THE BEST WORK: 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 BEST WORK
Largest movements
- Cash +€17,232
up €17,232 (+77.9%), from €22,112 to €39,344
mainly Net result for the year (+€17,553) and Other debts (+€13,430)
- Tangible fixed assets +€6,619
up €6,619 (+61.1%), from €10,839 to €17,458
of which Furniture and vehicles: +€6,619
- Receivables within one year +€2,285
up €2,285 (+515%), from €444 to €2,729
of which Trade receivables: +€1,524
- Intangible fixed assets -€2,137
down €2,137 (-20.0%), from €10,685 to €8,548
- Deferred charges and accrued income +€2,134
new in 2025: €2,134
- Reserves +€17,553
new in 2025: €17,553
- Other debts +€13,430
up €13,430 (+240%), from €5,593 to €19,023
- Trade debts -€3,943
down €3,943 (-86.7%), from €4,549 to €606
- Contributions -€2,000
no longer reported in 2025 (was €2,000)
- Gross operating margin +€61,357
up €61,357 (+301%), from €20,402 to €81,759
- Staff costs +€41,945
up €41,945 (+3,561%), from €1,178 to €43,123
- Taxes +€13,565
up €13,565 (+10,277%), from €132 to €13,697
- Financial income +€3,837
new in 2025: €3,837
- Financial charges +€2,218
up €2,218 (+3,961%), from €56 to €2,274
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 | €47,449 | €72,428 | +€24,979 | +52.6% |
| Fixed assets | 21/28 | €21,524 | €26,006 | +€4,482 | +20.8% |
| Intangible fixed assets | 21 | €10,685 | €8,548 | -€2,137 | -20.0% |
| Tangible fixed assets | 22/27 | €10,839 | €17,458 | +€6,619 | +61.1% |
| Plant, machinery and equipment | 23 | €2,376 | €2,376 | = | 0.0% |
| Furniture and vehicles | 24 | €8,463 | €15,082 | +€6,619 | +78.2% |
| Current assets | 29/58 | €25,925 | €46,422 | +€20,497 | +79.1% |
| Stocks and contracts in progress | 3 | €3,369 | €2,215 | -€1,154 | -34.3% |
| Stocks | 30/36 | €3,369 | €2,215 | -€1,154 | -34.3% |
| Amounts receivable within one year | 40/41 | €444 | €2,729 | +€2,285 | +515% |
| Trade receivables | 40 | €444 | €1,968 | +€1,524 | +343% |
| Other amounts receivable | 41 | - | €761 | +€761 | |
| Cash at bank and in hand | 54/58 | €22,112 | €39,344 | +€17,232 | +77.9% |
| Deferred charges and accrued income | 490/1 | - | €2,134 | +€2,134 | |
| Total equity and liabilities | 10/49 | €47,449 | €72,428 | +€24,979 | +52.6% |
| Equity | 10/15 | €15,848 | €31,401 | +€15,553 | +98.1% |
| Contributions | 10/11 | €2,000 | - | -€2,000 | |
| Reserves | 13 | - | €17,553 | +€17,553 | |
| Distributable reserves | 133 | - | €17,553 | +€17,553 | |
| Profit (loss) carried forward | 14 | €13,848 | €13,848 | = | 0.0% |
| Amounts payable | 17/49 | €31,601 | €41,027 | +€9,426 | +29.8% |
| Amounts payable within one year | 42/48 | €31,601 | €41,027 | +€9,426 | +29.8% |
| Trade debts | 44 | €4,549 | €606 | -€3,943 | -86.7% |
| Suppliers | 440/4 | €4,549 | €606 | -€3,943 | -86.7% |
| Taxes, remuneration and social security | 45 | €21,459 | €21,398 | -€61 | -0.3% |
| Taxes | 450/3 | €959 | €11,886 | +€10,927 | +1,139% |
| Remuneration and social security | 454/9 | €20,500 | €9,512 | -€10,988 | -53.6% |
| Other amounts payable | 47/48 | €5,593 | €19,023 | +€13,430 | +240% |
| Remuneration, social security and pensions | 62 | €1,178 | €43,123 | +€41,945 | +3,561% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,193 | €7,783 | +€1,590 | +25.7% |
| Other operating charges | 640/8 | €1,253 | €1,166 | -€87 | -6.9% |
| Gross operating margin | 9900 | €20,402 | €81,759 | +€61,357 | +301% |
| Operating profit (loss) | 9901 | €11,778 | €29,687 | +€17,909 | +152% |
| Financial income | 75/76B | - | €3,837 | +€3,837 | |
| Recurring financial income | 75 | - | €3,837 | +€3,837 | |
| Financial charges | 65/66B | €56 | €2,274 | +€2,218 | +3,961% |
| Recurring financial charges | 65 | €56 | €2,274 | +€2,218 | +3,961% |
| Profit (loss) for the period before taxes | 9903 | €11,722 | €31,250 | +€19,528 | +167% |
| Income taxes | 67/77 | €132 | €13,697 | +€13,565 | +10,277% |
| Profit (loss) for the period | 9904 | €11,590 | €17,553 | +€5,963 | +51.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,590 | €17,553 | +€5,963 | +51.4% |
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 24 October 2026 via checked.be.