Sweet Advice: 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.
Sweet Advice
Largest movements
- Cash +€123,758
up €123,758 (+180%), from €68,760 to €192,519
mainly Net result for the year (+€159,749) and Current investments (+€100,000)
- Current investments -€100,000
down €100,000 (-100%), from €100,000 to €0
- Receivables within one year +€38,328
up €38,328 (+78.4%), from €48,874 to €87,202
of which Other amounts receivable: +€33,043
- Receivables after one year -€25,000
down €25,000 (-100%), from €25,000 to €0
- Reserves +€115,000
up €115,000 (+81.9%), from €140,420 to €255,420
of which Distributable reserves: +€115,000
- Other debts -€43,232
down €43,232 (-60.3%), from €71,690 to €28,458
- Debts after one year -€26,039
down €26,039 (-23.7%), from €109,837 to €83,798
- Current portion of long-term debt -€4,857
down €4,857 (-15.7%), from €30,896 to €26,039
- Gross operating margin -€44,701
down €44,701 (-14.5%), from €308,506 to €263,805
- Taxes -€9,021
down €9,021 (-12.1%), from €74,706 to €65,685
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 | €426,057 | €458,621 | +€32,563 | +7.6% |
| Fixed assets | 21/28 | €168,237 | €166,317 | -€1,920 | -1.1% |
| Intangible fixed assets | 21 | €10,057 | €6,217 | -€3,840 | -38.2% |
| Tangible fixed assets | 22/27 | €158,180 | €160,100 | +€1,920 | +1.2% |
| Land and buildings | 22 | €75,132 | €66,784 | -€8,348 | -11.1% |
| Plant, machinery and equipment | 23 | €6,211 | €3,436 | -€2,775 | -44.7% |
| Furniture and vehicles | 24 | €70,833 | €50,333 | -€20,500 | -28.9% |
| Other tangible fixed assets | 26 | €6,003 | €39,546 | +€33,543 | +559% |
| Current assets | 29/58 | €257,821 | €292,304 | +€34,483 | +13.4% |
| Amounts receivable after more than one year | 29 | €25,000 | €0 | -€25,000 | -100% |
| Other amounts receivable | 291 | €25,000 | €0 | -€25,000 | -100% |
| Stocks and contracts in progress | 3 | €4,000 | €4,000 | = | 0.0% |
| Stocks | 30/36 | €4,000 | €4,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €48,874 | €87,202 | +€38,328 | +78.4% |
| Trade receivables | 40 | €39,279 | €44,564 | +€5,285 | +13.5% |
| Other amounts receivable | 41 | €9,595 | €42,638 | +€33,043 | +344% |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100% |
| Cash at bank and in hand | 54/58 | €68,760 | €192,519 | +€123,758 | +180% |
| Deferred charges and accrued income | 490/1 | €11,187 | €8,584 | -€2,603 | -23.3% |
| Total equity and liabilities | 10/49 | €426,057 | €458,621 | +€32,563 | +7.6% |
| Equity | 10/15 | €147,965 | €262,974 | +€115,009 | +77.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €140,420 | €255,420 | +€115,000 | +81.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €138,560 | €253,560 | +€115,000 | +83.0% |
| Profit (loss) carried forward | 14 | €1,345 | €1,354 | +€9 | +0.7% |
| Amounts payable | 17/49 | €278,092 | €195,646 | -€82,446 | -29.6% |
| Amounts payable after more than one year | 17 | €109,837 | €83,798 | -€26,039 | -23.7% |
| Financial debts | 170/4 | €109,837 | €83,798 | -€26,039 | -23.7% |
| Amounts payable within one year | 42/48 | €167,493 | €111,848 | -€55,645 | -33.2% |
| Current portion of amounts payable after more than one year | 42 | €30,896 | €26,039 | -€4,857 | -15.7% |
| Trade debts | 44 | €19,762 | €16,332 | -€3,430 | -17.4% |
| Suppliers | 440/4 | €19,762 | €16,332 | -€3,430 | -17.4% |
| Taxes, remuneration and social security | 45 | €45,145 | €41,020 | -€4,125 | -9.1% |
| Taxes | 450/3 | €45,145 | €41,020 | -€4,125 | -9.1% |
| Other amounts payable | 47/48 | €71,690 | €28,458 | -€43,232 | -60.3% |
| Accrued charges and deferred income | 492/3 | €763 | €0 | -€763 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,084 | €38,343 | +€1,259 | +3.4% |
| Other operating charges | 640/8 | €1,907 | €1,961 | +€54 | +2.9% |
| Non-recurring operating charges | 66A | €0 | €9 | +€9 | |
| Gross operating margin | 9900 | €308,506 | €263,805 | -€44,701 | -14.5% |
| Operating profit (loss) | 9901 | €269,515 | €223,492 | -€46,023 | -17.1% |
| Financial income | 75/76B | €3,649 | €5,518 | +€1,869 | +51.2% |
| Recurring financial income | 75 | €3,649 | €5,518 | +€1,869 | +51.2% |
| Financial charges | 65/66B | €4,587 | €3,575 | -€1,012 | -22.1% |
| Recurring financial charges | 65 | €4,587 | €3,575 | -€1,012 | -22.1% |
| Profit (loss) for the period before taxes | 9903 | €268,576 | €225,434 | -€43,142 | -16.1% |
| Income taxes | 67/77 | €74,706 | €65,685 | -€9,021 | -12.1% |
| Profit (loss) for the period | 9904 | €193,870 | €159,749 | -€34,121 | -17.6% |
| Profit (loss) for the period to be appropriated | 9905 | €193,870 | €159,749 | -€34,121 | -17.6% |
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 18 October 2026 via checked.be.