Open BlackBox: what changed
Two fiscal 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.
Open BlackBox
Largest movements
- Cash +€57,067
up €57,067 (+633.4%), from €9,010 to €66,077
mainly Net result for the year (+€52,974) and Tax, wage and social debts (+€15,741)
- Receivables within one year +€12,187
up €12,187 (+201.4%), from €6,050 to €18,237
of which Trade receivables: +€12,187
- Profit (loss) carried forward +€52,974
up €52,974 (+511.8%), from €10,350 to €63,325
- Tax, wage and social debts +€15,741
up €15,741 (+478.8%), from €3,288 to €19,029
of which Taxes: +€15,741
- Turnover +€58,052
up €58,052 (+241.9%), from €24,000 to €82,052
- Gross operating margin +€51,428
up €51,428 (+322.5%), from €15,947 to €67,374
- Taxes +€10,739
up €10,739 (+422.0%), from €2,545 to €13,284
- Purchases and services +€6,505
up €6,505 (+79.6%), from €8,173 to €14,678
- Staff costs -€2,353
no longer reported in 2025 (was €2,353)
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 | €16,802 | €85,379 | +€68,576 | +408.1% |
| Fixed assets | 21/28 | €1,742 | €1,064 | -€678 | -38.9% |
| Tangible fixed assets | 22/27 | €1,742 | €1,064 | -€678 | -38.9% |
| Furniture and vehicles | 24 | €1,742 | €1,064 | -€678 | -38.9% |
| Current assets | 29/58 | €15,060 | €84,314 | +€69,254 | +459.9% |
| Amounts receivable within one year | 40/41 | €6,050 | €18,237 | +€12,187 | +201.4% |
| Trade receivables | 40 | €6,050 | €18,237 | +€12,187 | +201.4% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €9,010 | €66,077 | +€57,067 | +633.4% |
| Total equity and liabilities | 10/49 | €16,802 | €85,379 | +€68,576 | +408.1% |
| Equity | 10/15 | €13,350 | €66,325 | +€52,974 | +396.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,350 | €63,325 | +€52,974 | +511.8% |
| Amounts payable | 17/49 | €3,452 | €19,054 | +€15,602 | +452.0% |
| Amounts payable within one year | 42/48 | €3,452 | €19,054 | +€15,602 | +452.0% |
| Trade debts | 44 | €164 | €25 | -€139 | -84.8% |
| Suppliers | 440/4 | €164 | €25 | -€139 | -84.8% |
| Taxes, remuneration and social security | 45 | €3,288 | €19,029 | +€15,741 | +478.8% |
| Taxes | 450/3 | €3,288 | €19,029 | +€15,741 | +478.8% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Turnover | 70 | €24,000 | €82,052 | +€58,052 | +241.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €8,173 | €14,678 | +€6,505 | +79.6% |
| Remuneration, social security and pensions | 62 | €2,353 | - | -€2,353 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €312 | €678 | +€366 | +117.2% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €15,947 | €67,374 | +€51,428 | +322.5% |
| Operating profit (loss) | 9901 | €12,894 | €66,296 | +€53,402 | +414.1% |
| Financial income | 75/76B | €4 | €82 | +€77 | +1715.8% |
| Recurring financial income | 75 | €4 | €82 | +€77 | +1715.8% |
| Financial charges | 65/66B | €4 | €119 | +€116 | +3190.4% |
| Recurring financial charges | 65 | €4 | €119 | +€116 | +3190.4% |
| Profit (loss) for the period before taxes | 9903 | €12,895 | €66,259 | +€53,363 | +413.8% |
| Income taxes | 67/77 | €2,545 | €13,284 | +€10,739 | +422.0% |
| Profit (loss) for the period | 9904 | €10,350 | €52,974 | +€42,624 | +411.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,350 | €52,974 | +€42,624 | +411.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.