Setor: what changed
Two fiscal 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.
Setor
Largest movements
- Receivables within one year +€23,000
up €23,000 (+242.1%), from €9,500 to €32,500
- Cash +€2,217
up €2,217 (+6.9%), from €31,978 to €34,195
mainly Net result for the year (+€26,479) and Tax, wage and social debts (+€3,880)
- Reserves +€39,600
up €39,600 (+652.2%), from €6,072 to €45,672
- Profit (loss) carried forward -€13,121
down €13,121 (-99.7%), from €13,156 to €35
- Tax, wage and social debts +€3,880
up €3,880 (+59.4%), from €6,530 to €10,410
of which Remuneration and social security: +€2,200
- Other debts -€3,024
down €3,024 (-98.6%), from €3,067 to €43
- Trade debts -€2,211
down €2,211 (-68.9%), from €3,211 to €1,000
- Gross operating margin +€26,612
up €26,612 (+298.8%), from €8,906 to €35,518
- Taxes +€5,390
up €5,390 (+356.4%), from €1,512 to €6,902
- Other operating charges +€460
up €460 (+98.6%), from €467 to €927
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.
Cash bridge derived
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 | €43,036 | €68,160 | +€25,124 | +58.4% |
| Fixed assets | 21/28 | €941 | €960 | +€20 | +2.1% |
| Tangible fixed assets | 22/27 | €941 | €960 | +€20 | +2.1% |
| Plant, machinery and equipment | 23 | - | €824 | +€824 | |
| Furniture and vehicles | 24 | €941 | €137 | -€804 | -85.5% |
| Current assets | 29/58 | €42,096 | €67,200 | +€25,104 | +59.6% |
| Amounts receivable within one year | 40/41 | €9,500 | €32,500 | +€23,000 | +242.1% |
| Trade receivables | 40 | €9,500 | €32,500 | +€23,000 | +242.1% |
| Cash at bank and in hand | 54/58 | €31,978 | €34,195 | +€2,217 | +6.9% |
| Deferred charges and accrued income | 490/1 | €618 | €505 | -€113 | -18.2% |
| Total equity and liabilities | 10/49 | €43,036 | €68,160 | +€25,124 | +58.4% |
| Equity | 10/15 | €20,228 | €46,707 | +€26,479 | +130.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €6,072 | €45,672 | +€39,600 | +652.2% |
| Distributable reserves | 133 | €6,072 | €45,672 | +€39,600 | +652.2% |
| Profit (loss) carried forward | 14 | €13,156 | €35 | -€13,121 | -99.7% |
| Amounts payable | 17/49 | €22,808 | €21,453 | -€1,355 | -5.9% |
| Amounts payable after more than one year | 17 | €10,000 | €10,000 | = | 0.0% |
| Financial debts | 170/4 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €12,808 | €11,453 | -€1,355 | -10.6% |
| Trade debts | 44 | €3,211 | €1,000 | -€2,211 | -68.9% |
| Suppliers | 440/4 | €3,211 | €1,000 | -€2,211 | -68.9% |
| Taxes, remuneration and social security | 45 | €6,530 | €10,410 | +€3,880 | +59.4% |
| Taxes | 450/3 | €6,530 | €8,210 | +€1,680 | +25.7% |
| Remuneration and social security | 454/9 | - | €2,200 | +€2,200 | |
| Other amounts payable | 47/48 | €3,067 | €43 | -€3,024 | -98.6% |
| Non-recurring operating income | 76A | - | €9,017 | +€9,017 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €578 | €896 | +€318 | +55.0% |
| Other operating charges | 640/8 | €467 | €927 | +€460 | +98.6% |
| Gross operating margin | 9900 | €8,906 | €35,518 | +€26,612 | +298.8% |
| Operating profit (loss) | 9901 | €7,861 | €33,694 | +€25,833 | +328.6% |
| Financial charges | 65/66B | €630 | €313 | -€317 | -50.3% |
| Recurring financial charges | 65 | €630 | €313 | -€317 | -50.3% |
| Profit (loss) for the period before taxes | 9903 | €7,231 | €33,381 | +€26,150 | +361.7% |
| Income taxes | 67/77 | €1,512 | €6,902 | +€5,390 | +356.4% |
| Profit (loss) for the period | 9904 | €5,718 | €26,479 | +€20,761 | +363.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,718 | €26,479 | +€20,761 | +363.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.