PLAN IN BALANS: 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 IN BALANS
Largest movements
- Cash +€24,104
up €24,104 (+57.8%), from €41,728 to €65,833
mainly Net result for the year (+€15,174) and Deferred charges and accrued income (+€3,725)
- Deferred charges and accrued income -€3,725
down €3,725 (-66.7%), from €5,581 to €1,856
- Receivables within one year -€895
down €895 (-7.7%), from €11,693 to €10,798
of which Trade receivables: -€3,662
- Profit (loss) carried forward +€15,174
up €15,174 (+56.8%), from €26,720 to €41,894
- Other debts +€1,820
up €1,820 (+48.2%), from €3,772 to €5,592
- Accrued charges and deferred income +€1,669
new in 2025: €1,669
- Trade debts +€1,422
new in 2025: €1,422
- Tax, wage and social debts -€896
down €896 (-6.0%), from €15,032 to €14,136
of which Taxes: -€896
- Gross operating margin -€17,493
down €17,493 (-44.2%), from €39,567 to €22,074
- Write-downs -€3,888
no longer reported in 2025 (was €3,888)
- Taxes -€2,571
down €2,571 (-32.7%), from €7,867 to €5,296
- Other operating charges +€814
up €814 (+389%), from €209 to €1,024
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 | €59,605 | €78,793 | +€19,189 | +32.2% |
| Fixed assets | 21/28 | €602 | €307 | -€295 | -49.0% |
| Tangible fixed assets | 22/27 | €602 | €307 | -€295 | -49.0% |
| Furniture and vehicles | 24 | €602 | €307 | -€295 | -49.0% |
| Current assets | 29/58 | €59,003 | €78,487 | +€19,484 | +33.0% |
| Amounts receivable within one year | 40/41 | €11,693 | €10,798 | -€895 | -7.7% |
| Trade receivables | 40 | €11,627 | €7,965 | -€3,662 | -31.5% |
| Other amounts receivable | 41 | €66 | €2,833 | +€2,767 | +4,180% |
| Cash at bank and in hand | 54/58 | €41,728 | €65,833 | +€24,104 | +57.8% |
| Deferred charges and accrued income | 490/1 | €5,581 | €1,856 | -€3,725 | -66.7% |
| Total equity and liabilities | 10/49 | €59,605 | €78,793 | +€19,189 | +32.2% |
| Equity | 10/15 | €40,800 | €55,974 | +€15,174 | +37.2% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €8,081 | €8,081 | = | 0.0% |
| Distributable reserves | 133 | €8,081 | €8,081 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,720 | €41,894 | +€15,174 | +56.8% |
| Amounts payable | 17/49 | €18,804 | €22,819 | +€4,015 | +21.3% |
| Amounts payable within one year | 42/48 | €18,804 | €21,150 | +€2,346 | +12.5% |
| Trade debts | 44 | - | €1,422 | +€1,422 | |
| Suppliers | 440/4 | - | €1,422 | +€1,422 | |
| Taxes, remuneration and social security | 45 | €15,032 | €14,136 | -€896 | -6.0% |
| Taxes | 450/3 | €13,282 | €12,386 | -€896 | -6.7% |
| Remuneration and social security | 454/9 | €1,750 | €1,750 | = | 0.0% |
| Other amounts payable | 47/48 | €3,772 | €5,592 | +€1,820 | +48.2% |
| Accrued charges and deferred income | 492/3 | - | €1,669 | +€1,669 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €295 | €295 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,888 | - | -€3,888 | |
| Other operating charges | 640/8 | €209 | €1,024 | +€814 | +389% |
| Gross operating margin | 9900 | €39,567 | €22,074 | -€17,493 | -44.2% |
| Operating profit (loss) | 9901 | €35,174 | €20,756 | -€14,419 | -41.0% |
| Financial income | 75/76B | €68 | €255 | +€187 | +274% |
| Recurring financial income | 75 | €68 | €255 | +€187 | +274% |
| Financial charges | 65/66B | €656 | €540 | -€116 | -17.7% |
| Recurring financial charges | 65 | €656 | €540 | -€116 | -17.7% |
| Profit (loss) for the period before taxes | 9903 | €34,587 | €20,471 | -€14,116 | -40.8% |
| Income taxes | 67/77 | €7,867 | €5,296 | -€2,571 | -32.7% |
| Profit (loss) for the period | 9904 | €26,720 | €15,174 | -€11,546 | -43.2% |
| Profit (loss) for the period to be appropriated | 9905 | €26,720 | €15,174 | -€11,546 | -43.2% |
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 21 October 2026 via checked.be.