v double v: 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.
v double v
Largest movements
- Receivables within one year +€69,463
up €69,463 (+287.0%), from €24,200 to €93,663
- Cash +€45,527
up €45,527 (+261.5%), from €17,409 to €62,935
mainly Net result for the year (+€94,626) and Tax, wage and social debts (+€27,955)
- Receivables after one year +€12,500
new in 2025: €12,500
- Reserves +€94,626
up €94,626 (+400.9%), from €23,605 to €118,230
- Tax, wage and social debts +€27,955
up €27,955 (+231.4%), from €12,082 to €40,037
- Other debts +€2,137
up €2,137 (+23.8%), from €8,971 to €11,108
- Gross operating margin +€90,868
up €90,868 (+286.0%), from €31,773 to €122,641
- Taxes +€19,462
up €19,462 (+309.4%), from €6,290 to €25,752
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 | €46,793 | €173,063 | +€126,270 | +269.8% |
| Current assets | 29/58 | €46,793 | €173,063 | +€126,270 | +269.8% |
| Amounts receivable after more than one year | 29 | - | €12,500 | +€12,500 | |
| Other amounts receivable | 291 | - | €12,500 | +€12,500 | |
| Amounts receivable within one year | 40/41 | €24,200 | €93,663 | +€69,463 | +287.0% |
| Trade receivables | 40 | €24,200 | €93,663 | +€69,463 | +287.0% |
| Cash at bank and in hand | 54/58 | €17,409 | €62,935 | +€45,527 | +261.5% |
| Deferred charges and accrued income | 490/1 | €5,185 | €3,965 | -€1,220 | -23.5% |
| Total equity and liabilities | 10/49 | €46,793 | €173,063 | +€126,270 | +269.8% |
| Equity | 10/15 | €25,605 | €120,230 | +€94,626 | +369.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €23,605 | €118,230 | +€94,626 | +400.9% |
| Distributable reserves | 133 | €23,605 | €118,230 | +€94,626 | +400.9% |
| Amounts payable | 17/49 | €21,189 | €52,833 | +€31,644 | +149.3% |
| Amounts payable within one year | 42/48 | €21,189 | €52,833 | +€31,644 | +149.3% |
| Trade debts | 44 | €135 | €1,687 | +€1,552 | +1146.6% |
| Suppliers | 440/4 | €135 | €1,687 | +€1,552 | +1146.6% |
| Taxes, remuneration and social security | 45 | €12,082 | €40,037 | +€27,955 | +231.4% |
| Taxes | 450/3 | €12,082 | €40,037 | +€27,955 | +231.4% |
| Other amounts payable | 47/48 | €8,971 | €11,108 | +€2,137 | +23.8% |
| Other operating charges | 640/8 | €180 | €213 | +€33 | +18.5% |
| Gross operating margin | 9900 | €31,773 | €122,641 | +€90,868 | +286.0% |
| Operating profit (loss) | 9901 | €31,593 | €122,427 | +€90,834 | +287.5% |
| Financial income | 75/76B | €7 | - | -€7 | |
| Recurring financial income | 75 | €7 | - | -€7 | |
| Financial charges | 65/66B | €1,706 | €2,050 | +€344 | +20.2% |
| Recurring financial charges | 65 | €1,706 | €2,050 | +€344 | +20.2% |
| Profit (loss) for the period before taxes | 9903 | €29,895 | €120,378 | +€90,483 | +302.7% |
| Income taxes | 67/77 | €6,290 | €25,752 | +€19,462 | +309.4% |
| Profit (loss) for the period | 9904 | €23,605 | €94,626 | +€71,021 | +300.9% |
| Profit (loss) for the period to be appropriated | 9905 | €23,605 | €94,626 | +€71,021 | +300.9% |
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 6 October 2026 via checked.be.