YOUR VISUAL HERE: 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 VISUAL HERE
Largest movements
- Cash +€17,177
new in 2025: €17,177
mainly Net result for the year (+€27,498) and Current investments (+€15,805)
- Current investments -€15,805
no longer reported in 2025 (was €15,805)
- Intangible fixed assets -€2,400
down €2,400 (-33.7%), from €7,121 to €4,721
- Tangible fixed assets +€1,300
up €1,300 (+54.0%), from €2,410 to €3,711
of which Other tangible fixed assets: +€2,970
- Trade debts -€27,642
down €27,642 (-48.9%), from €56,523 to €28,881
- Profit (loss) carried forward +€27,498
up €27,498, from -€12,734 to €14,764
- Short-term financial debts +€5,139
new in 2025: €5,139
- Other debts -€4,800
down €4,800 (-65.5%), from €7,334 to €2,534
- Gross operating margin +€50,077
up €50,077, from -€15,628 to €34,449
- Financial charges +€2,418
up €2,418 (+1139.3%), from €212 to €2,630
- Financial income -€2,049
down €2,049 (-93.3%), from €2,197 to €148
- Depreciation -€1,726
down €1,726 (-36.9%), from €4,674 to €2,949
- Other operating charges +€1,134
up €1,134 (+292.7%), from €387 to €1,521
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 | €59,183 | €59,378 | +€194 | +0.3% |
| Fixed assets | 21/28 | €9,531 | €8,432 | -€1,100 | -11.5% |
| Intangible fixed assets | 21 | €7,121 | €4,721 | -€2,400 | -33.7% |
| Tangible fixed assets | 22/27 | €2,410 | €3,711 | +€1,300 | +54.0% |
| Furniture and vehicles | 24 | €2,410 | €741 | -€1,670 | -69.3% |
| Other tangible fixed assets | 26 | - | €2,970 | +€2,970 | |
| Current assets | 29/58 | €49,652 | €50,946 | +€1,294 | +2.6% |
| Stocks and contracts in progress | 3 | €2,214 | €1,729 | -€484 | -21.9% |
| Stocks | 30/36 | €2,214 | €1,729 | -€484 | -21.9% |
| Amounts receivable within one year | 40/41 | €31,253 | €31,577 | +€324 | +1.0% |
| Trade receivables | 40 | €28,083 | €29,554 | +€1,471 | +5.2% |
| Other amounts receivable | 41 | €3,170 | €2,023 | -€1,147 | -36.2% |
| Current investments | 50/53 | €15,805 | - | -€15,805 | |
| Cash at bank and in hand | 54/58 | - | €17,177 | +€17,177 | |
| Deferred charges and accrued income | 490/1 | €381 | €463 | +€82 | +21.6% |
| Total equity and liabilities | 10/49 | €59,183 | €59,378 | +€194 | +0.3% |
| Equity | 10/15 | -€4,674 | €22,824 | +€27,498 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 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 | -€12,734 | €14,764 | +€27,498 | |
| Amounts payable | 17/49 | €63,857 | €36,554 | -€27,303 | -42.8% |
| Amounts payable within one year | 42/48 | €63,857 | €36,554 | -€27,303 | -42.8% |
| Financial debts | 43 | - | €5,139 | +€5,139 | |
| Credit institutions | 430/8 | - | €5,139 | +€5,139 | |
| Trade debts | 44 | €56,523 | €28,881 | -€27,642 | -48.9% |
| Suppliers | 440/4 | €56,523 | €28,881 | -€27,642 | -48.9% |
| Other amounts payable | 47/48 | €7,334 | €2,534 | -€4,800 | -65.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,674 | €2,949 | -€1,726 | -36.9% |
| Other operating charges | 640/8 | €387 | €1,521 | +€1,134 | +292.7% |
| Gross operating margin | 9900 | -€15,628 | €34,449 | +€50,077 | |
| Operating profit (loss) | 9901 | -€20,689 | €29,980 | +€50,669 | |
| Financial income | 75/76B | €2,197 | €148 | -€2,049 | -93.3% |
| Recurring financial income | 75 | €2,197 | €148 | -€2,049 | -93.3% |
| Financial charges | 65/66B | €212 | €2,630 | +€2,418 | +1139.3% |
| Recurring financial charges | 65 | €212 | €2,630 | +€2,418 | +1139.3% |
| Profit (loss) for the period before taxes | 9903 | -€18,704 | €27,498 | +€46,202 | |
| Profit (loss) for the period | 9904 | -€18,704 | €27,498 | +€46,202 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,704 | €27,498 | +€46,202 |
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 11 October 2026 via checked.be.