A L'ANVERS: 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 L'ANVERS
Largest movements
- Cash -€63,225
down €63,225 (-95.2%), from €66,403 to €3,178
mainly Investment in fixed assets (net) (-€31,203) and Other debts (-€24,960)
- Tangible fixed assets +€29,816
up €29,816 (+904%), from €3,298 to €33,114
of which Other tangible fixed assets: +€15,073
- Receivables within one year -€20,040
down €20,040 (-82.8%), from €24,213 to €4,174
of which Other amounts receivable: -€20,713
- Financial fixed assets -€3,450
no longer reported in 2025 (was €3,450)
- Other debts -€24,960
down €24,960 (-86.8%), from €28,750 to €3,790
- Profit (loss) carried forward -€21,518
down €21,518 (-77.2%), from €27,884 to €6,366
- Tax, wage and social debts -€6,827
down €6,827 (-41.5%), from €16,446 to €9,619
of which Taxes: -€9,174
- Trade debts -€2,460
down €2,460 (-37.9%), from €6,489 to €4,029
- Current portion of long-term debt -€1,398
no longer reported in 2025 (was €1,398)
- Gross operating margin -€57,301
down €57,301 (-64.0%), from €89,567 to €32,266
- Staff costs +€13,472
up €13,472 (+42.9%), from €31,376 to €44,848
- Taxes -€13,349
down €13,349 (-99.0%), from €13,491 to €141
- Other operating charges -€3,650
down €3,650 (-58.9%), from €6,193 to €2,543
- Depreciation +€2,276
up €2,276 (+88.9%), from €2,561 to €4,837
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 | €99,567 | €42,404 | -€57,162 | -57.4% |
| Fixed assets | 21/28 | €6,748 | €33,114 | +€26,366 | +391% |
| Tangible fixed assets | 22/27 | €3,298 | €33,114 | +€29,816 | +904% |
| Plant, machinery and equipment | 23 | €137 | €4,548 | +€4,410 | +3,208% |
| Furniture and vehicles | 24 | €3,161 | €13,493 | +€10,333 | +327% |
| Other tangible fixed assets | 26 | - | €15,073 | +€15,073 | |
| Financial fixed assets | 28 | €3,450 | - | -€3,450 | |
| Current assets | 29/58 | €92,818 | €9,290 | -€83,528 | -90.0% |
| Stocks and contracts in progress | 3 | €2,202 | €1,939 | -€263 | -12.0% |
| Stocks | 30/36 | €2,202 | €1,939 | -€263 | -12.0% |
| Amounts receivable within one year | 40/41 | €24,213 | €4,174 | -€20,040 | -82.8% |
| Trade receivables | 40 | - | €674 | +€674 | |
| Other amounts receivable | 41 | €24,213 | €3,500 | -€20,713 | -85.5% |
| Cash at bank and in hand | 54/58 | €66,403 | €3,178 | -€63,225 | -95.2% |
| Total equity and liabilities | 10/49 | €99,567 | €42,404 | -€57,162 | -57.4% |
| Equity | 10/15 | €46,484 | €24,966 | -€21,518 | -46.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,884 | €6,366 | -€21,518 | -77.2% |
| Amounts payable | 17/49 | €53,082 | €17,438 | -€35,644 | -67.1% |
| Amounts payable within one year | 42/48 | €53,082 | €17,438 | -€35,644 | -67.1% |
| Current portion of amounts payable after more than one year | 42 | €1,398 | - | -€1,398 | |
| Trade debts | 44 | €6,489 | €4,029 | -€2,460 | -37.9% |
| Suppliers | 440/4 | €6,489 | €4,029 | -€2,460 | -37.9% |
| Taxes, remuneration and social security | 45 | €16,446 | €9,619 | -€6,827 | -41.5% |
| Taxes | 450/3 | €16,166 | €6,992 | -€9,174 | -56.7% |
| Remuneration and social security | 454/9 | €280 | €2,627 | +€2,348 | +839% |
| Other amounts payable | 47/48 | €28,750 | €3,790 | -€24,960 | -86.8% |
| Remuneration, social security and pensions | 62 | €31,376 | €44,848 | +€13,472 | +42.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,561 | €4,837 | +€2,276 | +88.9% |
| Other operating charges | 640/8 | €6,193 | €2,543 | -€3,650 | -58.9% |
| Non-recurring operating charges | 66A | €276 | - | -€276 | |
| Gross operating margin | 9900 | €89,567 | €32,266 | -€57,301 | -64.0% |
| Operating profit (loss) | 9901 | €49,161 | -€19,962 | -€69,123 | |
| Financial income | 75/76B | €1,310 | - | -€1,310 | |
| Recurring financial income | 75 | €1,310 | - | -€1,310 | |
| Financial charges | 65/66B | €3,410 | €1,414 | -€1,995 | -58.5% |
| Recurring financial charges | 65 | €3,410 | €1,414 | -€1,995 | -58.5% |
| Profit (loss) for the period before taxes | 9903 | €47,061 | -€21,377 | -€68,437 | |
| Income taxes | 67/77 | €13,491 | €141 | -€13,349 | -99.0% |
| Profit (loss) for the period | 9904 | €33,570 | -€21,518 | -€55,088 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,570 | -€21,518 | -€55,088 |
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 24 October 2026 via checked.be.