Reorder: 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.
Reorder
Largest movements
- Tangible fixed assets -€10,764
down €10,764 (-31.9%), from €33,757 to €22,993
of which Furniture and vehicles: -€10,389
- Cash +€8,809
up €8,809 (+53.9%), from €16,346 to €25,154
mainly Net result for the year (+€15,444) and Depreciation (+€9,449)
- Receivables within one year -€1,565
down €1,565 (-11.1%), from €14,157 to €12,592
of which Trade receivables: -€1,573
- Profit (loss) carried forward +€15,444
up €15,444 (+199%), from €7,770 to €23,215
- Other debts -€14,312
down €14,312 (-100%), from €14,312 to €0
- Debts after one year -€9,565
down €9,565 (-69.9%), from €13,689 to €4,123
- Trade debts +€2,666
up €2,666 (+228%), from €1,169 to €3,835
- Tax, wage and social debts +€788
up €788 (+5.0%), from €15,612 to €16,400
of which Taxes: +€788
- Gross operating margin +€14,765
up €14,765 (+73.2%), from €20,158 to €34,922
- Taxes +€3,043
up €3,043 (+115%), from €2,645 to €5,688
- Depreciation -€740
down €740 (-7.3%), from €10,189 to €9,449
- Financial charges -€447
down €447 (-20.2%), from €2,213 to €1,765
- Other operating charges +€398
up €398 (+78.3%), from €508 to €906
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 | €66,729 | €62,696 | -€4,032 | -6.0% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €35,105 | €23,941 | -€11,164 | -31.8% |
| Intangible fixed assets | 21 | €1,348 | €948 | -€400 | -29.7% |
| Tangible fixed assets | 22/27 | €33,757 | €22,993 | -€10,764 | -31.9% |
| Furniture and vehicles | 24 | €30,547 | €20,157 | -€10,389 | -34.0% |
| Other tangible fixed assets | 26 | €3,210 | €2,835 | -€375 | -11.7% |
| Current assets | 29/58 | €31,624 | €38,756 | +€7,132 | +22.6% |
| Amounts receivable within one year | 40/41 | €14,157 | €12,592 | -€1,565 | -11.1% |
| Trade receivables | 40 | €14,157 | €12,584 | -€1,573 | -11.1% |
| Other amounts receivable | 41 | €0 | €8 | +€8 | |
| Cash at bank and in hand | 54/58 | €16,346 | €25,154 | +€8,809 | +53.9% |
| Deferred charges and accrued income | 490/1 | €1,121 | €1,009 | -€112 | -10.0% |
| Total equity and liabilities | 10/49 | €66,729 | €62,696 | -€4,032 | -6.0% |
| Equity | 10/15 | €12,770 | €28,215 | +€15,444 | +121% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,770 | €23,215 | +€15,444 | +199% |
| Amounts payable | 17/49 | €53,958 | €34,482 | -€19,477 | -36.1% |
| Amounts payable after more than one year | 17 | €13,689 | €4,123 | -€9,565 | -69.9% |
| Financial debts | 170/4 | €13,689 | €4,123 | -€9,565 | -69.9% |
| Amounts payable within one year | 42/48 | €40,270 | €29,914 | -€10,356 | -25.7% |
| Current portion of amounts payable after more than one year | 42 | €9,116 | €9,565 | +€449 | +4.9% |
| Financial debts | 43 | €60 | €113 | +€53 | +88.6% |
| Credit institutions | 430/8 | €60 | €113 | +€53 | +88.6% |
| Trade debts | 44 | €1,169 | €3,835 | +€2,666 | +228% |
| Suppliers | 440/4 | €1,169 | €3,835 | +€2,666 | +228% |
| Taxes, remuneration and social security | 45 | €15,612 | €16,400 | +€788 | +5.0% |
| Taxes | 450/3 | €12,974 | €13,762 | +€788 | +6.1% |
| Remuneration and social security | 454/9 | €2,638 | €2,638 | = | 0.0% |
| Other amounts payable | 47/48 | €14,312 | €0 | -€14,312 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | €445 | +€445 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,189 | €9,449 | -€740 | -7.3% |
| Other operating charges | 640/8 | €508 | €906 | +€398 | +78.3% |
| Non-recurring operating charges | 66A | - | €1,715 | +€1,715 | |
| Gross operating margin | 9900 | €20,158 | €34,922 | +€14,765 | +73.2% |
| Operating profit (loss) | 9901 | €9,461 | €22,852 | +€13,391 | +142% |
| Financial income | 75/76B | €0 | €45 | +€45 | |
| Recurring financial income | 75 | €0 | €45 | +€45 | |
| Financial charges | 65/66B | €2,213 | €1,765 | -€447 | -20.2% |
| Recurring financial charges | 65 | €2,213 | €1,765 | -€447 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | €7,248 | €21,132 | +€13,884 | +192% |
| Income taxes | 67/77 | €2,645 | €5,688 | +€3,043 | +115% |
| Profit (loss) for the period | 9904 | €4,603 | €15,444 | +€10,841 | +236% |
| Profit (loss) for the period to be appropriated | 9905 | €4,603 | €15,444 | +€10,841 | +236% |
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 18 October 2026 via checked.be.