555 MANAGEMENT: 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.
555 MANAGEMENT
Largest movements
- Receivables within one year +€131,656
up €131,656 (+59.9%), from €219,930 to €351,586
of which Trade receivables: +€120,172
- Cash -€50,412
down €50,412 (-7.6%), from €667,374 to €616,962
mainly Receivables within one year (-€131,656) and Deferred charges and accrued income (-€50,272)
- Deferred charges and accrued income +€50,272
up €50,272 (+12,165%), from €413 to €50,685
- Tangible fixed assets -€43,794
down €43,794 (-98.9%), from €44,274 to €481
- Receivables after one year +€25,000
up €25,000, from €0 to €25,000
- Reserves +€109,253
up €109,253 (+18.1%), from €602,230 to €711,483
- Tax, wage and social debts +€61,622
up €61,622 (+90.0%), from €68,479 to €130,101
- Trade debts -€27,812
down €27,812 (-21.6%), from €128,588 to €100,776
- Current portion of long-term debt -€13,795
down €13,795 (-100%), from €13,795 to €0
- Gross operating margin -€20,309
down €20,309 (-8.9%), from €228,929 to €208,619
- Depreciation -€16,162
down €16,162 (-93.3%), from €17,314 to €1,152
- Other operating charges +€10,276
up €10,276 (+655%), from €1,570 to €11,846
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 | €931,992 | €1,044,714 | +€112,722 | +12.1% |
| Fixed assets | 21/28 | €44,274 | €481 | -€43,794 | -98.9% |
| Tangible fixed assets | 22/27 | €44,274 | €481 | -€43,794 | -98.9% |
| Furniture and vehicles | 24 | €44,274 | €481 | -€43,794 | -98.9% |
| Current assets | 29/58 | €887,718 | €1,044,233 | +€156,516 | +17.6% |
| Amounts receivable after more than one year | 29 | €0 | €25,000 | +€25,000 | |
| Other amounts receivable | 291 | €0 | €25,000 | +€25,000 | |
| Amounts receivable within one year | 40/41 | €219,930 | €351,586 | +€131,656 | +59.9% |
| Trade receivables | 40 | €148,053 | €268,225 | +€120,172 | +81.2% |
| Other amounts receivable | 41 | €71,877 | €83,361 | +€11,484 | +16.0% |
| Cash at bank and in hand | 54/58 | €667,374 | €616,962 | -€50,412 | -7.6% |
| Deferred charges and accrued income | 490/1 | €413 | €50,685 | +€50,272 | +12,165% |
| Total equity and liabilities | 10/49 | €931,992 | €1,044,714 | +€112,722 | +12.1% |
| Equity | 10/15 | €603,230 | €712,483 | +€109,253 | +18.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €602,230 | €711,483 | +€109,253 | +18.1% |
| Distributable reserves | 133 | €602,230 | €711,483 | +€109,253 | +18.1% |
| Amounts payable | 17/49 | €328,762 | €332,231 | +€3,469 | +1.1% |
| Amounts payable after more than one year | 17 | €9,252 | €0 | -€9,252 | -100% |
| Financial debts | 170/4 | €9,252 | €0 | -€9,252 | -100% |
| Amounts payable within one year | 42/48 | €210,861 | €230,876 | +€20,015 | +9.5% |
| Current portion of amounts payable after more than one year | 42 | €13,795 | €0 | -€13,795 | -100% |
| Trade debts | 44 | €128,588 | €100,776 | -€27,812 | -21.6% |
| Suppliers | 440/4 | €128,588 | €100,776 | -€27,812 | -21.6% |
| Taxes, remuneration and social security | 45 | €68,479 | €130,101 | +€61,622 | +90.0% |
| Taxes | 450/3 | €68,479 | €130,101 | +€61,622 | +90.0% |
| Accrued charges and deferred income | 492/3 | €108,649 | €101,355 | -€7,294 | -6.7% |
| Non-recurring operating income | 76A | €12,004 | €0 | -€12,004 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,314 | €1,152 | -€16,162 | -93.3% |
| Other operating charges | 640/8 | €1,570 | €11,846 | +€10,276 | +655% |
| Non-recurring operating charges | 66A | - | €14,362 | +€14,362 | |
| Gross operating margin | 9900 | €228,929 | €208,619 | -€20,309 | -8.9% |
| Operating profit (loss) | 9901 | €210,045 | €181,260 | -€28,785 | -13.7% |
| Financial income | 75/76B | €1,882 | €1,686 | -€197 | -10.5% |
| Recurring financial income | 75 | €1,882 | €1,686 | -€197 | -10.5% |
| Financial charges | 65/66B | €453 | €1,083 | +€630 | +139% |
| Recurring financial charges | 65 | €453 | €1,083 | +€630 | +139% |
| Profit (loss) for the period before taxes | 9903 | €211,474 | €181,862 | -€29,612 | -14.0% |
| Income taxes | 67/77 | €72,466 | €72,609 | +€143 | +0.2% |
| Profit (loss) for the period | 9904 | €139,008 | €109,253 | -€29,755 | -21.4% |
| Profit (loss) for the period to be appropriated | 9905 | €139,008 | €109,253 | -€29,755 | -21.4% |
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 13 October 2026 via checked.be.