Proforma: 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.
Proforma
Largest movements
- Cash +€99,185
up €99,185 (+60.8%), from €163,249 to €262,434
mainly Provisions (+€131,012) and Net result for the year (+€14,089)
- Tangible fixed assets +€10,189
up €10,189 (+186.4%), from €5,466 to €15,655
- Deferred charges and accrued income +€6,508
up €6,508 (+3.8%), from €170,604 to €177,112
- Provisions +€131,012
up €131,012 (+62.6%), from €209,153 to €340,165
- Accrued charges and deferred income -€34,116
down €34,116 (-36.8%), from €92,590 to €58,474
- Profit (loss) carried forward +€14,089
up €14,089 (+75.0%), from €18,786 to €32,874
- Financial income -€34,532
down €34,532 (-96.3%), from €35,873 to €1,341
of which Non-recurring financial income: -€35,000
- Gross operating margin +€9,324
up €9,324 (+1.6%), from €575,667 to €584,991
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 | €385,718 | €497,584 | +€111,865 | +29.0% |
| Fixed assets | 21/28 | €13,929 | €24,118 | +€10,189 | +73.2% |
| Tangible fixed assets | 22/27 | €5,466 | €15,655 | +€10,189 | +186.4% |
| Furniture and vehicles | 24 | €5,466 | €15,655 | +€10,189 | +186.4% |
| Financial fixed assets | 28 | €8,463 | €8,463 | = | 0.0% |
| Current assets | 29/58 | €371,789 | €473,465 | +€101,676 | +27.3% |
| Amounts receivable within one year | 40/41 | €37,936 | €33,919 | -€4,017 | -10.6% |
| Trade receivables | 40 | €37,936 | €31,970 | -€5,967 | -15.7% |
| Other amounts receivable | 41 | - | €1,949 | +€1,949 | |
| Cash at bank and in hand | 54/58 | €163,249 | €262,434 | +€99,185 | +60.8% |
| Deferred charges and accrued income | 490/1 | €170,604 | €177,112 | +€6,508 | +3.8% |
| Total equity and liabilities | 10/49 | €385,718 | €497,584 | +€111,865 | +29.0% |
| Equity | 10/15 | €18,786 | €32,874 | +€14,089 | +75.0% |
| Profit (loss) carried forward | 14 | €18,786 | €32,874 | +€14,089 | +75.0% |
| Provisions and deferred taxes | 16 | €209,153 | €340,165 | +€131,012 | +62.6% |
| Provisions for liabilities and charges | 160/5 | €209,153 | €340,165 | +€131,012 | +62.6% |
| Pensions and similar obligations | 160 | €209,153 | €340,165 | +€131,012 | +62.6% |
| Amounts payable | 17/49 | €157,780 | €124,545 | -€33,235 | -21.1% |
| Amounts payable within one year | 42/48 | €65,190 | €66,071 | +€881 | +1.4% |
| Trade debts | 44 | €59,404 | €63,751 | +€4,347 | +7.3% |
| Suppliers | 440/4 | €59,404 | €63,751 | +€4,347 | +7.3% |
| Taxes, remuneration and social security | 45 | €5,786 | €2,320 | -€3,466 | -59.9% |
| Taxes | 450/3 | €5,786 | - | -€5,786 | |
| Remuneration and social security | 454/9 | - | €2,320 | +€2,320 | |
| Accrued charges and deferred income | 492/3 | €92,590 | €58,474 | -€34,116 | -36.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €90,250 | €89,711 | -€539 | -0.6% |
| Remuneration, social security and pensions | 62 | €567,205 | €569,558 | +€2,353 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €815 | €2,123 | +€1,308 | +160.5% |
| Other operating charges | 640/8 | €4,220 | €2 | -€4,218 | -99.9% |
| Non-recurring operating charges | 66A | €60,665 | - | -€60,665 | |
| Gross operating margin | 9900 | €575,667 | €584,991 | +€9,324 | +1.6% |
| Operating profit (loss) | 9901 | -€57,237 | €13,308 | +€70,545 | |
| Financial income | 75/76B | €35,873 | €1,341 | -€34,532 | -96.3% |
| Recurring financial income | 75 | €873 | €1,341 | +€468 | +53.6% |
| Non-recurring financial income | 76B | €35,000 | - | -€35,000 | |
| Financial charges | 65/66B | €205 | €158 | -€47 | -23.1% |
| Recurring financial charges | 65 | €205 | €158 | -€47 | -23.1% |
| Profit (loss) for the period before taxes | 9903 | -€21,570 | €14,491 | +€36,061 | |
| Income taxes | 67/77 | - | €402 | +€402 | |
| Profit (loss) for the period | 9904 | -€21,570 | €14,089 | +€35,659 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,570 | €14,089 | +€35,659 |
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 3 October 2026 via checked.be.