PL FIN: 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.
PL FIN
Largest movements
- Receivables within one year +€43,237
up €43,237 (+254.5%), from €16,988 to €60,225
- Cash -€30,810
down €30,810 (-69.0%), from €44,621 to €13,811
mainly Receivables within one year (-€43,237) and Contributions, distributions and other (-€40,000)
- Deferred charges and accrued income +€2,861
up €2,861 (+10.7%), from €26,743 to €29,604
- Tangible fixed assets +€1,743
up €1,743 (+3.5%), from €49,530 to €51,273
of which Furniture and vehicles: +€4,415
- Other debts +€40,000
up €40,000 (+274.4%), from €14,578 to €54,578
- Profit (loss) carried forward -€32,558
down €32,558 (-41.7%), from €78,077 to €45,519
- Trade debts +€13,959
up €13,959 (+398.8%), from €3,500 to €17,459
- Short-term financial debts -€2,538
down €2,538 (-33.7%), from €7,538 to €5,000
- Tax, wage and social debts -€1,832
down €1,832 (-9.0%), from €20,440 to €18,609
of which Taxes: -€8,690
- Staff costs +€69,815
up €69,815 (+143.4%), from €48,679 to €118,494
- Gross operating margin +€58,616
up €58,616 (+63.7%), from €92,084 to €150,699
- Other operating charges +€4,770
up €4,770 (+979.8%), from €487 to €5,257
- Taxes -€3,752
down €3,752 (-34.9%), from €10,743 to €6,990
- Depreciation +€1,580
up €1,580 (+14.8%), from €10,641 to €12,221
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 | €137,883 | €154,914 | +€17,031 | +12.4% |
| Fixed assets | 21/28 | €49,530 | €51,273 | +€1,743 | +3.5% |
| Tangible fixed assets | 22/27 | €49,530 | €51,273 | +€1,743 | +3.5% |
| Plant, machinery and equipment | 23 | €45,064 | €42,393 | -€2,671 | -5.9% |
| Furniture and vehicles | 24 | €4,466 | €8,880 | +€4,415 | +98.9% |
| Current assets | 29/58 | €88,353 | €103,640 | +€15,288 | +17.3% |
| Amounts receivable within one year | 40/41 | €16,988 | €60,225 | +€43,237 | +254.5% |
| Other amounts receivable | 41 | €16,988 | €60,225 | +€43,237 | +254.5% |
| Cash at bank and in hand | 54/58 | €44,621 | €13,811 | -€30,810 | -69.0% |
| Deferred charges and accrued income | 490/1 | €26,743 | €29,604 | +€2,861 | +10.7% |
| Total equity and liabilities | 10/49 | €137,883 | €154,914 | +€17,031 | +12.4% |
| Equity | 10/15 | €91,827 | €59,269 | -€32,558 | -35.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €3,750 | €3,750 | = | 0.0% |
| Distributable reserves | 133 | €3,750 | €3,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €78,077 | €45,519 | -€32,558 | -41.7% |
| Amounts payable | 17/49 | €46,056 | €95,645 | +€49,589 | +107.7% |
| Amounts payable within one year | 42/48 | €46,056 | €95,645 | +€49,589 | +107.7% |
| Financial debts | 43 | €7,538 | €5,000 | -€2,538 | -33.7% |
| Credit institutions | 430/8 | €7,538 | €5,000 | -€2,538 | -33.7% |
| Trade debts | 44 | €3,500 | €17,459 | +€13,959 | +398.8% |
| Suppliers | 440/4 | €3,500 | €17,459 | +€13,959 | +398.8% |
| Taxes, remuneration and social security | 45 | €20,440 | €18,609 | -€1,832 | -9.0% |
| Taxes | 450/3 | €15,006 | €6,316 | -€8,690 | -57.9% |
| Remuneration and social security | 454/9 | €5,434 | €12,292 | +€6,858 | +126.2% |
| Other amounts payable | 47/48 | €14,578 | €54,578 | +€40,000 | +274.4% |
| Remuneration, social security and pensions | 62 | €48,679 | €118,494 | +€69,815 | +143.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,641 | €12,221 | +€1,580 | +14.8% |
| Other operating charges | 640/8 | €487 | €5,257 | +€4,770 | +979.8% |
| Gross operating margin | 9900 | €92,084 | €150,699 | +€58,616 | +63.7% |
| Operating profit (loss) | 9901 | €32,277 | €14,728 | -€17,549 | -54.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €595 | €295 | -€300 | -50.4% |
| Recurring financial charges | 65 | €595 | €295 | -€300 | -50.4% |
| Profit (loss) for the period before taxes | 9903 | €31,682 | €14,433 | -€17,249 | -54.4% |
| Income taxes | 67/77 | €10,743 | €6,990 | -€3,752 | -34.9% |
| Profit (loss) for the period | 9904 | €20,939 | €7,442 | -€13,497 | -64.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,939 | €7,442 | -€13,497 | -64.5% |
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 5 October 2026 via checked.be.