Systemize: 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.
Systemize
Largest movements
- Cash +€17,215
up €17,215 (+590%), from €2,918 to €20,133
mainly Net result for the year (+€20,625) and Tax, wage and social debts (+€6,925)
- Receivables within one year +€6,043
up €6,043 (+33.1%), from €18,235 to €24,278
of which Other amounts receivable: +€8,378
- Tangible fixed assets +€1,513
up €1,513 (+18.6%), from €8,151 to €9,664
- Profit (loss) carried forward +€18,959
up €18,959 (+95.3%), from €19,886 to €38,845
- Tax, wage and social debts +€6,925
up €6,925 (+1,696%), from €408 to €7,334
- Short-term financial debts +€2,480
up €2,480 (+1,376%), from €180 to €2,660
- Other debts -€1,824
down €1,824 (-52.3%), from €3,490 to €1,666
- Trade debts -€1,770
down €1,770 (-62.3%), from €2,840 to €1,070
- Gross operating margin +€4,876
up €4,876 (+16.4%), from €29,660 to €34,537
- Depreciation +€2,963
up €2,963 (+362%), from €818 to €3,781
- Financial charges +€2,653
up €2,653 (+199%), from €1,333 to €3,986
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 | €29,305 | €54,075 | +€24,770 | +84.5% |
| Fixed assets | 21/28 | €8,151 | €9,664 | +€1,513 | +18.6% |
| Tangible fixed assets | 22/27 | €8,151 | €9,664 | +€1,513 | +18.6% |
| Plant, machinery and equipment | 23 | €8,151 | €9,664 | +€1,513 | +18.6% |
| Current assets | 29/58 | €21,154 | €44,411 | +€23,258 | +110% |
| Amounts receivable within one year | 40/41 | €18,235 | €24,278 | +€6,043 | +33.1% |
| Trade receivables | 40 | €16,855 | €14,520 | -€2,335 | -13.9% |
| Other amounts receivable | 41 | €1,380 | €9,758 | +€8,378 | +607% |
| Cash at bank and in hand | 54/58 | €2,918 | €20,133 | +€17,215 | +590% |
| Total equity and liabilities | 10/49 | €29,305 | €54,075 | +€24,770 | +84.5% |
| Equity | 10/15 | €22,386 | €41,345 | +€18,959 | +84.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,886 | €38,845 | +€18,959 | +95.3% |
| Amounts payable | 17/49 | €6,919 | €12,730 | +€5,811 | +84.0% |
| Amounts payable within one year | 42/48 | €6,919 | €12,730 | +€5,811 | +84.0% |
| Financial debts | 43 | €180 | €2,660 | +€2,480 | +1,376% |
| Credit institutions | 430/8 | €180 | €2,660 | +€2,480 | +1,376% |
| Trade debts | 44 | €2,840 | €1,070 | -€1,770 | -62.3% |
| Suppliers | 440/4 | €2,840 | €1,070 | -€1,770 | -62.3% |
| Taxes, remuneration and social security | 45 | €408 | €7,334 | +€6,925 | +1,696% |
| Taxes | 450/3 | €408 | €7,334 | +€6,925 | +1,696% |
| Other amounts payable | 47/48 | €3,490 | €1,666 | -€1,824 | -52.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €818 | €3,781 | +€2,963 | +362% |
| Other operating charges | 640/8 | €387 | €120 | -€267 | -69.0% |
| Gross operating margin | 9900 | €29,660 | €34,537 | +€4,876 | +16.4% |
| Operating profit (loss) | 9901 | €28,455 | €30,635 | +€2,181 | +7.7% |
| Financial income | 75/76B | €5 | €228 | +€223 | +4,461% |
| Recurring financial income | 75 | €5 | €228 | +€223 | +4,461% |
| Financial charges | 65/66B | €1,333 | €3,986 | +€2,653 | +199% |
| Recurring financial charges | 65 | €1,333 | €3,986 | +€2,653 | +199% |
| Profit (loss) for the period before taxes | 9903 | €27,127 | €26,877 | -€250 | -0.9% |
| Income taxes | 67/77 | €6,408 | €6,252 | -€156 | -2.4% |
| Profit (loss) for the period | 9904 | €20,719 | €20,625 | -€93 | -0.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,719 | €20,625 | -€93 | -0.5% |
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 13 October 2026 via checked.be.