Pop-up: 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.
Pop-up
Largest movements
- Tangible fixed assets -€5,542
down €5,542 (-53.3%), from €10,402 to €4,860
- Receivables within one year +€2,762
up €2,762 (+8.1%), from €34,079 to €36,841
of which Other amounts receivable: +€4,669
- Reserves +€5,341
up €5,341 (+7.1%), from €75,404 to €80,746
- Debts after one year -€3,162
down €3,162 (-100%), from €3,162 to €0
- Current portion of long-term debt -€3,070
down €3,070 (-49.3%), from €6,233 to €3,162
- Tax, wage and social debts -€2,260
down €2,260 (-27.3%), from €8,282 to €6,022
- Gross operating margin -€4,019
down €4,019 (-12.1%), from €33,252 to €29,233
- Taxes -€1,169
down €1,169 (-15.0%), from €7,821 to €6,651
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 | €112,278 | €108,627 | -€3,651 | -3.3% |
| Fixed assets | 21/28 | €10,402 | €4,860 | -€5,542 | -53.3% |
| Tangible fixed assets | 22/27 | €10,402 | €4,860 | -€5,542 | -53.3% |
| Furniture and vehicles | 24 | €10,402 | €4,860 | -€5,542 | -53.3% |
| Current assets | 29/58 | €101,876 | €103,767 | +€1,891 | +1.9% |
| Amounts receivable within one year | 40/41 | €34,079 | €36,841 | +€2,762 | +8.1% |
| Trade receivables | 40 | €33,824 | €31,917 | -€1,907 | -5.6% |
| Other amounts receivable | 41 | €255 | €4,925 | +€4,669 | +1,830% |
| Cash at bank and in hand | 54/58 | €67,797 | €66,926 | -€871 | -1.3% |
| Total equity and liabilities | 10/49 | €112,278 | €108,627 | -€3,651 | -3.3% |
| Equity | 10/15 | €92,798 | €98,140 | +€5,341 | +5.8% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €75,404 | €80,746 | +€5,341 | +7.1% |
| Distributable reserves | 133 | €75,404 | €80,746 | +€5,341 | +7.1% |
| Profit (loss) carried forward | 14 | €3,134 | €3,134 | = | 0.0% |
| Amounts payable | 17/49 | €19,480 | €10,487 | -€8,992 | -46.2% |
| Amounts payable after more than one year | 17 | €3,162 | €0 | -€3,162 | -100% |
| Financial debts | 170/4 | €3,162 | €0 | -€3,162 | -100% |
| Amounts payable within one year | 42/48 | €16,317 | €10,487 | -€5,830 | -35.7% |
| Current portion of amounts payable after more than one year | 42 | €6,233 | €3,162 | -€3,070 | -49.3% |
| Trade debts | 44 | €1,803 | €1,303 | -€500 | -27.7% |
| Suppliers | 440/4 | €1,803 | €1,303 | -€500 | -27.7% |
| Taxes, remuneration and social security | 45 | €8,282 | €6,022 | -€2,260 | -27.3% |
| Taxes | 450/3 | €8,282 | €6,022 | -€2,260 | -27.3% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,752 | €7,531 | -€221 | -2.8% |
| Other operating charges | 640/8 | €815 | €840 | +€25 | +3.0% |
| Gross operating margin | 9900 | €33,252 | €29,233 | -€4,019 | -12.1% |
| Operating profit (loss) | 9901 | €24,684 | €20,862 | -€3,823 | -15.5% |
| Financial income | 75/76B | €0 | €1 | +€1 | |
| Recurring financial income | 75 | €0 | €1 | +€1 | |
| Financial charges | 65/66B | €323 | €213 | -€110 | -34.2% |
| Recurring financial charges | 65 | €323 | €213 | -€110 | -34.2% |
| Profit (loss) for the period before taxes | 9903 | €24,361 | €20,650 | -€3,711 | -15.2% |
| Income taxes | 67/77 | €7,821 | €6,651 | -€1,169 | -15.0% |
| Profit (loss) for the period | 9904 | €16,541 | €13,999 | -€2,542 | -15.4% |
| Profit (loss) for the period to be appropriated | 9905 | €16,541 | €13,999 | -€2,542 | -15.4% |
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 27 October 2026 via checked.be.