TWO FOR TWO: 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.
TWO FOR TWO
Largest movements
- Cash +€10,300
up €10,300 (+34208.1%), from €30 to €10,330
mainly Other debts (+€14,887) and Trade debts (+€4,201)
- Receivables within one year +€8,725
up €8,725 (+561.8%), from €1,553 to €10,278
of which Trade receivables: +€7,789
- Deferred charges and accrued income +€3,762
new in 2025: €3,762
- Other debts +€14,887
up €14,887 (+31.3%), from €47,625 to €62,512
- Trade debts +€4,201
up €4,201 (+1130.8%), from €371 to €4,572
- Tax, wage and social debts +€1,594
new in 2025: €1,594
- Accrued charges and deferred income +€1,545
new in 2025: €1,545
- Profit (loss) carried forward +€561
up €561 (+1.0%), from -€57,037 to -€56,476
- Gross operating margin +€6,811
up €6,811, from -€1,972 to €4,840
- Staff costs +€3,587
new in 2025: €3,587
- Other operating charges +€613
new in 2025: €613
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 | €9,552 | €32,339 | +€22,787 | +238.6% |
| Current assets | 29/58 | €9,552 | €32,339 | +€22,787 | +238.6% |
| Stocks and contracts in progress | 3 | €7,968 | €7,968 | = | 0.0% |
| Stocks | 30/36 | €7,968 | €7,968 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,553 | €10,278 | +€8,725 | +561.8% |
| Trade receivables | 40 | - | €7,789 | +€7,789 | |
| Other amounts receivable | 41 | €1,553 | €2,489 | +€936 | +60.3% |
| Cash at bank and in hand | 54/58 | €30 | €10,330 | +€10,300 | +34208.1% |
| Deferred charges and accrued income | 490/1 | - | €3,762 | +€3,762 | |
| Total equity and liabilities | 10/49 | €9,552 | €32,339 | +€22,787 | +238.6% |
| Equity | 10/15 | -€38,445 | -€37,884 | +€561 | +1.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,037 | -€56,476 | +€561 | +1.0% |
| Amounts payable | 17/49 | €47,996 | €70,223 | +€22,226 | +46.3% |
| Amounts payable within one year | 42/48 | €47,996 | €68,678 | +€20,682 | +43.1% |
| Trade debts | 44 | €371 | €4,572 | +€4,201 | +1130.8% |
| Suppliers | 440/4 | €371 | €4,572 | +€4,201 | +1130.8% |
| Taxes, remuneration and social security | 45 | - | €1,594 | +€1,594 | |
| Taxes | 450/3 | - | €1,594 | +€1,594 | |
| Other amounts payable | 47/48 | €47,625 | €62,512 | +€14,887 | +31.3% |
| Accrued charges and deferred income | 492/3 | - | €1,545 | +€1,545 | |
| Remuneration, social security and pensions | 62 | - | €3,587 | +€3,587 | |
| Other operating charges | 640/8 | - | €613 | +€613 | |
| Gross operating margin | 9900 | -€1,972 | €4,840 | +€6,811 | |
| Operating profit (loss) | 9901 | -€1,972 | €639 | +€2,611 | |
| Financial charges | 65/66B | €45 | €78 | +€33 | +73.5% |
| Recurring financial charges | 65 | €45 | €78 | +€33 | +73.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,017 | €561 | +€2,577 | |
| Profit (loss) for the period | 9904 | -€2,017 | €561 | +€2,577 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,017 | €561 | +€2,577 |
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 9 October 2026 via checked.be.