SALES REQUEST: 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.
SALES REQUEST
Largest movements
- Receivables within one year +€358,603
up €358,603 (+495.0%), from €72,439 to €431,042
of which Trade receivables: +€181,354
- Tangible fixed assets +€29,226
up €29,226 (+2413.4%), from €1,211 to €30,437
of which Furniture and vehicles: +€25,985
- Stocks and contracts +€21,773
up €21,773 (+26.5%), from €82,006 to €103,778
- Deferred charges and accrued income +€7,153
up €7,153 (+205.1%), from €3,487 to €10,641
- Short-term financial debts +€186,299
up €186,299 (+1133.4%), from €16,438 to €202,737
- Trade debts +€172,351
up €172,351 (+363.7%), from €47,392 to €219,743
- Other debts +€51,233
up €51,233 (+6818.6%), from €751 to €51,985
- Profit (loss) carried forward -€19,890
down €19,890, from €228 to -€19,662
- Debts after one year +€13,923
new in 2025: €13,923
- Gross operating margin -€19,238
down €19,238 (-99.2%), from €19,394 to €156
- Financial charges +€9,536
up €9,536 (+858.7%), from €1,111 to €10,647
- Depreciation +€4,646
up €4,646 (+7418.7%), from €63 to €4,708
- Other operating charges +€4,630
new in 2025: €4,630
- Taxes -€3,930
down €3,930 (-98.3%), from €3,996 to €66
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 | €159,145 | €577,535 | +€418,390 | +262.9% |
| Fixed assets | 21/28 | €1,211 | €32,072 | +€30,861 | +2548.4% |
| Tangible fixed assets | 22/27 | €1,211 | €30,437 | +€29,226 | +2413.4% |
| Plant, machinery and equipment | 23 | - | €399 | +€399 | |
| Furniture and vehicles | 24 | €1,211 | €27,196 | +€25,985 | +2145.7% |
| Other tangible fixed assets | 26 | - | €2,843 | +€2,843 | |
| Financial fixed assets | 28 | - | €1,635 | +€1,635 | |
| Current assets | 29/58 | €157,934 | €545,463 | +€387,529 | +245.4% |
| Stocks and contracts in progress | 3 | €82,006 | €103,778 | +€21,773 | +26.5% |
| Stocks | 30/36 | €82,006 | €103,778 | +€21,773 | +26.5% |
| Amounts receivable within one year | 40/41 | €72,439 | €431,042 | +€358,603 | +495.0% |
| Trade receivables | 40 | €71,858 | €253,212 | +€181,354 | +252.4% |
| Other amounts receivable | 41 | €581 | €177,830 | +€177,249 | +30502.8% |
| Cash at bank and in hand | 54/58 | €2 | €2 | +€0 | +1.7% |
| Deferred charges and accrued income | 490/1 | €3,487 | €10,641 | +€7,153 | +205.1% |
| Total equity and liabilities | 10/49 | €159,145 | €577,535 | +€418,390 | +262.9% |
| Equity | 10/15 | €20,228 | €338 | -€19,890 | -98.3% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €14,000 | €14,000 | = | 0.0% |
| Distributable reserves | 133 | €14,000 | €14,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €228 | -€19,662 | -€19,890 | |
| Amounts payable | 17/49 | €138,917 | €577,197 | +€438,280 | +315.5% |
| Amounts payable after more than one year | 17 | - | €13,923 | +€13,923 | |
| Financial debts | 170/4 | - | €13,923 | +€13,923 | |
| Amounts payable within one year | 42/48 | €138,917 | €560,767 | +€421,850 | +303.7% |
| Current portion of amounts payable after more than one year | 42 | - | €10,054 | +€10,054 | |
| Financial debts | 43 | €16,438 | €202,737 | +€186,299 | +1133.4% |
| Credit institutions | 430/8 | €16,438 | €202,737 | +€186,299 | +1133.4% |
| Trade debts | 44 | €47,392 | €219,743 | +€172,351 | +363.7% |
| Suppliers | 440/4 | €47,392 | €219,743 | +€172,351 | +363.7% |
| Advances received on contracts in progress | 46 | €8,678 | €0 | -€8,678 | -100.0% |
| Taxes, remuneration and social security | 45 | €65,658 | €76,248 | +€10,589 | +16.1% |
| Taxes | 450/3 | €65,658 | €74,248 | +€8,589 | +13.1% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €751 | €51,985 | +€51,233 | +6818.6% |
| Accrued charges and deferred income | 492/3 | - | €2,508 | +€2,508 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63 | €4,708 | +€4,646 | +7418.7% |
| Other operating charges | 640/8 | - | €4,630 | +€4,630 | |
| Gross operating margin | 9900 | €19,394 | €156 | -€19,238 | -99.2% |
| Operating profit (loss) | 9901 | €19,332 | -€9,182 | -€28,514 | |
| Financial income | 75/76B | €3 | €5 | +€2 | +75.0% |
| Recurring financial income | 75 | €3 | €5 | +€2 | +75.0% |
| Financial charges | 65/66B | €1,111 | €10,647 | +€9,536 | +858.7% |
| Recurring financial charges | 65 | €1,111 | €10,647 | +€9,536 | +858.7% |
| Profit (loss) for the period before taxes | 9903 | €18,224 | -€19,824 | -€38,048 | |
| Income taxes | 67/77 | €3,996 | €66 | -€3,930 | -98.3% |
| Profit (loss) for the period | 9904 | €14,228 | -€19,890 | -€34,118 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,228 | -€19,890 | -€34,118 |
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 7 October 2026 via checked.be.