The Flow: 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.
What changed
The Flow
NACE 62.200, Computer consultancy and computer facilities management
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€259,233
2024 · €150,340+€108,893
Equity
€576,776
2024 · €317,544+€259,233
Cash
€16,068
2024 · €9,716+€6,352
Balance sheet total
€2.1m
2024 · €1.6m+€495,800
Largest movements
Assets
- Receivables within one year +€487,570
up €487,570 (+32.4%), from €1.5m to €2.0m
of which Trade receivables: +€481,518
Equity and liabilities
- Reserves +€259,000
up €259,000 (+101.6%), from €254,940 to €513,940
of which Distributable reserves: +€259,000
- Accrued charges and deferred income +€128,116
up €128,116 (+129.2%), from €99,186 to €227,302
- Tax, wage and social debts +€91,559
up €91,559 (+23.7%), from €386,105 to €477,664
of which Taxes: +€66,349
Income statement
- Turnover +€1.2m
up €1.2m (+19.4%), from €6.0m to €7.1m
- Purchases and services +€890,082
up €890,082 (+21.6%), from €4.1m to €5.0m
- Staff costs +€333,176
up €333,176 (+23.8%), from €1.4m to €1.7m
- Gross operating margin +€261,017
up €261,017 (+13.6%), from €1.9m to €2.2m
- Financial charges -€153,813
down €153,813 (-73.8%), from €208,439 to €54,627
of which Non-recurring financial charges: -€174,287
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.
Result 2024
€150,340
Gross operating margin
+€261,017
Staff costs
-€333,176
Depreciation
-€167
Write-downs
-€1,089
Other operating charges
+€630
Other operating items
-€217
Financial income
+€473
Financial charges
+€153,813
Taxes
+€27,609
Result 2025
€259,233
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.
From operations
+€17,736
Investment
-€11,384
Financing
€0
Cash 2024
€9,716
From operations (derived)
+€17,736
Net result for the year
+€259,233
Depreciation
+€19,655
Stocks and contracts
-€8,608
Receivables within one year
-€487,570
Deferred charges and accrued income
-€1,541
Provisions
+€982
Trade debts
+€4,192
Tax, wage and social debts
+€91,559
Advances received
+€11,718
Accrued charges and deferred income
+€128,116
Investment (derived)
-€11,384
Investment in fixed assets (net)
-€11,384
Cash 2025
€16,068
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,577,227 | €2,073,026 | +€495,800 | +31.4% |
| Fixed assets | 21/28 | €34,667 | €26,396 | -€8,271 | -23.9% |
| Tangible fixed assets | 22/27 | €34,667 | €26,396 | -€8,271 | -23.9% |
| Plant, machinery and equipment | 23 | €34,667 | €26,396 | -€8,271 | -23.9% |
| Current assets | 29/58 | €1,542,559 | €2,046,630 | +€504,071 | +32.7% |
| Stocks and contracts in progress | 3 | - | €8,608 | +€8,608 | |
| Contracts in progress | 37 | - | €8,608 | +€8,608 | |
| Amounts receivable within one year | 40/41 | €1,503,892 | €1,991,462 | +€487,570 | +32.4% |
| Trade receivables | 40 | €1,458,505 | €1,940,023 | +€481,518 | +33.0% |
| Other amounts receivable | 41 | €45,387 | €51,439 | +€6,052 | +13.3% |
| Cash at bank and in hand | 54/58 | €9,716 | €16,068 | +€6,352 | +65.4% |
| Deferred charges and accrued income | 490/1 | €28,951 | €30,492 | +€1,541 | +5.3% |
| Total equity and liabilities | 10/49 | €1,577,227 | €2,073,026 | +€495,800 | +31.4% |
| Equity | 10/15 | €317,544 | €576,776 | +€259,233 | +81.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €254,940 | €513,940 | +€259,000 | +101.6% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €248,740 | €507,740 | +€259,000 | +104.1% |
| Profit (loss) carried forward | 14 | €604 | €837 | +€233 | +38.5% |
| Provisions and deferred taxes | 16 | - | €982 | +€982 | |
| Provisions for liabilities and charges | 160/5 | - | €982 | +€982 | |
| Pensions and similar obligations | 160 | - | €982 | +€982 | |
| Amounts payable | 17/49 | €1,259,683 | €1,495,268 | +€235,585 | +18.7% |
| Amounts payable within one year | 42/48 | €1,160,497 | €1,267,966 | +€107,469 | +9.3% |
| Trade debts | 44 | €774,392 | €778,584 | +€4,192 | +0.5% |
| Suppliers | 440/4 | €774,392 | €778,584 | +€4,192 | +0.5% |
| Advances received on contracts in progress | 46 | - | €11,718 | +€11,718 | |
| Taxes, remuneration and social security | 45 | €386,105 | €477,664 | +€91,559 | +23.7% |
| Taxes | 450/3 | €227,690 | €294,038 | +€66,349 | +29.1% |
| Remuneration and social security | 454/9 | €158,415 | €183,626 | +€25,211 | +15.9% |
| Accrued charges and deferred income | 492/3 | €99,186 | €227,302 | +€128,116 | +129.2% |
| Turnover | 70 | €5,974,922 | €7,133,499 | +€1.2m | +19.4% |
| Non-recurring operating income | 76A | €60 | €1,416 | +€1,356 | +2260.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €4,119,987 | €5,010,069 | +€890,082 | +21.6% |
| Remuneration, social security and pensions | 62 | €1,397,476 | €1,730,653 | +€333,176 | +23.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,489 | €19,655 | +€167 | +0.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€106 | €982 | +€1,089 | |
| Other operating charges | 640/8 | €9,079 | €8,449 | -€630 | -6.9% |
| Non-recurring operating charges | 66A | - | €217 | +€217 | |
| Gross operating margin | 9900 | €1,913,590 | €2,174,607 | +€261,017 | +13.6% |
| Operating profit (loss) | 9901 | €487,653 | €414,651 | -€73,002 | -15.0% |
| Financial income | 75/76B | €39 | €512 | +€473 | +1221.4% |
| Recurring financial income | 75 | €39 | €512 | +€473 | +1221.4% |
| Financial charges | 65/66B | €208,439 | €54,627 | -€153,813 | -73.8% |
| Recurring financial charges | 65 | €34,152 | €54,627 | +€20,474 | +59.9% |
| Non-recurring financial charges | 66B | €174,287 | - | -€174,287 | |
| Profit (loss) for the period before taxes | 9903 | €279,252 | €360,536 | +€81,284 | +29.1% |
| Income taxes | 67/77 | €128,912 | €101,304 | -€27,609 | -21.4% |
| Profit (loss) for the period | 9904 | €150,340 | €259,233 | +€108,893 | +72.4% |
| Profit (loss) for the period to be appropriated | 9905 | €150,340 | €259,233 | +€108,893 | +72.4% |
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 5 October 2026 via checked.be.