42 solutions: 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.
42 solutions
Largest movements
- Receivables within one year +€80,534
up €80,534 (+67.1%), from €120,066 to €200,600
of which Trade receivables: +€55,477
- Tangible fixed assets +€40,873
up €40,873 (+1,596%), from €2,561 to €43,435
- Cash +€15,636
up €15,636 (+353%), from €4,436 to €20,071
mainly Net result for the year (+€129,514) and Tax, wage and social debts (+€15,134)
- Current investments -€9,704
down €9,704 (-57.1%), from €17,000 to €7,296
- Profit (loss) carried forward +€128,681
up €128,681, from €0 to €128,681
- Other debts -€16,838
down €16,838 (-94.9%), from €17,735 to €896
- Tax, wage and social debts +€15,134
up €15,134 (+31.7%), from €47,736 to €62,870
of which Taxes: +€20,410
- Gross operating margin +€111,341
up €111,341 (+144%), from €77,146 to €188,487
- Financial charges +€20,801
up €20,801 (+29,647%), from €70 to €20,871
- Taxes +€16,510
up €16,510 (+76.4%), from €21,609 to €38,119
- Financial income +€2,080
new in 2025: €2,080
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 | €144,793 | €272,284 | +€127,491 | +88.1% |
| Fixed assets | 21/28 | €2,561 | €43,435 | +€40,873 | +1,596% |
| Tangible fixed assets | 22/27 | €2,561 | €43,435 | +€40,873 | +1,596% |
| Furniture and vehicles | 24 | €2,561 | €43,435 | +€40,873 | +1,596% |
| Current assets | 29/58 | €142,232 | €228,850 | +€86,617 | +60.9% |
| Amounts receivable within one year | 40/41 | €120,066 | €200,600 | +€80,534 | +67.1% |
| Trade receivables | 40 | €120,066 | €175,543 | +€55,477 | +46.2% |
| Other amounts receivable | 41 | - | €25,057 | +€25,057 | |
| Current investments | 50/53 | €17,000 | €7,296 | -€9,704 | -57.1% |
| Cash at bank and in hand | 54/58 | €4,436 | €20,071 | +€15,636 | +353% |
| Deferred charges and accrued income | 490/1 | €731 | €882 | +€151 | +20.7% |
| Total equity and liabilities | 10/49 | €144,793 | €272,284 | +€127,491 | +88.1% |
| Equity | 10/15 | €78,945 | €207,626 | +€128,681 | +163% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €76,945 | €76,945 | = | 0.0% |
| Distributable reserves | 133 | €76,945 | €76,945 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €128,681 | +€128,681 | |
| Amounts payable | 17/49 | €65,849 | €64,659 | -€1,190 | -1.8% |
| Amounts payable within one year | 42/48 | €65,849 | €64,659 | -€1,190 | -1.8% |
| Financial debts | 43 | - | €514 | +€514 | |
| Credit institutions | 430/8 | - | €514 | +€514 | |
| Trade debts | 44 | €377 | €378 | +€0 | +0.1% |
| Suppliers | 440/4 | €377 | €378 | +€0 | +0.1% |
| Taxes, remuneration and social security | 45 | €47,736 | €62,870 | +€15,134 | +31.7% |
| Taxes | 450/3 | €42,460 | €62,870 | +€20,410 | +48.1% |
| Remuneration and social security | 454/9 | €5,277 | €0 | -€5,277 | -100% |
| Other amounts payable | 47/48 | €17,735 | €896 | -€16,838 | -94.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,067 | €1,528 | +€461 | +43.2% |
| Other operating charges | 640/8 | €384 | €536 | +€151 | +39.4% |
| Non-recurring operating charges | 66A | €562 | €0 | -€562 | -100% |
| Gross operating margin | 9900 | €77,146 | €188,487 | +€111,341 | +144% |
| Operating profit (loss) | 9901 | €75,132 | €186,424 | +€111,291 | +148% |
| Financial income | 75/76B | - | €2,080 | +€2,080 | |
| Recurring financial income | 75 | - | €2,080 | +€2,080 | |
| Financial charges | 65/66B | €70 | €20,871 | +€20,801 | +29,647% |
| Recurring financial charges | 65 | €70 | €20,871 | +€20,801 | +29,647% |
| Profit (loss) for the period before taxes | 9903 | €75,062 | €167,633 | +€92,571 | +123% |
| Income taxes | 67/77 | €21,609 | €38,119 | +€16,510 | +76.4% |
| Profit (loss) for the period | 9904 | €53,453 | €129,514 | +€76,061 | +142% |
| Profit (loss) for the period to be appropriated | 9905 | €53,453 | €129,514 | +€76,061 | +142% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.