OPTIMIZED ACCOUNTING PROCESSES: 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.
OPTIMIZED ACCOUNTING PROCESSES
Largest movements
- Current investments -€400,000
no longer reported in 2025 (was €400,000)
- Cash +€334,661
up €334,661 (+596.4%), from €56,114 to €390,775
mainly Current investments (+€400,000) and Net result for the year (+€64,352)
- Receivables within one year +€143,619
up €143,619 (+56.1%), from €255,820 to €399,440
of which Other amounts receivable: +€181,068
- Reserves +€60,000
up €60,000 (+43.3%), from €138,550 to €198,550
of which Distributable reserves: +€60,000
- Trade debts +€41,916
up €41,916 (+556.7%), from €7,530 to €49,446
- Tax, wage and social debts -€26,163
down €26,163 (-47.2%), from €55,476 to €29,313
- Gross operating margin -€81,503
down €81,503 (-46.1%), from €176,828 to €95,325
- Taxes -€8,020
down €8,020 (-16.3%), from €49,114 to €41,093
- Financial income -€2,286
down €2,286 (-14.8%), from €15,480 to €13,194
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 | €721,726 | €801,602 | +€79,876 | +11.1% |
| Fixed assets | 21/28 | €1,724 | €1,979 | +€255 | +14.8% |
| Tangible fixed assets | 22/27 | €1,724 | €1,979 | +€255 | +14.8% |
| Furniture and vehicles | 24 | €1,724 | €1,979 | +€255 | +14.8% |
| Current assets | 29/58 | €720,002 | €799,623 | +€79,621 | +11.1% |
| Amounts receivable within one year | 40/41 | €255,820 | €399,440 | +€143,619 | +56.1% |
| Trade receivables | 40 | €122,059 | €84,610 | -€37,449 | -30.7% |
| Other amounts receivable | 41 | €133,761 | €314,830 | +€181,068 | +135.4% |
| Current investments | 50/53 | €400,000 | - | -€400,000 | |
| Cash at bank and in hand | 54/58 | €56,114 | €390,775 | +€334,661 | +596.4% |
| Deferred charges and accrued income | 490/1 | €8,069 | €9,409 | +€1,340 | +16.6% |
| Total equity and liabilities | 10/49 | €721,726 | €801,602 | +€79,876 | +11.1% |
| Equity | 10/15 | €658,491 | €722,843 | +€64,352 | +9.8% |
| Contributions | 10/11 | €10 | €10 | = | 0.0% |
| Reserves | 13 | €138,550 | €198,550 | +€60,000 | +43.3% |
| Non-distributable reserves | 130/1 | €18,550 | €18,550 | = | 0.0% |
| Reserves not available under the articles | 1311 | €18,550 | €18,550 | = | 0.0% |
| Distributable reserves | 133 | €120,000 | €180,000 | +€60,000 | +50.0% |
| Profit (loss) carried forward | 14 | €519,931 | €524,283 | +€4,352 | +0.8% |
| Amounts payable | 17/49 | €63,236 | €78,759 | +€15,524 | +24.5% |
| Amounts payable after more than one year | 17 | €230 | - | -€230 | |
| Financial debts | 170/4 | €230 | - | -€230 | |
| Amounts payable within one year | 42/48 | €63,006 | €78,759 | +€15,754 | +25.0% |
| Trade debts | 44 | €7,530 | €49,446 | +€41,916 | +556.7% |
| Suppliers | 440/4 | €7,530 | €49,446 | +€41,916 | +556.7% |
| Taxes, remuneration and social security | 45 | €55,476 | €29,313 | -€26,163 | -47.2% |
| Taxes | 450/3 | €55,476 | €29,313 | -€26,163 | -47.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,733 | €2,001 | +€268 | +15.5% |
| Other operating charges | 640/8 | €557 | €977 | +€420 | +75.4% |
| Gross operating margin | 9900 | €176,828 | €95,325 | -€81,503 | -46.1% |
| Operating profit (loss) | 9901 | €174,537 | €92,346 | -€82,191 | -47.1% |
| Financial income | 75/76B | €15,480 | €13,194 | -€2,286 | -14.8% |
| Recurring financial income | 75 | €15,480 | €13,194 | -€2,286 | -14.8% |
| Financial charges | 65/66B | €100 | €96 | -€5 | -4.8% |
| Recurring financial charges | 65 | €100 | €96 | -€5 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €189,917 | €105,445 | -€84,472 | -44.5% |
| Income taxes | 67/77 | €49,114 | €41,093 | -€8,020 | -16.3% |
| Profit (loss) for the period | 9904 | €140,804 | €64,352 | -€76,452 | -54.3% |
| Profit (loss) for the period to be appropriated | 9905 | €140,804 | €64,352 | -€76,452 | -54.3% |
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 10 October 2026 via checked.be.