TRUE DATA: 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.
TRUE DATA
Largest movements
- Cash +€1,431
up €1,431 (+37.4%), from €3,830 to €5,261
mainly Net result for the year (+€1,935) and Tax, wage and social debts (+€69)
- Profit (loss) carried forward +€1,935
up €1,935 (+72.8%), from €2,659 to €4,594
- Trade debts -€454
no longer reported in 2025 (was €454)
- Other debts -€101
no longer reported in 2025 (was €101)
- Tax, wage and social debts +€69
up €69 (+9.5%), from €726 to €795
- Other operating charges -€933
no longer reported in 2025 (was €933)
- Depreciation -€351
no longer reported in 2025 (was €351)
- Gross operating margin -€272
down €272 (-9.7%), from €2,795 to €2,523
- Taxes -€60
down €60 (-11.0%), from €544 to €484
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 | €3,939 | €5,389 | +€1,450 | +36.8% |
| Current assets | 29/58 | €3,939 | €5,389 | +€1,450 | +36.8% |
| Amounts receivable within one year | 40/41 | €110 | €128 | +€18 | +16.7% |
| Trade receivables | 40 | €105 | €121 | +€16 | +15.2% |
| Other amounts receivable | 41 | €5 | €7 | +€2 | +50.0% |
| Cash at bank and in hand | 54/58 | €3,830 | €5,261 | +€1,431 | +37.4% |
| Total equity and liabilities | 10/49 | €3,939 | €5,389 | +€1,450 | +36.8% |
| Equity | 10/15 | €2,659 | €4,594 | +€1,935 | +72.8% |
| Profit (loss) carried forward | 14 | €2,659 | €4,594 | +€1,935 | +72.8% |
| Amounts payable | 17/49 | €1,280 | €795 | -€485 | -37.9% |
| Amounts payable within one year | 42/48 | €1,280 | €795 | -€485 | -37.9% |
| Trade debts | 44 | €454 | - | -€454 | |
| Suppliers | 440/4 | €454 | - | -€454 | |
| Taxes, remuneration and social security | 45 | €726 | €795 | +€69 | +9.5% |
| Taxes | 450/3 | €726 | €795 | +€69 | +9.5% |
| Other amounts payable | 47/48 | €101 | - | -€101 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €351 | - | -€351 | |
| Other operating charges | 640/8 | €933 | - | -€933 | |
| Gross operating margin | 9900 | €2,795 | €2,523 | -€272 | -9.7% |
| Operating profit (loss) | 9901 | €1,510 | €2,523 | +€1,013 | +67.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €118 | €104 | -€14 | -11.7% |
| Recurring financial charges | 65 | €118 | €104 | -€14 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €1,392 | €2,419 | +€1,027 | +73.7% |
| Income taxes | 67/77 | €544 | €484 | -€60 | -11.0% |
| Profit (loss) for the period | 9904 | €849 | €1,935 | +€1,086 | +128.0% |
| Profit (loss) for the period to be appropriated | 9905 | €849 | €1,935 | +€1,086 | +128.0% |
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 30 September 2026 via checked.be.