1308: 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.
1308
Largest movements
- Receivables within one year -€247,247
no longer reported in 2025 (was €247,247)
of which Other amounts receivable: -€207,577
- Tangible fixed assets -€57,273
down €57,273 (-6.3%), from €915,201 to €857,928
of which Land and buildings: -€55,218
- Profit (loss) carried forward -€110,175
down €110,175 (-223.3%), from -€49,336 to -€159,511
- Other debts -€90,937
down €90,937 (-22.8%), from €399,441 to €308,504
- Debts after one year -€69,874
down €69,874 (-11.9%), from €585,515 to €515,641
- Tax, wage and social debts -€64,294
down €64,294 (-58.7%), from €109,562 to €45,268
- Current portion of long-term debt +€18,351
up €18,351 (+22.1%), from €83,172 to €101,524
- Write-downs +€115,370
up €115,370 (+686.7%), from €16,800 to €132,170
- Gross operating margin +€40,753
up €40,753 (+64.5%), from €63,166 to €103,919
- Other operating charges -€7,377
down €7,377 (-58.7%), from €12,568 to €5,191
- Financial charges -€6,364
down €6,364 (-24.9%), from €25,514 to €19,150
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,197,896 | €885,498 | -€312,398 | -26.1% |
| Formation expenses | 20 | €441 | €131 | -€310 | -70.2% |
| Fixed assets | 21/28 | €915,201 | €857,928 | -€57,273 | -6.3% |
| Tangible fixed assets | 22/27 | €915,201 | €857,928 | -€57,273 | -6.3% |
| Land and buildings | 22 | €910,502 | €855,284 | -€55,218 | -6.1% |
| Plant, machinery and equipment | 23 | €4,699 | €2,644 | -€2,055 | -43.7% |
| Current assets | 29/58 | €282,254 | €27,438 | -€254,815 | -90.3% |
| Amounts receivable within one year | 40/41 | €247,247 | - | -€247,247 | |
| Trade receivables | 40 | €39,670 | - | -€39,670 | |
| Other amounts receivable | 41 | €207,577 | - | -€207,577 | |
| Deferred charges and accrued income | 490/1 | €35,006 | €27,438 | -€7,568 | -21.6% |
| Total equity and liabilities | 10/49 | €1,197,896 | €885,498 | -€312,398 | -26.1% |
| Equity | 10/15 | €664 | -€109,511 | -€110,175 | |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Outside capital | 11 | - | €50,000 | +€50,000 | |
| Other | 1109/19 | - | €50,000 | +€50,000 | |
| Profit (loss) carried forward | 14 | -€49,336 | -€159,511 | -€110,175 | -223.3% |
| Amounts payable | 17/49 | €1,197,232 | €995,008 | -€202,224 | -16.9% |
| Amounts payable after more than one year | 17 | €585,515 | €515,641 | -€69,874 | -11.9% |
| Financial debts | 170/4 | €585,515 | €515,641 | -€69,874 | -11.9% |
| Amounts payable within one year | 42/48 | €611,717 | €479,368 | -€132,349 | -21.6% |
| Current portion of amounts payable after more than one year | 42 | €83,172 | €101,524 | +€18,351 | +22.1% |
| Financial debts | 43 | €3 | - | -€3 | |
| Credit institutions | 430/8 | €3 | - | -€3 | |
| Trade debts | 44 | €19,538 | €24,072 | +€4,534 | +23.2% |
| Suppliers | 440/4 | €19,538 | €24,072 | +€4,534 | +23.2% |
| Taxes, remuneration and social security | 45 | €109,562 | €45,268 | -€64,294 | -58.7% |
| Taxes | 450/3 | €109,562 | €45,268 | -€64,294 | -58.7% |
| Other amounts payable | 47/48 | €399,441 | €308,504 | -€90,937 | -22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,251 | €57,583 | +€332 | +0.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €16,800 | €132,170 | +€115,370 | +686.7% |
| Other operating charges | 640/8 | €12,568 | €5,191 | -€7,377 | -58.7% |
| Gross operating margin | 9900 | €63,166 | €103,919 | +€40,753 | +64.5% |
| Operating profit (loss) | 9901 | -€23,452 | -€91,024 | -€67,572 | -288.1% |
| Financial charges | 65/66B | €25,514 | €19,150 | -€6,364 | -24.9% |
| Recurring financial charges | 65 | €25,514 | €19,150 | -€6,364 | -24.9% |
| Profit (loss) for the period before taxes | 9903 | -€48,966 | -€110,175 | -€61,208 | -125.0% |
| Profit (loss) for the period | 9904 | -€48,966 | -€110,175 | -€61,208 | -125.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€48,966 | -€110,175 | -€61,208 | -125.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.