1993: 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.
1993
Largest movements
- Stocks and contracts -€14,234
down €14,234 (-20.7%), from €68,661 to €54,427
- Receivables within one year +€6,848
up €6,848, from €0 to €6,848
- Deferred charges and accrued income -€1,854
down €1,854 (-98.6%), from €1,880 to €26
- Other debts +€20,065
up €20,065 (+181.2%), from €11,073 to €31,138
- Profit (loss) carried forward -€17,373
down €17,373 (-71.4%), from -€24,316 to -€41,689
- Trade debts -€6,488
down €6,488 (-54.8%), from €11,848 to €5,360
- Debts after one year -€6,000
down €6,000 (-5.2%), from €116,300 to €110,300
- Advances received +€2,081
new in 2025: €2,081
- Gross operating margin -€9,617
down €9,617 (-345.8%), from -€2,781 to -€12,398
- Other operating charges +€2,255
up €2,255 (+184.6%), from €1,222 to €3,477
- Depreciation -€1,961
down €1,961 (-100.0%), from €1,961 to €0
- Write-downs -€810
down €810, from €425 to -€385
- Financial income -€422
down €422 (-24.1%), from €1,754 to €1,332
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 | €149,213 | €139,578 | -€9,635 | -6.5% |
| Fixed assets | 21/28 | €4,500 | €4,500 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €4,500 | €4,500 | = | 0.0% |
| Current assets | 29/58 | €144,713 | €135,078 | -€9,635 | -6.7% |
| Stocks and contracts in progress | 3 | €68,661 | €54,427 | -€14,234 | -20.7% |
| Stocks | 30/36 | €68,661 | €54,427 | -€14,234 | -20.7% |
| Amounts receivable within one year | 40/41 | €0 | €6,848 | +€6,848 | |
| Trade receivables | 40 | €0 | €6,848 | +€6,848 | |
| Cash at bank and in hand | 54/58 | €74,172 | €73,778 | -€394 | -0.5% |
| Deferred charges and accrued income | 490/1 | €1,880 | €26 | -€1,854 | -98.6% |
| Total equity and liabilities | 10/49 | €149,213 | €139,578 | -€9,635 | -6.5% |
| Equity | 10/15 | €684 | -€16,689 | -€17,373 | |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,316 | -€41,689 | -€17,373 | -71.4% |
| Amounts payable | 17/49 | €148,529 | €156,267 | +€7,738 | +5.2% |
| Amounts payable after more than one year | 17 | €116,300 | €110,300 | -€6,000 | -5.2% |
| Financial debts | 170/4 | €116,300 | €110,300 | -€6,000 | -5.2% |
| Amounts payable within one year | 42/48 | €31,979 | €45,967 | +€13,988 | +43.7% |
| Trade debts | 44 | €11,848 | €5,360 | -€6,488 | -54.8% |
| Suppliers | 440/4 | €11,848 | €5,360 | -€6,488 | -54.8% |
| Advances received on contracts in progress | 46 | - | €2,081 | +€2,081 | |
| Taxes, remuneration and social security | 45 | €9,058 | €7,387 | -€1,671 | -18.4% |
| Taxes | 450/3 | €8,980 | €6,909 | -€2,071 | -23.1% |
| Remuneration and social security | 454/9 | €78 | €478 | +€400 | +511.5% |
| Other amounts payable | 47/48 | €11,073 | €31,138 | +€20,065 | +181.2% |
| Accrued charges and deferred income | 492/3 | €250 | €0 | -€250 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,961 | €0 | -€1,961 | -100.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €425 | -€385 | -€810 | |
| Other operating charges | 640/8 | €1,222 | €3,477 | +€2,255 | +184.6% |
| Gross operating margin | 9900 | -€2,781 | -€12,398 | -€9,617 | -345.8% |
| Operating profit (loss) | 9901 | -€6,389 | -€15,490 | -€9,101 | -142.4% |
| Financial income | 75/76B | €1,754 | €1,332 | -€422 | -24.1% |
| Recurring financial income | 75 | €1,754 | €1,332 | -€422 | -24.1% |
| Financial charges | 65/66B | €3,034 | €3,040 | +€6 | +0.2% |
| Recurring financial charges | 65 | €3,034 | €3,040 | +€6 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | -€7,669 | -€17,199 | -€9,529 | -124.3% |
| Income taxes | 67/77 | €164 | €174 | +€10 | +6.3% |
| Profit (loss) for the period | 9904 | -€7,833 | -€17,373 | -€9,540 | -121.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,833 | -€17,373 | -€9,540 | -121.8% |
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 7 October 2026 via checked.be.