ONE PIECE: 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 PIECE
Largest movements
- Cash +€87,211
up €87,211 (+60.1%), from €145,008 to €232,219
mainly Net result for the year (+€111,733) and Tax, wage and social debts (+€25,067)
- Receivables within one year +€28,613
up €28,613 (+74.6%), from €38,339 to €66,952
of which Other amounts receivable: +€29,290
- Tangible fixed assets +€7,370
up €7,370 (+70.5%), from €10,460 to €17,830
of which Furniture and vehicles: +€9,227
- Stocks and contracts +€4,234
up €4,234 (+27.3%), from €15,496 to €19,730
- Reserves +€111,733
up €111,733 (+89.9%), from €124,257 to €235,990
- Tax, wage and social debts +€25,067
up €25,067 (+62.9%), from €39,823 to €64,890
of which Taxes: +€23,321
- Trade debts -€5,699
down €5,699 (-15.8%), from €36,108 to €30,409
- Debts after one year -€3,724
down €3,724 (-100%), from €3,724 to €0
- Gross operating margin +€89,494
up €89,494 (+33.3%), from €268,410 to €357,904
- Staff costs +€42,670
up €42,670 (+32.3%), from €132,165 to €174,834
- Financial charges +€24,889
up €24,889 (+376%), from €6,619 to €31,508
- Taxes +€6,843
up €6,843 (+25.7%), from €26,600 to €33,443
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 | €212,440 | €341,013 | +€128,573 | +60.5% |
| Fixed assets | 21/28 | €10,460 | €17,830 | +€7,370 | +70.5% |
| Tangible fixed assets | 22/27 | €10,460 | €17,830 | +€7,370 | +70.5% |
| Plant, machinery and equipment | 23 | - | €867 | +€867 | |
| Furniture and vehicles | 24 | €1,608 | €10,836 | +€9,227 | +574% |
| Leasing and similar rights | 25 | €8,852 | €6,128 | -€2,724 | -30.8% |
| Current assets | 29/58 | €201,980 | €323,182 | +€121,203 | +60.0% |
| Stocks and contracts in progress | 3 | €15,496 | €19,730 | +€4,234 | +27.3% |
| Stocks | 30/36 | €15,496 | €19,730 | +€4,234 | +27.3% |
| Amounts receivable within one year | 40/41 | €38,339 | €66,952 | +€28,613 | +74.6% |
| Trade receivables | 40 | €961 | €284 | -€677 | -70.5% |
| Other amounts receivable | 41 | €37,378 | €66,669 | +€29,290 | +78.4% |
| Cash at bank and in hand | 54/58 | €145,008 | €232,219 | +€87,211 | +60.1% |
| Deferred charges and accrued income | 490/1 | €3,136 | €4,281 | +€1,145 | +36.5% |
| Total equity and liabilities | 10/49 | €212,440 | €341,013 | +€128,573 | +60.5% |
| Equity | 10/15 | €130,257 | €241,990 | +€111,733 | +85.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €124,257 | €235,990 | +€111,733 | +89.9% |
| Distributable reserves | 133 | €124,257 | €235,990 | +€111,733 | +89.9% |
| Amounts payable | 17/49 | €82,183 | €99,023 | +€16,840 | +20.5% |
| Amounts payable after more than one year | 17 | €3,724 | €0 | -€3,724 | -100% |
| Financial debts | 170/4 | €3,724 | €0 | -€3,724 | -100% |
| Amounts payable within one year | 42/48 | €77,899 | €99,023 | +€21,124 | +27.1% |
| Current portion of amounts payable after more than one year | 42 | €1,968 | €3,724 | +€1,756 | +89.3% |
| Trade debts | 44 | €36,108 | €30,409 | -€5,699 | -15.8% |
| Suppliers | 440/4 | €36,108 | €30,409 | -€5,699 | -15.8% |
| Taxes, remuneration and social security | 45 | €39,823 | €64,890 | +€25,067 | +62.9% |
| Taxes | 450/3 | €26,600 | €49,921 | +€23,321 | +87.7% |
| Remuneration and social security | 454/9 | €13,222 | €14,968 | +€1,746 | +13.2% |
| Accrued charges and deferred income | 492/3 | €560 | €0 | -€560 | -100% |
| Remuneration, social security and pensions | 62 | €132,165 | €174,834 | +€42,670 | +32.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,767 | €3,831 | +€1,063 | +38.4% |
| Other operating charges | 640/8 | €2,595 | €5,517 | +€2,922 | +113% |
| Gross operating margin | 9900 | €268,410 | €357,904 | +€89,494 | +33.3% |
| Operating profit (loss) | 9901 | €130,884 | €173,722 | +€42,838 | +32.7% |
| Financial income | 75/76B | €1 | €2,962 | +€2,961 | +365,614% |
| Recurring financial income | 75 | €1 | €2,962 | +€2,961 | +365,614% |
| Financial charges | 65/66B | €6,619 | €31,508 | +€24,889 | +376% |
| Recurring financial charges | 65 | €6,619 | €31,508 | +€24,889 | +376% |
| Profit (loss) for the period before taxes | 9903 | €124,265 | €145,176 | +€20,911 | +16.8% |
| Income taxes | 67/77 | €26,600 | €33,443 | +€6,843 | +25.7% |
| Profit (loss) for the period | 9904 | €97,665 | €111,733 | +€14,068 | +14.4% |
| Profit (loss) for the period to be appropriated | 9905 | €97,665 | €111,733 | +€14,068 | +14.4% |
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 21 October 2026 via checked.be.