172 PARTNERS: 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.
172 PARTNERS
Largest movements
- Cash -€19,692
down €19,692 (-70.2%), from €28,061 to €8,369
mainly Net result for the year (-€15,982) and Receivables within one year (-€4,447)
- Receivables within one year +€4,447
up €4,447 (+15.2%), from €29,220 to €33,667
of which Trade receivables: +€4,152
- Tangible fixed assets -€2,972
down €2,972 (-24.6%), from €12,073 to €9,101
of which Furniture and vehicles: -€2,366
- Financial fixed assets -€1,731
down €1,731 (-39.6%), from €4,370 to €2,639
- Profit (loss) carried forward -€15,982
down €15,982 (-26.1%), from €61,336 to €45,354
- Other debts -€3,834
down €3,834 (-90.4%), from €4,242 to €408
- Gross operating margin -€25,588
down €25,588, from €13,748 to -€11,840
- Depreciation +€389
up €389 (+12.8%), from €3,034 to €3,423
- Other operating charges -€325
down €325 (-41.4%), from €786 to €460
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.
Derived cash bridge
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 | €74,206 | €54,198 | -€20,008 | -27.0% |
| Fixed assets | 21/28 | €16,443 | €11,740 | -€4,703 | -28.6% |
| Tangible fixed assets | 22/27 | €12,073 | €9,101 | -€2,972 | -24.6% |
| Plant, machinery and equipment | 23 | €439 | €291 | -€149 | -33.9% |
| Furniture and vehicles | 24 | €8,743 | €6,377 | -€2,366 | -27.1% |
| Other tangible fixed assets | 26 | €2,890 | €2,433 | -€457 | -15.8% |
| Financial fixed assets | 28 | €4,370 | €2,639 | -€1,731 | -39.6% |
| Current assets | 29/58 | €57,763 | €42,458 | -€15,305 | -26.5% |
| Amounts receivable within one year | 40/41 | €29,220 | €33,667 | +€4,447 | +15.2% |
| Trade receivables | 40 | €28,369 | €32,521 | +€4,152 | +14.6% |
| Other amounts receivable | 41 | €852 | €1,146 | +€295 | +34.6% |
| Cash at bank and in hand | 54/58 | €28,061 | €8,369 | -€19,692 | -70.2% |
| Deferred charges and accrued income | 490/1 | €481 | €422 | -€60 | -12.4% |
| Total equity and liabilities | 10/49 | €74,206 | €54,198 | -€20,008 | -27.0% |
| Equity | 10/15 | €67,536 | €51,554 | -€15,982 | -23.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,336 | €45,354 | -€15,982 | -26.1% |
| Amounts payable | 17/49 | €6,670 | €2,644 | -€4,026 | -60.4% |
| Amounts payable within one year | 42/48 | €6,670 | €2,644 | -€4,026 | -60.4% |
| Trade debts | 44 | €1,333 | €1,144 | -€189 | -14.2% |
| Suppliers | 440/4 | €1,333 | €1,144 | -€189 | -14.2% |
| Taxes, remuneration and social security | 45 | €1,095 | €1,092 | -€4 | -0.3% |
| Taxes | 450/3 | €1,095 | €1,092 | -€4 | -0.3% |
| Other amounts payable | 47/48 | €4,242 | €408 | -€3,834 | -90.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,034 | €3,423 | +€389 | +12.8% |
| Other operating charges | 640/8 | €786 | €460 | -€325 | -41.4% |
| Gross operating margin | 9900 | €13,748 | -€11,840 | -€25,588 | |
| Operating profit (loss) | 9901 | €9,928 | -€15,723 | -€25,652 | |
| Financial charges | 65/66B | €316 | €259 | -€57 | -18.0% |
| Recurring financial charges | 65 | €316 | €259 | -€57 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €9,613 | -€15,982 | -€25,595 | |
| Profit (loss) for the period | 9904 | €9,613 | -€15,982 | -€25,595 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,613 | -€15,982 | -€25,595 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.