POSITIFY: 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.
POSITIFY
Largest movements
- Tangible fixed assets +€9,329
up €9,329 (+207.2%), from €4,502 to €13,830
- Cash -€4,519
down €4,519 (-46.3%), from €9,763 to €5,244
mainly Investment in fixed assets (net) (-€15,981) and Trade debts (-€3,204)
- Current investments +€3,153
up €3,153 (+7.8%), from €40,188 to €43,341
- Receivables within one year +€2,198
up €2,198 (+34.3%), from €6,398 to €8,596
of which Trade receivables: +€3,397
- Reserves +€6,624
up €6,624 (+10.7%), from €61,835 to €68,459
- Tax, wage and social debts +€6,024
new in 2025: €6,024
- Trade debts -€3,204
down €3,204 (-94.6%), from €3,388 to €183
- Gross operating margin +€15,351
up €15,351 (+1185.7%), from €1,295 to €16,645
- Depreciation +€4,774
up €4,774 (+254.1%), from €1,879 to €6,653
- Taxes +€2,695
new in 2025: €2,695
- Other operating charges +€552
new in 2025: €552
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 | €61,123 | €71,011 | +€9,887 | +16.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €4,502 | €13,830 | +€9,329 | +207.2% |
| Tangible fixed assets | 22/27 | €4,502 | €13,830 | +€9,329 | +207.2% |
| Furniture and vehicles | 24 | €4,502 | €13,830 | +€9,329 | +207.2% |
| Current assets | 29/58 | €56,622 | €57,181 | +€559 | +1.0% |
| Amounts receivable within one year | 40/41 | €6,398 | €8,596 | +€2,198 | +34.3% |
| Trade receivables | 40 | €3,950 | €7,347 | +€3,397 | +86.0% |
| Other amounts receivable | 41 | €2,448 | €1,249 | -€1,199 | -49.0% |
| Current investments | 50/53 | €40,188 | €43,341 | +€3,153 | +7.8% |
| Cash at bank and in hand | 54/58 | €9,763 | €5,244 | -€4,519 | -46.3% |
| Deferred charges and accrued income | 490/1 | €273 | - | -€273 | |
| Total equity and liabilities | 10/49 | €61,123 | €71,011 | +€9,887 | +16.2% |
| Equity | 10/15 | €54,463 | €61,087 | +€6,624 | +12.2% |
| Contributions | 10/11 | €250 | €250 | = | 0.0% |
| Reserves | 13 | €61,835 | €68,459 | +€6,624 | +10.7% |
| Distributable reserves | 133 | €61,835 | €68,459 | +€6,624 | +10.7% |
| Profit (loss) carried forward | 14 | -€7,622 | -€7,622 | = | 0.0% |
| Amounts payable | 17/49 | €6,660 | €9,924 | +€3,264 | +49.0% |
| Amounts payable within one year | 42/48 | €6,660 | €9,924 | +€3,264 | +49.0% |
| Trade debts | 44 | €3,388 | €183 | -€3,204 | -94.6% |
| Suppliers | 440/4 | €3,388 | €183 | -€3,204 | -94.6% |
| Taxes, remuneration and social security | 45 | - | €6,024 | +€6,024 | |
| Taxes | 450/3 | - | €6,024 | +€6,024 | |
| Other amounts payable | 47/48 | €3,273 | €3,716 | +€444 | +13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,879 | €6,653 | +€4,774 | +254.1% |
| Other operating charges | 640/8 | - | €552 | +€552 | |
| Gross operating margin | 9900 | €1,295 | €16,645 | +€15,351 | +1185.7% |
| Operating profit (loss) | 9901 | -€584 | €9,441 | +€10,025 | |
| Financial income | 75/76B | €268 | €219 | -€50 | -18.5% |
| Recurring financial income | 75 | €268 | €219 | -€50 | -18.5% |
| Financial charges | 65/66B | €465 | €341 | -€124 | -26.7% |
| Recurring financial charges | 65 | €465 | €341 | -€124 | -26.7% |
| Profit (loss) for the period before taxes | 9903 | -€781 | €9,319 | +€10,099 | |
| Income taxes | 67/77 | - | €2,695 | +€2,695 | |
| Profit (loss) for the period | 9904 | -€781 | €6,624 | +€7,404 | |
| Profit (loss) for the period to be appropriated | 9905 | -€781 | €6,624 | +€7,404 |
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 8 October 2026 via checked.be.