Front.view: 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.
Front.view
Largest movements
- Receivables within one year +€18,589
up €18,589 (+128%), from €14,520 to €33,109
of which Trade receivables: +€16,601
- Cash +€6,617
up €6,617 (+64.1%), from €10,320 to €16,937
mainly Trade debts (+€28,668) and Other debts (+€471)
- Tangible fixed assets +€1,696
up €1,696 (+63.5%), from €2,670 to €4,366
of which Other tangible fixed assets: +€1,427
- Deferred charges and accrued income +€1,098
up €1,098 (+467%), from €235 to €1,334
- Trade debts +€28,668
up €28,668 (+4,670%), from €614 to €29,282
- Tax, wage and social debts -€699
down €699 (-6.9%), from €10,140 to €9,441
of which Taxes: -€699
- Gross operating margin -€2,889
down €2,889 (-36.2%), from €7,969 to €5,081
- Taxes -€1,414
down €1,414 (-92.7%), from €1,524 to €111
- Other operating charges +€1,122
up €1,122 (+155%), from €725 to €1,847
- Depreciation +€386
up €386 (+2,920%), from €13 to €400
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 | €27,745 | €55,745 | +€28,001 | +101% |
| Fixed assets | 21/28 | €2,670 | €4,366 | +€1,696 | +63.5% |
| Tangible fixed assets | 22/27 | €2,670 | €4,366 | +€1,696 | +63.5% |
| Furniture and vehicles | 24 | €2,670 | €2,939 | +€269 | +10.1% |
| Other tangible fixed assets | 26 | - | €1,427 | +€1,427 | |
| Current assets | 29/58 | €25,075 | €51,379 | +€26,304 | +105% |
| Amounts receivable within one year | 40/41 | €14,520 | €33,109 | +€18,589 | +128% |
| Trade receivables | 40 | €14,520 | €31,121 | +€16,601 | +114% |
| Other amounts receivable | 41 | - | €1,988 | +€1,988 | |
| Cash at bank and in hand | 54/58 | €10,320 | €16,937 | +€6,617 | +64.1% |
| Deferred charges and accrued income | 490/1 | €235 | €1,334 | +€1,098 | +467% |
| Total equity and liabilities | 10/49 | €27,745 | €55,745 | +€28,001 | +101% |
| Equity | 10/15 | €12,577 | €12,128 | -€448 | -3.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €9,577 | €9,128 | -€448 | -4.7% |
| Distributable reserves | 133 | €9,577 | €9,128 | -€448 | -4.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €15,168 | €43,617 | +€28,449 | +188% |
| Amounts payable within one year | 42/48 | €14,908 | €43,348 | +€28,440 | +191% |
| Trade debts | 44 | €614 | €29,282 | +€28,668 | +4,670% |
| Suppliers | 440/4 | €614 | €29,282 | +€28,668 | +4,670% |
| Taxes, remuneration and social security | 45 | €10,140 | €9,441 | -€699 | -6.9% |
| Taxes | 450/3 | €8,140 | €7,441 | -€699 | -8.6% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €4,154 | €4,625 | +€471 | +11.3% |
| Accrued charges and deferred income | 492/3 | €260 | €269 | +€9 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13 | €400 | +€386 | +2,920% |
| Other operating charges | 640/8 | €725 | €1,847 | +€1,122 | +155% |
| Non-recurring operating charges | 66A | - | €2,717 | +€2,717 | |
| Gross operating margin | 9900 | €7,969 | €5,081 | -€2,889 | -36.2% |
| Operating profit (loss) | 9901 | €7,231 | €116 | -€7,115 | -98.4% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €407 | €454 | +€47 | +11.6% |
| Recurring financial charges | 65 | €407 | €454 | +€47 | +11.6% |
| Profit (loss) for the period before taxes | 9903 | €6,824 | -€338 | -€7,162 | |
| Income taxes | 67/77 | €1,524 | €111 | -€1,414 | -92.7% |
| Profit (loss) for the period | 9904 | €5,300 | -€448 | -€5,748 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,300 | -€448 | -€5,748 |
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 20 October 2026 via checked.be.