THINK BIG: 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.
THINK BIG
Largest movements
- Receivables within one year +€52,106
up €52,106 (+69.4%), from €75,095 to €127,202
of which Other amounts receivable: +€27,839
- Cash -€6,664
down €6,664 (-12.2%), from €54,517 to €47,853
mainly Receivables within one year (-€52,106) and Other debts (-€36,516)
- Deferred charges and accrued income +€6,328
up €6,328 (+86.9%), from €7,282 to €13,610
- Other debts -€36,516
down €36,516 (-90.8%), from €40,199 to €3,683
- Trade debts +€30,924
up €30,924 (+637%), from €4,854 to €35,779
- Profit (loss) carried forward +€23,933
up €23,933 (+35.7%), from €67,124 to €91,057
- Tax, wage and social debts +€23,303
up €23,303 (+129%), from €18,109 to €41,411
of which Remuneration and social security: +€24,620
- Debts after one year +€6,819
up €6,819 (+18.0%), from €37,886 to €44,706
- Staff costs +€60,938
up €60,938 (+71.8%), from €84,839 to €145,777
- Gross operating margin +€41,529
up €41,529 (+25.7%), from €161,476 to €203,005
- Depreciation +€6,231
up €6,231 (+36.1%), from €17,245 to €23,475
- Taxes -€6,078
down €6,078 (-73.6%), from €8,259 to €2,180
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 | €192,218 | €244,744 | +€52,526 | +27.3% |
| Fixed assets | 21/28 | €55,324 | €56,080 | +€755 | +1.4% |
| Tangible fixed assets | 22/27 | €54,624 | €55,580 | +€955 | +1.7% |
| Plant, machinery and equipment | 23 | €9,933 | €7,551 | -€2,382 | -24.0% |
| Furniture and vehicles | 24 | €39,438 | €40,719 | +€1,280 | +3.2% |
| Other tangible fixed assets | 26 | €5,253 | €7,310 | +€2,057 | +39.2% |
| Financial fixed assets | 28 | €700 | €500 | -€200 | -28.6% |
| Current assets | 29/58 | €136,894 | €188,664 | +€51,771 | +37.8% |
| Amounts receivable within one year | 40/41 | €75,095 | €127,202 | +€52,106 | +69.4% |
| Trade receivables | 40 | €73,354 | €97,621 | +€24,267 | +33.1% |
| Other amounts receivable | 41 | €1,741 | €29,581 | +€27,839 | +1,599% |
| Cash at bank and in hand | 54/58 | €54,517 | €47,853 | -€6,664 | -12.2% |
| Deferred charges and accrued income | 490/1 | €7,282 | €13,610 | +€6,328 | +86.9% |
| Total equity and liabilities | 10/49 | €192,218 | €244,744 | +€52,526 | +27.3% |
| Equity | 10/15 | €85,978 | €109,911 | +€23,933 | +27.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €304 | €304 | = | 0.0% |
| Distributable reserves | 133 | €304 | €304 | = | 0.0% |
| Profit (loss) carried forward | 14 | €67,124 | €91,057 | +€23,933 | +35.7% |
| Amounts payable | 17/49 | €106,241 | €134,833 | +€28,593 | +26.9% |
| Amounts payable after more than one year | 17 | €37,886 | €44,706 | +€6,819 | +18.0% |
| Financial debts | 170/4 | €37,886 | €44,706 | +€6,819 | +18.0% |
| Amounts payable within one year | 42/48 | €68,354 | €90,128 | +€21,773 | +31.9% |
| Current portion of amounts payable after more than one year | 42 | €5,192 | €9,255 | +€4,063 | +78.3% |
| Trade debts | 44 | €4,854 | €35,779 | +€30,924 | +637% |
| Suppliers | 440/4 | €4,854 | €35,779 | +€30,924 | +637% |
| Taxes, remuneration and social security | 45 | €18,109 | €41,411 | +€23,303 | +129% |
| Taxes | 450/3 | €9,449 | €8,131 | -€1,318 | -13.9% |
| Remuneration and social security | 454/9 | €8,659 | €33,280 | +€24,620 | +284% |
| Other amounts payable | 47/48 | €40,199 | €3,683 | -€36,516 | -90.8% |
| Remuneration, social security and pensions | 62 | €84,839 | €145,777 | +€60,938 | +71.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,245 | €23,475 | +€6,231 | +36.1% |
| Other operating charges | 640/8 | €1,467 | €1,419 | -€48 | -3.3% |
| Gross operating margin | 9900 | €161,476 | €203,005 | +€41,529 | +25.7% |
| Operating profit (loss) | 9901 | €57,925 | €32,334 | -€25,591 | -44.2% |
| Financial income | 75/76B | €16 | - | -€16 | |
| Recurring financial income | 75 | €16 | - | -€16 | |
| Financial charges | 65/66B | €4,851 | €6,221 | +€1,369 | +28.2% |
| Recurring financial charges | 65 | €4,851 | €6,221 | +€1,369 | +28.2% |
| Profit (loss) for the period before taxes | 9903 | €53,090 | €26,114 | -€26,976 | -50.8% |
| Income taxes | 67/77 | €8,259 | €2,180 | -€6,078 | -73.6% |
| Profit (loss) for the period | 9904 | €44,831 | €23,933 | -€20,898 | -46.6% |
| Profit (loss) for the period to be appropriated | 9905 | €44,831 | €23,933 | -€20,898 | -46.6% |
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 16 October 2026 via checked.be.