TOM ANDRIES: 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.
TOM ANDRIES
Largest movements
- Cash +€14,313
up €14,313 (+111%), from €12,908 to €27,221
mainly Trade debts (+€8,433) and Net result for the year (+€8,113)
- Receivables within one year +€10,432
up €10,432 (+60.4%), from €17,283 to €27,714
of which Trade receivables: +€12,774
- Stocks and contracts -€2,425
down €2,425 (-13.3%), from €18,232 to €15,808
- Tangible fixed assets +€2,068
up €2,068 (+12.7%), from €16,237 to €18,304
of which Other tangible fixed assets: +€4,168
- Trade debts +€8,433
up €8,433 (+608%), from €1,386 to €9,819
- Profit (loss) carried forward +€8,113
up €8,113 (+72.6%), from €11,175 to €19,287
- Tax, wage and social debts +€4,736
up €4,736 (+1,339%), from €354 to €5,090
- Other debts +€2,502
up €2,502 (+11.1%), from €22,542 to €25,044
- Gross operating margin +€19,469
up €19,469 (+1,224%), from €1,591 to €21,060
- Taxes +€2,889
up €2,889 (+935%), from €309 to €3,198
- Depreciation -€619
down €619 (-8.3%), from €7,490 to €6,871
- Financial charges -€386
down €386 (-18.0%), from €2,149 to €1,763
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 | €69,811 | €93,578 | +€23,767 | +34.0% |
| Fixed assets | 21/28 | €18,906 | €20,061 | +€1,155 | +6.1% |
| Intangible fixed assets | 21 | €2,669 | €1,757 | -€913 | -34.2% |
| Tangible fixed assets | 22/27 | €16,237 | €18,304 | +€2,068 | +12.7% |
| Furniture and vehicles | 24 | €12,636 | €10,535 | -€2,100 | -16.6% |
| Other tangible fixed assets | 26 | €3,601 | €7,769 | +€4,168 | +116% |
| Current assets | 29/58 | €50,905 | €73,517 | +€22,612 | +44.4% |
| Stocks and contracts in progress | 3 | €18,232 | €15,808 | -€2,425 | -13.3% |
| Stocks | 30/36 | €18,232 | €15,808 | -€2,425 | -13.3% |
| Amounts receivable within one year | 40/41 | €17,283 | €27,714 | +€10,432 | +60.4% |
| Trade receivables | 40 | €13,339 | €26,113 | +€12,774 | +95.8% |
| Other amounts receivable | 41 | €3,944 | €1,602 | -€2,342 | -59.4% |
| Cash at bank and in hand | 54/58 | €12,908 | €27,221 | +€14,313 | +111% |
| Deferred charges and accrued income | 490/1 | €2,483 | €2,774 | +€292 | +11.7% |
| Total equity and liabilities | 10/49 | €69,811 | €93,578 | +€23,767 | +34.0% |
| Equity | 10/15 | €43,435 | €51,547 | +€8,113 | +18.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €19,860 | €19,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,000 | €9,000 | = | 0.0% |
| Distributable reserves | 133 | €10,860 | €10,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,175 | €19,287 | +€8,113 | +72.6% |
| Amounts payable | 17/49 | €26,376 | €42,031 | +€15,655 | +59.4% |
| Amounts payable within one year | 42/48 | €24,282 | €39,953 | +€15,671 | +64.5% |
| Trade debts | 44 | €1,386 | €9,819 | +€8,433 | +608% |
| Suppliers | 440/4 | €1,386 | €9,819 | +€8,433 | +608% |
| Taxes, remuneration and social security | 45 | €354 | €5,090 | +€4,736 | +1,339% |
| Taxes | 450/3 | €354 | €5,090 | +€4,736 | +1,339% |
| Other amounts payable | 47/48 | €22,542 | €25,044 | +€2,502 | +11.1% |
| Accrued charges and deferred income | 492/3 | €2,094 | €2,078 | -€16 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,490 | €6,871 | -€619 | -8.3% |
| Other operating charges | 640/8 | €935 | €1,116 | +€181 | +19.3% |
| Gross operating margin | 9900 | €1,591 | €21,060 | +€19,469 | +1,224% |
| Operating profit (loss) | 9901 | -€6,834 | €13,073 | +€19,908 | |
| Financial income | 75/76B | €97 | €0 | -€97 | -100% |
| Recurring financial income | 75 | €97 | €0 | -€97 | -100% |
| Financial charges | 65/66B | €2,149 | €1,763 | -€386 | -18.0% |
| Recurring financial charges | 65 | €2,149 | €1,763 | -€386 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | -€8,886 | €11,311 | +€20,197 | |
| Income taxes | 67/77 | €309 | €3,198 | +€2,889 | +935% |
| Profit (loss) for the period | 9904 | -€9,195 | €8,113 | +€17,308 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,195 | €8,113 | +€17,308 |
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 15 October 2026 via checked.be.