PLATFORM 3: 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.
PLATFORM 3
Largest movements
- Cash +€33,764
up €33,764 (+115.0%), from €29,372 to €63,136
mainly Net result for the year (+€17,115) and Depreciation (+€15,291)
- Tangible fixed assets -€15,291
down €15,291 (-33.7%), from €45,400 to €30,109
- Reserves +€17,115
up €17,115 (+23.1%), from €74,153 to €91,268
- Trade debts +€4,794
up €4,794 (+153.4%), from €3,125 to €7,920
- Other debts -€1,969
down €1,969 (-33.1%), from €5,958 to €3,989
- Tax, wage and social debts -€1,307
down €1,307 (-49.6%), from €2,632 to €1,326
- Depreciation +€13,497
up €13,497 (+752.5%), from €1,794 to €15,291
- Gross operating margin -€2,148
down €2,148 (-4.5%), from €47,905 to €45,758
- Other operating charges +€2,097
up €2,097 (+354.4%), from €592 to €2,689
- Taxes -€1,816
down €1,816 (-14.7%), from €12,384 to €10,568
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 | €86,869 | €105,502 | +€18,633 | +21.4% |
| Fixed assets | 21/28 | €45,400 | €30,109 | -€15,291 | -33.7% |
| Tangible fixed assets | 22/27 | €45,400 | €30,109 | -€15,291 | -33.7% |
| Furniture and vehicles | 24 | €45,400 | €30,109 | -€15,291 | -33.7% |
| Current assets | 29/58 | €41,468 | €75,392 | +€33,924 | +81.8% |
| Amounts receivable within one year | 40/41 | €12,096 | €12,256 | +€160 | +1.3% |
| Trade receivables | 40 | €9,771 | €12,194 | +€2,423 | +24.8% |
| Other amounts receivable | 41 | €2,325 | €62 | -€2,263 | -97.3% |
| Cash at bank and in hand | 54/58 | €29,372 | €63,136 | +€33,764 | +115.0% |
| Total equity and liabilities | 10/49 | €86,869 | €105,502 | +€18,633 | +21.4% |
| Equity | 10/15 | €75,153 | €92,268 | +€17,115 | +22.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €74,153 | €91,268 | +€17,115 | +23.1% |
| Distributable reserves | 133 | €74,153 | €91,268 | +€17,115 | +23.1% |
| Amounts payable | 17/49 | €11,716 | €13,234 | +€1,518 | +13.0% |
| Amounts payable within one year | 42/48 | €11,716 | €13,234 | +€1,518 | +13.0% |
| Trade debts | 44 | €3,125 | €7,920 | +€4,794 | +153.4% |
| Suppliers | 440/4 | €3,125 | €7,920 | +€4,794 | +153.4% |
| Taxes, remuneration and social security | 45 | €2,632 | €1,326 | -€1,307 | -49.6% |
| Taxes | 450/3 | €2,632 | €1,326 | -€1,307 | -49.6% |
| Other amounts payable | 47/48 | €5,958 | €3,989 | -€1,969 | -33.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,794 | €15,291 | +€13,497 | +752.5% |
| Other operating charges | 640/8 | €592 | €2,689 | +€2,097 | +354.4% |
| Gross operating margin | 9900 | €47,905 | €45,758 | -€2,148 | -4.5% |
| Operating profit (loss) | 9901 | €45,520 | €27,778 | -€17,742 | -39.0% |
| Financial charges | 65/66B | €98 | €96 | -€2 | -2.5% |
| Recurring financial charges | 65 | €98 | €96 | -€2 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | €45,422 | €27,682 | -€17,740 | -39.1% |
| Income taxes | 67/77 | €12,384 | €10,568 | -€1,816 | -14.7% |
| Profit (loss) for the period | 9904 | €33,038 | €17,115 | -€15,924 | -48.2% |
| Profit (loss) for the period to be appropriated | 9905 | €33,038 | €17,115 | -€15,924 | -48.2% |
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.