Success Factory: 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.
Success Factory
Largest movements
- Cash -€26,770
down €26,770 (-24.6%), from €109,024 to €82,253
mainly Contributions, distributions and other (-€55,860) and Tax, wage and social debts (-€14,021)
- Receivables within one year -€3,467
down €3,467 (-7.0%), from €49,695 to €46,228
of which Trade receivables: -€4,501
- Tangible fixed assets -€3,239
down €3,239 (-33.7%), from €9,610 to €6,370
- Deferred charges and accrued income -€1,969
down €1,969 (-100%), from €1,969 to €0
- Tax, wage and social debts -€14,021
down €14,021 (-32.1%), from €43,695 to €29,674
of which Taxes: -€11,521
- Other debts -€11,744
down €11,744 (-12.0%), from €97,608 to €85,864
- Trade debts -€9,680
down €9,680 (-93.1%), from €10,395 to €714
- Gross operating margin +€2,709
up €2,709 (+3.5%), from €76,391 to €79,100
- Taxes -€933
down €933 (-5.8%), from €16,084 to €15,151
- Other operating charges -€900
down €900 (-45.1%), from €1,996 to €1,096
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 | €170,298 | €134,852 | -€35,446 | -20.8% |
| Fixed assets | 21/28 | €9,610 | €6,370 | -€3,239 | -33.7% |
| Tangible fixed assets | 22/27 | €9,610 | €6,370 | -€3,239 | -33.7% |
| Furniture and vehicles | 24 | €9,610 | €6,370 | -€3,239 | -33.7% |
| Current assets | 29/58 | €160,688 | €128,481 | -€32,206 | -20.0% |
| Amounts receivable within one year | 40/41 | €49,695 | €46,228 | -€3,467 | -7.0% |
| Trade receivables | 40 | €49,695 | €45,194 | -€4,501 | -9.1% |
| Other amounts receivable | 41 | €0 | €1,035 | +€1,035 | |
| Cash at bank and in hand | 54/58 | €109,024 | €82,253 | -€26,770 | -24.6% |
| Deferred charges and accrued income | 490/1 | €1,969 | €0 | -€1,969 | -100% |
| Total equity and liabilities | 10/49 | €170,298 | €134,852 | -€35,446 | -20.8% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €151,698 | €116,252 | -€35,446 | -23.4% |
| Amounts payable within one year | 42/48 | €151,698 | €116,252 | -€35,446 | -23.4% |
| Trade debts | 44 | €10,395 | €714 | -€9,680 | -93.1% |
| Suppliers | 440/4 | €10,395 | €714 | -€9,680 | -93.1% |
| Taxes, remuneration and social security | 45 | €43,695 | €29,674 | -€14,021 | -32.1% |
| Taxes | 450/3 | €41,195 | €29,674 | -€11,521 | -28.0% |
| Remuneration and social security | 454/9 | €2,500 | €0 | -€2,500 | -100% |
| Other amounts payable | 47/48 | €97,608 | €85,864 | -€11,744 | -12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,705 | €6,123 | +€417 | +7.3% |
| Other operating charges | 640/8 | €1,996 | €1,096 | -€900 | -45.1% |
| Gross operating margin | 9900 | €76,391 | €79,100 | +€2,709 | +3.5% |
| Operating profit (loss) | 9901 | €68,690 | €71,881 | +€3,191 | +4.6% |
| Financial income | 75/76B | €15 | €0 | -€15 | -99.9% |
| Recurring financial income | 75 | €15 | €0 | -€15 | -99.9% |
| Financial charges | 65/66B | €485 | €870 | +€386 | +79.5% |
| Recurring financial charges | 65 | €485 | €870 | +€386 | +79.5% |
| Profit (loss) for the period before taxes | 9903 | €68,221 | €71,011 | +€2,790 | +4.1% |
| Income taxes | 67/77 | €16,084 | €15,151 | -€933 | -5.8% |
| Profit (loss) for the period | 9904 | €52,137 | €55,860 | +€3,723 | +7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €52,137 | €55,860 | +€3,723 | +7.1% |
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 27 October 2026 via checked.be.