THINK DATA: 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 DATA
Largest movements
- Cash +€69,968
up €69,968 (+41.0%), from €170,834 to €240,802
mainly Net result for the year (+€69,850) and Other debts (+€20,582)
- Reserves +€49,868
up €49,868 (+32.1%), from €155,349 to €205,217
of which Distributable reserves: +€49,868
- Other debts +€20,582
up €20,582 (+190%), from €10,859 to €31,441
- Gross operating margin +€57,899
up €57,899 (+131%), from €44,096 to €101,995
- Taxes +€16,406
up €16,406 (+133%), from €12,313 to €28,719
- Depreciation +€1,317
up €1,317 (+151%), from €872 to €2,189
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 | €203,185 | €276,138 | +€72,953 | +35.9% |
| Fixed assets | 21/28 | €9,050 | €9,826 | +€776 | +8.6% |
| Tangible fixed assets | 22/27 | €9,050 | €9,826 | +€776 | +8.6% |
| Furniture and vehicles | 24 | €9,050 | €9,826 | +€776 | +8.6% |
| Current assets | 29/58 | €194,135 | €266,312 | +€72,177 | +37.2% |
| Amounts receivable within one year | 40/41 | €19,315 | €21,524 | +€2,209 | +11.4% |
| Trade receivables | 40 | €19,255 | €21,473 | +€2,218 | +11.5% |
| Other amounts receivable | 41 | €60 | €52 | -€9 | -14.4% |
| Cash at bank and in hand | 54/58 | €170,834 | €240,802 | +€69,968 | +41.0% |
| Deferred charges and accrued income | 490/1 | €3,986 | €3,986 | = | 0.0% |
| Total equity and liabilities | 10/49 | €203,185 | €276,138 | +€72,953 | +35.9% |
| Equity | 10/15 | €167,749 | €217,617 | +€49,868 | +29.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €155,349 | €205,217 | +€49,868 | +32.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €155,349 | €205,217 | +€49,868 | +32.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €35,437 | €58,521 | +€23,084 | +65.1% |
| Amounts payable within one year | 42/48 | €35,437 | €58,521 | +€23,084 | +65.1% |
| Trade debts | 44 | €2,061 | €2,408 | +€347 | +16.8% |
| Suppliers | 440/4 | €2,061 | €2,408 | +€347 | +16.8% |
| Taxes, remuneration and social security | 45 | €22,516 | €24,671 | +€2,155 | +9.6% |
| Taxes | 450/3 | €22,516 | €24,671 | +€2,155 | +9.6% |
| Other amounts payable | 47/48 | €10,859 | €31,441 | +€20,582 | +190% |
| Non-recurring operating income | 76A | €1,000 | €0 | -€1,000 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €872 | €2,189 | +€1,317 | +151% |
| Other operating charges | 640/8 | €470 | €603 | +€133 | +28.4% |
| Gross operating margin | 9900 | €44,096 | €101,995 | +€57,899 | +131% |
| Operating profit (loss) | 9901 | €42,753 | €99,203 | +€56,449 | +132% |
| Financial income | 75/76B | €82 | €524 | +€441 | +537% |
| Recurring financial income | 75 | €82 | €524 | +€441 | +537% |
| Financial charges | 65/66B | €1,179 | €1,157 | -€22 | -1.8% |
| Recurring financial charges | 65 | €1,179 | €1,157 | -€22 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €41,657 | €98,569 | +€56,912 | +137% |
| Income taxes | 67/77 | €12,313 | €28,719 | +€16,406 | +133% |
| Profit (loss) for the period | 9904 | €29,343 | €69,850 | +€40,507 | +138% |
| Profit (loss) for the period to be appropriated | 9905 | €29,343 | €69,850 | +€40,507 | +138% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.