SLIDE 2000: 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.
SLIDE 2000
Largest movements
- Cash +€73,761
up €73,761 (+850.0%), from €8,678 to €82,439
mainly Current investments (+€65,324) and Net result for the year (+€12,006)
- Current investments -€65,324
no longer reported in 2025 (was €65,324)
- Receivables within one year +€2,454
up €2,454 (+27.6%), from €8,891 to €11,344
of which Trade receivables: +€2,421
- Tangible fixed assets +€1,394
up €1,394 (+14.3%), from €9,747 to €11,141
of which Furniture and vehicles: +€1,466
- Reserves +€12,116
up €12,116 (+44.3%), from €27,366 to €39,481
- Other debts -€6,121
down €6,121 (-68.2%), from €8,974 to €2,853
- Tax, wage and social debts +€5,486
up €5,486 (+84.7%), from €6,480 to €11,965
- Purchases and services +€47,739
new in 2025: €47,739
- Turnover +€24,307
new in 2025: €24,307
- Gross operating margin +€9,120
up €9,120 (+57.3%), from €15,917 to €25,037
- Taxes +€3,288
up €3,288 (+86.4%), from €3,804 to €7,091
- Depreciation -€695
down €695 (-30.0%), from €2,313 to €1,618
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 | €93,860 | €106,144 | +€12,284 | +13.1% |
| Fixed assets | 21/28 | €9,747 | €11,141 | +€1,394 | +14.3% |
| Tangible fixed assets | 22/27 | €9,747 | €11,141 | +€1,394 | +14.3% |
| Plant, machinery and equipment | 23 | €8,841 | €8,768 | -€72 | -0.8% |
| Furniture and vehicles | 24 | €907 | €2,372 | +€1,466 | +161.7% |
| Current assets | 29/58 | €84,112 | €95,003 | +€10,891 | +12.9% |
| Stocks and contracts in progress | 3 | €1,220 | €1,220 | = | 0.0% |
| Stocks | 30/36 | €1,220 | €1,220 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,891 | €11,344 | +€2,454 | +27.6% |
| Trade receivables | 40 | €8,794 | €11,215 | +€2,421 | +27.5% |
| Other amounts receivable | 41 | €97 | €129 | +€32 | +33.2% |
| Current investments | 50/53 | €65,324 | - | -€65,324 | |
| Cash at bank and in hand | 54/58 | €8,678 | €82,439 | +€73,761 | +850.0% |
| Total equity and liabilities | 10/49 | €93,860 | €106,144 | +€12,284 | +13.1% |
| Equity | 10/15 | €78,342 | €90,348 | +€12,006 | +15.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €27,366 | €39,481 | +€12,116 | +44.3% |
| Distributable reserves | 133 | €27,366 | €39,481 | +€12,116 | +44.3% |
| Profit (loss) carried forward | 14 | €32,376 | €32,267 | -€110 | -0.3% |
| Amounts payable | 17/49 | €15,518 | €15,796 | +€278 | +1.8% |
| Amounts payable within one year | 42/48 | €15,518 | €15,796 | +€278 | +1.8% |
| Trade debts | 44 | €65 | €978 | +€914 | +1415.7% |
| Suppliers | 440/4 | €65 | €978 | +€914 | +1415.7% |
| Taxes, remuneration and social security | 45 | €6,480 | €11,965 | +€5,486 | +84.7% |
| Taxes | 450/3 | €6,480 | €11,965 | +€5,486 | +84.7% |
| Other amounts payable | 47/48 | €8,974 | €2,853 | -€6,121 | -68.2% |
| Turnover | 70 | - | €24,307 | +€24,307 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €47,739 | +€47,739 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,313 | €1,618 | -€695 | -30.0% |
| Other operating charges | 640/8 | €4,945 | €5,033 | +€88 | +1.8% |
| Non-recurring operating charges | 66A | €22 | - | -€22 | |
| Gross operating margin | 9900 | €15,917 | €25,037 | +€9,120 | +57.3% |
| Operating profit (loss) | 9901 | €8,637 | €18,385 | +€9,748 | +112.9% |
| Financial income | 75/76B | €200 | €730 | +€530 | +265.3% |
| Recurring financial income | 75 | €200 | €730 | +€530 | +265.3% |
| Financial charges | 65/66B | €18 | €18 | = | 0.0% |
| Recurring financial charges | 65 | €18 | €18 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €8,819 | €19,098 | +€10,278 | +116.5% |
| Income taxes | 67/77 | €3,804 | €7,091 | +€3,288 | +86.4% |
| Profit (loss) for the period | 9904 | €5,016 | €12,006 | +€6,991 | +139.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,016 | €12,006 | +€6,991 | +139.4% |
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 4 October 2026 via checked.be.