4 BEST WORK: 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.
4 BEST WORK
Largest movements
- Cash -€77,992
down €77,992 (-95.9%), from €81,332 to €3,340
mainly Tax, wage and social debts (-€39,358) and Trade debts (-€26,404)
- Receivables within one year +€15,350
up €15,350 (+23.1%), from €66,569 to €81,919
of which Trade receivables: +€14,921
- Tangible fixed assets -€4,220
down €4,220 (-35.4%), from €11,931 to €7,711
of which Furniture and vehicles: -€6,165
- Tax, wage and social debts -€39,358
down €39,358 (-61.8%), from €63,733 to €24,375
of which Taxes: -€28,498
- Trade debts -€26,404
down €26,404 (-77.1%), from €34,255 to €7,851
- Gross operating margin -€50,658
down €50,658 (-54.4%), from €93,135 to €42,477
- Taxes -€13,846
down €13,846 (-64.6%), from €21,446 to €7,600
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 | €163,684 | €97,567 | -€66,117 | -40.4% |
| Fixed assets | 21/28 | €11,931 | €7,711 | -€4,220 | -35.4% |
| Tangible fixed assets | 22/27 | €11,931 | €7,711 | -€4,220 | -35.4% |
| Plant, machinery and equipment | 23 | - | €1,945 | +€1,945 | |
| Furniture and vehicles | 24 | €11,931 | €5,766 | -€6,165 | -51.7% |
| Current assets | 29/58 | €151,753 | €89,856 | -€61,897 | -40.8% |
| Amounts receivable within one year | 40/41 | €66,569 | €81,919 | +€15,350 | +23.1% |
| Trade receivables | 40 | €64,609 | €79,530 | +€14,921 | +23.1% |
| Other amounts receivable | 41 | €1,960 | €2,390 | +€429 | +21.9% |
| Cash at bank and in hand | 54/58 | €81,332 | €3,340 | -€77,992 | -95.9% |
| Deferred charges and accrued income | 490/1 | €3,852 | €4,597 | +€745 | +19.3% |
| Total equity and liabilities | 10/49 | €163,684 | €97,567 | -€66,117 | -40.4% |
| Equity | 10/15 | €20,465 | €20,460 | -€5 | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5 | - | -€5 | |
| Amounts payable | 17/49 | €143,219 | €77,107 | -€66,112 | -46.2% |
| Amounts payable within one year | 42/48 | €143,219 | €77,107 | -€66,112 | -46.2% |
| Trade debts | 44 | €34,255 | €7,851 | -€26,404 | -77.1% |
| Suppliers | 440/4 | €34,255 | €7,851 | -€26,404 | -77.1% |
| Taxes, remuneration and social security | 45 | €63,733 | €24,375 | -€39,358 | -61.8% |
| Taxes | 450/3 | €44,303 | €15,805 | -€28,498 | -64.3% |
| Remuneration and social security | 454/9 | €19,430 | €8,570 | -€10,860 | -55.9% |
| Other amounts payable | 47/48 | €45,231 | €44,881 | -€350 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,916 | €9,040 | +€124 | +1.4% |
| Other operating charges | 640/8 | €1,125 | €1,258 | +€133 | +11.8% |
| Gross operating margin | 9900 | €93,135 | €42,477 | -€50,658 | -54.4% |
| Operating profit (loss) | 9901 | €83,094 | €32,179 | -€50,915 | -61.3% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €305 | €233 | -€72 | -23.7% |
| Recurring financial charges | 65 | €305 | €233 | -€72 | -23.7% |
| Profit (loss) for the period before taxes | 9903 | €82,789 | €31,946 | -€50,843 | -61.4% |
| Income taxes | 67/77 | €21,446 | €7,600 | -€13,846 | -64.6% |
| Profit (loss) for the period | 9904 | €61,344 | €24,346 | -€36,998 | -60.3% |
| Profit (loss) for the period to be appropriated | 9905 | €61,344 | €24,346 | -€36,998 | -60.3% |
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 6 October 2026 via checked.be.