RANK1: 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.
RANK1
Largest movements
- Receivables within one year -€257,809
down €257,809 (-13.0%), from €2.0m to €1.7m
of which Other amounts receivable: -€541,928
- Deferred charges and accrued income +€60,852
up €60,852 (+254.4%), from €23,917 to €84,769
- Other debts -€800,000
down €800,000 (-100.0%), from €800,000 to €0
- Profit (loss) carried forward +€271,669
up €271,669 (+46.6%), from €582,865 to €854,534
- Accrued charges and deferred income +€213,970
up €213,970 (+94.3%), from €226,855 to €440,825
- Trade debts +€154,037
up €154,037 (+13.7%), from €1.1m to €1.3m
- Short-term financial debts -€146,856
down €146,856 (-100.0%), from €146,856 to €0
- Turnover +€990,867
up €990,867 (+10.0%), from €9.9m to €10.9m
- Purchases and services +€602,871
up €602,871 (+8.1%), from €7.4m to €8.0m
- Gross operating margin +€386,552
up €386,552 (+15.1%), from €2.6m to €2.9m
- Write-downs -€224,106
down €224,106, from €214,464 to -€9,642
- Staff costs +€175,340
up €175,340 (+7.5%), from €2.3m to €2.5m
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 | €3,476,223 | €3,312,977 | -€163,246 | -4.7% |
| Fixed assets | 21/28 | €1,209 | €258 | -€951 | -78.6% |
| Intangible fixed assets | 21 | €877 | €172 | -€705 | -80.4% |
| Financial fixed assets | 28 | €332 | €86 | -€246 | -74.1% |
| Current assets | 29/58 | €3,475,014 | €3,312,719 | -€162,296 | -4.7% |
| Amounts receivable within one year | 40/41 | €1,989,164 | €1,731,355 | -€257,809 | -13.0% |
| Trade receivables | 40 | €1,420,562 | €1,704,682 | +€284,119 | +20.0% |
| Other amounts receivable | 41 | €568,601 | €26,673 | -€541,928 | -95.3% |
| Cash at bank and in hand | 54/58 | €1,461,934 | €1,496,595 | +€34,661 | +2.4% |
| Deferred charges and accrued income | 490/1 | €23,917 | €84,769 | +€60,852 | +254.4% |
| Total equity and liabilities | 10/49 | €3,476,223 | €3,312,977 | -€163,246 | -4.7% |
| Equity | 10/15 | €825,230 | €1,096,899 | +€271,669 | +32.9% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €180,865 | €180,865 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €174,715 | €174,715 | = | 0.0% |
| Profit (loss) carried forward | 14 | €582,865 | €854,534 | +€271,669 | +46.6% |
| Amounts payable | 17/49 | €2,650,994 | €2,216,078 | -€434,915 | -16.4% |
| Amounts payable within one year | 42/48 | €2,424,138 | €1,775,253 | -€648,885 | -26.8% |
| Financial debts | 43 | €146,856 | €0 | -€146,856 | -100.0% |
| Credit institutions | 430/8 | €146,856 | €0 | -€146,856 | -100.0% |
| Trade debts | 44 | €1,124,255 | €1,278,292 | +€154,037 | +13.7% |
| Suppliers | 440/4 | €1,124,255 | €1,278,292 | +€154,037 | +13.7% |
| Taxes, remuneration and social security | 45 | €353,027 | €496,961 | +€143,934 | +40.8% |
| Taxes | 450/3 | €98,922 | €177,903 | +€78,981 | +79.8% |
| Remuneration and social security | 454/9 | €254,105 | €319,058 | +€64,953 | +25.6% |
| Other amounts payable | 47/48 | €800,000 | €0 | -€800,000 | -100.0% |
| Accrued charges and deferred income | 492/3 | €226,855 | €440,825 | +€213,970 | +94.3% |
| Turnover | 70 | €9,920,271 | €10,911,138 | +€990,867 | +10.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €7,404,463 | €8,007,334 | +€602,871 | +8.1% |
| Remuneration, social security and pensions | 62 | €2,327,056 | €2,502,396 | +€175,340 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €705 | €705 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €214,464 | -€9,642 | -€224,106 | |
| Other operating charges | 640/8 | €2,614 | €2,703 | +€89 | +3.4% |
| Gross operating margin | 9900 | €2,556,380 | €2,942,932 | +€386,552 | +15.1% |
| Operating profit (loss) | 9901 | €11,541 | €446,769 | +€435,229 | +3771.2% |
| Financial income | 75/76B | €117,246 | €24,308 | -€92,938 | -79.3% |
| Recurring financial income | 75 | €117,246 | €24,308 | -€92,938 | -79.3% |
| Financial charges | 65/66B | €52,163 | €74,173 | +€22,010 | +42.2% |
| Recurring financial charges | 65 | €52,163 | €74,173 | +€22,010 | +42.2% |
| Profit (loss) for the period before taxes | 9903 | €76,624 | €396,904 | +€320,281 | +418.0% |
| Income taxes | 67/77 | €42,148 | €125,235 | +€83,087 | +197.1% |
| Profit (loss) for the period | 9904 | €34,476 | €271,669 | +€237,193 | +688.0% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €34,476 | €271,669 | +€237,193 | +688.0% |
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 11 October 2026 via checked.be.