TOGETHER: 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.
TOGETHER
Largest movements
- Deferred charges and accrued income -€57,994
down €57,994 (-83.5%), from €69,436 to €11,442
- Receivables within one year +€13,764
up €13,764 (+14.5%), from €95,212 to €108,976
of which Other amounts receivable: +€8,309
- Trade debts -€67,872
down €67,872 (-79.0%), from €85,903 to €18,031
- Profit (loss) carried forward +€17,543
up €17,543, from -€17,543 to €0
- Tax, wage and social debts +€10,289
up €10,289 (+90.3%), from €11,397 to €21,685
- Short-term financial debts -€7,088
down €7,088 (-42.9%), from €16,528 to €9,440
- Reserves +€3,765
up €3,765 (+5.9%), from €63,725 to €67,490
- Gross operating margin +€10,832
up €10,832 (+54.0%), from €20,046 to €30,879
- Other operating charges -€578
down €578 (-18.0%), from €3,209 to €2,631
- Financial charges -€497
down €497 (-8.9%), from €5,579 to €5,082
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €166,211 | €123,034 | -€43,177 | -26.0% |
| Fixed assets | 21/28 | €1,563 | €2,616 | +€1,054 | +67.4% |
| Tangible fixed assets | 22/27 | €1,563 | €2,616 | +€1,054 | +67.4% |
| Plant, machinery and equipment | 23 | €1,283 | €2,616 | +€1,333 | +103.9% |
| Furniture and vehicles | 24 | €279 | €0 | -€279 | -100.0% |
| Current assets | 29/58 | €164,648 | €120,417 | -€44,231 | -26.9% |
| Amounts receivable within one year | 40/41 | €95,212 | €108,976 | +€13,764 | +14.5% |
| Trade receivables | 40 | €10,855 | €16,310 | +€5,455 | +50.3% |
| Other amounts receivable | 41 | €84,357 | €92,666 | +€8,309 | +9.8% |
| Deferred charges and accrued income | 490/1 | €69,436 | €11,442 | -€57,994 | -83.5% |
| Total equity and liabilities | 10/49 | €166,211 | €123,034 | -€43,177 | -26.0% |
| Equity | 10/15 | €52,383 | €73,690 | +€21,308 | +40.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €63,725 | €67,490 | +€3,765 | +5.9% |
| Distributable reserves | 133 | €63,725 | €67,490 | +€3,765 | +5.9% |
| Profit (loss) carried forward | 14 | -€17,543 | €0 | +€17,543 | |
| Amounts payable | 17/49 | €113,828 | €49,343 | -€64,485 | -56.7% |
| Amounts payable within one year | 42/48 | €113,828 | €49,156 | -€64,672 | -56.8% |
| Financial debts | 43 | €16,528 | €9,440 | -€7,088 | -42.9% |
| Credit institutions | 430/8 | €16,528 | €9,440 | -€7,088 | -42.9% |
| Trade debts | 44 | €85,903 | €18,031 | -€67,872 | -79.0% |
| Suppliers | 440/4 | €85,903 | €18,031 | -€67,872 | -79.0% |
| Taxes, remuneration and social security | 45 | €11,397 | €21,685 | +€10,289 | +90.3% |
| Taxes | 450/3 | €11,397 | €21,685 | +€10,289 | +90.3% |
| Accrued charges and deferred income | 492/3 | €0 | €188 | +€188 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,272 | €1,276 | +€4 | +0.3% |
| Other operating charges | 640/8 | €3,209 | €2,631 | -€578 | -18.0% |
| Gross operating margin | 9900 | €20,046 | €30,879 | +€10,832 | +54.0% |
| Operating profit (loss) | 9901 | €15,566 | €26,972 | +€11,406 | +73.3% |
| Financial charges | 65/66B | €5,579 | €5,082 | -€497 | -8.9% |
| Recurring financial charges | 65 | €5,579 | €5,082 | -€497 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €9,987 | €21,890 | +€11,903 | +119.2% |
| Income taxes | 67/77 | €666 | €582 | -€84 | -12.7% |
| Profit (loss) for the period | 9904 | €9,320 | €21,308 | +€11,987 | +128.6% |
| Profit (loss) for the period to be appropriated | 9905 | €9,320 | €21,308 | +€11,987 | +128.6% |
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 10 October 2026 via checked.be.