8op10: 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.
8op10
Largest movements
- Cash -€245,693
down €245,693 (-74.4%), from €330,400 to €84,707
mainly Tax, wage and social debts (-€114,921) and Receivables within one year (-€108,500)
- Receivables within one year +€108,500
up €108,500 (+33.2%), from €326,968 to €435,468
of which Other amounts receivable: +€75,592
- Tangible fixed assets -€17,249
down €17,249 (-10.9%), from €157,834 to €140,585
of which Plant, machinery and equipment: -€23,094
- Tax, wage and social debts -€114,921
no longer reported in 2025 (was €114,921)
- Profit (loss) carried forward -€18,334
down €18,334 (-13.8%), from -€133,146 to -€151,480
- Trade debts -€13,488
down €13,488 (-19.9%), from €67,918 to €54,430
- Gross operating margin -€406,454
down €406,454 (-93.9%), from €432,868 to €26,414
- Taxes -€330,636
no longer reported in 2025 (was €330,636)
- Financial charges +€14,721
up €14,721 (+4,000%), from €368 to €15,089
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 | €1,243,189 | €1,088,260 | -€154,929 | -12.5% |
| Fixed assets | 21/28 | €157,834 | €140,585 | -€17,249 | -10.9% |
| Tangible fixed assets | 22/27 | €157,834 | €140,585 | -€17,249 | -10.9% |
| Land and buildings | 22 | €8,266 | €23,981 | +€15,715 | +190% |
| Plant, machinery and equipment | 23 | €53,816 | €30,722 | -€23,094 | -42.9% |
| Furniture and vehicles | 24 | €95,752 | €85,882 | -€9,870 | -10.3% |
| Current assets | 29/58 | €1,085,355 | €947,675 | -€137,680 | -12.7% |
| Amounts receivable after more than one year | 29 | €420,000 | €420,000 | = | 0.0% |
| Other amounts receivable | 291 | €420,000 | €420,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €326,968 | €435,468 | +€108,500 | +33.2% |
| Trade receivables | 40 | €32,654 | €65,562 | +€32,908 | +101% |
| Other amounts receivable | 41 | €294,314 | €369,906 | +€75,592 | +25.7% |
| Cash at bank and in hand | 54/58 | €330,400 | €84,707 | -€245,693 | -74.4% |
| Deferred charges and accrued income | 490/1 | €7,987 | €7,500 | -€487 | -6.1% |
| Total equity and liabilities | 10/49 | €1,243,189 | €1,088,260 | -€154,929 | -12.5% |
| Equity | 10/15 | €1,050,349 | €1,032,015 | -€18,334 | -1.7% |
| Contributions | 10/11 | €6,667 | €6,667 | = | 0.0% |
| Reserves | 13 | €1,176,828 | €1,176,828 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €1,174,828 | €1,174,828 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€133,146 | -€151,480 | -€18,334 | -13.8% |
| Amounts payable | 17/49 | €192,840 | €56,245 | -€136,595 | -70.8% |
| Amounts payable within one year | 42/48 | €192,840 | €56,245 | -€136,595 | -70.8% |
| Trade debts | 44 | €67,918 | €54,430 | -€13,488 | -19.9% |
| Suppliers | 440/4 | €67,918 | €54,430 | -€13,488 | -19.9% |
| Advances received on contracts in progress | 46 | €10,001 | €1,815 | -€8,186 | -81.9% |
| Taxes, remuneration and social security | 45 | €114,921 | - | -€114,921 | |
| Taxes | 450/3 | €114,921 | - | -€114,921 | |
| Non-recurring operating income | 76A | €493,765 | €105,204 | -€388,561 | -78.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,147 | €28,631 | -€516 | -1.8% |
| Other operating charges | 640/8 | €2,053 | €1,028 | -€1,025 | -49.9% |
| Gross operating margin | 9900 | €432,868 | €26,414 | -€406,454 | -93.9% |
| Operating profit (loss) | 9901 | €401,668 | -€3,245 | -€404,913 | |
| Financial income | 75/76B | €100 | - | -€100 | |
| Recurring financial income | 75 | €100 | - | -€100 | |
| Financial charges | 65/66B | €368 | €15,089 | +€14,721 | +4,000% |
| Recurring financial charges | 65 | €368 | €15,089 | +€14,721 | +4,000% |
| Profit (loss) for the period before taxes | 9903 | €401,400 | -€18,334 | -€419,734 | |
| Income taxes | 67/77 | €330,636 | - | -€330,636 | |
| Profit (loss) for the period | 9904 | €70,764 | -€18,334 | -€89,098 | |
| Profit (loss) for the period to be appropriated | 9905 | €70,764 | -€18,334 | -€89,098 |
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 20 October 2026 via checked.be.