TOM EGGERMONT: 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 EGGERMONT
Largest movements
- Deferred charges and accrued income +€11,930
new in 2025: €11,930
- Cash +€11,213
up €11,213 (+263.8%), from €4,251 to €15,465
mainly Other debts (+€15,613) and Depreciation (+€6,463)
- Tangible fixed assets -€1,258
down €1,258 (-12.6%), from €9,995 to €8,736
of which Furniture and vehicles: -€858
- Receivables within one year +€1,142
up €1,142 (+215.4%), from €530 to €1,672
of which Trade receivables: +€1,562
- Other debts +€15,613
up €15,613 (+114.6%), from €13,623 to €29,236
- Profit (loss) carried forward +€4,885
up €4,885 (+19.0%), from -€25,709 to -€20,823
- Tax, wage and social debts +€2,249
new in 2025: €2,249
- Gross operating margin +€30,776
up €30,776, from -€18,557 to €12,219
- Financial charges +€411
up €411 (+243.5%), from €169 to €580
- Depreciation +€409
up €409 (+6.8%), from €6,054 to €6,463
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
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 | €14,776 | €37,803 | +€23,027 | +155.8% |
| Fixed assets | 21/28 | €9,995 | €8,736 | -€1,258 | -12.6% |
| Tangible fixed assets | 22/27 | €9,995 | €8,736 | -€1,258 | -12.6% |
| Furniture and vehicles | 24 | €8,395 | €7,536 | -€858 | -10.2% |
| Other tangible fixed assets | 26 | €1,600 | €1,200 | -€400 | -25.0% |
| Current assets | 29/58 | €4,781 | €29,067 | +€24,285 | +507.9% |
| Amounts receivable within one year | 40/41 | €530 | €1,672 | +€1,142 | +215.4% |
| Trade receivables | 40 | €110 | €1,672 | +€1,562 | +1420.0% |
| Other amounts receivable | 41 | €420 | - | -€420 | |
| Cash at bank and in hand | 54/58 | €4,251 | €15,465 | +€11,213 | +263.8% |
| Deferred charges and accrued income | 490/1 | - | €11,930 | +€11,930 | |
| Total equity and liabilities | 10/49 | €14,776 | €37,803 | +€23,027 | +155.8% |
| Equity | 10/15 | -€9,609 | -€4,723 | +€4,885 | +50.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €12,100 | €12,100 | = | 0.0% |
| Distributable reserves | 133 | €12,100 | €12,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,709 | -€20,823 | +€4,885 | +19.0% |
| Amounts payable | 17/49 | €24,385 | €42,526 | +€18,142 | +74.4% |
| Amounts payable after more than one year | 17 | €10,000 | €10,000 | = | 0.0% |
| Financial debts | 170/4 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €14,385 | €32,526 | +€18,142 | +126.1% |
| Trade debts | 44 | €762 | €1,041 | +€280 | +36.8% |
| Suppliers | 440/4 | €762 | €1,041 | +€280 | +36.8% |
| Taxes, remuneration and social security | 45 | - | €2,249 | +€2,249 | |
| Taxes | 450/3 | - | €2,249 | +€2,249 | |
| Other amounts payable | 47/48 | €13,623 | €29,236 | +€15,613 | +114.6% |
| Non-recurring operating income | 76A | €717 | - | -€717 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,054 | €6,463 | +€409 | +6.8% |
| Other operating charges | 640/8 | €462 | €291 | -€171 | -37.1% |
| Gross operating margin | 9900 | -€18,557 | €12,219 | +€30,776 | |
| Operating profit (loss) | 9901 | -€25,073 | €5,465 | +€30,537 | |
| Financial income | 75/76B | €20 | €1 | -€19 | -95.9% |
| Recurring financial income | 75 | €20 | €1 | -€19 | -95.9% |
| Financial charges | 65/66B | €169 | €580 | +€411 | +243.5% |
| Recurring financial charges | 65 | €169 | €580 | +€411 | +243.5% |
| Profit (loss) for the period before taxes | 9903 | -€25,221 | €4,885 | +€30,107 | |
| Profit (loss) for the period | 9904 | -€25,221 | €4,885 | +€30,107 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,221 | €4,885 | +€30,107 |
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 11 October 2026 via checked.be.