PManagement: 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.
PManagement
Largest movements
- Cash +€7,574
up €7,574 (+29.8%), from €25,443 to €33,017
mainly Net result for the year (+€6,700) and Tax, wage and social debts (+€3,691)
- Profit (loss) carried forward +€6,700
up €6,700 (+50.3%), from €13,320 to €20,020
- Other debts -€3,707
down €3,707 (-97.9%), from €3,788 to €80
- Tax, wage and social debts +€3,691
up €3,691 (+48.3%), from €7,639 to €11,330
- Trade debts +€1,066
up €1,066 (+1333.4%), from €80 to €1,146
- Gross operating margin -€8,880
down €8,880 (-44.2%), from €20,076 to €11,196
- Taxes -€2,154
down €2,154 (-39.9%), from €5,392 to €3,238
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 | €27,827 | €35,576 | +€7,750 | +27.8% |
| Current assets | 29/58 | €27,827 | €35,576 | +€7,750 | +27.8% |
| Amounts receivable within one year | 40/41 | €2,384 | €2,559 | +€175 | +7.4% |
| Trade receivables | 40 | €2,384 | €2,559 | +€175 | +7.4% |
| Cash at bank and in hand | 54/58 | €25,443 | €33,017 | +€7,574 | +29.8% |
| Total equity and liabilities | 10/49 | €27,827 | €35,576 | +€7,750 | +27.8% |
| Equity | 10/15 | €16,320 | €23,020 | +€6,700 | +41.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,320 | €20,020 | +€6,700 | +50.3% |
| Amounts payable | 17/49 | €11,507 | €12,557 | +€1,050 | +9.1% |
| Amounts payable within one year | 42/48 | €11,507 | €12,557 | +€1,050 | +9.1% |
| Trade debts | 44 | €80 | €1,146 | +€1,066 | +1333.4% |
| Suppliers | 440/4 | €80 | €1,146 | +€1,066 | +1333.4% |
| Taxes, remuneration and social security | 45 | €7,639 | €11,330 | +€3,691 | +48.3% |
| Taxes | 450/3 | €7,639 | €11,330 | +€3,691 | +48.3% |
| Other amounts payable | 47/48 | €3,788 | €80 | -€3,707 | -97.9% |
| Other operating charges | 640/8 | €1,362 | €1,288 | -€75 | -5.5% |
| Gross operating margin | 9900 | €20,076 | €11,196 | -€8,880 | -44.2% |
| Operating profit (loss) | 9901 | €18,713 | €9,908 | -€8,806 | -47.1% |
| Financial income | 75/76B | - | €115 | +€115 | |
| Recurring financial income | 75 | - | €115 | +€115 | |
| Financial charges | 65/66B | €1 | €85 | +€83 | +6664.0% |
| Recurring financial charges | 65 | €1 | €85 | +€83 | +6664.0% |
| Profit (loss) for the period before taxes | 9903 | €18,712 | €9,938 | -€8,774 | -46.9% |
| Income taxes | 67/77 | €5,392 | €3,238 | -€2,154 | -39.9% |
| Profit (loss) for the period | 9904 | €13,320 | €6,700 | -€6,621 | -49.7% |
| Profit (loss) for the period to be appropriated | 9905 | €13,320 | €6,700 | -€6,621 | -49.7% |
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 10 October 2026 via checked.be.