NEXT STEP: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
NEXT STEP
Largest movements
- Cash +€13,775
up €13,775 (+155%), from €8,889 to €22,664
mainly Net result for the year (+€12,855) and Depreciation (+€4,200)
- Tangible fixed assets -€2,744
down €2,744 (-17.7%), from €15,537 to €12,793
of which Furniture and vehicles: -€3,600
- Receivables within one year +€2,156
up €2,156 (+74.9%), from €2,880 to €5,036
- Profit (loss) carried forward +€12,855
up €12,855 (+191%), from €6,743 to €19,598
- Tax, wage and social debts -€1,791
down €1,791 (-16.9%), from €10,630 to €8,838
of which Remuneration and social security: -€3,500
- Advances received +€1,573
new in 2025: €1,573
- Trade debts +€715
new in 2025: €715
- Gross operating margin +€17,472
up €17,472 (+418%), from €4,180 to €21,652
- Taxes +€3,557
up €3,557 (+753%), from €472 to €4,029
- Depreciation +€368
up €368 (+9.6%), from €3,832 to €4,200
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 | €27,656 | €41,112 | +€13,456 | +48.7% |
| Fixed assets | 21/28 | €15,537 | €12,793 | -€2,744 | -17.7% |
| Tangible fixed assets | 22/27 | €15,537 | €12,793 | -€2,744 | -17.7% |
| Furniture and vehicles | 24 | €10,810 | €7,210 | -€3,600 | -33.3% |
| Other tangible fixed assets | 26 | €4,727 | €5,583 | +€856 | +18.1% |
| Current assets | 29/58 | €12,119 | €28,319 | +€16,200 | +134% |
| Amounts receivable within one year | 40/41 | €2,880 | €5,036 | +€2,156 | +74.9% |
| Trade receivables | 40 | €2,880 | €5,036 | +€2,156 | +74.9% |
| Cash at bank and in hand | 54/58 | €8,889 | €22,664 | +€13,775 | +155% |
| Deferred charges and accrued income | 490/1 | €350 | €619 | +€269 | +76.8% |
| Total equity and liabilities | 10/49 | €27,656 | €41,112 | +€13,456 | +48.7% |
| Equity | 10/15 | €9,243 | €22,098 | +€12,855 | +139% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,743 | €19,598 | +€12,855 | +191% |
| Amounts payable | 17/49 | €18,413 | €19,014 | +€601 | +3.3% |
| Amounts payable within one year | 42/48 | €18,413 | €19,014 | +€601 | +3.3% |
| Trade debts | 44 | - | €715 | +€715 | |
| Suppliers | 440/4 | - | €715 | +€715 | |
| Advances received on contracts in progress | 46 | - | €1,573 | +€1,573 | |
| Taxes, remuneration and social security | 45 | €10,630 | €8,838 | -€1,791 | -16.9% |
| Taxes | 450/3 | €5,366 | €7,075 | +€1,709 | +31.8% |
| Remuneration and social security | 454/9 | €5,263 | €1,763 | -€3,500 | -66.5% |
| Other amounts payable | 47/48 | €7,783 | €7,887 | +€104 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,832 | €4,200 | +€368 | +9.6% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €4,180 | €21,652 | +€17,472 | +418% |
| Operating profit (loss) | 9901 | -€39 | €17,052 | +€17,091 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €153 | €168 | +€15 | +9.8% |
| Recurring financial charges | 65 | €153 | €168 | +€15 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | -€192 | €16,884 | +€17,076 | |
| Income taxes | 67/77 | €472 | €4,029 | +€3,557 | +753% |
| Profit (loss) for the period | 9904 | -€664 | €12,855 | +€13,519 | |
| Profit (loss) for the period to be appropriated | 9905 | -€664 | €12,855 | +€13,519 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.