RESPLASH: 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.
RESPLASH
Largest movements
- Stocks and contracts +€15,000
up €15,000 (+13.6%), from €110,500 to €125,501
- Cash -€7,334
no longer reported in 2025 (was €7,334)
mainly Short-term financial debts (-€34,076) and Stocks and contracts (-€15,000)
- Tangible fixed assets -€6,325
down €6,325 (-18.1%), from €34,999 to €28,674
of which Furniture and vehicles: -€5,011
- Short-term financial debts -€34,076
down €34,076 (-73.3%), from €46,500 to €12,424
- Tax, wage and social debts +€18,311
up €18,311 (+125%), from €14,656 to €32,967
- Profit (loss) carried forward +€11,326
up €11,326 (+463%), from €2,444 to €13,770
- Trade debts +€10,899
up €10,899 (+28.7%), from €37,995 to €48,894
- Debts after one year -€2,880
down €2,880 (-7.4%), from €39,000 to €36,120
- Gross operating margin +€16,238
up €16,238 (+146%), from €11,096 to €27,334
- Depreciation +€3,134
up €3,134 (+98.2%), from €3,191 to €6,325
- Financial charges +€2,548
up €2,548 (+89.2%), from €2,856 to €5,403
- Taxes +€1,700
up €1,700 (+94.4%), from €1,800 to €3,500
- Other operating charges -€300
down €300 (-27.8%), from €1,079 to €780
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 | €153,056 | €154,175 | +€1,119 | +0.7% |
| Fixed assets | 21/28 | €34,999 | €28,674 | -€6,325 | -18.1% |
| Tangible fixed assets | 22/27 | €34,999 | €28,674 | -€6,325 | -18.1% |
| Furniture and vehicles | 24 | €22,584 | €17,573 | -€5,011 | -22.2% |
| Other tangible fixed assets | 26 | €12,415 | €11,101 | -€1,313 | -10.6% |
| Current assets | 29/58 | €118,057 | €125,501 | +€7,444 | +6.3% |
| Stocks and contracts in progress | 3 | €110,500 | €125,501 | +€15,000 | +13.6% |
| Stocks | 30/36 | €110,500 | €125,501 | +€15,000 | +13.6% |
| Cash at bank and in hand | 54/58 | €7,334 | - | -€7,334 | |
| Deferred charges and accrued income | 490/1 | €222 | - | -€222 | |
| Total equity and liabilities | 10/49 | €153,056 | €154,175 | +€1,119 | +0.7% |
| Equity | 10/15 | €12,444 | €23,770 | +€11,326 | +91.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,444 | €13,770 | +€11,326 | +463% |
| Amounts payable | 17/49 | €140,612 | €130,405 | -€10,207 | -7.3% |
| Amounts payable after more than one year | 17 | €39,000 | €36,120 | -€2,880 | -7.4% |
| Financial debts | 170/4 | €39,000 | €36,120 | -€2,880 | -7.4% |
| Amounts payable within one year | 42/48 | €101,612 | €94,285 | -€7,327 | -7.2% |
| Current portion of amounts payable after more than one year | 42 | €2,461 | - | -€2,461 | |
| Financial debts | 43 | €46,500 | €12,424 | -€34,076 | -73.3% |
| Credit institutions | 430/8 | €46,500 | €12,424 | -€34,076 | -73.3% |
| Trade debts | 44 | €37,995 | €48,894 | +€10,899 | +28.7% |
| Suppliers | 440/4 | €37,995 | €48,894 | +€10,899 | +28.7% |
| Taxes, remuneration and social security | 45 | €14,656 | €32,967 | +€18,311 | +125% |
| Taxes | 450/3 | €14,656 | €32,967 | +€18,311 | +125% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,191 | €6,325 | +€3,134 | +98.2% |
| Other operating charges | 640/8 | €1,079 | €780 | -€300 | -27.8% |
| Gross operating margin | 9900 | €11,096 | €27,334 | +€16,238 | +146% |
| Operating profit (loss) | 9901 | €6,826 | €20,230 | +€13,404 | +196% |
| Financial income | 75/76B | €274 | - | -€274 | |
| Recurring financial income | 75 | €274 | - | -€274 | |
| Financial charges | 65/66B | €2,856 | €5,403 | +€2,548 | +89.2% |
| Recurring financial charges | 65 | €2,856 | €5,403 | +€2,548 | +89.2% |
| Profit (loss) for the period before taxes | 9903 | €4,244 | €14,826 | +€10,582 | +249% |
| Income taxes | 67/77 | €1,800 | €3,500 | +€1,700 | +94.4% |
| Profit (loss) for the period | 9904 | €2,444 | €11,326 | +€8,882 | +363% |
| Profit (loss) for the period to be appropriated | 9905 | €2,444 | €11,326 | +€8,882 | +363% |
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 13 October 2026 via checked.be.