WAKE UP: 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.
WAKE UP
Largest movements
- Receivables within one year +€12,583
up €12,583 (+64.7%), from €19,460 to €32,043
of which Trade receivables: +€12,106
- Tangible fixed assets -€2,253
down €2,253 (-52.7%), from €4,279 to €2,026
of which Furniture and vehicles: -€2,208
- Other debts +€15,832
up €15,832 (+77.1%), from €20,537 to €36,369
- Profit (loss) carried forward -€5,814
down €5,814 (-18.8%), from -€30,935 to -€36,749
- Trade debts +€432
up €432 (+118%), from €366 to €798
- Other operating charges -€523
down €523 (-88.0%), from €595 to €72
- Taxes -€435
down €435, from €385 to -€50
- Gross operating margin -€243
down €243 (-7.7%), from -€3,146 to -€3,389
- Depreciation -€160
down €160 (-6.6%), from €2,413 to €2,253
- Financial charges -€99
down €99 (-39.7%), from €249 to €150
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.
Derived cash bridge
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 | €24,200 | €34,674 | +€10,473 | +43.3% |
| Fixed assets | 21/28 | €4,279 | €2,026 | -€2,253 | -52.7% |
| Tangible fixed assets | 22/27 | €4,279 | €2,026 | -€2,253 | -52.7% |
| Furniture and vehicles | 24 | €4,234 | €2,026 | -€2,208 | -52.2% |
| Other tangible fixed assets | 26 | €45 | €0 | -€45 | -100% |
| Current assets | 29/58 | €19,921 | €32,648 | +€12,727 | +63.9% |
| Amounts receivable within one year | 40/41 | €19,460 | €32,043 | +€12,583 | +64.7% |
| Trade receivables | 40 | €13,410 | €25,516 | +€12,106 | +90.3% |
| Other amounts receivable | 41 | €6,050 | €6,528 | +€478 | +7.9% |
| Cash at bank and in hand | 54/58 | €393 | €605 | +€212 | +54.0% |
| Deferred charges and accrued income | 490/1 | €68 | €0 | -€68 | -100% |
| Total equity and liabilities | 10/49 | €24,200 | €34,674 | +€10,473 | +43.3% |
| Equity | 10/15 | -€2,875 | -€8,689 | -€5,814 | -202% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €21,860 | €21,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,935 | -€36,749 | -€5,814 | -18.8% |
| Amounts payable | 17/49 | €27,075 | €43,362 | +€16,287 | +60.2% |
| Amounts payable within one year | 42/48 | €27,075 | €43,362 | +€16,287 | +60.2% |
| Trade debts | 44 | €366 | €798 | +€432 | +118% |
| Suppliers | 440/4 | €366 | €798 | +€432 | +118% |
| Taxes, remuneration and social security | 45 | €6,172 | €6,196 | +€23 | +0.4% |
| Taxes | 450/3 | €3,792 | €336 | -€3,457 | -91.2% |
| Remuneration and social security | 454/9 | €2,380 | €5,860 | +€3,480 | +146% |
| Other amounts payable | 47/48 | €20,537 | €36,369 | +€15,832 | +77.1% |
| Remuneration, social security and pensions | 62 | €2 | €0 | -€2 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,413 | €2,253 | -€160 | -6.6% |
| Other operating charges | 640/8 | €595 | €72 | -€523 | -88.0% |
| Gross operating margin | 9900 | -€3,146 | -€3,389 | -€243 | -7.7% |
| Operating profit (loss) | 9901 | -€6,156 | -€5,714 | +€442 | +7.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €249 | €150 | -€99 | -39.7% |
| Recurring financial charges | 65 | €249 | €150 | -€99 | -39.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,405 | -€5,864 | +€541 | +8.4% |
| Income taxes | 67/77 | €385 | -€50 | -€435 | |
| Profit (loss) for the period | 9904 | -€6,790 | -€5,814 | +€976 | +14.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,790 | -€5,814 | +€976 | +14.4% |
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 13 October 2026 via checked.be.