PAYROLL ADVICE: 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.
PAYROLL ADVICE
Largest movements
- Tangible fixed assets +€51,869
up €51,869 (+4941.4%), from €1,050 to €52,919
of which Other tangible fixed assets: +€52,377
- Cash +€37,796
up €37,796 (+119.5%), from €31,620 to €69,416
mainly Net result for the year (+€79,111) and Tax, wage and social debts (+€10,374)
- Receivables within one year +€7,400
up €7,400 (+124.9%), from €5,923 to €13,323
of which Other amounts receivable: +€4,380
- Deferred charges and accrued income -€2,093
down €2,093 (-80.4%), from €2,604 to €510
- Reserves +€79,111
up €79,111 (+389.0%), from €20,339 to €99,449
- Tax, wage and social debts +€10,374
up €10,374 (+62.5%), from €16,609 to €26,983
of which Taxes: +€8,878
- Trade debts +€4,407
up €4,407 (+108.2%), from €4,073 to €8,479
- Gross operating margin +€95,127
up €95,127 (+187.6%), from €50,713 to €145,840
- Staff costs +€21,926
up €21,926 (+92.3%), from €23,761 to €45,687
- Taxes +€13,815
up €13,815 (+248.8%), from €5,553 to €19,368
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 | €41,196 | €136,168 | +€94,972 | +230.5% |
| Fixed assets | 21/28 | €1,050 | €52,919 | +€51,869 | +4941.4% |
| Tangible fixed assets | 22/27 | €1,050 | €52,919 | +€51,869 | +4941.4% |
| Furniture and vehicles | 24 | €1,050 | €542 | -€508 | -48.3% |
| Other tangible fixed assets | 26 | - | €52,377 | +€52,377 | |
| Current assets | 29/58 | €40,146 | €83,249 | +€43,103 | +107.4% |
| Amounts receivable within one year | 40/41 | €5,923 | €13,323 | +€7,400 | +124.9% |
| Trade receivables | 40 | €5,923 | €8,943 | +€3,020 | +51.0% |
| Other amounts receivable | 41 | - | €4,380 | +€4,380 | |
| Cash at bank and in hand | 54/58 | €31,620 | €69,416 | +€37,796 | +119.5% |
| Deferred charges and accrued income | 490/1 | €2,604 | €510 | -€2,093 | -80.4% |
| Total equity and liabilities | 10/49 | €41,196 | €136,168 | +€94,972 | +230.5% |
| Equity | 10/15 | €20,339 | €99,449 | +€79,111 | +389.0% |
| Reserves | 13 | €20,339 | €99,449 | +€79,111 | +389.0% |
| Distributable reserves | 133 | €20,339 | €99,449 | +€79,111 | +389.0% |
| Amounts payable | 17/49 | €20,857 | €36,719 | +€15,862 | +76.0% |
| Amounts payable within one year | 42/48 | €20,682 | €35,475 | +€14,793 | +71.5% |
| Trade debts | 44 | €4,073 | €8,479 | +€4,407 | +108.2% |
| Suppliers | 440/4 | €4,073 | €8,479 | +€4,407 | +108.2% |
| Taxes, remuneration and social security | 45 | €16,609 | €26,983 | +€10,374 | +62.5% |
| Taxes | 450/3 | €11,499 | €20,378 | +€8,878 | +77.2% |
| Remuneration and social security | 454/9 | €5,110 | €6,606 | +€1,496 | +29.3% |
| Other amounts payable | 47/48 | - | €12 | +€12 | |
| Accrued charges and deferred income | 492/3 | €175 | €1,244 | +€1,069 | +610.9% |
| Remuneration, social security and pensions | 62 | €23,761 | €45,687 | +€21,926 | +92.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €473 | €1,255 | +€782 | +165.4% |
| Other operating charges | 640/8 | €563 | €539 | -€24 | -4.3% |
| Gross operating margin | 9900 | €50,713 | €145,840 | +€95,127 | +187.6% |
| Operating profit (loss) | 9901 | €25,916 | €98,358 | +€72,443 | +279.5% |
| Financial income | 75/76B | €12 | €160 | +€149 | +1238.5% |
| Recurring financial income | 75 | €12 | €160 | +€149 | +1238.5% |
| Financial charges | 65/66B | €36 | €40 | +€4 | +12.0% |
| Recurring financial charges | 65 | €36 | €40 | +€4 | +12.0% |
| Profit (loss) for the period before taxes | 9903 | €25,892 | €98,478 | +€72,587 | +280.3% |
| Income taxes | 67/77 | €5,553 | €19,368 | +€13,815 | +248.8% |
| Profit (loss) for the period | 9904 | €20,339 | €79,111 | +€58,772 | +289.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,339 | €79,111 | +€58,772 | +289.0% |
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.