S-Color: 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.
S-Color
Largest movements
- Receivables within one year +€7,425
up €7,425 (+20.4%), from €36,428 to €43,853
of which Other amounts receivable: +€11,101
- Cash +€5,463
up €5,463 (+13.8%), from €39,483 to €44,946
mainly Trade debts (+€21,926) and Depreciation (+€1,265)
- Tangible fixed assets -€1,265
down €1,265 (-70.9%), from €1,783 to €518
- Trade debts +€21,926
new in 2025: €21,926
- Tax, wage and social debts -€11,218
down €11,218 (-71.4%), from €15,718 to €4,500
of which Remuneration and social security: -€6,718
- Profit (loss) carried forward +€914
up €914 (+1.5%), from €61,977 to €62,890
- Gross operating margin -€31,361
down €31,361 (-21.5%), from €145,995 to €114,634
- Staff costs -€20,217
down €20,217 (-17.0%), from €118,766 to €98,550
- Other operating charges +€9,695
up €9,695 (+1,068%), from €907 to €10,603
- Taxes -€3,579
down €3,579 (-76.9%), from €4,656 to €1,078
- Financial charges -€2,508
down €2,508 (-53.0%), from €4,735 to €2,227
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 | €77,694 | €89,318 | +€11,623 | +15.0% |
| Fixed assets | 21/28 | €1,783 | €518 | -€1,265 | -70.9% |
| Tangible fixed assets | 22/27 | €1,783 | €518 | -€1,265 | -70.9% |
| Furniture and vehicles | 24 | €1,783 | €518 | -€1,265 | -70.9% |
| Current assets | 29/58 | €75,911 | €88,800 | +€12,888 | +17.0% |
| Amounts receivable within one year | 40/41 | €36,428 | €43,853 | +€7,425 | +20.4% |
| Trade receivables | 40 | €22,576 | €18,901 | -€3,675 | -16.3% |
| Other amounts receivable | 41 | €13,851 | €24,952 | +€11,101 | +80.1% |
| Cash at bank and in hand | 54/58 | €39,483 | €44,946 | +€5,463 | +13.8% |
| Total equity and liabilities | 10/49 | €77,694 | €89,318 | +€11,623 | +15.0% |
| Equity | 10/15 | €61,977 | €62,891 | +€915 | +1.5% |
| Contributions | 10/11 | - | €1 | +€1 | |
| Profit (loss) carried forward | 14 | €61,977 | €62,890 | +€914 | +1.5% |
| Amounts payable | 17/49 | €15,718 | €26,426 | +€10,709 | +68.1% |
| Amounts payable within one year | 42/48 | €15,718 | €26,426 | +€10,709 | +68.1% |
| Trade debts | 44 | - | €21,926 | +€21,926 | |
| Suppliers | 440/4 | - | €21,926 | +€21,926 | |
| Taxes, remuneration and social security | 45 | €15,718 | €4,500 | -€11,218 | -71.4% |
| Taxes | 450/3 | €9,000 | €4,500 | -€4,500 | -50.0% |
| Remuneration and social security | 454/9 | €6,718 | - | -€6,718 | |
| Remuneration, social security and pensions | 62 | €118,766 | €98,550 | -€20,217 | -17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,265 | €1,265 | = | 0.0% |
| Other operating charges | 640/8 | €907 | €10,603 | +€9,695 | +1,068% |
| Gross operating margin | 9900 | €145,995 | €114,634 | -€31,361 | -21.5% |
| Operating profit (loss) | 9901 | €25,056 | €4,216 | -€20,840 | -83.2% |
| Financial income | 75/76B | €0 | €2 | +€1 | +515% |
| Recurring financial income | 75 | €0 | €2 | +€1 | +515% |
| Financial charges | 65/66B | €4,735 | €2,227 | -€2,508 | -53.0% |
| Recurring financial charges | 65 | €4,735 | €2,227 | -€2,508 | -53.0% |
| Profit (loss) for the period before taxes | 9903 | €20,321 | €1,991 | -€18,330 | -90.2% |
| Income taxes | 67/77 | €4,656 | €1,078 | -€3,579 | -76.9% |
| Profit (loss) for the period | 9904 | €15,665 | €914 | -€14,751 | -94.2% |
| Profit (loss) for the period to be appropriated | 9905 | €15,665 | €914 | -€14,751 | -94.2% |
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 19 October 2026 via checked.be.