ONLINESTEIN: 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.
ONLINESTEIN
Largest movements
- Cash +€10,009
up €10,009 (+77.0%), from €12,997 to €23,006
mainly Net result for the year (+€27,219) and Receivables within one year (+€8,645)
- Deferred charges and accrued income +€9,011
up €9,011 (+974%), from €925 to €9,936
- Receivables within one year -€8,645
down €8,645 (-71.4%), from €12,107 to €3,462
of which Trade receivables: -€10,088
- Tangible fixed assets -€1,802
down €1,802 (-48.6%), from €3,709 to €1,908
- Reserves +€7,719
up €7,719 (+34.1%), from €22,649 to €30,369
- Tax, wage and social debts +€1,310
up €1,310 (+25.9%), from €5,064 to €6,374
- Other debts -€548
down €548 (-100%), from €548 to €0
- Accrued charges and deferred income +€512
up €512 (+137%), from €374 to €887
- Trade debts -€420
down €420 (-79.6%), from €528 to €108
- Gross operating margin +€8,257
up €8,257 (+28.5%), from €28,942 to €37,199
- Taxes +€1,893
up €1,893 (+35.2%), from €5,381 to €7,274
- Depreciation -€606
down €606 (-25.2%), from €2,408 to €1,802
- Other operating charges +€412
up €412 (+98.1%), from €419 to €831
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,764 | €38,337 | +€8,573 | +28.8% |
| Fixed assets | 21/28 | €3,734 | €1,933 | -€1,802 | -48.2% |
| Tangible fixed assets | 22/27 | €3,709 | €1,908 | -€1,802 | -48.6% |
| Furniture and vehicles | 24 | €3,709 | €1,908 | -€1,802 | -48.6% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €26,029 | €36,404 | +€10,375 | +39.9% |
| Amounts receivable within one year | 40/41 | €12,107 | €3,462 | -€8,645 | -71.4% |
| Trade receivables | 40 | €11,406 | €1,318 | -€10,088 | -88.4% |
| Other amounts receivable | 41 | €701 | €2,144 | +€1,443 | +206% |
| Cash at bank and in hand | 54/58 | €12,997 | €23,006 | +€10,009 | +77.0% |
| Deferred charges and accrued income | 490/1 | €925 | €9,936 | +€9,011 | +974% |
| Total equity and liabilities | 10/49 | €29,764 | €38,337 | +€8,573 | +28.8% |
| Equity | 10/15 | €23,249 | €30,969 | +€7,719 | +33.2% |
| Contributions | 10/11 | €600 | €600 | = | 0.0% |
| Reserves | 13 | €22,649 | €30,369 | +€7,719 | +34.1% |
| Distributable reserves | 133 | €22,649 | €30,369 | +€7,719 | +34.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €6,514 | €7,368 | +€854 | +13.1% |
| Amounts payable within one year | 42/48 | €6,140 | €6,481 | +€341 | +5.6% |
| Trade debts | 44 | €528 | €108 | -€420 | -79.6% |
| Suppliers | 440/4 | €528 | €108 | -€420 | -79.6% |
| Taxes, remuneration and social security | 45 | €5,064 | €6,374 | +€1,310 | +25.9% |
| Taxes | 450/3 | €5,064 | €6,374 | +€1,310 | +25.9% |
| Other amounts payable | 47/48 | €548 | €0 | -€548 | -100% |
| Accrued charges and deferred income | 492/3 | €374 | €887 | +€512 | +137% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,408 | €1,802 | -€606 | -25.2% |
| Other operating charges | 640/8 | €419 | €831 | +€412 | +98.1% |
| Gross operating margin | 9900 | €28,942 | €37,199 | +€8,257 | +28.5% |
| Operating profit (loss) | 9901 | €26,115 | €34,566 | +€8,452 | +32.4% |
| Financial income | 75/76B | €0 | €0 | +€0 | +500% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +500% |
| Financial charges | 65/66B | €240 | €73 | -€167 | -69.5% |
| Recurring financial charges | 65 | €240 | €73 | -€167 | -69.5% |
| Profit (loss) for the period before taxes | 9903 | €25,875 | €34,493 | +€8,618 | +33.3% |
| Income taxes | 67/77 | €5,381 | €7,274 | +€1,893 | +35.2% |
| Profit (loss) for the period | 9904 | €20,494 | €27,219 | +€6,726 | +32.8% |
| Profit (loss) for the period to be appropriated | 9905 | €20,494 | €27,219 | +€6,726 | +32.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.