RegulArt: 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.
RegulArt
Largest movements
- Cash +€20,390
up €20,390 (+109%), from €18,764 to €39,155
mainly Net result for the year (+€29,532) and Depreciation (+€552)
- Tangible fixed assets +€1,785
up €1,785 (+135%), from €1,319 to €3,104
- Profit (loss) carried forward +€28,699
up €28,699 (+307%), from €9,338 to €38,037
- Tax, wage and social debts -€5,482
down €5,482 (-61.4%), from €8,923 to €3,441
- Trade debts -€1,373
down €1,373 (-90.4%), from €1,519 to €146
- Gross operating margin +€25,243
up €25,243 (+194%), from €13,002 to €38,245
- Taxes +€5,134
up €5,134 (+182%), from €2,827 to €7,961
- Depreciation +€550
up €550 (+22,822%), from €2 to €552
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 | €21,140 | €42,957 | +€21,818 | +103% |
| Fixed assets | 21/28 | €1,319 | €3,104 | +€1,785 | +135% |
| Tangible fixed assets | 22/27 | €1,319 | €3,104 | +€1,785 | +135% |
| Furniture and vehicles | 24 | €1,319 | €3,104 | +€1,785 | +135% |
| Current assets | 29/58 | €19,821 | €39,853 | +€20,033 | +101% |
| Amounts receivable within one year | 40/41 | €784 | €399 | -€385 | -49.1% |
| Trade receivables | 40 | - | €246 | +€246 | |
| Other amounts receivable | 41 | €784 | €152 | -€632 | -80.6% |
| Cash at bank and in hand | 54/58 | €18,764 | €39,155 | +€20,390 | +109% |
| Deferred charges and accrued income | 490/1 | €272 | €300 | +€28 | +10.2% |
| Total equity and liabilities | 10/49 | €21,140 | €42,957 | +€21,818 | +103% |
| Equity | 10/15 | €9,838 | €38,537 | +€28,699 | +292% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,338 | €38,037 | +€28,699 | +307% |
| Amounts payable | 17/49 | €11,301 | €4,420 | -€6,881 | -60.9% |
| Amounts payable within one year | 42/48 | €11,301 | €4,420 | -€6,881 | -60.9% |
| Trade debts | 44 | €1,519 | €146 | -€1,373 | -90.4% |
| Suppliers | 440/4 | €1,519 | €146 | -€1,373 | -90.4% |
| Taxes, remuneration and social security | 45 | €8,923 | €3,441 | -€5,482 | -61.4% |
| Taxes | 450/3 | €8,923 | €3,441 | -€5,482 | -61.4% |
| Other amounts payable | 47/48 | €859 | €833 | -€26 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2 | €552 | +€550 | +22,822% |
| Other operating charges | 640/8 | - | €200 | +€200 | |
| Gross operating margin | 9900 | €13,002 | €38,245 | +€25,243 | +194% |
| Operating profit (loss) | 9901 | €12,999 | €37,492 | +€24,493 | +188% |
| Financial income | 75/76B | €37 | - | -€37 | |
| Recurring financial income | 75 | €37 | - | -€37 | |
| Financial charges | 65/66B | €12 | €0 | -€11 | -98.7% |
| Recurring financial charges | 65 | €12 | €0 | -€11 | -98.7% |
| Profit (loss) for the period before taxes | 9903 | €13,024 | €37,492 | +€24,468 | +188% |
| Income taxes | 67/77 | €2,827 | €7,961 | +€5,134 | +182% |
| Profit (loss) for the period | 9904 | €10,197 | €29,532 | +€19,335 | +190% |
| Profit (loss) for the period to be appropriated | 9905 | €10,197 | €29,532 | +€19,335 | +190% |
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 17 October 2026 via checked.be.