2Circle: what changed
What changed
2Circle
NACE 62.200, Computer consultancy and computer facilities management
filed annual accounts (NBB)
Net result for the year
€109,520
2024 · €97,497+€12,024
Equity
€401,074
2024 · €357,553+€43,520
Cash
€322,611
2024 · €315,164+€7,447
Balance sheet total
€451,898
2024 · €419,661+€32,237
Largest movements
Assets
- Receivables within one year +€24,292
up €24,292 (+70.8%), from €34,291 to €58,582
of which Other amounts receivable: +€25,949
- Cash +€7,447
up €7,447 (+2.4%), from €315,164 to €322,611
mainly Net result for the year (+€109,520) and Depreciation (+€9,909)
Equity and liabilities
- Reserves +€43,000
up €43,000 (+13.4%), from €320,594 to €363,594
of which Distributable reserves: +€43,000
- Other debts -€15,744
down €15,744 (-34.5%), from €45,688 to €29,944
- Tax, wage and social debts +€5,516
up €5,516 (+37.8%), from €14,583 to €20,098
of which Remuneration and social security: +€3,389
Income statement
- Gross operating margin +€25,788
up €25,788 (+16.0%), from €160,738 to €186,526
- Staff costs +€11,846
new in 2025: €11,846
- Taxes +€5,701
up €5,701 (+12.4%), from €46,109 to €51,810
- Depreciation -€3,061
down €3,061 (-23.6%), from €12,970 to €9,909
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€97,497
Gross operating margin
+€25,788
Staff costs
-€11,846
Depreciation
+€3,061
Other operating charges
-€98
Other operating items
+€728
Financial income
-€42
Financial charges
+€134
Taxes
-€5,701
Result 2025
€109,520
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€83,648
Investment
-€10,201
Financing
-€66,000
Cash 2024
€315,164
From operations (derived)
+€83,648
Net result for the year
+€109,520
Depreciation
+€9,909
Receivables within one year
-€24,292
Deferred charges and accrued income
-€206
Trade debts
-€1,055
Tax, wage and social debts
+€5,516
Other debts
-€15,744
Investment (derived)
-€10,201
Investment in fixed assets (net)
-€10,201
Financing
-€66,000
Contributions, distributions and other
-€66,000
Cash 2025
€322,611
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €419,661 | €451,898 | +€32,237 | +7.7% |
| Fixed assets | 21/28 | €43,426 | €43,718 | +€292 | +0.7% |
| Tangible fixed assets | 22/27 | €42,966 | €43,258 | +€292 | +0.7% |
| Land and buildings | 22 | €23,675 | €22,008 | -€1,667 | -7.0% |
| Plant, machinery and equipment | 23 | €3,161 | €12,050 | +€8,889 | +281% |
| Furniture and vehicles | 24 | €10,475 | €5,185 | -€5,290 | -50.5% |
| Other tangible fixed assets | 26 | €5,654 | €4,014 | -€1,640 | -29.0% |
| Financial fixed assets | 28 | €460 | €460 | = | 0.0% |
| Current assets | 29/58 | €376,235 | €408,180 | +€31,945 | +8.5% |
| Amounts receivable within one year | 40/41 | €34,291 | €58,582 | +€24,292 | +70.8% |
| Trade receivables | 40 | €30,240 | €28,582 | -€1,658 | -5.5% |
| Other amounts receivable | 41 | €4,051 | €30,000 | +€25,949 | +641% |
| Current investments | 50/53 | €25,000 | €25,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €315,164 | €322,611 | +€7,447 | +2.4% |
| Deferred charges and accrued income | 490/1 | €1,781 | €1,987 | +€206 | +11.6% |
| Total equity and liabilities | 10/49 | €419,661 | €451,898 | +€32,237 | +7.7% |
| Equity | 10/15 | €357,553 | €401,074 | +€43,520 | +12.2% |
| Contributions | 10/11 | €35,945 | €35,945 | = | 0.0% |
| Reserves | 13 | €320,594 | €363,594 | +€43,000 | +13.4% |
| Non-distributable reserves | 130/1 | €3,594 | €3,594 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,594 | €3,594 | = | 0.0% |
| Distributable reserves | 133 | €317,000 | €360,000 | +€43,000 | +13.6% |
| Profit (loss) carried forward | 14 | €1,014 | €1,535 | +€520 | +51.3% |
| Amounts payable | 17/49 | €62,108 | €50,824 | -€11,284 | -18.2% |
| Amounts payable within one year | 42/48 | €62,108 | €50,824 | -€11,284 | -18.2% |
| Trade debts | 44 | €1,837 | €782 | -€1,055 | -57.4% |
| Suppliers | 440/4 | €1,837 | €782 | -€1,055 | -57.4% |
| Taxes, remuneration and social security | 45 | €14,583 | €20,098 | +€5,516 | +37.8% |
| Taxes | 450/3 | €14,583 | €16,709 | +€2,127 | +14.6% |
| Remuneration and social security | 454/9 | - | €3,389 | +€3,389 | |
| Other amounts payable | 47/48 | €45,688 | €29,944 | -€15,744 | -34.5% |
| Remuneration, social security and pensions | 62 | - | €11,846 | +€11,846 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,970 | €9,909 | -€3,061 | -23.6% |
| Other operating charges | 640/8 | €594 | €693 | +€98 | +16.6% |
| Non-recurring operating charges | 66A | €1,117 | €389 | -€728 | -65.2% |
| Gross operating margin | 9900 | €160,738 | €186,526 | +€25,788 | +16.0% |
| Operating profit (loss) | 9901 | €146,057 | €163,691 | +€17,633 | +12.1% |
| Financial income | 75/76B | €529 | €486 | -€42 | -8.0% |
| Recurring financial income | 75 | €529 | €486 | -€42 | -8.0% |
| Financial charges | 65/66B | €2,981 | €2,847 | -€134 | -4.5% |
| Recurring financial charges | 65 | €2,981 | €2,847 | -€134 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | €143,605 | €161,330 | +€17,725 | +12.3% |
| Income taxes | 67/77 | €46,109 | €51,810 | +€5,701 | +12.4% |
| Profit (loss) for the period | 9904 | €97,497 | €109,520 | +€12,024 | +12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €97,497 | €109,520 | +€12,024 | +12.3% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.