STACKED BRAINS: 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.
STACKED BRAINS
Largest movements
- Receivables within one year +€33,327
up €33,327 (+7005.1%), from €476 to €33,803
of which Trade receivables: +€33,803
- Cash +€2,421
up €2,421 (+86.1%), from €2,810 to €5,230
mainly Accrued charges and deferred income (+€29,005) and Tax, wage and social debts (+€5,975)
- Tangible fixed assets +€672
up €672 (+477.6%), from €141 to €813
- Accrued charges and deferred income +€29,005
new in 2025: €29,005
- Tax, wage and social debts +€5,975
new in 2025: €5,975
- Profit (loss) carried forward +€1,139
up €1,139 (+4.7%), from -€24,028 to -€22,889
- Gross operating margin +€6,967
up €6,967, from -€3,980 to €2,986
- Financial charges +€434
up €434 (+642.5%), from €68 to €501
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 | €3,426 | €40,122 | +€36,695 | +1071.0% |
| Fixed assets | 21/28 | €141 | €813 | +€672 | +477.6% |
| Tangible fixed assets | 22/27 | €141 | €813 | +€672 | +477.6% |
| Furniture and vehicles | 24 | €141 | €813 | +€672 | +477.6% |
| Current assets | 29/58 | €3,286 | €39,309 | +€36,023 | +1096.4% |
| Amounts receivable within one year | 40/41 | €476 | €33,803 | +€33,327 | +7005.1% |
| Trade receivables | 40 | - | €33,803 | +€33,803 | |
| Other amounts receivable | 41 | €476 | €0 | -€476 | -100.0% |
| Cash at bank and in hand | 54/58 | €2,810 | €5,230 | +€2,421 | +86.1% |
| Deferred charges and accrued income | 490/1 | - | €276 | +€276 | |
| Total equity and liabilities | 10/49 | €3,426 | €40,122 | +€36,695 | +1071.0% |
| Equity | 10/15 | -€17,828 | -€16,689 | +€1,139 | +6.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,028 | -€22,889 | +€1,139 | +4.7% |
| Amounts payable | 17/49 | €21,255 | €56,811 | +€35,556 | +167.3% |
| Amounts payable within one year | 42/48 | €21,255 | €27,806 | +€6,551 | +30.8% |
| Trade debts | 44 | €17 | €231 | +€214 | +1291.1% |
| Suppliers | 440/4 | €17 | €231 | +€214 | +1291.1% |
| Taxes, remuneration and social security | 45 | - | €5,975 | +€5,975 | |
| Taxes | 450/3 | - | €5,975 | +€5,975 | |
| Other amounts payable | 47/48 | €21,238 | €21,599 | +€361 | +1.7% |
| Accrued charges and deferred income | 492/3 | - | €29,005 | +€29,005 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €182 | €154 | -€27 | -15.0% |
| Other operating charges | 640/8 | €126 | €128 | +€2 | +1.6% |
| Gross operating margin | 9900 | -€3,980 | €2,986 | +€6,967 | |
| Operating profit (loss) | 9901 | -€4,288 | €2,704 | +€6,992 | |
| Financial charges | 65/66B | €68 | €501 | +€434 | +642.5% |
| Recurring financial charges | 65 | €68 | €501 | +€434 | +642.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,355 | €2,203 | +€6,558 | |
| Profit (loss) for the period | 9904 | -€4,355 | €2,203 | +€6,558 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,355 | €2,203 | +€6,558 |
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.