Revolution: what changed
Two fiscal 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.
Revolution
Largest movements
- Cash +€20,332
up €20,332 (+45.5%), from €44,689 to €65,021
mainly Net result for the year (+€12,461) and Receivables within one year (+€3,899)
- Receivables within one year -€3,899
down €3,899 (-49.5%), from €7,880 to €3,981
- Profit (loss) carried forward +€12,461
up €12,461 (+7.7%), from -€161,496 to -€149,035
- Trade debts +€1,667
up €1,667 (+153.3%), from €1,088 to €2,755
- Other debts +€1,452
up €1,452 (+2.1%), from €67,716 to €69,167
- Tax, wage and social debts +€954
up €954 (+92.3%), from €1,034 to €1,988
- Gross operating margin -€1,704
down €1,704 (-11.4%), from €14,970 to €13,266
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 | €55,630 | €72,164 | +€16,534 | +29.7% |
| Current assets | 29/58 | €55,630 | €72,164 | +€16,534 | +29.7% |
| Amounts receivable within one year | 40/41 | €7,880 | €3,981 | -€3,899 | -49.5% |
| Trade receivables | 40 | €7,880 | €3,981 | -€3,899 | -49.5% |
| Cash at bank and in hand | 54/58 | €44,689 | €65,021 | +€20,332 | +45.5% |
| Deferred charges and accrued income | 490/1 | €3,061 | €3,162 | +€101 | +3.3% |
| Total equity and liabilities | 10/49 | €55,630 | €72,164 | +€16,534 | +29.7% |
| Equity | 10/15 | -€14,208 | -€1,747 | +€12,461 | +87.7% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €141,091 | €141,091 | = | 0.0% |
| Distributable reserves | 133 | €141,091 | €141,091 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€161,496 | -€149,035 | +€12,461 | +7.7% |
| Amounts payable | 17/49 | €69,837 | €73,910 | +€4,073 | +5.8% |
| Amounts payable within one year | 42/48 | €69,837 | €73,910 | +€4,073 | +5.8% |
| Trade debts | 44 | €1,088 | €2,755 | +€1,667 | +153.3% |
| Suppliers | 440/4 | €1,088 | €2,755 | +€1,667 | +153.3% |
| Taxes, remuneration and social security | 45 | €1,034 | €1,988 | +€954 | +92.3% |
| Taxes | 450/3 | €1,034 | €1,988 | +€954 | +92.3% |
| Other amounts payable | 47/48 | €67,716 | €69,167 | +€1,452 | +2.1% |
| Remuneration, social security and pensions | 62 | - | €12 | +€12 | |
| Other operating charges | 640/8 | €569 | €597 | +€28 | +4.9% |
| Gross operating margin | 9900 | €14,970 | €13,266 | -€1,704 | -11.4% |
| Operating profit (loss) | 9901 | €14,401 | €12,657 | -€1,744 | -12.1% |
| Financial income | 75/76B | €52 | €4 | -€48 | -92.9% |
| Recurring financial income | 75 | €52 | €4 | -€48 | -92.9% |
| Financial charges | 65/66B | €233 | €213 | -€20 | -8.6% |
| Recurring financial charges | 65 | €233 | €213 | -€20 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €14,220 | €12,448 | -€1,772 | -12.5% |
| Income taxes | 67/77 | €7 | -€13 | -€21 | |
| Profit (loss) for the period | 9904 | €14,212 | €12,461 | -€1,751 | -12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €14,212 | €12,461 | -€1,751 | -12.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.