S-DATA: 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.
S-DATA
Largest movements
- Cash +€35,471
up €35,471 (+270.6%), from €13,107 to €48,578
mainly Other debts (+€39,908) and Investment in fixed assets (net) (+€15,114)
- Tangible fixed assets -€19,379
down €19,379 (-89.7%), from €21,615 to €2,236
of which Furniture and vehicles: -€19,094
- Receivables within one year +€2,270
up €2,270 (+9.2%), from €24,580 to €26,850
of which Trade receivables: +€2,542
- Deferred charges and accrued income -€1,168
down €1,168 (-32.6%), from €3,580 to €2,412
- Contributions -€40,000
down €40,000 (-64.5%), from €62,000 to €22,000
- Other debts +€39,908
up €39,908 (+4547.8%), from €878 to €40,786
- Profit (loss) carried forward +€12,746
up €12,746, from -€11,859 to €887
- Trade debts +€3,563
up €3,563 (+68.5%), from €5,203 to €8,767
- Tax, wage and social debts +€936
up €936 (+26.4%), from €3,548 to €4,484
- Gross operating margin +€16,073
up €16,073 (+178.6%), from €8,998 to €25,071
- Taxes +€2,988
up €2,988 (+135.4%), from €2,207 to €5,196
- Depreciation -€2,626
down €2,626 (-38.1%), from €6,891 to €4,265
- Financial charges +€1,001
up €1,001 (+171.1%), from €585 to €1,586
- Other operating charges -€504
down €504 (-33.0%), from €1,526 to €1,022
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 | €64,954 | €82,147 | +€17,193 | +26.5% |
| Fixed assets | 21/28 | €23,686 | €4,307 | -€19,379 | -81.8% |
| Tangible fixed assets | 22/27 | €21,615 | €2,236 | -€19,379 | -89.7% |
| Furniture and vehicles | 24 | €20,336 | €1,241 | -€19,094 | -93.9% |
| Other tangible fixed assets | 26 | €1,279 | €994 | -€285 | -22.3% |
| Financial fixed assets | 28 | €2,071 | €2,071 | = | 0.0% |
| Current assets | 29/58 | €41,267 | €77,840 | +€36,573 | +88.6% |
| Amounts receivable within one year | 40/41 | €24,580 | €26,850 | +€2,270 | +9.2% |
| Trade receivables | 40 | €18,546 | €21,087 | +€2,542 | +13.7% |
| Other amounts receivable | 41 | €6,035 | €5,763 | -€272 | -4.5% |
| Cash at bank and in hand | 54/58 | €13,107 | €48,578 | +€35,471 | +270.6% |
| Deferred charges and accrued income | 490/1 | €3,580 | €2,412 | -€1,168 | -32.6% |
| Total equity and liabilities | 10/49 | €64,954 | €82,147 | +€17,193 | +26.5% |
| Equity | 10/15 | €55,054 | €28,110 | -€26,944 | -48.9% |
| Contributions | 10/11 | €62,000 | €22,000 | -€40,000 | -64.5% |
| Capital | 10 | €62,000 | - | -€62,000 | |
| Issued capital | 100 | €62,000 | - | -€62,000 | |
| Reserves | 13 | €4,913 | €5,223 | +€310 | +6.3% |
| Non-distributable reserves | 130/1 | €3,190 | €0 | -€3,190 | -100.0% |
| Legal reserve | 130 | €3,190 | - | -€3,190 | |
| Reserves not available under the articles | 1311 | - | €0 | = | |
| Distributable reserves | 133 | €1,723 | €5,223 | +€3,500 | +203.1% |
| Profit (loss) carried forward | 14 | -€11,859 | €887 | +€12,746 | |
| Amounts payable | 17/49 | €9,900 | €54,037 | +€44,137 | +445.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €9,900 | €54,037 | +€44,137 | +445.8% |
| Current portion of amounts payable after more than one year | 42 | €271 | €0 | -€271 | -100.0% |
| Trade debts | 44 | €5,203 | €8,767 | +€3,563 | +68.5% |
| Suppliers | 440/4 | €5,203 | €8,767 | +€3,563 | +68.5% |
| Taxes, remuneration and social security | 45 | €3,548 | €4,484 | +€936 | +26.4% |
| Taxes | 450/3 | €3,548 | €4,484 | +€936 | +26.4% |
| Other amounts payable | 47/48 | €878 | €40,786 | +€39,908 | +4547.8% |
| Non-recurring operating income | 76A | - | €1,178 | +€1,178 | |
| Remuneration, social security and pensions | 62 | €368 | €0 | -€368 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,891 | €4,265 | -€2,626 | -38.1% |
| Other operating charges | 640/8 | €1,526 | €1,022 | -€504 | -33.0% |
| Gross operating margin | 9900 | €8,998 | €25,071 | +€16,073 | +178.6% |
| Operating profit (loss) | 9901 | €213 | €19,783 | +€19,570 | +9188.8% |
| Financial income | 75/76B | €532 | €55 | -€477 | -89.7% |
| Recurring financial income | 75 | €532 | €55 | -€477 | -89.7% |
| Financial charges | 65/66B | €585 | €1,586 | +€1,001 | +171.1% |
| Recurring financial charges | 65 | €585 | €1,586 | +€1,001 | +171.1% |
| Profit (loss) for the period before taxes | 9903 | €160 | €18,252 | +€18,092 | +11294.0% |
| Income taxes | 67/77 | €2,207 | €5,196 | +€2,988 | +135.4% |
| Profit (loss) for the period | 9904 | -€2,047 | €13,056 | +€15,104 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,047 | €13,056 | +€15,104 |
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 1 October 2026 via checked.be.