STEP ME UP: 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.
STEP ME UP
Largest movements
- Cash +€8,555
up €8,555 (+756%), from €1,131 to €9,686
mainly Net result for the year (+€13,442) and Depreciation (+€833)
- Receivables within one year +€5,031
up €5,031 (+82.2%), from €6,122 to €11,153
of which Trade receivables: +€7,606
- Tangible fixed assets -€833
down €833 (-67.0%), from €1,244 to €411
- Deferred charges and accrued income -€364
down €364 (-92.0%), from €396 to €32
- Profit (loss) carried forward +€13,071
no longer reported in 2025 (was -€13,071)
- Other debts -€703
down €703 (-4.2%), from €16,643 to €15,939
- Reserves +€371
new in 2025: €371
- Trade debts -€353
down €353 (-52.3%), from €676 to €323
- Gross operating margin +€23,625
up €23,625, from -€8,462 to €15,164
- Taxes +€210
up €210 (+151%), from €140 to €350
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.
Derived cash bridge
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 | €8,893 | €21,282 | +€12,388 | +139% |
| Fixed assets | 21/28 | €1,244 | €411 | -€833 | -67.0% |
| Tangible fixed assets | 22/27 | €1,244 | €411 | -€833 | -67.0% |
| Furniture and vehicles | 24 | €1,244 | €411 | -€833 | -67.0% |
| Current assets | 29/58 | €7,649 | €20,871 | +€13,222 | +173% |
| Amounts receivable within one year | 40/41 | €6,122 | €11,153 | +€5,031 | +82.2% |
| Trade receivables | 40 | €3,547 | €11,153 | +€7,606 | +214% |
| Other amounts receivable | 41 | €2,575 | - | -€2,575 | |
| Cash at bank and in hand | 54/58 | €1,131 | €9,686 | +€8,555 | +756% |
| Deferred charges and accrued income | 490/1 | €396 | €32 | -€364 | -92.0% |
| Total equity and liabilities | 10/49 | €8,893 | €21,282 | +€12,388 | +139% |
| Equity | 10/15 | -€10,571 | €2,871 | +€13,442 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €371 | +€371 | |
| Distributable reserves | 133 | - | €371 | +€371 | |
| Profit (loss) carried forward | 14 | -€13,071 | - | +€13,071 | |
| Amounts payable | 17/49 | €19,464 | €18,411 | -€1,053 | -5.4% |
| Amounts payable within one year | 42/48 | €19,464 | €18,411 | -€1,053 | -5.4% |
| Trade debts | 44 | €676 | €323 | -€353 | -52.3% |
| Suppliers | 440/4 | €676 | €323 | -€353 | -52.3% |
| Taxes, remuneration and social security | 45 | €2,145 | €2,149 | +€3 | +0.2% |
| Taxes | 450/3 | €345 | €2,149 | +€1,803 | +522% |
| Remuneration and social security | 454/9 | €1,800 | - | -€1,800 | |
| Other amounts payable | 47/48 | €16,643 | €15,939 | -€703 | -4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €833 | €833 | -€0 | 0.0% |
| Other operating charges | 640/8 | €509 | €515 | +€6 | +1.2% |
| Gross operating margin | 9900 | -€8,462 | €15,164 | +€23,625 | |
| Operating profit (loss) | 9901 | -€9,803 | €13,816 | +€23,619 | |
| Financial income | 75/76B | €17 | €19 | +€2 | +12.2% |
| Recurring financial income | 75 | €17 | €19 | +€2 | +12.2% |
| Financial charges | 65/66B | €23 | €44 | +€21 | +93.6% |
| Recurring financial charges | 65 | €23 | €44 | +€21 | +93.6% |
| Profit (loss) for the period before taxes | 9903 | -€9,809 | €13,791 | +€23,600 | |
| Income taxes | 67/77 | €140 | €350 | +€210 | +151% |
| Profit (loss) for the period | 9904 | -€9,948 | €13,442 | +€23,390 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,948 | €13,442 | +€23,390 |
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 19 October 2026 via checked.be.