A & D: 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.
A & D
Largest movements
- Cash +€9,132
up €9,132 (+20.7%), from €44,182 to €53,314
mainly Net result for the year (+€6,632) and Tax, wage and social debts (+€3,125)
- Tangible fixed assets +€1,819
new in 2025: €1,819
- Reserves +€6,632
up €6,632 (+74.6%), from €8,885 to €15,516
- Tax, wage and social debts +€3,125
up €3,125 (+73,874%), from €4 to €3,129
- Other debts +€2,401
up €2,401 (+8.9%), from €27,028 to €29,429
- Trade debts -€1,796
down €1,796 (-70.5%), from €2,547 to €752
- Gross operating margin +€12,850
up €12,850, from -€748 to €12,102
- Taxes +€1,958
new in 2025: €1,958
- Depreciation +€181
new in 2025: €181
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 | €46,783 | €57,130 | +€10,346 | +22.1% |
| Fixed assets | 21/28 | - | €1,819 | +€1,819 | |
| Tangible fixed assets | 22/27 | - | €1,819 | +€1,819 | |
| Furniture and vehicles | 24 | - | €1,819 | +€1,819 | |
| Current assets | 29/58 | €46,783 | €55,310 | +€8,527 | +18.2% |
| Stocks and contracts in progress | 3 | €1,724 | €1,551 | -€172 | -10.0% |
| Stocks | 30/36 | €1,724 | €1,551 | -€172 | -10.0% |
| Cash at bank and in hand | 54/58 | €44,182 | €53,314 | +€9,132 | +20.7% |
| Deferred charges and accrued income | 490/1 | €877 | €445 | -€432 | -49.3% |
| Total equity and liabilities | 10/49 | €46,783 | €57,130 | +€10,346 | +22.1% |
| Equity | 10/15 | €15,082 | €21,713 | +€6,632 | +44.0% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €8,885 | €15,516 | +€6,632 | +74.6% |
| Distributable reserves | 133 | €8,885 | €15,516 | +€6,632 | +74.6% |
| Amounts payable | 17/49 | €31,701 | €35,416 | +€3,715 | +11.7% |
| Amounts payable within one year | 42/48 | €29,579 | €33,310 | +€3,731 | +12.6% |
| Trade debts | 44 | €2,547 | €752 | -€1,796 | -70.5% |
| Suppliers | 440/4 | €2,547 | €752 | -€1,796 | -70.5% |
| Taxes, remuneration and social security | 45 | €4 | €3,129 | +€3,125 | +73,874% |
| Taxes | 450/3 | €4 | €3,129 | +€3,125 | +73,874% |
| Other amounts payable | 47/48 | €27,028 | €29,429 | +€2,401 | +8.9% |
| Accrued charges and deferred income | 492/3 | €2,122 | €2,106 | -€16 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €181 | +€181 | |
| Other operating charges | 640/8 | €1,154 | €1,192 | +€39 | +3.4% |
| Gross operating margin | 9900 | -€748 | €12,102 | +€12,850 | |
| Operating profit (loss) | 9901 | -€1,902 | €10,729 | +€12,630 | |
| Financial income | 75/76B | €9 | €1 | -€8 | -94.2% |
| Recurring financial income | 75 | €9 | €1 | -€8 | -94.2% |
| Financial charges | 65/66B | €2,156 | €2,140 | -€16 | -0.7% |
| Recurring financial charges | 65 | €2,156 | €2,140 | -€16 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,048 | €8,589 | +€12,638 | |
| Income taxes | 67/77 | - | €1,958 | +€1,958 | |
| Profit (loss) for the period | 9904 | -€4,048 | €6,632 | +€10,680 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,048 | €6,632 | +€10,680 |
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 17 October 2026 via checked.be.