Structuristic: 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.
Structuristic
Largest movements
- Cash +€49,171
up €49,171 (+43.6%), from €112,741 to €161,912
mainly Net result for the year (+€83,684) and Depreciation (+€7,802)
- Tangible fixed assets +€9,633
up €9,633 (+34.2%), from €28,201 to €37,834
of which Furniture and vehicles: +€13,649
- Reserves +€58,655
up €58,655 (+33.4%), from €175,499 to €234,154
- Trade debts -€2,963
down €2,963 (-61.6%), from €4,810 to €1,847
- Depreciation +€2,606
up €2,606 (+50.1%), from €5,196 to €7,802
- Gross operating margin +€1,376
up €1,376 (+1.2%), from €112,380 to €113,756
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 | €187,273 | €244,316 | +€57,043 | +30.5% |
| Fixed assets | 21/28 | €28,351 | €37,984 | +€9,633 | +34.0% |
| Tangible fixed assets | 22/27 | €28,201 | €37,834 | +€9,633 | +34.2% |
| Furniture and vehicles | 24 | €2,951 | €16,600 | +€13,649 | +462.5% |
| Other tangible fixed assets | 26 | €25,250 | €21,233 | -€4,017 | -15.9% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €158,922 | €206,332 | +€47,411 | +29.8% |
| Amounts receivable within one year | 40/41 | €43,150 | €41,024 | -€2,126 | -4.9% |
| Trade receivables | 40 | €36,532 | €30,684 | -€5,848 | -16.0% |
| Other amounts receivable | 41 | €6,618 | €10,340 | +€3,722 | +56.2% |
| Cash at bank and in hand | 54/58 | €112,741 | €161,912 | +€49,171 | +43.6% |
| Deferred charges and accrued income | 490/1 | €3,030 | €3,396 | +€366 | +12.1% |
| Total equity and liabilities | 10/49 | €187,273 | €244,316 | +€57,043 | +30.5% |
| Equity | 10/15 | €176,499 | €235,154 | +€58,655 | +33.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €175,499 | €234,154 | +€58,655 | +33.4% |
| Distributable reserves | 133 | €175,499 | €234,154 | +€58,655 | +33.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €10,774 | €9,162 | -€1,611 | -15.0% |
| Amounts payable within one year | 42/48 | €10,774 | €9,162 | -€1,611 | -15.0% |
| Trade debts | 44 | €4,810 | €1,847 | -€2,963 | -61.6% |
| Suppliers | 440/4 | €4,810 | €1,847 | -€2,963 | -61.6% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €5,113 | €5,141 | +€28 | +0.6% |
| Taxes | 450/3 | €5,113 | €5,141 | +€28 | +0.6% |
| Other amounts payable | 47/48 | €851 | €2,174 | +€1,324 | +155.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,196 | €7,802 | +€2,606 | +50.1% |
| Other operating charges | 640/8 | €495 | €511 | +€15 | +3.1% |
| Gross operating margin | 9900 | €112,380 | €113,756 | +€1,376 | +1.2% |
| Operating profit (loss) | 9901 | €106,688 | €105,443 | -€1,245 | -1.2% |
| Financial income | 75/76B | €7 | €0 | -€7 | -100.0% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -100.0% |
| Financial charges | 65/66B | €532 | €319 | -€212 | -39.9% |
| Recurring financial charges | 65 | €532 | €319 | -€212 | -39.9% |
| Profit (loss) for the period before taxes | 9903 | €106,164 | €105,124 | -€1,040 | -1.0% |
| Income taxes | 67/77 | €21,993 | €21,440 | -€553 | -2.5% |
| Profit (loss) for the period | 9904 | €84,171 | €83,684 | -€487 | -0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €84,171 | €83,684 | -€487 | -0.6% |
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.