MODE TREND: what changed
MODE TREND
Largest movements
- Cash +€264,751
up €264,751 (+365%), from €72,564 to €337,314
mainly Net result for the year (+€194,122) and Current investments (+€100,000)
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Stocks and contracts +€45,291
new in 2025: €45,291
- Intangible fixed assets +€21,543
up €21,543 (+136%), from €15,788 to €37,331
- Profit (loss) carried forward +€194,122
up €194,122 (+215%), from €90,274 to €284,396
- Trade debts +€26,475
up €26,475 (+2,702%), from €980 to €27,455
- Tax, wage and social debts +€17,228
up €17,228 (+35.0%), from €49,248 to €66,476
of which Taxes: +€12,037
- Other debts -€7,323
down €7,323 (-14.9%), from €49,301 to €41,978
- Gross operating margin +€170,749
up €170,749 (+128%), from €133,202 to €303,951
- Taxes +€33,473
up €33,473 (+139%), from €24,000 to €57,473
- Staff costs +€25,061
up €25,061 (+164%), from €15,252 to €40,314
- Depreciation +€10,689
up €10,689 (+2,411%), from €443 to €11,132
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 | €192,803 | €423,306 | +€230,502 | +120% |
| Fixed assets | 21/28 | €19,677 | €40,700 | +€21,023 | +107% |
| Intangible fixed assets | 21 | €15,788 | €37,331 | +€21,543 | +136% |
| Tangible fixed assets | 22/27 | €3,889 | €3,369 | -€520 | -13.4% |
| Plant, machinery and equipment | 23 | €3,889 | €3,369 | -€520 | -13.4% |
| Current assets | 29/58 | €173,126 | €382,605 | +€209,479 | +121% |
| Stocks and contracts in progress | 3 | - | €45,291 | +€45,291 | |
| Stocks | 30/36 | - | €45,291 | +€45,291 | |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €72,564 | €337,314 | +€264,751 | +365% |
| Deferred charges and accrued income | 490/1 | €562 | - | -€562 | |
| Total equity and liabilities | 10/49 | €192,803 | €423,306 | +€230,502 | +120% |
| Equity | 10/15 | €93,274 | €287,396 | +€194,122 | +208% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €90,274 | €284,396 | +€194,122 | +215% |
| Amounts payable | 17/49 | €99,530 | €135,910 | +€36,380 | +36.6% |
| Amounts payable within one year | 42/48 | €99,530 | €135,910 | +€36,380 | +36.6% |
| Trade debts | 44 | €980 | €27,455 | +€26,475 | +2,702% |
| Suppliers | 440/4 | €980 | €27,455 | +€26,475 | +2,702% |
| Taxes, remuneration and social security | 45 | €49,248 | €66,476 | +€17,228 | +35.0% |
| Taxes | 450/3 | €47,245 | €59,281 | +€12,037 | +25.5% |
| Remuneration and social security | 454/9 | €2,004 | €7,195 | +€5,191 | +259% |
| Other amounts payable | 47/48 | €49,301 | €41,978 | -€7,323 | -14.9% |
| Remuneration, social security and pensions | 62 | €15,252 | €40,314 | +€25,061 | +164% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €443 | €11,132 | +€10,689 | +2,411% |
| Other operating charges | 640/8 | €2,774 | €636 | -€2,138 | -77.1% |
| Gross operating margin | 9900 | €133,202 | €303,951 | +€170,749 | +128% |
| Operating profit (loss) | 9901 | €114,733 | €251,869 | +€137,137 | +120% |
| Financial income | 75/76B | €0 | €1,585 | +€1,585 | +5,282,967% |
| Recurring financial income | 75 | €0 | €1,585 | +€1,585 | +5,282,967% |
| Financial charges | 65/66B | €459 | €1,859 | +€1,400 | +305% |
| Recurring financial charges | 65 | €459 | €1,859 | +€1,400 | +305% |
| Profit (loss) for the period before taxes | 9903 | €114,274 | €251,596 | +€137,322 | +120% |
| Income taxes | 67/77 | €24,000 | €57,473 | +€33,473 | +139% |
| Profit (loss) for the period | 9904 | €90,274 | €194,122 | +€103,849 | +115% |
| Profit (loss) for the period to be appropriated | 9905 | €90,274 | €194,122 | +€103,849 | +115% |
Next steps
Calculation and sources
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 4 November 2026 via checked.be.