SHARING INSIGHTS: 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.
SHARING INSIGHTS
Largest movements
- Current investments +€910,000
new in 2025: €910,000
- Receivables within one year -€335,660
down €335,660 (-89.8%), from €373,967 to €38,307
of which Other amounts receivable: -€333,526
- Cash -€187,493
down €187,493 (-88.9%), from €210,966 to €23,473
mainly Current investments (-€910,000) and Contributions, distributions and other (-€353,897)
- Tangible fixed assets -€23,914
down €23,914 (-9.5%), from €250,632 to €226,718
of which Furniture and vehicles: -€19,931
- Other debts +€272,459
up €272,459 (+494.7%), from €55,076 to €327,535
- Tax, wage and social debts +€63,540
up €63,540 (+265.9%), from €23,896 to €87,436
- Trade debts +€27,581
up €27,581 (+2759.2%), from €1,000 to €28,580
- Gross operating margin +€223,068
up €223,068 (+85.0%), from €262,431 to €485,499
- Taxes +€55,547
up €55,547 (+98.3%), from €56,521 to €112,068
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 | €837,181 | €1,200,761 | +€363,579 | +43.4% |
| Fixed assets | 21/28 | €250,632 | €226,718 | -€23,914 | -9.5% |
| Tangible fixed assets | 22/27 | €250,632 | €226,718 | -€23,914 | -9.5% |
| Land and buildings | 22 | €165,100 | €161,117 | -€3,983 | -2.4% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €85,532 | €65,601 | -€19,931 | -23.3% |
| Current assets | 29/58 | €586,549 | €974,043 | +€387,493 | +66.1% |
| Amounts receivable within one year | 40/41 | €373,967 | €38,307 | -€335,660 | -89.8% |
| Trade receivables | 40 | €33,578 | €31,444 | -€2,134 | -6.4% |
| Other amounts receivable | 41 | €340,389 | €6,863 | -€333,526 | -98.0% |
| Current investments | 50/53 | - | €910,000 | +€910,000 | |
| Cash at bank and in hand | 54/58 | €210,966 | €23,473 | -€187,493 | -88.9% |
| Deferred charges and accrued income | 490/1 | €1,616 | €2,263 | +€647 | +40.0% |
| Total equity and liabilities | 10/49 | €837,181 | €1,200,761 | +€363,579 | +43.4% |
| Equity | 10/15 | €757,209 | €757,209 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €738,609 | €738,609 | = | 0.0% |
| Amounts payable | 17/49 | €79,972 | €443,552 | +€363,579 | +454.6% |
| Amounts payable within one year | 42/48 | €79,972 | €443,552 | +€363,579 | +454.6% |
| Trade debts | 44 | €1,000 | €28,580 | +€27,581 | +2759.2% |
| Suppliers | 440/4 | €1,000 | €28,580 | +€27,581 | +2759.2% |
| Taxes, remuneration and social security | 45 | €23,896 | €87,436 | +€63,540 | +265.9% |
| Taxes | 450/3 | €23,896 | €87,436 | +€63,540 | +265.9% |
| Other amounts payable | 47/48 | €55,076 | €327,535 | +€272,459 | +494.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,914 | €23,914 | = | 0.0% |
| Other operating charges | 640/8 | €528 | €1,718 | +€1,190 | +225.5% |
| Gross operating margin | 9900 | €262,431 | €485,499 | +€223,068 | +85.0% |
| Operating profit (loss) | 9901 | €237,989 | €459,867 | +€221,878 | +93.2% |
| Financial income | 75/76B | €6,135 | €6,439 | +€304 | +4.9% |
| Recurring financial income | 75 | €6,135 | €6,439 | +€304 | +4.9% |
| Financial charges | 65/66B | €320 | €340 | +€21 | +6.5% |
| Recurring financial charges | 65 | €320 | €340 | +€21 | +6.5% |
| Profit (loss) for the period before taxes | 9903 | €243,805 | €465,966 | +€222,161 | +91.1% |
| Income taxes | 67/77 | €56,521 | €112,068 | +€55,547 | +98.3% |
| Profit (loss) for the period | 9904 | €187,284 | €353,897 | +€166,614 | +89.0% |
| Profit (loss) for the period to be appropriated | 9905 | €187,284 | €353,897 | +€166,614 | +89.0% |
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 9 October 2026 via checked.be.