SHAPING WORLDS: 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.
SHAPING WORLDS
Largest movements
- Cash +€18,723
up €18,723 (+59.4%), from €31,516 to €50,239
mainly Net result for the year (+€25,296) and Other debts (+€18,105)
- Tangible fixed assets +€3,037
up €3,037 (+57.2%), from €5,312 to €8,349
of which Furniture and vehicles: +€3,522
- Receivables within one year +€2,253
up €2,253 (+17.0%), from €13,272 to €15,525
- Other debts +€18,105
up €18,105 (+2,930%), from €618 to €18,723
- Profit (loss) carried forward +€5,296
up €5,296 (+25.5%), from €20,741 to €26,037
- Tax, wage and social debts +€1,416
up €1,416 (+8.7%), from €16,290 to €17,706
- Gross operating margin +€22,327
up €22,327 (+163%), from €13,672 to €35,999
- Taxes +€6,138
up €6,138 (+480%), from €1,280 to €7,418
- Other operating charges -€1,006
down €1,006 (-96.6%), from €1,041 to €35
- Depreciation +€531
up €531 (+20.4%), from €2,603 to €3,134
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 | €60,100 | €84,113 | +€24,013 | +40.0% |
| Fixed assets | 21/28 | €15,312 | €18,349 | +€3,037 | +19.8% |
| Tangible fixed assets | 22/27 | €5,312 | €8,349 | +€3,037 | +57.2% |
| Plant, machinery and equipment | 23 | €1,401 | €916 | -€485 | -34.6% |
| Furniture and vehicles | 24 | €3,911 | €7,433 | +€3,522 | +90.1% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €44,788 | €65,764 | +€20,976 | +46.8% |
| Amounts receivable within one year | 40/41 | €13,272 | €15,525 | +€2,253 | +17.0% |
| Trade receivables | 40 | €13,272 | €15,525 | +€2,253 | +17.0% |
| Cash at bank and in hand | 54/58 | €31,516 | €50,239 | +€18,723 | +59.4% |
| Total equity and liabilities | 10/49 | €60,100 | €84,113 | +€24,013 | +40.0% |
| Equity | 10/15 | €41,201 | €46,497 | +€5,296 | +12.9% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Contributions outside capital | 11 | €20,460 | €20,460 | = | 0.0% |
| Other | 1109/19 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,741 | €26,037 | +€5,296 | +25.5% |
| Amounts payable | 17/49 | €18,899 | €37,616 | +€18,717 | +99.0% |
| Amounts payable within one year | 42/48 | €18,899 | €37,616 | +€18,717 | +99.0% |
| Trade debts | 44 | €1,991 | €1,187 | -€804 | -40.4% |
| Suppliers | 440/4 | €1,991 | €1,187 | -€804 | -40.4% |
| Taxes, remuneration and social security | 45 | €16,290 | €17,706 | +€1,416 | +8.7% |
| Taxes | 450/3 | €16,290 | €17,706 | +€1,416 | +8.7% |
| Other amounts payable | 47/48 | €618 | €18,723 | +€18,105 | +2,930% |
| Non-recurring operating income | 76A | €11,908 | - | -€11,908 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,603 | €3,134 | +€531 | +20.4% |
| Other operating charges | 640/8 | €1,041 | €35 | -€1,006 | -96.6% |
| Non-recurring operating charges | 66A | €434 | - | -€434 | |
| Gross operating margin | 9900 | €13,672 | €35,999 | +€22,327 | +163% |
| Operating profit (loss) | 9901 | €9,594 | €32,830 | +€23,236 | +242% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €291 | €117 | -€174 | -59.8% |
| Recurring financial charges | 65 | €291 | €117 | -€174 | -59.8% |
| Profit (loss) for the period before taxes | 9903 | €9,303 | €32,714 | +€23,411 | +252% |
| Income taxes | 67/77 | €1,280 | €7,418 | +€6,138 | +480% |
| Profit (loss) for the period | 9904 | €8,023 | €25,296 | +€17,273 | +215% |
| Profit (loss) for the period to be appropriated | 9905 | €8,023 | €25,296 | +€17,273 | +215% |
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 24 October 2026 via checked.be.