TEST CLUE: 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.
TEST CLUE
Largest movements
- Receivables within one year +€38,730
up €38,730 (+1339.2%), from €2,892 to €41,622
of which Trade receivables: +€37,851
- Tangible fixed assets -€1,865
down €1,865 (-32.8%), from €5,678 to €3,813
- Cash -€1,628
down €1,628 (-1.6%), from €99,465 to €97,837
mainly Contributions, distributions and other (-€80,000) and Receivables within one year (-€38,730)
- Other debts +€50,851
up €50,851 (+174.2%), from €29,188 to €80,039
- Profit (loss) carried forward -€24,651
down €24,651 (-67.5%), from €36,539 to €11,888
- Tax, wage and social debts +€20,739
up €20,739 (+81.4%), from €25,465 to €46,204
of which Taxes: +€16,039
- Trade debts -€14,329
down €14,329 (-92.6%), from €15,477 to €1,148
- Accrued charges and deferred income +€2,335
new in 2025: €2,335
- Gross operating margin +€14,067
up €14,067 (+23.5%), from €59,884 to €73,951
- Taxes +€5,228
up €5,228 (+53.7%), from €9,734 to €14,962
- Other operating charges -€1,465
down €1,465 (-65.4%), from €2,239 to €774
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 | €109,169 | €144,115 | +€34,946 | +32.0% |
| Fixed assets | 21/28 | €5,678 | €3,813 | -€1,865 | -32.8% |
| Tangible fixed assets | 22/27 | €5,678 | €3,813 | -€1,865 | -32.8% |
| Furniture and vehicles | 24 | €5,678 | €3,813 | -€1,865 | -32.8% |
| Current assets | 29/58 | €103,491 | €140,302 | +€36,811 | +35.6% |
| Amounts receivable within one year | 40/41 | €2,892 | €41,622 | +€38,730 | +1339.2% |
| Trade receivables | 40 | €2,892 | €40,743 | +€37,851 | +1308.8% |
| Other amounts receivable | 41 | - | €879 | +€879 | |
| Cash at bank and in hand | 54/58 | €99,465 | €97,837 | -€1,628 | -1.6% |
| Deferred charges and accrued income | 490/1 | €1,134 | €843 | -€291 | -25.6% |
| Total equity and liabilities | 10/49 | €109,169 | €144,115 | +€34,946 | +32.0% |
| Equity | 10/15 | €39,039 | €14,388 | -€24,651 | -63.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,539 | €11,888 | -€24,651 | -67.5% |
| Amounts payable | 17/49 | €70,130 | €129,727 | +€59,597 | +85.0% |
| Amounts payable within one year | 42/48 | €70,130 | €127,392 | +€57,262 | +81.7% |
| Trade debts | 44 | €15,477 | €1,148 | -€14,329 | -92.6% |
| Suppliers | 440/4 | €15,477 | €1,148 | -€14,329 | -92.6% |
| Taxes, remuneration and social security | 45 | €25,465 | €46,204 | +€20,739 | +81.4% |
| Taxes | 450/3 | €25,465 | €41,504 | +€16,039 | +63.0% |
| Remuneration and social security | 454/9 | - | €4,700 | +€4,700 | |
| Other amounts payable | 47/48 | €29,188 | €80,039 | +€50,851 | +174.2% |
| Accrued charges and deferred income | 492/3 | - | €2,335 | +€2,335 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,564 | €1,822 | +€258 | +16.5% |
| Other operating charges | 640/8 | €2,239 | €774 | -€1,465 | -65.4% |
| Non-recurring operating charges | 66A | - | €434 | +€434 | |
| Gross operating margin | 9900 | €59,884 | €73,951 | +€14,067 | +23.5% |
| Operating profit (loss) | 9901 | €56,081 | €70,921 | +€14,840 | +26.5% |
| Financial income | 75/76B | - | €116 | +€116 | |
| Recurring financial income | 75 | - | €116 | +€116 | |
| Financial charges | 65/66B | €953 | €726 | -€227 | -23.8% |
| Recurring financial charges | 65 | €953 | €726 | -€227 | -23.8% |
| Profit (loss) for the period before taxes | 9903 | €55,128 | €70,311 | +€15,183 | +27.5% |
| Income taxes | 67/77 | €9,734 | €14,962 | +€5,228 | +53.7% |
| Profit (loss) for the period | 9904 | €45,394 | €55,349 | +€9,955 | +21.9% |
| Profit (loss) for the period to be appropriated | 9905 | €45,394 | €55,349 | +€9,955 | +21.9% |
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.