100 % MUST: 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.
100 % MUST
Largest movements
- Tangible fixed assets -€785
down €785 (-43.0%), from €1,826 to €1,041
of which Furniture and vehicles: -€529
- Cash -€312
down €312 (-59.3%), from €525 to €214
mainly Net result for the year (-€3,087) and Receivables within one year (-€211)
- Receivables within one year +€211
up €211 (+1.7%), from €12,154 to €12,366
- Profit (loss) carried forward -€3,087
down €3,087 (-3.0%), from -€101,774 to -€104,861
- Other debts +€1,801
up €1,801 (+1.7%), from €108,449 to €110,251
- Trade debts +€401
up €401 (+24.6%), from €1,630 to €2,031
- Purchases and services -€5,462
down €5,462 (-50.5%), from €10,818 to €5,356
- Turnover -€4,350
down €4,350 (-52.1%), from €8,350 to €4,000
- Gross operating margin +€1,112
up €1,112 (+45.0%), from -€2,468 to -€1,356
- Financial charges +€90
up €90 (+153.4%), from €59 to €148
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 | €14,506 | €13,620 | -€885 | -6.1% |
| Fixed assets | 21/28 | €1,826 | €1,041 | -€785 | -43.0% |
| Tangible fixed assets | 22/27 | €1,826 | €1,041 | -€785 | -43.0% |
| Furniture and vehicles | 24 | €1,058 | €529 | -€529 | -50.0% |
| Other tangible fixed assets | 26 | €769 | €512 | -€256 | -33.3% |
| Current assets | 29/58 | €12,680 | €12,579 | -€100 | -0.8% |
| Amounts receivable within one year | 40/41 | €12,154 | €12,366 | +€211 | +1.7% |
| Other amounts receivable | 41 | €12,154 | €12,366 | +€211 | +1.7% |
| Cash at bank and in hand | 54/58 | €525 | €214 | -€312 | -59.3% |
| Total equity and liabilities | 10/49 | €14,506 | €13,620 | -€885 | -6.1% |
| Equity | 10/15 | -€95,574 | -€98,661 | -€3,087 | -3.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€101,774 | -€104,861 | -€3,087 | -3.0% |
| Amounts payable | 17/49 | €110,080 | €112,282 | +€2,202 | +2.0% |
| Amounts payable within one year | 42/48 | €110,080 | €112,282 | +€2,202 | +2.0% |
| Trade debts | 44 | €1,630 | €2,031 | +€401 | +24.6% |
| Suppliers | 440/4 | €1,630 | €2,031 | +€401 | +24.6% |
| Other amounts payable | 47/48 | €108,449 | €110,251 | +€1,801 | +1.7% |
| Turnover | 70 | €8,350 | €4,000 | -€4,350 | -52.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €10,818 | €5,356 | -€5,462 | -50.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €785 | €785 | = | 0.0% |
| Other operating charges | 640/8 | €818 | €798 | -€20 | -2.4% |
| Gross operating margin | 9900 | -€2,468 | -€1,356 | +€1,112 | +45.0% |
| Operating profit (loss) | 9901 | -€4,071 | -€2,939 | +€1,132 | +27.8% |
| Financial charges | 65/66B | €59 | €148 | +€90 | +153.4% |
| Recurring financial charges | 65 | €59 | €148 | +€90 | +153.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,129 | -€3,087 | +€1,042 | +25.2% |
| Profit (loss) for the period | 9904 | -€4,129 | -€3,087 | +€1,042 | +25.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,129 | -€3,087 | +€1,042 | +25.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.