Uplifting: 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.
Uplifting
Largest movements
- Cash +€23,832
up €23,832 (+367.2%), from €6,490 to €30,322
mainly Depreciation (+€63,610) and Accrued charges and deferred income (+€16,625)
- Receivables within one year -€9,605
down €9,605 (-46.7%), from €20,572 to €10,967
of which Other amounts receivable: -€10,531
- Debts after one year -€18,874
down €18,874 (-34.7%), from €54,438 to €35,564
- Accrued charges and deferred income +€16,625
up €16,625 (+110.6%), from €15,034 to €31,659
- Profit (loss) carried forward +€13,909
up €13,909 (+30.5%), from €45,569 to €59,478
- Tax, wage and social debts +€6,577
new in 2025: €6,577
- Other debts -€3,207
down €3,207 (-5.1%), from €62,586 to €59,379
- Gross operating margin +€70,798
up €70,798 (+406.3%), from €17,426 to €88,223
- Depreciation +€22,869
up €22,869 (+56.1%), from €40,741 to €63,610
- Financial income -€1,830
down €1,830 (-99.1%), from €1,846 to €17
- Financial charges +€1,287
up €1,287 (+19.5%), from €6,604 to €7,891
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 | €203,422 | €219,208 | +€15,786 | +7.8% |
| Fixed assets | 21/28 | €168,489 | €166,831 | -€1,658 | -1.0% |
| Intangible fixed assets | 21 | €5,658 | €4,486 | -€1,172 | -20.7% |
| Tangible fixed assets | 22/27 | €160,631 | €159,552 | -€1,078 | -0.7% |
| Plant, machinery and equipment | 23 | €150,574 | €142,612 | -€7,963 | -5.3% |
| Furniture and vehicles | 24 | €5,170 | €3,009 | -€2,161 | -41.8% |
| Other tangible fixed assets | 26 | €4,886 | €13,931 | +€9,045 | +185.1% |
| Financial fixed assets | 28 | €2,200 | €2,793 | +€593 | +26.9% |
| Current assets | 29/58 | €34,933 | €52,377 | +€17,444 | +49.9% |
| Stocks and contracts in progress | 3 | €6,008 | €7,492 | +€1,484 | +24.7% |
| Stocks | 30/36 | €6,008 | €7,492 | +€1,484 | +24.7% |
| Amounts receivable within one year | 40/41 | €20,572 | €10,967 | -€9,605 | -46.7% |
| Trade receivables | 40 | €2,833 | €3,759 | +€926 | +32.7% |
| Other amounts receivable | 41 | €17,739 | €7,208 | -€10,531 | -59.4% |
| Cash at bank and in hand | 54/58 | €6,490 | €30,322 | +€23,832 | +367.2% |
| Deferred charges and accrued income | 490/1 | €1,863 | €3,597 | +€1,733 | +93.0% |
| Total equity and liabilities | 10/49 | €203,422 | €219,208 | +€15,786 | +7.8% |
| Equity | 10/15 | €49,569 | €63,478 | +€13,909 | +28.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,569 | €59,478 | +€13,909 | +30.5% |
| Amounts payable | 17/49 | €153,853 | €155,731 | +€1,877 | +1.2% |
| Amounts payable after more than one year | 17 | €54,438 | €35,564 | -€18,874 | -34.7% |
| Financial debts | 170/4 | €54,438 | €35,564 | -€18,874 | -34.7% |
| Amounts payable within one year | 42/48 | €84,382 | €88,508 | +€4,126 | +4.9% |
| Current portion of amounts payable after more than one year | 42 | €18,146 | €18,874 | +€728 | +4.0% |
| Trade debts | 44 | €3,650 | €3,678 | +€28 | +0.8% |
| Suppliers | 440/4 | €3,650 | €3,678 | +€28 | +0.8% |
| Taxes, remuneration and social security | 45 | - | €6,577 | +€6,577 | |
| Taxes | 450/3 | - | €6,577 | +€6,577 | |
| Other amounts payable | 47/48 | €62,586 | €59,379 | -€3,207 | -5.1% |
| Accrued charges and deferred income | 492/3 | €15,034 | €31,659 | +€16,625 | +110.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,741 | €63,610 | +€22,869 | +56.1% |
| Other operating charges | 640/8 | €1,625 | €2,438 | +€813 | +50.0% |
| Gross operating margin | 9900 | €17,426 | €88,223 | +€70,798 | +406.3% |
| Operating profit (loss) | 9901 | -€24,940 | €22,175 | +€47,115 | |
| Financial income | 75/76B | €1,846 | €17 | -€1,830 | -99.1% |
| Recurring financial income | 75 | €1,846 | €17 | -€1,830 | -99.1% |
| Financial charges | 65/66B | €6,604 | €7,891 | +€1,287 | +19.5% |
| Recurring financial charges | 65 | €6,604 | €7,891 | +€1,287 | +19.5% |
| Profit (loss) for the period before taxes | 9903 | -€29,698 | €14,301 | +€43,999 | |
| Income taxes | 67/77 | €313 | €392 | +€79 | +25.1% |
| Profit (loss) for the period | 9904 | -€30,011 | €13,909 | +€43,921 | |
| Profit (loss) for the period to be appropriated | 9905 | -€30,011 | €13,909 | +€43,921 |
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 10 October 2026 via checked.be.