UNMUTE: 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.
UNMUTE
Largest movements
- Cash +€3,891
up €3,891 (+11.7%), from €33,171 to €37,062
mainly Net result for the year (+€11,608) and Tax, wage and social debts (+€2,585)
- Receivables within one year +€1,160
up €1,160 (+386.8%), from €300 to €1,459
- Tangible fixed assets -€944
down €944 (-44.5%), from €2,120 to €1,176
- Deferred charges and accrued income +€615
new in 2025: €615
- Tax, wage and social debts +€2,585
up €2,585 (+59.1%), from €4,376 to €6,960
- Other debts +€1,669
up €1,669 (+16.7%), from €10,016 to €11,684
- Profit (loss) carried forward +€608
up €608 (+101.3%), from €600 to €1,208
- Gross operating margin +€6,465
up €6,465 (+57.7%), from €11,202 to €17,667
- Taxes +€1,594
up €1,594 (+53.9%), from €2,958 to €4,552
- Depreciation +€232
up €232 (+32.6%), from €712 to €944
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 | €35,591 | €40,312 | +€4,722 | +13.3% |
| Fixed assets | 21/28 | €2,120 | €1,176 | -€944 | -44.5% |
| Tangible fixed assets | 22/27 | €2,120 | €1,176 | -€944 | -44.5% |
| Furniture and vehicles | 24 | €2,120 | €1,176 | -€944 | -44.5% |
| Current assets | 29/58 | €33,471 | €39,136 | +€5,666 | +16.9% |
| Amounts receivable within one year | 40/41 | €300 | €1,459 | +€1,160 | +386.8% |
| Trade receivables | 40 | €300 | €1,459 | +€1,160 | +386.8% |
| Cash at bank and in hand | 54/58 | €33,171 | €37,062 | +€3,891 | +11.7% |
| Deferred charges and accrued income | 490/1 | - | €615 | +€615 | |
| Total equity and liabilities | 10/49 | €35,591 | €40,312 | +€4,722 | +13.3% |
| Equity | 10/15 | €21,060 | €21,668 | +€608 | +2.9% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €600 | €1,208 | +€608 | +101.3% |
| Amounts payable | 17/49 | €14,531 | €18,644 | +€4,114 | +28.3% |
| Amounts payable within one year | 42/48 | €14,531 | €18,644 | +€4,114 | +28.3% |
| Trade debts | 44 | €139 | - | -€139 | |
| Suppliers | 440/4 | €139 | - | -€139 | |
| Taxes, remuneration and social security | 45 | €4,376 | €6,960 | +€2,585 | +59.1% |
| Taxes | 450/3 | €4,376 | €6,960 | +€2,585 | +59.1% |
| Other amounts payable | 47/48 | €10,016 | €11,684 | +€1,669 | +16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €712 | €944 | +€232 | +32.6% |
| Other operating charges | 640/8 | €387 | €500 | +€113 | +29.1% |
| Gross operating margin | 9900 | €11,202 | €17,667 | +€6,465 | +57.7% |
| Operating profit (loss) | 9901 | €10,103 | €16,223 | +€6,120 | +60.6% |
| Financial income | 75/76B | - | €8 | +€8 | |
| Recurring financial income | 75 | - | €8 | +€8 | |
| Financial charges | 65/66B | €79 | €71 | -€8 | -10.3% |
| Recurring financial charges | 65 | €79 | €71 | -€8 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | €10,024 | €16,160 | +€6,136 | +61.2% |
| Income taxes | 67/77 | €2,958 | €4,552 | +€1,594 | +53.9% |
| Profit (loss) for the period | 9904 | €7,066 | €11,608 | +€4,542 | +64.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,066 | €11,608 | +€4,542 | +64.3% |
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 8 October 2026 via checked.be.