PRETTY CODE: 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.
PRETTY CODE
Largest movements
- Tangible fixed assets -€27,710
down €27,710 (-27.9%), from €99,186 to €71,476
- Cash +€22,773
up €22,773 (+42.3%), from €53,846 to €76,619
mainly Net result for the year (+€148,174) and Depreciation (+€33,005)
- Receivables within one year -€12,954
down €12,954 (-13.2%), from €98,341 to €85,386
of which Other amounts receivable: -€8,454
- Deferred charges and accrued income +€12,812
up €12,812 (+679.1%), from €1,887 to €14,698
- Debts after one year -€21,425
down €21,425 (-57.9%), from €36,974 to €15,550
- Profit (loss) carried forward +€19,488
up €19,488 (+25.7%), from €75,745 to €95,233
- Current portion of long-term debt -€3,536
down €3,536 (-14.2%), from €24,960 to €21,425
- Staff costs -€131,299
down €131,299 (-35.4%), from €370,486 to €239,187
- Gross operating margin -€32,056
down €32,056 (-6.4%), from €501,626 to €469,569
- Taxes +€24,895
up €24,895 (+111.4%), from €22,342 to €47,237
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 | €253,259 | €248,179 | -€5,079 | -2.0% |
| Fixed assets | 21/28 | €99,186 | €71,476 | -€27,710 | -27.9% |
| Tangible fixed assets | 22/27 | €99,186 | €71,476 | -€27,710 | -27.9% |
| Furniture and vehicles | 24 | €99,186 | €71,476 | -€27,710 | -27.9% |
| Current assets | 29/58 | €154,073 | €176,704 | +€22,631 | +14.7% |
| Amounts receivable within one year | 40/41 | €98,341 | €85,386 | -€12,954 | -13.2% |
| Trade receivables | 40 | €77,840 | €73,340 | -€4,500 | -5.8% |
| Other amounts receivable | 41 | €20,500 | €12,046 | -€8,454 | -41.2% |
| Cash at bank and in hand | 54/58 | €53,846 | €76,619 | +€22,773 | +42.3% |
| Deferred charges and accrued income | 490/1 | €1,887 | €14,698 | +€12,812 | +679.1% |
| Total equity and liabilities | 10/49 | €253,259 | €248,179 | -€5,079 | -2.0% |
| Equity | 10/15 | €77,745 | €97,233 | +€19,488 | +25.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,745 | €95,233 | +€19,488 | +25.7% |
| Amounts payable | 17/49 | €175,514 | €150,946 | -€24,568 | -14.0% |
| Amounts payable after more than one year | 17 | €36,974 | €15,550 | -€21,425 | -57.9% |
| Financial debts | 170/4 | €36,974 | €15,550 | -€21,425 | -57.9% |
| Amounts payable within one year | 42/48 | €138,539 | €135,397 | -€3,143 | -2.3% |
| Current portion of amounts payable after more than one year | 42 | €24,960 | €21,425 | -€3,536 | -14.2% |
| Trade debts | 44 | €40,020 | €41,577 | +€1,558 | +3.9% |
| Suppliers | 440/4 | €40,020 | €41,577 | +€1,558 | +3.9% |
| Taxes, remuneration and social security | 45 | €73,359 | €72,109 | -€1,251 | -1.7% |
| Taxes | 450/3 | €30,176 | €42,136 | +€11,960 | +39.6% |
| Remuneration and social security | 454/9 | €43,184 | €29,973 | -€13,211 | -30.6% |
| Other amounts payable | 47/48 | €200 | €286 | +€86 | +43.0% |
| Remuneration, social security and pensions | 62 | €370,486 | €239,187 | -€131,299 | -35.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,601 | €33,005 | +€1,405 | +4.4% |
| Other operating charges | 640/8 | €1,065 | €1,636 | +€570 | +53.5% |
| Gross operating margin | 9900 | €501,626 | €469,569 | -€32,056 | -6.4% |
| Operating profit (loss) | 9901 | €98,474 | €195,741 | +€97,267 | +98.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €387 | €330 | -€57 | -14.8% |
| Recurring financial charges | 65 | €387 | €330 | -€57 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | €98,087 | €195,411 | +€97,324 | +99.2% |
| Income taxes | 67/77 | €22,342 | €47,237 | +€24,895 | +111.4% |
| Profit (loss) for the period | 9904 | €75,745 | €148,174 | +€72,429 | +95.6% |
| Profit (loss) for the period to be appropriated | 9905 | €75,745 | €148,174 | +€72,429 | +95.6% |
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 1 October 2026 via checked.be.