YOUR SHERPA: 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.
YOUR SHERPA
Largest movements
- Receivables within one year +€30,825
up €30,825 (+180%), from €17,088 to €47,913
of which Other amounts receivable: +€27,172
- Tangible fixed assets +€29,168
up €29,168 (+2,191%), from €1,331 to €30,499
of which Furniture and vehicles: +€29,624
- Cash +€4,551
up €4,551 (+118%), from €3,850 to €8,401
mainly Net result for the year (+€53,822) and Tax, wage and social debts (+€13,111)
- Deferred charges and accrued income +€1,999
new in 2025: €1,999
- Profit (loss) carried forward +€53,822
up €53,822 (+441%), from €12,209 to €66,032
- Tax, wage and social debts +€13,111
up €13,111 (+298%), from €4,401 to €17,512
- Gross operating margin +€77,968
up €77,968, from -€9,052 to €68,916
- Taxes +€11,955
new in 2025: €11,955
- Depreciation +€1,300
up €1,300 (+68.2%), from €1,907 to €3,207
- Financial income +€870
up €870 (+595%), from €146 to €1,016
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 | €22,269 | €88,813 | +€66,544 | +299% |
| Fixed assets | 21/28 | €1,331 | €30,499 | +€29,168 | +2,191% |
| Tangible fixed assets | 22/27 | €1,331 | €30,499 | +€29,168 | +2,191% |
| Plant, machinery and equipment | 23 | €1,331 | €875 | -€456 | -34.3% |
| Furniture and vehicles | 24 | - | €29,624 | +€29,624 | |
| Current assets | 29/58 | €20,938 | €58,314 | +€37,376 | +179% |
| Amounts receivable within one year | 40/41 | €17,088 | €47,913 | +€30,825 | +180% |
| Trade receivables | 40 | €11,931 | €15,584 | +€3,653 | +30.6% |
| Other amounts receivable | 41 | €5,157 | €32,329 | +€27,172 | +527% |
| Cash at bank and in hand | 54/58 | €3,850 | €8,401 | +€4,551 | +118% |
| Deferred charges and accrued income | 490/1 | - | €1,999 | +€1,999 | |
| Total equity and liabilities | 10/49 | €22,269 | €88,813 | +€66,544 | +299% |
| Equity | 10/15 | €17,209 | €71,032 | +€53,822 | +313% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,209 | €66,032 | +€53,822 | +441% |
| Amounts payable | 17/49 | €5,060 | €17,781 | +€12,721 | +251% |
| Amounts payable within one year | 42/48 | €5,060 | €17,781 | +€12,721 | +251% |
| Trade debts | 44 | €658 | €269 | -€390 | -59.2% |
| Suppliers | 440/4 | €658 | €269 | -€390 | -59.2% |
| Taxes, remuneration and social security | 45 | €4,401 | €17,512 | +€13,111 | +298% |
| Taxes | 450/3 | €4,401 | €17,512 | +€13,111 | +298% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,907 | €3,207 | +€1,300 | +68.2% |
| Other operating charges | 640/8 | €313 | €367 | +€54 | +17.2% |
| Gross operating margin | 9900 | -€9,052 | €68,916 | +€77,968 | |
| Operating profit (loss) | 9901 | -€11,273 | €65,341 | +€76,614 | |
| Financial income | 75/76B | €146 | €1,016 | +€870 | +595% |
| Recurring financial income | 75 | €146 | €1,016 | +€870 | +595% |
| Financial charges | 65/66B | €137 | €580 | +€443 | +323% |
| Recurring financial charges | 65 | €137 | €580 | +€443 | +323% |
| Profit (loss) for the period before taxes | 9903 | -€11,264 | €65,777 | +€77,041 | |
| Income taxes | 67/77 | - | €11,955 | +€11,955 | |
| Profit (loss) for the period | 9904 | -€11,264 | €53,822 | +€65,086 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,264 | €53,822 | +€65,086 |
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 18 October 2026 via checked.be.