SPRAAKMAKER: 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.
SPRAAKMAKER
Largest movements
- Cash +€26,174
up €26,174 (+22.3%), from €117,481 to €143,655
mainly Net result for the year (+€38,482) and Trade debts (+€10,027)
- Receivables within one year +€23,381
up €23,381 (+31.6%), from €74,026 to €97,407
of which Trade receivables: +€15,459
- Current investments +€9,028
up €9,028 (+5.1%), from €177,668 to €186,696
- Tangible fixed assets -€5,634
down €5,634 (-84.7%), from €6,650 to €1,015
- Reserves +€38,482
up €38,482 (+12.8%), from €300,559 to €339,042
- Trade debts +€10,027
up €10,027 (+40.9%), from €24,537 to €34,564
- Financial income -€50,512
down €50,512 (-95.6%), from €52,846 to €2,334
- Gross operating margin +€13,439
up €13,439 (+26.9%), from €49,895 to €63,334
- Taxes -€11,805
down €11,805 (-38.2%), from €30,920 to €19,115
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 | €377,257 | €428,973 | +€51,716 | +13.7% |
| Fixed assets | 21/28 | €6,650 | €1,015 | -€5,634 | -84.7% |
| Tangible fixed assets | 22/27 | €6,650 | €1,015 | -€5,634 | -84.7% |
| Furniture and vehicles | 24 | €6,650 | €1,015 | -€5,634 | -84.7% |
| Current assets | 29/58 | €370,608 | €427,958 | +€57,350 | +15.5% |
| Amounts receivable within one year | 40/41 | €74,026 | €97,407 | +€23,381 | +31.6% |
| Trade receivables | 40 | €72,160 | €87,620 | +€15,459 | +21.4% |
| Other amounts receivable | 41 | €1,865 | €9,787 | +€7,922 | +424.7% |
| Current investments | 50/53 | €177,668 | €186,696 | +€9,028 | +5.1% |
| Cash at bank and in hand | 54/58 | €117,481 | €143,655 | +€26,174 | +22.3% |
| Deferred charges and accrued income | 490/1 | €1,433 | €200 | -€1,233 | -86.0% |
| Total equity and liabilities | 10/49 | €377,257 | €428,973 | +€51,716 | +13.7% |
| Equity | 10/15 | €319,159 | €357,642 | +€38,482 | +12.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €300,559 | €339,042 | +€38,482 | +12.8% |
| Distributable reserves | 133 | €300,559 | €339,042 | +€38,482 | +12.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €58,098 | €71,331 | +€13,233 | +22.8% |
| Amounts payable within one year | 42/48 | €58,098 | €71,331 | +€13,233 | +22.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €24,537 | €34,564 | +€10,027 | +40.9% |
| Suppliers | 440/4 | €24,537 | €34,564 | +€10,027 | +40.9% |
| Taxes, remuneration and social security | 45 | €9,941 | €14,139 | +€4,198 | +42.2% |
| Taxes | 450/3 | €9,941 | €14,139 | +€4,198 | +42.2% |
| Other amounts payable | 47/48 | €23,620 | €22,628 | -€991 | -4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,034 | €6,823 | -€211 | -3.0% |
| Other operating charges | 640/8 | €1,169 | €1,042 | -€127 | -10.9% |
| Gross operating margin | 9900 | €49,895 | €63,334 | +€13,439 | +26.9% |
| Operating profit (loss) | 9901 | €41,692 | €55,470 | +€13,778 | +33.0% |
| Financial income | 75/76B | €52,846 | €2,334 | -€50,512 | -95.6% |
| Recurring financial income | 75 | €52,846 | €2,334 | -€50,512 | -95.6% |
| Financial charges | 65/66B | €255 | €206 | -€48 | -19.0% |
| Recurring financial charges | 65 | €255 | €206 | -€48 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | €94,284 | €57,598 | -€36,686 | -38.9% |
| Income taxes | 67/77 | €30,920 | €19,115 | -€11,805 | -38.2% |
| Profit (loss) for the period | 9904 | €63,364 | €38,482 | -€24,882 | -39.3% |
| Profit (loss) for the period to be appropriated | 9905 | €63,364 | €38,482 | -€24,882 | -39.3% |
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 10 October 2026 via checked.be.