Salesnote: 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.
Salesnote
Largest movements
- Cash -€67,056
down €67,056 (-19.9%), from €337,368 to €270,312
mainly Accrued charges and deferred income (-€70,884) and Investment in fixed assets (net) (-€39,345)
- Intangible fixed assets +€13,563
up €13,563 (+41.0%), from €33,067 to €46,631
- Accrued charges and deferred income -€70,884
down €70,884 (-100%), from €70,884 to €0
- Profit (loss) carried forward +€25,255
up €25,255 (+6.0%), from -€424,235 to -€398,980
- Trade debts -€17,653
down €17,653 (-33.8%), from €52,281 to €34,629
- Tax, wage and social debts +€6,370
up €6,370 (+39.4%), from €16,177 to €22,547
of which Remuneration and social security: +€7,357
- Gross operating margin +€337,717
up €337,717, from -€129,760 to €207,956
- Staff costs +€20,168
up €20,168 (+14.9%), from €135,281 to €155,449
- Depreciation -€6,718
down €6,718 (-20.6%), from €32,602 to €25,884
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 | €510,199 | €453,875 | -€56,324 | -11.0% |
| Fixed assets | 21/28 | €39,411 | €52,872 | +€13,461 | +34.2% |
| Intangible fixed assets | 21 | €33,067 | €46,631 | +€13,563 | +41.0% |
| Tangible fixed assets | 22/27 | €2,294 | €2,191 | -€103 | -4.5% |
| Furniture and vehicles | 24 | €2,294 | €2,191 | -€103 | -4.5% |
| Financial fixed assets | 28 | €4,050 | €4,050 | = | 0.0% |
| Current assets | 29/58 | €470,788 | €401,003 | -€69,785 | -14.8% |
| Amounts receivable within one year | 40/41 | €131,278 | €130,546 | -€732 | -0.6% |
| Trade receivables | 40 | €131,278 | €129,830 | -€1,448 | -1.1% |
| Other amounts receivable | 41 | €0 | €716 | +€716 | |
| Cash at bank and in hand | 54/58 | €337,368 | €270,312 | -€67,056 | -19.9% |
| Deferred charges and accrued income | 490/1 | €2,142 | €145 | -€1,997 | -93.2% |
| Total equity and liabilities | 10/49 | €510,199 | €453,875 | -€56,324 | -11.0% |
| Equity | 10/15 | €370,285 | €395,540 | +€25,255 | +6.8% |
| Contributions | 10/11 | €794,520 | €794,520 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€424,235 | -€398,980 | +€25,255 | +6.0% |
| Amounts payable | 17/49 | €139,915 | €58,335 | -€81,579 | -58.3% |
| Amounts payable within one year | 42/48 | €69,030 | €58,335 | -€10,695 | -15.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €52,281 | €34,629 | -€17,653 | -33.8% |
| Suppliers | 440/4 | €52,281 | €34,629 | -€17,653 | -33.8% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €16,177 | €22,547 | +€6,370 | +39.4% |
| Taxes | 450/3 | €1,950 | €963 | -€987 | -50.6% |
| Remuneration and social security | 454/9 | €14,227 | €21,584 | +€7,357 | +51.7% |
| Other amounts payable | 47/48 | €572 | €1,160 | +€588 | +103% |
| Accrued charges and deferred income | 492/3 | €70,884 | €0 | -€70,884 | -100% |
| Remuneration, social security and pensions | 62 | €135,281 | €155,449 | +€20,168 | +14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,602 | €25,884 | -€6,718 | -20.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €300 | +€300 | |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | -€129,760 | €207,956 | +€337,717 | |
| Operating profit (loss) | 9901 | -€298,172 | €25,779 | +€323,950 | |
| Financial income | 75/76B | €111 | €4 | -€107 | -96.3% |
| Recurring financial income | 75 | €111 | €4 | -€107 | -96.3% |
| Financial charges | 65/66B | €1,081 | €528 | -€553 | -51.2% |
| Recurring financial charges | 65 | €1,081 | €528 | -€553 | -51.2% |
| Profit (loss) for the period before taxes | 9903 | -€299,141 | €25,255 | +€324,396 | |
| Profit (loss) for the period | 9904 | -€299,141 | €25,255 | +€324,396 | |
| Profit (loss) for the period to be appropriated | 9905 | -€299,141 | €25,255 | +€324,396 |
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 30 October 2026 via checked.be.