Rich Content: 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.
Rich Content
Largest movements
- Cash +€16,321
up €16,321 (+167%), from €9,773 to €26,095
mainly Net result for the year (+€27,475) and Receivables within one year (+€7,603)
- Current investments +€15,000
new in 2025: €15,000
- Receivables within one year -€7,603
down €7,603 (-56.0%), from €13,569 to €5,966
of which Trade receivables: -€7,672
- Tangible fixed assets +€1,056
up €1,056 (+29.8%), from €3,546 to €4,602
- Deferred charges and accrued income +€652
new in 2025: €652
- Profit (loss) carried forward +€27,475
up €27,475 (+146%), from €18,840 to €46,316
- Tax, wage and social debts -€1,322
down €1,322 (-42.2%), from €3,133 to €1,810
- Trade debts -€643
down €643 (-44.6%), from €1,444 to €800
- Gross operating margin +€13,374
up €13,374 (+57.1%), from €23,433 to €36,807
- Taxes +€2,444
up €2,444 (+52.3%), from €4,671 to €7,114
- Depreciation +€1,368
up €1,368 (+656%), from €209 to €1,577
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 | €26,888 | €52,314 | +€25,426 | +94.6% |
| Fixed assets | 21/28 | €3,546 | €4,602 | +€1,056 | +29.8% |
| Tangible fixed assets | 22/27 | €3,546 | €4,602 | +€1,056 | +29.8% |
| Furniture and vehicles | 24 | €3,546 | €4,602 | +€1,056 | +29.8% |
| Current assets | 29/58 | €23,342 | €47,712 | +€24,370 | +104% |
| Amounts receivable within one year | 40/41 | €13,569 | €5,966 | -€7,603 | -56.0% |
| Trade receivables | 40 | €12,236 | €4,564 | -€7,672 | -62.7% |
| Other amounts receivable | 41 | €1,333 | €1,402 | +€69 | +5.2% |
| Current investments | 50/53 | - | €15,000 | +€15,000 | |
| Cash at bank and in hand | 54/58 | €9,773 | €26,095 | +€16,321 | +167% |
| Deferred charges and accrued income | 490/1 | - | €652 | +€652 | |
| Total equity and liabilities | 10/49 | €26,888 | €52,314 | +€25,426 | +94.6% |
| Equity | 10/15 | €21,840 | €49,316 | +€27,475 | +126% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,840 | €46,316 | +€27,475 | +146% |
| Amounts payable | 17/49 | €5,047 | €2,998 | -€2,049 | -40.6% |
| Amounts payable within one year | 42/48 | €5,047 | €2,998 | -€2,049 | -40.6% |
| Trade debts | 44 | €1,444 | €800 | -€643 | -44.6% |
| Suppliers | 440/4 | €1,444 | €800 | -€643 | -44.6% |
| Taxes, remuneration and social security | 45 | €3,133 | €1,810 | -€1,322 | -42.2% |
| Taxes | 450/3 | €3,133 | €1,810 | -€1,322 | -42.2% |
| Other amounts payable | 47/48 | €471 | €388 | -€83 | -17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €209 | €1,577 | +€1,368 | +656% |
| Other operating charges | 640/8 | €954 | €640 | -€313 | -32.8% |
| Gross operating margin | 9900 | €23,433 | €36,807 | +€13,374 | +57.1% |
| Operating profit (loss) | 9901 | €22,271 | €34,590 | +€12,319 | +55.3% |
| Financial income | 75/76B | €26 | €55 | +€29 | +115% |
| Recurring financial income | 75 | €26 | €55 | +€29 | +115% |
| Financial charges | 65/66B | €92 | €55 | -€37 | -40.0% |
| Recurring financial charges | 65 | €92 | €55 | -€37 | -40.0% |
| Profit (loss) for the period before taxes | 9903 | €22,204 | €34,590 | +€12,386 | +55.8% |
| Income taxes | 67/77 | €4,671 | €7,114 | +€2,444 | +52.3% |
| Profit (loss) for the period | 9904 | €17,533 | €27,475 | +€9,942 | +56.7% |
| Profit (loss) for the period to be appropriated | 9905 | €17,533 | €27,475 | +€9,942 | +56.7% |
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 22 October 2026 via checked.be.