STEP2+: 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.
STEP2+
Largest movements
- Cash +€30,029
up €30,029 (+711%), from €4,226 to €34,256
mainly Net result for the year (+€25,031) and Accrued charges and deferred income (+€8,208)
- Receivables within one year +€12,814
up €12,814 (+70.9%), from €18,086 to €30,900
of which Other amounts receivable: +€6,679
- Tangible fixed assets -€3,084
down €3,084 (-17.6%), from €17,518 to €14,435
of which Furniture and vehicles: -€2,156
- Deferred charges and accrued income -€1,005
down €1,005 (-37.8%), from €2,661 to €1,656
- Profit (loss) carried forward +€25,031
up €25,031 (+74.1%), from -€33,782 to -€8,751
- Accrued charges and deferred income +€8,208
up €8,208 (+19,869%), from €41 to €8,249
- Trade debts +€5,443
up €5,443 (+48.0%), from €11,344 to €16,787
- Gross operating margin +€36,030
up €36,030, from -€3,262 to €32,768
- Taxes +€1,830
up €1,830 (+373%), from €490 to €2,321
- Depreciation -€384
down €384 (-7.9%), from €4,850 to €4,466
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 | €59,891 | €98,646 | +€38,755 | +64.7% |
| Fixed assets | 21/28 | €19,918 | €16,835 | -€3,084 | -15.5% |
| Tangible fixed assets | 22/27 | €17,518 | €14,435 | -€3,084 | -17.6% |
| Furniture and vehicles | 24 | €13,808 | €11,652 | -€2,156 | -15.6% |
| Other tangible fixed assets | 26 | €3,710 | €2,783 | -€928 | -25.0% |
| Financial fixed assets | 28 | €2,400 | €2,400 | = | 0.0% |
| Current assets | 29/58 | €39,973 | €81,812 | +€41,839 | +105% |
| Amounts receivable after more than one year | 29 | €15,000 | €15,000 | = | 0.0% |
| Other amounts receivable | 291 | €15,000 | €15,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €18,086 | €30,900 | +€12,814 | +70.9% |
| Trade receivables | 40 | €18,086 | €24,221 | +€6,135 | +33.9% |
| Other amounts receivable | 41 | - | €6,679 | +€6,679 | |
| Cash at bank and in hand | 54/58 | €4,226 | €34,256 | +€30,029 | +711% |
| Deferred charges and accrued income | 490/1 | €2,661 | €1,656 | -€1,005 | -37.8% |
| Total equity and liabilities | 10/49 | €59,891 | €98,646 | +€38,755 | +64.7% |
| Equity | 10/15 | €31,220 | €56,251 | +€25,031 | +80.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €46,402 | €46,402 | = | 0.0% |
| Distributable reserves | 133 | €46,402 | €46,402 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,782 | -€8,751 | +€25,031 | +74.1% |
| Amounts payable | 17/49 | €28,671 | €42,395 | +€13,724 | +47.9% |
| Amounts payable within one year | 42/48 | €28,630 | €34,146 | +€5,517 | +19.3% |
| Trade debts | 44 | €11,344 | €16,787 | +€5,443 | +48.0% |
| Suppliers | 440/4 | €11,344 | €16,787 | +€5,443 | +48.0% |
| Taxes, remuneration and social security | 45 | €7,919 | €8,232 | +€313 | +4.0% |
| Taxes | 450/3 | €7,919 | €5,707 | -€2,212 | -27.9% |
| Remuneration and social security | 454/9 | - | €2,525 | +€2,525 | |
| Other amounts payable | 47/48 | €9,366 | €9,127 | -€239 | -2.6% |
| Accrued charges and deferred income | 492/3 | €41 | €8,249 | +€8,208 | +19,869% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,850 | €4,466 | -€384 | -7.9% |
| Other operating charges | 640/8 | €1,370 | €1,294 | -€76 | -5.5% |
| Gross operating margin | 9900 | -€3,262 | €32,768 | +€36,030 | |
| Operating profit (loss) | 9901 | -€9,482 | €27,008 | +€36,489 | |
| Financial income | 75/76B | €444 | €623 | +€179 | +40.3% |
| Recurring financial income | 75 | €444 | €623 | +€179 | +40.3% |
| Financial charges | 65/66B | €200 | €280 | +€80 | +39.9% |
| Recurring financial charges | 65 | €200 | €280 | +€80 | +39.9% |
| Profit (loss) for the period before taxes | 9903 | -€9,237 | €27,351 | +€36,589 | |
| Income taxes | 67/77 | €490 | €2,321 | +€1,830 | +373% |
| Profit (loss) for the period | 9904 | -€9,728 | €25,031 | +€34,758 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,728 | €25,031 | +€34,758 |
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 13 October 2026 via checked.be.