t2b.connect: 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.
t2b.connect
Largest movements
- Cash +€39,480
up €39,480 (+85.1%), from €46,410 to €85,890
mainly Net result for the year (+€41,868) and Tax, wage and social debts (+€1,214)
- Receivables within one year +€4,489
up €4,489 (+32.7%), from €13,726 to €18,215
- Reserves +€41,868
up €41,868 (+84.1%), from €49,766 to €91,633
- Tax, wage and social debts +€1,214
up €1,214 (+16.1%), from €7,523 to €8,737
- Gross operating margin -€9,633
down €9,633 (-14.7%), from €65,398 to €55,765
- Taxes -€2,200
down €2,200 (-15.0%), from €14,643 to €12,442
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 | €63,440 | €106,542 | +€43,101 | +67.9% |
| Fixed assets | 21/28 | €3,305 | €2,351 | -€953 | -28.9% |
| Tangible fixed assets | 22/27 | €3,305 | €2,351 | -€953 | -28.9% |
| Furniture and vehicles | 24 | €3,305 | €2,351 | -€953 | -28.9% |
| Current assets | 29/58 | €60,136 | €104,190 | +€44,055 | +73.3% |
| Amounts receivable within one year | 40/41 | €13,726 | €18,215 | +€4,489 | +32.7% |
| Trade receivables | 40 | €13,726 | €18,215 | +€4,489 | +32.7% |
| Cash at bank and in hand | 54/58 | €46,410 | €85,890 | +€39,480 | +85.1% |
| Deferred charges and accrued income | 490/1 | - | €85 | +€85 | |
| Total equity and liabilities | 10/49 | €63,440 | €106,542 | +€43,101 | +67.9% |
| Equity | 10/15 | €54,766 | €96,633 | +€41,868 | +76.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €49,766 | €91,633 | +€41,868 | +84.1% |
| Distributable reserves | 133 | €49,766 | €91,633 | +€41,868 | +84.1% |
| Amounts payable | 17/49 | €8,675 | €9,908 | +€1,233 | +14.2% |
| Amounts payable within one year | 42/48 | €8,675 | €9,908 | +€1,233 | +14.2% |
| Trade debts | 44 | €888 | €668 | -€220 | -24.8% |
| Suppliers | 440/4 | €888 | €668 | -€220 | -24.8% |
| Taxes, remuneration and social security | 45 | €7,523 | €8,737 | +€1,214 | +16.1% |
| Taxes | 450/3 | €7,523 | €8,737 | +€1,214 | +16.1% |
| Other amounts payable | 47/48 | €264 | €503 | +€239 | +90.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €676 | €953 | +€278 | +41.1% |
| Other operating charges | 640/8 | €218 | €398 | +€181 | +83.0% |
| Gross operating margin | 9900 | €65,398 | €55,765 | -€9,633 | -14.7% |
| Operating profit (loss) | 9901 | €64,505 | €54,413 | -€10,092 | -15.6% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €97 | €103 | +€6 | +6.4% |
| Recurring financial charges | 65 | €97 | €103 | +€6 | +6.4% |
| Profit (loss) for the period before taxes | 9903 | €64,408 | €54,310 | -€10,098 | -15.7% |
| Income taxes | 67/77 | €14,643 | €12,442 | -€2,200 | -15.0% |
| Profit (loss) for the period | 9904 | €49,766 | €41,868 | -€7,898 | -15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €49,766 | €41,868 | -€7,898 | -15.9% |
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 19 October 2026 via checked.be.