888: 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.
888
Largest movements
- Tangible fixed assets +€39,781
up €39,781 (+2,709%), from €1,469 to €41,250
of which Plant, machinery and equipment: +€39,919
- Cash -€7,613
down €7,613 (-6.5%), from €117,265 to €109,653
mainly Investment in fixed assets (net) (-€41,995) and Receivables within one year (-€7,531)
- Receivables within one year +€7,531
up €7,531 (+7,845%), from €96 to €7,627
- Stocks and contracts +€2,240
up €2,240 (+202%), from €1,108 to €3,348
- Debts after one year +€25,423
new in 2025: €25,423
- Reserves +€12,027
up €12,027 (+14.2%), from €84,515 to €96,542
of which Distributable reserves: +€12,027
- Current portion of long-term debt +€6,248
new in 2025: €6,248
- Trade debts -€3,267
down €3,267 (-52.9%), from €6,179 to €2,911
- Other debts +€2,972
up €2,972 (+48.7%), from €6,108 to €9,079
- Gross operating margin -€26,169
down €26,169 (-51.6%), from €50,753 to €24,584
- Taxes -€5,303
down €5,303 (-49.5%), from €10,708 to €5,405
- Staff costs -€1,297
down €1,297, from €1,253 to -€44
- Depreciation +€1,198
up €1,198 (+118%), from €1,016 to €2,214
- Other operating charges +€1,127
up €1,127 (+79.3%), from €1,420 to €2,547
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 | €125,292 | €166,031 | +€40,739 | +32.5% |
| Fixed assets | 21/28 | €3,169 | €42,950 | +€39,781 | +1,255% |
| Tangible fixed assets | 22/27 | €1,469 | €41,250 | +€39,781 | +2,709% |
| Plant, machinery and equipment | 23 | €1,222 | €41,141 | +€39,919 | +3,267% |
| Furniture and vehicles | 24 | €247 | €109 | -€137 | -55.7% |
| Financial fixed assets | 28 | €1,700 | €1,700 | = | 0.0% |
| Current assets | 29/58 | €122,123 | €123,081 | +€957 | +0.8% |
| Stocks and contracts in progress | 3 | €1,108 | €3,348 | +€2,240 | +202% |
| Stocks | 30/36 | €1,108 | €3,348 | +€2,240 | +202% |
| Amounts receivable within one year | 40/41 | €96 | €7,627 | +€7,531 | +7,845% |
| Other amounts receivable | 41 | €96 | €7,627 | +€7,531 | +7,845% |
| Cash at bank and in hand | 54/58 | €117,265 | €109,653 | -€7,613 | -6.5% |
| Deferred charges and accrued income | 490/1 | €3,654 | €2,453 | -€1,200 | -32.9% |
| Total equity and liabilities | 10/49 | €125,292 | €166,031 | +€40,739 | +32.5% |
| Equity | 10/15 | €103,115 | €115,142 | +€12,027 | +11.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €84,515 | €96,542 | +€12,027 | +14.2% |
| Non-distributable reserves | 130/1 | €1,289 | €1,289 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,289 | €1,289 | = | 0.0% |
| Distributable reserves | 133 | €83,227 | €95,253 | +€12,027 | +14.5% |
| Amounts payable | 17/49 | €22,177 | €50,889 | +€28,712 | +129% |
| Amounts payable after more than one year | 17 | - | €25,423 | +€25,423 | |
| Financial debts | 170/4 | - | €25,423 | +€25,423 | |
| Amounts payable within one year | 42/48 | €21,303 | €24,592 | +€3,289 | +15.4% |
| Current portion of amounts payable after more than one year | 42 | - | €6,248 | +€6,248 | |
| Trade debts | 44 | €6,179 | €2,911 | -€3,267 | -52.9% |
| Suppliers | 440/4 | €6,179 | €2,911 | -€3,267 | -52.9% |
| Taxes, remuneration and social security | 45 | €9,017 | €6,354 | -€2,663 | -29.5% |
| Taxes | 450/3 | €8,083 | €2,620 | -€5,463 | -67.6% |
| Remuneration and social security | 454/9 | €934 | €3,734 | +€2,800 | +300% |
| Other amounts payable | 47/48 | €6,108 | €9,079 | +€2,972 | +48.7% |
| Accrued charges and deferred income | 492/3 | €873 | €873 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €1,253 | -€44 | -€1,297 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,016 | €2,214 | +€1,198 | +118% |
| Other operating charges | 640/8 | €1,420 | €2,547 | +€1,127 | +79.3% |
| Gross operating margin | 9900 | €50,753 | €24,584 | -€26,169 | -51.6% |
| Operating profit (loss) | 9901 | €47,065 | €19,868 | -€27,197 | -57.8% |
| Financial income | 75/76B | €25 | €0 | -€25 | -100.0% |
| Recurring financial income | 75 | €25 | €0 | -€25 | -100.0% |
| Financial charges | 65/66B | €1,518 | €2,436 | +€918 | +60.4% |
| Recurring financial charges | 65 | €1,518 | €2,436 | +€918 | +60.4% |
| Profit (loss) for the period before taxes | 9903 | €45,571 | €17,432 | -€28,140 | -61.7% |
| Income taxes | 67/77 | €10,708 | €5,405 | -€5,303 | -49.5% |
| Profit (loss) for the period | 9904 | €34,863 | €12,027 | -€22,836 | -65.5% |
| Profit (loss) for the period to be appropriated | 9905 | €34,863 | €12,027 | -€22,836 | -65.5% |
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 14 October 2026 via checked.be.