Systemist: 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.
Systemist
Largest movements
- Cash +€94,848
up €94,848 (+154.6%), from €61,367 to €156,215
mainly Net result for the year (+€74,190) and Tax, wage and social debts (+€20,417)
- Receivables within one year +€1,975
up €1,975 (+17.0%), from €11,634 to €13,609
- Profit (loss) carried forward +€74,190
up €74,190 (+161.1%), from €46,042 to €120,232
- Tax, wage and social debts +€20,417
up €20,417 (+107.3%), from €19,031 to €39,448
of which Taxes: +€19,017
- Other debts +€2,227
up €2,227 (+51.1%), from €4,356 to €6,583
- Gross operating margin +€35,441
up €35,441 (+61.3%), from €57,824 to €93,266
- Taxes +€6,988
up €6,988 (+60.1%), from €11,637 to €18,625
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 | €73,429 | €171,675 | +€98,246 | +133.8% |
| Current assets | 29/58 | €73,429 | €171,675 | +€98,246 | +133.8% |
| Amounts receivable after more than one year | 29 | - | €1,423 | +€1,423 | |
| Other amounts receivable | 291 | - | €1,423 | +€1,423 | |
| Amounts receivable within one year | 40/41 | €11,634 | €13,609 | +€1,975 | +17.0% |
| Trade receivables | 40 | €11,634 | €13,609 | +€1,975 | +17.0% |
| Cash at bank and in hand | 54/58 | €61,367 | €156,215 | +€94,848 | +154.6% |
| Deferred charges and accrued income | 490/1 | €427 | €427 | = | 0.0% |
| Total equity and liabilities | 10/49 | €73,429 | €171,675 | +€98,246 | +133.8% |
| Equity | 10/15 | €50,042 | €124,232 | +€74,190 | +148.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,042 | €120,232 | +€74,190 | +161.1% |
| Amounts payable | 17/49 | €23,387 | €47,443 | +€24,056 | +102.9% |
| Amounts payable within one year | 42/48 | €23,387 | €47,043 | +€23,656 | +101.1% |
| Trade debts | 44 | - | €1,012 | +€1,012 | |
| Suppliers | 440/4 | - | €1,012 | +€1,012 | |
| Taxes, remuneration and social security | 45 | €19,031 | €39,448 | +€20,417 | +107.3% |
| Taxes | 450/3 | €17,731 | €36,748 | +€19,017 | +107.2% |
| Remuneration and social security | 454/9 | €1,300 | €2,700 | +€1,400 | +107.7% |
| Other amounts payable | 47/48 | €4,356 | €6,583 | +€2,227 | +51.1% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Other operating charges | 640/8 | €50 | €446 | +€396 | +791.5% |
| Gross operating margin | 9900 | €57,824 | €93,266 | +€35,441 | +61.3% |
| Operating profit (loss) | 9901 | €57,774 | €92,820 | +€35,046 | +60.7% |
| Financial income | 75/76B | €0 | €73 | +€73 | +29060.0% |
| Recurring financial income | 75 | €0 | €73 | +€73 | +29060.0% |
| Financial charges | 65/66B | €96 | €78 | -€18 | -18.6% |
| Recurring financial charges | 65 | €96 | €78 | -€18 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | €57,679 | €92,815 | +€35,136 | +60.9% |
| Income taxes | 67/77 | €11,637 | €18,625 | +€6,988 | +60.1% |
| Profit (loss) for the period | 9904 | €46,042 | €74,190 | +€28,148 | +61.1% |
| Profit (loss) for the period to be appropriated | 9905 | €46,042 | €74,190 | +€28,148 | +61.1% |
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 6 October 2026 via checked.be.