Who Els(e): 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.
Who Els(e)
Largest movements
- Cash +€15,036
up €15,036 (+17.6%), from €85,511 to €100,547
mainly Net result for the year (+€22,395) and Tax, wage and social debts (+€4,602)
- Receivables within one year +€10,845
up €10,845 (+737.1%), from €1,471 to €12,317
of which Trade receivables: +€11,398
- Tangible fixed assets +€3,845
up €3,845 (+87.6%), from €4,387 to €8,232
of which Land and buildings: +€4,149
- Reserves +€22,395
up €22,395 (+27.4%), from €81,864 to €104,260
- Tax, wage and social debts +€4,602
up €4,602 (+131.6%), from €3,496 to €8,098
of which Taxes: +€4,602
- Trade debts +€1,391
up €1,391 (+361.3%), from €385 to €1,775
- Gross operating margin +€38,467
up €38,467, from -€4,669 to €33,798
- Taxes +€7,329
up €7,329 (+5695.4%), from €129 to €7,458
- Financial charges +€2,236
up €2,236 (+5139.7%), from €44 to €2,279
- Other operating charges -€425
down €425 (-40.6%), from €1,047 to €622
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 | €92,151 | €121,454 | +€29,303 | +31.8% |
| Fixed assets | 21/28 | €4,387 | €8,232 | +€3,845 | +87.6% |
| Tangible fixed assets | 22/27 | €4,387 | €8,232 | +€3,845 | +87.6% |
| Land and buildings | 22 | €3,767 | €7,915 | +€4,149 | +110.1% |
| Plant, machinery and equipment | 23 | €621 | €317 | -€304 | -49.0% |
| Current assets | 29/58 | €87,764 | €113,222 | +€25,459 | +29.0% |
| Amounts receivable within one year | 40/41 | €1,471 | €12,317 | +€10,845 | +737.1% |
| Trade receivables | 40 | €0 | €11,398 | +€11,398 | |
| Other amounts receivable | 41 | €1,471 | €919 | -€553 | -37.6% |
| Cash at bank and in hand | 54/58 | €85,511 | €100,547 | +€15,036 | +17.6% |
| Deferred charges and accrued income | 490/1 | €782 | €359 | -€423 | -54.1% |
| Total equity and liabilities | 10/49 | €92,151 | €121,454 | +€29,303 | +31.8% |
| Equity | 10/15 | €86,864 | €109,260 | +€22,395 | +25.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €81,864 | €104,260 | +€22,395 | +27.4% |
| Distributable reserves | 133 | €81,864 | €104,260 | +€22,395 | +27.4% |
| Amounts payable | 17/49 | €5,287 | €12,195 | +€6,908 | +130.7% |
| Amounts payable within one year | 42/48 | €5,287 | €12,195 | +€6,908 | +130.7% |
| Trade debts | 44 | €385 | €1,775 | +€1,391 | +361.3% |
| Suppliers | 440/4 | €385 | €1,775 | +€1,391 | +361.3% |
| Taxes, remuneration and social security | 45 | €3,496 | €8,098 | +€4,602 | +131.6% |
| Taxes | 450/3 | €3,496 | €8,098 | +€4,602 | +131.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,405 | €2,321 | +€916 | +65.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,107 | €1,045 | -€63 | -5.7% |
| Other operating charges | 640/8 | €1,047 | €622 | -€425 | -40.6% |
| Gross operating margin | 9900 | -€4,669 | €33,798 | +€38,467 | |
| Operating profit (loss) | 9901 | -€6,823 | €32,132 | +€38,955 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €44 | €2,279 | +€2,236 | +5139.7% |
| Recurring financial charges | 65 | €44 | €2,279 | +€2,236 | +5139.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,866 | €29,853 | +€36,719 | |
| Income taxes | 67/77 | €129 | €7,458 | +€7,329 | +5695.4% |
| Profit (loss) for the period | 9904 | -€6,995 | €22,395 | +€29,390 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,995 | €22,395 | +€29,390 |
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 9 October 2026 via checked.be.