90degrees: what changed
Two fiscal 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.
90degrees
Largest movements
- Receivables within one year +€43,934
up €43,934 (+70.0%), from €62,729 to €106,663
of which Trade receivables: +€38,021
- Cash +€42,085
up €42,085 (+540.7%), from €7,783 to €49,868
mainly Net result for the year (+€23,386) and Tax, wage and social debts (+€16,367)
- Stocks and contracts -€15,789
down €15,789 (-15.3%), from €103,380 to €87,591
of which Contracts in progress: -€11,647
- Tangible fixed assets -€8,351
down €8,351 (-28.7%), from €29,068 to €20,716
of which Plant, machinery and equipment: -€4,181
- Reserves +€23,386
up €23,386 (+18.0%), from €129,913 to €153,298
- Tax, wage and social debts +€16,367
up €16,367 (+35.9%), from €45,559 to €61,926
of which Taxes: +€8,996
- Short-term financial debts +€11,717
new in 2025: €11,717
- Trade debts +€11,265
up €11,265 (+63.0%), from €17,877 to €29,142
- Gross operating margin +€33,730
up €33,730 (+14.6%), from €230,618 to €264,349
- Staff costs +€11,803
up €11,803 (+5.8%), from €203,664 to €215,467
- Taxes +€6,371
up €6,371 (+109.2%), from €5,837 to €12,208
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.
Cash bridge derived
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 | €214,798 | €279,327 | +€64,528 | +30.0% |
| Fixed assets | 21/28 | €32,968 | €24,616 | -€8,351 | -25.3% |
| Tangible fixed assets | 22/27 | €29,068 | €20,716 | -€8,351 | -28.7% |
| Plant, machinery and equipment | 23 | €12,730 | €8,549 | -€4,181 | -32.8% |
| Furniture and vehicles | 24 | €16,337 | €12,167 | -€4,170 | -25.5% |
| Financial fixed assets | 28 | €3,900 | €3,900 | = | 0.0% |
| Current assets | 29/58 | €181,831 | €254,710 | +€72,880 | +40.1% |
| Stocks and contracts in progress | 3 | €103,380 | €87,591 | -€15,789 | -15.3% |
| Stocks | 30/36 | €57,887 | €53,745 | -€4,142 | -7.2% |
| Contracts in progress | 37 | €45,492 | €33,845 | -€11,647 | -25.6% |
| Amounts receivable within one year | 40/41 | €62,729 | €106,663 | +€43,934 | +70.0% |
| Trade receivables | 40 | €58,928 | €96,949 | +€38,021 | +64.5% |
| Other amounts receivable | 41 | €3,801 | €9,713 | +€5,912 | +155.6% |
| Cash at bank and in hand | 54/58 | €7,783 | €49,868 | +€42,085 | +540.7% |
| Deferred charges and accrued income | 490/1 | €7,939 | €10,589 | +€2,650 | +33.4% |
| Total equity and liabilities | 10/49 | €214,798 | €279,327 | +€64,528 | +30.0% |
| Equity | 10/15 | €142,313 | €165,698 | +€23,386 | +16.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €129,913 | €153,298 | +€23,386 | +18.0% |
| Distributable reserves | 133 | €129,913 | €153,298 | +€23,386 | +18.0% |
| Amounts payable | 17/49 | €72,486 | €113,628 | +€41,143 | +56.8% |
| Amounts payable within one year | 42/48 | €71,478 | €112,131 | +€40,653 | +56.9% |
| Financial debts | 43 | - | €11,717 | +€11,717 | |
| Credit institutions | 430/8 | - | €11,717 | +€11,717 | |
| Trade debts | 44 | €17,877 | €29,142 | +€11,265 | +63.0% |
| Suppliers | 440/4 | €17,877 | €29,142 | +€11,265 | +63.0% |
| Taxes, remuneration and social security | 45 | €45,559 | €61,926 | +€16,367 | +35.9% |
| Taxes | 450/3 | €2,755 | €11,750 | +€8,996 | +326.6% |
| Remuneration and social security | 454/9 | €42,804 | €50,176 | +€7,372 | +17.2% |
| Other amounts payable | 47/48 | €8,042 | €9,346 | +€1,304 | +16.2% |
| Accrued charges and deferred income | 492/3 | €1,008 | €1,498 | +€490 | +48.6% |
| Non-recurring operating income | 76A | €5,629 | €0 | -€5,629 | -100.0% |
| Remuneration, social security and pensions | 62 | €203,664 | €215,467 | +€11,803 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,937 | €8,351 | -€586 | -6.6% |
| Other operating charges | 640/8 | €1,606 | €1,631 | +€25 | +1.6% |
| Gross operating margin | 9900 | €230,618 | €264,349 | +€33,730 | +14.6% |
| Operating profit (loss) | 9901 | €16,412 | €38,900 | +€22,488 | +137.0% |
| Financial income | 75/76B | €16 | €110 | +€94 | +580.5% |
| Recurring financial income | 75 | €16 | €110 | +€94 | +580.5% |
| Financial charges | 65/66B | €1,784 | €3,416 | +€1,632 | +91.4% |
| Recurring financial charges | 65 | €1,784 | €3,416 | +€1,632 | +91.4% |
| Profit (loss) for the period before taxes | 9903 | €14,644 | €35,594 | +€20,950 | +143.1% |
| Income taxes | 67/77 | €5,837 | €12,208 | +€6,371 | +109.2% |
| Profit (loss) for the period | 9904 | €8,807 | €23,386 | +€14,579 | +165.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,807 | €23,386 | +€14,579 | +165.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.