2 FAST: 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.
2 FAST
Largest movements
- Cash -€17,251
down €17,251 (-53.1%), from €32,515 to €15,264
mainly Net result for the year (-€16,282) and Receivables within one year (-€3,475)
- Receivables within one year +€3,475
up €3,475 (+23.2%), from €14,968 to €18,443
of which Trade receivables: +€3,617
- Stocks and contracts -€1,747
down €1,747 (-5.1%), from €34,307 to €32,560
- Tangible fixed assets -€960
down €960 (-99.7%), from €963 to €3
of which Plant, machinery and equipment: -€960
- Reserves -€16,282
down €16,282 (-26.8%), from €60,722 to €44,440
- Gross operating margin -€4,444
down €4,444 (-48.6%), from -€9,139 to -€13,583
- Depreciation -€494
down €494 (-34.0%), from €1,454 to €960
- Write-downs -€439
down €439 (-34.9%), from €1,258 to €820
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 | €86,741 | €70,298 | -€16,443 | -19.0% |
| Fixed assets | 21/28 | €4,620 | €3,660 | -€960 | -20.8% |
| Tangible fixed assets | 22/27 | €963 | €3 | -€960 | -99.7% |
| Plant, machinery and equipment | 23 | €963 | €3 | -€960 | -99.7% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €3,658 | €3,658 | = | 0.0% |
| Current assets | 29/58 | €82,120 | €66,638 | -€15,483 | -18.9% |
| Stocks and contracts in progress | 3 | €34,307 | €32,560 | -€1,747 | -5.1% |
| Stocks | 30/36 | €34,307 | €32,560 | -€1,747 | -5.1% |
| Amounts receivable within one year | 40/41 | €14,968 | €18,443 | +€3,475 | +23.2% |
| Trade receivables | 40 | €14,164 | €17,781 | +€3,617 | +25.5% |
| Other amounts receivable | 41 | €804 | €662 | -€142 | -17.7% |
| Cash at bank and in hand | 54/58 | €32,515 | €15,264 | -€17,251 | -53.1% |
| Deferred charges and accrued income | 490/1 | €331 | €370 | +€39 | +11.9% |
| Total equity and liabilities | 10/49 | €86,741 | €70,298 | -€16,443 | -19.0% |
| Equity | 10/15 | €79,322 | €63,040 | -€16,282 | -20.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €60,722 | €44,440 | -€16,282 | -26.8% |
| Distributable reserves | 133 | €60,722 | €44,440 | -€16,282 | -26.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €7,419 | €7,258 | -€161 | -2.2% |
| Amounts payable within one year | 42/48 | €7,419 | €7,229 | -€190 | -2.6% |
| Trade debts | 44 | €803 | €421 | -€381 | -47.5% |
| Suppliers | 440/4 | €803 | €421 | -€381 | -47.5% |
| Taxes, remuneration and social security | 45 | €2,060 | €1,721 | -€339 | -16.5% |
| Taxes | 450/3 | €2,060 | €1,721 | -€339 | -16.5% |
| Other amounts payable | 47/48 | €4,556 | €5,086 | +€531 | +11.6% |
| Accrued charges and deferred income | 492/3 | - | €29 | +€29 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,454 | €960 | -€494 | -34.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,258 | €820 | -€439 | -34.9% |
| Other operating charges | 640/8 | €622 | €631 | +€9 | +1.4% |
| Gross operating margin | 9900 | -€9,139 | -€13,583 | -€4,444 | -48.6% |
| Operating profit (loss) | 9901 | -€12,473 | -€15,993 | -€3,520 | -28.2% |
| Financial income | 75/76B | €16 | €5 | -€10 | -66.6% |
| Recurring financial income | 75 | €16 | €5 | -€10 | -66.6% |
| Financial charges | 65/66B | €307 | €294 | -€13 | -4.3% |
| Recurring financial charges | 65 | €307 | €294 | -€13 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | -€12,765 | -€16,282 | -€3,517 | -27.6% |
| Profit (loss) for the period | 9904 | -€12,765 | -€16,282 | -€3,517 | -27.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,765 | -€16,282 | -€3,517 | -27.6% |
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.