WEBSERVICE: 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.
WEBSERVICE
Largest movements
- Receivables within one year -€79,490
down €79,490 (-68.5%), from €116,088 to €36,598
of which Other amounts receivable: -€76,379
- Cash +€70,653
up €70,653 (+500.0%), from €14,132 to €84,785
mainly Receivables within one year (+€79,490) and Net result for the year (+€14,928)
- Tangible fixed assets +€26,104
up €26,104 (+211.0%), from €12,374 to €38,478
of which Furniture and vehicles: +€26,125
- Current investments -€8,139
down €8,139 (-30.4%), from €26,733 to €18,594
- Profit (loss) carried forward +€11,918
up €11,918, from -€11,918 to €0
- Other debts -€7,145
down €7,145 (-26.3%), from €27,203 to €20,058
- Reserves +€3,010
up €3,010 (+2.0%), from €152,167 to €155,177
of which Distributable reserves: +€3,010
- Gross operating margin +€27,860
up €27,860, from -€2,037 to €25,823
- Financial charges +€4,847
up €4,847 (+522.4%), from €928 to €5,775
- Depreciation -€4,200
down €4,200 (-66.3%), from €6,333 to €2,132
- Financial income -€779
down €779 (-74.2%), from €1,049 to €271
- Write-downs +€408
new in 2025: €408
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 | €175,452 | €184,580 | +€9,128 | +5.2% |
| Fixed assets | 21/28 | €18,499 | €44,603 | +€26,104 | +141.1% |
| Tangible fixed assets | 22/27 | €12,374 | €38,478 | +€26,104 | +211.0% |
| Plant, machinery and equipment | 23 | €2,033 | €2,011 | -€22 | -1.1% |
| Furniture and vehicles | 24 | €10,341 | €36,467 | +€26,125 | +252.6% |
| Financial fixed assets | 28 | €6,125 | €6,125 | = | 0.0% |
| Current assets | 29/58 | €156,953 | €139,977 | -€16,976 | -10.8% |
| Amounts receivable within one year | 40/41 | €116,088 | €36,598 | -€79,490 | -68.5% |
| Trade receivables | 40 | €35,751 | €32,640 | -€3,111 | -8.7% |
| Other amounts receivable | 41 | €80,337 | €3,958 | -€76,379 | -95.1% |
| Current investments | 50/53 | €26,733 | €18,594 | -€8,139 | -30.4% |
| Cash at bank and in hand | 54/58 | €14,132 | €84,785 | +€70,653 | +500.0% |
| Total equity and liabilities | 10/49 | €175,452 | €184,580 | +€9,128 | +5.2% |
| Equity | 10/15 | €146,449 | €161,377 | +€14,928 | +10.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €152,167 | €155,177 | +€3,010 | +2.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €140,307 | €143,317 | +€3,010 | +2.1% |
| Profit (loss) carried forward | 14 | -€11,918 | €0 | +€11,918 | |
| Amounts payable | 17/49 | €29,003 | €23,203 | -€5,800 | -20.0% |
| Amounts payable within one year | 42/48 | €29,003 | €23,203 | -€5,800 | -20.0% |
| Trade debts | 44 | €753 | €891 | +€138 | +18.4% |
| Suppliers | 440/4 | €753 | €891 | +€138 | +18.4% |
| Taxes, remuneration and social security | 45 | €1,047 | €2,253 | +€1,207 | +115.2% |
| Taxes | 450/3 | €1,047 | €453 | -€593 | -56.7% |
| Remuneration and social security | 454/9 | - | €1,800 | +€1,800 | |
| Other amounts payable | 47/48 | €27,203 | €20,058 | -€7,145 | -26.3% |
| Non-recurring operating income | 76A | - | €3,951 | +€3,951 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,333 | €2,132 | -€4,200 | -66.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €408 | +€408 | |
| Other operating charges | 640/8 | €1,159 | €830 | -€329 | -28.4% |
| Non-recurring operating charges | 66A | - | €1,507 | +€1,507 | |
| Gross operating margin | 9900 | -€2,037 | €25,823 | +€27,860 | |
| Operating profit (loss) | 9901 | -€9,529 | €20,946 | +€30,474 | |
| Financial income | 75/76B | €1,049 | €271 | -€779 | -74.2% |
| Recurring financial income | 75 | €1,049 | €271 | -€779 | -74.2% |
| Financial charges | 65/66B | €928 | €5,775 | +€4,847 | +522.4% |
| Recurring financial charges | 65 | €928 | €5,775 | +€4,847 | +522.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,407 | €15,441 | +€24,849 | |
| Income taxes | 67/77 | €341 | €513 | +€172 | +50.5% |
| Profit (loss) for the period | 9904 | -€9,748 | €14,928 | +€24,676 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,748 | €14,928 | +€24,676 |
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 3 October 2026 via checked.be.