PAYROLL EXPERTS: 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.
PAYROLL EXPERTS
Largest movements
- Cash -€4,994
down €4,994 (-85.0%), from €5,875 to €881
mainly Receivables within one year (-€3,142) and Trade debts (-€2,305)
- Receivables within one year +€3,142
up €3,142 (+123%), from €2,548 to €5,690
of which Trade receivables: +€2,850
- Trade debts -€2,305
down €2,305 (-20.4%), from €11,296 to €8,991
- Profit (loss) carried forward +€2,096
up €2,096 (+4.0%), from -€52,526 to -€50,429
- Other debts -€1,733
down €1,733 (-2.8%), from €61,085 to €59,352
- Other operating charges -€5,115
down €5,115 (-97.5%), from €5,245 to €130
- Staff costs -€3,392
no longer reported in 2025 (was €3,392)
- Gross operating margin +€1,070
up €1,070 (+84.0%), from €1,274 to €2,344
- Financial charges +€51
up €51 (+77.0%), from €67 to €118
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 | €20,923 | €19,071 | -€1,852 | -8.9% |
| Fixed assets | 21/28 | €12,500 | €12,500 | = | 0.0% |
| Tangible fixed assets | 22/27 | €12,500 | €12,500 | = | 0.0% |
| Furniture and vehicles | 24 | €12,500 | €12,500 | = | 0.0% |
| Current assets | 29/58 | €8,423 | €6,571 | -€1,852 | -22.0% |
| Amounts receivable within one year | 40/41 | €2,548 | €5,690 | +€3,142 | +123% |
| Trade receivables | 40 | €2,302 | €5,152 | +€2,850 | +124% |
| Other amounts receivable | 41 | €246 | €539 | +€293 | +119% |
| Cash at bank and in hand | 54/58 | €5,875 | €881 | -€4,994 | -85.0% |
| Total equity and liabilities | 10/49 | €20,923 | €19,071 | -€1,852 | -8.9% |
| Equity | 10/15 | -€51,526 | -€49,429 | +€2,096 | +4.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,526 | -€50,429 | +€2,096 | +4.0% |
| Amounts payable | 17/49 | €72,448 | €68,500 | -€3,948 | -5.4% |
| Amounts payable within one year | 42/48 | €72,448 | €68,500 | -€3,948 | -5.4% |
| Trade debts | 44 | €11,296 | €8,991 | -€2,305 | -20.4% |
| Suppliers | 440/4 | €11,296 | €8,991 | -€2,305 | -20.4% |
| Taxes, remuneration and social security | 45 | €67 | €157 | +€90 | +135% |
| Taxes | 450/3 | €67 | €157 | +€90 | +135% |
| Other amounts payable | 47/48 | €61,085 | €59,352 | -€1,733 | -2.8% |
| Non-recurring operating income | 76A | €302 | - | -€302 | |
| Remuneration, social security and pensions | 62 | €3,392 | - | -€3,392 | |
| Other operating charges | 640/8 | €5,245 | €130 | -€5,115 | -97.5% |
| Non-recurring operating charges | 66A | €596 | - | -€596 | |
| Gross operating margin | 9900 | €1,274 | €2,344 | +€1,070 | +84.0% |
| Operating profit (loss) | 9901 | -€7,958 | €2,214 | +€10,173 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €67 | €118 | +€51 | +77.0% |
| Recurring financial charges | 65 | €67 | €118 | +€51 | +77.0% |
| Profit (loss) for the period before taxes | 9903 | -€8,025 | €2,096 | +€10,121 | |
| Profit (loss) for the period | 9904 | -€8,025 | €2,096 | +€10,121 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,025 | €2,096 | +€10,121 |
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 18 October 2026 via checked.be.