THE GENERAL TRADING: 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 GENERAL TRADING
Largest movements
- Stocks and contracts +€22,303
up €22,303 (+68.7%), from €32,469 to €54,772
- Cash -€5,391
down €5,391 (-43.1%), from €12,495 to €7,104
mainly Stocks and contracts (-€22,303) and Trade debts (-€17,959)
- Tangible fixed assets -€2,644
down €2,644 (-20.0%), from €13,221 to €10,577
- Receivables within one year -€1,251
no longer reported in 2025 (was €1,251)
- Tax, wage and social debts +€19,168
up €19,168 (+681%), from €2,816 to €21,984
of which Remuneration and social security: +€18,621
- Trade debts -€17,959
down €17,959 (-62.5%), from €28,725 to €10,766
- Profit (loss) carried forward +€13,899
up €13,899, from -€8,213 to €5,686
- Other debts -€2,091
down €2,091 (-10.7%), from €19,453 to €17,362
- Turnover +€166,975
up €166,975 (+44.9%), from €371,968 to €538,943
- Purchases and services +€70,898
up €70,898 (+17.3%), from €410,395 to €481,293
- Gross operating margin +€66,823
up €66,823, from -€9,173 to €57,650
- Staff costs +€38,221
up €38,221 (+212,339%), from €18 to €38,239
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 | €61,836 | €74,853 | +€13,017 | +21.1% |
| Fixed assets | 21/28 | €15,621 | €12,977 | -€2,644 | -16.9% |
| Tangible fixed assets | 22/27 | €13,221 | €10,577 | -€2,644 | -20.0% |
| Furniture and vehicles | 24 | €13,221 | €10,577 | -€2,644 | -20.0% |
| Financial fixed assets | 28 | €2,400 | €2,400 | = | 0.0% |
| Current assets | 29/58 | €46,215 | €61,876 | +€15,661 | +33.9% |
| Stocks and contracts in progress | 3 | €32,469 | €54,772 | +€22,303 | +68.7% |
| Stocks | 30/36 | €32,469 | €54,772 | +€22,303 | +68.7% |
| Amounts receivable within one year | 40/41 | €1,251 | - | -€1,251 | |
| Other amounts receivable | 41 | €1,251 | - | -€1,251 | |
| Cash at bank and in hand | 54/58 | €12,495 | €7,104 | -€5,391 | -43.1% |
| Total equity and liabilities | 10/49 | €61,836 | €74,853 | +€13,017 | +21.1% |
| Equity | 10/15 | €10,842 | €24,741 | +€13,899 | +128% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €455 | €455 | = | 0.0% |
| Non-distributable reserves | 130/1 | €455 | €455 | = | 0.0% |
| Reserves not available under the articles | 1311 | €455 | €455 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,213 | €5,686 | +€13,899 | |
| Amounts payable | 17/49 | €50,994 | €50,112 | -€882 | -1.7% |
| Amounts payable within one year | 42/48 | €50,994 | €50,112 | -€882 | -1.7% |
| Trade debts | 44 | €28,725 | €10,766 | -€17,959 | -62.5% |
| Suppliers | 440/4 | €28,725 | €10,766 | -€17,959 | -62.5% |
| Taxes, remuneration and social security | 45 | €2,816 | €21,984 | +€19,168 | +681% |
| Taxes | 450/3 | €2,816 | €3,363 | +€547 | +19.4% |
| Remuneration and social security | 454/9 | - | €18,621 | +€18,621 | |
| Other amounts payable | 47/48 | €19,453 | €17,362 | -€2,091 | -10.7% |
| Turnover | 70 | €371,968 | €538,943 | +€166,975 | +44.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €410,395 | €481,293 | +€70,898 | +17.3% |
| Remuneration, social security and pensions | 62 | €18 | €38,239 | +€38,221 | +212,339% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,644 | +€2,644 | |
| Other operating charges | 640/8 | €594 | €1,370 | +€776 | +131% |
| Gross operating margin | 9900 | -€9,173 | €57,650 | +€66,823 | |
| Operating profit (loss) | 9901 | -€9,785 | €15,397 | +€25,182 | |
| Financial charges | 65/66B | €88 | €76 | -€12 | -13.6% |
| Recurring financial charges | 65 | €88 | €76 | -€12 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | -€9,873 | €15,321 | +€25,194 | |
| Income taxes | 67/77 | - | €1,422 | +€1,422 | |
| Profit (loss) for the period | 9904 | -€9,873 | €13,899 | +€23,772 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,873 | €13,899 | +€23,772 |
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 22 October 2026 via checked.be.