CTRL N: 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.
CTRL N
Largest movements
- Receivables within one year +€19,690
up €19,690 (+47.7%), from €41,274 to €60,964
of which Trade receivables: +€9,880
- Cash +€17,280
up €17,280 (+73.3%), from €23,575 to €40,855
mainly Net result for the year (+€31,826) and Tax, wage and social debts (+€15,048)
- Tangible fixed assets -€3,624
down €3,624 (-28.9%), from €12,553 to €8,929
of which Furniture and vehicles: -€2,131
- Reserves +€23,351
up €23,351 (+45.1%), from €51,723 to €75,074
- Tax, wage and social debts +€15,048
up €15,048 (+185%), from €8,155 to €23,204
- Trade debts -€4,782
down €4,782 (-60.6%), from €7,886 to €3,104
- Gross operating margin +€24,670
up €24,670 (+81.0%), from €30,445 to €55,115
- Taxes +€9,775
up €9,775 (+259%), from €3,771 to €13,546
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 | €77,765 | €111,783 | +€34,018 | +43.7% |
| Fixed assets | 21/28 | €12,553 | €8,929 | -€3,624 | -28.9% |
| Tangible fixed assets | 22/27 | €12,553 | €8,929 | -€3,624 | -28.9% |
| Plant, machinery and equipment | 23 | €616 | €197 | -€419 | -68.1% |
| Furniture and vehicles | 24 | €3,341 | €1,210 | -€2,131 | -63.8% |
| Other tangible fixed assets | 26 | €8,596 | €7,522 | -€1,074 | -12.5% |
| Current assets | 29/58 | €65,212 | €102,854 | +€37,641 | +57.7% |
| Amounts receivable within one year | 40/41 | €41,274 | €60,964 | +€19,690 | +47.7% |
| Trade receivables | 40 | €36,122 | €46,002 | +€9,880 | +27.4% |
| Other amounts receivable | 41 | €5,151 | €14,962 | +€9,810 | +190% |
| Cash at bank and in hand | 54/58 | €23,575 | €40,855 | +€17,280 | +73.3% |
| Deferred charges and accrued income | 490/1 | €364 | €1,035 | +€671 | +185% |
| Total equity and liabilities | 10/49 | €77,765 | €111,783 | +€34,018 | +43.7% |
| Equity | 10/15 | €61,723 | €85,074 | +€23,351 | +37.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €51,723 | €75,074 | +€23,351 | +45.1% |
| Distributable reserves | 133 | €51,723 | €75,074 | +€23,351 | +45.1% |
| Amounts payable | 17/49 | €16,042 | €26,709 | +€10,667 | +66.5% |
| Amounts payable within one year | 42/48 | €16,042 | €26,709 | +€10,667 | +66.5% |
| Financial debts | 43 | - | €401 | +€401 | |
| Credit institutions | 430/8 | - | €401 | +€401 | |
| Trade debts | 44 | €7,886 | €3,104 | -€4,782 | -60.6% |
| Suppliers | 440/4 | €7,886 | €3,104 | -€4,782 | -60.6% |
| Taxes, remuneration and social security | 45 | €8,155 | €23,204 | +€15,048 | +185% |
| Taxes | 450/3 | €8,155 | €23,204 | +€15,048 | +185% |
| Non-recurring operating income | 76A | - | €5,659 | +€5,659 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,039 | €2,017 | -€23 | -1.1% |
| Other operating charges | 640/8 | €1,941 | €2,036 | +€95 | +4.9% |
| Non-recurring operating charges | 66A | - | €3,857 | +€3,857 | |
| Gross operating margin | 9900 | €30,445 | €55,115 | +€24,670 | +81.0% |
| Operating profit (loss) | 9901 | €26,465 | €47,206 | +€20,741 | +78.4% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €1,614 | €1,839 | +€225 | +14.0% |
| Recurring financial charges | 65 | €1,614 | €1,839 | +€225 | +14.0% |
| Profit (loss) for the period before taxes | 9903 | €24,851 | €45,371 | +€20,520 | +82.6% |
| Income taxes | 67/77 | €3,771 | €13,546 | +€9,775 | +259% |
| Profit (loss) for the period | 9904 | €21,080 | €31,826 | +€10,746 | +51.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,080 | €31,826 | +€10,746 | +51.0% |
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 30 October 2026 via checked.be.