the good place: 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 good place
Largest movements
- Receivables within one year +€127,178
up €127,178 (+649%), from €19,588 to €146,766
of which Trade receivables: +€126,907
- Cash -€2,555
down €2,555 (-58.5%), from €4,371 to €1,816
mainly Receivables within one year (-€127,178)
- Tangible fixed assets -€2,491
down €2,491 (-25.0%), from €9,960 to €7,469
of which Furniture and vehicles: -€1,793
- Trade debts +€57,667
up €57,667 (+243%), from €23,711 to €81,378
- Other debts +€43,032
up €43,032 (+55.0%), from €78,205 to €121,237
- Profit (loss) carried forward +€17,592
up €17,592 (+23.4%), from -€75,260 to -€57,668
- Tax, wage and social debts +€3,709
up €3,709 (+80.7%), from €4,594 to €8,304
of which Taxes: +€4,802
- Other operating charges +€68,349
up €68,349 (+1,445%), from €4,729 to €73,078
- Staff costs -€44,034
down €44,034 (-28.8%), from €152,753 to €108,719
- Gross operating margin +€38,370
up €38,370 (+22.4%), from €171,180 to €209,549
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 | €34,250 | €156,250 | +€122,000 | +356% |
| Fixed assets | 21/28 | €10,160 | €7,669 | -€2,491 | -24.5% |
| Tangible fixed assets | 22/27 | €9,960 | €7,469 | -€2,491 | -25.0% |
| Plant, machinery and equipment | 23 | €3,799 | €3,101 | -€698 | -18.4% |
| Furniture and vehicles | 24 | €6,161 | €4,368 | -€1,793 | -29.1% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €24,090 | €148,582 | +€124,491 | +517% |
| Amounts receivable within one year | 40/41 | €19,588 | €146,766 | +€127,178 | +649% |
| Trade receivables | 40 | €10,404 | €137,311 | +€126,907 | +1,220% |
| Other amounts receivable | 41 | €9,184 | €9,455 | +€271 | +2.9% |
| Cash at bank and in hand | 54/58 | €4,371 | €1,816 | -€2,555 | -58.5% |
| Deferred charges and accrued income | 490/1 | €132 | - | -€132 | |
| Total equity and liabilities | 10/49 | €34,250 | €156,250 | +€122,000 | +356% |
| Equity | 10/15 | -€72,260 | -€54,668 | +€17,592 | +24.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€75,260 | -€57,668 | +€17,592 | +23.4% |
| Amounts payable | 17/49 | €106,511 | €210,919 | +€104,408 | +98.0% |
| Amounts payable within one year | 42/48 | €106,511 | €210,919 | +€104,408 | +98.0% |
| Trade debts | 44 | €23,711 | €81,378 | +€57,667 | +243% |
| Suppliers | 440/4 | €23,711 | €81,378 | +€57,667 | +243% |
| Taxes, remuneration and social security | 45 | €4,594 | €8,304 | +€3,709 | +80.7% |
| Taxes | 450/3 | - | €4,802 | +€4,802 | |
| Remuneration and social security | 454/9 | €4,594 | €3,501 | -€1,093 | -23.8% |
| Other amounts payable | 47/48 | €78,205 | €121,237 | +€43,032 | +55.0% |
| Remuneration, social security and pensions | 62 | €152,753 | €108,719 | -€44,034 | -28.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,331 | €2,491 | +€160 | +6.9% |
| Other operating charges | 640/8 | €4,729 | €73,078 | +€68,349 | +1,445% |
| Gross operating margin | 9900 | €171,180 | €209,549 | +€38,370 | +22.4% |
| Operating profit (loss) | 9901 | €11,366 | €25,261 | +€13,895 | +122% |
| Financial charges | 65/66B | €5,913 | €7,669 | +€1,756 | +29.7% |
| Recurring financial charges | 65 | €5,913 | €7,669 | +€1,756 | +29.7% |
| Profit (loss) for the period before taxes | 9903 | €5,453 | €17,592 | +€12,139 | +223% |
| Profit (loss) for the period | 9904 | €5,453 | €17,592 | +€12,139 | +223% |
| Profit (loss) for the period to be appropriated | 9905 | €5,453 | €17,592 | +€12,139 | +223% |
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.