TOGETHR: 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.
TOGETHR
Largest movements
- Receivables within one year +€38,130
up €38,130 (+35.1%), from €108,750 to €146,880
of which Trade receivables: +€44,813
- Cash +€15,892
up €15,892 (+2,936%), from €541 to €16,433
mainly Other debts (+€82,000) and Net result for the year (+€32,971)
- Other debts +€82,000
new in 2025: €82,000
- Profit (loss) carried forward -€49,029
down €49,029 (-47.7%), from €102,875 to €53,846
- Short-term financial debts +€12,000
new in 2025: €12,000
- Tax, wage and social debts +€3,676
up €3,676 (+35.3%), from €10,417 to €14,094
of which Remuneration and social security: +€3,462
- Trade debts +€2,791
up €2,791 (+13.3%), from €20,962 to €23,754
- Staff costs +€39,809
new in 2025: €39,809
- Gross operating margin +€21,355
up €21,355 (+33.4%), from €63,964 to €85,319
- Taxes -€3,122
down €3,122 (-23.3%), from €13,396 to €10,274
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 | €154,715 | €206,153 | +€51,438 | +33.2% |
| Fixed assets | 21/28 | €2,526 | €1,284 | -€1,241 | -49.1% |
| Tangible fixed assets | 22/27 | €2,436 | €1,194 | -€1,241 | -51.0% |
| Plant, machinery and equipment | 23 | €1,894 | €1,115 | -€779 | -41.1% |
| Furniture and vehicles | 24 | €542 | €80 | -€463 | -85.3% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €152,189 | €204,869 | +€52,680 | +34.6% |
| Amounts receivable after more than one year | 29 | €29,540 | €28,030 | -€1,510 | -5.1% |
| Other amounts receivable | 291 | €29,540 | €28,030 | -€1,510 | -5.1% |
| Amounts receivable within one year | 40/41 | €108,750 | €146,880 | +€38,130 | +35.1% |
| Trade receivables | 40 | €63,808 | €108,621 | +€44,813 | +70.2% |
| Other amounts receivable | 41 | €44,942 | €38,259 | -€6,683 | -14.9% |
| Current investments | 50/53 | €10,000 | €10,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €541 | €16,433 | +€15,892 | +2,936% |
| Deferred charges and accrued income | 490/1 | €3,358 | €3,525 | +€167 | +5.0% |
| Total equity and liabilities | 10/49 | €154,715 | €206,153 | +€51,438 | +33.2% |
| Equity | 10/15 | €123,335 | €74,306 | -€49,029 | -39.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €102,875 | €53,846 | -€49,029 | -47.7% |
| Amounts payable | 17/49 | €31,379 | €131,847 | +€100,468 | +320% |
| Amounts payable within one year | 42/48 | €31,379 | €131,847 | +€100,468 | +320% |
| Financial debts | 43 | - | €12,000 | +€12,000 | |
| Credit institutions | 430/8 | - | €12,000 | +€12,000 | |
| Trade debts | 44 | €20,962 | €23,754 | +€2,791 | +13.3% |
| Suppliers | 440/4 | €20,962 | €23,754 | +€2,791 | +13.3% |
| Taxes, remuneration and social security | 45 | €10,417 | €14,094 | +€3,676 | +35.3% |
| Taxes | 450/3 | €8,467 | €8,681 | +€214 | +2.5% |
| Remuneration and social security | 454/9 | €1,950 | €5,412 | +€3,462 | +178% |
| Other amounts payable | 47/48 | - | €82,000 | +€82,000 | |
| Remuneration, social security and pensions | 62 | - | €39,809 | +€39,809 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,701 | €1,601 | -€100 | -5.9% |
| Other operating charges | 640/8 | €1,697 | €899 | -€797 | -47.0% |
| Gross operating margin | 9900 | €63,964 | €85,319 | +€21,355 | +33.4% |
| Operating profit (loss) | 9901 | €60,566 | €43,010 | -€17,556 | -29.0% |
| Financial income | 75/76B | €1,261 | €742 | -€519 | -41.1% |
| Recurring financial income | 75 | €1,261 | €742 | -€519 | -41.1% |
| Financial charges | 65/66B | €1,146 | €507 | -€639 | -55.7% |
| Recurring financial charges | 65 | €1,146 | €507 | -€639 | -55.7% |
| Profit (loss) for the period before taxes | 9903 | €60,681 | €43,245 | -€17,436 | -28.7% |
| Income taxes | 67/77 | €13,396 | €10,274 | -€3,122 | -23.3% |
| Profit (loss) for the period | 9904 | €47,285 | €32,971 | -€14,314 | -30.3% |
| Profit (loss) for the period to be appropriated | 9905 | €47,285 | €32,971 | -€14,314 | -30.3% |
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 13 October 2026 via checked.be.