We Count: 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.
What changed
We Count
NACE 69.201, Certified accountants and tax accountants
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€39,828
2024 · €49,252-€9,424
Equity
€495,066
2024 · €455,239+€39,828
Cash
€182,021
2024 · €175,734+€6,288
Balance sheet total
€1.2m
2024 · €1.2m+€3,979
Largest movements
Assets
- Receivables within one year +€56,173
up €56,173 (+32.2%), from €174,338 to €230,510
- Tangible fixed assets -€38,935
down €38,935 (-5.1%), from €758,863 to €719,929
of which Land and buildings: -€41,017
- Intangible fixed assets -€26,000
down €26,000 (-25.0%), from €104,000 to €78,000
Equity and liabilities
- Debts after one year -€80,934
down €80,934 (-17.1%), from €472,252 to €391,318
- Reserves +€39,828
up €39,828 (+9.1%), from €436,639 to €476,466
of which Distributable reserves: +€56,465
- Tax, wage and social debts +€30,246
up €30,246 (+42.6%), from €71,003 to €101,249
of which Taxes: +€20,403
Income statement
- Staff costs +€97,358
up €97,358 (+28.8%), from €337,856 to €435,213
- Gross operating margin +€75,878
up €75,878 (+14.3%), from €531,138 to €607,015
- Write-downs -€12,860
down €12,860, from €10,689 to -€2,171
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.
Result 2024
€49,252
Gross operating margin
+€75,878
Staff costs
-€97,358
Depreciation
-€1,336
Write-downs
+€12,860
Other operating charges
-€2,320
Financial income
-€122
Financial charges
+€468
Taxes
+€2,506
Result 2025
€39,828
raises the resultlowers the result
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.
From operations
+€103,025
Investment
-€17,261
Financing
-€79,476
Cash 2024
€175,734
From operations (derived)
+€103,025
Net result for the year
+€39,828
Depreciation
+€82,196
Receivables within one year
-€56,173
Deferred charges and accrued income
-€6,453
Provisions
-€5,546
Trade debts
+€11,668
Tax, wage and social debts
+€30,246
Accrued charges and deferred income
+€7,260
Investment (derived)
-€17,261
Investment in fixed assets (net)
-€17,261
Financing
-€79,476
Debts after one year
-€80,934
Current portion of long-term debt
+€1,458
Cash 2025
€182,021
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,223,122 | €1,227,101 | +€3,979 | +0.3% |
| Fixed assets | 21/28 | €862,863 | €797,929 | -€64,935 | -7.5% |
| Intangible fixed assets | 21 | €104,000 | €78,000 | -€26,000 | -25.0% |
| Tangible fixed assets | 22/27 | €758,863 | €719,929 | -€38,935 | -5.1% |
| Land and buildings | 22 | €741,266 | €700,249 | -€41,017 | -5.5% |
| Furniture and vehicles | 24 | €17,597 | €19,680 | +€2,083 | +11.8% |
| Current assets | 29/58 | €360,258 | €429,172 | +€68,914 | +19.1% |
| Amounts receivable within one year | 40/41 | €174,338 | €230,510 | +€56,173 | +32.2% |
| Trade receivables | 40 | €174,338 | €230,510 | +€56,173 | +32.2% |
| Cash at bank and in hand | 54/58 | €175,734 | €182,021 | +€6,288 | +3.6% |
| Deferred charges and accrued income | 490/1 | €10,187 | €16,640 | +€6,453 | +63.3% |
| Total equity and liabilities | 10/49 | €1,223,122 | €1,227,101 | +€3,979 | +0.3% |
| Equity | 10/15 | €455,239 | €495,066 | +€39,828 | +8.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €436,639 | €476,466 | +€39,828 | +9.1% |
| Non-distributable reserves | 130/1 | €2,042 | €2,042 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €182 | €182 | = | 0.0% |
| Tax-exempt reserves | 132 | €257,764 | €241,126 | -€16,637 | -6.5% |
| Distributable reserves | 133 | €176,833 | €233,298 | +€56,465 | +31.9% |
| Provisions and deferred taxes | 16 | €80,960 | €75,414 | -€5,546 | -6.9% |
| Deferred taxes | 168 | €80,960 | €75,414 | -€5,546 | -6.9% |
| Amounts payable | 17/49 | €686,923 | €656,621 | -€30,303 | -4.4% |
| Amounts payable after more than one year | 17 | €472,252 | €391,318 | -€80,934 | -17.1% |
| Financial debts | 170/4 | €472,252 | €391,318 | -€80,934 | -17.1% |
| Amounts payable within one year | 42/48 | €212,181 | €255,553 | +€43,372 | +20.4% |
| Current portion of amounts payable after more than one year | 42 | €79,476 | €80,934 | +€1,458 | +1.8% |
| Trade debts | 44 | €61,702 | €73,370 | +€11,668 | +18.9% |
| Suppliers | 440/4 | €61,702 | €73,370 | +€11,668 | +18.9% |
| Taxes, remuneration and social security | 45 | €71,003 | €101,249 | +€30,246 | +42.6% |
| Taxes | 450/3 | €35,914 | €56,317 | +€20,403 | +56.8% |
| Remuneration and social security | 454/9 | €35,089 | €44,932 | +€9,842 | +28.0% |
| Accrued charges and deferred income | 492/3 | €2,490 | €9,750 | +€7,260 | +292% |
| Non-recurring operating income | 76A | €413 | - | -€413 | |
| Remuneration, social security and pensions | 62 | €337,856 | €435,213 | +€97,358 | +28.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,860 | €82,196 | +€1,336 | +1.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,689 | -€2,171 | -€12,860 | |
| Other operating charges | 640/8 | €5,068 | €7,388 | +€2,320 | +45.8% |
| Gross operating margin | 9900 | €531,138 | €607,015 | +€75,878 | +14.3% |
| Operating profit (loss) | 9901 | €96,665 | €84,389 | -€12,276 | -12.7% |
| Financial income | 75/76B | €298 | €176 | -€122 | -40.9% |
| Recurring financial income | 75 | €298 | €176 | -€122 | -40.9% |
| Financial charges | 65/66B | €17,315 | €16,847 | -€468 | -2.7% |
| Recurring financial charges | 65 | €17,315 | €16,847 | -€468 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | €79,649 | €67,719 | -€11,930 | -15.0% |
| Transfer from deferred taxes | 780 | €5,546 | €5,546 | = | 0.0% |
| Income taxes | 67/77 | €35,943 | €33,437 | -€2,506 | -7.0% |
| Profit (loss) for the period | 9904 | €49,252 | €39,828 | -€9,424 | -19.1% |
| Transfer from tax-exempt reserves | 789 | €16,637 | €16,637 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €65,889 | €56,465 | -€9,424 | -14.3% |
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 29 October 2026 via checked.be.