Sweater: 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.
Sweater
Largest movements
- Tangible fixed assets +€1,933
new in 2025: €1,933
- Receivables within one year +€1,572
up €1,572 (+31.6%), from €4,966 to €6,538
of which Trade receivables: +€6,356
- Deferred charges and accrued income +€958
new in 2025: €958
- Cash +€409
up €409 (+9.7%), from €4,203 to €4,612
mainly Other debts (+€54,092) and Tax, wage and social debts (+€7,325)
- Profit (loss) carried forward -€58,709
down €58,709 (-69.9%), from -€83,947 to -€142,656
- Other debts +€54,092
up €54,092 (+198.2%), from €27,298 to €81,390
- Tax, wage and social debts +€7,325
new in 2025: €7,325
of which Remuneration and social security: +€7,214
- Trade debts +€2,163
up €2,163 (+56.6%), from €3,819 to €5,982
- Staff costs +€69,678
new in 2025: €69,678
- Turnover +€49,470
new in 2025: €49,470
- Gross operating margin +€28,124
up €28,124, from -€9,370 to €18,754
- Purchases and services +€23,133
up €23,133 (+246.9%), from €9,370 to €32,503
- Financial charges +€2,464
up €2,464 (+100.9%), from €2,442 to €4,906
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 | €9,170 | €14,041 | +€4,872 | +53.1% |
| Fixed assets | 21/28 | - | €1,933 | +€1,933 | |
| Tangible fixed assets | 22/27 | - | €1,933 | +€1,933 | |
| Plant, machinery and equipment | 23 | - | €1,933 | +€1,933 | |
| Current assets | 29/58 | €9,170 | €12,109 | +€2,939 | +32.0% |
| Amounts receivable within one year | 40/41 | €4,966 | €6,538 | +€1,572 | +31.6% |
| Trade receivables | 40 | - | €6,356 | +€6,356 | |
| Other amounts receivable | 41 | €4,966 | €183 | -€4,784 | -96.3% |
| Cash at bank and in hand | 54/58 | €4,203 | €4,612 | +€409 | +9.7% |
| Deferred charges and accrued income | 490/1 | - | €958 | +€958 | |
| Total equity and liabilities | 10/49 | €9,170 | €14,041 | +€4,872 | +53.1% |
| Equity | 10/15 | -€21,947 | -€80,656 | -€58,709 | -267.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,947 | -€142,656 | -€58,709 | -69.9% |
| Amounts payable | 17/49 | €31,117 | €94,698 | +€63,581 | +204.3% |
| Amounts payable within one year | 42/48 | €31,117 | €94,698 | +€63,581 | +204.3% |
| Trade debts | 44 | €3,819 | €5,982 | +€2,163 | +56.6% |
| Suppliers | 440/4 | €3,819 | €5,982 | +€2,163 | +56.6% |
| Taxes, remuneration and social security | 45 | - | €7,325 | +€7,325 | |
| Taxes | 450/3 | - | €111 | +€111 | |
| Remuneration and social security | 454/9 | - | €7,214 | +€7,214 | |
| Other amounts payable | 47/48 | €27,298 | €81,390 | +€54,092 | +198.2% |
| Turnover | 70 | - | €49,470 | +€49,470 | |
| Goods, raw materials, services and sundry goods | 60/61 | €9,370 | €32,503 | +€23,133 | +246.9% |
| Remuneration, social security and pensions | 62 | - | €69,678 | +€69,678 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €116 | +€116 | |
| Other operating charges | 640/8 | €778 | €2,652 | +€1,874 | +240.9% |
| Gross operating margin | 9900 | -€9,370 | €18,754 | +€28,124 | |
| Operating profit (loss) | 9901 | -€10,148 | -€53,692 | -€43,544 | -429.1% |
| Financial charges | 65/66B | €2,442 | €4,906 | +€2,464 | +100.9% |
| Recurring financial charges | 65 | €2,442 | €4,906 | +€2,464 | +100.9% |
| Profit (loss) for the period before taxes | 9903 | -€12,590 | -€58,598 | -€46,008 | -365.4% |
| Income taxes | 67/77 | - | €111 | +€111 | |
| Profit (loss) for the period | 9904 | -€12,590 | -€58,709 | -€46,119 | -366.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,590 | -€58,709 | -€46,119 | -366.3% |
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 9 October 2026 via checked.be.