vs créations: 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.
vs créations
Largest movements
- Cash +€209,077
up €209,077 (+189.8%), from €110,169 to €319,246
mainly Net result for the year (+€112,949) and Receivables within one year (+€101,417)
- Receivables within one year -€101,417
down €101,417 (-73.6%), from €137,848 to €36,431
- Profit (loss) carried forward +€112,949
up €112,949 (+54.2%), from €208,414 to €321,363
- Gross operating margin -€64,038
down €64,038 (-29.5%), from €217,038 to €153,000
- Taxes -€16,696
down €16,696 (-34.0%), from €49,174 to €32,478
- Depreciation +€2,960
up €2,960 (+95.6%), from €3,097 to €6,057
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 | €257,793 | €368,938 | +€111,144 | +43.1% |
| Fixed assets | 21/28 | €8,691 | €10,417 | +€1,726 | +19.9% |
| Tangible fixed assets | 22/27 | €8,691 | €10,417 | +€1,726 | +19.9% |
| Plant, machinery and equipment | 23 | €257 | €5,798 | +€5,541 | +2152.1% |
| Furniture and vehicles | 24 | €8,434 | €4,619 | -€3,815 | -45.2% |
| Current assets | 29/58 | €249,102 | €358,520 | +€109,419 | +43.9% |
| Amounts receivable within one year | 40/41 | €137,848 | €36,431 | -€101,417 | -73.6% |
| Trade receivables | 40 | €137,848 | €36,431 | -€101,417 | -73.6% |
| Cash at bank and in hand | 54/58 | €110,169 | €319,246 | +€209,077 | +189.8% |
| Deferred charges and accrued income | 490/1 | €1,085 | €2,844 | +€1,759 | +162.2% |
| Total equity and liabilities | 10/49 | €257,793 | €368,938 | +€111,144 | +43.1% |
| Equity | 10/15 | €211,414 | €324,363 | +€112,949 | +53.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €208,414 | €321,363 | +€112,949 | +54.2% |
| Amounts payable | 17/49 | €46,379 | €44,575 | -€1,805 | -3.9% |
| Amounts payable within one year | 42/48 | €46,039 | €44,575 | -€1,464 | -3.2% |
| Financial debts | 43 | €0 | €485 | +€485 | |
| Credit institutions | 430/8 | €0 | €485 | +€485 | |
| Trade debts | 44 | €4,476 | €4,269 | -€208 | -4.6% |
| Suppliers | 440/4 | €4,476 | €4,269 | -€208 | -4.6% |
| Taxes, remuneration and social security | 45 | €34,191 | €31,181 | -€3,010 | -8.8% |
| Taxes | 450/3 | €34,191 | €31,181 | -€3,010 | -8.8% |
| Other amounts payable | 47/48 | €7,371 | €8,640 | +€1,269 | +17.2% |
| Accrued charges and deferred income | 492/3 | €340 | €0 | -€340 | -100.0% |
| Remuneration, social security and pensions | 62 | - | €158 | +€158 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,097 | €6,057 | +€2,960 | +95.6% |
| Other operating charges | 640/8 | €621 | €779 | +€157 | +25.3% |
| Gross operating margin | 9900 | €217,038 | €153,000 | -€64,038 | -29.5% |
| Operating profit (loss) | 9901 | €213,320 | €146,006 | -€67,314 | -31.6% |
| Financial income | 75/76B | €0 | €40 | +€40 | +33325.0% |
| Recurring financial income | 75 | €0 | €40 | +€40 | +33325.0% |
| Financial charges | 65/66B | €367 | €619 | +€252 | +68.7% |
| Recurring financial charges | 65 | €367 | €619 | +€252 | +68.7% |
| Profit (loss) for the period before taxes | 9903 | €212,953 | €145,427 | -€67,526 | -31.7% |
| Income taxes | 67/77 | €49,174 | €32,478 | -€16,696 | -34.0% |
| Profit (loss) for the period | 9904 | €163,779 | €112,949 | -€50,830 | -31.0% |
| Profit (loss) for the period to be appropriated | 9905 | €163,779 | €112,949 | -€50,830 | -31.0% |
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.