ONE FOR ALL: 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.
ONE FOR ALL
Largest movements
- Cash +€38,289
up €38,289 (+108%), from €35,345 to €73,635
mainly Net result for the year (+€29,004) and Depreciation (+€10,651)
- Tangible fixed assets -€10,651
down €10,651 (-20.3%), from €52,383 to €41,732
- Receivables within one year -€2,450
down €2,450 (-20.0%), from €12,272 to €9,823
- Reserves +€29,004
up €29,004 (+53.1%), from €54,583 to €83,586
- Debts after one year -€5,957
down €5,957 (-22.9%), from €25,999 to €20,042
- Tax, wage and social debts +€2,109
up €2,109 (+17.0%), from €12,388 to €14,497
of which Taxes: +€2,110
- Gross operating margin +€15,230
up €15,230 (+48.3%), from €31,531 to €46,761
- Depreciation +€9,778
up €9,778 (+1,120%), from €873 to €10,651
- Taxes -€4,759
down €4,759 (-47.9%), from €9,931 to €5,172
- Financial charges +€769
up €769 (+368%), from €209 to €978
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 | €103,060 | €128,302 | +€25,242 | +24.5% |
| Fixed assets | 21/28 | €52,383 | €41,732 | -€10,651 | -20.3% |
| Tangible fixed assets | 22/27 | €52,383 | €41,732 | -€10,651 | -20.3% |
| Furniture and vehicles | 24 | €52,383 | €41,732 | -€10,651 | -20.3% |
| Current assets | 29/58 | €50,677 | €86,571 | +€35,894 | +70.8% |
| Amounts receivable within one year | 40/41 | €12,272 | €9,823 | -€2,450 | -20.0% |
| Trade receivables | 40 | €12,272 | €9,823 | -€2,450 | -20.0% |
| Cash at bank and in hand | 54/58 | €35,345 | €73,635 | +€38,289 | +108% |
| Deferred charges and accrued income | 490/1 | €3,060 | €3,114 | +€54 | +1.8% |
| Total equity and liabilities | 10/49 | €103,060 | €128,302 | +€25,242 | +24.5% |
| Equity | 10/15 | €57,583 | €86,586 | +€29,004 | +50.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €54,583 | €83,586 | +€29,004 | +53.1% |
| Distributable reserves | 133 | €54,583 | €83,586 | +€29,004 | +53.1% |
| Amounts payable | 17/49 | €45,477 | €41,716 | -€3,761 | -8.3% |
| Amounts payable after more than one year | 17 | €25,999 | €20,042 | -€5,957 | -22.9% |
| Financial debts | 170/4 | €25,999 | €20,042 | -€5,957 | -22.9% |
| Amounts payable within one year | 42/48 | €19,479 | €21,640 | +€2,162 | +11.1% |
| Current portion of amounts payable after more than one year | 42 | €6,791 | €6,471 | -€320 | -4.7% |
| Trade debts | 44 | €217 | €498 | +€281 | +129% |
| Suppliers | 440/4 | €217 | €498 | +€281 | +129% |
| Taxes, remuneration and social security | 45 | €12,388 | €14,497 | +€2,109 | +17.0% |
| Taxes | 450/3 | €12,387 | €14,497 | +€2,110 | +17.0% |
| Remuneration and social security | 454/9 | €0 | €0 | -€0 | -100% |
| Other amounts payable | 47/48 | €83 | €175 | +€92 | +110% |
| Accrued charges and deferred income | 492/3 | - | €34 | +€34 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €873 | €10,651 | +€9,778 | +1,120% |
| Other operating charges | 640/8 | €632 | €956 | +€324 | +51.3% |
| Gross operating margin | 9900 | €31,531 | €46,761 | +€15,230 | +48.3% |
| Operating profit (loss) | 9901 | €30,027 | €35,154 | +€5,127 | +17.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €209 | €978 | +€769 | +368% |
| Recurring financial charges | 65 | €209 | €978 | +€769 | +368% |
| Profit (loss) for the period before taxes | 9903 | €29,818 | €34,176 | +€4,358 | +14.6% |
| Income taxes | 67/77 | €9,931 | €5,172 | -€4,759 | -47.9% |
| Profit (loss) for the period | 9904 | €19,886 | €29,004 | +€9,117 | +45.8% |
| Profit (loss) for the period to be appropriated | 9905 | €19,886 | €29,004 | +€9,117 | +45.8% |
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 13 October 2026 via checked.be.