PLAN 2B: 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.
PLAN 2B
Largest movements
- Receivables within one year +€13,376
up €13,376 (+29.2%), from €45,761 to €59,137
of which Other amounts receivable: +€44,405
- Cash +€897
up €897 (+9,949%), from €9 to €906
mainly Net result for the year (+€66,400) and Current portion of long-term debt (+€2,333)
- Profit (loss) carried forward +€66,400
up €66,400, from -€46,220 to €20,179
- Tax, wage and social debts -€42,789
down €42,789 (-89.3%), from €47,922 to €5,133
- Other debts -€9,106
down €9,106 (-100%), from €9,106 to €0
- Trade debts -€2,476
down €2,476 (-16.7%), from €14,865 to €12,389
- Current portion of long-term debt +€2,333
up €2,333, from €0 to €2,333
- Write-downs -€160,377
down €160,377, from €0 to -€160,377
- Gross operating margin -€102,278
down €102,278, from €16,266 to -€86,012
- Taxes +€8,198
up €8,198 (+4,701%), from €174 to €8,372
- Financial income +€2,371
new in 2025: €2,371
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 | €46,133 | €60,495 | +€14,362 | +31.1% |
| Current assets | 29/58 | €46,133 | €60,495 | +€14,362 | +31.1% |
| Amounts receivable within one year | 40/41 | €45,761 | €59,137 | +€13,376 | +29.2% |
| Trade receivables | 40 | €45,552 | €14,523 | -€31,029 | -68.1% |
| Other amounts receivable | 41 | €209 | €44,614 | +€44,405 | +21,245% |
| Cash at bank and in hand | 54/58 | €9 | €906 | +€897 | +9,949% |
| Deferred charges and accrued income | 490/1 | €363 | €451 | +€88 | +24.3% |
| Total equity and liabilities | 10/49 | €46,133 | €60,495 | +€14,362 | +31.1% |
| Equity | 10/15 | -€25,760 | €40,639 | +€66,400 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,220 | €20,179 | +€66,400 | |
| Amounts payable | 17/49 | €71,893 | €19,855 | -€52,038 | -72.4% |
| Amounts payable within one year | 42/48 | €71,893 | €19,855 | -€52,038 | -72.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | €2,333 | +€2,333 | |
| Trade debts | 44 | €14,865 | €12,389 | -€2,476 | -16.7% |
| Suppliers | 440/4 | €14,865 | €12,389 | -€2,476 | -16.7% |
| Taxes, remuneration and social security | 45 | €47,922 | €5,133 | -€42,789 | -89.3% |
| Taxes | 450/3 | €47,922 | €5,133 | -€42,789 | -89.3% |
| Other amounts payable | 47/48 | €9,106 | €0 | -€9,106 | -100% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | -€160,377 | -€160,377 | |
| Other operating charges | 640/8 | €968 | €1,108 | +€140 | +14.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €16,266 | -€86,012 | -€102,278 | |
| Operating profit (loss) | 9901 | €15,298 | €73,257 | +€57,959 | +379% |
| Financial income | 75/76B | - | €2,371 | +€2,371 | |
| Recurring financial income | 75 | - | €2,371 | +€2,371 | |
| Financial charges | 65/66B | €368 | €856 | +€487 | +132% |
| Recurring financial charges | 65 | €368 | €856 | +€487 | +132% |
| Profit (loss) for the period before taxes | 9903 | €14,930 | €74,772 | +€59,842 | +401% |
| Income taxes | 67/77 | €174 | €8,372 | +€8,198 | +4,701% |
| Profit (loss) for the period | 9904 | €14,755 | €66,400 | +€51,644 | +350% |
| Profit (loss) for the period to be appropriated | 9905 | €14,755 | €66,400 | +€51,644 | +350% |
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 31 October 2026 via checked.be.