TRENDSLATIONS: 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.
TRENDSLATIONS
Largest movements
- Receivables within one year +€7,464
up €7,464 (+53.9%), from €13,835 to €21,299
of which Trade receivables: +€7,297
- Cash -€7,349
down €7,349 (-50.4%), from €14,586 to €7,237
mainly Receivables within one year (-€7,464) and Investment in fixed assets (net) (-€2,896)
- Deferred charges and accrued income +€2,176
up €2,176 (+2,957%), from €74 to €2,250
- Intangible fixed assets -€462
down €462 (-30.7%), from €1,505 to €1,043
- Other debts -€2,253
down €2,253 (-42.6%), from €5,285 to €3,032
- Tax, wage and social debts +€2,178
up €2,178 (+39.7%), from €5,480 to €7,658
of which Taxes: +€2,178
- Profit (loss) carried forward +€1,235
up €1,235 (+7.1%), from €17,426 to €18,661
- Trade debts +€603
up €603 (+12.6%), from €4,768 to €5,371
- Gross operating margin +€13,124
up €13,124, from -€3,583 to €9,541
- Write-downs +€2,736
up €2,736, from -€2,394 to €342
- Taxes +€1,835
up €1,835 (+5,555%), from €33 to €1,868
- Financial income +€1,041
up €1,041 (+173,428%), from €1 to €1,041
- Depreciation +€1,022
up €1,022 (+42.5%), from €2,403 to €3,424
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 | €35,958 | €37,721 | +€1,763 | +4.9% |
| Fixed assets | 21/28 | €7,464 | €6,936 | -€528 | -7.1% |
| Intangible fixed assets | 21 | €1,505 | €1,043 | -€462 | -30.7% |
| Tangible fixed assets | 22/27 | €5,809 | €5,743 | -€66 | -1.1% |
| Furniture and vehicles | 24 | €3,314 | €5,743 | +€2,429 | +73.3% |
| Other tangible fixed assets | 26 | €2,495 | €0 | -€2,495 | -100% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €28,494 | €30,785 | +€2,291 | +8.0% |
| Amounts receivable within one year | 40/41 | €13,835 | €21,299 | +€7,464 | +53.9% |
| Trade receivables | 40 | €13,251 | €20,548 | +€7,297 | +55.1% |
| Other amounts receivable | 41 | €584 | €751 | +€166 | +28.5% |
| Cash at bank and in hand | 54/58 | €14,586 | €7,237 | -€7,349 | -50.4% |
| Deferred charges and accrued income | 490/1 | €74 | €2,250 | +€2,176 | +2,957% |
| Total equity and liabilities | 10/49 | €35,958 | €37,721 | +€1,763 | +4.9% |
| Equity | 10/15 | €20,426 | €21,661 | +€1,235 | +6.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,426 | €18,661 | +€1,235 | +7.1% |
| Amounts payable | 17/49 | €15,532 | €16,060 | +€528 | +3.4% |
| Amounts payable within one year | 42/48 | €15,532 | €16,060 | +€528 | +3.4% |
| Trade debts | 44 | €4,768 | €5,371 | +€603 | +12.6% |
| Suppliers | 440/4 | €4,768 | €5,371 | +€603 | +12.6% |
| Taxes, remuneration and social security | 45 | €5,480 | €7,658 | +€2,178 | +39.7% |
| Taxes | 450/3 | €3,980 | €6,158 | +€2,178 | +54.7% |
| Remuneration and social security | 454/9 | €1,500 | €1,500 | = | 0.0% |
| Other amounts payable | 47/48 | €5,285 | €3,032 | -€2,253 | -42.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,403 | €3,424 | +€1,022 | +42.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,394 | €342 | +€2,736 | |
| Other operating charges | 640/8 | €2,567 | €1,696 | -€871 | -33.9% |
| Non-recurring operating charges | 66A | - | €1,604 | +€1,604 | |
| Gross operating margin | 9900 | -€3,583 | €9,541 | +€13,124 | |
| Operating profit (loss) | 9901 | -€6,158 | €2,475 | +€8,634 | |
| Financial income | 75/76B | €1 | €1,041 | +€1,041 | +173,428% |
| Recurring financial income | 75 | €1 | €1,041 | +€1,041 | +173,428% |
| Financial charges | 65/66B | €498 | €413 | -€85 | -17.1% |
| Recurring financial charges | 65 | €498 | €413 | -€85 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | -€6,656 | €3,104 | +€9,760 | |
| Income taxes | 67/77 | €33 | €1,868 | +€1,835 | +5,555% |
| Profit (loss) for the period | 9904 | -€6,689 | €1,235 | +€7,924 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,689 | €1,235 | +€7,924 |
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.