SmallSteps: 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.
SmallSteps
Largest movements
- Cash +€50,577
up €50,577 (+40.8%), from €124,035 to €174,612
mainly Net result for the year (+€57,732) and Depreciation (+€16,889)
- Tangible fixed assets -€14,547
down €14,547 (-20.8%), from €69,867 to €55,320
of which Furniture and vehicles: -€14,610
- Reserves +€57,732
up €57,732 (+51.7%), from €111,760 to €169,492
- Other debts -€23,690
down €23,690 (-21.2%), from €111,725 to €88,034
- Trade debts +€3,632
up €3,632 (+349.3%), from €1,040 to €4,672
- Gross operating margin -€10,849
down €10,849 (-10.0%), from €108,584 to €97,735
- Depreciation +€4,601
up €4,601 (+37.4%), from €12,288 to €16,889
- Taxes -€3,740
down €3,740 (-14.4%), from €25,940 to €22,199
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 | €239,417 | €277,301 | +€37,884 | +15.8% |
| Fixed assets | 21/28 | €69,867 | €55,320 | -€14,547 | -20.8% |
| Tangible fixed assets | 22/27 | €69,867 | €55,320 | -€14,547 | -20.8% |
| Plant, machinery and equipment | 23 | €7,455 | €7,518 | +€63 | +0.8% |
| Furniture and vehicles | 24 | €62,412 | €47,802 | -€14,610 | -23.4% |
| Current assets | 29/58 | €169,551 | €221,981 | +€52,431 | +30.9% |
| Amounts receivable within one year | 40/41 | €28,852 | €28,340 | -€512 | -1.8% |
| Trade receivables | 40 | €21,538 | €21,538 | = | 0.0% |
| Other amounts receivable | 41 | €7,314 | €6,802 | -€512 | -7.0% |
| Cash at bank and in hand | 54/58 | €124,035 | €174,612 | +€50,577 | +40.8% |
| Deferred charges and accrued income | 490/1 | €16,664 | €19,029 | +€2,365 | +14.2% |
| Total equity and liabilities | 10/49 | €239,417 | €277,301 | +€37,884 | +15.8% |
| Equity | 10/15 | €117,960 | €175,692 | +€57,732 | +48.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €111,760 | €169,492 | +€57,732 | +51.7% |
| Distributable reserves | 133 | €111,760 | €169,492 | +€57,732 | +51.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €121,458 | €101,609 | -€19,849 | -16.3% |
| Amounts payable within one year | 42/48 | €121,237 | €101,609 | -€19,628 | -16.2% |
| Trade debts | 44 | €1,040 | €4,672 | +€3,632 | +349.3% |
| Suppliers | 440/4 | €1,040 | €4,672 | +€3,632 | +349.3% |
| Taxes, remuneration and social security | 45 | €8,472 | €8,902 | +€430 | +5.1% |
| Taxes | 450/3 | €8,472 | €8,902 | +€430 | +5.1% |
| Other amounts payable | 47/48 | €111,725 | €88,034 | -€23,690 | -21.2% |
| Accrued charges and deferred income | 492/3 | €221 | €0 | -€221 | -100.0% |
| Non-recurring operating income | 76A | €8,118 | €0 | -€8,118 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,288 | €16,889 | +€4,601 | +37.4% |
| Other operating charges | 640/8 | €242 | €590 | +€349 | +144.2% |
| Gross operating margin | 9900 | €108,584 | €97,735 | -€10,849 | -10.0% |
| Operating profit (loss) | 9901 | €96,055 | €80,256 | -€15,799 | -16.4% |
| Financial income | 75/76B | €82 | €75 | -€7 | -8.0% |
| Recurring financial income | 75 | €82 | €75 | -€7 | -8.0% |
| Financial charges | 65/66B | €380 | €399 | +€19 | +5.1% |
| Recurring financial charges | 65 | €380 | €399 | +€19 | +5.1% |
| Profit (loss) for the period before taxes | 9903 | €95,757 | €79,932 | -€15,825 | -16.5% |
| Income taxes | 67/77 | €25,940 | €22,199 | -€3,740 | -14.4% |
| Profit (loss) for the period | 9904 | €69,817 | €57,732 | -€12,085 | -17.3% |
| Profit (loss) for the period to be appropriated | 9905 | €69,817 | €57,732 | -€12,085 | -17.3% |
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 12 October 2026 via checked.be.