Saskia Den Roover: 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.
Saskia Den Roover
Largest movements
- Cash +€10,024
up €10,024 (+812%), from €1,234 to €11,258
mainly Deferred charges and accrued income (+€6,901) and Receivables after one year (+€5,000)
- Deferred charges and accrued income -€6,901
down €6,901 (-98.8%), from €6,983 to €83
- Receivables after one year -€5,000
down €5,000 (-20.0%), from €25,000 to €20,000
- Receivables within one year +€2,299
up €2,299 (+5.3%), from €43,451 to €45,751
of which Trade receivables: +€2,690
- Reserves +€1,938
up €1,938 (+3.1%), from €61,879 to €63,817
- Trade debts -€994
down €994 (-49.2%), from €2,019 to €1,025
- Tax, wage and social debts -€821
down €821 (-22.0%), from €3,732 to €2,910
- Gross operating margin +€18,161
up €18,161, from -€14,687 to €3,474
- Other operating charges -€385
down €385 (-45.7%), from €842 to €457
- Financial income +€234
up €234 (+60.0%), from €391 to €625
- Taxes -€173
down €173 (-83.3%), from €208 to €35
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 | €78,376 | €78,140 | -€237 | -0.3% |
| Fixed assets | 21/28 | €1,707 | €1,048 | -€659 | -38.6% |
| Tangible fixed assets | 22/27 | €1,707 | €1,048 | -€659 | -38.6% |
| Furniture and vehicles | 24 | €1,707 | €1,048 | -€659 | -38.6% |
| Current assets | 29/58 | €76,669 | €77,092 | +€422 | +0.6% |
| Amounts receivable after more than one year | 29 | €25,000 | €20,000 | -€5,000 | -20.0% |
| Other amounts receivable | 291 | €25,000 | €20,000 | -€5,000 | -20.0% |
| Amounts receivable within one year | 40/41 | €43,451 | €45,751 | +€2,299 | +5.3% |
| Trade receivables | 40 | €21,780 | €24,470 | +€2,690 | +12.4% |
| Other amounts receivable | 41 | €21,671 | €21,281 | -€391 | -1.8% |
| Cash at bank and in hand | 54/58 | €1,234 | €11,258 | +€10,024 | +812% |
| Deferred charges and accrued income | 490/1 | €6,983 | €83 | -€6,901 | -98.8% |
| Total equity and liabilities | 10/49 | €78,376 | €78,140 | -€237 | -0.3% |
| Equity | 10/15 | €68,079 | €70,017 | +€1,938 | +2.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €61,879 | €63,817 | +€1,938 | +3.1% |
| Distributable reserves | 133 | €61,879 | €63,817 | +€1,938 | +3.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €10,297 | €8,123 | -€2,175 | -21.1% |
| Amounts payable within one year | 42/48 | €10,297 | €8,123 | -€2,175 | -21.1% |
| Trade debts | 44 | €2,019 | €1,025 | -€994 | -49.2% |
| Suppliers | 440/4 | €2,019 | €1,025 | -€994 | -49.2% |
| Taxes, remuneration and social security | 45 | €3,732 | €2,910 | -€821 | -22.0% |
| Taxes | 450/3 | €3,732 | €2,910 | -€821 | -22.0% |
| Other amounts payable | 47/48 | €4,547 | €4,187 | -€359 | -7.9% |
| Non-recurring operating income | 76A | - | €1,552 | +€1,552 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €590 | €659 | +€69 | +11.7% |
| Other operating charges | 640/8 | €842 | €457 | -€385 | -45.7% |
| Gross operating margin | 9900 | -€14,687 | €3,474 | +€18,161 | |
| Operating profit (loss) | 9901 | -€16,119 | €2,358 | +€18,477 | |
| Financial income | 75/76B | €391 | €625 | +€234 | +60.0% |
| Recurring financial income | 75 | €391 | €625 | +€234 | +60.0% |
| Financial charges | 65/66B | €145 | €178 | +€33 | +22.4% |
| Recurring financial charges | 65 | €145 | €178 | +€33 | +22.4% |
| Profit (loss) for the period before taxes | 9903 | -€15,873 | €2,806 | +€18,679 | |
| Income taxes | 67/77 | €208 | €35 | -€173 | -83.3% |
| Profit (loss) for the period | 9904 | -€16,082 | €2,771 | +€18,852 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,082 | €2,771 | +€18,852 |
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.