4 COULEURS: 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.
4 COULEURS
Largest movements
- Cash +€4,956
up €4,956 (+826%), from €600 to €5,556
mainly Net result for the year (+€12,536) and Tax, wage and social debts (+€2,442)
- Receivables within one year -€1,175
down €1,175 (-35.2%), from €3,341 to €2,166
of which Trade receivables: -€1,251
- Profit (loss) carried forward +€12,536
up €12,536 (+40.3%), from -€31,122 to -€18,585
- Other debts -€10,200
down €10,200 (-31.4%), from €32,478 to €22,278
- Tax, wage and social debts +€2,442
up €2,442 (+2,495%), from €98 to €2,540
of which Taxes: +€2,142
- Trade debts -€1,006
down €1,006 (-29.2%), from €3,447 to €2,441
- Gross operating margin +€10,359
up €10,359 (+290%), from €3,574 to €13,934
- Financial charges +€269
up €269 (+77.3%), from €348 to €618
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,501 | €27,273 | +€3,772 | +16.1% |
| Current assets | 29/58 | €23,501 | €27,273 | +€3,772 | +16.1% |
| Stocks and contracts in progress | 3 | €19,560 | €19,552 | -€9 | 0.0% |
| Stocks | 30/36 | €19,560 | €19,552 | -€9 | 0.0% |
| Amounts receivable within one year | 40/41 | €3,341 | €2,166 | -€1,175 | -35.2% |
| Trade receivables | 40 | €3,268 | €2,018 | -€1,251 | -38.3% |
| Other amounts receivable | 41 | €72 | €149 | +€76 | +106% |
| Cash at bank and in hand | 54/58 | €600 | €5,556 | +€4,956 | +826% |
| Total equity and liabilities | 10/49 | €23,501 | €27,273 | +€3,772 | +16.1% |
| Equity | 10/15 | -€12,522 | €15 | +€12,536 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,122 | -€18,585 | +€12,536 | +40.3% |
| Amounts payable | 17/49 | €36,023 | €27,259 | -€8,764 | -24.3% |
| Amounts payable within one year | 42/48 | €36,023 | €27,259 | -€8,764 | -24.3% |
| Trade debts | 44 | €3,447 | €2,441 | -€1,006 | -29.2% |
| Suppliers | 440/4 | €3,447 | €2,441 | -€1,006 | -29.2% |
| Taxes, remuneration and social security | 45 | €98 | €2,540 | +€2,442 | +2,495% |
| Taxes | 450/3 | €98 | €2,240 | +€2,142 | +2,188% |
| Remuneration and social security | 454/9 | - | €300 | +€300 | |
| Other amounts payable | 47/48 | €32,478 | €22,278 | -€10,200 | -31.4% |
| Other operating charges | 640/8 | €687 | €780 | +€92 | +13.4% |
| Gross operating margin | 9900 | €3,574 | €13,934 | +€10,359 | +290% |
| Operating profit (loss) | 9901 | €2,887 | €13,154 | +€10,267 | +356% |
| Financial charges | 65/66B | €348 | €618 | +€269 | +77.3% |
| Recurring financial charges | 65 | €348 | €618 | +€269 | +77.3% |
| Profit (loss) for the period before taxes | 9903 | €2,539 | €12,536 | +€9,998 | +394% |
| Profit (loss) for the period | 9904 | €2,539 | €12,536 | +€9,998 | +394% |
| Profit (loss) for the period to be appropriated | 9905 | €2,539 | €12,536 | +€9,998 | +394% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.