Progress in mind: 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.
Progress in mind
Largest movements
- Cash +€12,929
up €12,929 (+11.4%), from €113,459 to €126,388
mainly Trade debts (+€12,383) and Other debts (+€11,041)
- Tangible fixed assets -€4,099
down €4,099 (-39.4%), from €10,396 to €6,297
of which Furniture and vehicles: -€2,077
- Receivables within one year -€2,267
down €2,267 (-21.4%), from €10,572 to €8,304
- Deferred charges and accrued income +€1,808
up €1,808 (+221.5%), from €816 to €2,624
- Tax, wage and social debts -€17,597
down €17,597 (-91.3%), from €19,283 to €1,686
of which Taxes: -€16,597
- Trade debts +€12,383
up €12,383 (+227.7%), from €5,438 to €17,820
of which Suppliers: +€13,313
- Other debts +€11,041
up €11,041 (+23.1%), from €47,887 to €58,928
- Profit (loss) carried forward +€2,543
new in 2025: €2,543
- Gross operating margin -€47,662
down €47,662 (-86.5%), from €55,101 to €7,439
- Taxes -€12,822
down €12,822 (-91.6%), from €13,997 to €1,175
- Other operating charges -€1,513
down €1,513 (-60.7%), from €2,494 to €981
- Financial income +€1,342
up €1,342 (+363.7%), from €369 to €1,712
- Depreciation +€1,029
up €1,029 (+33.5%), from €3,071 to €4,099
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 | €135,243 | €143,613 | +€8,370 | +6.2% |
| Fixed assets | 21/28 | €10,396 | €6,297 | -€4,099 | -39.4% |
| Tangible fixed assets | 22/27 | €10,396 | €6,297 | -€4,099 | -39.4% |
| Furniture and vehicles | 24 | €4,330 | €2,253 | -€2,077 | -48.0% |
| Other tangible fixed assets | 26 | €6,066 | €4,044 | -€2,022 | -33.3% |
| Current assets | 29/58 | €124,847 | €137,316 | +€12,469 | +10.0% |
| Amounts receivable within one year | 40/41 | €10,572 | €8,304 | -€2,267 | -21.4% |
| Trade receivables | 40 | €10,572 | €8,304 | -€2,267 | -21.4% |
| Cash at bank and in hand | 54/58 | €113,459 | €126,388 | +€12,929 | +11.4% |
| Deferred charges and accrued income | 490/1 | €816 | €2,624 | +€1,808 | +221.5% |
| Total equity and liabilities | 10/49 | €135,243 | €143,613 | +€8,370 | +6.2% |
| Equity | 10/15 | €62,636 | €65,178 | +€2,543 | +4.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €44,086 | €44,086 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €42,231 | €42,231 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €2,543 | +€2,543 | |
| Amounts payable | 17/49 | €72,607 | €78,434 | +€5,827 | +8.0% |
| Amounts payable within one year | 42/48 | €72,607 | €78,434 | +€5,827 | +8.0% |
| Trade debts | 44 | €5,438 | €17,820 | +€12,383 | +227.7% |
| Suppliers | 440/4 | €4,508 | €17,820 | +€13,313 | +295.3% |
| Bills of exchange payable | 441 | €930 | - | -€930 | |
| Taxes, remuneration and social security | 45 | €19,283 | €1,686 | -€17,597 | -91.3% |
| Taxes | 450/3 | €18,283 | €1,686 | -€16,597 | -90.8% |
| Remuneration and social security | 454/9 | €1,000 | - | -€1,000 | |
| Other amounts payable | 47/48 | €47,887 | €58,928 | +€11,041 | +23.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,071 | €4,099 | +€1,029 | +33.5% |
| Other operating charges | 640/8 | €2,494 | €981 | -€1,513 | -60.7% |
| Gross operating margin | 9900 | €55,101 | €7,439 | -€47,662 | -86.5% |
| Operating profit (loss) | 9901 | €49,536 | €2,358 | -€47,178 | -95.2% |
| Financial income | 75/76B | €369 | €1,712 | +€1,342 | +363.7% |
| Recurring financial income | 75 | €369 | €1,712 | +€1,342 | +363.7% |
| Financial charges | 65/66B | €252 | €352 | +€101 | +40.1% |
| Recurring financial charges | 65 | €252 | €352 | +€101 | +40.1% |
| Profit (loss) for the period before taxes | 9903 | €49,654 | €3,718 | -€45,936 | -92.5% |
| Income taxes | 67/77 | €13,997 | €1,175 | -€12,822 | -91.6% |
| Profit (loss) for the period | 9904 | €35,657 | €2,543 | -€33,114 | -92.9% |
| Profit (loss) for the period to be appropriated | 9905 | €35,657 | €2,543 | -€33,114 | -92.9% |
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 2 October 2026 via checked.be.