WhatNextFactory: 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.
WhatNextFactory
Largest movements
- Cash +€83,544
up €83,544 (+399.7%), from €20,901 to €104,444
mainly Net result for the year (+€75,444) and Depreciation (+€9,213)
- Tangible fixed assets -€9,213
down €9,213 (-22.7%), from €40,505 to €31,292
of which Furniture and vehicles: -€8,321
- Receivables within one year +€5,036
up €5,036 (+129.0%), from €3,904 to €8,940
of which Trade receivables: +€3,835
- Profit (loss) carried forward +€75,444
up €75,444, from -€66,201 to €9,242
- Other debts +€6,015
up €6,015 (+5.8%), from €103,695 to €109,710
- Tax, wage and social debts -€2,527
down €2,527 (-42.0%), from €6,018 to €3,491
- Gross operating margin +€121,247
up €121,247, from -€30,139 to €91,108
- Other operating charges -€7,205
down €7,205 (-67.9%), from €10,611 to €3,406
- Depreciation +€7,070
up €7,070 (+329.8%), from €2,144 to €9,213
- Taxes +€2,767
up €2,767 (+2162.0%), from €128 to €2,895
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 | €68,512 | €147,444 | +€78,932 | +115.2% |
| Fixed assets | 21/28 | €40,505 | €31,292 | -€9,213 | -22.7% |
| Tangible fixed assets | 22/27 | €40,505 | €31,292 | -€9,213 | -22.7% |
| Plant, machinery and equipment | 23 | €793 | €314 | -€479 | -60.4% |
| Furniture and vehicles | 24 | €38,385 | €30,063 | -€8,321 | -21.7% |
| Other tangible fixed assets | 26 | €1,328 | €914 | -€413 | -31.1% |
| Current assets | 29/58 | €28,007 | €116,152 | +€88,145 | +314.7% |
| Stocks and contracts in progress | 3 | €2,500 | €2,500 | = | 0.0% |
| Stocks | 30/36 | €2,500 | €2,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,904 | €8,940 | +€5,036 | +129.0% |
| Trade receivables | 40 | - | €3,835 | +€3,835 | |
| Other amounts receivable | 41 | €3,904 | €5,105 | +€1,201 | +30.7% |
| Cash at bank and in hand | 54/58 | €20,901 | €104,444 | +€83,544 | +399.7% |
| Deferred charges and accrued income | 490/1 | €702 | €268 | -€434 | -61.9% |
| Total equity and liabilities | 10/49 | €68,512 | €147,444 | +€78,932 | +115.2% |
| Equity | 10/15 | -€41,201 | €34,242 | +€75,444 | |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€66,201 | €9,242 | +€75,444 | |
| Amounts payable | 17/49 | €109,713 | €113,201 | +€3,488 | +3.2% |
| Amounts payable within one year | 42/48 | €109,713 | €113,201 | +€3,488 | +3.2% |
| Taxes, remuneration and social security | 45 | €6,018 | €3,491 | -€2,527 | -42.0% |
| Taxes | 450/3 | €6,018 | €3,491 | -€2,527 | -42.0% |
| Other amounts payable | 47/48 | €103,695 | €109,710 | +€6,015 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,144 | €9,213 | +€7,070 | +329.8% |
| Other operating charges | 640/8 | €10,611 | €3,406 | -€7,205 | -67.9% |
| Gross operating margin | 9900 | -€30,139 | €91,108 | +€121,247 | |
| Operating profit (loss) | 9901 | -€42,893 | €78,489 | +€121,382 | |
| Financial charges | 65/66B | €180 | €150 | -€30 | -16.9% |
| Recurring financial charges | 65 | €180 | €150 | -€30 | -16.9% |
| Profit (loss) for the period before taxes | 9903 | -€43,074 | €78,339 | +€121,412 | |
| Income taxes | 67/77 | €128 | €2,895 | +€2,767 | +2162.0% |
| Profit (loss) for the period | 9904 | -€43,202 | €75,444 | +€118,645 | |
| Profit (loss) for the period to be appropriated | 9905 | -€43,202 | €75,444 | +€118,645 |
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 1 October 2026 via checked.be.