The Interpreter: 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.
The Interpreter
Largest movements
- Cash +€8,091
up €8,091 (+150.1%), from €5,392 to €13,483
mainly Net result for the year (+€8,215) and Tax, wage and social debts (+€867)
- Deferred charges and accrued income +€892
up €892 (+207.1%), from €431 to €1,323
- Financial fixed assets +€300
new in 2025: €300
- Reserves +€8,215
up €8,215 (+85.4%), from €9,622 to €17,838
- Tax, wage and social debts +€867
up €867 (+29.8%), from €2,910 to €3,777
- Trade debts +€267
up €267 (+151.8%), from €176 to €443
- Gross operating margin -€1,115
down €1,115 (-8.3%), from €13,369 to €12,254
- Taxes -€910
down €910 (-25.2%), from €3,605 to €2,695
- Other operating charges +€885
up €885 (+749.7%), from €118 to €1,003
- Financial charges +€318
up €318 (+1348.2%), from €24 to €342
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,639 | €25,879 | +€9,240 | +55.5% |
| Fixed assets | 21/28 | - | €300 | +€300 | |
| Financial fixed assets | 28 | - | €300 | +€300 | |
| Current assets | 29/58 | €16,639 | €25,579 | +€8,940 | +53.7% |
| Amounts receivable within one year | 40/41 | €10,816 | €10,773 | -€43 | -0.4% |
| Trade receivables | 40 | €9,421 | €10,773 | +€1,353 | +14.4% |
| Other amounts receivable | 41 | €1,395 | €0 | -€1,395 | -100.0% |
| Cash at bank and in hand | 54/58 | €5,392 | €13,483 | +€8,091 | +150.1% |
| Deferred charges and accrued income | 490/1 | €431 | €1,323 | +€892 | +207.1% |
| Total equity and liabilities | 10/49 | €16,639 | €25,879 | +€9,240 | +55.5% |
| Equity | 10/15 | €12,122 | €20,338 | +€8,215 | +67.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €9,622 | €17,838 | +€8,215 | +85.4% |
| Distributable reserves | 133 | €9,622 | €17,838 | +€8,215 | +85.4% |
| Amounts payable | 17/49 | €4,517 | €5,542 | +€1,025 | +22.7% |
| Amounts payable within one year | 42/48 | €4,517 | €5,441 | +€924 | +20.5% |
| Trade debts | 44 | €176 | €443 | +€267 | +151.8% |
| Suppliers | 440/4 | €176 | €443 | +€267 | +151.8% |
| Taxes, remuneration and social security | 45 | €2,910 | €3,777 | +€867 | +29.8% |
| Taxes | 450/3 | €2,910 | €3,777 | +€867 | +29.8% |
| Other amounts payable | 47/48 | €1,431 | €1,221 | -€210 | -14.7% |
| Accrued charges and deferred income | 492/3 | - | €101 | +€101 | |
| Other operating charges | 640/8 | €118 | €1,003 | +€885 | +749.7% |
| Gross operating margin | 9900 | €13,369 | €12,254 | -€1,115 | -8.3% |
| Operating profit (loss) | 9901 | €13,251 | €11,251 | -€2,000 | -15.1% |
| Financial income | 75/76B | €0 | €2 | +€2 | +7900.0% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +7900.0% |
| Financial charges | 65/66B | €24 | €342 | +€318 | +1348.2% |
| Recurring financial charges | 65 | €24 | €342 | +€318 | +1348.2% |
| Profit (loss) for the period before taxes | 9903 | €13,227 | €10,911 | -€2,316 | -17.5% |
| Income taxes | 67/77 | €3,605 | €2,695 | -€910 | -25.2% |
| Profit (loss) for the period | 9904 | €9,622 | €8,215 | -€1,407 | -14.6% |
| Profit (loss) for the period to be appropriated | 9905 | €9,622 | €8,215 | -€1,407 | -14.6% |
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 1 October 2026 via checked.be.