Wegwijzer: 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.
Wegwijzer
Largest movements
- Cash +€445,319
up €445,319 (+477.2%), from €93,327 to €538,646
mainly Debts within one year (+€150,490) and Net result for the year (+€134,756)
- Tangible fixed assets -€139,637
down €139,637 (-100.0%), from €139,637 to €0
of which Land and buildings: -€120,077
- Intangible fixed assets +€15,000
up €15,000 (+79.5%), from €18,878 to €33,878
- Receivables within one year -€12,062
down €12,062 (-93.1%), from €12,950 to €888
of which Trade receivables: -€12,087
- Debts within one year +€150,490
up €150,490 (+272.8%), from €55,173 to €205,663
of which Tax, wage and social debts: +€155,267
- Profit (loss) carried forward +€134,756
up €134,756, from -€87,664 to €47,092
- Accrued charges and deferred income +€26,200
up €26,200 (+133.9%), from €19,565 to €45,765
- Staff costs +€262,953
up €262,953 (+88.8%), from €296,115 to €559,068
- Services and other goods -€11,562
down €11,562 (-8.9%), from €130,643 to €119,081
- Turnover +€9,821
up €9,821 (+23.7%), from €41,480 to €51,301
- Other operating income -€3,252
down €3,252 (-37.2%), from €8,742 to €5,490
- Depreciation -€2,930
down €2,930 (-18.8%), from €15,565 to €12,635
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 | €288,614 | €600,060 | +€311,446 | +107.9% |
| Fixed assets | 21/28 | €158,515 | €35,258 | -€123,257 | -77.8% |
| Intangible fixed assets | 21 | €18,878 | €33,878 | +€15,000 | +79.5% |
| Tangible fixed assets | 22/27 | €139,637 | €0 | -€139,637 | -100.0% |
| Land and buildings | 22 | €120,077 | €0 | -€120,077 | -100.0% |
| Plant, machinery and equipment | 23 | €19,560 | €0 | -€19,560 | -100.0% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | - | €1,380 | +€1,380 | |
| Other financial fixed assets | 284/8 | - | €1,380 | +€1,380 | |
| Amounts receivable and cash guarantees | 285/8 | - | €1,380 | +€1,380 | |
| Current assets | 29/58 | €130,099 | €564,802 | +€434,703 | +334.1% |
| Amounts receivable within one year | 40/41 | €12,950 | €888 | -€12,062 | -93.1% |
| Trade receivables | 40 | €12,837 | €750 | -€12,087 | -94.2% |
| Other amounts receivable | 41 | €113 | €138 | +€25 | +22.1% |
| Cash at bank and in hand | 54/58 | €93,327 | €538,646 | +€445,319 | +477.2% |
| Deferred charges and accrued income | 490/1 | €23,822 | €25,268 | +€1,446 | +6.1% |
| Total equity and liabilities | 10/49 | €288,614 | €600,060 | +€311,446 | +107.9% |
| Equity | 10/15 | €213,876 | €348,632 | +€134,756 | +63.0% |
| Reserves | 13 | €301,540 | €301,540 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€87,664 | €47,092 | +€134,756 | |
| Amounts payable | 17/49 | €74,738 | €251,428 | +€176,690 | +236.4% |
| Amounts payable within one year | 42/48 | €55,173 | €205,663 | +€150,490 | +272.8% |
| Trade debts | 44 | €8,069 | €3,368 | -€4,701 | -58.3% |
| Suppliers | 440/4 | €8,069 | €3,368 | -€4,701 | -58.3% |
| Taxes, remuneration and social security | 45 | €46,678 | €201,945 | +€155,267 | +332.6% |
| Taxes | 450/3 | €13,704 | €84,076 | +€70,372 | +513.5% |
| Remuneration and social security | 454/9 | €32,974 | €117,869 | +€84,895 | +257.5% |
| Accrued charges and deferred income | 492/3 | €19,565 | €45,765 | +€26,200 | +133.9% |
| Operating income | 70/76A | €472,140 | €828,783 | +€356,643 | +75.5% |
| Turnover | 70 | €41,480 | €51,301 | +€9,821 | +23.7% |
| Other operating income | 74 | €8,742 | €5,490 | -€3,252 | -37.2% |
| Non-recurring operating income | 76A | €102,979 | €526,894 | +€423,915 | +411.7% |
| Operating charges | 60/66A | €444,004 | €693,799 | +€249,795 | +56.3% |
| Services and other goods | 61 | €130,643 | €119,081 | -€11,562 | -8.9% |
| Remuneration, social security and pensions | 62 | €296,115 | €559,068 | +€262,953 | +88.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,565 | €12,635 | -€2,930 | -18.8% |
| Other operating charges | 640/8 | €1,681 | €3,015 | +€1,334 | +79.4% |
| Operating profit (loss) | 9901 | €28,136 | €134,984 | +€106,848 | +379.8% |
| Financial income | 75/76B | - | €270 | +€270 | |
| Recurring financial income | 75 | - | €270 | +€270 | |
| Other financial income | 752/9 | - | €270 | +€270 | |
| Financial charges | 65/66B | €1,282 | €498 | -€784 | -61.2% |
| Recurring financial charges | 65 | €1,282 | €498 | -€784 | -61.2% |
| Other financial charges | 652/9 | €1,282 | €498 | -€784 | -61.2% |
| Profit (loss) for the period before taxes | 9903 | €26,854 | €134,756 | +€107,902 | +401.8% |
| Profit (loss) for the period | 9904 | €26,854 | €134,756 | +€107,902 | +401.8% |
| Profit (loss) for the period to be appropriated | 9905 | €26,854 | €134,756 | +€107,902 | +401.8% |
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 8 October 2026 via checked.be.