PLAN 4: 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.
PLAN 4
Largest movements
- Cash +€18,502
up €18,502 (+202.3%), from €9,145 to €27,647
mainly Net result for the year (+€12,552) and Receivables within one year (+€5,547)
- Receivables within one year -€5,547
down €5,547 (-52.4%), from €10,590 to €5,043
- Profit (loss) carried forward +€12,552
up €12,552, from -€11,802 to €750
- Tax, wage and social debts +€4,688
up €4,688 (+168.0%), from €2,789 to €7,477
- Other debts -€2,927
down €2,927 (-84.3%), from €3,474 to €547
- Trade debts -€438
down €438 (-63.8%), from €686 to €248
- Gross operating margin +€11,740
up €11,740 (+332.0%), from €3,537 to €15,276
- Depreciation -€704
down €704 (-24.3%), from €2,892 to €2,189
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 | €27,300 | €40,930 | +€13,630 | +49.9% |
| Fixed assets | 21/28 | €7,345 | €7,702 | +€356 | +4.9% |
| Tangible fixed assets | 22/27 | €7,345 | €7,702 | +€356 | +4.9% |
| Plant, machinery and equipment | 23 | €144 | €0 | -€144 | -100.0% |
| Furniture and vehicles | 24 | €261 | €2,511 | +€2,250 | +861.5% |
| Other tangible fixed assets | 26 | €6,940 | €5,191 | -€1,750 | -25.2% |
| Current assets | 29/58 | €19,955 | €33,229 | +€13,274 | +66.5% |
| Amounts receivable within one year | 40/41 | €10,590 | €5,043 | -€5,547 | -52.4% |
| Trade receivables | 40 | €10,590 | €5,043 | -€5,547 | -52.4% |
| Cash at bank and in hand | 54/58 | €9,145 | €27,647 | +€18,502 | +202.3% |
| Deferred charges and accrued income | 490/1 | €220 | €539 | +€319 | +145.5% |
| Total equity and liabilities | 10/49 | €27,300 | €40,930 | +€13,630 | +49.9% |
| Equity | 10/15 | €20,101 | €32,654 | +€12,552 | +62.4% |
| Contributions | 10/11 | €14,600 | €14,600 | = | 0.0% |
| Reserves | 13 | €17,303 | €17,303 | = | 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% |
| Tax-exempt reserves | 132 | €1,230 | €1,230 | = | 0.0% |
| Distributable reserves | 133 | €14,213 | €14,213 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,802 | €750 | +€12,552 | |
| Amounts payable | 17/49 | €7,199 | €8,277 | +€1,078 | +15.0% |
| Amounts payable within one year | 42/48 | €7,199 | €8,277 | +€1,078 | +15.0% |
| Financial debts | 43 | €250 | €5 | -€245 | -97.9% |
| Credit institutions | 430/8 | €250 | €5 | -€245 | -97.9% |
| Trade debts | 44 | €686 | €248 | -€438 | -63.8% |
| Suppliers | 440/4 | €686 | €248 | -€438 | -63.8% |
| Taxes, remuneration and social security | 45 | €2,789 | €7,477 | +€4,688 | +168.0% |
| Taxes | 450/3 | €2,789 | €7,477 | +€4,688 | +168.0% |
| Other amounts payable | 47/48 | €3,474 | €547 | -€2,927 | -84.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,892 | €2,189 | -€704 | -24.3% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €3,537 | €15,276 | +€11,740 | +332.0% |
| Operating profit (loss) | 9901 | €257 | €12,688 | +€12,431 | +4836.1% |
| Financial income | 75/76B | €0 | €34 | +€34 | +20968.8% |
| Recurring financial income | 75 | €0 | €34 | +€34 | +20968.8% |
| Financial charges | 65/66B | €121 | €170 | +€48 | +40.0% |
| Recurring financial charges | 65 | €121 | €170 | +€48 | +40.0% |
| Profit (loss) for the period before taxes | 9903 | €136 | €12,552 | +€12,416 | +9127.5% |
| Profit (loss) for the period | 9904 | €136 | €12,552 | +€12,416 | +9127.5% |
| Profit (loss) for the period to be appropriated | 9905 | €136 | €12,552 | +€12,416 | +9127.5% |
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 7 October 2026 via checked.be.