OUTPUT ACADEMY: 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.
OUTPUT ACADEMY
Largest movements
- Cash +€7,691
up €7,691 (+11.8%), from €65,396 to €73,087
mainly Net result for the year (+€13,217) and Tax, wage and social debts (+€781)
- Receivables within one year +€1,476
up €1,476 (+24.7%), from €5,970 to €7,446
of which Other amounts receivable: +€1,000
- Profit (loss) carried forward +€12,556
up €12,556 (+253%), from €4,964 to €17,519
- Trade debts -€4,651
down €4,651 (-72.9%), from €6,381 to €1,730
- Financial charges -€14,267
down €14,267 (-98.7%), from €14,447 to €181
- Gross operating margin -€5,187
down €5,187 (-27.0%), from €19,204 to €14,017
- Depreciation -€2,500
down €2,500 (-100%), from €2,500 to €0
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 | €77,582 | €86,929 | +€9,347 | +12.0% |
| Formation expenses | 20 | €0 | - | = | |
| Current assets | 29/58 | €77,582 | €86,929 | +€9,347 | +12.0% |
| Stocks and contracts in progress | 3 | €6,092 | €6,088 | -€4 | -0.1% |
| Stocks | 30/36 | €6,092 | €6,088 | -€4 | -0.1% |
| Amounts receivable within one year | 40/41 | €5,970 | €7,446 | +€1,476 | +24.7% |
| Trade receivables | 40 | €5,970 | €6,446 | +€476 | +8.0% |
| Other amounts receivable | 41 | €0 | €1,000 | +€1,000 | |
| Cash at bank and in hand | 54/58 | €65,396 | €73,087 | +€7,691 | +11.8% |
| Deferred charges and accrued income | 490/1 | €124 | €308 | +€184 | +148% |
| Total equity and liabilities | 10/49 | €77,582 | €86,929 | +€9,347 | +12.0% |
| Equity | 10/15 | €69,842 | €83,058 | +€13,217 | +18.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €2,878 | €3,539 | +€661 | +23.0% |
| Non-distributable reserves | 130/1 | €2,878 | €3,539 | +€661 | +23.0% |
| Legal reserve | 130 | €2,878 | €3,539 | +€661 | +23.0% |
| Profit (loss) carried forward | 14 | €4,964 | €17,519 | +€12,556 | +253% |
| Amounts payable | 17/49 | €7,740 | €3,870 | -€3,870 | -50.0% |
| Amounts payable within one year | 42/48 | €7,740 | €3,870 | -€3,870 | -50.0% |
| Trade debts | 44 | €6,381 | €1,730 | -€4,651 | -72.9% |
| Suppliers | 440/4 | €6,381 | €1,730 | -€4,651 | -72.9% |
| Taxes, remuneration and social security | 45 | €1,359 | €2,140 | +€781 | +57.5% |
| Taxes | 450/3 | €1,359 | €2,140 | +€781 | +57.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,500 | €0 | -€2,500 | -100% |
| Other operating charges | 640/8 | €505 | €620 | +€114 | +22.6% |
| Gross operating margin | 9900 | €19,204 | €14,017 | -€5,187 | -27.0% |
| Operating profit (loss) | 9901 | €16,199 | €13,397 | -€2,801 | -17.3% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €14,447 | €181 | -€14,267 | -98.7% |
| Recurring financial charges | 65 | €14,447 | €181 | -€14,267 | -98.7% |
| Profit (loss) for the period before taxes | 9903 | €1,751 | €13,217 | +€11,465 | +655% |
| Profit (loss) for the period | 9904 | €1,751 | €13,217 | +€11,465 | +655% |
| Profit (loss) for the period to be appropriated | 9905 | €1,751 | €13,217 | +€11,465 | +655% |
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 23 October 2026 via checked.be.