POINTHR: 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.
POINTHR
Largest movements
- Current investments -€200,000
down €200,000 (-100%), from €200,000 to €0
- Cash +€161,657
up €161,657 (+72.7%), from €222,344 to €384,001
mainly Net result for the year (+€344,655) and Current investments (+€200,000)
- Receivables within one year +€147,579
up €147,579 (+65.7%), from €224,778 to €372,356
of which Trade receivables: +€145,894
- Deferred charges and accrued income -€78,672
down €78,672 (-39.6%), from €198,420 to €119,748
- Trade debts +€168,401
up €168,401 (+77.2%), from €218,140 to €386,541
- Tax, wage and social debts -€82,687
down €82,687 (-43.3%), from €191,077 to €108,390
of which Taxes: -€68,434
- Accrued charges and deferred income -€81,798
down €81,798 (-39.2%), from €208,585 to €126,787
- Profit (loss) carried forward +€19,655
up €19,655 (+39.3%), from €49,977 to €69,632
- Gross operating margin +€221,021
up €221,021 (+24.8%), from €891,593 to €1.1m
- Staff costs +€65,266
up €65,266 (+11.7%), from €559,655 to €624,921
- Taxes +€37,132
up €37,132 (+41.8%), from €88,865 to €125,998
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 | €877,523 | €899,118 | +€21,595 | +2.5% |
| Fixed assets | 21/28 | €31,981 | €23,013 | -€8,969 | -28.0% |
| Intangible fixed assets | 21 | €14,610 | €8,451 | -€6,159 | -42.2% |
| Tangible fixed assets | 22/27 | €12,832 | €10,022 | -€2,810 | -21.9% |
| Plant, machinery and equipment | 23 | €970 | €2,720 | +€1,750 | +180% |
| Furniture and vehicles | 24 | €11,294 | €6,927 | -€4,367 | -38.7% |
| Other tangible fixed assets | 26 | €567 | €374 | -€193 | -34.1% |
| Financial fixed assets | 28 | €4,540 | €4,540 | = | 0.0% |
| Current assets | 29/58 | €845,541 | €876,105 | +€30,563 | +3.6% |
| Amounts receivable within one year | 40/41 | €224,778 | €372,356 | +€147,579 | +65.7% |
| Trade receivables | 40 | €223,755 | €369,649 | +€145,894 | +65.2% |
| Other amounts receivable | 41 | €1,023 | €2,707 | +€1,684 | +165% |
| Current investments | 50/53 | €200,000 | €0 | -€200,000 | -100% |
| Cash at bank and in hand | 54/58 | €222,344 | €384,001 | +€161,657 | +72.7% |
| Deferred charges and accrued income | 490/1 | €198,420 | €119,748 | -€78,672 | -39.6% |
| Total equity and liabilities | 10/49 | €877,523 | €899,118 | +€21,595 | +2.5% |
| Equity | 10/15 | €254,761 | €274,416 | +€19,655 | +7.7% |
| Contributions | 10/11 | €4,089 | €4,089 | = | 0.0% |
| Reserves | 13 | €200,695 | €200,695 | = | 0.0% |
| Distributable reserves | 133 | €200,695 | €200,695 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,977 | €69,632 | +€19,655 | +39.3% |
| Amounts payable | 17/49 | €622,762 | €624,702 | +€1,940 | +0.3% |
| Amounts payable within one year | 42/48 | €414,177 | €497,914 | +€83,737 | +20.2% |
| Trade debts | 44 | €218,140 | €386,541 | +€168,401 | +77.2% |
| Suppliers | 440/4 | €218,140 | €386,541 | +€168,401 | +77.2% |
| Taxes, remuneration and social security | 45 | €191,077 | €108,390 | -€82,687 | -43.3% |
| Taxes | 450/3 | €135,416 | €66,982 | -€68,434 | -50.5% |
| Remuneration and social security | 454/9 | €55,661 | €41,408 | -€14,253 | -25.6% |
| Other amounts payable | 47/48 | €4,960 | €2,983 | -€1,977 | -39.9% |
| Accrued charges and deferred income | 492/3 | €208,585 | €126,787 | -€81,798 | -39.2% |
| Non-recurring operating income | 76A | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €559,655 | €624,921 | +€65,266 | +11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,901 | €10,616 | -€286 | -2.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €522 | €3,115 | +€2,593 | +497% |
| Other operating charges | 640/8 | €3,017 | €3,384 | +€367 | +12.2% |
| Non-recurring operating charges | 66A | - | €87 | +€87 | |
| Gross operating margin | 9900 | €891,593 | €1,112,614 | +€221,021 | +24.8% |
| Operating profit (loss) | 9901 | €317,498 | €470,491 | +€152,993 | +48.2% |
| Financial income | 75/76B | €911 | €10,419 | +€9,508 | +1,044% |
| Recurring financial income | 75 | €7 | €10,419 | +€10,412 | +148,103% |
| Non-recurring financial income | 76B | €904 | - | -€904 | |
| Financial charges | 65/66B | €7,998 | €10,257 | +€2,259 | +28.2% |
| Recurring financial charges | 65 | €7,998 | €10,257 | +€2,259 | +28.2% |
| Profit (loss) for the period before taxes | 9903 | €310,411 | €470,653 | +€160,241 | +51.6% |
| Income taxes | 67/77 | €88,865 | €125,998 | +€37,132 | +41.8% |
| Profit (loss) for the period | 9904 | €221,546 | €344,655 | +€123,109 | +55.6% |
| Transfer from tax-exempt reserves | 789 | €88,454 | €0 | -€88,454 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €310,000 | €344,655 | +€34,655 | +11.2% |
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 26 October 2026 via checked.be.