Superlinear: 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.
Superlinear
Largest movements
- Deferred charges and accrued income -€166,992
down €166,992 (-60.8%), from €274,474 to €107,482
- Receivables within one year -€159,124
down €159,124 (-13.1%), from €1.2m to €1.1m
of which Trade receivables: -€379,325
- Intangible fixed assets +€137,548
up €137,548 (+11.2%), from €1.2m to €1.4m
- Cash -€90,160
down €90,160 (-12.3%), from €734,261 to €644,101
mainly Investment in fixed assets (net) (-€481,825) and Other debts (-€420,000)
- Tangible fixed assets -€37,534
down €37,534 (-27.3%), from €137,517 to €99,983
of which Furniture and vehicles: -€23,564
- Other debts -€420,000
no longer reported in 2025 (was €420,000)
- Accrued charges and deferred income +€413,604
up €413,604 (+606%), from €68,221 to €481,825
- Tax, wage and social debts -€311,568
down €311,568 (-39.1%), from €797,253 to €485,684
of which Remuneration and social security: -€283,872
- Gross operating margin -€659,265
down €659,265 (-16.8%), from €3.9m to €3.3m
- Staff costs -€223,346
down €223,346 (-7.4%), from €3.0m to €2.8m
- Depreciation +€138,779
up €138,779 (+56.5%), from €245,608 to €384,387
- Taxes -€134,002
down €134,002 (-85.5%), from €156,759 to €22,757
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 | €3,606,408 | €3,287,571 | -€318,837 | -8.8% |
| Fixed assets | 21/28 | €1,387,222 | €1,484,660 | +€97,438 | +7.0% |
| Intangible fixed assets | 21 | €1,231,814 | €1,369,362 | +€137,548 | +11.2% |
| Tangible fixed assets | 22/27 | €137,517 | €99,983 | -€37,534 | -27.3% |
| Furniture and vehicles | 24 | €38,803 | €15,239 | -€23,564 | -60.7% |
| Other tangible fixed assets | 26 | €98,715 | €84,744 | -€13,970 | -14.2% |
| Financial fixed assets | 28 | €17,891 | €15,315 | -€2,576 | -14.4% |
| Current assets | 29/58 | €2,219,186 | €1,802,911 | -€416,275 | -18.8% |
| Amounts receivable within one year | 40/41 | €1,210,451 | €1,051,327 | -€159,124 | -13.1% |
| Trade receivables | 40 | €1,139,981 | €760,656 | -€379,325 | -33.3% |
| Other amounts receivable | 41 | €70,470 | €290,671 | +€220,201 | +312% |
| Cash at bank and in hand | 54/58 | €734,261 | €644,101 | -€90,160 | -12.3% |
| Deferred charges and accrued income | 490/1 | €274,474 | €107,482 | -€166,992 | -60.8% |
| Total equity and liabilities | 10/49 | €3,606,408 | €3,287,571 | -€318,837 | -8.8% |
| Equity | 10/15 | €2,070,911 | €2,078,670 | +€7,758 | +0.4% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €2,064,611 | €2,072,370 | +€7,758 | +0.4% |
| Distributable reserves | 133 | €2,064,611 | €2,072,370 | +€7,758 | +0.4% |
| Amounts payable | 17/49 | €1,535,497 | €1,208,901 | -€326,596 | -21.3% |
| Amounts payable within one year | 42/48 | €1,467,277 | €727,077 | -€740,200 | -50.4% |
| Trade debts | 44 | €250,024 | €241,392 | -€8,631 | -3.5% |
| Suppliers | 440/4 | €250,024 | €241,392 | -€8,631 | -3.5% |
| Taxes, remuneration and social security | 45 | €797,253 | €485,684 | -€311,568 | -39.1% |
| Taxes | 450/3 | €225,402 | €197,705 | -€27,697 | -12.3% |
| Remuneration and social security | 454/9 | €571,851 | €287,979 | -€283,872 | -49.6% |
| Other amounts payable | 47/48 | €420,000 | - | -€420,000 | |
| Accrued charges and deferred income | 492/3 | €68,221 | €481,825 | +€413,604 | +606% |
| Non-recurring operating income | 76A | €13,666 | - | -€13,666 | |
| Remuneration, social security and pensions | 62 | €3,018,245 | €2,794,899 | -€223,346 | -7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €245,608 | €384,387 | +€138,779 | +56.5% |
| Other operating charges | 640/8 | €14,429 | €18,079 | +€3,651 | +25.3% |
| Non-recurring operating charges | 66A | €48,127 | €1,993 | -€46,134 | -95.9% |
| Gross operating margin | 9900 | €3,918,202 | €3,258,937 | -€659,265 | -16.8% |
| Operating profit (loss) | 9901 | €591,793 | €59,580 | -€532,214 | -89.9% |
| Financial income | 75/76B | €5,963 | €301 | -€5,663 | -95.0% |
| Recurring financial income | 75 | €5,963 | €301 | -€5,663 | -95.0% |
| Financial charges | 65/66B | €18,120 | €29,365 | +€11,245 | +62.1% |
| Recurring financial charges | 65 | €18,120 | €29,365 | +€11,245 | +62.1% |
| Profit (loss) for the period before taxes | 9903 | €579,637 | €30,515 | -€549,121 | -94.7% |
| Income taxes | 67/77 | €156,759 | €22,757 | -€134,002 | -85.5% |
| Profit (loss) for the period | 9904 | €422,878 | €7,758 | -€415,119 | -98.2% |
| Profit (loss) for the period to be appropriated | 9905 | €422,878 | €7,758 | -€415,119 | -98.2% |
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 15 October 2026 via checked.be.