sourceye: 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.
sourceye
Largest movements
- Cash +€31,863
up €31,863 (+95.7%), from €33,312 to €65,175
mainly Net result for the year (+€39,440) and Depreciation (+€2,059)
- Tangible fixed assets +€4,580
up €4,580 (+254.6%), from €1,799 to €6,379
- Receivables within one year +€2,662
up €2,662 (+40.0%), from €6,655 to €9,317
of which Trade receivables: +€2,662
- Reserves +€39,440
up €39,440 (+118.3%), from €33,352 to €72,793
- Tax, wage and social debts -€971
down €971 (-17.4%), from €5,591 to €4,621
- Gross operating margin +€7,289
up €7,289 (+16.3%), from €44,683 to €51,972
- Taxes +€1,398
up €1,398 (+15.8%), from €8,823 to €10,220
- Depreciation +€839
up €839 (+68.8%), from €1,220 to €2,059
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 | €42,858 | €81,649 | +€38,791 | +90.5% |
| Formation expenses | 20 | €786 | €354 | -€432 | -54.9% |
| Fixed assets | 21/28 | €1,799 | €6,379 | +€4,580 | +254.6% |
| Tangible fixed assets | 22/27 | €1,799 | €6,379 | +€4,580 | +254.6% |
| Furniture and vehicles | 24 | €1,799 | €6,379 | +€4,580 | +254.6% |
| Current assets | 29/58 | €40,273 | €74,916 | +€34,643 | +86.0% |
| Amounts receivable within one year | 40/41 | €6,655 | €9,317 | +€2,662 | +40.0% |
| Trade receivables | 40 | €6,655 | €9,317 | +€2,662 | +40.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €33,312 | €65,175 | +€31,863 | +95.7% |
| Deferred charges and accrued income | 490/1 | €306 | €423 | +€117 | +38.4% |
| Total equity and liabilities | 10/49 | €42,858 | €81,649 | +€38,791 | +90.5% |
| Equity | 10/15 | €36,352 | €75,793 | +€39,440 | +108.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €33,352 | €72,793 | +€39,440 | +118.3% |
| Distributable reserves | 133 | €33,352 | €72,793 | +€39,440 | +118.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €6,506 | €5,856 | -€649 | -10.0% |
| Amounts payable within one year | 42/48 | €6,506 | €5,856 | -€649 | -10.0% |
| Trade debts | 44 | €175 | €562 | +€387 | +221.5% |
| Suppliers | 440/4 | €175 | €562 | +€387 | +221.5% |
| Taxes, remuneration and social security | 45 | €5,591 | €4,621 | -€971 | -17.4% |
| Taxes | 450/3 | €5,591 | €4,621 | -€971 | -17.4% |
| Other amounts payable | 47/48 | €739 | €674 | -€66 | -8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,220 | €2,059 | +€839 | +68.8% |
| Other operating charges | 640/8 | - | €144 | +€144 | |
| Gross operating margin | 9900 | €44,683 | €51,972 | +€7,289 | +16.3% |
| Operating profit (loss) | 9901 | €43,463 | €49,769 | +€6,306 | +14.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €10 | €109 | +€99 | +988.6% |
| Recurring financial charges | 65 | €10 | €109 | +€99 | +988.6% |
| Profit (loss) for the period before taxes | 9903 | €43,453 | €49,661 | +€6,208 | +14.3% |
| Income taxes | 67/77 | €8,823 | €10,220 | +€1,398 | +15.8% |
| Profit (loss) for the period | 9904 | €34,630 | €39,440 | +€4,810 | +13.9% |
| Profit (loss) for the period to be appropriated | 9905 | €34,630 | €39,440 | +€4,810 | +13.9% |
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 11 October 2026 via checked.be.