PERFORM TOGETHER: 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.
PERFORM TOGETHER
Largest movements
- Receivables within one year -€4,908
down €4,908 (-29.9%), from €16,389 to €11,481
of which Trade receivables: -€7,329
- Cash +€4,742
up €4,742 (+160%), from €2,955 to €7,697
mainly Receivables within one year (+€4,908) and Net result for the year (+€1,779)
- Tangible fixed assets -€1,445
down €1,445 (-40.4%), from €3,581 to €2,135
- Deferred charges and accrued income -€1,332
down €1,332 (-86.6%), from €1,538 to €206
- Tax, wage and social debts -€3,321
down €3,321 (-48.0%), from €6,925 to €3,605
- Profit (loss) carried forward +€1,779
up €1,779 (+29.2%), from €6,083 to €7,862
- Other debts -€776
down €776 (-10.2%), from €7,580 to €6,804
- Trade debts -€626
down €626 (-45.6%), from €1,374 to €748
- Gross operating margin +€2,109
up €2,109 (+53.0%), from €3,981 to €6,090
- Depreciation +€690
up €690 (+91.3%), from €755 to €1,445
- Other operating charges +€377
up €377 (+81.3%), from €464 to €842
- Financial income +€249
up €249 (+910%), from €27 to €276
- Taxes +€70
up €70 (+4.6%), from €1,509 to €1,579
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 | €24,463 | €21,519 | -€2,944 | -12.0% |
| Fixed assets | 21/28 | €3,581 | €2,135 | -€1,445 | -40.4% |
| Tangible fixed assets | 22/27 | €3,581 | €2,135 | -€1,445 | -40.4% |
| Furniture and vehicles | 24 | €3,581 | €2,135 | -€1,445 | -40.4% |
| Current assets | 29/58 | €20,882 | €19,383 | -€1,498 | -7.2% |
| Amounts receivable within one year | 40/41 | €16,389 | €11,481 | -€4,908 | -29.9% |
| Trade receivables | 40 | €16,389 | €9,060 | -€7,329 | -44.7% |
| Other amounts receivable | 41 | - | €2,421 | +€2,421 | |
| Cash at bank and in hand | 54/58 | €2,955 | €7,697 | +€4,742 | +160% |
| Deferred charges and accrued income | 490/1 | €1,538 | €206 | -€1,332 | -86.6% |
| Total equity and liabilities | 10/49 | €24,463 | €21,519 | -€2,944 | -12.0% |
| Equity | 10/15 | €8,583 | €10,362 | +€1,779 | +20.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,083 | €7,862 | +€1,779 | +29.2% |
| Amounts payable | 17/49 | €15,879 | €11,157 | -€4,722 | -29.7% |
| Amounts payable within one year | 42/48 | €15,879 | €11,157 | -€4,722 | -29.7% |
| Trade debts | 44 | €1,374 | €748 | -€626 | -45.6% |
| Suppliers | 440/4 | €1,374 | €748 | -€626 | -45.6% |
| Taxes, remuneration and social security | 45 | €6,925 | €3,605 | -€3,321 | -48.0% |
| Taxes | 450/3 | €6,925 | €3,605 | -€3,321 | -48.0% |
| Other amounts payable | 47/48 | €7,580 | €6,804 | -€776 | -10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €755 | €1,445 | +€690 | +91.3% |
| Other operating charges | 640/8 | €464 | €842 | +€377 | +81.3% |
| Gross operating margin | 9900 | €3,981 | €6,090 | +€2,109 | +53.0% |
| Operating profit (loss) | 9901 | €2,761 | €3,803 | +€1,042 | +37.7% |
| Financial income | 75/76B | €27 | €276 | +€249 | +910% |
| Recurring financial income | 75 | €27 | €276 | +€249 | +910% |
| Financial charges | 65/66B | €653 | €721 | +€68 | +10.5% |
| Recurring financial charges | 65 | €653 | €721 | +€68 | +10.5% |
| Profit (loss) for the period before taxes | 9903 | €2,136 | €3,358 | +€1,222 | +57.2% |
| Income taxes | 67/77 | €1,509 | €1,579 | +€70 | +4.6% |
| Profit (loss) for the period | 9904 | €626 | €1,779 | +€1,152 | +184% |
| Profit (loss) for the period to be appropriated | 9905 | €626 | €1,779 | +€1,152 | +184% |
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 1 November 2026 via checked.be.