WORLD EVENTS: 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.
WORLD EVENTS
Largest movements
- Tangible fixed assets +€27,197
up €27,197 (+431%), from €6,307 to €33,504
of which Furniture and vehicles: +€23,559
- Receivables within one year +€4,229
up €4,229 (+49.0%), from €8,623 to €12,852
- Deferred charges and accrued income +€2,791
up €2,791 (+281%), from €992 to €3,783
- Cash -€1,247
down €1,247 (-2.9%), from €43,491 to €42,245
mainly Investment in fixed assets (net) (-€30,067) and Other debts (-€6,681)
- Profit (loss) carried forward +€19,110
up €19,110, from -€19,110 to €0
- Reserves +€18,680
new in 2025: €18,680
- Other debts -€6,681
down €6,681 (-43.4%), from €15,398 to €8,718
- Tax, wage and social debts +€3,987
up €3,987 (+167%), from €2,382 to €6,369
of which Taxes: +€4,099
- Trade debts -€1,308
down €1,308 (-22.9%), from €5,718 to €4,410
- Gross operating margin +€20,017
up €20,017 (+62.7%), from €31,911 to €51,927
- Taxes +€9,606
new in 2025: €9,606
- Depreciation +€895
up €895 (+45.3%), from €1,975 to €2,870
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.
Derived cash bridge
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 | €61,082 | €94,376 | +€33,294 | +54.5% |
| Fixed assets | 21/28 | €6,307 | €33,504 | +€27,197 | +431% |
| Tangible fixed assets | 22/27 | €6,307 | €33,504 | +€27,197 | +431% |
| Plant, machinery and equipment | 23 | €1,667 | €3,764 | +€2,097 | +126% |
| Furniture and vehicles | 24 | €1,131 | €24,690 | +€23,559 | +2,083% |
| Other tangible fixed assets | 26 | €3,509 | €5,050 | +€1,541 | +43.9% |
| Current assets | 29/58 | €54,775 | €60,872 | +€6,097 | +11.1% |
| Stocks and contracts in progress | 3 | €1,669 | €1,993 | +€324 | +19.4% |
| Stocks | 30/36 | €1,669 | €1,993 | +€324 | +19.4% |
| Amounts receivable within one year | 40/41 | €8,623 | €12,852 | +€4,229 | +49.0% |
| Trade receivables | 40 | €8,623 | €12,852 | +€4,229 | +49.0% |
| Cash at bank and in hand | 54/58 | €43,491 | €42,245 | -€1,247 | -2.9% |
| Deferred charges and accrued income | 490/1 | €992 | €3,783 | +€2,791 | +281% |
| Total equity and liabilities | 10/49 | €61,082 | €94,376 | +€33,294 | +54.5% |
| Equity | 10/15 | -€12,910 | €24,880 | +€37,790 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | - | €18,680 | +€18,680 | |
| Distributable reserves | 133 | - | €18,680 | +€18,680 | |
| Profit (loss) carried forward | 14 | -€19,110 | €0 | +€19,110 | |
| Amounts payable | 17/49 | €73,992 | €69,496 | -€4,495 | -6.1% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Financial debts | 170/4 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €23,498 | €19,496 | -€4,001 | -17.0% |
| Trade debts | 44 | €5,718 | €4,410 | -€1,308 | -22.9% |
| Suppliers | 440/4 | €5,718 | €4,410 | -€1,308 | -22.9% |
| Taxes, remuneration and social security | 45 | €2,382 | €6,369 | +€3,987 | +167% |
| Taxes | 450/3 | €2,271 | €6,369 | +€4,099 | +181% |
| Remuneration and social security | 454/9 | €111 | €0 | -€111 | -100% |
| Other amounts payable | 47/48 | €15,398 | €8,718 | -€6,681 | -43.4% |
| Accrued charges and deferred income | 492/3 | €494 | €0 | -€494 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,975 | €2,870 | +€895 | +45.3% |
| Other operating charges | 640/8 | €1,032 | €1,189 | +€157 | +15.2% |
| Gross operating margin | 9900 | €31,911 | €51,927 | +€20,017 | +62.7% |
| Operating profit (loss) | 9901 | €28,903 | €47,868 | +€18,964 | +65.6% |
| Financial income | 75/76B | €1 | €0 | -€1 | -96.9% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -96.9% |
| Financial charges | 65/66B | €254 | €472 | +€218 | +86.1% |
| Recurring financial charges | 65 | €254 | €472 | +€218 | +86.1% |
| Profit (loss) for the period before taxes | 9903 | €28,651 | €47,396 | +€18,745 | +65.4% |
| Income taxes | 67/77 | - | €9,606 | +€9,606 | |
| Profit (loss) for the period | 9904 | €28,651 | €37,790 | +€9,139 | +31.9% |
| Profit (loss) for the period to be appropriated | 9905 | €28,651 | €37,790 | +€9,139 | +31.9% |
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 23 October 2026 via checked.be.