System and Development: 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.
System and Development
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Accrued charges and deferred income -€2,747
no longer reported in 2025 (was €2,747)
- Trade debts +€1,773
up €1,773 (+5.0%), from €35,437 to €37,209
- Turnover +€14,225
up €14,225 (+44.8%), from €31,775 to €46,000
- Gross operating margin +€11,682
up €11,682, from -€623 to €11,059
- Taxes +€3,424
new in 2025: €3,424
- Purchases and services +€2,542
up €2,542 (+7.8%), from €32,398 to €34,941
- Other operating charges -€570
down €570 (-7.5%), from €7,599 to €7,029
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 | €176,354 | €175,694 | -€661 | -0.4% |
| Fixed assets | 21/28 | €175,004 | €175,004 | = | 0.0% |
| Tangible fixed assets | 22/27 | €175,004 | €175,004 | = | 0.0% |
| Land and buildings | 22 | €175,004 | €175,004 | = | 0.0% |
| Current assets | 29/58 | €1,350 | €689 | -€661 | -48.9% |
| Cash at bank and in hand | 54/58 | €129 | €689 | +€560 | +434.1% |
| Deferred charges and accrued income | 490/1 | €1,221 | - | -€1,221 | |
| Total equity and liabilities | 10/49 | €176,354 | €175,694 | -€661 | -0.4% |
| Equity | 10/15 | €21,854 | €22,273 | +€419 | +1.9% |
| Contributions | 10/11 | €347,051 | €347,051 | = | 0.0% |
| Capital | 10 | €347,051 | €347,051 | = | 0.0% |
| Issued capital | 100 | €347,051 | €347,051 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€325,197 | -€324,778 | +€419 | +0.1% |
| Amounts payable | 17/49 | €154,500 | €153,421 | -€1,080 | -0.7% |
| Amounts payable within one year | 42/48 | €151,753 | €153,421 | +€1,667 | +1.1% |
| Trade debts | 44 | €35,437 | €37,209 | +€1,773 | +5.0% |
| Suppliers | 440/4 | €35,437 | €37,209 | +€1,773 | +5.0% |
| Taxes, remuneration and social security | 45 | €90,593 | €90,487 | -€106 | -0.1% |
| Taxes | 450/3 | €90,593 | €90,487 | -€106 | -0.1% |
| Other amounts payable | 47/48 | €25,724 | €25,724 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,747 | - | -€2,747 | |
| Turnover | 70 | €31,775 | €46,000 | +€14,225 | +44.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €32,398 | €34,941 | +€2,542 | +7.8% |
| Other operating charges | 640/8 | €7,599 | €7,029 | -€570 | -7.5% |
| Gross operating margin | 9900 | -€623 | €11,059 | +€11,682 | |
| Operating profit (loss) | 9901 | -€8,222 | €4,030 | +€12,252 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €390 | €187 | -€203 | -52.0% |
| Recurring financial charges | 65 | €390 | €187 | -€203 | -52.0% |
| Profit (loss) for the period before taxes | 9903 | -€8,613 | €3,843 | +€12,456 | |
| Income taxes | 67/77 | - | €3,424 | +€3,424 | |
| Profit (loss) for the period | 9904 | -€8,613 | €419 | +€9,032 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,613 | €419 | +€9,032 |
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 8 October 2026 via checked.be.