P.L. SALES: 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.
P.L. SALES
Largest movements
- Cash -€39,491
down €39,491 (-68.8%), from €57,393 to €17,902
mainly Other debts (-€20,580) and Deferred charges and accrued income (-€16,240)
- Deferred charges and accrued income +€16,240
new in 2025: €16,240
- Receivables within one year +€12,555
up €12,555 (+61.7%), from €20,351 to €32,906
of which Trade receivables: +€6,707
- Stocks and contracts +€12,500
up €12,500 (+7.1%), from €175,771 to €188,271
- Profit (loss) carried forward +€22,605
up €22,605 (+48.3%), from -€46,755 to -€24,150
- Other debts -€20,580
down €20,580 (-10.4%), from €198,128 to €177,548
- Tax, wage and social debts -€5,594
no longer reported in 2025 (was €5,594)
- Trade debts +€4,873
up €4,873 (+57.4%), from €8,492 to €13,365
- Depreciation -€10,849
down €10,849 (-82.9%), from €13,082 to €2,233
- Gross operating margin -€7,830
down €7,830 (-20.8%), from €37,609 to €29,779
- Taxes -€1,335
down €1,335 (-24.5%), from €5,442 to €4,108
- Other operating charges -€488
down €488 (-42.0%), from €1,163 to €675
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 | €264,416 | €265,719 | +€1,304 | +0.5% |
| Fixed assets | 21/28 | €10,900 | €10,401 | -€500 | -4.6% |
| Intangible fixed assets | 21 | - | €1,728 | +€1,728 | |
| Tangible fixed assets | 22/27 | €8,801 | €6,574 | -€2,227 | -25.3% |
| Plant, machinery and equipment | 23 | €4,017 | €4,876 | +€859 | +21.4% |
| Furniture and vehicles | 24 | €4,784 | €1,698 | -€3,086 | -64.5% |
| Financial fixed assets | 28 | €2,099 | €2,099 | = | 0.0% |
| Current assets | 29/58 | €253,516 | €255,319 | +€1,803 | +0.7% |
| Stocks and contracts in progress | 3 | €175,771 | €188,271 | +€12,500 | +7.1% |
| Stocks | 30/36 | €175,771 | €188,271 | +€12,500 | +7.1% |
| Amounts receivable within one year | 40/41 | €20,351 | €32,906 | +€12,555 | +61.7% |
| Trade receivables | 40 | €20,294 | €27,001 | +€6,707 | +33.1% |
| Other amounts receivable | 41 | €58 | €5,905 | +€5,847 | +10,164% |
| Cash at bank and in hand | 54/58 | €57,393 | €17,902 | -€39,491 | -68.8% |
| Deferred charges and accrued income | 490/1 | - | €16,240 | +€16,240 | |
| Total equity and liabilities | 10/49 | €264,416 | €265,719 | +€1,304 | +0.5% |
| Equity | 10/15 | €52,202 | €74,806 | +€22,605 | +43.3% |
| Contributions | 10/11 | €98,592 | €98,592 | = | 0.0% |
| Reserves | 13 | €365 | €365 | = | 0.0% |
| Non-distributable reserves | 130/1 | €365 | €365 | = | 0.0% |
| Reserves not available under the articles | 1311 | €365 | €365 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,755 | -€24,150 | +€22,605 | +48.3% |
| Amounts payable | 17/49 | €212,214 | €190,913 | -€21,301 | -10.0% |
| Amounts payable within one year | 42/48 | €212,214 | €190,913 | -€21,301 | -10.0% |
| Trade debts | 44 | €8,492 | €13,365 | +€4,873 | +57.4% |
| Suppliers | 440/4 | €8,492 | €13,365 | +€4,873 | +57.4% |
| Taxes, remuneration and social security | 45 | €5,594 | - | -€5,594 | |
| Taxes | 450/3 | €5,594 | - | -€5,594 | |
| Other amounts payable | 47/48 | €198,128 | €177,548 | -€20,580 | -10.4% |
| Non-recurring operating income | 76A | - | €23,529 | +€23,529 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,082 | €2,233 | -€10,849 | -82.9% |
| Other operating charges | 640/8 | €1,163 | €675 | -€488 | -42.0% |
| Gross operating margin | 9900 | €37,609 | €29,779 | -€7,830 | -20.8% |
| Operating profit (loss) | 9901 | €23,364 | €26,871 | +€3,507 | +15.0% |
| Financial income | 75/76B | €3 | €0 | -€3 | -90.2% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -90.2% |
| Financial charges | 65/66B | €187 | €159 | -€28 | -14.9% |
| Recurring financial charges | 65 | €187 | €159 | -€28 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | €23,180 | €26,713 | +€3,532 | +15.2% |
| Income taxes | 67/77 | €5,442 | €4,108 | -€1,335 | -24.5% |
| Profit (loss) for the period | 9904 | €17,738 | €22,605 | +€4,867 | +27.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,738 | €22,605 | +€4,867 | +27.4% |
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 19 October 2026 via checked.be.