2FAct: what changed
2FAct
Largest movements
- Cash -€7,078
down €7,078 (-27.3%), from €25,921 to €18,843
mainly Trade debts (-€5,840) and Investment in fixed assets (net) (-€5,000)
- Tangible fixed assets +€4,500
new in 2025: €4,500
- Current investments +€3,200
new in 2025: €3,200
- Receivables within one year +€2,976
up €2,976 (+21.4%), from €13,921 to €16,897
of which Other amounts receivable: +€1,976
- Deferred charges and accrued income +€748
new in 2025: €748
- Reserves +€10,211
up €10,211 (+62.6%), from €16,311 to €26,522
- Trade debts -€5,840
down €5,840 (-83.9%), from €6,962 to €1,121
- Other debts +€2,585
up €2,585 (+249%), from €1,039 to €3,624
- Tax, wage and social debts -€2,110
down €2,110 (-31.8%), from €6,631 to €4,521
- Gross operating margin -€16,311
down €16,311 (-49.5%), from €32,980 to €16,669
- Taxes -€1,645
down €1,645 (-24.8%), from €6,631 to €4,986
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €43,342 | €48,188 | +€4,846 | +11.2% |
| Fixed assets | 21/28 | €3,500 | €8,500 | +€5,000 | +143% |
| Tangible fixed assets | 22/27 | - | €4,500 | +€4,500 | |
| Furniture and vehicles | 24 | - | €4,500 | +€4,500 | |
| Financial fixed assets | 28 | €3,500 | €4,000 | +€500 | +14.3% |
| Current assets | 29/58 | €39,842 | €39,688 | -€154 | -0.4% |
| Amounts receivable within one year | 40/41 | €13,921 | €16,897 | +€2,976 | +21.4% |
| Trade receivables | 40 | €11,000 | €12,000 | +€1,000 | +9.1% |
| Other amounts receivable | 41 | €2,921 | €4,897 | +€1,976 | +67.6% |
| Current investments | 50/53 | - | €3,200 | +€3,200 | |
| Cash at bank and in hand | 54/58 | €25,921 | €18,843 | -€7,078 | -27.3% |
| Deferred charges and accrued income | 490/1 | - | €748 | +€748 | |
| Total equity and liabilities | 10/49 | €43,342 | €48,188 | +€4,846 | +11.2% |
| Equity | 10/15 | €28,711 | €38,922 | +€10,211 | +35.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €16,311 | €26,522 | +€10,211 | +62.6% |
| Distributable reserves | 133 | €16,311 | €26,522 | +€10,211 | +62.6% |
| Amounts payable | 17/49 | €14,632 | €9,266 | -€5,365 | -36.7% |
| Amounts payable within one year | 42/48 | €14,632 | €9,266 | -€5,365 | -36.7% |
| Trade debts | 44 | €6,962 | €1,121 | -€5,840 | -83.9% |
| Suppliers | 440/4 | €6,962 | €1,121 | -€5,840 | -83.9% |
| Taxes, remuneration and social security | 45 | €6,631 | €4,521 | -€2,110 | -31.8% |
| Taxes | 450/3 | €6,631 | €4,521 | -€2,110 | -31.8% |
| Other amounts payable | 47/48 | €1,039 | €3,624 | +€2,585 | +249% |
| Other operating charges | 640/8 | €454 | €457 | +€3 | +0.6% |
| Gross operating margin | 9900 | €32,980 | €16,669 | -€16,311 | -49.5% |
| Operating profit (loss) | 9901 | €32,525 | €16,211 | -€16,314 | -50.2% |
| Financial charges | 65/66B | €718 | €1,014 | +€296 | +41.3% |
| Recurring financial charges | 65 | €718 | €1,014 | +€296 | +41.3% |
| Profit (loss) for the period before taxes | 9903 | €31,808 | €15,197 | -€16,610 | -52.2% |
| Income taxes | 67/77 | €6,631 | €4,986 | -€1,645 | -24.8% |
| Profit (loss) for the period | 9904 | €25,177 | €10,211 | -€14,966 | -59.4% |
| Profit (loss) for the period to be appropriated | 9905 | €25,177 | €10,211 | -€14,966 | -59.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.