TRIOGRAPHIC: what changed
Two fiscal 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.
TRIOGRAPHIC
Largest movements
- Cash +€29,245
up €29,245 (+42.7%), from €68,462 to €97,707
mainly Net result for the year (+€17,172) and Receivables within one year (+€15,016)
- Receivables within one year -€15,016
down €15,016 (-45.5%), from €32,975 to €17,959
of which Other amounts receivable: -€9,572
- Reserves +€14,619
up €14,619 (+22.9%), from €63,730 to €78,349
of which Distributable reserves: +€15,000
- Trade debts +€6,764
up €6,764 (+433.7%), from €1,560 to €8,324
- Tax, wage and social debts -€4,617
down €4,617 (-37.0%), from €12,489 to €7,872
of which Remuneration and social security: -€3,900
- Profit (loss) carried forward +€2,553
up €2,553 (+5.7%), from €44,593 to €47,147
- Debts after one year -€2,440
down €2,440 (-97.6%), from €2,500 to €60
- Gross operating margin +€39,943
up €39,943 (+668.4%), from €5,976 to €45,919
- Taxes +€10,089
up €10,089 (+1770.4%), from €570 to €10,659
- Financial charges +€543
up €543 (+83.3%), from €653 to €1,196
- Financial income +€530
up €530, from €0 to €530
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 | €173,778 | €188,070 | +€14,291 | +8.2% |
| Fixed assets | 21/28 | €71,984 | €72,360 | +€375 | +0.5% |
| Tangible fixed assets | 22/27 | €71,910 | €72,285 | +€375 | +0.5% |
| Land and buildings | 22 | €68,134 | €62,770 | -€5,364 | -7.9% |
| Plant, machinery and equipment | 23 | €703 | - | -€703 | |
| Furniture and vehicles | 24 | €3,073 | €9,515 | +€6,442 | +209.6% |
| Financial fixed assets | 28 | €74 | €74 | = | 0.0% |
| Current assets | 29/58 | €101,794 | €115,710 | +€13,916 | +13.7% |
| Amounts receivable within one year | 40/41 | €32,975 | €17,959 | -€15,016 | -45.5% |
| Trade receivables | 40 | €23,080 | €17,636 | -€5,444 | -23.6% |
| Other amounts receivable | 41 | €9,895 | €323 | -€9,572 | -96.7% |
| Cash at bank and in hand | 54/58 | €68,462 | €97,707 | +€29,245 | +42.7% |
| Deferred charges and accrued income | 490/1 | €357 | €44 | -€313 | -87.6% |
| Total equity and liabilities | 10/49 | €173,778 | €188,070 | +€14,291 | +8.2% |
| Equity | 10/15 | €126,915 | €144,087 | +€17,172 | +13.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €63,730 | €78,349 | +€14,619 | +22.9% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,370 | €7,990 | -€381 | -4.5% |
| Distributable reserves | 133 | €53,500 | €68,500 | +€15,000 | +28.0% |
| Profit (loss) carried forward | 14 | €44,593 | €47,147 | +€2,553 | +5.7% |
| Provisions and deferred taxes | 16 | €4,310 | €4,114 | -€196 | -4.5% |
| Deferred taxes | 168 | €4,310 | €4,114 | -€196 | -4.5% |
| Amounts payable | 17/49 | €42,553 | €39,868 | -€2,685 | -6.3% |
| Amounts payable after more than one year | 17 | €2,500 | €60 | -€2,440 | -97.6% |
| Other amounts payable | 178/9 | €2,500 | €60 | -€2,440 | -97.6% |
| Amounts payable within one year | 42/48 | €40,053 | €39,808 | -€245 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,560 | €8,324 | +€6,764 | +433.7% |
| Suppliers | 440/4 | €1,560 | €8,324 | +€6,764 | +433.7% |
| Taxes, remuneration and social security | 45 | €12,489 | €7,872 | -€4,617 | -37.0% |
| Taxes | 450/3 | €8,589 | €7,872 | -€717 | -8.3% |
| Remuneration and social security | 454/9 | €3,900 | - | -€3,900 | |
| Other amounts payable | 47/48 | €26,005 | €23,612 | -€2,393 | -9.2% |
| Remuneration, social security and pensions | 62 | €118 | - | -€118 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,382 | €7,596 | +€214 | +2.9% |
| Other operating charges | 640/8 | €2,028 | €1,990 | -€38 | -1.9% |
| Non-recurring operating charges | 66A | - | €8,031 | +€8,031 | |
| Gross operating margin | 9900 | €5,976 | €45,919 | +€39,943 | +668.4% |
| Operating profit (loss) | 9901 | -€3,552 | €28,301 | +€31,853 | |
| Financial income | 75/76B | €0 | €530 | +€530 | |
| Recurring financial income | 75 | €0 | €530 | +€530 | |
| Financial charges | 65/66B | €653 | €1,196 | +€543 | +83.3% |
| Recurring financial charges | 65 | €653 | €1,196 | +€543 | +83.3% |
| Profit (loss) for the period before taxes | 9903 | -€4,204 | €27,636 | +€31,840 | |
| Transfer from deferred taxes | 780 | €196 | €196 | +€0 | +0.1% |
| Income taxes | 67/77 | €570 | €10,659 | +€10,089 | +1770.4% |
| Profit (loss) for the period | 9904 | -€4,578 | €17,172 | +€21,751 | |
| Transfer from tax-exempt reserves | 789 | €380 | €381 | +€0 | +0.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,198 | €17,553 | +€21,751 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.