SEASON: 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.
SEASON
Largest movements
- Stocks and contracts +€65,000
new in 2025: €65,000
- Cash +€55,186
up €55,186 (+134%), from €41,048 to €96,234
mainly Other debts (+€63,000) and Receivables within one year (+€38,506)
- Receivables within one year -€38,506
down €38,506 (-46.2%), from €83,340 to €44,833
of which Trade receivables: -€40,867
- Other debts +€63,000
new in 2025: €63,000
- Profit (loss) carried forward +€11,448
up €11,448 (+41.2%), from €27,761 to €39,209
- Trade debts +€7,732
up €7,732 (+10.9%), from €71,185 to €78,917
- Advances received -€3,000
no longer reported in 2025 (was €3,000)
- Tax, wage and social debts +€2,500
up €2,500 (+41.7%), from €6,000 to €8,500
of which Taxes: +€3,500
- Other operating charges +€2,864
up €2,864 (+312%), from €918 to €3,782
- Gross operating margin -€2,106
down €2,106 (-12.8%), from €16,502 to €14,396
- Taxes -€1,539
down €1,539 (-30.4%), from €5,058 to €3,519
- Financial income +€1,169
up €1,169 (+33.8%), from €3,461 to €4,630
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 | €126,546 | €208,226 | +€81,680 | +64.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €2,159 | €2,159 | = | 0.0% |
| Financial fixed assets | 28 | €2,159 | €2,159 | = | 0.0% |
| Current assets | 29/58 | €124,387 | €206,068 | +€81,680 | +65.7% |
| Stocks and contracts in progress | 3 | - | €65,000 | +€65,000 | |
| Stocks | 30/36 | - | €65,000 | +€65,000 | |
| Amounts receivable within one year | 40/41 | €83,340 | €44,833 | -€38,506 | -46.2% |
| Trade receivables | 40 | €61,276 | €20,410 | -€40,867 | -66.7% |
| Other amounts receivable | 41 | €22,063 | €24,424 | +€2,360 | +10.7% |
| Cash at bank and in hand | 54/58 | €41,048 | €96,234 | +€55,186 | +134% |
| Total equity and liabilities | 10/49 | €126,546 | €208,226 | +€81,680 | +64.5% |
| Equity | 10/15 | €46,361 | €57,809 | +€11,448 | +24.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,761 | €39,209 | +€11,448 | +41.2% |
| Amounts payable | 17/49 | €80,185 | €150,417 | +€70,232 | +87.6% |
| Amounts payable within one year | 42/48 | €80,185 | €150,417 | +€70,232 | +87.6% |
| Trade debts | 44 | €71,185 | €78,917 | +€7,732 | +10.9% |
| Suppliers | 440/4 | €71,185 | €78,917 | +€7,732 | +10.9% |
| Advances received on contracts in progress | 46 | €3,000 | - | -€3,000 | |
| Taxes, remuneration and social security | 45 | €6,000 | €8,500 | +€2,500 | +41.7% |
| Taxes | 450/3 | €5,000 | €8,500 | +€3,500 | +70.0% |
| Remuneration and social security | 454/9 | €1,000 | - | -€1,000 | |
| Other amounts payable | 47/48 | - | €63,000 | +€63,000 | |
| Other operating charges | 640/8 | €918 | €3,782 | +€2,864 | +312% |
| Gross operating margin | 9900 | €16,502 | €14,396 | -€2,106 | -12.8% |
| Operating profit (loss) | 9901 | €15,584 | €10,614 | -€4,970 | -31.9% |
| Financial income | 75/76B | €3,461 | €4,630 | +€1,169 | +33.8% |
| Recurring financial income | 75 | €3,461 | €4,630 | +€1,169 | +33.8% |
| Financial charges | 65/66B | €178 | €277 | +€99 | +55.3% |
| Recurring financial charges | 65 | €178 | €277 | +€99 | +55.3% |
| Profit (loss) for the period before taxes | 9903 | €18,867 | €14,967 | -€3,900 | -20.7% |
| Income taxes | 67/77 | €5,058 | €3,519 | -€1,539 | -30.4% |
| Profit (loss) for the period | 9904 | €13,809 | €11,448 | -€2,361 | -17.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,809 | €11,448 | -€2,361 | -17.1% |
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 21 October 2026 via checked.be.