PROFITS PRINTING: 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.
PROFITS PRINTING
Largest movements
- Cash +€5,424
up €5,424 (+10.0%), from €54,176 to €59,600
mainly Net result for the year (+€15,220) and Stocks and contracts (+€991)
- Receivables within one year +€3,002
up €3,002 (+28.0%), from €10,704 to €13,706
- Profit (loss) carried forward +€15,220
up €15,220 (+23.4%), from €65,096 to €80,317
- Tax, wage and social debts -€7,588
down €7,588 (-54.6%), from €13,897 to €6,309
- Gross operating margin -€9,469
down €9,469 (-25.7%), from €36,874 to €27,405
- Turnover -€6,220
down €6,220 (-7.0%), from €88,699 to €82,479
- Purchases and services +€3,249
up €3,249 (+6.3%), from €51,825 to €55,074
- Taxes -€2,771
down €2,771 (-29.6%), from €9,361 to €6,590
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 | €190,244 | €198,057 | +€7,813 | +4.1% |
| Fixed assets | 21/28 | €114,355 | €114,732 | +€377 | +0.3% |
| Tangible fixed assets | 22/27 | €114,355 | €114,732 | +€377 | +0.3% |
| Land and buildings | 22 | €102,762 | €102,099 | -€663 | -0.6% |
| Plant, machinery and equipment | 23 | €11,593 | €11,483 | -€110 | -0.9% |
| Furniture and vehicles | 24 | - | €1,150 | +€1,150 | |
| Current assets | 29/58 | €75,889 | €83,325 | +€7,436 | +9.8% |
| Stocks and contracts in progress | 3 | €11,010 | €10,019 | -€991 | -9.0% |
| Stocks | 30/36 | €11,010 | €10,019 | -€991 | -9.0% |
| Amounts receivable within one year | 40/41 | €10,704 | €13,706 | +€3,002 | +28.0% |
| Trade receivables | 40 | €10,704 | €13,706 | +€3,002 | +28.0% |
| Cash at bank and in hand | 54/58 | €54,176 | €59,600 | +€5,424 | +10.0% |
| Total equity and liabilities | 10/49 | €190,244 | €198,057 | +€7,813 | +4.1% |
| Equity | 10/15 | €168,957 | €184,178 | +€15,220 | +9.0% |
| Contributions | 10/11 | €20,405 | €20,405 | = | 0.0% |
| Capital | 10 | €20,405 | €20,405 | = | 0.0% |
| Issued capital | 100 | €20,405 | €20,405 | = | 0.0% |
| Revaluation surpluses | 12 | €77,911 | €77,911 | = | 0.0% |
| Reserves | 13 | €5,545 | €5,545 | = | 0.0% |
| Distributable reserves | 133 | €5,545 | €5,545 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,096 | €80,317 | +€15,220 | +23.4% |
| Amounts payable | 17/49 | €21,287 | €13,880 | -€7,407 | -34.8% |
| Amounts payable within one year | 42/48 | €21,287 | €13,880 | -€7,407 | -34.8% |
| Trade debts | 44 | - | €228 | +€228 | |
| Suppliers | 440/4 | - | €228 | +€228 | |
| Taxes, remuneration and social security | 45 | €13,897 | €6,309 | -€7,588 | -54.6% |
| Taxes | 450/3 | €13,897 | €6,309 | -€7,588 | -54.6% |
| Other amounts payable | 47/48 | €7,390 | €7,343 | -€47 | -0.6% |
| Turnover | 70 | €88,699 | €82,479 | -€6,220 | -7.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €51,825 | €55,074 | +€3,249 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €691 | €897 | +€207 | +29.9% |
| Other operating charges | 640/8 | €1,755 | €2,271 | +€516 | +29.4% |
| Gross operating margin | 9900 | €36,874 | €27,405 | -€9,469 | -25.7% |
| Operating profit (loss) | 9901 | €34,428 | €24,236 | -€10,192 | -29.6% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €2,811 | €2,426 | -€385 | -13.7% |
| Recurring financial charges | 65 | €2,811 | €2,426 | -€385 | -13.7% |
| Non-recurring financial charges | 66B | €2,811 | €2,426 | -€385 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | €31,627 | €21,810 | -€9,817 | -31.0% |
| Income taxes | 67/77 | €9,361 | €6,590 | -€2,771 | -29.6% |
| Profit (loss) for the period | 9904 | €22,266 | €15,220 | -€7,046 | -31.6% |
| Profit (loss) for the period to be appropriated | 9905 | €22,266 | €15,220 | -€7,046 | -31.6% |
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.