See Sharper: 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.
See Sharper
Largest movements
- Cash -€12,513
down €12,513 (-86.7%), from €14,437 to €1,924
mainly Investment in fixed assets (net) (-€13,469) and Other debts (-€8,332)
- Tangible fixed assets +€9,811
up €9,811 (+566%), from €1,732 to €11,543
of which Furniture and vehicles: +€10,812
- Receivables within one year +€5,560
up €5,560 (+20.0%), from €27,733 to €33,293
of which Trade receivables: +€9,039
- Other debts -€8,332
no longer reported in 2025 (was €8,332)
- Reserves +€5,187
up €5,187 (+44.4%), from €11,683 to €16,870
of which Distributable reserves: +€7,047
- Debts after one year +€3,822
new in 2025: €3,822
- Tax, wage and social debts +€2,231
up €2,231 (+28.2%), from €7,917 to €10,148
- Current portion of long-term debt +€684
up €684 (+40.9%), from €1,671 to €2,355
- Gross operating margin -€3,937
down €3,937 (-21.7%), from €18,170 to €14,233
- Depreciation +€2,805
up €2,805 (+329%), from €853 to €3,658
- Taxes -€1,127
down €1,127 (-24.8%), from €4,535 to €3,408
- Financial charges +€193
up €193 (+26.6%), from €727 to €920
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 | €44,205 | €47,394 | +€3,189 | +7.2% |
| Fixed assets | 21/28 | €1,732 | €11,543 | +€9,811 | +566% |
| Tangible fixed assets | 22/27 | €1,732 | €11,543 | +€9,811 | +566% |
| Plant, machinery and equipment | 23 | €1,732 | €731 | -€1,001 | -57.8% |
| Furniture and vehicles | 24 | - | €10,812 | +€10,812 | |
| Current assets | 29/58 | €42,473 | €35,851 | -€6,622 | -15.6% |
| Amounts receivable within one year | 40/41 | €27,733 | €33,293 | +€5,560 | +20.0% |
| Trade receivables | 40 | €10,019 | €19,058 | +€9,039 | +90.2% |
| Other amounts receivable | 41 | €17,714 | €14,236 | -€3,479 | -19.6% |
| Cash at bank and in hand | 54/58 | €14,437 | €1,924 | -€12,513 | -86.7% |
| Deferred charges and accrued income | 490/1 | €303 | €634 | +€331 | +109% |
| Total equity and liabilities | 10/49 | €44,205 | €47,394 | +€3,189 | +7.2% |
| Equity | 10/15 | €23,883 | €29,070 | +€5,187 | +21.7% |
| Contributions | 10/11 | €12,200 | €12,200 | = | 0.0% |
| Reserves | 13 | €11,683 | €16,870 | +€5,187 | +44.4% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €9,823 | €16,870 | +€7,047 | +71.7% |
| Amounts payable | 17/49 | €20,322 | €18,324 | -€1,998 | -9.8% |
| Amounts payable after more than one year | 17 | - | €3,822 | +€3,822 | |
| Financial debts | 170/4 | - | €3,822 | +€3,822 | |
| Amounts payable within one year | 42/48 | €20,322 | €14,502 | -€5,820 | -28.6% |
| Current portion of amounts payable after more than one year | 42 | €1,671 | €2,355 | +€684 | +40.9% |
| Trade debts | 44 | €2,403 | €1,999 | -€404 | -16.8% |
| Suppliers | 440/4 | €2,403 | €1,999 | -€404 | -16.8% |
| Taxes, remuneration and social security | 45 | €7,917 | €10,148 | +€2,231 | +28.2% |
| Taxes | 450/3 | €7,917 | €10,148 | +€2,231 | +28.2% |
| Other amounts payable | 47/48 | €8,332 | - | -€8,332 | |
| Non-recurring operating income | 76A | - | €3,968 | +€3,968 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €853 | €3,658 | +€2,805 | +329% |
| Other operating charges | 640/8 | €1,080 | €1,060 | -€20 | -1.8% |
| Gross operating margin | 9900 | €18,170 | €14,233 | -€3,937 | -21.7% |
| Operating profit (loss) | 9901 | €16,236 | €9,514 | -€6,722 | -41.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €727 | €920 | +€193 | +26.6% |
| Recurring financial charges | 65 | €727 | €920 | +€193 | +26.6% |
| Profit (loss) for the period before taxes | 9903 | €15,510 | €8,595 | -€6,915 | -44.6% |
| Income taxes | 67/77 | €4,535 | €3,408 | -€1,127 | -24.8% |
| Profit (loss) for the period | 9904 | €10,975 | €5,187 | -€5,788 | -52.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,975 | €5,187 | -€5,788 | -52.7% |
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.