YOUR SUIT: 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 SUIT
Largest movements
- Cash -€60,222
down €60,222 (-35.1%), from €171,364 to €111,142
mainly Receivables within one year (-€41,578) and Current portion of long-term debt (-€33,333)
- Receivables within one year +€41,578
up €41,578 (+57.1%), from €72,851 to €114,429
of which Trade receivables: +€34,884
- Stocks and contracts +€33,140
up €33,140 (+7.9%), from €417,598 to €450,737
- Deferred charges and accrued income +€12,893
up €12,893 (+152%), from €8,460 to €21,353
- Tangible fixed assets -€9,605
down €9,605 (-10.7%), from €89,997 to €80,392
of which Other tangible fixed assets: -€15,547
- Trade debts +€51,173
up €51,173 (+16.5%), from €310,215 to €361,388
- Current portion of long-term debt -€33,333
down €33,333 (-66.7%), from €50,000 to €16,667
- Debts after one year -€12,500
down €12,500 (-100%), from €12,500 to €0
- Gross operating margin -€32,656
down €32,656 (-15.7%), from €207,420 to €174,763
- Other operating charges +€16,825
up €16,825 (+358%), from €4,701 to €21,526
- Taxes -€11,626
down €11,626 (-53.7%), from €21,631 to €10,004
- Financial charges +€5,947
up €5,947 (+76.8%), from €7,747 to €13,695
- Staff costs +€5,497
up €5,497 (+5.3%), from €103,750 to €109,247
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 | €768,529 | €784,053 | +€15,524 | +2.0% |
| Fixed assets | 21/28 | €98,257 | €86,392 | -€11,864 | -12.1% |
| Intangible fixed assets | 21 | €7,500 | €5,000 | -€2,500 | -33.3% |
| Tangible fixed assets | 22/27 | €89,997 | €80,392 | -€9,605 | -10.7% |
| Plant, machinery and equipment | 23 | €2,279 | €1,495 | -€784 | -34.4% |
| Furniture and vehicles | 24 | €1,566 | €8,292 | +€6,727 | +430% |
| Other tangible fixed assets | 26 | €86,152 | €70,605 | -€15,547 | -18.0% |
| Financial fixed assets | 28 | €760 | €1,000 | +€240 | +31.6% |
| Current assets | 29/58 | €670,272 | €697,661 | +€27,389 | +4.1% |
| Stocks and contracts in progress | 3 | €417,598 | €450,737 | +€33,140 | +7.9% |
| Stocks | 30/36 | €417,598 | €450,737 | +€33,140 | +7.9% |
| Amounts receivable within one year | 40/41 | €72,851 | €114,429 | +€41,578 | +57.1% |
| Trade receivables | 40 | €57,036 | €91,920 | +€34,884 | +61.2% |
| Other amounts receivable | 41 | €15,815 | €22,508 | +€6,693 | +42.3% |
| Cash at bank and in hand | 54/58 | €171,364 | €111,142 | -€60,222 | -35.1% |
| Deferred charges and accrued income | 490/1 | €8,460 | €21,353 | +€12,893 | +152% |
| Total equity and liabilities | 10/49 | €768,529 | €784,053 | +€15,524 | +2.0% |
| Equity | 10/15 | €262,233 | €264,302 | +€2,068 | +0.8% |
| Contributions | 10/11 | €206,150 | €206,150 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,223 | €56,292 | +€2,068 | +3.8% |
| Amounts payable | 17/49 | €506,296 | €519,752 | +€13,456 | +2.7% |
| Amounts payable after more than one year | 17 | €12,500 | €0 | -€12,500 | -100% |
| Financial debts | 170/4 | €12,500 | €0 | -€12,500 | -100% |
| Amounts payable within one year | 42/48 | €493,796 | €519,752 | +€25,956 | +5.3% |
| Current portion of amounts payable after more than one year | 42 | €50,000 | €16,667 | -€33,333 | -66.7% |
| Trade debts | 44 | €310,215 | €361,388 | +€51,173 | +16.5% |
| Suppliers | 440/4 | €310,215 | €361,388 | +€51,173 | +16.5% |
| Advances received on contracts in progress | 46 | - | €400 | +€400 | |
| Taxes, remuneration and social security | 45 | €133,581 | €141,297 | +€7,717 | +5.8% |
| Taxes | 450/3 | €108,954 | €123,237 | +€14,282 | +13.1% |
| Remuneration and social security | 454/9 | €24,626 | €18,061 | -€6,566 | -26.7% |
| Remuneration, social security and pensions | 62 | €103,750 | €109,247 | +€5,497 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,582 | €23,705 | +€1,123 | +5.0% |
| Other operating charges | 640/8 | €4,701 | €21,526 | +€16,825 | +358% |
| Non-recurring operating charges | 66A | €1,000 | €0 | -€1,000 | -100% |
| Gross operating margin | 9900 | €207,420 | €174,763 | -€32,656 | -15.7% |
| Operating profit (loss) | 9901 | €75,386 | €20,285 | -€55,101 | -73.1% |
| Financial income | 75/76B | €2,911 | €5,482 | +€2,571 | +88.3% |
| Recurring financial income | 75 | €2,911 | €5,482 | +€2,571 | +88.3% |
| Financial charges | 65/66B | €7,747 | €13,695 | +€5,947 | +76.8% |
| Recurring financial charges | 65 | €7,747 | €13,695 | +€5,947 | +76.8% |
| Profit (loss) for the period before taxes | 9903 | €70,550 | €12,073 | -€58,477 | -82.9% |
| Income taxes | 67/77 | €21,631 | €10,004 | -€11,626 | -53.7% |
| Profit (loss) for the period | 9904 | €48,919 | €2,068 | -€46,851 | -95.8% |
| Profit (loss) for the period to be appropriated | 9905 | €48,919 | €2,068 | -€46,851 | -95.8% |
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 28 October 2026 via checked.be.