Re-Balance: 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.
Re-Balance
Largest movements
- Tangible fixed assets -€9,017
down €9,017 (-45.7%), from €19,714 to €10,697
of which Furniture and vehicles: -€11,421
- Cash +€4,170
up €4,170 (+15.2%), from €27,519 to €31,689
mainly Depreciation (+€15,793) and Net result for the year (+€11,688)
- Receivables within one year +€2,203
up €2,203 (+38.3%), from €5,756 to €7,959
of which Trade receivables: +€4,249
- Other debts +€7,279
up €7,279 (+92.3%), from €7,884 to €15,164
- Current portion of long-term debt -€6,996
down €6,996 (-74.9%), from €9,345 to €2,349
- Debts after one year -€2,349
no longer reported in 2025 (was €2,349)
- Reserves -€1,501
down €1,501 (-4.8%), from €31,431 to €29,930
- Tax, wage and social debts +€781
up €781 (+35.9%), from €2,175 to €2,956
- Gross operating margin +€4,271
up €4,271 (+15.1%), from €28,369 to €32,640
- Depreciation +€1,616
up €1,616 (+11.4%), from €14,177 to €15,793
- Taxes +€739
up €739 (+18.0%), from €4,094 to €4,833
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 | €54,170 | €51,664 | -€2,505 | -4.6% |
| Fixed assets | 21/28 | €19,714 | €10,697 | -€9,017 | -45.7% |
| Tangible fixed assets | 22/27 | €19,714 | €10,697 | -€9,017 | -45.7% |
| Plant, machinery and equipment | 23 | €1,841 | €4,244 | +€2,403 | +131% |
| Furniture and vehicles | 24 | €17,874 | €6,453 | -€11,421 | -63.9% |
| Current assets | 29/58 | €34,455 | €40,967 | +€6,512 | +18.9% |
| Amounts receivable within one year | 40/41 | €5,756 | €7,959 | +€2,203 | +38.3% |
| Trade receivables | 40 | €2,745 | €6,994 | +€4,249 | +155% |
| Other amounts receivable | 41 | €3,011 | €965 | -€2,046 | -67.9% |
| Cash at bank and in hand | 54/58 | €27,519 | €31,689 | +€4,170 | +15.2% |
| Deferred charges and accrued income | 490/1 | €1,179 | €1,319 | +€140 | +11.8% |
| Total equity and liabilities | 10/49 | €54,170 | €51,664 | -€2,505 | -4.6% |
| Equity | 10/15 | €31,431 | €29,930 | -€1,501 | -4.8% |
| Reserves | 13 | €31,431 | €29,930 | -€1,501 | -4.8% |
| Distributable reserves | 133 | €31,431 | €29,930 | -€1,501 | -4.8% |
| Amounts payable | 17/49 | €22,739 | €21,735 | -€1,004 | -4.4% |
| Amounts payable after more than one year | 17 | €2,349 | - | -€2,349 | |
| Financial debts | 170/4 | €2,349 | - | -€2,349 | |
| Amounts payable within one year | 42/48 | €20,151 | €21,735 | +€1,583 | +7.9% |
| Current portion of amounts payable after more than one year | 42 | €9,345 | €2,349 | -€6,996 | -74.9% |
| Trade debts | 44 | €747 | €1,266 | +€519 | +69.4% |
| Suppliers | 440/4 | €747 | €1,266 | +€519 | +69.4% |
| Taxes, remuneration and social security | 45 | €2,175 | €2,956 | +€781 | +35.9% |
| Taxes | 450/3 | €2,175 | €2,956 | +€781 | +35.9% |
| Other amounts payable | 47/48 | €7,884 | €15,164 | +€7,279 | +92.3% |
| Accrued charges and deferred income | 492/3 | €238 | - | -€238 | |
| Non-recurring operating income | 76A | €491 | - | -€491 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,177 | €15,793 | +€1,616 | +11.4% |
| Non-recurring operating charges | 66A | - | €255 | +€255 | |
| Gross operating margin | 9900 | €28,369 | €32,640 | +€4,271 | +15.1% |
| Operating profit (loss) | 9901 | €14,192 | €16,591 | +€2,400 | +16.9% |
| Financial income | 75/76B | €345 | €343 | -€2 | -0.6% |
| Recurring financial income | 75 | €345 | €343 | -€2 | -0.6% |
| Financial charges | 65/66B | €435 | €414 | -€21 | -4.8% |
| Recurring financial charges | 65 | €435 | €414 | -€21 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €14,102 | €16,521 | +€2,419 | +17.2% |
| Income taxes | 67/77 | €4,094 | €4,833 | +€739 | +18.0% |
| Profit (loss) for the period | 9904 | €10,008 | €11,688 | +€1,680 | +16.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,008 | €11,688 | +€1,680 | +16.8% |
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 20 October 2026 via checked.be.