Y7: 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.
Y7
Largest movements
- Cash +€283,502
up €283,502 (+1001.4%), from €28,309 to €311,812
mainly Net result for the year (+€279,816) and Tax, wage and social debts (+€73,535)
- Deferred charges and accrued income +€86,795
up €86,795 (+1867.3%), from €4,648 to €91,443
- Tangible fixed assets -€33,942
down €33,942 (-32.9%), from €103,205 to €69,263
of which Furniture and vehicles: -€20,488
- Receivables within one year -€27,690
down €27,690 (-44.5%), from €62,183 to €34,493
of which Trade receivables: -€62,175
- Reserves +€261,708
up €261,708 (+290.8%), from €90,004 to €351,712
- Tax, wage and social debts +€73,535
up €73,535 (+267.9%), from €27,446 to €100,981
- Debts after one year -€25,277
down €25,277 (-52.2%), from €48,391 to €23,114
of which Financial debts: -€24,027
- Profit (loss) carried forward +€18,107
up €18,107, from -€18,107 to €0
- Current portion of long-term debt -€10,197
down €10,197 (-29.8%), from €34,224 to €24,027
- Gross operating margin +€190,887
up €190,887 (+73.3%), from €260,457 to €451,344
- Taxes +€99,003
up €99,003 (+362.7%), from €27,297 to €126,301
- Depreciation -€8,436
down €8,436 (-27.6%), from €30,511 to €22,075
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 | €198,346 | €508,001 | +€309,655 | +156.1% |
| Fixed assets | 21/28 | €103,205 | €70,253 | -€32,952 | -31.9% |
| Tangible fixed assets | 22/27 | €103,205 | €69,263 | -€33,942 | -32.9% |
| Land and buildings | 22 | €13,058 | €0 | -€13,058 | -100.0% |
| Plant, machinery and equipment | 23 | €1,544 | €1,148 | -€396 | -25.7% |
| Furniture and vehicles | 24 | €88,604 | €68,115 | -€20,488 | -23.1% |
| Financial fixed assets | 28 | - | €990 | +€990 | |
| Current assets | 29/58 | €95,140 | €437,748 | +€342,608 | +360.1% |
| Amounts receivable within one year | 40/41 | €62,183 | €34,493 | -€27,690 | -44.5% |
| Trade receivables | 40 | €62,175 | €0 | -€62,175 | -100.0% |
| Other amounts receivable | 41 | €8 | €34,493 | +€34,485 | +437076.0% |
| Cash at bank and in hand | 54/58 | €28,309 | €311,812 | +€283,502 | +1001.4% |
| Deferred charges and accrued income | 490/1 | €4,648 | €91,443 | +€86,795 | +1867.3% |
| Total equity and liabilities | 10/49 | €198,346 | €508,001 | +€309,655 | +156.1% |
| Equity | 10/15 | €78,097 | €357,912 | +€279,816 | +358.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €90,004 | €351,712 | +€261,708 | +290.8% |
| Distributable reserves | 133 | €90,004 | €351,712 | +€261,708 | +290.8% |
| Profit (loss) carried forward | 14 | -€18,107 | €0 | +€18,107 | |
| Amounts payable | 17/49 | €120,249 | €150,089 | +€29,840 | +24.8% |
| Amounts payable after more than one year | 17 | €48,391 | €23,114 | -€25,277 | -52.2% |
| Financial debts | 170/4 | €47,141 | €23,114 | -€24,027 | -51.0% |
| Other amounts payable | 178/9 | €1,250 | €0 | -€1,250 | -100.0% |
| Amounts payable within one year | 42/48 | €71,858 | €126,975 | +€55,117 | +76.7% |
| Current portion of amounts payable after more than one year | 42 | €34,224 | €24,027 | -€10,197 | -29.8% |
| Trade debts | 44 | €8,661 | €1,966 | -€6,694 | -77.3% |
| Suppliers | 440/4 | €8,661 | €1,966 | -€6,694 | -77.3% |
| Taxes, remuneration and social security | 45 | €27,446 | €100,981 | +€73,535 | +267.9% |
| Taxes | 450/3 | €27,446 | €100,981 | +€73,535 | +267.9% |
| Other amounts payable | 47/48 | €1,527 | €0 | -€1,527 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,511 | €22,075 | -€8,436 | -27.6% |
| Other operating charges | 640/8 | €5,767 | €3,282 | -€2,485 | -43.1% |
| Non-recurring operating charges | 66A | - | €13,058 | +€13,058 | |
| Gross operating margin | 9900 | €260,457 | €451,344 | +€190,887 | +73.3% |
| Operating profit (loss) | 9901 | €224,179 | €412,929 | +€188,751 | +84.2% |
| Financial income | 75/76B | €0 | €1,324 | +€1,324 | +1654525.0% |
| Recurring financial income | 75 | €0 | €1,324 | +€1,324 | +1654525.0% |
| Financial charges | 65/66B | €8,296 | €8,137 | -€160 | -1.9% |
| Recurring financial charges | 65 | €8,296 | €8,137 | -€160 | -1.9% |
| Profit (loss) for the period before taxes | 9903 | €215,882 | €406,116 | +€190,234 | +88.1% |
| Income taxes | 67/77 | €27,297 | €126,301 | +€99,003 | +362.7% |
| Profit (loss) for the period | 9904 | €188,585 | €279,816 | +€91,231 | +48.4% |
| Profit (loss) for the period to be appropriated | 9905 | €188,585 | €279,816 | +€91,231 | +48.4% |
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 10 October 2026 via checked.be.