RUBRO: 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.
RUBRO
Largest movements
- Cash +€12,280
up €12,280 (+5,936%), from €207 to €12,487
mainly Net result for the year (+€15,874) and Tax, wage and social debts (+€1,951)
- Receivables within one year +€5,097
up €5,097 (+54.6%), from €9,340 to €14,437
of which Other amounts receivable: +€4,037
- Tangible fixed assets -€1,258
down €1,258 (-44.4%), from €2,831 to €1,573
of which Other tangible fixed assets: -€700
- Deferred charges and accrued income +€559
new in 2025: €559
- Reserves +€17,250
new in 2025: €17,250
- Tax, wage and social debts +€1,951
up €1,951 (+31.0%), from €6,297 to €8,248
of which Taxes: +€3,726
- Profit (loss) carried forward -€1,376
down €1,376 (-98.7%), from €1,395 to €18
- Other debts -€850
no longer reported in 2025 (was €850)
- Trade debts -€392
down €392 (-21.0%), from €1,865 to €1,473
- Gross operating margin +€17,290
up €17,290 (+238%), from €7,279 to €24,569
- Taxes +€4,017
up €4,017 (+211%), from €1,904 to €5,921
- Financial charges -€599
down €599 (-84.3%), from €711 to €112
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 | €13,011 | €29,489 | +€16,478 | +127% |
| Fixed assets | 21/28 | €3,465 | €2,006 | -€1,458 | -42.1% |
| Intangible fixed assets | 21 | €633 | €433 | -€200 | -31.6% |
| Tangible fixed assets | 22/27 | €2,831 | €1,573 | -€1,258 | -44.4% |
| Furniture and vehicles | 24 | €614 | €56 | -€558 | -90.9% |
| Other tangible fixed assets | 26 | €2,217 | €1,517 | -€700 | -31.6% |
| Current assets | 29/58 | €9,547 | €27,483 | +€17,936 | +188% |
| Amounts receivable within one year | 40/41 | €9,340 | €14,437 | +€5,097 | +54.6% |
| Trade receivables | 40 | €9,340 | €10,400 | +€1,060 | +11.4% |
| Other amounts receivable | 41 | - | €4,037 | +€4,037 | |
| Cash at bank and in hand | 54/58 | €207 | €12,487 | +€12,280 | +5,936% |
| Deferred charges and accrued income | 490/1 | - | €559 | +€559 | |
| Total equity and liabilities | 10/49 | €13,011 | €29,489 | +€16,478 | +127% |
| Equity | 10/15 | €3,895 | €19,768 | +€15,874 | +408% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €17,250 | +€17,250 | |
| Distributable reserves | 133 | - | €17,250 | +€17,250 | |
| Profit (loss) carried forward | 14 | €1,395 | €18 | -€1,376 | -98.7% |
| Amounts payable | 17/49 | €9,117 | €9,721 | +€604 | +6.6% |
| Amounts payable within one year | 42/48 | €9,012 | €9,721 | +€709 | +7.9% |
| Trade debts | 44 | €1,865 | €1,473 | -€392 | -21.0% |
| Suppliers | 440/4 | €1,865 | €1,473 | -€392 | -21.0% |
| Taxes, remuneration and social security | 45 | €6,297 | €8,248 | +€1,951 | +31.0% |
| Taxes | 450/3 | €4,522 | €8,248 | +€3,726 | +82.4% |
| Remuneration and social security | 454/9 | €1,775 | - | -€1,775 | |
| Other amounts payable | 47/48 | €850 | - | -€850 | |
| Accrued charges and deferred income | 492/3 | €105 | - | -€105 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,383 | €1,458 | +€75 | +5.4% |
| Other operating charges | 640/8 | €1,272 | €1,314 | +€42 | +3.3% |
| Gross operating margin | 9900 | €7,279 | €24,569 | +€17,290 | +238% |
| Operating profit (loss) | 9901 | €4,624 | €21,797 | +€17,172 | +371% |
| Financial income | 75/76B | €3 | €110 | +€107 | +3,262% |
| Recurring financial income | 75 | €3 | €110 | +€107 | +3,262% |
| Financial charges | 65/66B | €711 | €112 | -€599 | -84.3% |
| Recurring financial charges | 65 | €711 | €112 | -€599 | -84.3% |
| Profit (loss) for the period before taxes | 9903 | €3,916 | €21,795 | +€17,879 | +457% |
| Income taxes | 67/77 | €1,904 | €5,921 | +€4,017 | +211% |
| Profit (loss) for the period | 9904 | €2,012 | €15,874 | +€13,861 | +689% |
| Profit (loss) for the period to be appropriated | 9905 | €2,012 | €15,874 | +€13,861 | +689% |
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.