THE ACCOUNTANT: 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.
THE ACCOUNTANT
Largest movements
- Tangible fixed assets +€16,538
up €16,538 (+458%), from €3,610 to €20,148
of which Land and buildings: +€17,372
- Deferred charges and accrued income +€8,073
up €8,073 (+1,083%), from €745 to €8,819
- Receivables within one year +€929
up €929 (+61.0%), from €1,524 to €2,453
- Cash -€631
down €631 (-4.9%), from €12,996 to €12,364
mainly Investment in fixed assets (net) (-€17,790) and Deferred charges and accrued income (-€8,073)
- Reserves +€16,931
new in 2025: €16,931
- Tax, wage and social debts +€9,069
up €9,069 (+94.3%), from €9,614 to €18,684
of which Taxes: +€8,103
- Profit (loss) carried forward -€7,086
no longer reported in 2025 (was €7,086)
- Trade debts +€5,995
up €5,995 (+511%), from €1,174 to €7,169
- Gross operating margin +€15,865
up €15,865 (+120%), from €13,191 to €29,056
- Financial charges +€4,153
up €4,153 (+4,547%), from €91 to €4,244
- Staff costs +€3,929
new in 2025: €3,929
- Taxes +€3,314
up €3,314 (+77.8%), from €4,258 to €7,572
- Other operating charges +€927
up €927 (+72.1%), from €1,287 to €2,214
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 | €18,875 | €43,783 | +€24,909 | +132% |
| Fixed assets | 21/28 | €3,610 | €20,148 | +€16,538 | +458% |
| Tangible fixed assets | 22/27 | €3,610 | €20,148 | +€16,538 | +458% |
| Land and buildings | 22 | €1,574 | €18,946 | +€17,372 | +1,103% |
| Furniture and vehicles | 24 | €2,036 | €1,201 | -€834 | -41.0% |
| Current assets | 29/58 | €15,265 | €23,636 | +€8,371 | +54.8% |
| Amounts receivable within one year | 40/41 | €1,524 | €2,453 | +€929 | +61.0% |
| Other amounts receivable | 41 | €1,524 | €2,453 | +€929 | +61.0% |
| Cash at bank and in hand | 54/58 | €12,996 | €12,364 | -€631 | -4.9% |
| Deferred charges and accrued income | 490/1 | €745 | €8,819 | +€8,073 | +1,083% |
| Total equity and liabilities | 10/49 | €18,875 | €43,783 | +€24,909 | +132% |
| Equity | 10/15 | €8,086 | €17,931 | +€9,845 | +122% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | - | €16,931 | +€16,931 | |
| Distributable reserves | 133 | - | €16,931 | +€16,931 | |
| Profit (loss) carried forward | 14 | €7,086 | - | -€7,086 | |
| Amounts payable | 17/49 | €10,788 | €25,852 | +€15,064 | +140% |
| Amounts payable within one year | 42/48 | €10,788 | €25,852 | +€15,064 | +140% |
| Trade debts | 44 | €1,174 | €7,169 | +€5,995 | +511% |
| Suppliers | 440/4 | €1,174 | €7,169 | +€5,995 | +511% |
| Taxes, remuneration and social security | 45 | €9,614 | €18,684 | +€9,069 | +94.3% |
| Taxes | 450/3 | €9,614 | €17,717 | +€8,103 | +84.3% |
| Remuneration and social security | 454/9 | - | €967 | +€967 | |
| Remuneration, social security and pensions | 62 | - | €3,929 | +€3,929 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €469 | €1,252 | +€784 | +167% |
| Other operating charges | 640/8 | €1,287 | €2,214 | +€927 | +72.1% |
| Gross operating margin | 9900 | €13,191 | €29,056 | +€15,865 | +120% |
| Operating profit (loss) | 9901 | €11,436 | €21,660 | +€10,225 | +89.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €91 | €4,244 | +€4,153 | +4,547% |
| Recurring financial charges | 65 | €91 | €4,244 | +€4,153 | +4,547% |
| Profit (loss) for the period before taxes | 9903 | €11,344 | €17,417 | +€6,072 | +53.5% |
| Income taxes | 67/77 | €4,258 | €7,572 | +€3,314 | +77.8% |
| Profit (loss) for the period | 9904 | €7,086 | €9,845 | +€2,758 | +38.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,086 | €9,845 | +€2,758 | +38.9% |
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 31 October 2026 via checked.be.