Cédric G: what changed
Two fiscal 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.
Cédric G
Largest movements
- Cash +€31,984
up €31,984 (+15472.1%), from €207 to €32,191
mainly Net result for the year (+€39,374) and Tax, wage and social debts (+€15,483)
- Receivables within one year +€22,029
up €22,029 (+3158.8%), from €697 to €22,727
of which Trade receivables: +€16,940
- Profit (loss) carried forward +€39,374
up €39,374, from -€3,569 to €35,806
- Tax, wage and social debts +€15,483
new in 2025: €15,483
- Trade debts -€844
down €844 (-62.8%), from €1,344 to €500
- Gross operating margin +€52,833
up €52,833, from -€780 to €52,053
- Taxes +€11,995
new in 2025: €11,995
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.
Cash bridge derived
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 | €904 | €54,917 | +€54,013 | +5974.1% |
| Current assets | 29/58 | €904 | €54,917 | +€54,013 | +5974.1% |
| Amounts receivable within one year | 40/41 | €697 | €22,727 | +€22,029 | +3158.8% |
| Trade receivables | 40 | - | €16,940 | +€16,940 | |
| Other amounts receivable | 41 | €697 | €5,787 | +€5,089 | +729.8% |
| Cash at bank and in hand | 54/58 | €207 | €32,191 | +€31,984 | +15472.1% |
| Total equity and liabilities | 10/49 | €904 | €54,917 | +€54,013 | +5974.1% |
| Equity | 10/15 | -€569 | €38,806 | +€39,374 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,569 | €35,806 | +€39,374 | |
| Amounts payable | 17/49 | €1,473 | €16,112 | +€14,639 | +993.9% |
| Amounts payable within one year | 42/48 | €1,473 | €16,112 | +€14,639 | +993.9% |
| Trade debts | 44 | €1,344 | €500 | -€844 | -62.8% |
| Suppliers | 440/4 | €1,344 | €500 | -€844 | -62.8% |
| Taxes, remuneration and social security | 45 | - | €15,483 | +€15,483 | |
| Taxes | 450/3 | - | €15,483 | +€15,483 | |
| Other amounts payable | 47/48 | €129 | €129 | = | 0.0% |
| Other operating charges | 640/8 | €384 | €561 | +€176 | +45.8% |
| Gross operating margin | 9900 | -€780 | €52,053 | +€52,833 | |
| Operating profit (loss) | 9901 | -€1,164 | €51,493 | +€52,657 | |
| Financial charges | 65/66B | €92 | €123 | +€31 | +33.4% |
| Recurring financial charges | 65 | €92 | €123 | +€31 | +33.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,257 | €51,369 | +€52,626 | |
| Income taxes | 67/77 | - | €11,995 | +€11,995 | |
| Profit (loss) for the period | 9904 | -€1,257 | €39,374 | +€40,631 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,257 | €39,374 | +€40,631 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.