SS2: 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.
SS2
Largest movements
- Cash +€20,610
up €20,610 (+31.1%), from €66,345 to €86,955
mainly Net result for the year (+€14,425) and Depreciation (+€9,259)
- Receivables within one year +€15,793
up €15,793 (+91.0%), from €17,360 to €33,153
of which Trade receivables: +€24,843
- Tangible fixed assets -€9,259
down €9,259 (-29.1%), from €31,797 to €22,538
- Profit (loss) carried forward +€14,425
up €14,425 (+18.5%), from €78,040 to €92,465
- Other debts +€4,897
up €4,897 (+102.9%), from €4,761 to €9,659
- Trade debts +€4,137
up €4,137 (+239.7%), from €1,726 to €5,863
- Tax, wage and social debts +€3,684
up €3,684 (+19.1%), from €19,305 to €22,988
of which Remuneration and social security: +€3,728
- Gross operating margin -€22,282
down €22,282 (-37.8%), from €58,949 to €36,667
- Staff costs -€8,300
down €8,300 (-55.6%), from €14,917 to €6,617
- Taxes -€3,151
down €3,151 (-42.9%), from €7,339 to €4,188
- Other operating charges +€1,762
up €1,762 (+672.2%), from €262 to €2,024
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 | €115,832 | €142,976 | +€27,144 | +23.4% |
| Fixed assets | 21/28 | €32,127 | €22,868 | -€9,259 | -28.8% |
| Tangible fixed assets | 22/27 | €31,797 | €22,538 | -€9,259 | -29.1% |
| Furniture and vehicles | 24 | €31,797 | €22,538 | -€9,259 | -29.1% |
| Financial fixed assets | 28 | €330 | €330 | = | 0.0% |
| Current assets | 29/58 | €83,705 | €120,108 | +€36,403 | +43.5% |
| Amounts receivable within one year | 40/41 | €17,360 | €33,153 | +€15,793 | +91.0% |
| Trade receivables | 40 | €5,000 | €29,843 | +€24,843 | +496.9% |
| Other amounts receivable | 41 | €12,360 | €3,310 | -€9,050 | -73.2% |
| Cash at bank and in hand | 54/58 | €66,345 | €86,955 | +€20,610 | +31.1% |
| Total equity and liabilities | 10/49 | €115,832 | €142,976 | +€27,144 | +23.4% |
| Equity | 10/15 | €90,040 | €104,465 | +€14,425 | +16.0% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €78,040 | €92,465 | +€14,425 | +18.5% |
| Amounts payable | 17/49 | €25,792 | €38,511 | +€12,718 | +49.3% |
| Amounts payable within one year | 42/48 | €25,792 | €38,511 | +€12,718 | +49.3% |
| Trade debts | 44 | €1,726 | €5,863 | +€4,137 | +239.7% |
| Suppliers | 440/4 | €1,726 | €5,863 | +€4,137 | +239.7% |
| Taxes, remuneration and social security | 45 | €19,305 | €22,988 | +€3,684 | +19.1% |
| Taxes | 450/3 | €12,432 | €12,388 | -€45 | -0.4% |
| Remuneration and social security | 454/9 | €6,872 | €10,601 | +€3,728 | +54.3% |
| Other amounts payable | 47/48 | €4,761 | €9,659 | +€4,897 | +102.9% |
| Remuneration, social security and pensions | 62 | €14,917 | €6,617 | -€8,300 | -55.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,259 | €9,259 | = | 0.0% |
| Other operating charges | 640/8 | €262 | €2,024 | +€1,762 | +672.2% |
| Gross operating margin | 9900 | €58,949 | €36,667 | -€22,282 | -37.8% |
| Operating profit (loss) | 9901 | €34,510 | €18,766 | -€15,744 | -45.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €140 | €153 | +€12 | +8.9% |
| Recurring financial charges | 65 | €140 | €153 | +€12 | +8.9% |
| Profit (loss) for the period before taxes | 9903 | €34,370 | €18,614 | -€15,756 | -45.8% |
| Income taxes | 67/77 | €7,339 | €4,188 | -€3,151 | -42.9% |
| Profit (loss) for the period | 9904 | €27,030 | €14,425 | -€12,605 | -46.6% |
| Profit (loss) for the period to be appropriated | 9905 | €27,030 | €14,425 | -€12,605 | -46.6% |
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.