€8,268 | -7.6% |
| Amounts payable within one year | 42/48 | €109,326 | €93,861 | -€15,465 | -14.1% |
| Trade debts | 44 | €20,689 | €24,937 | +€4,248 | +20.5% |
| Suppliers | 440/4 | €20,689 | €24,937 | +€4,248 | +20.5% |
| Taxes, remuneration and social security | 45 | €29,920 | €23,005 | -€6,914 | -23.1% |
| Taxes | 450/3 | €29,920 | €23,005 | -€6,914 | -23.1% |
| Other amounts payable | 47/48 | €58,717 | €45,919 | -€12,798 | -21.8% |
| Accrued charges and deferred income | 492/3 | €0 | €7,197 | +€7,197 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,244 | €6,539 | +€294 | +4.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,419 | €2,786 | +€1,366 | +96.3% |
| Gross operating margin | 9900 | €87,832 | €119,756 | +€31,924 | +36.3% |
| Operating profit (loss) | 9901 | €80,168 | €110,432 | +€30,264 | +37.8% |
| Financial income | 75/76B | €313 | €459 | +€146 | +46.5% |
| Recurring financial income | 75 | €313 | €459 | +€146 | +46.5% |
| Financial charges | 65/66B | €619 | €322 | -€297 | -48.0% |
| Recurring financial charges | 65 | €619 | €322 | -€297 | -48.0% |
| Profit (loss) for the period before taxes | 9903 | €79,862 | €110,569 | +€30,706 | +38.4% |
| Income taxes | 67/77 | €28,425 | €37,244 | +€8,818 | +31.0% |
| Profit (loss) for the period | 9904 | €51,437 | €73,325 | +€21,888 | +42.6% |
| Profit (loss) for the period to be appropriated | 9905 | €51,437 | €73,325 | +€21,888 | +42.6% |
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 14 October 2026 via checked.be.