ZOOOM: 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.
ZOOOM
Largest movements
- Receivables within one year +€22,382
up €22,382 (+21.3%), from €105,082 to €127,464
of which Trade receivables: +€15,378
- Tangible fixed assets +€2,755
up €2,755 (+18.8%), from €14,673 to €17,428
of which Furniture and vehicles: +€4,076
- Reserves +€17,954
up €17,954 (+19.1%), from €93,925 to €111,880
of which Distributable reserves: +€17,954
- Tax, wage and social debts +€13,487
up €13,487 (+54.7%), from €24,637 to €38,123
- Accrued charges and deferred income -€2,667
down €2,667 (-56.9%), from €4,684 to €2,018
- Trade debts -€1,989
down €1,989 (-46.5%), from €4,273 to €2,285
- Gross operating margin -€23,956
down €23,956 (-39.3%), from €60,965 to €37,009
- Taxes -€8,417
down €8,417 (-48.3%), from €17,417 to €9,000
- Other operating charges +€2,939
up €2,939 (+102%), from €2,886 to €5,825
- Financial income -€1,919
down €1,919 (-21.8%), from €8,813 to €6,894
- Depreciation -€981
down €981 (-8.2%), from €11,946 to €10,965
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 | €165,780 | €192,323 | +€26,543 | +16.0% |
| Fixed assets | 21/28 | €15,123 | €17,428 | +€2,305 | +15.2% |
| Tangible fixed assets | 22/27 | €14,673 | €17,428 | +€2,755 | +18.8% |
| Plant, machinery and equipment | 23 | €1,122 | €0 | -€1,122 | -100% |
| Furniture and vehicles | 24 | €9,681 | €13,757 | +€4,076 | +42.1% |
| Other tangible fixed assets | 26 | €3,870 | €3,671 | -€199 | -5.1% |
| Financial fixed assets | 28 | €450 | €0 | -€450 | -100% |
| Current assets | 29/58 | €150,657 | €174,894 | +€24,238 | +16.1% |
| Amounts receivable after more than one year | 29 | €44,000 | €44,000 | = | 0.0% |
| Other amounts receivable | 291 | €44,000 | €44,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €105,082 | €127,464 | +€22,382 | +21.3% |
| Trade receivables | 40 | €3,521 | €18,899 | +€15,378 | +437% |
| Other amounts receivable | 41 | €101,561 | €108,565 | +€7,004 | +6.9% |
| Cash at bank and in hand | 54/58 | €0 | €514 | +€514 | |
| Deferred charges and accrued income | 490/1 | €1,575 | €2,917 | +€1,343 | +85.3% |
| Total equity and liabilities | 10/49 | €165,780 | €192,323 | +€26,543 | +16.0% |
| Equity | 10/15 | €114,819 | €132,774 | +€17,954 | +15.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €93,925 | €111,880 | +€17,954 | +19.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €93,925 | €111,880 | +€17,954 | +19.1% |
| Profit (loss) carried forward | 14 | €2,294 | €2,294 | = | 0.0% |
| Amounts payable | 17/49 | €50,960 | €59,549 | +€8,589 | +16.9% |
| Amounts payable within one year | 42/48 | €46,276 | €57,531 | +€11,255 | +24.3% |
| Financial debts | 43 | €243 | €0 | -€243 | -100% |
| Credit institutions | 430/8 | €243 | €0 | -€243 | -100% |
| Trade debts | 44 | €4,273 | €2,285 | -€1,989 | -46.5% |
| Suppliers | 440/4 | €4,273 | €2,285 | -€1,989 | -46.5% |
| Taxes, remuneration and social security | 45 | €24,637 | €38,123 | +€13,487 | +54.7% |
| Taxes | 450/3 | €24,637 | €38,123 | +€13,487 | +54.7% |
| Other amounts payable | 47/48 | €17,123 | €17,123 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €4,684 | €2,018 | -€2,667 | -56.9% |
| Non-recurring operating income | 76A | - | €500 | +€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,946 | €10,965 | -€981 | -8.2% |
| Other operating charges | 640/8 | €2,886 | €5,825 | +€2,939 | +102% |
| Gross operating margin | 9900 | €60,965 | €37,009 | -€23,956 | -39.3% |
| Operating profit (loss) | 9901 | €46,133 | €20,219 | -€25,914 | -56.2% |
| Financial income | 75/76B | €8,813 | €6,894 | -€1,919 | -21.8% |
| Recurring financial income | 75 | €8,813 | €6,894 | -€1,919 | -21.8% |
| Financial charges | 65/66B | €75 | €159 | +€84 | +112% |
| Recurring financial charges | 65 | €75 | €159 | +€84 | +112% |
| Profit (loss) for the period before taxes | 9903 | €54,871 | €26,954 | -€27,917 | -50.9% |
| Income taxes | 67/77 | €17,417 | €9,000 | -€8,417 | -48.3% |
| Profit (loss) for the period | 9904 | €37,455 | €17,954 | -€19,500 | -52.1% |
| Profit (loss) for the period to be appropriated | 9905 | €37,455 | €17,954 | -€19,500 | -52.1% |
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 21 October 2026 via checked.be.