THINK BEYOND: 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.
What changed
THINK BEYOND
NACE 62.200, Computer consultancy and computer facilities management
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€54,016
2024 · €51,857+€2,159
Equity
€663,903
2024 · €609,887+€54,016
Cash
€45,922
2024 · €36,475+€9,447
Balance sheet total
€1.2m
2024 · €1.0m+€202,441
Largest movements
Assets
- Tangible fixed assets +€135,842
up €135,842 (+13.9%), from €979,753 to €1.1m
of which Land and buildings: +€137,500
- Receivables within one year +€57,147
up €57,147 (+359%), from €15,935 to €73,082
of which Trade receivables: +€56,552
Equity and liabilities
- Debts after one year +€130,000
up €130,000 (+36.1%), from €360,000 to €490,000
- Profit (loss) carried forward +€57,264
up €57,264 (+22.9%), from €249,831 to €307,095
Income statement
- Gross operating margin +€33,938
up €33,938 (+32.5%), from €104,585 to €138,523
- Depreciation +€20,612
up €20,612 (+60.5%), from €34,044 to €54,656
- Taxes +€13,554
up €13,554 (+1,003%), from €1,351 to €14,905
- Other operating charges -€1,639
down €1,639 (-40.7%), from €4,031 to €2,392
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
€51,857
Gross operating margin
+€33,938
Depreciation
-€20,612
Other operating charges
+€1,639
Financial income
+€5
Financial charges
+€742
Taxes
-€13,554
Deferred taxes and other
+€1
Result 2025
€54,016
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€70,403
Investment
-€190,498
Financing
+€129,542
Cash 2024
€36,475
From operations (derived)
+€70,403
Net result for the year
+€54,016
Depreciation
+€54,656
Receivables within one year
-€57,147
Smaller working-capital items
-€394
Provisions
-€1,083
Tax, wage and social debts
+€8,844
Other debts
-€568
Accrued charges and deferred income
+€12,079
Investment (derived)
-€190,498
Investment in fixed assets (net)
-€190,498
Financing
+€129,542
Debts after one year
+€130,000
Short-term financial debts
-€458
Cash 2025
€45,922
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,032,949 | €1,235,390 | +€202,441 | +19.6% |
| Fixed assets | 21/28 | €979,778 | €1,115,620 | +€135,842 | +13.9% |
| Tangible fixed assets | 22/27 | €979,753 | €1,115,595 | +€135,842 | +13.9% |
| Land and buildings | 22 | €974,458 | €1,111,958 | +€137,500 | +14.1% |
| Furniture and vehicles | 24 | €5,295 | €3,637 | -€1,658 | -31.3% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €53,171 | €119,770 | +€66,599 | +125% |
| Amounts receivable within one year | 40/41 | €15,935 | €73,082 | +€57,147 | +359% |
| Trade receivables | 40 | €15,935 | €72,487 | +€56,552 | +355% |
| Other amounts receivable | 41 | - | €595 | +€595 | |
| Cash at bank and in hand | 54/58 | €36,475 | €45,922 | +€9,447 | +25.9% |
| Deferred charges and accrued income | 490/1 | €761 | €766 | +€5 | +0.7% |
| Total equity and liabilities | 10/49 | €1,032,949 | €1,235,390 | +€202,441 | +19.6% |
| Equity | 10/15 | €609,887 | €663,903 | +€54,016 | +8.9% |
| Contributions | 10/11 | €226,197 | €226,197 | = | 0.0% |
| Revaluation surpluses | 12 | €18,400 | €18,400 | = | 0.0% |
| Reserves | 13 | €115,459 | €112,211 | -€3,248 | -2.8% |
| Tax-exempt reserves | 132 | €96,791 | €93,543 | -€3,248 | -3.4% |
| Distributable reserves | 133 | €18,668 | €18,668 | = | 0.0% |
| Profit (loss) carried forward | 14 | €249,831 | €307,095 | +€57,264 | +22.9% |
| Provisions and deferred taxes | 16 | €30,846 | €29,763 | -€1,083 | -3.5% |
| Deferred taxes | 168 | €30,846 | €29,763 | -€1,083 | -3.5% |
| Amounts payable | 17/49 | €392,216 | €541,724 | +€149,508 | +38.1% |
| Amounts payable after more than one year | 17 | €360,000 | €490,000 | +€130,000 | +36.1% |
| Financial debts | 170/4 | €360,000 | €490,000 | +€130,000 | +36.1% |
| Amounts payable within one year | 42/48 | €15,507 | €22,936 | +€7,429 | +47.9% |
| Financial debts | 43 | €565 | €107 | -€458 | -81.1% |
| Credit institutions | 430/8 | €565 | €107 | -€458 | -81.1% |
| Trade debts | 44 | €3,929 | €3,540 | -€389 | -9.9% |
| Suppliers | 440/4 | €3,929 | €3,540 | -€389 | -9.9% |
| Taxes, remuneration and social security | 45 | €7,980 | €16,824 | +€8,844 | +111% |
| Taxes | 450/3 | €7,980 | €16,824 | +€8,844 | +111% |
| Other amounts payable | 47/48 | €3,033 | €2,465 | -€568 | -18.7% |
| Accrued charges and deferred income | 492/3 | €16,709 | €28,788 | +€12,079 | +72.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,044 | €54,656 | +€20,612 | +60.5% |
| Other operating charges | 640/8 | €4,031 | €2,392 | -€1,639 | -40.7% |
| Gross operating margin | 9900 | €104,585 | €138,523 | +€33,938 | +32.5% |
| Operating profit (loss) | 9901 | €66,510 | €81,475 | +€14,965 | +22.5% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €14,384 | €13,642 | -€742 | -5.2% |
| Recurring financial charges | 65 | €14,384 | €13,642 | -€742 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | €52,126 | €67,838 | +€15,712 | +30.1% |
| Transfer from deferred taxes | 780 | €1,082 | €1,083 | +€1 | +0.1% |
| Income taxes | 67/77 | €1,351 | €14,905 | +€13,554 | +1,003% |
| Profit (loss) for the period | 9904 | €51,857 | €54,016 | +€2,159 | +4.2% |
| Transfer from tax-exempt reserves | 789 | €3,248 | €3,248 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €55,105 | €57,264 | +€2,159 | +3.9% |
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 25 October 2026 via checked.be.