We Make It: 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.
We Make It
Largest movements
- Cash +€41,488
up €41,488 (+34.0%), from €121,912 to €163,400
mainly Net result for the year (+€66,321) and Receivables within one year (+€16,006)
- Receivables within one year -€16,006
down €16,006 (-56.3%), from €28,431 to €12,425
of which Trade receivables: -€17,001
- Reserves +€28,821
up €28,821 (+20.3%), from €141,694 to €170,515
- Tax, wage and social debts -€3,500
down €3,500 (-100.0%), from €3,500 to €0
- Trade debts -€2,210
down €2,210 (-51.4%), from €4,300 to €2,090
- Gross operating margin -€5,793
down €5,793 (-6.3%), from €92,520 to €86,727
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 | €154,495 | €178,019 | +€23,525 | +15.2% |
| Fixed assets | 21/28 | €2,210 | €1,118 | -€1,092 | -49.4% |
| Tangible fixed assets | 22/27 | €2,210 | €1,118 | -€1,092 | -49.4% |
| Plant, machinery and equipment | 23 | €1,433 | €683 | -€750 | -52.4% |
| Furniture and vehicles | 24 | €777 | €435 | -€342 | -44.0% |
| Current assets | 29/58 | €152,284 | €176,901 | +€24,617 | +16.2% |
| Amounts receivable within one year | 40/41 | €28,431 | €12,425 | -€16,006 | -56.3% |
| Trade receivables | 40 | €28,431 | €11,430 | -€17,001 | -59.8% |
| Other amounts receivable | 41 | - | €995 | +€995 | |
| Cash at bank and in hand | 54/58 | €121,912 | €163,400 | +€41,488 | +34.0% |
| Deferred charges and accrued income | 490/1 | €1,941 | €1,076 | -€865 | -44.6% |
| Total equity and liabilities | 10/49 | €154,495 | €178,019 | +€23,525 | +15.2% |
| Equity | 10/15 | €146,694 | €175,515 | +€28,821 | +19.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €141,694 | €170,515 | +€28,821 | +20.3% |
| Distributable reserves | 133 | €141,694 | €170,515 | +€28,821 | +20.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €7,801 | €2,504 | -€5,296 | -67.9% |
| Amounts payable within one year | 42/48 | €7,801 | €2,504 | -€5,296 | -67.9% |
| Trade debts | 44 | €4,300 | €2,090 | -€2,210 | -51.4% |
| Suppliers | 440/4 | €4,300 | €2,090 | -€2,210 | -51.4% |
| Taxes, remuneration and social security | 45 | €3,500 | €0 | -€3,500 | -100.0% |
| Taxes | 450/3 | €3,500 | €0 | -€3,500 | -100.0% |
| Other amounts payable | 47/48 | €0 | €414 | +€414 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €998 | €1,092 | +€94 | +9.4% |
| Other operating charges | 640/8 | €75 | €227 | +€152 | +202.2% |
| Gross operating margin | 9900 | €92,520 | €86,727 | -€5,793 | -6.3% |
| Operating profit (loss) | 9901 | €91,446 | €85,408 | -€6,038 | -6.6% |
| Financial income | 75/76B | €1 | €220 | +€219 | +36558.3% |
| Recurring financial income | 75 | €1 | €220 | +€219 | +36558.3% |
| Financial charges | 65/66B | €580 | €1,178 | +€599 | +103.3% |
| Recurring financial charges | 65 | €580 | €1,178 | +€599 | +103.3% |
| Profit (loss) for the period before taxes | 9903 | €90,867 | €84,449 | -€6,418 | -7.1% |
| Income taxes | 67/77 | €18,820 | €18,128 | -€691 | -3.7% |
| Profit (loss) for the period | 9904 | €72,048 | €66,321 | -€5,727 | -7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €72,048 | €66,321 | -€5,727 | -7.9% |
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 4 October 2026 via checked.be.