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.
NATFLOWIT
Largest movements
- Cash +€31,937
up €31,937 (+20.4%), from €156,850 to €188,787
mainly Net result for the year (+€47,608) and Accrued charges and deferred income (+€640)
- Reserves +€47,608
up €47,608 (+33.6%), from €141,521 to €189,128
- Tax, wage and social debts -€13,610
down €13,610 (-64.9%), from €20,967 to €7,356
of which Taxes: -€16,110
- Gross operating margin -€28,968
down €28,968 (-32.3%), from €89,587 to €60,619
- Taxes -€6,110
down €6,110 (-32.9%), from €18,567 to €12,456
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 | €168,102 | €202,013 | +€33,911 | +20.2% |
| Fixed assets | 21/28 | €1,232 | €972 | -€260 | -21.1% |
| Tangible fixed assets | 22/27 | €1,232 | €972 | -€260 | -21.1% |
| Furniture and vehicles | 24 | €1,232 | €972 | -€260 | -21.1% |
| Current assets | 29/58 | €166,869 | €201,041 | +€34,172 | +20.5% |
| Amounts receivable within one year | 40/41 | €10,020 | €11,971 | +€1,952 | +19.5% |
| Trade receivables | 40 | €9,529 | €11,728 | +€2,199 | +23.1% |
| Other amounts receivable | 41 | €491 | €243 | -€247 | -50.4% |
| Cash at bank and in hand | 54/58 | €156,850 | €188,787 | +€31,937 | +20.4% |
| Deferred charges and accrued income | 490/1 | - | €283 | +€283 | |
| Total equity and liabilities | 10/49 | €168,102 | €202,013 | +€33,911 | +20.2% |
| Equity | 10/15 | €145,521 | €193,128 | +€47,608 | +32.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €141,521 | €189,128 | +€47,608 | +33.6% |
| Distributable reserves | 133 | €141,521 | €189,128 | +€47,608 | +33.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €22,581 | €8,885 | -€13,696 | -60.7% |
| Amounts payable within one year | 42/48 | €22,581 | €8,245 | -€14,336 | -63.5% |
| Financial debts | 43 | €381 | €68 | -€313 | -82.1% |
| Credit institutions | 430/8 | €381 | €68 | -€313 | -82.1% |
| Trade debts | 44 | €823 | €290 | -€532 | -64.7% |
| Suppliers | 440/4 | €823 | €290 | -€532 | -64.7% |
| Taxes, remuneration and social security | 45 | €20,967 | €7,356 | -€13,610 | -64.9% |
| Taxes | 450/3 | €20,967 | €4,856 | -€16,110 | -76.8% |
| Remuneration and social security | 454/9 | €0 | €2,500 | +€2,500 | |
| Other amounts payable | 47/48 | €411 | €530 | +€119 | +28.9% |
| Accrued charges and deferred income | 492/3 | - | €640 | +€640 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70 | €260 | +€191 | +272.4% |
| Other operating charges | 640/8 | €226 | €228 | +€2 | +0.9% |
| Gross operating margin | 9900 | €89,587 | €60,619 | -€28,968 | -32.3% |
| Operating profit (loss) | 9901 | €89,291 | €60,130 | -€29,161 | -32.7% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €358 | €67 | -€291 | -81.2% |
| Recurring financial charges | 65 | €358 | €67 | -€291 | -81.2% |
| Profit (loss) for the period before taxes | 9903 | €88,933 | €60,064 | -€28,869 | -32.5% |
| Income taxes | 67/77 | €18,567 | €12,456 | -€6,110 | -32.9% |
| Profit (loss) for the period | 9904 | €70,366 | €47,608 | -€22,758 | -32.3% |
| Profit (loss) for the period to be appropriated | 9905 | €70,366 | €47,608 | -€22,758 | -32.3% |
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 26 September 2026 via checked.be.