Send it: 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.
Send it
Largest movements
- Cash +€17,766
up €17,766 (+59.6%), from €29,824 to €47,590
mainly Net result for the year (+€28,170) and Tax, wage and social debts (+€8,256)
- Receivables within one year +€9,808
up €9,808 (+1,879%), from €522 to €10,330
of which Trade receivables: +€7,944
- Tangible fixed assets +€6,764
new in 2025: €6,764
- Deferred charges and accrued income +€3,056
up €3,056 (+315%), from €970 to €4,026
- Profit (loss) carried forward +€28,170
up €28,170 (+52.3%), from -€53,889 to -€25,719
- Tax, wage and social debts +€8,256
up €8,256 (+2,882%), from €286 to €8,543
of which Taxes: +€5,856
- Trade debts +€3,764
up €3,764 (+248%), from €1,519 to €5,283
- Other debts -€2,797
down €2,797 (-100%), from €2,797 to €0
- Gross operating margin +€45,713
up €45,713, from -€14,835 to €30,878
- Financial charges -€37,634
down €37,634 (-99.6%), from €37,792 to €158
- Depreciation +€1,289
new in 2025: €1,289
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 | €31,316 | €68,709 | +€37,393 | +119% |
| Fixed assets | 21/28 | - | €6,764 | +€6,764 | |
| Tangible fixed assets | 22/27 | - | €6,764 | +€6,764 | |
| Furniture and vehicles | 24 | - | €6,764 | +€6,764 | |
| Current assets | 29/58 | €31,316 | €61,945 | +€30,629 | +97.8% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €522 | €10,330 | +€9,808 | +1,879% |
| Trade receivables | 40 | €0 | €7,944 | +€7,944 | |
| Other amounts receivable | 41 | €522 | €2,385 | +€1,863 | +357% |
| Cash at bank and in hand | 54/58 | €29,824 | €47,590 | +€17,766 | +59.6% |
| Deferred charges and accrued income | 490/1 | €970 | €4,026 | +€3,056 | +315% |
| Total equity and liabilities | 10/49 | €31,316 | €68,709 | +€37,393 | +119% |
| Equity | 10/15 | €26,713 | €54,883 | +€28,170 | +105% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €76,602 | €76,602 | = | 0.0% |
| Distributable reserves | 133 | €76,602 | €76,602 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,889 | -€25,719 | +€28,170 | +52.3% |
| Amounts payable | 17/49 | €4,603 | €13,826 | +€9,223 | +200% |
| Amounts payable within one year | 42/48 | €4,603 | €13,826 | +€9,223 | +200% |
| Trade debts | 44 | €1,519 | €5,283 | +€3,764 | +248% |
| Suppliers | 440/4 | €1,519 | €5,283 | +€3,764 | +248% |
| Taxes, remuneration and social security | 45 | €286 | €8,543 | +€8,256 | +2,882% |
| Taxes | 450/3 | €286 | €6,143 | +€5,856 | +2,044% |
| Remuneration and social security | 454/9 | €0 | €2,400 | +€2,400 | |
| Other amounts payable | 47/48 | €2,797 | €0 | -€2,797 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,289 | +€1,289 | |
| Other operating charges | 640/8 | €976 | €1,199 | +€223 | +22.9% |
| Gross operating margin | 9900 | -€14,835 | €30,878 | +€45,713 | |
| Operating profit (loss) | 9901 | -€15,811 | €28,390 | +€44,201 | |
| Financial income | 75/76B | - | €162 | +€162 | |
| Recurring financial income | 75 | - | €162 | +€162 | |
| Financial charges | 65/66B | €37,792 | €158 | -€37,634 | -99.6% |
| Recurring financial charges | 65 | €37,792 | €158 | -€37,634 | -99.6% |
| Profit (loss) for the period before taxes | 9903 | -€53,603 | €28,394 | +€81,997 | |
| Income taxes | 67/77 | €286 | €224 | -€63 | -21.9% |
| Profit (loss) for the period | 9904 | -€53,889 | €28,170 | +€82,060 | |
| Profit (loss) for the period to be appropriated | 9905 | -€53,889 | €28,170 | +€82,060 |
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 29 October 2026 via checked.be.